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chintu
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Everything posted by chintu
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Well many people come into Forex with many hopes and they want to make a living in Forex . But in my opinion it is not good to make a living in Forex because in Forex we will not be getting fixed incomes every month . If we take a normal job where we will be getting fixed salary and through which we can make a living . But in Forex we may earn or we may even loss , so in my opinion its not suggested to make a living depending on such high risky business .
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Well trading every day is not at all recommended for the traders because the market situations will not be same for all the time . The market will be getting fluctuated for every second , so a trader should decide weather he want to trade every day ore not by looking the market fluctuations . Some people think that daily trading will give huge profits but it is not corect in my opinion .
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Well that does not matters weather we go for Forex market or stick market the thing we need to have is knowledge about the particular domain . As i know if we go for Forex market trading then we need to focus in learning the currencies and many more . Where as stock market we need to learn the business of the companies and there shares values etc.. No matters what it is bit a trader need to have excellent knowledge in that domain .
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Since in the recent days some of the brokers has introduced cents account/micro accounts where a trader can trade on cents . So we can even consider this as a best place to practice with Forex because that doesn't costs much if a trader want to trade with real money . But always for practicing demo account should be preferred by the traders and that best for practicing .
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To be frank i am very much satisfied with the design of the site because as we all know the first impression is the best impression so most of the investors will be looking into design aspect most of the times . And happy to see site have ssl layer so admin have took all the precautions to safe guard the data and finally the investment plans are quite reasonable to invest within .
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Now you can even withdraw your funds to the trading brokers which are listed in the IAFT list . And i have being working in IAFT since a very long time and earned good income from the forum . But since past 1 month i was not active there but yesterday i have requested another payment in the forum hope they will pay me in 2 to 3 days .
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Looks like all the investment plans are of hourly investment plans so i think many of the investors will not show interest in investing in hourly investment programs but still to hit and run this hourly programs will be a best one . And here good to see the payment proofs of the other members so i hope it will be go to hit and run before it turns into scam .
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Well the interest rates are quite good and reasonable to make an investment in this new hyip but the problem is it looks like all the investment plans are of long term investment plans so there is lack of security in the forum . Only a single monitor have rated the site and that to it is with the waiting status so i think its too early to invest in this hyip program .
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You have received a payment to your account U5773755 (Karunakar): Date: 5/12/2013 7:18 AM Batch: 143586214 From Account: U2215912 (isaia) Amount: $4.50 Memo: N/A Thank you.
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Actually there is no way to eliminate risk completely from forex but instead you can use some methods that can help you to minimize the risk to some extent and they are using some tools or strategies of stop loss , take profit , cut loss and some more tools that can help you to minimize risk to some extent . and another great tool to eliminate risk is your knowledge . the more practice and knowledge you have the more safe you are .
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Can no deposit free money help you achieve success on forex ?
chintu replied to kaito kid's topic in Forex Newbies
FBS is one of the good place where they are offering a very good bonus to there members and especially for newbie traders they are offering a no deposit bonus and that is really helping many newbie traders to get attracted towards that broker and i think this bonus can be made use to earn some profit or practice with live or real account . -
Most of the newbie traders will be doing some silly mistakes where some are as follows , some traders will be very happy to implement trades with out having proper knowledge about forex and this is the main reason most of the traders fail and especially newbie traders will come into this category . and next people fail due to emotions while trading which are very dangerous .
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In fact forex is one of the best place for you to invest all your money . Forex is a place where you will be getting an opportunity to earn huge cash in a very short time and that to with a very low investment . so this makes many people to get attract towards forex to invest with it . And i am say that if you have the capability to minimize the risk then forex will be one of the best place to make an investment .
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The profits you earn from forex trading should be spend half for your further trades and half for your sake . As know money management is really very important for the traders to have so it i very important for the traders to take care of the money and the profits which they are earning in forex . An effective money management will help you to gain more profits with less investment .
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As we all know forex basically depends on the risk and the think its fact that to earn with forex you need to do a lot of risk with forex . I am not sure about others bit i can say that forex can give you profits but not as huge as $1000 in a single day . even expert traders cannot able to earn such a huge amount in forex .
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Talent is self earned and i am sure that god can help you get talent only if you work hard to acquire knowledge on that particular subject . I too believe in god and here one thing you should know that many people will be considering that talent is god gifted but i believe in hard work then only i think talent is god gifted .
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I think manual trading is quite better than manual trading because as we all know manual trading have independence but where as in robot trading you will never have any independence of trading . And Not all robots will work good because as we all know there are many robots which are not at all fit to use and if you use them we may loos our money .
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In gambling a person can earn with out gaining or knowing any knowledge about the system . but when we consider forex we need to have a very good understanding and knowledge about forex . And in gambling you c\may not earn huge profits that is possible in forex . that is the reason many people are very craze about forex . the only things similar are only risk .
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Importance of Demo Account/virtual account in Forex
chintu replied to abdulla1's topic in Forex Newbies
Actually demo account is one of the very best place where many of the traders will be making use of them to trade forex in a profitable manner by practicing with demo account . Since many years the usage of demo accounts are going on increasing that is just because most of the people know the value of demo accounts since the recent days . -
Since there is only one investment plan available to the members of the site the admin has made it very good and profitable manner . its good to try out this program but one thing you should note that the ratings of the site are with the waiting status so try to invest here only after you see the paying status from the monitors .
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Though the site have a good payment status it is very important to know that this program is a hourly program and that is really bad that most of the hourly programs will be turning into scam with in some hours of there launch . I am sure that it is not at all safe to invest with this program but still you can hit and run from this program that a better idea .
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As you mentioned there are offering 410 bonus to there members that is really embarrassing to see how can they offer $10 bonus to there members . but i am online earner since many years and i can say that this is one of the very old site and a very popular site too . but i haven't tries this program before do know weather they are legit one or not .
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Not bad the roi is quite encouraging for me and i am sure that it will be better to just hit and run from this program . since it is a new program it is good to see the monitors ratings and when i looked into the ratings i found that there are many monitors who are with the paying status and some are with waiting status so its better to invest after taking the opinion of all the monitors .
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One of the very oldest script the admin of this hyip is making use of . And the most important thing we need to see here is the site is an hourly program so i am sure that it is really wast to invest here because though the site have many plans only one plan take a minimum deposit of only $10 but all the rest are asking huge investments . And in fact this hourly programs will be scam very good .
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Actually one of the disadvantage of this program is the site language is not in English and it is in Russian Language and that is the main reason why many of investors are taking a step back to invest here . and you know in fact most of the Russian hyip sites will be turning into scam very soon after they launch so we should be very careful with this programs .