Decub

As Far As I Know, Skrill is not really strict but if you use it in forex or another kind of business i think that is not a big deal to use it for long term, except you are using skrill services for something that may killing you sooner like HYIP or Scamming business.

If they haven't treated you bad, that might not mean they are strict because I've heard some Pakistanis friends who have used it and they don't see it as a free user payment processor just like PM and payment processors like Okpay. There are certain things others might see as hard while others wouldn't see them as such.

The special thing is that of all of them that you mentioned, Okpay seems to be the only one that is not regulated and yet commands a lot of respect among them. That is one thing that will tell you that even though it is not a regulated payment system, it still is a force to reckon with.

In my country, the reverse is the case if not now that it has started resurfacing itself again. I remember a time when Payza was down to earth that there is hardly someone you can find using it. As a matter of fact, there was once a time when it sounded as though Payza was gone but I was surprised to have found it resuscitated.

What is extremely importance is the ability of the payment processor to remain in the system for a long time and that is exactly what Okpay has succeeded in doing. To some great extent, it has gained the attention of a lot of people who are online earners and that's why I also believe it has attracted certain brokers.

I think the only thing they are trying to do is to make sure the system is even more secured. These days, payment processors have the tendency of winding up and STP wouldn't want to fall into such category considering the influx of those who are using it and the way other payment processors wind up.

In Forex, we all grow from goat, cub to lion because there is no way you will just grow to expert without first passing through the stage of smaller trader. You have to start small and grow until you get to the point where you need to get. If you just jump to success, then you will learn how to make it little. Everything starts small and with time, you will learn to grow it big.

You are particularly right. There is no one who just got to the head like that or who climbed to the top without hastles. Becoming spectacular is a process and learning how to do things right is something that also takes some time to come. If one doesn't think of how to make it gradually, then it will definitely be hard for the person to understand how to make it work.

I have seen some traders who are retirees and they end up taking the business as their full time business. Forex is a business that you can either do part time or full time depending on whether you have much more knowledge or know if there is actually much more knowledge to make things work out well for you.

Of course yes because retirees have nothing more to think of when it comes to working. Most often, they look for something to fall back on and that is where trading in the market comes in. It is in view of this that is also right for one to see Forex as something you can do either as a part time or full tim basis.

If you choose a broker whose reputation is good and also fully regulated, then you don't have to worry about your funds. I trade with Mayzus which has a very good reputation and its also regulated so I'm now worried about may funds and profits.

And I think it's a matter of choosing the right broker. Those who don't have a good broker will most ikely cry when such happen and it is also important that the trader understands what he is going for in the first place. Being a trader who takes success serious entails a lot of things and one of those things is to know that Forex requires good brokerage for success.

You can use news as the only indicator and that won't hurt you, based on my view this news based trading has accuracy as high as 90% and as low as 60% so far calculated from my 3 months trading, it is around 72% with true prediction while the rest is having different reaction than what i expect.

News trading when you quite understand it is something that you can have some high degree of accuracy. It is also important that the person who is trading the news should put more of the focus on his ability to even understand the news much more before depending on it.

These days, there are some traders who are just not too confident in making use of payment processors. These category of traders choose one thing that is obvious and that is the fact that they make use of the brokers' cards and this way, they make all their withdrawals and deposits from within without having any issue with payment systems. In this case, brokers make money from the fees they charge them.

Admin is paying late, it is not like the other but so far it is the second fastest forum compared to the other forums. DCP still popular up to now because of threads that talk about Forex it is not like others which is more diverse. Overall still a good forum but not spectacular.

Also, for the fact that DCP parent forum advertise stuffs like the bonuses being offered by certain brokers makes it such where there would always be so many visitors to the forum and the parent site. It is one of the best places you kind find such bonuses offered by brokers.

Is this problem coming from my own end alone or is it a general problem. I discovered I can't load MTW from here. All attemots to do so is saying the page wasn't found. Is there any other person experiencing the same issue?

@sidejob, it is a legal investment but some time ago, I learnt some countries are against this thing and it is not right for their own citizen to partake in it. I also learnt some countries block accessing some brokers or all brokers which are not their own broker and this thing seems to affect those that want to trade from that particular country too.

I think Japan is one of those countries that somehow, are not free with their citizens who are Forex traders. That doesn't mean there ain't those from that part of the word who are actively involved in the business but may not be compared with those from other parts of the world who are so much involved in it.

The platform for trading may not even be the reason for profit or loss. It is the base of knowledge the person has that matters more and that is the main reason he makes profit or loss. There are those who feel that for the fact that they are trading on PC is more than enough reason for them to make profit. This is particularly wrong and it is one thing that leads others to losses.

Stop loss is imortant for all traders and it is also important for all forms of strategy. It is though an auto trading even though there are so many traders who would prefer not to even have it in their trade. I think most times, the problem with most traders is the fact that they find it difficult to set it right and that is where they usually find it difficult to make things work for them too.

It is good doing good business and Forex business is one good business we can also do. In other to make this thing count, we should be able to know how we can best trade in the business and how we can also know how best to make it work. Profiting is possible here and making good profit is what we can also get provided that we have that ability to work hard and prove our point.

It is also good when we don't see Forex as that thing that meets all our needs because there are times it doesn't. I am not trying to be pessimistic  here but having lost a lot from it when I thought I have even made it, I think I've got some degree of knowledge about it and I also think I have some reasons to say that Forex isn't all that we think it is.

For a profitable forex then we can start from a demo account, with a demo account that will allow us to trade with the maximum. Therefore we should be able to use a demo account well, so that will allow us to trade with the maximum and comfortable because we already have a good trading skills

Most times, I am always skeptical about the issue with the Demo account when it comes to relating it to a profitable rading. That is because emotion is one thing that also plays a big roile in the success of any trader and there are those who are simply good when it comes to the Demo account but once they find themselves in the real account, they tend to fail.

In my view the secret to success in Forex is simple and that’s to focus on trading on merit, if we try too many things that too unnecessarily then we will only find it becoming harder, hence better to put our mind and heart into trading with analysis instead of imagination. I find myself extremely lucky that I work with OctaFX broker especially due to their cTrader platform; it’s amazing with upgraded features and facilities which mean I can analysis so much better!

Focus is important but lacking in most traders who are new. It also has more to do with patience because a lot of them are lacking in patience. As a matter of fact, they find it so hard to remain focused in what they should achieve and their main reason for failure is the fact that they can't see Forex as something the can start erning from after they have spent more quality time in learning.

The degree of knowledge is what plays more role than when one started trading. Those who took most of their time in learning how to trade will be the ones that will be more knowledgeable and the ones that will get the best so far as Forex is concerned. Those who lack what knowledge takes to be will definitely find it difficult making anything good from the market.

Forex is a business of knowledge and I really doubt if anyone will be successful without hard work. You need to know what you are doing well enough to get the best from it and you also need to understand the best way to handle it in other to make the best from the market. Hrad work comes from knowledge and focus because understanding yourself is also of paramount importance.

Scalping is one of the technique that has been used by a lot of traders. This technique emphasizing on a trader's agaility when execute the position which already opened. Aside from that risk reward ratio that scalp has is not balanced, which may bring bigger threat in future for each traders who use it. Scalping is good for trader who has advanced skills.

Sure, it is simply one of the techniques of trading the same way we can say that long term trading is. As a matter of fact, scalping is a system of trading that is preferred by some people as it doesn't allow them stay in the market for a very long period of time. It is something that also requires some degree of knowledge for one to be seen as a scalper.

does it really happen like you get taxed for loses? OMFG!! seriously, though to be honest, and its kinda bad and not, I dont pay any taxes for forex earnings, i get them as intl remittances.. the only fee i pay is 4 dollars transfer fee and some lose from really bad exchange rates all thanks to them hungry fat rich banks.  

It depends on country man. There are certain countries where you get to pay tax no matter the kinda business you ar doing and it's non of their when you are trading in Forex which everyone knows is a risky business. If you are a member of such country, be it resident or citizen, the same obligation is what you will be charged for.

@gaban Nope it is you as trader who will allow yourself to trade with the maximum. I know that we need capital but it is useless with trader who cannot make even single worthy profit. I think you should keep focusing yourself rather than wanting to get more bonus from broker, i bet that worth it!

That is right and that is also why it is right for one not to even waste the bonus. Bonuses are meant to kickstart the trader's trading career but there are so many traders who misuse that opportunity and they end up in huge losses at the end of the day. Some are even less concerned about how they can manage their trades in other to make something from it.

I believe some may have heard about Forex from ads. I also think that these days, Forex has gone viral that virtually everyone knows a bit of t and in my country, the training and advertisement for training has gone so wild that it is even published in the dailies and there are a lot of people who develop more interest in it as the days role by.

The issue of Demo and real account is a matter of knowuing what Forex presents. To a great extent, someone who wants to trade in Forex without being able to differentiate what is a practicing account and the actual earning account is like he is even wasting his precious time because you need to know and understand what you are about to face.