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pepy
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Everything posted by pepy
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Long Term trading is possible for new traders, it is not even very hard for them only if they want to practicing it first and sharpening their skills to know when to open and close a position and so on. Long term trade for newbie is possible as long as they want to choose this strategy as their own main strategy.
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You don't have to trade everyday, but i thin twice or up to thrice in a week is ideal but as long as the whole indicator confirm that you can open a position, if that is just about to check the market you can do that in every business days, no one can force you not to do that.
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Psychology logically effect traders, even the fundamental data is strong the tide could change, everything depend on people's psychology that affect the market and how the price react to ours. I don't have much for now since most of fx traders already knew about this issues.
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Only if you can do that, if you can your loss will be bigger too. Jeez, people always think that forex is so profitable so unique but that is a high risk business, people loss people get profit but still the one who earn of course broker, no matter if that is NDD or DD. They earn from each of your transaction even DD actually feel dishearthened with your loss, be satisfied and know the right time to open position is crucial, even your strategy is god-like you won't earn unless you get those two right.
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Yes the rate is completely quite low compared to the other kind of PTC site and if all members is diligent in just matter of some months before people can reach mnimum payout. Also there are a lot of payment proofs here shared by members for more information all of you can visit this link: http://www.vaubux.com/index.php?view=payment_proof. It seems admin already paid in big quantity.
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No payment proofs yet, and this is beause clixpays is still new. Just look at the forum this program isn't even more than 2 weeks. So it is hard to expect payment proofs here. Also total members who active is relatively low. It is better if admin should keep promoting this site to the other site or place to gain more members effectively.
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This is more like investment program rather than paid to click site and thanks to its signup bonus which amount is $5 able to attract more people to join this program. If you want fast earning then buy their adpacks and earn around 156% paying ads, how much ads of course randomized per day here. Overall there are no any sign this one will scam people yet.
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Another typical hybrid ptc site, i don't know what it called but for sure it has bux element and also auror type elements. DDoS protected but doesn't have SSL encryption just make this one half-baked in terms of security. But various payment processor is good, since there are sure diversity in preference of payment processor by members of this program.
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Based on the first glance paidspot is a PTC site but unfortunately it doesn't have any forum so you cannot see that forum and check what the hell are going on It lacks of SSL encryption which is needed in PTC industry but the click rate is pretty satisfying, and only in the first time to cashout only.
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Importance of Demo Account/virtual account in Forex
pepy replied to abdulla1's topic in Forex Newbies
Yes, it is ours and the primary one, without skills it is easy to see many traders would fall to their own demise. Demo account is not the only place but that is the only place without risk, with risk of course real account, i think no matter where you trade, as long as you willing to analyze and see the hole of your strategy now then you can improving yourself. -
We don't need special capital, well to be honest it needs. The special thing or investment which i mean here is that your money. Special capital means that your money is special, means that is a "hot" money and if you invest with this way it is not a healthy kind of investment, if you make more profit that isn't matter but how about if you lose your money?
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Whenever someone want to use expert advisor they should know its flaws and how to operate that expert advisor. Some EA needs specific time to turn on, in some cases it need around one hours or even more or less so it can work, because usually it analyzes the data quite long time before make a model for buy or sell and after that take an action in the right time.
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In pamm , a manager requires not just a skill to make profit but for whole learn how to manage the money they have, and this is not their money but mostly investor's money except for the one who just start their career as pamm manager, Usually pamm manager want to take someone's money because of their understanding and also their own ability to manage that whole money.
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Or learn how to manage the risk first, by able to manage the risk your loss won't be so much rather than someone who force to trade with such a huge amount but in the end loss nearly everything from what they have, also it still important to keep practice as to sharpen your strategy or skills and to understand more about forex's market and reactions.
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Demo vs Real account benefit debate won't end if we cannot reach an agreement. I think both of those accounts has its own advantages and disadvantages, but one thing that i am sure no matter how much we see the disadvantages of real account you will use it sooner or later to make money, not virtual money but the real money.
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I also want to use 1:100 but that is still lower compared to 1:400. My capital isn't as big as the others maybe with 4 digits dollar i may use that much for the sake of stability and profitability at the same time. 1:100 still the lowest leverage ratio you could get for the more efficient use, 1:50 is for American but i think 1:100 for global traders.
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I agree with you, it is right that $3000 is such a huge amount and with that we should invest our money in the right place and i think that a broker which has strict regulation should be a suitable place for that. I myself see this way as the best way to invest my big bucks there, also chance of that broker playing with us is very low.
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Can no deposit free money help you achieve success on forex ?
pepy replied to kaito kid's topic in Forex Newbies
So the problem lies on how good you are to use that free money to achieve your target isn't it? Well if that is the case then free money could help someone, with the caption that someone should be able to achieve the level of effectiveness where they could optimize their free money into optimum level. -
Forex has more liquidity than stock for example because it is decentralized and has lower barrier. It is not like stock where there are quite high barrier for someone to join and also more centralized to one place. And this is also why forex more attractive to more people and make more people join forex.
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H1 chart, EURJPY start to approach MA100 which act as current resistance now, so i expect it will break it. The result of this could drive the price to the higher level 128.35, but at one point if EURJPY failed to break it then the price will fall to 126.80 even cannot recover for this whole day
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As we can see on H1 chart the price is above pivot level even actually failed to bereak resistance level which located at 0.97835 yesterday and turned down, but the position of price movement is still strong to test since it is above pivot, but it means that the for a bullish or bearish are equally possible to happen and may hit either 1st resistance or 1st support.
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Yesterday it seems that EURGBP was trying to break support at 0.78524 and fall further but failed to do so, at this moment the price could lead to the next rebound and strengthening once again, But if price able to break support, the bearish trend will dominate and the downfall is inevitable.
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NZDUSD under bullish sentiment yesterday and price soared up but once again the movement is faled to break MA100 but still trying to break it once again means another testing to MA100. With RSI rise and KDJ bullish crossover the price are expected to continue strengthening today.
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On H1 chart it seems that USDCAD just fall down below MA20 yesterday, but still doubt will be back under pressure today. However, now a potential bullish must get confirmation with a break at 1.33072 which become resitance level if it wants to return to its bullish state.
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GPBPJPY seems on its bullish state, as the price is moving above MA100 and MA20, not to mention based on other indicators such as RSI, it showed that the line is rise to level 77 and there is bigger chance with bullish engulfing pattern formed which may bring GBPJPY to 161.952 at most.