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chuna1985

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chuna1985 last won the day on August 25 2011

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  1. chuna1985
    Payment Mode Account Date 04/06/2011 15:36 Batch 58591034 From U0990758 (Digital Money Forum) To U3166849 (chime chukwuma ch...) Amount $1.90 Memo Payout from DMT
  2. chuna1985
    Username : chuna1985 Amount To Request (DMT points) : 350 Liberty Reserve ID : U3166849 Thank You Admin.
  3. chuna1985
    This is great, the site pays up to 4 cents per post and 5 cents per thread. I will definitely be joining this site in the next few days. But i think anyone who wants to post there should be careful since they hacve too many rules so they will be very strict.
  4. chuna1985
    This beauty contest in that this forex trading broker is organising is awesome, but i have just one problem with it. I still can`t understand why this contest has to be for only the female folks. What of the men. I hope they will get us our own Mr INSTA.........lol
  5. chuna1985
    The broker is a certified and regulated one, i use them and i also post in their site. But they are so strict that they do not accept liberty reserve payment processor. I was lucky that they accepted okpay and there is an exchanger of okpay in my country, i would have quit them.
  6. chuna1985
    Their contests are good enough, up to 333 dollars can be won. But that is not really of interest to me because those kind of contests are always dominated by expert trades. I will post in forum cintests of this broker to see if i will get the fund my fbs trading account.
  7. chuna1985
    I know the stochastic indicator very well, it is used to find out when a forex trading pair is over bought or over sold. I do not like to use it because the commodity channel index does the same work as it so i stick to the cci, it is better for me.
  8. chuna1985
    Thanks for your lecture, it is good enough. I tried to learn the use of this support and resistance level but i could not. I now visit www.fxstreet.com and take their support and resistance that they place for free in their site. Now it is clearer for me. Thanks
  9. chuna1985
    The main reason why forex traders are lazy in the demo is because the demo is funded with 50,000 or 100,000. They use high lots and make massive virtual profits in their trades. When they now get to the real account, they might try the same thing and their account will be fried.
  10. chuna1985
    Risk management is the most important thing in forex trading. This is because there is no way that we will continuously increase our trading account and elongate our trading career. It is good money management that helps us to secure our profits and prevents us from losing good profits that we are making. Compounding is a good type of risk management.
  11. chuna1985
    One can do compounding but they must be withdrawing at the same time. Maybe it will be good to withdraw 40 percent of their profits and compound the rest. I did not like compounding before, i always withdrew all mt profits but now i think i will try this strategy to see how effective it will be.
  12. chuna1985
    Any forex broker that has a swift payout plan is a good broker for me. UWC broker does very swift payout in their forum. The times that i try to withdraw from my account, it takes about two working hours for the payment to clear.
  13. chuna1985
    Andry is right, i is not only high leverage that makes forex trading risky, but the major is lot sizes. It is high lot sizes that can lead to losses in our trades, i mean heavy losses, or even margin call. The concept of leverage and lot sizes must be learnt by all trades in order to make competent decisions in our trading career.
  14. chuna1985
    @ Andry777, i know the situation of the forex market right now. You might be right that swing trading is risky now more than as it is before because of the wars and political crisis in the middle east, but it is all about the news. Follow the news effectively and manually cut at your trades at appropriate times. If you do this, you will not have any problem.
  15. chuna1985
    Time frames that we use in forex trading differs, there is no best time frame whatsoever, if you are trading long term, then you will consult longer time frames like 4 hours and above, and if you are a scalper, you will use the smallest time frames of 5 minutes, 1 minutes and 15 minutes.
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