Norm O'Neill

The biggest reason why I do trading is chance of making profits are highest when compared to any other business. I have been doing it since last 3-4 years and it has been really rewarding for me, the best part I consider with this business is the complete freedom that I get. I am able to do work here any time of the day I want, I can do it from any place (mobile platform) while I can start with as low as 5 dollars with OctaFX broker, so that is another massive advantage and makes me feel entirely comfortable at the job and so far I have been able to make profits regularly without any trouble or difficulty at all.

At the moment I am making fair bit of profits with Fundamental analysis and this is all to do with OctaFX broker’s expertise since they have complete setup for providing us with daily market news and analysis service, it is not just provided by highly qualified team of experts, but it is proven as well, at least for me since I have been following it since past 5-6 months, so far I have gained over 80% results which is unbelievable, but I am obviously trying to get better and better which is why I am focusing on learning technical part as well where too they are guiding me, so this way my profit ratio is just growing day by day!

I believe money management is definitely crucial but stop loss is something like jackpot for us because this is how we can fixed a figure to lose while we can open gates to unlimited prizes, but of course this is all to be done wisely and only then we will do well. I don’t think putting random stop losses is anything to be really happy about because that is not the reason stop loss is created for and will not reward us much. I always use strict stop loss with doing proper analysis, I use various indicators like MA and BB while i also check daily market news and analysis with OctaFX broker, and it really helps to get the right stop loss.

In early part of our career, it will be a mistake to do compounding especially if we are aggressive or only prefer scalping, but once we get use to things and mostly do long term trading then compounding becomes very important, but again this has to be done through right broker or else it will be really mess. I am lucky enough with OctaFX broker since they are well trusted and making investment with them is ever great due to their 50% bonus on deposit offer, so even compounding with them is ever so much beneficial while we can easily make withdrawal whenever we wish to due to their instant service where all money transactions are proceed instantly no matter what amount.

There might be many ways in Forex for one to succeed, but I believe the easiest way is through knowledge and experience. It is also important that we learn to execute properly because that plays equally important role in helping us make profits and that too consistently. If we lack knowledge or experience then we will only find it harder to do. I trade with OctaFX broker and with them, I am able to work very well especially with their low spreads which is just 0.2 pips while there is also high leverage up to 1.500, it really makes trading easy and simple to work with for everyone especially newbies which help me with the performance and allows me to be successful.

Forex is a great business and the only reason we do business is to make money and that’s exactly what I do this for. It is not easy since we are required to make investment and if we do it correctly then we can make it big, but if our investment is not right then we will face difficulties. Now investment is crucial especially with right broker or else we could face trouble. I am lucky to work with OctaFX and with them, I am able to work so well due to their 50% bonus on all investment, it is another reason why I join this business since even with low investment, I am in good shape to pull of great profits consistently.

It is completely dependent on your own range; I mean for you 300 USD/EURO might be less but it is massive figure for most. I am working with OctaFX broker where minimum is just 5 dollars and that means we can start easily and not just that, but we also get massive 50% bonus on deposit which is completely trade able and that’s the real way we get comfortable. I am using their prestigious ECN account and that has really made trading easy for me given there are no re-quotes or delay which automatically helps with the performance and allows me to succeed, so that’s why it is all so good and always help me with my performance in a really big way.

That is very true that Forex is open field for all, but the survivals are far and few, this is because of over-expectations that we get into and when we are not able to achieve it quickly, we obviously feel the pinch and then in trying to up the ante which eventually leads into losing. I always like to balance out my expectation with reality, as I know it very well that it won’t matter how much we expect, if we don’t have the skills then we won’t be able to reach even 1% to that, it is where we need to be wise. I am not exactly the wisest around, but with OctaFX brokers support especially through swap free account like features, it helps a lot.

I hate brokers with having huge minimum to starting, as that never makes me feel happy because the risk is simply too high then and with one bad day, it might out us out of trading completely, so that’s why I fancy brokers like OctaFX which is very high on quality and reputation yet the minimum they offer is the lowest as it gets since it is just 5 dollars and surely that’s something all can afford easily. I love to do scalping with them given that I could start with low investment and there is no fear of losing it while if I win, it will be 2-3 times to the initial capital which honestly is all we can look for.

Yeah if we want to be really good in Forex and make this as long term business then compounding is the key requirement and almost necessary, but if we are not good in compounding then we are most likely to struggle at least to make higher profits. I won’t say to compound 100%, as that is something not sensible. I recommend compounding somewhere between 35-40% and rest we can keep, as compounding is connected directly to control of emotions, if we have control then higher compounding is okay, I get great benefits with 50% bonus by my broker OctaFX, as this is trade able which makes it extra-special and it is so much fun to trade with extra capital that we don’t have to fear about losing at all.

We humans have got such amazing power that we are never required to worry about anything, as we can adapt to any situation. It is obvious that in a business like Forex we don’t have too much time to adapt, so if we want to do it then we need to get it done in very fast way or else we might lose out. I don’t think I can ever get rid of emotion completely, but what I believe is that I can definitely get it under control and this is with regular practice, it is easily do able for me with OctaFX brokers attractive Champion demo contest, it is extra-ordinary with having 1000 USD prize, so that helps a lot in controlling emotions.

New York or London are something that many people like trading on, but of course if one is skillful enough then time is just another thing, as it won’t really make huge difference. I am quite satisfied with trading on any time because of my simple and straight forward strategy which strongly revolves around money management and that’s seriously helped by OctaFX broker, as they got sensational 50% bonus available on deposit and it’s completely trade able, so that’s helpful for my plans and even their daily market news and analysis service further strengthens my strategy which is simply to follow the trend and that allows me to make profits consistently and can be easily worked out on any given time or session.

I think we got to realized that we make profits with both of them, so we should never go with one way, it should be taking both with us, as that is how we are going to be successful, if we go with one way road then more than likely we are going to lose out, so just to avoid such stuff we need to be strong in both ways to get anywhere near success. I am trading with OctaFX broker where I don’t need to worry about neither of them and this is all thanks to their daily market updates which covers the fundamental part while there is terrific cTrader platform that does the job as far technical part is concerned, so that’s really ideal.

Hello, i am in deep trouble with my present debts, i need advice on which IVA company i should go with?

Yeah the biggest connection is luck between Forex and gambling, so some people who are not educated and get success consider it like gambling since they got results because of their good luck, but this element is only because of people’s lack of knowledge and experience, but if we fill this gap then it’s pure business. The worst part is that only mate that luck is not on our side all the time and when it’s not most newbies destroys their whole capital. I will accept that I am not great in analyzing, but I do follow the forecast given by OctaFX broker that I am working at, so that is something enough to get proper idea for trades for all major pairs.

One year is long time dude, I don’t really back myself to be patient till that long and as you said demo is not always going to reflect the exact thing when you start on real, so we should just try to gain basis knowledge and bit experience, but don’t need to get stuck down with it for long time like one year. How long did you worked on demo account? I just tried it for first1 month, as I was learning from Baby Pips, so I was just checking all their lesson, but after that I switched to demo contests which was similar to giving me practice, but at least there was chance to win something and with OctaFX broker’s cTrader I can participate every week and give a shoot to 400 dollar prize.

The key figure in Forex success is financial power and this is what OctaFX broker is providing us with; it’s simply phenomenal company to be working with. I have done trading with several brokers promising such facilities and offers, but what they lack were accuracy and the extra edge one can find here and that’s what makes them so good and better than others. I have been using this service for last 6 months at least and I must say it has made things so good for me, as now I don’t need to gamble to make quick profits since this is so accurate that profits keep on rolling consistently which makes me relax and not required to attempt anything silly.

It is dependent on what amount I am willing to put in, if I am investing above 10k then I will go with electronic method of deposit since that’s easy and secure, but if I am investing below that mark then I prefer to go with Money Booker or any other payment processor as that’s the best choice one can take, but we definitely need to be pretty careful in how we are approaching things for deposit, as not been comfortable can also have effects on trading. I prefer MB for this reason only, it’s highly reliable plus with OctaFX broker, it is even better due to their service where I get all transaction of money instantly, so that’s another reason why I select that.

Yes I have bonus as my first requirement because this helps me making good profits and if there is no bonus it will be too much tension. I don’t like bonuses where there is 100 or 200 percent given because that bonus is not use able and whenever I get into trouble the bonus stays untroubled and the real balance goes to zero, so this means no benefit for me. I like bonus that I am getting currently with OctaFX broker, it is opposite to what I said above because this is a useable bonus and whenever I find myself in trouble I am able to use it till last penny, so in reality this is a type of bonus that becomes very much part of my actual investment.

It depends with which broker we are working with, I feel 100% secure with OctaFX broker, it’s an regulated company with pretty well built reputation plus have incredible transaction system which allows all my payments to be proceed instantly which is why I trust this so much and I strongly believe that if we are to be successful in this giant business like Forex trading than feeling comfortable is absolutely necessary and only then we will see our performance growing.

I think the most likely mistake traders are going to make is over-trading or using higher lot size, it is something that very few are capable of keeping in control and the ones who are able to do this is one which are successful. I am lucky that I work with OctaFX broker which helps me getting control over these things with their ideal conditions which includes low spread of 0.2 pips, high leverage up to 1.500 plus much more.

There are 2 issues with people doing that. Firstly they don’t have time in honest way while 2nd are types which are happy wasting time on social sites, but for learning they don’t have time. I believe auto trade is good for first option due to their genuine problem, but for people who are on purpose not willing to learn is not going to succeed. I use manual trading which is easier and more beneficial for me due to help by OctaFX broker with their low spread of 0.2 pips.

Earning money is probably the world’s toughest thing to do, but in Forex it’s easy if we have knowledge and experience, it can also be good with some luck in our favor, but to be actually earning well we need the above mention things. I have strong knowledge that I have got from Babypips while experience is not possible without trading and I feel extremely bored on demo account, thus I prefer to go with OctaFX broker’s cTrader contest with 400 USD for gaining experience.

There are plenty of things that I dislike, but the biggest of them all is losing which obviously is what everyone hates too. I am using OctaFX broker which has all plans to kill my disliking and that’s thanks to their perfect features which includes daily market updates for all currency pairs, commodities, indices and much more without even charging a penny and it’s so accurate and reliable that we never have to worry about anything, so that really helps me avoid losing!

It’s the best thing if any new comer is able to do it, but it takes a lot of experience and maturity to do this and very few I have seen are able to do it. I am lucky that I am myself one of them who is able to do it and I won’t say that it’s only due to my effort, but it’s more to do with my broker OctaFX, it’s a pretty lovely company with having all top benefits especially with their rebate program where I am able to earn 15 dollars per lot, so that helps a lot.