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Stekin
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Everything posted by Stekin
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But this thing is true that in Forex, you cannot always recover your losses the way you have ever wanted. This thing is the main reason why it ie very much important that the person will learn how to manage risks in the first ace and know too well how he or she can be able to understand and control the kind of expectations he aims at Forex so that he or she can make a good thing from it.
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Binary trading is safer than Forex trading?
Stekin replied to Milo Beck's topic in Forex General Discussion
Binary trading is not safer than when you are trading in the Forex market because Forex business has lesser risk because of the time required. Binary is a sharp means of trading that requires you to conclude your trade in a very short period of time while in Forex, a longer time is required unless you are a scalper that wants to trade sharp. -
Its floating spread that is most preferred. Well, it is a matter of choice too because when a particular trader prefers to have a fixed or floating spread, then it is a matter of having a broker with such arrangements. In all of it, having a tighter spread is more economical to the scalper who is sure that he or she is not going to waste all of his or her profit in paying for spread.
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[nordFX] How to Open Trading Account with NordFX
Stekin replied to tifagabe's topic in Forex General Discussion
I really doubt if there will be any particular broker that wouldn't offer support in real time. That said, there are so many broker one can trade with and still make something good from them provided they are ready to work things out and also have a good knowledge of the way to make things work out for them too. That means the most important thing is that of knowledge. -
They used to be cheap and it means that they gained their popularity that time when they we're that popular. Perfect money came in immediately after liberty reserve went in and this thing took them up. I'm sure the reason they included verification is because they want to make sure that those who are from USA will get fished out before they can enjoy the low fees.
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They don't care if they lose that such number of users. I think that what webmoney wants is to have their own autonomy without being affected by US laws. They know too well that US is always infringing on countries when they think they are monitoring their citizens' account so as to avoid others from reaping their members off.
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And in my country and so many online earnings are not using it too. They will not gain so much popularity because of what affected egopay and some quarters have pointed out that they have a link with this one. I think that I will not be a party to this payment system because of the way egopay went down. This is basically what affects the popularity of this one these days.
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Yes but I'm sure Okpay remains a strong contender with them. This okpay of a payment system is not too popular but it is also not the type that will easily go unnoticed because there are those bookies who still make use of it. Until now, even a popular get paid to like donkeymails use this one. I think that this payment processor is one that is waxing strong even though it is not too strong.
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But I think that those people in the USA are enjoying this payment processor because they don't seem to leave it. STP seems to be more and more popular among them since they cannot use other ones like perfect money and Okpay. This thing has made it become even much recognized among them and has made it a popular one to choose for online investment.
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Neteller didn't win so many people heart in my country. This is what I think of this payment system because they should have used the opportunity to win so many people's heart but this was defeated because until now, they are yet to move to the point I expected them to have moved. Maybe it's because there are already so many processors that it will take them time to move high.
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He doesn't because I feel that he doesn't have a focus on what he or she was expecting from hd money. He only wanted to create a payment processor because there were payment processors without knowing whether to continue with it or how to even make it become popular and that was a silly thing because it affected the way that payment processor would have grown.
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The real account is good to work on it when you have had a very good knowledge about Forex because without having a good knowledge and you attempt trading, then you are bound to lose even more because lack of knowledge is enough reason for you to get discouraged and quit trading in the business.
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I also heard that some of the countries who have strong virtues may not support certain features of the brokers like where you have to pay for swap. There are many sides to this and so many people think differently about this thing too. It will depend on the person who is doing what because that is what gives you the chance to know what you desire to have.
- 336 replies
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- long term forex trading
- risk in forex investment
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Just as you have stated. For me too, I will prefer to trade with a pc instead of through mobile. Mobile trading is for those of them who want to monitor their trade because I don't usually see it as something that I should adopt when I have the whole time to trade with a pc that can also give me what I want and without hiding any features.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Importance of Demo Account/virtual account in Forex
Stekin replied to abdulla1's topic in Forex Newbies
This is the main reason why there are so many people who don't usually trust in this. They don't want to think that when they are gaining, that it will only be a virtual gain without profit because once you are trading in the demo account, everything is a learning thing because you won't end up in profit since it is all a virtual account without any profit there in.- 751 replies
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- forex virtual account
- forex demo account
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If the trader has a good capital without the need for extra capital like bonus, then there won't be any point that he or she is looking for any extra capital. If the person only wants to try with the bonus which the broker gives, then there is also nothing stopping him or her from doing this because Forex business presents you with the way you want it.
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Should I put a lot of indicators on my trading chart?
Stekin replied to flybiz08's topic in Forex Newbies
Newbies can also learn how to be fundamental traders and with this one, they will not need to have clusters of indicators. Trading with indicators is optional and when we talk about using so much indicators, it is the choice of the trader and it varies from trader to trader because while there are those that like it so much, there are some that do not like it at all. -
How to study is by knowing how to trade. Knowing what Forex is is also by taking your time to be able to study it well and learn from it. You can learn on your own and also achieve whatever you want to achieve because the main thing is by knowing what it is that makes you the kind of trader you desire to be and be willing to take it to the place you need to earn well.
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What factor is help to consistent profit in forex?
Stekin replied to Upul Tharanga's topic in Forex Newbies
@aliforex, that is good thing too. If we join forums, we can learn how to trade and we can also learn from other traders who have more knowledge and more understanding of how to trade and this thing can make you to become a better trader. The main thing that the newbie trader should pursue is how to know the strategy that will work for him or her because that is what makes them that profitable. -
If we prepare very well in the Forex business, then we will be able to understand how we can earn well. The main thing that leads to making money is that we made a good preparation and we also understand the importance of knowing how to follow our dream up in other to make it work well for you. It is only when this is achieved that the trader can move up to success and make it.
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- life vs forex
- discuss life vs forex
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Lower leverage is good for newbies. This thing will mean that they won't end up expecting so much profit also because you won't be able to make high profit with low leverage but it's still good if a trader gets to understand how to invest in the Forex business with lesser capital than putting in so much of a capital into it when he or she is still in the learning process of the business.
- 247 replies
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- leverage in forex trading
- Is lower leverage good
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I'm not sure if this is true because I don't use Skrill but from what I have heard other people say, it seems that this skrill is so strict that they prefer to do their verification manually which I'm not sure there is any other payment processor that has tried this type of thing except them.
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Maybe when the person is not a newbie yet. A newbie trader should learn how to trade and be able to take the knowledge that he or she has to make money. Having the idea that robot is the best place for you to earn is a bad thing and this thing can make a trader to lose money when he or she should earn.
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Practice make perfect and the more we are practicing will be the more we are going to earn. All we need to understand the way to earn and to get the best from Forex is by hard working. If you are ready to work hard, then you will also be ready to put in your best to improve your skills and learn the ways to make things work out well for you and make the best thing from forex.
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Even though you can be able to offset the capital, you should know that it is not actually a small capital and you also need to know that someone who is earning such amount on a daily basis will never be common. There are so many traders who are trading in Forex but has not seen that amount of money on a daily basis since they started trading and it does not seem to be affected in any way.