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tirus
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Everything posted by tirus
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Importance of Demo Account/virtual account in Forex
tirus replied to abdulla1's topic in Forex Newbies
This is a stepping stone and must not be compromised because one is in a hurry to get into trading in the real account. Yes, you can get the feel of the real account if you want while you are still learning but the point is to use the demo account to build up skills and a trading strategy that you can use when you make the switch.- 751 replies
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- forex virtual account
- forex demo account
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For me now I would not consider going into forex on a fulltime basis because I still enjoy getting other revenue streams that make good earnings for me and leaving that at the moment for trading fulltime may not be the best for me at this stage because of my trading experience.
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We also have to look at the surroundings that we are trading in. I know trading is not a formal thing that requires you to be in an enclosed area but one must be able to concentrate while doing analysis or placing trades. That said there are areas that it would not be advisable to trade in which may render the mobile irrelevant at that point.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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I dont see why using money that was meant for household expenses or something important in order to trade would be a good idea. As mentioned, there are better ways like in forums where you can accumulate bonuses that you can use to trade with and get the experience of the real account.
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You have put it well in saying that in gambling you rarely learn something that would be useful to you next time when you are gabling. In forex its the exact difference because when you come across losses you can learn from those losses so that you can avoid the same situation next time around.
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Tradiing in the demo account will also help to boost your confidence as you see some results from the changes in your strategy and seeing them being fruitful. Once you have determined the cause and come up with a workable solution you can then revert back to the real account.
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There should be a difference between the actual targets that one wants to achieve from forex and dreams if I can put it this way. We all want to make lots of profits out of forex trading but it would depend on the analysis and conditions on the market at that time and we should heed that analysis and not be greedy in the process.
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There are always guidelines that assist us to be able to to trade better and strategically so that we can realise profits. One also needs to have a tested strategy because it also helps to set a framework within which you are going to be trading and following these when trading would help realise profits.
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The terminologies form part of the basics of learning forex and should be treated as the foundation. If you are learning systematically like with a tutorial or with a book this will be among the first things that you come across when you are learning.
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One has to realise that there are times that they will get to lose while in the process of trading in forex and that this is a given. I dont think that you should go into forex fulltime because you want to make it your main source before you can see those consistent profits indeed because then you will likely not be succesful. Rather take it one step at a time.
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- life vs forex
- discuss life vs forex
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Forex forum Do you think forex forums can improve my trading skills?
tirus replied to flybiz08's topic in Forex Newbies
As a trader you will choose which forums you want to be active in whether they are paid in the sense of PTP or also in the sense of bonus that are paid to your trading accounts. The latter is better because then you will be able to use the bonus that you gained from discussing to make profits.- 456 replies
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- importances
- added advantage
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Well, you can start off small and then move up the ladder when you see that there are some improvements then you can consider increasing your investments into forex gradually. Its not advisable to trade in forex in huge amounts when you are beginning because you are not properly equipped as yet.
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You therefore need to maintain a balance between the two so that you can make the most out of your learning experience in forex trading. You can ease yourself into the real acount through bonuses from forums for example where you can tackle emotions.
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Its good that its getting more penetration into the market because it means that there is a possibility for it to eventually get to reduce its rates. It would be great especially for some like me who makes deposits using payza as I can be able to fund it this way as well but for now its still a question mark.
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I dont think that I would turn to using STP for the moment because I am rather very much satisfied with making use of LR for earning online. I guess as time goes on and I see more possibilities for eaerning using this payment processor I might just decide on whether to make use of this or not.
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I am still very much satisfied with using Payza for my bank withdrawals and even though I dont earn using Payza directly at the moment. I always have a good source of Payza when I exchange my LR funds to Payza so that I can be able to transfer them to my bank account.
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I dont participate in survey sites at all because of the low earning potential for my locality and therefore dont consider this avenue as a possible source of funds for me. GPT sites are also good to earn Paypal from by completing tasks there and you can earn a good amount here.
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There are a number of online shopping sites that make use of LR but it not preferrable to many because of its lack of puyer protection.If you get scammed you cannot be able to file a dispute to try and get your funds back for that transaction which is why Paypal is preferred here.
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This is why I say that if admin had any intentions for the forum he would have made it clear what they are started to promote the site so that everyone can know that the PTP campaign is on and be active in here. He might be deciding on how to proceed with the forum and what to do next.
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Maybe the 3 cents is just a bonus...lol I am sure you wish it was more of that as its rather low. I understand that you are on your way to reaching another payout minimum on the site again which means that you would be getting paid on the forum in the new month as payments are processed on the 15th.
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Yeah, because then you would be able to make a profit out of virtually nothing since you didnt have to spend the money out of your pocket to trade with. Yes, its not easy to return a profit for some of us that are still in the early stages of learning forex but its good to get capital this way.
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Yeah, higher targets are more worth it especially in cases where it would appear that the forum is having slow payments to members. If the forum was making fast payments then I wouldnt mind requesting for a lower amount of points but in this case the higher the better.
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If you can manage to be consistent and plan accordingly for you posting in here you might just be better off. Yes, it may not be easy to post in here which is why most of us are not earning well on the forum but if we can manage to plan well for our activities in here we can do just that.
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eCurrency Money Forum -- ecurrencymoneyforum.com
tirus replied to christmas_'s topic in Get Paid To Post
If they have contacted the admin then it would be better if they come back with some feedback on what the real situation is in here if the admin did provide them with a reply. It would be better if we get to know exactly what is happening in here without having to speculate. -
This is the main issue in here because there arent any good activities in those sections at the moment. If there was then one could make posts now and then even though its not on a regular basis because it would certainly be a good investment. Most activities are in the hyip sections.