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Stekin
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Everything posted by Stekin
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Lower leverage is equal to lower risk and I'm sure this is the main thing why some traders prefer low leverage and not only newbies. There are some of the traders who are more concerned about not losing so much and their main concern is that of learning from whatever losses they have included. This thing is one of the reasons why there is increasing need for newbies to understand leverage system and how it works.
- 247 replies
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- leverage in forex trading
- Is lower leverage good
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@sidejob, it is a legal investment but some time ago, I learnt some countries are against this thing and it is not right for their own citizen to partake in it. I also learnt some countries block accessing some brokers or all brokers which are not their own broker and this thing seems to affect those that want to trade from that particular country too.
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- long term forex trading
- risk in forex investment
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This time that tablet is now rampant and other smart phones, you will find out that there are so many people who have more smart phones with wider screen sizes and they are able to enjoy trading on the go. This thing is also good for those who are field workers and will not have much time to focus on a laptop because they can monitor their account from the go.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Should I put a lot of indicators on my trading chart?
Stekin replied to flybiz08's topic in Forex Newbies
A lot of indicators will never help the trader but there are those who think that because indicators are signs of signals, putting so much of it will make them successful but this thing is not true because so much clustering of the chart will only lead you to more and more losses and you will end up losing more also. -
Then this is the main reason why to they have to first of all think of it before coming into Forex. We don't just hope to start trading when we know we are not having a very good knowledge to even trade. Forex needs that the person will have to first focus on how to get the knowledge first and one of the ways to get this knowledge is to know what Forex is all about and know how to manage it well.
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There are many ways to learn how to trade. Trading is knowing and also learning how to understand the businein such a way that you will end up getting the best from it. In this way, it is good thing that we need to understand how we can manage your skills and also, they need to practice how to be patient because patience is what all traders needs to start getting what they desire to get.
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Ever burned your A/c due to forex margin requirement!!!
Stekin replied to yogeshwartyagi's topic in Forex Newbies
Some newbies can do this thing even though that they don't intentionally do it.I think that some people will just know that they have ended up blowing up their account when it is not in their plan to do so. Some of the times, they end up getting the opposite of what they bargained to have and this thing usually affects their performance.- 76 replies
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- strategy enhancement
- margin for long trade
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You need to learn how to trade in the Forex business because those who are good in it are not the ones who just came out of it. They are the ones who learnt about trading from the skills that they have and this thing is something they got through hard work. Any body can be able to make money in the Forex business when they have the skills to make that possible and this is what is achieved by hard work.
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The thing is that if any trader thinks that he or she doesn't have enough trading capital, then he or she should go on with whatever he or she has and not to think it is only with bonus that he or she can raise capital. Bonus is meant to welcome you to the trading environment and not what will automatically give you a trading capital to trade with or what gives you the earning you need to have.
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Aspects to consider before you trade in FOREX
Stekin replied to omar.elalfy's topic in Forex Newbies
@sidejob, I agree with you. There are those who don't even lay emphasis that this business is a risky type of business and they just end up trying to do it because they want to do it. Forex is a risky business and this business also requires that the trader learns how to manage his or her skills very well in other to make something from it and in other to become a successful one who gets the best from Forex. -
I do because I have tried to over trade at some time and I found out that this thing led me to so much losses. I feel that if I leave my position for some time, that may be I'm going to make some more profit but when I tried this thing, I discovered that what I got myself was yet more and more losses. Knowing how to trade is one thing and another thing is also how to have a good control over it.
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What we can learn is only from our plans. There are people who want to plan well and they end up in better profit and also management of it. If you can't manage Forex well and you can't also manage whatever profit you are making, then it becomes a problem for you to even move up. The main thing is that of knowing how to manage Forex and also how to get in when you have lost and not to blow up your profits.
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What factor is help to consistent profit in forex?
Stekin replied to Upul Tharanga's topic in Forex Newbies
Patience is also good thing. If the trader is good at having patience, then he or she can be able to understand and develop his or her knowledge and make the best from trading. Knowledge is what is more important for anyone who has the dream of becoming successful because if you have a good knowledge, then you will be able to understand how you can manage Forex well too. -
Mythology is in Forex and there are so many people who believe so many different things about Forex which are not true. Some people believe that Forex is a type of business where losses are something that you cannot run away from why there are still others who think that in here, you are definitely going to make such a huge money that you will never imagine.
- 65 replies
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- forex misconception
- top forex miconception
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Different brokers have different expectations and they also have different things in mind. Their main aim is to make sure that they please their traders ad that is by giving by them satisfactory service and that is the reason why it is good that traders look out for brokers which serve the purpose for which they exist. There are some brokers who are just there to milk non suspecting traders.
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I think okpay is concentrating more on Forex, bookies and PTC. Maybe in the future, they will think of increasing their popularity into some other places and gain so much attention there. They have been moving slow and steady and no body will think that they are a walk over because they have seen so many payment processors come and gone and they are still waxing stronger than before.
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I will say that payza is now coming back gradually because in my country, some of the payment processor exchangers are beginning to add them gradually and they have commenced activities with them as they used to. It seems that this payment processor is one that definitely will not go down because there are some kind of stable management within their administrators which is also what keeps them up.
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@myregister, you are very right. Webmoney is like a national career to Russians and that is also the main reason why it will be so difficult for USA to touch them. I think USA will just have to learn how they will cope with what they can't control because in this time, webmoney has stopped their transaction with USA residents and this thing is definitely going to hinder the process of transacting with them or US thinking of probing them.
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STP is a very strict payment processor and that is the reason why I don't like them that much. For one to be able to transact with them successfully, you have to be so careful because the slightest mistake you do can lead you to the kind of ban you can never had imagine. STP is one of the payment processors that some people who are into some kind of rev share make use of but they apply a lot of caution when doing so too.
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Yes you are right but right now, I don't think that they are gaining so much popularity as they should because they are a big payment processor and they should have a very big control in the market. I think that one of their major problem is the fact that they seem to have so much rules which even their popularity has not even reached and that is why they find it so difficult to move on.
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@Bob, PayPal is the strongest payment processor till date. Even though that they want to split fro eBay and go their separate ways, there is still the indication that they remain strong. What they are only planning to do is to have different managers n the helm of affairs and right now, it remains a rumour to say that big online store owner; Alibaba wants to acquire this payment processor.
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I think I don't remember this payment processor so much because I think that they have even closed. Since it came into existence, I have not seen it grow so much popular and it also seems there are not so many who have trust in it. Some payment processors like payeer may not have come close to it if it had fastened its seat belt and woke up to the challenge to make the best from it.
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@myregister, I'm not sure if there are those who will agree to use it because it has low fees. So many people want to make use of a type of payment system that there are so many people using it so that they won't find it difficult to exchange or to interact within it. Neteller is popular though but I'm sure there are still so many people who are yet to start using it or so many who don't even know how to use it or know what it is all about.
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Of course. Perfect money is so popular in HYIP and that is because anybody can easily open account with them and operate fully without verification. Perfectmoney is the choice of so many admins of ponzi because they can easily get away with whatever they are doing and they know too well that this way, they won't face any dispute from their investors in any way or manner.
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There are so many people that are still doing the business not minding that they don't make profit. Forex is a type of business that can give any type of trader a chance to make what good money that he or she wants to make provided that he or she has a good skill and knowledge to do so. The main thing here is that the person has the skill and knowledge to get to the point where he or she wants to get to.