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Everything posted by uncle gober
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Afraid you lose money in trading || FBS provides solution
uncle gober replied to kaito kid's topic in Forex Newbies
Forex business is a great ones if we can manage the risk. There are too many non-predictable events that can impact the market on a daily basis. It is the nature of the market that you will have some days with gains and some days with losses. But if we can manage better, we can get accumulative profit. -
Lots of practice and evaluate our trading is a great way to improve our trading skills. To test the ability of our trading, both the ability to generate profits, manage risk and money management skills, you can try trading with Tickmillt and become Trader Of The Month. Each month TICKMILL gives out a 1000 USD prize to the Trader of the Month who shows not only good profits, but also excellent risk and money management skills. Read more Trader Of The Month
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Demo accounts are very good for the introduction of trading, both systems; trading discipline or money management. But a trader must know that a demo account is very different from a live account (will be better to informed the advantage and disadvantage before suggesting the use of a demo account for new traders), after the introduction, use the real account will become the best advice to better train the ability to trade, you should use a micro account first before using more money before we actually were able to manage risk with a micro account.
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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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Introduction: It was a challenging time during last few weeks for many traders. It all started by the record-high volatility on CHF pairs and ended up with the situation that many traders are now seeking for a broker whom they can trust. With the combination of great risk management and best trading conditions, Tickmill is definitely the broker to consider! Tickmill welcomes all new clients who seek for safe heaven and wish to continue trading with minimal trading costs. We hope that with this campaign you will be motivated to try out our trading conditions. We are sure you will be satisfied! See you trading with Tickmill! Not fully convinced? Here are few facts to consider: We covered all negative balances created by EUR/CHF crash. We have not issued a single re-quote ever, including recent EUR/CHF event. We did not cancel any trades done with EUR/CHF and other CHF pairs. We keep trader’s expenses at the lowest possible level (Spreads from 0 pips and low commission). We always process withdrawals in 24 hours during business days. We provide 1:500 leverage even for the large accounts. We clear your orders only at large and well-capitalized banks and liquidity providers. We keep all client funds on segregated accounts. We love our Clients and provide excellent Client experience. TRY OUR SERVICES Terms and Conditions: Campaign is available only to new Tickmill clients who registered between 11.02.15 to 11.03.15. Client may only claim 15% bonus on the first deposit, which is at least €$£ 100 and not covered by any other campaign or bonus. Maximum bonus amount is €$£ 5 000. In order to claim the bonus, please send an email to support@tickmill.com with the code phrase “Welcome to Tickmill” after the deposit. Trade at least 1 lot for each €$£ 5 to withdraw the bonus. 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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Are you satisfied with your broker?
uncle gober replied to mang_ncep's topic in Forex General Discussion
Each broker certainly offers various facilities with various promotions in every campaign so that you are interested in trading with them. but for me, bonus or other promotion not being primary. I was more focused on low spreads and execution speed and also the smooth withdrawal. Now I trade forex in the Tickmill. Tickmill is authorised and regulated as a Securities Dealer by the Financial Services Authority (FSA) of Seychelles with a licence number SD008. We are a transparent and open company. Our accounting, internal procedures and systems are audited by third party auditors and the FSA. Funds are held with Barclays Bank, MCB Bank and other major banks. Tickmill is the new way of trading with extremely low market spreads, no-requotes, STP and DMA, absolute transparency and the latest trading technology. -
The spread is a key part of any financial market. If you have done Forex trading before, then you have probably noticed that there are two types of prices – an ask price that is used when you buy the asset, and a bid price that is used when you sell the asset. Usually, there is a small difference between these prices – this different is called the spread. Most trading systems and strategies are highly dependent on the spread offered by the broker, and often a spread value that is too high may render a trading system useless. If the trading system requires you to open many positions in a short amount of time, then it is very important that you find a Forex broker that offers low spreads. This is why high frequency traders always pay close attention to the spread that each broker offers. I like scalping technique. I get a profit in the forex business using scalping techniques. I opened and closed the trading no more than 2 minutes. I need the speed of execution and low spreads to gain maximum profit. I am now comfortable trading with this system in the Tickmill
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Trading with scalping method requires expertise and skill that good. novice traders should not be used to using this technique, but can use other analytical techniques which have a smaller risk. besides, if wrong in choosing a broker with a large spread and slow execution speed would be very dangerous. so now I use tickmill. this broker provide me EUR/USD pair with average raw spread 0.1-0.3 pips. Standard commission 20 per million and through my IB I get a 5% reduction. No-requotes on my close to 1700 trades now and Positive slippage on news trading.
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It depends on what goes on in the grey matter between a person’s two ear lobes. For the majority of people, it’s probably gambling for a small minority it’s not gambling at all. That small minority knows if they follow a proven trading plan that has worked in the past over and over, the odds are in their favor and they will continue to profit consistently. So, if you trade like the majority of people, you are a gambler. If you trade like the proverbial 5% you are a true trader and not a gambler. To be successful in Forex you cannot gamble, you must become a true trader with the odds in your favor
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Deposit / Withdrawal Options Deposit and withdrawals are available through Client Area. For Clients who still have not registered in Client Area, we temporarily support old DEPOSIT and WITHDRAWAL pages.
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The spread is a key part of any financial market. If you have done Forex trading before, then you have probably noticed that there are two types of prices – an ask price that is used when you buy the asset, and a bid price that is used when you sell the asset. Usually, there is a small difference between these prices – this different is called the spread. leverage will help traders to improve the balance so it can trade using small lots and spread helps traders to be able to get the difference between bid and ask prices are small. Now I am trying to combine the advantages provided by the broker Tickmill with a leverage of 1: 500 and Spreads from 0 pips
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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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practice to be consistent on the profit obtained
uncle gober replied to rizal83's topic in Forex Newbies
There does not seem to be the easiest way to gain profits, a lot of things needed to be able to get profit from forex trading that we know have a high risk, that we can do is minimize the risk of forex trading, and both seek or learn the system in accordance with the trading style us or by using a demo account to practice trading before we trade using real account. In addition, open your eyes and ears wide for any information related to forex trading is also very necessary. including market news provided by financial analysts the world. -
Importance of Demo Account/virtual account in Forex
uncle gober replied to abdulla1's topic in Forex Newbies
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.- 751 replies
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- forex virtual account
- forex demo account
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Trader of the Month Each month Tickmill gives out a 1000 USD prize to the Trader of the Month who shows not only good profits, but also excellent risk and money management skills. As there are quite many such traders at Tickmill we hope it will be a good opportunity to get to know at least some of them. The next winner could be, well, you!
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We can use demo account to make practice in forex trading. It's free risk but i also doesn't mean that we use it for trading without rule. We must maximize demo account as well as possible. By using demo account, we can learn about forex trading and it will be useful when we are trading with real account. The experience will help us to prepare ourselves to face real market situation. And using real account, we can earn money. But real account with minimum deposit is also good for making practice to hone our psychology
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leverage and spreads and margins are very important in forex trading because this term determines the trading position. The use of leverage should also be tailored to the ability of capital. because small capital so now I use the leverage of 1: 500 with very low spreads given by tickmill
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As long as we are comfortable trading with a broker that we use and the process of our withdrawal and deposit processed without many obstacles seemed to be no reason for us to change the broker that we are taking. Like I chose Tickmill, with tight spreads and fast execution, and my withdrawal and deposit processed without any problems, no reason for me looking for another broker.
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Tickmill, a new entrant to the online FX and CFD market has come out of January, with its head held high. The CEO of Tickmill, Sudhanshu Agarwal states “I am proud to state that even after covering all losses of our clients during the SNB announcement, Tickmill has been able to post a healthy profit for the first month of its operations.” Mr. Agarwal continues to say, “It is a testament to our whole team that follows the checks and balances set in place by the regulator that has allowed us to be in such a position despite the roller coaster ride that this month’s volatility has brought.” Natalija Kozlovska, Head of Marketing comments, “Our values of having complete transparency and providing clients with high quality trading services matched with customer focused service has helped Tickmill grow its client base over the month.” Ms. Kozlovska further reports that “most of our clients have come as a result of referrals from our existing happy clients.” Tickmill is authorised and regulated as a Securities Dealer by the Financial Services Authority (FSA), Seychelles with a licence number SD008.
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Spread and leverage are two important factors for traders to choose brokers. It's very important to choose only the best forex broker which would have attractive leverage (:100 or 1:200, 1:500 ), because such sites can be scam). We need to invest our money only into most trusted Forex brokers. otherwise, you can loose all your investments. Every new forex trader should choose one of the best and most attractive brokers and he should work only with one broker at first. How about you?
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Scalping is a short term trading .The beginners love this type of trading because they get results in a short time and they concentrate on trades for some moments . They can get a small profit soon from a trade .I think scalping is good for newbies for getting experience of trading and for getting some profit .Beginners also face loss of a little amount of money from scalping by setting stop loss order in their trades . Some people think that it is a wastage of time and it is not proper trading . How about you opinion?
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Hello everyone, I want to know which broker you guys are using although we know everyone has their choice and favorites so it would be great to know that. Personally i love Tickmill as it is my first broker and i have never faced any issue with it which is what makes me stay with them and love them so much. Please kindly provide your views about your favorite brokers.
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Hello everyone, i want to ask you which broker you are currently trading and what is the spread it has? I have been trading with Tickmill and it has one of the lowest spread for almost all pairs and also keep in mind that there are many brokers who does offer low spread but whenever there is a good chance to trade it jumps up seriously high but with Tickmill it stays same for almost every situation.
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Tickmill appoints former GFT executive Sudhanshu Agarwal as Global CEO Sudhanshu Agarwal has previously held positions at respected brokerage firms, such as GFT and AvaTrade in Australia, and now joins the management team of Tickmill Retail FX broker Tickmill announced today the appointment of Sudhanshu Agarwal as Global Chief Executive Officer effective January 28, 2015. After a decade of holding key positions at respected brokerage firms, such as GFT and AvaTrade in Australia, Sudhanshu Agarwal now joins the management team of Tickmill. Mr. Agarwal has previously overseen all key aspects of the brokerage business with a strong focus on customer experience, regulatory compliance and high performance forex operations. This appointment follows Estonian firm Armada Markets having moved away from retail FX business and transferring its retail and commercial direct FX business to Seychelles based Tickmill. Sudhanshu started in the industry at GFT and most recently sat on the Board of Directors for regulated firms, such as USGFX and Responsible Manager for Direct FX. Previously he served as CEO – Australia for AvaTrade while launching the Australian branch from the implementation phase through to live operations. As Responsible Manager (RM) for ASIC approved firms in derivatives and foreign exchange, Sudhanshu ensures Tickmill will benefit from his lengthy industry experience in meeting different-standard compliance, finance, AML/CTF, and customer funds segregation obligations and requirements. Sudhanshu says he is determined to “provide an honest service that is client focused and delivers the best trading conditions to the client. With Tickmill, I have the opportunity to develop a company on those main principles.” He continues, “I have had most of my former years of education in the service industry, hence providing quality customer service is part of my DNA.” Natalija Kozlovska, Tickmill VP of Marketing comments, “Our team pursues the clear vision to have Tickmill recognized as a respected leader in the retail financial brokerage industry, a customer-preferred broker for high-quality trading services and an excellent customer experience. Sudhanshu shares the vision with the team and will be a great leader to take the company to new heights.” Amongst current Tickmill’s attractions to retail brokerage clients are, spreads from zero pips, a transparent ECN (full STP and DMA) platform permitting all strategies including scalping, and a wealth of diverse trading instruments currently including 64 currency pairs and precious metals, while CFDs, and related commodities will be introduced over the coming weeks.
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Demo account is one of the powerful tool and a lot of knowledge, experience, trading skills and good money management policies through regular practice and moreover, demo account is big source of learning also enabling traders to survive in real trading account so demo account has special importance in Forex trading