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euro
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Everything posted by euro
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Importance of reviewing our trading history
euro replied to PROPENSITY100's topic in Forex General Discussion
Yes, I think its imperative to always look at our performance since it will help us correct a lot of mistakes for sure. I always check to make sure that I'm doing good and that I'm not losing too much. Sometimes in forex, all you do is lose and lose some more so you must back out of the market and wait for a better time or save your money since you might not always be able to make a profit all the time. -
why many people see forex trade as gambling?
euro replied to rockstar's topic in Forex General Discussion
You lose a lot of money in a short time so that is more like gambling losing. In gambling you can lose a lot in a short amount of time. Sometimes, the market is so bad, you only see it as a gamble and there is no way to control it but to exit a bad trade so that is how I view trading sometimes. I think you might find it very hard to control forex and it reverses on you whenever it feels like it. -
I think you use it for as long as you desire. The demo is really useful for anyone who is serious about trading. You sure can't go without it. I would suggest that you use it as long as its necessary until you grasp the topic fully. Even with some extensive trading experiences, traders can still lose a lot of money. I think a demo helps you but it doesn't guarantee that you will make money in a real account.
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You need practicing in a demo but in a real account there is no more practicing since you can lose at a blink of an eye so forex is very hard in a real account. Those that trade knows this. Therefore you should beware of this and try not to trade without learning first in a demo. A demo is very valuable for those that are serious about trading. I think in trading you can be sure that there is a major difference between the two. You will never profit in a real account like in your demo.
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If you really analyze it then its not the same but if you trade on a bad day then losing is just as quick as in gambling so beware. Its very difficult to trade in a bad day or to trade overall. Also it depends on what brokers you trade with too. It just seems that some brokers will make you lose and lose and lose and there is nothing you can do about it. I think they might hedge against you. So beware of many market conditions that makes you lose. The losing is just the same in gambling.
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I think for newbie they should understand that forex is so risky and that they will lose tons of money if they trade with lots of money right away. I think preventing total loss is so much more important as the first step for the newbie, they must learn how to not lose lots of money. This is the first step to forex. I think the less the better for newbie and even experienced traders lose massively so losing is something that we must all beware of and we shall do better that way.
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THIS HOW TO KNOW WHEN TO BUY AND SELL IN THE FOREX TRADING
euro replied to smithlover84's topic in Forex General Discussion
Its all different with each case. You are buying in hoping to turn a profit. If you buy high then you can't really sell too high to profit so hopefully you will try to catch it while its low. As long as you make a profit then its ok. I think this is a skill that you must learn. You must learn how to buy and sell so that you can make money. Its about profit. You will learn this as you trade and if you lose then you will learn it next time. NO one can tell you the perfect time to buy. -
Has anyone notice if the site is any faster cause the last time that I was here the site wasn't that fast. I'm hoping that the admin would correct it since its slow and its preventing me from participating. I think the site is a nice site with no limitation to post and I have some credit over there but lately I can never scroll down the site anymore. It takes like five to ten minutes to be able to scroll down. Anyone with the same problems.
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They accept perfect money and paypal. For some country people can't use perfect money so they're stuck with paypal and the admin there never have paypal funding and it takes a long time but they try to make it work. PM will work. I think PM is a great way for some foreign posters but for me I only use paypal but the admin only pay like once per month on it. There is no delay in payments if you use pm and only for paypal users so don't use paypal. I don't know what the deal is but the admin never have paypal funding.
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I think I would post there again if the site is not slow and its faster. If its faster then I would definitely go there and post there again. I think posting there is a great thing for me since they have so many topics and the staff is always friendly but such a disappointment but the site load so slowly. I wish it would load a bit faster. I think the admin ought to take a look at that. As soon as its fixed, I will be back there to post. I think he's trying hard to make it all work out again though.
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Digital Cash Palace Forum - DigitalCashPalace.com/forum/
euro replied to ghaffarahmad's topic in Get Paid To Post
I think as long as you're not spamming and you're giving a good discussion you should be fine. I think they're not that strict but definitely not that easy either. They will put your post in the junk folder if its not up to par. I think you just need to try to do it good. You ought to give it a try. Its a good website to post for cause they pay really fast and the fastest so far online. -
I don't know about being consistent though since the market controls us and we have no control over the market sometimes we can't even have the profit that we desire even if we try so therefore just keep doing good and don't be too specific on the goals. I doubt that anyone can keep the goals though. I think as long as you don't lose and you gain profit then its good enough.
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I'm quite sure there are many things that brokers don't' tell you. I think they do trade against you and they do cause you to lose. They might have slippage and might have high spread and might have softwares manipulation to cause you to lose. I think there are problems with brokers so I would advise people to go with the best and most trusted and well regulated brokers.
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Importance of Demo Account/virtual account in Forex
euro replied to abdulla1's topic in Forex Newbies
Its necessary for all newbie to use a demo since we learn of all the tricks there and its imperative or else we will lose a lot if we have no skills at all and no experiences. I think its a good idea to practice a lot in a demo but keep in mind that even practice in a demo won't get you that good in a real live account so also use a cent account after a demo to learn some more and in forex there is never enough learning.- 751 replies
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- forex virtual account
- forex demo account
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I think I like stock better due to lesser risks and great for retirement and great for your future. Some companies like Walmart or Coca cola or American Express are good buys. I think there are more security in stocks than in forex. I enjoy the stocks market a lot and know a lot about it. I like it when its less risky and you can say that you own part of the company.
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Many brokers offer you some bonus but its only a couple of dollars so it isn't going to help a lot. Just a couple of dollars isn't going to get you rich though but beware of the hook. they hook you in with some free bonus money. You get five bucks but then ended up losing like five hundred dollars on your first day trading so beware. I think its nice to test out the broker that way but still you need to learn how to trade so you can avoid losing money.
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I don't think college would offer forex since its too risky and teaching people to lose money is not something that most college think it ought to do. I mean people can become less productive if they lose a lot of their money and become addicted and have no real life skills so they must allow people to learn only of real life trade. If you have been a trader you know that its easy to lose lots of money quick in seconds in forex so I think colleges want to teach you that and its like saying they should teach people how to play poker for a living.
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Username:Euro points: 200 processor: skrill ID: webtertainments@gmail.com Thank you very much.
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Digital Cash Palace Forum - DigitalCashPalace.com/forum/
euro replied to ghaffarahmad's topic in Get Paid To Post
Well for me I post one hundred percent forex and I don't know anything else except forex so forex is my favorite section there and thankfully he does pay you all of it if you do post all in forex. I post all in forex there and love it and see many great replies from my fellow posters as well. I think posting there is really fun and I love posting there. I think posting there will give me some fun on my spare time. -
The admin still owes me money from four months ago and he does not care to pay anyone at all. I'm so frustrated, lost my money so I don't post there and do not encourage anyone to post either. I think the admin is broke so I urge you to join other sites to make money. I think he lost money in LR reserve problems as well. I think a lot of forum owners learn from LR problems.
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Well he's not paying that fast either and the site is loading so slow and I can't post at all cause it doesn't load for me. Mainly cause the site is full of content so it load slowly. He should think about cleaning up the site to let it load faster. He ought to fix it or else he will lose more members. I think he's trying hard to earn funds to get posters to join again.
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The site is getting popular but the admin will not pay via paypal when I request it and I've waited like one month now so I think he just like to abandon people that's all. I mean how long does it take to fund your paypal account and I think he does not like paypal users or something like that. I think its just so weird or he's just busy and don't want to deal with paypal.
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Forex is really good. Forex is good if you know how to trade and you can make profit right away on a good day. Do pay attention to bad market as well. In forex, there are plenty of bad markets as well. Stocks are so much better though. Stocks are more stable and good for retirement and you won't have to take a lot of risks if you choose the right ones.
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If you have three grand you should consider long term stocks as you might be able to make more money from it then not. Yes, stocks can yield better earning than forex and forex is way too risky you might even lose it all after trading so make sure you put it in a saving account or buy stocks with it because at least you will not lose all of it in stocks but you can in forex.
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Forex forum Do you think forex forums can improve my trading skills?
euro replied to flybiz08's topic in Forex Newbies
Yes, they can help you learn from real traders experiences and sometimes it might discouraged you from participating at all. If you lose lots of money you might not end up trading and you might quit or if you hear depressing stories about losing you might be more careful with your money. Or if you hear of scams you can stay away from tehm and so one so forex forums can provide you with angles from real traders so it does help a lot.- 456 replies
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- importances
- added advantage
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