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myregister
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Everything posted by myregister
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Forex trade is not for everyone.
myregister replied to showrov1993's topic in Forex General Discussion
You talk the truth there, i also think that forex isn't for everyone, but the reality is different in my country many people want to be rich and think forex is the only way or one of the way for them, this is quite frustating because many of them come out later saying forex is basically a scam product which is not. -
So basically we can say that a scalper should train first if they are novice traders? Well that is a good idea and i don't believe even newbie can make profit with long term trading just in few trial, there must be some errors that even they cannot bear, and thanks to scalping which requires low amount of pips, i think they can learn this strategy faster.
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Their centralized exchange which make them lack of liquidity compared to FX which is more global and more decentralized than ever. Anyway foreign exchange offers more trading hours and this is very good for someone who don't have much time to trade because they can spare some of their time.
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Usually forex robot just works and even use some unorthodox way to grab more profit, well this is just the other cases while the other one are people suffering from choose the wrong robot and activate it in the wrong time. Usually robot vendors tell the best time to activate that forex robot.
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Futures Versus Forex (Foreign Exchange Market)
myregister replied to abdulla1's topic in Forex Articles
Sure it is like forex but it doesn't trade the currency just commodity. I think it is more challenging to me but i will try later, maybe for future spot and not its forward type. Futures also offers commodity which is important for the world and the way we analyze the market would be different. -
Yes, never mix your emotion with the others but i don't recommend like what you said, ELIMINATE? that is nonsense buddy since you derive by emotion the best course you can do of course by controlling your own emotion. Separate it from your trading and control it,it is like controlling beast if we want to use parable.
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Forex forum Do you think forex forums can improve my trading skills?
myregister replied to flybiz08's topic in Forex Newbies
See, forex forum is the place where you get knowledge, and if you want to seek the truth behind that knowledge in demo account you can get experience so with this experience you might be able ascend to the higher level and become a better trader, as for sponsored forex forum it will give you money for trading.- 456 replies
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- importances
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Well thanks for the reminder, but for me low impact has lesser impact it just has impact which is not as big as high impact news, and even it can compete with high impact news it is just happen rarely, maybe thrice in 1 year? But if that is medium impact i could count on it.
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Forex forum Do you think forex forums can improve my trading skills?
myregister replied to flybiz08's topic in Forex Newbies
See, in the end it is all about knowledge that we get in forum, if you want to apply that knowledge or to seek the truth behind those posts in forex forums then you can get experience which will help you to create better strategy, and also rise you to the next level, but sponsored forums offer more than that since it has bonus too LOL- 456 replies
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- importances
- added advantage
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It doesn't matter because in the end it is all about profit and robot nowadays works well and its repetitive skills more than what human can do and it can process the trading way faster compared to human/manual trading. It also has risk management so it is more like human trading without emotion, but with lesser flexibility.
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The current condition is fine, no one complains yet first thanks to its new age, and also it has quite reasonable ROI so in this early stage we won't find much complains or even some segregation. Combined with licensed script, SSL and DDoS protection this program may able to sustain around 1-3 months.
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Lower ROI makes this program able to sustain itself, not to mention it has SSL encryption and DDoS protection plus its licensed script. Webmoney also accepted here become a new news to me since this one rarely into HYIP. So far i don't see any problem yet, with all thing profitflower has it might be able to stand longer.
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Even though this program offers quite high ROI rate which make it more unstable program but with SSL encryption and DDoS protection i think it may sustain for longer lifetime. At the moment investment which has been made is still low compared to the other similiar program so the risk is low.
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Low ROI rate, licensed script, SSL encryption and DDoS protection but it still lack more support from HYIP monitors. I think with 2.5% daily this program seems will make more lifetime compared to program like short or hourly investment program. This program is quite new so you won't have much issues at the moment.
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Hourly investment program and i can say unstable program, it seems this program won't sustain for longer time. But be wary anytime this program could scam sooner. There is no SSL and DDoS protection make this program seems like a cheap program to me.
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Forex news is very important for trader or not????
myregister replied to showrov1993's topic in Forex General Discussion
True sidejob, forex news is very important and the great aspect that makes forex market keeps moving, I think that is important and it is not just mere fact but the real fact. As long as news exist people will influence by it and will move to make a decision from that. -
Isn't really hard? Are you kidding me, especially if you switch from one paradigm to the other like switch from MQL4 to MQL5. MQL5 is also one of the best programming language upgrade but it lack many things such as backward support, since migration doesn't happen one night and to attract more people of course backward support needed.
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I make profit and loss mostly from fundamental analysis, since i think that is more suitable for me and doesn't need much work compared to the other such as technical analysis, also i see the market of forex is decentralized so doing analysis on candle isn't really option for me again, and 90% market movement is because of news.
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Demo vs Real trading for sure no one will win because each has it own purpose, for example demo account where you can trade without any loss, good for training or doing some kind of experiment, while real trading is the real place where someone can earn and where trader can reflect the reality of forex market.
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How much to invest in PAMM account
myregister replied to TenkoFx's topic in Forex General Discussion
I bet it should be at around 10 thousand USD, well not that much for some people there are pamm manager who offers lower than that like hundred dollars or even few dollars for investment which i think doesn't make sense at all. PAMM account will works well with bigger investment and make sure to choose a right pamm manager. -
How to Start Profitable Forex Trading
myregister replied to ellliottt's topic in Forex General Discussion
To start a profitable forex trading , you must know how to manage the risk. Well this is important and as you know many traders tend to fall in this case because they don't know about it. With that solved the next step you need to do of course search the most suitable and profitable strategy, it is either using technical/fundamental/sentiment analysis. -
That illegal source should be ban and that is the task of government, they need to know which gangster or mafia that do that or they(government) can tackle those bad guys so there are less or no illegal source of income which could be a big potential for money laundering that makes government in loss.
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Forex now is one of the Online Business
myregister replied to luke1's topic in Forex General Discussion
It is limited to be exact, but yeah not as online as today where people from Nigeria can trade with people from China just in few seconds. If we included internet forex has been around since early 2000 and keep progressing and attract attention from people around the world and become popular like now. -
Couldn't agree more with you, gaban. Want to get big, then be ready for risking bigger amount of money if you cannot then just develop step by step. Since it is risky then you should be careful and also take a risk only in the right time and don't force yourselves.