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Everything posted by uncle gober
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Receiving the first Bonus Each new deposit over 200 USD is entitled for bonus. In case of multiple deposits, bonus will be added to every deposit separately according to the amount deposited. For example: if a client first deposited 500 USD and later 1 200 USD more, then he will receive a bonus of 50 USD (500 USD * 10%) and 144 USD (1 200 USD * 12%) respectively. After each deposit, contact client support via email to collect the bonus. Code word: Summer Bonus. Trade at least 1 lot for each 5 USD of the Bonus prior to withdraw. Trading volume is accounted for currency pairs and metals, CFDs are excluded. Bonus can be only claimed on deposit, which is not covered by any other campaign, offer or bonus. Maximum bonus amount is 1 500 USD. Bonus will be added to the same MT4 trading account where the deposit was processed. Receiving the second Bonus All the participants of the Summer Bonus campaign have a chance to receive the second bonus at the end of the campaign. Maximum bonus amount of the second bonus is equal to 10% of the total deposits amount in the campaign period. For example: You have made a deposit of 1300 USD on your account. Your bonus will be 156 USD (12% of 1300 USD). You have completed 152 lots in round turn trades on the same account by 31 of August. You will receive 130 USD as an additional bonus, since the maximum bonus limit is equal to 10% of 1300 USD. Complete at least 50 lots of trading volume in the period of the campaign in order to receive the bonus. Trading volume is calculated for the round turn trades performed in the period starting from the day of the client registration in the campaign until August 31st. A ’round turn’ trade means that opening of 1 lot unit position and closure of this same position will be counted as 1 lot of trading volume. Trading volume is accounted for currency pairs and metals, CFDs are excluded. Trading volume is accounted only for the trades that remained open for at least 5 minutes. Trading volume is calculated for each trading account separately and the bonus will be added to the same trading account on which the volume was completed. The second bonus will be added to your account by September 15th. The requests to review the bonus amount are accepted by September 22nd. Trade at least 1 lot for each 5 USD of the Bonus prior to withdraw. Trading volume is accounted for currency pairs and metals, CFDs are excluded. Other Terms Tickmill reserves the right to disqualify any user if there is a suspicion of misuse or abuse. Tickmill reserves the right to change the Terms of the campaign or cancel it at any time.
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Low spread is good for the trader who want to do scalping technic. I like trading with ECN/STP account in Tickmill. ECN/STP model provides clients with direct access to the other Forex market participants (retail and institutional). Broker do not compete with clients or even trade against them. This grants clients more advantages over dealing desk market makers.
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To learn forex trader takes time and a long process to be able to obtain an optimal experience prior to using a real account. trader should use a demo account first to learn. I also use a demo account before using in a real account Tickmill. I spend approximately 8 months before switching to a real account
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What factor is help to consistent profit in forex?
uncle gober replied to Upul Tharanga's topic in Forex Newbies
Trading with a small profit can also help us to trade better because with this system, we do not trade going to overlot. Now I use a lot 0.01 when trading in the Tickmill. Trading with a small lot helped me to stay consistent in getting profit. In my broker, 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 -
Demo account is good for traders who are new in forex. They can get trading experience using demo account and it will help them when they use real account. I think they also should try trading using real account to test their psychology, because when we trade using demo account, our psychology is not be honed, in fact they are traders who are failed because they did not have good psychology
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Tickmill Launches a Native MT4 Application for Mac Users We value the comfort of our clients and are always willing to go the extra mile to provide you with the best tools for trading. Though the official MetaTrader 4 platform is available only for Windows and mobile devices, Apple computers become more and more popular among traders. Therefore, we decided to match the needs of our clients and build a native MT4 Mac application. Refined by Tickmill specifically for Macs, the platform is virtually identical to the standard Windows version of MT4. Convenient features include one-click trading on three chart types in nine-time frames as well as use of custom indicators and full customization. Setting up this customizable application is easy and intuitive. Our step-by-step guide offers simple, illustrated instructions to begin trading with MT4 on Apple computer in a matter of second. So, instead of spending time on a long setup process, now you can focus on what you are really into – trading! What is inside? Tickmill provides you with a MetaTrader 4 platform for your Mac that is almost identical to a regular Windows application. This software comes with numerous useful features and functionalities, among which are: 3 types of charts; 9 time frames; over 50 default indicators; lots of graphical objects; multiple charts; option to install any custom indicator; 1-click-trading; full customization. How to Get Started? Setting up our native application is easy and intuitive. You will just need to download Tickmill MT4 Mac version in order to begin. Simply click the button below to get started.
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Forex trade is not for everyone.
uncle gober replied to showrov1993's topic in Forex General Discussion
Any one can be a trader but no all of people are in forex trading can survive in forex trading. We must know that forex trading is risky business and there's not only reward that we can get, but also there is risk. We must be able to minimize the risk if we want to get maximal profit. We must have good money management and must understand market well. -
Emotion and greedy should be controlled when trading. We cant trade with emotion because it's harmful for our account, even we can get margin call. Always take the positive side if we face bad situation, it will make us can solve the problem correctly.
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we should be discipline when trading. Dont be greedy because it will make leverage be like a boomerang. Our account will get loss, even margin call. The most important is not how much leverage which are using, but how we maximize it. I use leverage 1:500 in TICKMILL
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Is it easy to earn money in forex?
uncle gober replied to lollabun's topic in Forex General Discussion
It is not an easy thing to make profit at the Forex market. The successful Forex traders follow a disciplined way of making investment and trading at the Forex market. If you want to make profit at the Forex market you too need to follow some principles. The first thing that you need to realize that Forex trading can not be done on the basis of guessing. You can not guess the future of the market and make profit by trading that way. You need to follow the methods of fundamental and technical analysis to make sure that you make profit from Forex trading. Here we are presenting some effective tips that will help you make profit at the Forex market. -
TICKMILL WEBINAR [VIDEO] [/VIDEO] Scalping refers to buying and selling an underlying multiple times in the same day for a small profit. We locate scalping opportunities by looking for price extremes in the market. When we scalp we can either buy at a lower price and sell it for a higher price, or vice versa. We prefer to primarily sell premium, but we may scalp futures in low IV environments to stay active. The most important aspect of scalping is liquidity. We would not scalp an underlying that is not liquid, since we are getting in and out of our trades multiple times within a day. Ensuring liquidity also ensures that we are getting the best price we can when entering and exiting the trades. Scalping is purely subjective, and there is no guideline in terms of when to get in and out of the trade. We trade very small when scalping, and accept profits when they come. We believe that trading too big and getting greedy are both easy ways to lose money quickly when scalping
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Is it advisable to trade on all currency pair as a newbie?
uncle gober replied to flybiz08's topic in Forex Newbies
We can trade with all the currency pairs. If we know how to trade then all the currency pairs are same and we can trade them. There will be some currency pairs which will not give profits to the traders so it's better to avoid that currency pairs most of the times. I suggest EUR/USD currency pair to be the best one for newbie traders to trade with. based on my experience during trading in TICKMILL, I get a spread that is suitable to trade with scalping with good speed of execution -
greed will make our trading over the limit. for it now I try to avoid this by using strict money management because I understand that one of the causes traders gain loss due to greed. I now trade using TICKMILL broker. I know this broker from some friends who are already using this broker who formerly was named Armada Markets. until now comfortable using this broker
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Before we demonstrate the ability of trading on our trading results, with the success of obtaining a consistent profit, should not we get out of our work. Although there are another earning in forex beside our profit, like affiliates, but we still need a permanent job for our daily lives. Before we are able to produce consistent profits, forex is very suitable to be used as a side business
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How long do you use demo account?
uncle gober replied to andry777's topic in Forex General Discussion
Make sure to keep on demo trading and not to open a live account, as long as you have not been able to repeat your success with your demo account. Trading experience is very useful to improve our trading skill in forex. We should learn from our trading experience, so we can make our trading skills be better. We also can learn from other trading experience, such as experience from Trader of The Month in TICKMILL. I also learn from their experience to get lesson and make trading trading skill be better. -
Make your sun shine brighter with the Summer Bonus! This summer all your deposits will be rewarded. The more you deposit – the bigger bonus you’ll receive. Check how much sunshine you can get:
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Demo account should be able to improve the skills that the trader is able to trade properly in the real account. with a variety of exciting prizes, contest demo account was followed by many traders that makes the opportunity to practice and compete.
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Proper knowledge of forex market, Practice much on demo, hard work and patience, Control on emotions and risk management all these are the basic things that you have to keep in mind to go through the way of success.
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- life vs forex
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forex trading can be used as full time job, but i think, we should make profit consistently first in forex trading. If we are still new in forex, we should prefer to learn first. Understand about forex trading so we will get maximal result.
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Trading long term requires skill and the ability to analyze and strong capital. a beginner should use a trading technique that can be easily used and not too difficult to implement. A tip for a beginner is to never stop learning and also maximize the demo account to practice. I also use a demo account to practice the best trading system before opening the real account in TICKMILL
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It is very easy to become our IB, no paperwork, no costs, takes 30 seconds of your time to start Control everything yourself with our 24/7 real-time and detailed reporting system
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Interview with Muhammad For how long have you been trading? I have been trading since I graduated high school, almost 3 years now. What instruments do you prefer to trade and why? I like GBP/USD pair because it works best with trading system I use. What schedule (trading hours) do you have for your trading? I trade during all sessions Tokyo session, London session and New York session. I am trading different pairs during each sessio Did you receive personal training from other traders or did you mainly educate yourself on your own? I have learned on my own. I have done a lot of market research. What do you consider the best type of education for a trader? The best education for a trader is education which has clear basic theories and can be implemented directly on the Live market. Emphasis should be on discipline because it’s very good for traders who want to enter the market. Do you create your own strategies or use the ones that already exist? Can you briefly describe your strategy? I use strategy that already exists. I am using Elliot wave indicator combined with Fibonacci indicator. What is the most important quality a trader should have? The most important quality a trader should have are the right mindset about the market. Also commitment and discipline. How do you deal with losses, does it have an emotional impact on you? I don’t have emotional impact when get the losses because of I have calculated exact amount potential loss I am willing to lose, before I enter to the trade. Are you satisfied with our service and is there anything we can improve? I’m very satisfied with the service provide by Tickmill, Withdrawal process as fast as deposit. Tickmill has low spread, server connection is very good, friendly customer support make me comfortable to trade with Tickmill. I hope Tickmill keep going with the quality of their service in the future. I would recommend to trade with Tickmill.
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Demo trading is very helpful for any newbie. It can give you knowledge and experience both. Without knowledge and experience no one can earn a good profit in Forex. So if we want to earn good money we have to practice in demo before real Forex trading.
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Are you satisfied with your broker?
uncle gober replied to mang_ncep's topic in Forex General Discussion
During this time, the broker that I use is TICKMILL not affected by the closure of one of the payment system is closed. some time ago. Traders have experienced the closure of Liberty Reserve payment system as well as the fall of the CHF. until now I see the response of TICKMILL very good especially with the protection of client funds -
During this time, the broker that I use is TICKMILL not affected by the closure of one of the payment system is closed. some time ago. Traders have experienced the closure of Liberty Reserve payment system as well as the fall of the CHF. until now I see the response of TICKMILL very good especially with the protection of client funds