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jamante

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Everything posted by jamante

  1. forget about forex being easy coz its not, your goal should be being consistent and thats the hard part, i have traded years with hotforex and i still think im far from being consistent, i do earn yes but i find my self lacking..
  2. i trade fx for these reasons 1. im sick of my day job that generates half wht i make in forex 2. id love to have more time to do more things, we only live once and i wouldnt want to waste it making some one elses dream come true 3. very accessible and you are the king of your time.
  3. I trade both hotforex and lmfx. i used to use payoneer at hotforex till the service was not available anymore then moved back to skrill, and thats what im using for both brokers for both withdrawal and deposits, its easier and less hassle, i comes with fees yes and i can say the conversion of USD to local currency is low but its less time consuming.
  4. some think its no worthy while others do, i mean it works both ways, lately im trying to do trades with no SL or TP its risky but it has its perks, on the other hand most my trades are pre determined parameters and i stick to it no matter the out comes, having no sl or TP can be disastrous especially if one cant keep an eye on the trade all the time, but so far trades are doing good on my hotforex account, no complaints, for newbies i would say stick to your SL and TP.
  5. I dont know much about stock and from the talkes of it locally i think it can really manipulative and complicated, thats why im in forex, but on the other hand im keeping my options open for the future, who knows i might just venture into local stocks someday, but for now my trades are good at hotforex, i even have another acount with a different broker lmfx both are ok.
  6. ill be having another withdrawal within the week its pure profit, ill keep updates, im using skrill as well..
  7. currently in my lmfx account i only make a couple of trades a week, mostly swings, and there are days that i actually avoid the market especially if uncertain.
  8. yeah this i have to agree with if the amounts are large it would be better to contact the broker first make sure and clear of certain things. you know just to be on e the safe side though there are no indications of such foul play at all, i mean my account is decent and doing well.
  9. yeah thats usually how it is, im not sure for bank wire though, and best option is to ask support, and now a days most traders actually use skrill.
  10. account types are currenex, fixed spreads, zeron spreads, and regular premium accounts, and there are the VIP account (min is 10k right now) and micro accounts. but you can check it at their website hotforex.com best of luck
  11. btw whats the limit for CC deposits per day or per transaction if you dont mind me asking?
  12. yup there are good sites, now brokers are moving to webinars which is good for one on one detailed explanations and theoreticals, and experience of course, over time, one generates techniques that actually work. the forex trading world is a never ending learning process
  13. fixed spreads on EURUSD is 1.8 if im not mistaken, its decent though neverthe less.
  14. great update and good news, not a bad start for this year, congratulations hotforex
  15. hotforex is a good broker and there is LMFX another good broker i think accept us traders but ask their support first.
  16. forex aint easy, and huge earnings should not be the concern of any newbie, one should start forex focusing on gaining the basics then trying to maintain a winning streak no matter how small the earnings are. let the huge profits for the right time.
  17. it should be shown by the end of january, expect it on the last week.
  18. I have to check it out, though im not much of a web trader, but its a good upgrade since its from meta quotes
  19. nah, it means, all success goes through some loses, there is no trader or successful trader today that hasnt lost big at one point. its true, even now we still face some lossing trades, we deal with it we move on!
  20. nice to see an official rep active in the forums, little do brokers now a days do that, btw is there any chance other payment processors would be added like payoneer, though i dont mind skrill but most my transactions are done on payoneer thanks.
  21. yes the bigger the fund the smaler the leverage, but some people would max that out with the money that they have, I have seem some crazy traders that makes me wounder what the traders were thinking at that time. loosing 5-6 digits in a matter of hours.
  22. majors have the most amount of information which makes them the best option for any newbie, unless you are fixated on trading some markets or pairs that are a bit extic, then one has to allot some decent time to learn that market and masster it, i know of traders that make it big from trading exotics, but i stick to gold and oil trading and our favorite the EURUSD on hotforex
  23. if a trader is new to forex trading, leverage would be the least of his concernts, one should maintain a leverage or lower than 1:500 at start, just play with it learn the trade, the tricks and the techniques, never rush with forex, i have seen people burn money, like wild forest fires, its a waste. keep it contained at firest and increase gradually, I started with a micro account at hotforex with a leverage of 1:500, but decided as the account grew to lower the risk of each trade and the leverage.
  24. yes i believe we can,here is a link, you should be logged in to myhotforex to view it under past webinars! its all there https://www.hotforex.com/en/trading-tools/past-webinars.html
  25. i trade forex but do maintain a day job, it helps, one couping up with the other, but my ultimate goal is one day the funds all comes from forex trading, but im still a long way from that even though i have been trading since 2010-2011
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