Exchange Blog Cryptocurrency Blog
pepy
-
Posts
11,503 -
Joined
-
Last visited
-
Days Won
5
Everything posted by pepy
-
But just like your thread title, everyone cannot earn profit means everyone must at least suffer loss this is normal for people who involved in forex. I also want to say that even the essence of forex is profit but forex itself has the weakness, which is the volatility which is higher than other kind of financial instrument, this is double edged knife, it could be profit related activity or more loss related activity.
-
@levie: Actually that has nothing to do with mentally strained trader, but usually that happens because people's expectations to forex is relatively high, and when the reality is not like what they expect it suddenly turn into a critical psychology attack thus make traders mentally strained temporarily especially later on the second trading.
-
What factor is help to consistent profit in forex?
pepy replied to Upul Tharanga's topic in Forex Newbies
Consistency could be reached by giving our best in forex and make sure to always follow the rules we created before and proven to be a profitable rule. Putting that aside, our chance to make profit is also considered to be a great factor which help traders to obtain consistent profit, the higher we have the more have chnace to gain consistency in trading. -
Why do you think people are scared of investing in forex?
pepy replied to Levie's topic in Forex Newbies
People afraid before investing their own money in forex becaswue they think that forex is risky but that contains some truth because in fact forex is actually risky business. From what i see most of them are not ready to put their money because of that and also from some story of their friends. -
It still paying but it has less activity maybe compared to its sister site but from what i know this forum is still paying and the rate is lower but it is good to make post here and to be honest this site is loaded faster than DMT, if you want to be more active just post in forex section.
-
What do you think the reason why traders encounter loss in forex ?
pepy replied to Levie's topic in Forex General Discussion
Not a bad comment since that is totally right that traders encounter loss simply because of a lot of factors which should accounted but in newcomers you will find that mostly it is all about emotions not about the market movement which actually sometimes is harder to predict and even not make much sense. -
@myregister: The reason for liquidity in foreign exchange is for sure because of low barrier but it has nothing to do with decentralized server, because it is decentralized so the price is going down because there are no just one liquidity provider which monopolized the market since decentralized market means that there will be tight spread offered.
-
Have you ever trade with ECN? Why ECN become more effective is because it is effective, it hasinterbank market access not like STP or DMA. ECN earns based on theri competitive price because of the liquiditor is easy to accessed by it and not to mention its low cost, well maybe not for scalping but for other kind of trading that is very good.
-
EURCHF opened today just exactly inside of body candle on daily chart and it may give the possibility that today this pair make reversal since on H1 chart EURCHF formed inside bar . This trend supported by KDJ which is showing a crossover on the lower band and the price which past the upper band BB last friday.
-
USDCHF on H1 chart seems still on the cloud, the price is in sideways to be exact so be careful with the trend reversal even like that the upward trend like before still possible for now and may test MA100 and if could break MA100 it may continue that movement or despite fall fruther.
-
EURJPY on H1 chart last week formed hammer candle and there is possibility that this morning bullish sentiment may continue as the part of correction whic may target the price at 123.48 or even to 125.00 if the sentiment or correction is strong enough in this week. But overall bullish may dominate for today.
-
NZD's movement today is below pivot level and inside of swing cloud on H1 chart. With Stochastic's graph moving near overbought area and RSI is sideways for now,the price could rebound in this position but nzdusd predicted to drop its price first to test MA 100 today.
-
On h1 chart, GBPJPY is still in bearish movement. correction this morning predicted to change to bearish again.Downward potency will be favour towards 153.00. This movement supported by KDJ and Stochastic which showing that the price is moving to near overbought area.
-
@novarisa Yes for the sake of earn better in forex you should optimized forex with invest through 2 ways, first by active investment where you the one who trade and by passive investment where you don't active to trade but instead just wait for profit. Anyway fx will be always full with investment because it is a lucrative business.
-
Different thing but you can equate it, since forex with betting has the same concept where you must make a decision with the uncertainity in front of you. Betting is popular because it offers better or higher return than any other kind of activity and so do forex, it offers better or higher return. Fundamentally those have different concept and the similiar one.
-
You make a sense at this point, it is true where we should invest but i think the what kind of regulation is also important, just by regulation doesn't make your money safe, in a less strict regulator you may earn just small amount of your money that lost because of scam or nothing. Choose a reputable regulator like CFTC or FCA.
-
@myregister Yes i think that is totally true, not just money but also time, i know this won't be included by some people but from my own perspective time is important thing for people but sometimes overlooked, aside from spread many traders usually doesn't even care about what is the other cost they should bear.
-
The key is to control your trading so well that you may lowering your chance to lose. Some people fail simply becuase they are too much greedy or forget their own trading rules or even doesn't even know how to get profitable trading. Just spend their own time onto something they can do i suggest demo account for this case.
-
@myregister: That is their own preference, i myself see sometimes cut loss would be so much useful for traders especially when you for example realize that you make a wrong analysis even your position is positive. But for all of my trading i will put Stop Loss and Take Profit first rather than depend on cutting the loss.
-
Well that is life as forex trader isn't it? Sometimes we lose our money sometimes we earn a lot of money or even just small amount of money. News is the only indicator that fundamental type trader have but it doesn't mean that news will be the indicator that make us profit.
-
@myregister Well turnover is a good excuse for someone to involved theirselves into foreign exchange, the other reason why we should trade in forex is because of its margin feature which help us to trade with smaller amount of money. I feel this is the other reason combined with people's willingness to earn money.
-
Well it seems we don't have to argue that neteller is the best payment processor in betting scene, also recently they offer us a good promotion but it seems only for better not for forex even i must admit their services is one of the best with no internal transfer fees which make me feel like i get my full money with no deduction.
-
Facebook Game Cards with WebMoney
-
Nothing so popular it seems but the concept and also its template is user friendly. As far as i know the support of this forum are quite friendly to the users and are nice too. As a relatively new electronic money it is better if we want some kind of magic here, they wouldn't even be on the top list in 2 years thanks to fierce competition but i am sure capitalist will have more users sooner or later and not just users but loyal one.
-
I cannot help you but if you want help you can send your email to their support, it is easier to solve your issue if that is the problem, no one here could help you it seems, but according to me it is better if you describe all of the thing they need like when it happened, or the other possibility they may access your account