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tirus
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Everything posted by tirus
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Yeah and that will remain an advantage for them to be used when it comes to earning online and investment programs and sites. The same cannot be said about shopping online because of the dispute feature but I believe that with the commission that they are able to get from fees they dont really mind.
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It actually has higher fees than Payza in this case because for a personal account in Payza there are no fees that you have to pay. If you get sent $1 this is the amount that you are going to get into your account in full. I havent yet used this ecurrency to earn but may do so sometime in the future.
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Profit clicking - profitclicking.com
tirus replied to pmrg's topic in Network Marketing & Money Cycling Programs
Yes, it took some time but the question is how much has it been able to pay in order to be here this long. It took some time for members to get paid and even now there are still many that have not received their profits from here. I just hope that it stays long enough to pay my current withdrawal at the least. -
There will always be that element of risk as we are dealing with unknown factors that are influencing currencies. If forex were to have limited risk then it would surely be quite easy to trade and there offer lower potential for profits in the process. All that we strive to do as traders is to try and minimize losses by preparing ourselves accordingly for trading.
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That's a better option that you are using @monyitomon to ensure that you are able to use the funds that you have for other purposes other than trading because some brokers make available forums to accumulate funds. This way then you are able to get funds through posting on these forums and save your own money.
- 336 replies
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- long term forex trading
- risk in forex investment
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Well, one is for practice while the other is for making real money. In the end the idea is to make profits out of forex trading and that happens in the real account where you can make as much as you can lose money from your trader. Both are quite relevant to each and every trader because they serve different purposes.
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Yes, it is really a part and parcel of forex trading that each and every trader will without fail have to go through at one point or another. Losing it unavoidable. Learning from those losses would be making the best out of a bad situation because then you will be looking at ways to minimize losses in your future trades.
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What do you think about free deposit from broker promotion?
tirus replied to kaito kid's topic in Forex Newbies
Its free after all so why not use it. Granted, many of them may have some conditions attached to them but they are useful for different purposes and are particularly useful to beginner trader as well in order to get a taste of real account trading. They may not be that much as they are limited but they can add value indeed if used wisely. -
Importance of Demo Account/virtual account in Forex
tirus replied to abdulla1's topic in Forex Newbies
Its necessary for every trader in indeed which is why it should never be estimated at all. A beginner going into real account trading without first experiencing the demo account would be making a huge mistake. The same thing with an experienced trader who makes alterations to his trading strategy in the real account without testing it out in demo account first.- 751 replies
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- forex virtual account
- forex demo account
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It starts from the navigation, the small screen that can be a real nuisance. If you have a tablet it would be even better if you are mobile because then you would be getting a better experience out of it than you would out of a mobile phone. The software's are there for download on many broker sites but its just not convenient to use.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Yes, there has to be a reason for the losses at the end of the day and they did not just come out of the blue. Immediately you are involved in a string of losses then you must find out what the real cause is otherwise you will just continue to lose indeed as you are stuck in that cycle of losses with no improvements whatsoever.
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Yes, for the fact that you are actually unsure of the result which can turn out to be a win or a loss then you can compare forex with gambling I suppose. Also the fact that they both involve an element of risk in them. Other than that they could not be further apart because with forex you learn, do analysis and have a strategy in place to guide your decision-making.
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These come with experience as well and its up a trader to make the best of them by making sure that they learn from them no matter how big. Its quite easy to give up after encountering losses while one should really try and determine the real reasons for the losses and map their way forward for future trades.
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This is state of mind is important to manage so that you are not influenced to drive away from your trading plan or even ignore things that may be important in your trading strategy. Just like you are not able to function well at work if you have personal issues and they get in the way the same thing applies in trading. Once has to be focused on their trading so that they are not easily influenced by these factors and make unbiased decisions.
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If you dont have the plan then you are not likely to achieve those goals and they would most probably remain a dream until you are able to come up with a plan to make them a reality. The same applies in forex indeed because it gives you direction on what you need to do in order to achieve your trading goals.
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But the timing is also important because once you make the transition from demo to real account you must be prepared to use real money that you can lose at any time. As much as you dont need to take longer than necessary before you go into the real account one should also make sure that they dont leave the demo account prematurely and they have had good practice in here.
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How much capital that you used in trading?
tirus replied to andry777's topic in Forex General Discussion
Even with the trading funds that we are able to accumulate from posting on the various forex forum we are still able to return a profit. Its just that the profit is not usually higher because of the limit of trading funds that we have at our disposal. If you feel that you need a lot of capital you can accumulate for some time in line with your strategy before going for the real thing. -
If it was easy money then there would be no risk associated with it at all and everyone would most probably get to be profitable out of trading with little effort. The fact that its not easy to return profits for many traders adds credence that it is risky because you cannot guarantee returns even for someone who is experienced.
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As your skills do improve you will also notice an improvement in your profit loss ratio because it would mean that you are starting to make more profits out of your trading. Fair enough its not easy thing to do and can be rather elusive to those that dont follow the right guidelines to make them successful forex traders.
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Why many Forex trader see it as a mystery
tirus replied to smithlover84's topic in Forex General Discussion
It would have to do with proper learning and practice of forex trading that can help to eliminate the confusion that one may be having. For someone who is still new to forex it is inevitable that they would be confused along the way because this is a new environment. If you feel that its not getting any better, you may also want to try and look for alternative learning resources as well. -
Useful Tips to Success in Currency Trading
tirus replied to dhanpreet's topic in Forex General Discussion
Practice, practice, practice. For every beginner they need to make sure that they have the basic understanding of forex trading before they go into trading but what is also important is making sure that they can put that knowledge into practice. The demo account account is a good place to get in this type of practice because you are working with virtual funds in here. -
Maybe its because the festive season sees more and more people trying to look for opportunities to make more money from the bonuses at work or other funds that they receive at this time of the year. The good thing about forex remains the fact that you have a role to play in getting profits out of your investment unlike in hyip where you just deposit and hope for the best.
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That is the big idea, to be able to get a taste of real account trading without having to make use of your real money to do so. It actually even ends up sustaining many traders as trading funds for a couple of months because if you are able to concentrate on posting you can make a couple tens of dollar or even get around a 100 a month for trading purposes.
- 148 replies
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- bonus
- free capital
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The Main reason Why Forex Fraders Fails.
tirus replied to asiaforexmentor's topic in Forex General Discussion
Its always good to try and know what are the most common reasons that make traders fail because they help others to avoid falling for the same things themselves. Its part of the learning curve that no one should avoid which is why we continuously talk about things emotions for example and how effective manage them. -
There shouldnt be stoppage time indeed because at the end of the day, the demo account becomes relevant throughout the life of a forex trading because there will still come a time for a trader to revert back in here. It could be just to get further practice, test out a strategy or just to boost their confidence for example.