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myregister
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Everything posted by myregister
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Fixed or floating spread account?
myregister replied to boltushkin's topic in Forex General Discussion
Well then that is good enough for people there, as far as i know there is other broker called as FXCM which offers non dealing desk and dealing desk account, with dealing desk the spread is fixed so people who wnat to against the broker with less fees could trade, this type of account(fixed) is preffered by most of new traders. -
Get paid on every trade win or lose
myregister replied to David_Warner's topic in Forex General Discussion
You win but lose before? This logically isn't right, unless you have and introducing broker account or you maybe loss in a small amount and what you earn is not from your trading but from rebate. This is simplest way to encourage people to keep trade, nice idea but it is common thing in many FX broker. -
What pc platform relly lack is mobility, just think by using common sense, would you want to bring your PC everywhere? With Mobile Phone you can trade nearly anywhere as long as the market still open for you. But, trading via mobile phone has its own bad side, if you live in a country where its internet connection is not reliable then you're done for.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Sure forex has high profitability but it also offers large scale of the risk, if you invest that much in forex the risk is also bigger than somneone who invest just say $50 or $80? Unless you hve proper risk management then forex with tht much money still not safe palce but if you learn enough then it is one of the most suitable place.
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But some people do , it is clear they do that because it has similiarity and take a look at those gamblings, those are businesses, look at how much money circulated? It is much more than other kind of offline businesses. FX is based on speculation Gambling is speculation too. We speculate in this business to make profit. Both could be treated as busineess
- 76 replies
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- forex v/s gambling
- forex or gambling
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My stance right now bout this case is it is still debatble because everyone has own desire to make profit but in different pace, some people prefer more aggressive way while the others prefer more passive way or slower pace way to make profit. What i want to point out there is that trade everydy or trade for certain day is not even matter. You should decide, if trade everdy take a toll of your body then forget about it.
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Hm, you get the point there. I also want to point out something here since we know that everyone can be addicted, it is about addiction itself forex could be addicted but with reason, forex is business it is where most of money circulated everyday, and do you all think if someone trade in early dawn or keep watching their position to cut the loss or profit manually is addicted
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Some people said scalping is illegal to do because it provide faster return on profit in relatively shorter time which some people don't like but actully the legality of scalping is true, also talking about flooding the server it might be true but not all scalpers can do that. If you trde with robot maybe yes but if you flooding the server it means you are DDOsing not trade.
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Not everyone can earn profit and this is the reality of this business, someone lose someone win just like match in football or badminton. This is business or to be exact is the market with full of speculation so people's need is to make profit by speculation and this could led win/loss situation
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Should Forex Brokers Accept Bitcoin or other cryptocurrency?
myregister replied to bloger90's topic in Forex Newbies
If i think it once again it seems that you're right, the bitcoin we know or the other popular and non popular cryptocurrency is near perfect market with many people have their own option and are able to influence the market itself. Treat it as commodity has been done in many country, one of the most notable is in finland but maybe other northern european countries will follow.- 54 replies
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- Bitcoin in forex trading
- Litecoin in forex trading
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With the ultimate goal to make forex as your own main job that is surely something you should do, and in the process it is clear that it will affect the way you life in your daily life. If you live in the world where the difference time between the currency you choose and where you live time is big then you may wake up in the middle of night or wake early for the sake of trade.
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By using strict management risk, with that you may be able to lower the risk. Well i cannot say here specifically but for me, it should be not more than 5% of your total equity. So if you have 100 dollars you must trade at most for 5 dollars, but i will trade at around 3-4% that is all not less or more, all depend to the condition of the market from the movement of the price range.
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@bolthuskin LOL, of course that is the biggest myth which i never realized before but right now if i saw someone sold something like that it will ruin my own day. Another thing is forex robot well don't get me wrong what i mean as fx robot here is a robot which claimed could give high output profit but with just screenshots and sold by use that anchor page which is less professional way to sell a product.
- 65 replies
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- forex misconception
- top forex miconception
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All reliable broker as far as i know gives better service for trader, so if choosing a broker is your problem then choose a broker which regulated by a strict regulators, must have an offline office especially in AAA countries for example in United States or United Kingdom or in Switzerland. After that make sure your broker only accept payment processor such as Neteller or Skrill.
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If your investment bonus is too low then try to find the other forum which could support you, some of them usually offer high leverage where they also offer higher bonus for initial investment. Usually you can try dealing desk broker which give bigger initial investment bonus than other kind of broker such as STP, DMA, or even ECN. Those are rarely give you investment bonus.
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If you don't have a strong and good foundation to analyze the trend you won't be stay here and trade with it. Control over trading for manual trader is critical task. This which will lead a trader to more loss or even to more profit. Some people prefer to lose the control over trading for the few cases like when you set SL and TP or TS which means you let the system to take control to close the position according to the amount of pips you set.
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Forex forum Do you think forex forums can improve my trading skills?
myregister replied to flybiz08's topic in Forex Newbies
Sure it will improve your trading become better one, i myself put this issue into my head because i know that forex forums cannot improve skills but knowledge. If someone want their skills to be improved then real account or demo account is the only solution for that kind of issue. As long as you keep practicing you may see the difference of you previous to current skills.- 456 replies
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- importances
- added advantage
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@sidejob Well it is hard because we don't know what we are doing with it, not to mention that forex robot usually come up with a foreign concept or strategy which is different than ours since the one who code is not us it is another third party people who do that. I myself see forex robot disadvantages usually come from the code which contain some bugs.
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Trading Guides Can Guide You to Success
myregister replied to smithlover84's topic in Forex General Discussion
Not always Levie, because trading guides which we think is the right one sometimes misleading us to the wrong side of trading. I find out that mostly of trading guidelines it is either copied or even outdated from the current prctice only few still stay intact and relative enough. If you pick up the right one then you can be succeed, if not it is your loss. -
In real life real trading is more realistic thus give realistic return but demo account tend to be virtual unless your broker choose to mirror the real situation on real market where your trade doesn't have any single effect to the virtual market which mirrored the real market. Most demo account which mirrored real account is non dealing desk broker.
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What the type of Deposit / Withdrawal that you like?
myregister replied to uncle gober's topic in Forex General Discussion
Sure skyrock not all brokers accept payment processor like neteller or skrill but this is still a good option if they provided it. It is not that long to wait just up to 2 days and usually it is less than that even in just hours, this makes it really good to use payment processor like that and you can exchnge or just simply withdraw your balance if you have it to your bank account and it means lesser fees. -
whether you like positive or negative slippage?
myregister replied to uncle gober's topic in Forex General Discussion
Who hate positive slippage? No one hate it, that is what people called s fortunte trader who earn more because of the slippage. I hope that in future i will earn more with positive slippge, but this could be happened if the price has strong bullish/bearish tendency and the volatility is higher. -
@skyrock: I think it is all about safety not the maxium potential. Main job should be stable and could cover one hundred percent if not at least 90% of our expenses per month or per week. So to turn forex as main job you should be able to turn forex into job with high security even you lose your bucks and still earn handsomely
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don't mix between emotions and forex trading
myregister replied to rockstar's topic in Forex General Discussion
I couldn't agree more with you. Basically the key of this all is control, we need to control the emotions and don't ever let it mixed into our trading, to help us not to mix it then we can use some tools which fx platform provided. Such as SL or TP can be so much helpful. -
Why do we prefer the forex for the stock market
myregister replied to rockstar's topic in Forex General Discussion
Stock is just another business type which actually having high risk. People actually don't realize this so much people prefer to see forex as big risk big gain business, they know it too well since it offers lower barrier and the return is relatively faster because in forex we just speculate against the market