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Decub

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Everything posted by Decub

  1. Suing them is quite possible, most especially, the regulated brokers but then, you have to be very sure you are on the right track. They've got some good legal team which requires same to match them one on one. However, you can have an option like that of IAFT to do it for you if you registered through their affiliate link.
  2. The real reason behind money management is that the trader adopts that which he thinks fits best for him. It doesn't necessarily lie on a fixed form of it. But then, o believe a lot in risking a small portion of your capital at a time, and also, ensuring the use of stop loss.
  3. IAFT is really a great opportunity for traders in a variety of ways. It offers them a chance to have a rebate of whatever trade they perform. This is quite a very unique opportunity for traders in the form of refund for each trade. The professional help members especially new ones also receive from their staff gives a lot of courage and confidence.
  4. Besides regulations, low spread is another important factor to me personally. I prefer brokers that offer very low spread. It hurts more when you have to eat deep into the little profits you make all in the name of spread. This hurts even more when you are a scalper. It makes you lose almost the whole profit to the spread.
  5. Either way, the most important thing is that the trader makes more profit than he loses. I will like to attach to the lion end of the explanation but then, it doesn't in any way, give a trader the guarantee that if he strikes at the appointed time, that there is an assurance of making profit.
  6. Managed account is a way am investor can possibly invest his money such that he wouldn't be trading and yet, earning. Some traders and investors alike use this means to ensure they have some degree of profit either on a monthly basis or according to the duration set by the account manager.
  7. If a trader fails in the Demo account, I'm sure the trader will definitely fail in the real account. Since those that even made profits in the Demo will come to the real and fail, how much more the other way round. Success in the Demo means you would most likely make same in the real account but not a guarantee.
  8. One of the first and best things to consider when choosing a Forex broker is the regulatory status. That is definitely what makes the whole difference. A regulated broker will give a trader some degree of assurance that at least,his funds are in safe hands. More so to it, the body that regulated the broker is just as important as the regulatory status too.
  9. Trading the news can really be lucrative if the trader understands how to trade around news time. Usually, the high impact news can turn the market and give you a chance to make profit. Entering just few minutes after the news release gives you the best time to take advantage of the market.
  10. Generally, greed is a bad omen so far as Forex is concerned. When a trader is greedy, it takes away the normal sense of reasoning he should have about Forex and makes him think in a way that seems Forex is such a place where he can easily take advantage of the market at will. Greed is capable of making a trader lose where he would have gained.
  11. The newbies should understand that building a strategy is not something that is easy for anyone. In view of this, it is much better if the trader learns how to do it himself. Come what may,he may never find it easy building one but should understand that it brings more satisfaction when the strategy is his and that which he can defend.
  12. I don't see any or technical or fundamental analysis as having any torn of advantage over the other. When a trader is quite knowledgeable in Forex, it doesn't really matter the kind of analysis or the method of analysis he is using. The most important thing becomes the knowledge and how he understands the market.
  13. It's all about the skills. Traders who are much better than other traders are those who went extra miles in learning, in possessing the skills or those who've got the experience. It is what sets the expert apart from the newbie. Trading in Forex and making money thereof is something that lies in how much you understand the market sentiment.
  14. These days, there are a lot of brokers that are on the queue for sign up bonuses. So many of them are offering bonus sign ups and welcome bonuses which has made the business a very competitive one. That has been one of the reasons a lot of people are attracted to Forex.
  15. Fear is one thing that grips a newbie so much. Since he is entirely new in the trading environment, it makes it almost impossible to run away from it. The fear of losing his trading capital and the fear of remaining in the business makes him want to quit trading. This is something he will overcome with experience and learning.
  16. Since Forex is quite an unpredictable trading environment, we do not hope for things to go our own way all the times but only sometimes. The more we trade, the more we discover better ways that we can make money from Forex. That is why we need to always remain patient and learn better.
  17. I leave the scalping system of trading to those traders who have gotten some degree of experience. They just need to trade with knowledge and smartness. The brain behind scalping is to pick pips little by little within a short time frame.
  18. The most expensive mistake a trader usually make is trading Forex without adequate trading knowledge. That is always where the failure starts. It is better for the trader to find a way to learn in details no matter how long it takes. Rushing into Forex to start trading will result to rush out.
  19. Logically, you wouldn't blame them. This is because Forex is all about predictions which is the same thing with gambling bit in the case of Forex, it involves a detailed analysis. Secondly, even being a professional trader wouldn't make you an all time winner.
  20. I devote between 2-5 hours of my time to trade. But then, I don't trade daily so I don't devote this amount of time everyday. I will only trade on days I wish to trade depending on my analysis of the market and the angle of which I think the market will tilt.
  21. I will choose Forex over HYIP. HYIP is just an investment that you can come into today and it winds up tomorrow while in Forex, what you need to have is the knowledge and you will succeed in it. Of course Forex is not winding up any soon, which means, the trader is always sure of it.
  22. Of course, since Forex is quite a psychological business, a trader should also learn how to control his psychologies. That is one of the things that is really worth studying. Psychology and psychological management plays a great role in Forex and sometimes, is the reason some traders fail.
  23. Compounding is quite very much important because the more benefit of Forex comes when there is increased profit. In order to minimize the effect of putting pressure on our trading capital when it's small, we should concentrate more on increasing the capital.
  24. Well, to say that these three are quite important wouldn't be an over statement. Education and skills are the most important and most probably, a tincture of luck coming in along the line. Trading in Forex is all about the knowledge that the trader has and that which he is able to overcome. When there is the skill, he builds a better trading analysis and better strategies too.
  25. Yes, concentration is quite important. This is because Forex is a mental business, analyzing it is something that requires a full concentration of how it works. Therefore, it becomes very necessary for a trader to
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