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myregister
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Everything posted by myregister
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1 year SSL protection, dedicated server and also nice template/script. I think those all gives nice clue if this program seems worthed for a while. All mid-term plans interest rate is nice enough and we can do compound here too.
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Nice this program has SSL that increase security and overall trust from investors, even i must admit the script is a bit off. Assuming that the default template use russian even you can switch to english means that admin probably a russian. I predict this forum won't stay long and seems has lower life time because of hourly plan which is totally unstable.
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NO SSL also based on the statistic it seems that admin has around $20,000 and already paid around $3,300. Well it seems admin already in profit but this program has been around 2 days, so i think around 2 days more is the longest time for this program because of its short term plans.
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That's depend on the situation, trade in friday if there is no big impact news such as NFP or CPI or Retail Sales then i wouldn't trade during that time. Since i am full news traders i will only trade during high impact news only no matter what is that day.
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Whats your Forex trading goal.
myregister replied to PROPENSITY100's topic in Forex General Discussion
My goal? For sure to make more profit, and in the end create more chance for me to be a better trader. As long as i can make profit in forex i think that is enough for me. I am sure that most traders goal in forex is to make a lot of profit. -
Bonus fund from our posts or from our deposit? There are some brokers that only offers bonus from our deposit not posts. I would be glad to accept a broker that offers whether Bonus from deposit or posts in paid forum, but as long as that broker is really regulated then i don't have any problem with it.
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Exactly like this, many traders does not know how to solve this issues. Most of them only want to make profit, without knowing the process before make that profits. Since this business totally has risk, traders must be cautios with all that could happen and preparing for the worst is one of the good kind of risk management.
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Luck or knowledge? Well, i prefer knowledge over luck, also experience over luck. I am sure that traders become successful not just because of luck but also what they have inside. Their skills which coming from their knowledge and experience that blended as the time goes on sharpen it.
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How to start trading without investment?
myregister replied to riad99's topic in Forex General Discussion
Join a broker that offer bonus, i mean the deposit bonus where you can trade that bonus and withdraw the profit. There are a lot of brokers that we already know which do something like that. Most of them offers low minimum deposit and also become flexible for their own client. -
That is only your own subjective criteria. FXDD does not have any kind of forum like that which giving you bonus or something like that. I still trade in FXDD because of its good regulation from CFTC and FCA. One of the main point here that they're also does not against their trader.
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Are you satisfied with your broker?
myregister replied to mang_ncep's topic in Forex General Discussion
100% satisfied with the broker that i am using right now, based on my own observation their good services and also their independence even still under big company still make me love it. The spreads are normal in my broker and also the deposit and withdrawal is fast. -
Agree with all traders here, demo account is one of the best start for new traders here. Traders tend to do that because in demo account there is no risk, we can trade all we want since all here are virtual things, making mistakes is okay as a good lesson for us in our forex career.
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For newbie yes mini account is the best account that they could try, but for experienced traders that already feel like what is forex and understand about it lot will consider mini account. I advice mini account because it offers lower lot size and it is affordable for newbie who just started this kind of business. It would be good for them to trade there since i am sure newbie sometimes created big mistakes.
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Are you speculator? Do you think speculator/traders only you and me? There are a lot of people out there that trade also or i can say speculate. They speculate and win, some of even most loss. But in other time it will be change, in fact it does not change someone loss while we earn money, or we loss and those big instuition make more bucks into their pocket.
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Is it advisable to trade on all currency pair as a newbie?
myregister replied to flybiz08's topic in Forex Newbies
I also agree with you, doing some kind of thing like that never a good options for young traders. Also it will diversify their own thought to something bad, they cannot focused theirselves and lead to more losses. -
Without leverage trading in forex and other type of margin trading will be so hard. In these days with only hundred dollars we can grab hundred thousand dollars. This is simply borrowing but this is also a new thing to create a new atmosphere for forex trading.
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AFAIK, Newbie has around 2 common mistakes that they always made. First lack of knowledge, with thinking forex is easy just by sell high and buy low. Beneath of forex itself are complex. Second, can't control emotion, when become fear they closed faster, or when greed overcome them trying to open more position and more than they can handle.
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Is it advisable to trade on all currency pair as a newbie?
myregister replied to flybiz08's topic in Forex Newbies
I don't think that is a good idea to trade all of your currencies It is better for us to keep focus at one or two at most currency pairs. As the currency pairs that we must focused increasing then it means more complexity will exist for us. -
If you really want to get money from forex, then with that much $3000 i mean it is enough, i can forecast that with a proper risk management and proper skills you can earn around $70-$150 per month with that much money. Only if you can be strict to yourselves.
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Seems right but i wonder if the other traders that we trade with feeling loss, there are someone who willingly to buy one currency with the bigger price because they are really in need. So i think that earn when someone loss still valid but maybe for someone who mistakenly placed their positions and loss the money.
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Forex is one type of business that has risk like you said, but it is also has not just simple risk, this business is high risk business,with higher chance to loss or got a profit. Since it is risky what do you need is to control risk and i agree with your statement, cool mind also help us to think clearly so it will avoid more losses.
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Since my broker does not giving something like bonus to traders for their posts, i think i don't need it. It could be better if there is a bonus but i wondering where is the money that broker get to paid their traders?. This is hard to know and maybe they are just playing with system if they offer bonus like that.
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There are a lot of brokers for Asian, one of the example is like what do you said. Other example is IronFX for sure, and then FBS, after that Interactive Brokers or Dukascopy. Mostly asian countries accepted in those brokers, and as far as i know it has good services. I personally traded in FXDD.
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Are you a long term or short term trader
myregister replied to euro's topic in Forex General Discussion
Both still profitable dude, i have been traded with both ways. It is all about preferences i think. Like me i prefer short term trading, since i see that my position always be closed up to around 30 hours after i opened it. Usually around the range of 1-5 hours. -
Academy? Seems good way to get more knowledge. I bet you can find something better there compared to learn by yourselves. One thing that you should consider is the value of knowledge you got there and how much money you spend, it must be at least equal, not less or more.