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adil007
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Lower leverage is something we should use in two terms, first is the time when we do not have much skills and knowledge while second is the thing when our investment or capital is big in our account that is the time we should not risk our investments with big leverages since losses could be high in that time and it could wash our accounts.
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Well in a way we can definitely say that the traders who are using robots for trading are lazy and they do not want to make effort for themselves to earn good amount from forex trading, I do not know about what happens in banks when they trade so I cannot say anything about it right now.
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Is it possible for me to sell my forex account online
adil007 replied to chuna1985's topic in Forex Newbies
Exactly if brokers find it out they would definitely delete that account and freeze it which means that the person who is owning the account would be in trouble as he would most probably lose his investment if made any plus the money he used to buy the account, so this thing is pretty risky to try. -
Well I am currently not doing trading because I do not have much time to give it to forex, it is really difficult to manage forex trading along with other offline activities which consume most of my time nowadays, so this means that I am not using any leverage right now but I would recommend 1:100.
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Well this thing depends on the market as well as ourselves that is our skills, if we can manage more than one trade per day we should go for it but we should not over-do anything in forex trading because that leads to loss in my view so keeping within our limits is the best thing to do even in forex.
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What do you think about free deposit from broker promotion?
adil007 replied to kaito kid's topic in Forex Newbies
It is definitely a good idea and a good approach made by brokers in order to get attention from their audience and forex investors, this acts as a motivation for those who are investing in this business and they definitely feel good about getting some extra credit into their account as a bonus. -
Exactly this helps us in making trading even though our account has low amount left in it, I like the idea of being able to trade with leverages since we can use it in the way we want even if we do not want to apply it is our choice and we can set it to 1:1 for that purpose.
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Well in a way you are right, he just wanted to gain attention and make users strive for getting referrals to win the contest but we knew that there was not a big possibility at all to get 50 referrals within a short span of time, however I am surprised by how admin is able to make the forum full of sponsors.
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Yes you are right that fxfred is the one main forum which has been able to survive for a long time and it is still here with more and more members coming towards it, I hope I will be able to become an active part of it in the next year's beginning.
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I although got a little bit active over here yesterday but I am probably going to wait to see a payment from here since there is already a request been made and if a payment is done then I would start my activity there, the forum uses adsense ads and in my view it would not be able to survive much long just like that, it would definitely need a private sponsor.
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@Decub same here though my time span has been more, I hope that I get some time or make some time available so that I can become active on mtw as well since I have not been able to make be active there at all till now. I would probably want to start there by starting of next year.
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Well it seems that another fourm has gone down, I noticed that a lot of forums have been converted to non paying forums recently leaving with a only a few forums which are still legit and paying, I hope that this ptp thing does not come to a complete end but if it went on like this it might in my view.
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Yeah if I am not wrong the 50 members have been completed of the contest which the admin had opened and there has been no update to that after the time when admin told that winners would be paid within 24 hours and that was on 22 October which is a long time back as well.
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I suppose this thread should be closed or should have been closed till now, I wonder why is it still open since it has been a lot of time that the site has become non paying. I think I did not get to know about this ptp since it had went down even before I had came into the ptp field.
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Thanks for sharing it, I just registered with them and now currently I have started posting as well, I hope that they stay for some good time and I noticed that the forum is using mainly google adsense advertisements and not private paid advertisements those would be hard to maintain.