pinoycity

But then again, it will all depend on how much we understood what the EAs are saying. For all we know, the EAs are actually giving us accurate signals that a trader just do not know how to use them.

But we can trade using little money so that even if we will not put stop loss, we will not end up losing much. But we will not earn much too, should the market agrees with us.

And it is also about being on top of the situation all the time. A trader has to be in control of his head and heart, especially in times when you are losing big. You have to get hold of yourself and analyze the situation and not make decisions abruptly. This is the risk you face when you are in a real trading. Demo trading will not give that headache.

These brokers who give welcome bonuses will not really allow a member to withdraw this bonus. If they will allow this one, they will lose a lot of money as many will try to avail of this bonus.

Well, I have not been using an SL in most of my trades but this one is quite interesting. I think, it will not hurt for beginners to test this strategy especially if it will be tested using a demo account.

It is different for me as most of the time, I intentionally not put an SL in my trades. I trade short-term so I am always in front of the computer checking the charts so I see no use for an SL.

And it is always better to see the charts using a bigger monitor. Mobile phones cannot give us the "big picture" (literally). I find it hard to analyze the chart using small monitors.

What if all traders under one broker managed to win a trade on one particular trading day? Who will pay for all the winnings of all these traders? Is it the broker?

Can you hire analysts who will trade for you for each of the pairs? One analyst will trade for this pair, another analyst for this pair and so on. It could be a business but it will entail big capital.

Yeah, foreign exchange is simply the exchange of currencies between two people or two groups of people. They exchange because one party wants to have certain currencies so that he can buy some commodities. The other party just want to get profit from that exchange.

I put an SL in my trade last night and left the market. When I checked the chart this morning I saw that I lost the trade. I should have won if there was no SL as the chart went back and agreed with my analysis. Well, charge that to experience.

Indeed, trend is the best friend of every trader. But how do you effectively follow the trend? It is very difficult to know where the trend is heading. But to some, I think, this easy. But for now, for most beginner traders, this will be a difficult task to make.

Indeed, the trend is and will always be the friend of traders. And a trader should always be patient enough to look for it. This impatience is what will make most traders lose.

Yeah, I agree. It will make a trader feel confident with him/herself when his/her micro account becomes bigger. This can be the perfect path. You start small and might end up big.

I really have to follow my trading plan. I do have one but there are times when I become impatient that I will just enter a trade without the benefit of analyzing the charts thoroughly.

I like reading the news so this is where I got my first knowledge about Forex. But this knowledge was very basic and I did not really take serious notice about Forex until I started posting.

Yeah, this is good. It is better to be safe than to be sorry. The only problem with this is you lose the opportunity to earn more. But then again, through patience, you will get to that point which you have targeted.

But it is hard to trade with only basic skills in your hands. You need to have more than that, as far as I am concerned. You may need to study the charts more and see how they react when news come. I think, this is a more advance skills.

Speaking of putting SL in my trades, I experienced losing again because of putting an SL in my trade. The market dived steeply but recovered after some time. If there was no SL, I would have gotten something. Surely, I will take this lost as part of my Experience and I hope that my Skills will improve because of this.

Speaking of taxes, I wonder if all the traders in this forum pay income taxes? For sure, vast majority do not. It will be a difficult situation then, if a trader will win continuously in his/her trades which will therefore fatten his/her account. This will attract attention.

This is a good advice. The only problem is that most training seminars are expensive. Maybe because these involve the teaching of a successful strategy. But this is not within reach of ordinary forex traders.

Actually, expect to lose not once but many times. And expect to lose if you are not patient enough. Indeed, if a trader is impatient, he/she can never expect to win daily profit from his/her trades here in Forex.

I think, this one is an HYIP and not a PTC. When you visit the site, you will get this "Get PAID 5% Daily, 150% per month. No click rate and no minimum cash out amount.

And I like the minimum cash out amount. It can be reached in just 25 days if one will get 4 ads per day. I think, this PTC is worth trying. I just hope that they will not fold easily.

I visited the site via the referral link provided by the thread starter. It seems a new look for buxhost PTCs and it is quite good. The click rate is also very good especially if you will get that $0.05 click rate.