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pepy

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Everything posted by pepy

  1. It seems right, i know in asia pacific people is keep growing and enter middle class means that they will consistently spend their own bucks isn't it? This is a good thing for paypal since they will try to grab those people and put them as their own client. I am sure in 2 years paypal willl stay strong and keep growing.
  2. I think that is acceptable for epay as new e-money doesn't accepted by famous forums or famous brokers. I also don't think in near future it will have but for long term there would be more people who use epay services with no internal transfer fees, exchanging would take less from us and the balance could circulated there inside.
  3. Since the scalpers need it then i think nothing wrong with it and so do people who want long term trading will prefer to pick the pair which give them a competitive rate. STP is typically higher than ECN broker, and over all brokers ECN which has the lowest spread but if you count dealing deks broker some of them are the lowest with zero fixed spread.
  4. 1:1 is fine,i agree with traders who use it because that wouldn't be so much also you won't lose in big numbers if you cannot recover on the first or second trading. But if you want the best still 2:1 is the best, at least if you lose once or twice and the third you are in profit then you can recover back your loss.
  5. According to me, the best factor to help traders to gain a consistent profit is actually their willingness and also they must be careful each time they want to trade and ready to risk an intelligent loss, intelligent loss here is lose but with intelligent way, i mean like wrong prediction but still before you carefully analyze the market but what happen later the answer is different. Having it all will make you consistent.
  6. Carry tradiang requires a lot of money and not all traders around the world which has chance to do that especially if you are just another newbie, your chance to try this technique is limited to the ground. Also not to mention the rate per trading is pretty low and it means our earning wouldn't be so good.
  7. I can say i have mentor but guess what it seems like i trade alone. I mean i visited some blogs and find out one blog which i loved, read their method and practice it in demo account for several months and resulted in much more profits, also i learn there how to manage the risk in pretty good way so i don't blown my account just like when i trade for the first time.
  8. Most of the people surely would choose the platform which they think is make a sense and reliable, i also want to use Jforex or other propetriary platform which is really good based on my observation but what i find out that i am still using MT4 because my broker support it, the only reason we stick with MT4 because it is too wide for usage.
  9. For beginner it may useful for them since it will give them more income if they can do that well. But experienced traders usually don't need something like this, also as far as i know bonus from broker usually come with some hideous terms which make it harder to trade.
  10. Hm this is actually a bit complex since not everyone which post after me will agree but according to me a trader should spend more than 6 months and trade intensively in demo account before they switch to real account, because you need experience and a good place to gain experience without need to lose your money is demo account. But if you willing to risk your money for experience then you can just jump into real account.
  11. LOL, this one is depend on and i am sure a trader who trade with fundamental analysis doesn't trade everyday, but if the situation allow it then they will but never think that we will get profit everyday not, sometimes we lose often we got profit. So the bottom line is i trade 5 days a week if situation allowed it.
  12. Yes, i agree with you as unecessary loss is freakin bad. Also i need to underline this that one of the best tips for many people is actually, calculate the risk based on your risk management if i must say it should be at most 5% of your total capital. Never ever risk more than that, because it will disrupt your trading.
  13. I beg to differ, since i see knowledge is not the only tools, it is for me as component that must be placed on the right place. I know knowledge is important but your experience also important, your broker is also important and so on. Knowledge-only won't bring you anywhere or just around your current place, but if you put it in action and gain experience after that you will be different and become better.
  14. Nothing wrong as long as you can reap profit from it. If you don't? That is not really good for you. I do recommend TP with Trailing Stops. This would give you much more benefit, since if you cannot reach your TP but on the positive floating positions, you still able to reap profit when the price is against you.
  15. Yes, based on my calculation in demo account of ECN brokers which i've ever tried. STP of course the highest amount of spread i've ever got but that is pretty normal since spread usually freaking wide when there are less liquidity on the market. I agree with omar-profits. There are some Banks which act as ECN, you can see Dukascopy is one of the example.
  16. I think both @Levie, it is not just a case of choice, it is a prospect which forex has and also the matter of choice that forex offers. Forex is a flexible business but give better income if we can trade properly. You can trade anytime, everywhere and with how much you want. As for the prospect, just imagine with more than 4 trillion USD which circulated everyday? That is such a good thing for people or even retail traders like me, just imagine you could get profit with 0.0001% from that 4 trillion?
  17. First and the most important one is don't trade in real account YET. Trade in demo account first, spend at leaasat 6 months it would be good if one year. Trade there at least once in a week. This could boost your understanding about forex as you learn from other forex's blog. If you are loss check what is the main cause, and then find how to solve that issue.
  18. @gaban Of course it is very different . Demo = practice, Real = Place to earn. But in demo account you can earn, the only problem is that you earn through contest not from trading and the earn. Well thanks to innovative technology invested in forex, now there are not just one way for people to earn from forex and from either demo or real account.
  19. In most cases all newbies i see are weak in terms of psychology trading has less experience. But i think if those newbies spent around 6 months at least on Demo account before trade in real account i see they just less superior on the first or second trading becuase of the groginess the rest they are getting better.
  20. This is normal that people can lose, so it is valid statement that everyone can experiencing loss. But it doesn't mean that sooner you may recover yourself, maybe you still lose your money, but it is unavoidabale to lose, i see many people explot this thing for the sake of their own product. For me, loss is an experience to learned from.
  21. As for daily some of my friend(offline one) prefer around 30-80 pips but usually at 50-60 pips at most. As far as i know it should be at around 30-100 pips and it should be lower than your TP, to be exact it should be as half as your take profit. Some traders set it after trade or for few hours after trading so if condition is turning bad they simply cut the loss before lose more with stop loss.
  22. USDCHF still failed to fall down and break support level at 0.96936, but Stochastic and KDJ already showing an indication that the price is near overbought area. Even there is a chance for this pair to rise, but still this pair has strong pressure from seller and may go down to test today's support at 0.95374.
  23. EURCHF on H1 chart is hampered by the bearish pressure and still trying to break 1.10032 which is current resistance level. There is actually a potency that this pair fall down if the price cannot rise above resistance, but if the price able to break at 1.10032 then the price could strengthening itself to higher price.
  24. On daily chart it is clear that Silver still find hard to break resistance level at 17.175 without much efforts. This morning also shows an indication that the price may pressed to fall further. At this current condition, it seems silver may fall to below resistance level at 16.745.
  25. Well, NZDUSD this morning just got its rebound and closed above 0.68512 before it starts, the price seems trying to break resistance at 0.69445 but still cannot do that. Wit this failure for break resistance level it predicted that NZDU may get a pressure once again and fall down near to 0.68512 again.
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