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Everything posted by uncle gober
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Forex Scalping can also be called a quick trading. It is a method where traders allow their positions to last only for a matter of seconds, to a full minute and rarely longer than that. The purpose of scalping is making small profits while exposing a trading account to a very limited risk, which is due to a quick open/close trading mode. What Forex broker would allow you to scalp the market? Obviously, dealing desk brokers would not agree with scalpers’ trading style and most likely will ask a trader to change his/her trading habits or to find another broker. I am now very comfortable in TICKMILL, I get low spreads which can be used to perform scalping technique without any restrictions, traders can execute orders under one second
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scalping trading systems require accuracy and speed in carrying out the reaction on changes in market conditions broker. Traders who have high skill and broker that has low spreads will make trading with scalping to be profitable. I am now very comfortable in TICKMILL, I get low spreads which can be used to perform scalping technique without any restrictions, traders can execute orders under one second
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Patience is one of the most important things in our life . And in Forex Trading , patience is the key to long term success . Many beginners in the world of Forex neglect psychological and emotional factors and focus only on their trading strategies and plans . They must know the importance of psychological and emotional effects while trading and how these factors can play an important rule in their success or failure .
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As forex trader, we need to always keep learning and practice. This is needed for us if we want to make money through forex. Skill will always needed here. Without skill to trade, we are nothing in forex. We will also need to always follow our plan, money management and risk management if we want to have better safer trading experience. Be focus, keep learning and be better trader everyday.
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The US Federal Reserve holds 6,700 tons of Gold, in 530,000 gold bars. Now you have a chance to get your very own gold bar! Tickmill strives always to provide you with the best trading conditions on the market – whatever instrument you trade. Among all else, we are extremely proud of our spreads on Gold, which are by far the best that can be found in the industry. As a token of gratitude to our traders, we prepared genuine gold bars for clients trading Gold from April 4 until June 30. FSA Regulated Our forex brokerage accounting, internal procedures and systems are audited by third party auditors and the FSA too. Strictly Segregated Funds Client funds are strictly segregated. And not just at any bank! We only keep funds with top-tier global banks including Barclays
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Importance of Comparing Forex Brokers
uncle gober replied to David_Warner's topic in Forex General Discussion
Every broker has own strategy and has trading condition which will be give benefit for a trader. In my broker ( TICKMILL ), Client can choose the appropriate leverage when they open the account or at a later by contacting customer support. The default leverage is 1:500. Higher leverage means higher risks. Trading condition : Forex instruments: 62 currency pairs, Execution model: DMA, NDD , STP, Margin call / stop-out: 100% / 30% , Trading style on Exchange account: all trading styles are accepted including high-frequency and high volume trading with EA-s and algos, hedging allowed -
Get free money for Forex trading
uncle gober replied to bloger90's topic in Forex General Discussion
The use of no deposit bonus depends on the trader. no deposit bonus should be used as a tool to improve the skills of traders with trying to be patient and disciplined increase the account balance. Now my broker ( TICKMILL ) offer no deposit bonus with 30$ free no deposit bonus. no deposit bonuses ist better than trading using our own money before we really ready to put our own money in the risk.- 148 replies
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Studying consistently is required by traders. Now I'm trying to learn to be able to trade consistently using ECN account in TICKMILL. Trading forex is not easy, it requires a great effort to be successful in trading with discipline and focus on the target
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Demo account is very important to test the strategy or a new way to play this trade without the worry of losing money we have. but if the aim is to train psychology, must use a real account, because the demo account is ineffective to test the psychological distress that does not exist. If you want to trade without risk, TICKMILL offer free 30$ no deposit bonus for a newbie
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[VIDEO] [/VIDEO] Even during the highest volatility on the market, with Tickmill you can be sure you'll get the best spreads in the industry. FSA Regulated Our forex brokerage accounting, internal procedures and systems are audited by third party auditors and the FSA too. Strictly Segregated Funds Client funds are strictly segregated. And not just at any bank! We only keep funds with top-tier global banks including Barclays
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Can you really trade without emotions..?.YES
uncle gober replied to showrov1993's topic in Forex General Discussion
Good reason to resist our emotions when trading one of them is losing money, for the management of risk and benefit need to be enforced strictly and management is what always must exist on any trading system rules -
Concentration really is important in trading. It is always great to have a calm mind while trading because this boosts our concentration towards our trade. It is not wise to rush trades because this will often lead to decisions that are not weighed properly and this decreases the chance to win a trade or somehow get into a good position.
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Each trader has a choice regarding the leverage used, make sure that the leverage used to help us obtain the best results. I now use the leverage of 1: 500 in TICKMILL. I think this suits me leverage applied with lot 0.01 in ECN accounts
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practice to be consistent on the profit obtained
uncle gober replied to rizal83's topic in Forex Newbies
Having a deep knowledge of proper trading technique greatly help traders to get the best results. The analysis used is not based on instinct but the use of indicators and other parameters to predict price movements. In addition to technical analysis, we need a fundamental reference and now I use a blog TICKMILL Expert -
Welcome Account is your perfect start in trading Accessible Available to all new clients at Tickmill* * Welcome Account is available to all new clients from non-restricted countries excluding Indonesia. Easy No initial deposit required Instant Added automatically after completing registration Profitable Everything you’ll earn is yours to keep FSA Regulated Our forex brokerage accounting, internal procedures and systems are audited by third party auditors and the FSA too. Strictly Segregated Funds Client funds are strictly segregated. And not just at any bank! We only keep funds with top-tier global banks including Barclays
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A demo account is very useful for forex newbies. It helps to educate them about the platform and how trading really works. I recommend the newbies to try to open a demo account in TICKMILL, which I am trading now. Because the conditions on Demo account in this broker are totally the same as on Real account.
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Everyone have their own explanation of how and what is leverage in the forex trading market for me I can just simply define leverage as the amount of money which your broker give to you to trade in the forex market with this is the real thing which we need to know its help us increase our margin and liquidity
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I now use as much as possible 1:100 leverage. This leverage is good for me to earn good amount of money. My main goal and objective is to make sure that I can run great amount of money in forex trading. I'm so sure that stability is the most important thing in forex trading. So its good to really make good income in here. The risk is some how lower if we use 1:100 leverage.
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Can no deposit free money help you achieve success on forex ?
uncle gober replied to kaito kid's topic in Forex Newbies
no deposit bonus should be used as a tool to improve the skills of traders with trying to be patient and disciplined increase the account balance. Now I do not use no deposit bonus, but my broker ( TICKMILL ) offer no deposit bonus 30$ for a trader except from indonesia -
TICKMILL ZERO WITHDRAWAL FEES POLICY Here at Tickmill, our traders’ interests always come first. Following the vision of providing you with the best trading environment that does not impose restrictions on profitability, we never charge you any withdrawal fees. Everything you earn is yours to keep – up to the last cent! Additionally, all deposits starting from $5,000 or equivalent processed by wire transfer are also included in our zero fees policy. Just email us a copy of your bank statement or any other confirmation document for the respective deposit at support@tickmill.com and we will refund you the fees. To deposit and withdraw, please log in or register in Client Area
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There are so many factors that will cause us to get in the business of forex losses and one of them is to choose the wrong broker. Brokers who do not have a responsibility to clients will be easy to commit fraud. Now I am lucky to pick TICKMILL, where the broker is giving me the benefits of low spreads and also during these transactions either withdrawal or deposit is always smooth
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I think the demo account only suitable strategy to gain experience that will be applied in a real account. better rest directly on a real account to train mentally and emotionally. for beginners this is a mistake that often occurs when the demo account successfully but in a real account is different. once he fails it will tend to lose in the long term. after using the demo account, we should use a real account with minimal capital. TICKMILL provide the type of classic and ECN account with a minimum deposit of $ 25 and can choose to use a swap free account
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practice to be consistent on the profit obtained
uncle gober replied to rizal83's topic in Forex Newbies
Yes,I think every trader should use two tools and it help us in the feald of money management as basic trade to minimize the losses. Now I am trying to maintain the discipline to apply the use of SL and TP in any order that I do in TICKMILL, but is sometimes wrong things that we forget to apply it is mental and emotional -
The use of leverage must be adjusted with the ability to manage the funds. Trader who can afford to can trade correctly will get a benefit. I now use the leverage of 1: 500 in TICKMILL, although smaller in comparison with other brokers but I am comfortable with the leverage that I use now
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Here at Tickmill, our traders’ interests always come first. For this purpose, we continuously strive to facilitate our trading conditions to suit various needs of traders throughout the world. With this in mind, we offer Islamic accounts that are 100% compliant with the Sharia law. Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against Muslim faith. All Muslim traders can benefit from Tickmill’s best trading conditions by opening any account with us – Classic, ECN Pro or VIP – and converting it to an Islamic type. Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps. FSA Regulated Our forex brokerage accounting, internal procedures and systems are audited by third party auditors and the FSA too. Financial Services Authority (FSA) regulated, Licence No SD008 Strictly Segregated Funds Client funds are strictly segregated. And not just at any bank! We only keep funds with top-tier global banks including Barclays GET AN ISLAMIC ACCOUNT AT TICKMILL IN TWO EASY STEPS: Open a live trading account with us if you haven’t already done so. Email your account number at support@tickmill.com and request to switch it to an Islamic type. Our all-star Client Support team will process your request for an Islamic account status within 1 business day and you will receive an email confirmation once all is set up. All subsequent trading accounts opened by you at Tickmill will be automatically classified as swap-free meaning there will be no need for contacting us again. NB! Please make sure you comply with our Islamic (Swap-free) trading account use agreement before applying for a swap-free account status. or try our demo
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