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myregister

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Everything posted by myregister

  1. myregister
    The broker which we are using sometimes affect the way we trade, i am personally still stick with FXDD up to now, their service is actually top notched compared to the others not to mention it has a good regulation and offers flexible scheme for leverage, from 1:50 to 1:500.
  2. myregister
    Actually it is a norm, even big traders up to now still lose. Just like what i said it is normal just re-think about your loss and what is the causation. One thing thata you may cannot change so far of course is the market movement or sentiment, this is hard to know even in some cases shit happens to veterans,
  3. myregister
    Forex is business and ultimately a financial insturement so i don't see any reason why forex cannot be something different or cannot be a full time job. But before made forex as your full time job you should re-think it again since forex is not a job which offers high security like other jobs you've ever met.
  4. myregister
    In the end i think most of the business will switch most of its bodies into online one because it is fast and cost effective rather than offline, but still offline still exist with only few parts or for the sake of nostalgic. FX is the most rapid business and the decision to turn it online is a very wise decision from those liquidity providers and bankers.
  5. myregister
    mt4 still the most popular electronic trading system becuase of its feature to be an agnostic broker platform and it is not like others because it is more flexible and offers better way for people to code and create expert advisor. mt4 also more open to broker who want to adapt their own services.
  6. myregister
    Theory first practice later, and that is good what i mean is that you can make follow some example first or to test a strategy to see it works. Also without a theory what you want to put on your practice in demo account ? Nothing! which menas you trade without any objection and waste your time.
  7. myregister
    And that is why a trader should be careful, choose a broker which doesn't impose any kind of rules that brought misery to a trader would be very good choice, you can say that trader as a pro trader's broker. The next step is not just that because you must choose a broker which not just doing that but also regulated by a good regulator such as CFTC maybe or FINMA.
  8. myregister
    Demo account still is the best place for people to start learn about how to trade in forex. No risk, everything is virtual so loss is not a trivial matter when trade there. My personal advice is focus to learn about forex in demo account to give better return to a trader with no or minimal risk.
  9. myregister
    Demo account is totally important since its introduction the face of foreign exchange is totally change not just as the riskier business but to be a lucrative and less risky, also the upcost to trade in forex is totally lower compared to when forex only has real account. This account is totally made to lower the risk and as the place to market broker's functionality.
  10. myregister
    The difference located on the size, with mini lots you trade with smaller lot size compared to full lot sized. Also to achieve a set amount of profit you need less pips with full sized lots than mini lots but with consequences that your money may lose if you suffer a loss.
  11. myregister
    That kind of broker should be ignored at all cost, to be honest scalping is just from the others technique which someone can employ if they want and nothing illegal with it, so with all of my respect a broker who put those things should drop that nonsensical rules. Scalping is not hacking.
  12. myregister
    In this thread i just want to say that buy a robot should have its own guidelines, blindly buy a robot would lead to utter destruction to your account which i think never be a good idea for you. Claims on the blogs or other marketing page should be verified twice. I'd recommend to take a robot from trustable vendor which has big partners.
  13. myregister
    Everyone will say something like that, by use our common sense first we should try demo account and later switch to real account, if you only trade through demo account you cannot earn and if you trade only in real account you may get chance to obtain profit but i am sure the price is expensive since trial and error in real account cost you real money.
  14. myregister
    The way to maximize stop loss is by use it in every single trading you can, so if y6ou trade 5 times in aweek use all of your trading with stop loss. Use stop loss won't make you lose more than what you set on your stop loss, unless your broker is a cheater which want to eat all of your money in your account
  15. myregister
    Emotion could be mastered by practice, if you think forex forum could improve your trading skill directly then you are in the wrong way. The improvement you will see is after you practice but of course by the guide of forex forumrs or other site which gives you knowledge of how to control youw own emotion
  16. myregister
    As long as that is good for you i don't see any reason why bonus is bad, but if the rate is very high you should be suspicious about that broker plus if that broker also isn't regulated. The amount you should invest is various to each traders, some need bigger while others need smaller.
  17. myregister
    I feel that everyone one also cannot loss all their money suddenly in forex, it is just the same like someone who earn money. In the end the market of forex is big more than 90% is speculation, so loss and profit is norm here, the bet act is to keep yourself together and make sure to always contol the risk.
  18. myregister
    Likes sidejob said this is just temporary feeling, mentally strained traders needs more motivation or needs the real experience before trade, this is normally happening to newbie who just start their business, or because some people feel that the market is totally uncertain makes them mentally strained to take an act later.
  19. myregister
    Yes, i know about that just by common sense. We should focus to make profit while able to lower the risk and the best way is by a strict risk management, with this way we can optimized our profit without losing more. Also with a planned strategy or tactic in forex, we are able to consistent more.
  20. myregister
    @sidejob Yes it is clear that people afraid because forex also is a business with high uncertainity , and also people who tend to invest in forex want the fast result but i want to say here that forex is one of the business with mid-low job security, it is not 100% or even close to 90% safe even still dependable depend on your total money in account.
  21. myregister
    At first i doubt if people can earn easily from forex but that is not always the case, people can earn relatively easy if they just don't push theirselves too hard, i know easy doesn't mean that you can get profit every time you want but imagine people who work offline spend 9-5 and get thousand dollars per month while there are some people with only use internet to earn money just trade few times a week and earn the same?
  22. myregister
    @radex78: Yes that what we should think before investing in forex, right? But i beg to differ that you should join in a broker which regulated by a strict regulator, this is for the sake of safety, even if they go bankrupt(the broker) you still able to claim all of your money in the account or at least half of it with the help from regulator.
  23. myregister
    First of all forex for investment is in fact lucrative but also very risk investment at the same time since we know the nature of forex which is totally volatile. Money could fly to other place in relatively shorter period or even we able to reap profit in less than one day. To invest in forex, someone need to know the risk before investing in this business and be ready if they lose because you need to invest only what you can afford to lose.
  24. myregister
    Not just babypips but there are others which are reliable and could be complement for babypips like DMT or MTW for example. And yes that is all need practice because without practice every knowledge would remain as knowledge and the worst that knowledge would rot and give us nothing.
  25. myregister
    @radex78: Even i must admit it, forex is a risky business for anyon-e who ever experienced about it. It needs more accurat-e analysis. Forex has high risk so do your return if you somehow success, so people is actually right if they think this is business where they would get lot of money in relatively shorter time.
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