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myregister

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Everything posted by myregister

  1. Yes reliable broker is a good broker which everyone should take and put their money there, this is to ensure that in long term you still able to trade and generate some income to your life. It is crucial as the first step to choose which is the best for you and later this would benefit you a lot.
  2. Logically when you invest by use your own money you invest in smaller amount rather than when someone add some bonuses to your account, as long as you feel fine with it then you shouldn't worry about bonus, just trade and make sure the bonus is just as additional income for you.
  3. You better tell us what the different from your own perspective rather than just say tht forex is different. If i said in gambling we also trying to predict by guessing, is that the same with forex? Both have uncertainity and thus we are trying to guess what is the outcome by use different approach
  4. Consistency is reachable by the motivation, yes with motivation we can do forex trading without much hassle thus increase our consistency to make profit. Of course there are other things such as strtegy, risk management and others but if you don't hve motivation then you don't want to trade.
  5. Nearly all kind of strategy which people use in foreign exchange also are nice, including scalping so it's just matter of skill. Some people even choose to transfer their knowledge or expertise into robot which called as expert advisor and still use scalping but with different method of analyzing the trend.
  6. But one need to remember that forex robot is actually expert, it called as expert advisor it takes knowledge from human into chunk of code where it can be processed more way faster rather than what human can do, with that knowledge robot can react nearly as human but in more faster way, but yes you lose your own control.
  7. From what i see lower leverage is actually not healthy for trader, it will not give them any opportunity to earn money only make them lose more of their money, also you should need higher leverage because without high leverage you must put bigger amount of money in your account and most of newbie cannot do that.
  8. Yes i agree with you with demo traders may learn about their trading better, they will know what will happen to their account later if they do a huge mistakes and so on. Demo is the suitable place for doing something like that, while real account is the only good place to earn money.
  9. Stop Loss is just a tool to make your trading feels more automatic, i always said something like this that controlling your risk management would be so much good if you have stop loss, with stop loss a trader don't have to worry about watch the position over and over again.
  10. Can you elaborate what do you mean by control your trading? How about if i use SL and TP and i don't watch over my trading after few minutes or hours? I give it up to SL and TP to control my trading overall, while the decision is up to me what i should take, buy now or postpone it for later.
  11. Not so much easy to fund, but remember this business is not a business where you can earn simply by click only, it needs analysis , and predict the market and to be honest not all analysis resulted in profit nor your prediction will always be coming true, sometimes shit happens and that is your end.
  12. Talk about what forex has then that is must be flexibility, people tend to focus with forex because the good availability of time where in forex you can trade 24 hours for 5 days without stop no matter where you are. That is the strong point of foreign exchange not like other business.
  13. @skyrock: One day they will face it no matter one so they should embrace it, it makes sense that we will lose before successfully earn in forex or even we success at making money first but later will lose more. I think as long as someone learn from their mistake when trade then loss is not something you should afraid of.
  14. It is surely affect the way you trade and your personal life it makes you bold and also love challenge isn't it? Forex surely one of the way from one thousand way for trader to make money. It will affect your life directly or indirectly but depend on you. You want to make it something which affect your live positively or negatively.
  15. I think every business has its own risk, low to high just as indication if that business is risky enough or not that worthy to put your money, by the way eliminte the risk in business such as forex is nonsense even if that is possible it won't mke forex profitable anymore, it will be no risk low income business.
  16. Create a robot is not easy feat, remember i am not talking about the robot which only works as garbage that you can find on most of landing page. You can add some advanced ai to mke it more dynamic, the only disadvantge of I which i come up in my hed right now is that robot is always be robot it would led to carsh or even bug which resulted to more losses if you don't take action and fix it
  17. Well i am not really understand about what are you saying but let me guess. It seems that long term and short term would yield profit with different amount, but in order to get bigger profit you must stay on the market longer isn't it? For newbie both could be profitable, it is just the matter of time before it turns into one of the most profitable investment.
  18. It is all depend on the trader's wishes i think the risk of forex itself is big which maybe that is the only reason why you said it is better if someone treat forex as their own side job isn't it?. Well, as long as the risk still managable by trader then you shouldn't worry to turn forex as main job.
  19. This is what people called as rebate one of the best way for broker to promote their service to the whole world. I saw a lot of treders already try it and mostly works well, this is also a good thing since it will reduce more risk which may exist later. But be careful when choose rebate, choose the most make sense rebate and from trustable broker.
  20. @tray22: You are right there, i nearly forget about that. Unfortunately that is the bad side of this payment gateway, it is the safest one yet that is slow maybe because of that safety it has. To me Skrill or Other payment processor are acceptable at very good cost i mean the overall cost of security, fees, and how easy for us to make deposit or withdrawal
  21. @sidejob In my broker demo ccount and real account is basically same, even i trade in real account it doesn't mean there would be much change, but if those big guys start to act their own then the trend may change itself. I don't want to talk about DD or NDD here but demo and real shouldn't be something we put against, it is supported each other.
  22. Well as long as this kind of thing is not over or become a negative way for ourselves then it is good, since it will help us to grow and basically it ask us to be more dynamic, thus leading for what i said before growth. But other than that you should be relistic when thinking about this issue.
  23. Motivation also could be the reason why people could get consistent profit than others, or maybe you should add experience behind. With experience and motivation to trade in forex or to make profit you alredy get foundation by don't recklessly trade and keep your emotions behind that may make you lose more.
  24. Demo account without joking to its functionality is one of the best account for testing, it made for that for learning and of course for testing your new strategy or someone's strategy you want to use. Without demo ccount exist anyone can easily lose and many trader would lose their money easily in forex, and forex wouldn't be so attractive.
  25. Evaluation ? Do we discuss about controlling loss, setting our stop loss in very good way so it would avoid much more problem in future?, anyway should we set SL? Yes, it's a good feature to use many people would prefer it for sure especially if you don't hvae much time to see the chart.
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