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myregister

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Everything posted by myregister

  1. myregister
    Yes i am fully aware of that case, many people trapped in their trading because use hedging and cannot find the right solution for their hedging decision. Actually this is a downside but more to people's skills but the advantage of course able to supress more losses and if we are skillfull could turn the table of our trading from losses to profits.
  2. myregister
    It is different of course tray22, fixed spread account offers fix spread movement some even offered it with zero spread account which means your rate stuck at 0.xxxx . But what do you mean by implement? Do you think this is a strategy? This is an account , type account to be exact. as long as someone feel more preference towards fixed account then floating will be nothing for them, but for now i think that floating account is much more make sense because it react as the market did.
  3. myregister
    Yes, it is the matter of skills first, but second your bonuses amount will play different parts. How about simple example: You have good analytical skill and accurate prediction, which one do you think will give you better return , use 1 micro lot because of your tiny bonuses or 1 full lot size because of your large bonuses? Of course the one where you trade with bigger lot size because of large bonuses.
  4. myregister
    It is not simple nor easy but to say it is a hard work i don't really agree with it. It is not a really hard work at least not like those construction workers. But it doesn't mean forex would be so much easy, it is just harder to some jobs but you don't really have to spend much of your energy and in forex you just predict, click and then click once again to closed the position if you don't have time then you can use stop loss feature.
  5. myregister
    Forex and gambling is different just look at the name it is totally different, the concept is even different too but thanks to speculators the market looks like betting, 90% of foreign exchange trading consist of speculation including you and me, we are speculating and predict(my chose word than betting) where the market will go, but the method is different where gambling we are just blindly guessing the movement but with forex we use data.
  6. myregister
    Up to now i still use demo account is has been a long time, and you know demo account could be a good place to test something. If you have new strategy that you want to test then demo account is a suitable place to do that. You don't have to be afraid of losing because of that. Just ask many experts, i am sure that they still use demo account no matter what.
  7. myregister
    Once again greedy, don't be ever greedy when trade into foreign exchange. Well having a dream to be rich or successfull isn't a sin but realize that is not easy it may take years, you may have to "bleed" first, you may lose your account. If you want to start forex trading expect for the worst and keep learning with these you are able to overcome all the obstacles.
  8. myregister
    You can say that to impatient trader, most of them don't want to trade like that most of them want to earn profit as fast as they can. But to be honest everyone want to more effective and efficient way to learn without need to waste much time and in the end you are ready for the real account trading. Of course consistency is not something we can build overnight, it takes time but i think by keep trading over and over again our consistency is increasing too.
  9. myregister
    It is right, some people start to realize that there is no way to eliminate the risk inside of foreign exchange's body. FX would be always a risky and business with high profitability, this is why people jump into this business and trying to make much more fortune. If fx is not risky i am sure that fx wouldn't be a profitable job for trader, it would be average or even have low return.
  10. myregister
    It is not about availability but it is also about does the place where you live at the moment accept bitcoin as one of the currency. Only few countries accept bitcoin as the currency while other ban it and doesn't make it clear if that is commodity or not, while the rest treat it as commodity just like what happened in finland. I still see Cryptocurrency is not fit to be currency but fit to be a commodity.
  11. myregister
    Knowledge will be just knowledge, someone can copy it and turn it into practical thing just like robot. Holy grail and super robot forex are just two from the other myths, but i think those seminars mostly are broken one. It is one of the greatest myth in foreign exchange, it is just like MLM in fx industry. Few are great but mostly are just trashy and more like motivational seminar than teach a really unique approach of trading.
  12. myregister
    It has its own way to predict the market also if that is the case just turn it on when the market is predictable like when the pairs you choose has lower volatility, if the pair you choose has higher volatility it would be a disaster to use that kind of forex robot. Manual trading has bigger advantage in control, it is us who control our trading from the analytics to close the position.
  13. myregister
    Ah,i got your point that is true especially during volatile hours or the market is moving zig and zag, trailing stop won't be so much useful the worst it may give us a very small amount of profit only or even worse small loss. I use it because most of my trading is near news time even i know it is volatile but it rarely execute because i open position only when the market is a bit calm.
  14. myregister
    Yes it is all about executing the position faster and it needs broker who can meet such a high demand, but note this thing that broker is not illegal activity that is a normal and aggressive type of technique. Brokers who don't allow it neither have power to meet such demands or that broker is bucketshop broker who love to gain profit from member's loss.
  15. myregister
    Can you elaborate that hold more positive benefit? You mean with hold position as long as you can then you able to grab more profit? Remember market is dynamic it changing especially in this volatile time. I know put the money in long term would give much return IF only you are able to make an accurate prediction and open the position at the right time.
  16. myregister
    If we want to search it throughly then trader still has some effect when they set SL, it is either good or bad. With cut loss you have total control while with SL you don't. What i want to emphasize in here is there is a time when the market acts like it is so volatile, so when you put SL and it hits SL but few minutes the market slowly turn back and even reach you previous TP then it would be so much hurtful, this is actually the downside of using SL.
  17. myregister
    Sure you will lose but do we talk about addiction here isn't it? The key is what is the symptons of addicted to foreign exchange? One of them is gambling i mean they treat foreign exchange as gambling trade like what they want and their prediction is just simply guessing without need to analyze the data which they got from the credible source.
  18. myregister
    Actually you can try them some of them are free one of the introducing broker which i'm using right now has its own robot, so far it works well but you know i just try it in few tradings, the result is good but not so good when i trade with myself also i have problem to trust robot could do better than me in manage the risk. I just think robots actually lack of control especially id we don't know what's inside.
  19. myregister
    See, it seems that many people right now realize that trade in foreign exchange doesn't mandate you to trade with use your computer only. You can use your smartphone which is more modern rather than before and of course has larger screens so you can analyze with more space free. One thing which i love about trade with mobile phone is its mobility, it allows me to trade anytime, anywhere i want.
  20. myregister
    Everyone want to have total control over their trading for the reason is safety or they don't easily trust their broker but this is nearly impossible. If we meant total control as see every single process , i can say it is impossible because we cannot easily stay up to the market and open and then close our position later unless you are scalping and yes if you use robot you diminish your control, but in certain parts you still have control.
  21. myregister
    It is not like that buddy, you know the market is dynamic something could happen in faster way more than what we imagine before. Or think about this, if anyone makes profit in forex then it means less share for you isn't it? In fact the big players is corporation, banks, or other big financial institutions, as retail traders some of us lose not because we don't learn it is like because it is safe or we just unlucky, but the difference of someone who learned fx before their loss is minority and still below of their profit.
  22. myregister
    @gaban: Have you ever trade in real account? Do you feel improvement after trade there? In the end both account could be use for improving our skills, but the risk is bigger and exist in real account this is why people prefer demo account since they can do trial and error, there they can do what they want without limitation except from funds you set before.
  23. myregister
    You can try it by download it in your computer and try it in your free time, i am sure you must be have free time isn't it? MT5 isn't bad you may even notice that in most part it is similiar to MT4. I still use MT4 because the broker i am using right now is using MT4, and it seems that MT4 already meet other trader's need and that is enough.
  24. myregister
    You think that we cannot trade without looking back at stock? We can do that too. Stock composed of 2 ways to earn, first through investment or dividend while the second one is through trade, you buy the share and then sell it later when the price rose. One downside of stock that its liquidity and volatility isn't as high as forex in most cases.
  25. myregister
    Contest is like other contest you've ever do before, in here we compete with the other traders trying to make more money as much as they can. If someone trade's profit is the biggest one before contest over they will be the first and receive the prize, if you cannot do that you simply lose and that is all nothing to lose. This is why i think newbie should participate to gauge their own skill.
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