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Decub
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Everything posted by Decub
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That will even go a long way in telling you how legit Forex is. I mean, the brokers want to be sure enough that they are dealing with real humans who have verifyable facts and they are not stucked with some kinda anyhow individual who just wants to create account with them and bear the name of a Forex trader.
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The live account is where the real deal happens and if someone is not trading there, then apparently, he is not yet set for the real thing. Trading in the live account is one thing that gives you a chance to earn while the Demo account is specifically a place for those who want to learn and perfect their knowledge.
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I do as well and if I don't, I guess I wouldn't have any reason to trade in the business. The main reason Forex gets popular by the day is the fact that there are so many people who want to trade in it and there are also a thousand and one of those who join it by the day. To this effect, one can make money from the comfort of his own home.
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But it doesn't mean if you have the chance to take some big chances you shouldn't take. I know having it in bits is somewhat preferable and it is even one of the ways you can make something good and reasonable from the market and make something from the market.
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To trade in the market, there is actually little or nothing to worry about besides the usual learning to get the knowledge of how to do things aright. Forex is a place where you need a good understanding of how to make things done and how you can earn from the comfort of your own home and it is interesting knowing you can achieve this just with your PC.
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Understanding Forex strategies with TICKMILL
Decub replied to uncle gober's topic in Forex Trading Styles
I don't know if it's from my own side alone or a general thing because I have been trying to load the site without success. Bookmarked the page sometime ago to have it visited at a later time but having issues getting it in. -
You are simply correct. What most people fail to get in the Demo account is that of emotions. By this, I mean that their view of the Demo account is a place where they need to do it in other to have passed that level of learning not remembering that where their real investment is done is in the real account and without getting it right there, it makes a mess of the whole thing.
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I think that BTC may not have gotten the kinda popularity it came with. Even though it is not finally down below, I still do not think it has attracted a lot of people the way it ought to have done because there is this tendency that this one never got so popular from the way it used to be or from the way so many people expected it to be.
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If Neteller can be verified through a credit card, then it can also be verified through a debit card because by and large, they are virtually the same thing in the eye of the payment processor and not seen from the way the bank of the card sees it. If someone has a debit card, then absolutely nothing stops him from getting verified.
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Forex is a place to know what you want, know what the business presents to you because as a trader, you don't have to believe you will make it at all times and it is not always all times that you make it the way you had wanted to. That is basically the main reason certain people see it as a gamble that is filled with ups and downs.
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Take it with passion earning from Forex because it is a a way some people get their daily earning. There is the chance of making money in Forex and if by any chance, anyone wants to make something from the market, then it is important that the person looks at what he can gain from it and in this case, know what Forex presents to him.
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Should I put a lot of indicators on my trading chart?
Decub replied to flybiz08's topic in Forex Newbies
As a newbie, the person is bound to ask so many questions in other to get the best when it comes to skills. As a matter of fact, it is even recommended that newbies always ask questions in other to also understand things about Forex well enough so that they can always make better choices and decision when trading. Lack of understanding has always been the major reason so many find it difficult moving to the success line. -
That's true and that is why it is better having a better having a better capital when trading. Forex is in fact, something that somehow, has a lot to do with what investment you have put and your capital because it will rather be absurd for one to think that he can make millions of dollars with just a little capital because he wants to increase leverage and lot sizes.
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But there are a thousand and one of those who don't believe in it. As a matter of fact, for them, there is nothing like the Demo account since they know too well that they can't earn with it. It rarely makes sense to them answering a trader who is trading in the Demo account when it's crystal clear they ain't getting anything from it.
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All forms of investment ends up in getting what we can fall back at as profit. A trader trades because he wants to make money and for you to also make that money, there is one thing required of you and that is the fact that you understand how to take Forex as a business where hard work pays because that is the only way for you to get to success.
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Importance of Demo Account/virtual account in Forex
Decub replied to abdulla1's topic in Forex Newbies
It can't be over emphasized when we talk about the benefits of using the Demo account as a way of learning how to trade. That not withstanding, it is also important that the trader knows what to do and realize that the Demo is not what is responsible for earning. With this, there is that zeal to also try out the real account and earn in the process. -
If you don't have good knowledge, then it is better to have a back up of earning because Forex is not something you will just assume that you will earn well with when it's crystal clear you don't have a good knowledge about it. It requires a better understanding of how to work on it for you to also get the best from what it presents to you.
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That's right. One of the ways to success in other businesses is to know the way to the business. There are so many businesses one do or one can venture into but the only condition to set you to where you want to be is that you are able to make that which you want to make and if for any reason you want to trade, you need to understand it.
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Trading on mobile is a thing of choice. While there are those who derive joy in doing so, there are so many others who are good with PC and can't attempt to trade on mobile. A trader who understands how to manage Forex well should look at the possibility of analyzing it well because that is what is of paramount importance and a criteria for earning.
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There are many traders who see it from that angle even though it's not supposed to be so. Investment so far as Forex is concerned is supposed to be something that deals with knowledge. It doesn't matter how much you get as bonus but your ability to make that bonus count for you. Someone who doesn't use his bonus well is as good as not having any.
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Yes actually, even though it is a general thing, it doesn't mean you won't find the best among them or even the worst among those that are offline. The main thing is that you get that thing which is what you want to get and that is where having a mentor comes in. If you are better off learning from some people, then that becomes the best of things to do.
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I also don't think so because as long as they remain focused to what they want, they can achieve what they want to achieve. I think Ebay just wanted a different sort of directors to manage it and make sure it is distinct from the parent company which has made it something that stays on its own and also functions effectively.
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That's right. Personally, I'm a verified PM user and I had to do it sometime ago when I was involved into exchange and it requires that I had make multiple exchanges per day and with almost 2% of the exchange amount, I thought it wise getting my account verified which was hitch free.
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They deliberately stopped US residents so I don't think they are the ones who want US again. I know there was a time when they were accepting US residents but stopped it in the wake of LR downfall. I think it was just a drastic measure to forestall what happened to LR from happening to them as well.
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I'm happy Payza is gaining more and more momentum these days in my country and there are so many who have started exchanging as they used to. It is even interesting to know that the value is gradually increasing from what it used to be and I will say that if it continues that way, then it will grow even more popular in the nearest future.