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myregister
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Everything posted by myregister
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@sidejob: Well that is true that TrueECN is Dukascopy which is located in Swiss, as for InteractiveBrokers also a true ECN, aside from that you can find a lot of ECN broker such as FXDD(through their ECN services which offers low spread), FXCM also offers ECN account.
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MetaTrader 4 vs MetaTrader 5, which one you choose?
myregister replied to myregister's topic in Forex General Discussion
@bonnie: LOL, yeah you can add it, but cTrader isn't as popular as Metatrader sisters. cTrader concept of STP based platform is a good thing but it won't make much change. I see it is basically similiar to those MT4 or MT5 few differences just from interface and also from the language to create robot. In cTrader programmer use C# if i don't make any mistake. -
Not just that friend, Paypal by the banner of Xoom right now is trying to give more services for users in developing countries, remittances playing important part there and thus through Xoom Paypal offers easiest way for people there to do remittances. I see this path that paypal take should bring more confident to them and their current clients to keep use paypal's services.
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solidtrustpay-solidtrustpay.com
myregister replied to a topic in E-Currencies and Payment Processors
Fees is the best way so they can get more people to join them, the bigger fee will make people think twice about using solidtrutpay services, unless if there is no any alternative that people can use then that is not a big deal but if not that is another stroy, also if STP did not reform, I think they can not adapt and be shunned by many people -
Talking about challenge ,they have a new kind of challenge. Well, let me summarizes all the data I get what you need to do is first, have a NETELLER account registered through your Affiliate link and then the second one is transfer money to any NETELLER merchant during the Promotion Period and gain entries to the prize draw, after that wait for your entry for daily entry maximum is 10 entries. Boost entries will be added on top of the daily entries.
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That seems true, maybe they just want to avoid those US authority who has access to .com domain. Overall, nothing new i can find about this one. It seems PM should just stay like this and keep their upkeep around 98%, they are old and eat a lot of LR shares also active in HYIP, so it would be bad if something happened to them.
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Damn, i just visited the news section and find out that aside from Europe Union, Webmoney also increase its presence in other countries, such as South East Asian by promoting local top-up methods, like in Singapore you can make a deposit through eNets national payment system.
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Choosing broker is very hard thing to do, i do recommend to take some time to see what is the regulator of that broker, just like i said many times that CFTC, FCA, or FINMA or ASIC are one of the best regulator. Make sure to check if that broker also has an office in AAA countries, such as London or New York. It doesn't mean they won't scam but it is a good guarantee that they are quite strong company.
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Depart from this demo thingy, i think another myth that each single trader should fix is scalping. Well it is quite easy to grab small profit, but to do scalping is not easy as we think. Price still need to analyzed so we can grab optimum profit, and also we actually target the similiar profit than those longer term traders, the difference that scalpers open more than one positions in relatively shorter time.
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- forex misconception
- top forex miconception
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Lost money is many trader's experience, 3 losses consecutively or even 7 consecutive losses are not a good thing and that just happened to me. Makes me furious for a while but it indicated that my emotions isn't good once again. One thing that i am sure here if this thing happened for around 20 times i might reach MC, but if i can crawl to the top with better strategy, i am sure i can cover my losses and of course gain more profit.
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Should Forex Brokers Accept Bitcoin or other cryptocurrency?
myregister replied to bloger90's topic in Forex Newbies
Well, let me clear it first. It is not centralized and uncontrollable in sense that there is no single big thing that could at least surpress the movement of price, it is all pure based on the demand ratio. Good management here is that the way how it semi centralized part, to cap the amount of mining so it won't be more than what it should get. You see that as there is a cap the price will harder to reach its maximum point.- 54 replies
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- Bitcoin in forex trading
- Litecoin in forex trading
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It is not always the cases riddick09. Look there are many traders who fall because they just have hundred of dollars, even they trade with the smallest lot size. For me, capital is important but the way you manage the risk is the most important one, and you should have profitable strategy because if you use non-profitable strategy where your risk to lose is higher than your chance to win, then it is useless even with a good risk management.
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Well that is a good idea for some traders to follow but the next problem is how that thing could help us as trader to make more efficient scalping. I mean reading and practicing is different thing isn't it? Trader love scalping especially newbie because the command is easy and quick than those long term trading.
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Nice concept to lend someone money and get some money in return, so far i think it is the cheapest rate for lend money and doesn't give much burden to borrower and also the access is faster than the same kind of program and for the one who doubt, btcjam already lend more than $16 million BTC.
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Making money from home would be a good thing because you don't have to leave your home so often and also you still can do that even you are in the other place thanks for internet, i am sure would be one of the most happy person. But right now it is quite hard especially in developing countries, in developed countries this thing is easier to achieve.
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But the risk is actually higher than those GPT, and in GPT you have an option not to invest your money to get money, it is not like you should invest first and then later you will get your money. I prefer both if i have a lot of money for the sake of diversification but if i have limited amount of money maybe HYIP, but it still with a careful consideration.
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No harm, yes. Trade become more efficient and maximize profit, partially yes. But do you know that dealing desk broker offers lower spread compared to Direct Market Access broker or even Straight-through processing broker? DD is better in terms of fees than those two which used by a lot of traders and to be honest the "honest" platform. There is no harm so far but you need to know what kind of broker you trade with, ECN is by far the best in terms of comission and act as honest platform for all traders around the world.
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what are the best forex trading Hours?
myregister replied to asiaforexmentor's topic in Forex General Discussion
Each of those trading session are unique to some pairs, except to New York session where it could rally all of major pairs. It is because the benchmarking to USD nowadays. To me the best hours always be New York session, but as additional it would be London session, Tokyo Session and Frankfurt Session. -
Useful Tips to Success in Currency Trading
myregister replied to dhanpreet's topic in Forex General Discussion
I do agree, patience is one of the important factor to win a trading or to avoid unecessary losses. I know this kind of skill is actually hard to acquire, maybe some people born with this but for me it requires more time and in complex situation, just when i think i am patient enough it seems that when i loss only at most 30% of my 6 months based trading but right now it seems i am not a really patient trader. -
which currency pair do you prefer?
myregister replied to TradingForex.com's topic in Forex General Discussion
Major pairs for sure give more benefit rather than exotic spread. It is understandable since exotic currency pairs have bigger spread and also because it lack of liquidity, the only chance to reap profit is to be a market maker and if you have bigger money to spend this is also good but depend on the way you treat the market, all i can say exotic is for experts. -
[DISCUSSION]What is best for the traders?
myregister replied to useful's topic in Forex Trading Styles
But i think this forum already exist as the place to exchange information isn't it? Also to be honest I see some posts are quite useful in this forum. And i think what is the best for traders is actually keep practicing, well sharing is good but too much for it or even a bit of that too much thingy won't be good. I think you should spend around up to 75% of your activity related to trading for practicing in demo or even trade in real account. -
Do you think compounding is important?
myregister replied to andry777's topic in Forex General Discussion
Very important depend on the perspective but to me it still an important way to reduce risk and increase my capital without need to make another investment. Also it is the fastest way to get more capital, where i just simply can trade it also it directly included into my capital. -
How to Start Profitable Forex Trading
myregister replied to ellliottt's topic in Forex General Discussion
To start profitable trading one must know how to manage the whole risk. If you don't know how to manage the whole risk, there is a big potential you may lose more money than ever. I advise people look at this and then also trade with profitable strategy you will be able to make profit in right way, or i can say as optimized your trading. -
SECRETS TO SUCCESSFUL FOREX TRADING
myregister replied to smithlover84's topic in Forex General Discussion
Hard work? Well, the defenition of hardwork should be define here if you we want to discuss it together. Well, people choose forex because that require less work, means that you shouldn't do typical 9/5 jobs that you do all around business days. You said hard work is the real secret but if we work less then doesn't it mean we don't need to work hard. We just need to be adaptable or smart working. -
Why is that true? Of course, less means that the risk is lower and overall the profit would be totally higher rather than when you try to make profit higher with higher risk. If you are in profit it would be high profit for you, but if you lose that would be such a huge loss for you.