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pepy

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Everything posted by pepy

  1. pepy
    Lots of brokers are dealing desk hide behind the logo that they are not dealing desk broker. So i think it is better to be careful with that and mostly of them are bucketshop broker which main target is to rip the traders. Traders cannot make nice profit with this kind of broker even it has low rate.
  2. pepy
    Not just learned but you must feel the experience of doing a trading, how to plan strategies, how to manage the risk by seeing your current capital, or how to open a position in the right situation and use technical indicators as the indicators for opening and so on. It is not easy to trade in forex instead so a strong mental still needed especially when it comes to face the losses.
  3. pepy
    So by that definition we can say that a high liquidity market is preferable in almost every single cases. It is good to have high liquidity because the market will be easy to find the match of our order and make the execution of our orders faster than before, it is good also for fx's market movement.
  4. pepy
    It is a fully normal condition and your statement here is so right. It is normal to see that there are a lot of traders who lose their money because of one or two mistakes, since it is possible for us to lose money and experience that bad situation, it is better to focus on our trading's strategy.and risk management.
  5. pepy
    Daily trading and profit is not a really bad idea for some traders. I myself se that $1000 daily is not impossible but it takes a lot of efforts from traders in order to achieve a great feat like that. Especially considering that most traders use lower lot size which means more pippettes for that.
  6. pepy
    No wonder forex has been known to all people as high risk business because in fact it is a high risk business where many traders easily lose because they are less careful when it comes to trade. Stock is also high risk but compared to forex it has less leverage level which makes its risk lower than what it expected.
  7. pepy
    It makes a sense you said something like that, mobile trading is all about the mobility of traders but it still lack of better monitor size even i must admit around 5 inch to 6 inch is pretty much comfortable for news based trader or trader who don't use so much technical indicators on their charts.
  8. pepy
    It makes a sense you said something like that, mobile trading is all about the mobility of traders but it still lack of better monitor size even i must admit around 5 inch to 6 inch is pretty much comfortable for news based trader or trader who don't use so much technical indicators on their charts.
  9. pepy
    Managing trading can be done with manual trading, and also through robot trading. You can see robot trading and the automated manual trading, it is act based on the parameter you put on your robot or script so it will work depend on the condition of the market and will execute if the condition has been met, the advanced version of this is Forex based AI.
  10. pepy
    What you said above is true, many traders don't realize it and apply it properly but that is true. However, people still scared because they don't know anything about it, they afraid they waste their time, they afraid that they waste their money. It is all thanks to the unknown nature and also hoax through internet about foreign exchange.
  11. pepy
    Based on this site, https://www.ethnews.com/etherlive. The price of Ethereum is around $300 per 1 ETH. It indicated a good rising movement but don't expect it like BTC, ETH is having lots of good concept but i prefer NEO with its bigger transactions limit per second which is very good enough.
  12. pepy
    Well that is true because BTC is all about who is the early bird catches the worm. So if you are the first then you will get the benefit of the first penguin. Since BTC is successful enough with the price more than $5000, it makes people come into it and make money from it thus make it harder for us newcomers to earn more.
  13. pepy
    Lol what is this newbie forever? But yeah the biggest difference between experts/veterans/experienced traders with newcomers/beginner is from the discipline when they do a live trading. Discipline in forex already contained a risk management/ money management, accurate prediction(at least 70% right), and emotion management, all those skills cannot be built just in one night.
  14. pepy
    It seems that he don't think so much about losing money but i'm sure for someone who suffer consecutive losses and not in small amount will never forget how hurt it is. With better approach someone can lower the rate of losses and one of those approaches is "less is more", trying to earn smaller but still keep expanding is a good choice.
  15. pepy
    I don't think they should avoid it, just join it once or twice won't hurt their motivation to keep trading and sharpening their skills. It is also a good place if trader do right, to see how good they are compared to the other traders who also maybe experts because demo contest is not just for newbies.
  16. pepy
    A lot of people may disagree with you but your post about broker's interference to someone's trading is totally right and i agree with it, surely play a big part for traders. Remember bucketshop broker? They interfere a lot and even do stop loss hunting, and the rules is freaking bad for their clients .
  17. pepy
    I think not just long term but in short term too, the only difference that the amount of pips you will get with short term trading and long term trading. It looks pays off in long term trading because it is basically based on momentum, the right timing will give you hundred more pips which means bigger profit for you.i
  18. pepy
    Talking about the self control of scalpers, i think that is really make a good point for them since they also need to control their own emotions in order to reduce the losses. Having control over our own trading is good for beginner to expert traders.
  19. pepy
    How about scalpers? They are short term trader. Basically forex is about speculation we speculate either one price will rise or down and then get profit from closing or open it. However, talking about the time we need to spend in demo account, it is different to each other ranging from 1 month to few years.
  20. pepy
    Well, according to my own opinion here the mentoring will give you more insight of how to do the right thing in the market, and it is more intensive rather than mentoring yourselves. You also just need to spend few hours to learn rather than go and visiting dozens of site.
  21. pepy
    Dear Admin and Mods Please check as below is my 37th Payment Request Displayed Username : sidejob Amount To Request (DMT points): 1000 PM ID : U4228403 Thanks & best regard sidejob
  22. pepy
    It is quite hard to depend on fundamental analysis alone, considering that the current trend is pretty much uncertain not like few years ago where it is quite easy to make a good prediction. I do try as the best as i can to combine both, fundamental and technical analysis even still fundamental dominate the whole process.
  23. pepy
    Who said that forex is not a risky business, in fact that is still as risky as ever and with risk management it is more bearable rather than before. Practicing is out of the topic, but i think that you want to make it clear that we need to take an action which nearly all traders know, so keep sticking with your risk management plan like spend around 4% of your total capital.
  24. pepy
    I think any type that a trader will do is possible, but the problem is whether a trader can do well and how much money / time should he spend in order to master long term technique? The biggest obstacle to long term trading is the results that can be sampled in a relatively long time span compared to short term trading such as scalping.
  25. pepy
    Uncontrollable emotions surely destroy you slowly or quickly depend on how bad you are. Emotions only become harmless if you know how to deal with it. My best tip is re-evaluate each of your trading, controlling emotion is not really something that you cannot describe how to do, it is something you should coming up with yourselves.
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