venkateshfx

Is there anyone in this forum... help me, please.

Yogesh:

You need not worry and continue posting till you follow forum rules, you can discuss in any threads of your interest.

While looking at the link you posted i noticed that you talked about fbs in that thread, there is a thread for that broker any discussion related to that broker should be in that thread only. Further ensure that you dont copy paste information from other sites but the post you make should be original.

As i am a beginner, i just spend all my free times in demo trading. Reading charts is very important for beginners to get adapt to market conditions. I may spend 4-5hours per day and 10hours in weekends. We are supposed to do hard work to manage the risks in Forex trading.

I would like to share with you information about the common mistakes a trader should avoid when getting started in forex trading. This is a list of common forex trading mistakes.

 

1. Using Too Much Leverage

One of the biggest advantages of forex trading is the ability to use leverage or trading on margin. One of the most common mistakes that forex traders make is using too much leverage. Using too much leverage is when you have a small account balance, but make a big trade. If the market moves against your position by just a small amount, it can result in large losses. Commonly, the beginning forex trader will get emotional and nervous and close the trade for a sizable loss.

 

2. Over Trading

Over Trading occurs when traders try to look for trading opportunities that are not really there. It happens to new traders very often, because they just want to trade. The result is usually a poorly executed trade that results in an eventual loss. Over trading can also result in traders making too many trades at once and using too much margin.

 

3. Picking Tops and Bottoms

Many new traders attempt to try to pinpoint where a currency pair will turn around and start moving the opposite direction. This is something that is difficult even for professional traders.

1. Yes, i agree with that. If we use high leverage, then we may get a chance to lose our funds easily. High leverage leads a way to high lose, to avoid this disadvantage, we may use money management plans to avoid loses. and also to avoid stop outs.

2. Overtrading is problem for newbies that they may lose the profits of previous order and even may lose the initial funds too.

Lack of knowledge and experience is also the problem for loses.

There are many brokers offering low spread in major pairs. But, all brokers are not trusted one and are not non dealing desk brokers. According to my personal experience, you can trade with exness broker with very tight spread. They offer low spread by providing 5 digit quotes.

Forex means Foreign exchange. Forex trading means, traders will trade in pairs which will decide the exchange prices. The pairs are 2 currency where we need to exchange the currency. There are too many banks using Exchange prices from This market. We can earn unlimited money from this market by investing some funds.

Hi..

I request moderators to check this thread http://www.digitalmoneytalk.com/topic/10416-my-trading-journals/page__p__116723#entry116723

Can i continue posting in this forum, or please delete the unnecessary posts and the posts that don't meet requirements. So, that i can request for payment with dmt point without any warning, after posting.

Sorry to bother moderators.

I am newbie in this forum.

Thank you much..

hi friends. I miss this forum for a long time. Now, i am back. And i like to join in the discussions to earn. By the way, my assets are disabled, i don't know why. Anyhow, what is the way to enable it. and also i can able to see that there is $42 in my asset. I need to increase this by again discussing.

Thank you.

Reply by yogesh

I can see you have 52DMT points the increase is only possible when you are earning points for your posts. So the only way to increase DMT points is to post in paid sections.Of course there are some sections that are free and you dont get points to post there.

Predict NFP

 

Its really nice of this. Please post here the details of this contest. I am like to know this in detail here.[/center]

We invite you to take part in analytical predictions “Predict Nonfarm Payrolls” contest .

It’s so simple: write your guess for the non-farm payrolls, which will be published at 12:30 GMT 02.09.11. First one to use the right number or the closest one will be the winner of the contest.

Duplicate entries will be disqualified.

Enter your guess here: http://www.facebook.com/topic.php?uid=137183862987521&topic=537

You may find some tips in our economic calendar: http://www.fbs.com/analytics/economic_calendar

Your guesses are accepted till 8:30 GMT 02.09.11.

Winner will receive a brand T-shirt from the brokerage company FBS.

Good luck!

Note:

Nonfarm Payrolls - is an influential statistic and economic indicator released as part of a comprehensive report on the state of the labor market.

Country: USA

Description: The Nonfarm Payrolls measures the change in the number of employed people during the last month of all non-farming businesses. The total non-farm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States.

It is the single most important piece of data contained in the employment report, which considered to offer the best overview of the economy.

The monthly changes and the revisions in payrolls can be quite volatile.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Periodicity of release: monthly, on the first Friday of the month at 12:30 GMT.

Source: Bureau of Labor Statistics, U.S. Department of Labor.

Predict NFP »»»»»»» win Super prize from FBS!!!

 

 

Dear clients!

 

Take part in “Predict NFP” contest, guess the non-farm payrolls indicator, which will be published at 12:30 GMT 02.09.11, and win an exclusive and stylish T-shirt from FBS!

First one to post the right number or the closest one will be the winner of the contest and get an exclusive T-shirt from FBS.

T-Shirt from FBS

 

You may enter your guesses till 8:30 GMT 02.09.11 in the special topic of our group in Facebook http://www.facebook....87521&topic=537

We wish all the participants Good Luck!

 

Contest rules: http://www.fbs.com/contest/nfp

 

You may find some tips in our economic calendar: http://www.fbs.com/a...onomic_calendar

 

 

Its really nice of this. Please post here the details of this contest. I am like to know this in detail here.

I have been trading in fbs from last few days and i found that FBS have fast execution, fast withdraw and good live support help. Instant deposit. SOmetimes spread is just 1 pips in all the famous pair.

And one more thing that this broker have good bonus system onn deposit and 5$ bonus on welcome bonus

Yes, fbs always providing speed servers. They also give 25% deposit bonus. 5$ bonus is for very newbie to know about trading with real money.