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myregister

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Everything posted by myregister

  1. Swing trading is popular in forex is simply because it promises big profit in the end and also some traders think long term trading is better since short term trading is closer to gambling even not always right. The other thing is long term trading requires little immediate action, where short term trading since it is short requires immediate action which not all traders can do.
  2. You said it by yourself, we cannot eliminate the risk but you don't have to avoid it just manage it. You know money management isn't it? That is the key, by manage the money you also manage the risk and it means you can lowering the risk and more confident to the next "battle". Even if you lose, later you can recover your capital.
  3. Of course you would be agree, in fact this is common for all traders around the world. I personally usually do that, making money in early morning or even near midnight. Usually this happens when i do US based news or NZD/AUD based news, that takes a lot but so far i don't have much problem with that since overall i earn well.
  4. Yes i agree with you profit is still profit, even i want bigger profit but it doesn't mean i don't want small profit and also if i think about it once more, small profit tend to have small risk which means that for many newbies or someone who still has small capital as less risky trading.
  5. Wow that is not a good idea and not very good thing to do, avenging your loss potentially bring more trouble to your causes. Think clearly is hard during this time, but someone who can control their emotion to the different whole level may control trading through this way and don't avenge the loss which suffered before.
  6. GBP exchange rate movements were the strongest since trading the Asian session on Monday after the weekend drop continued in European trading session gets positive sentiment from the UK manufacturing data although besides weakening US dollar. Markit Economics announced indicator that assesses the performance of the manufacturing country or region British English January Manufacturing PMI rose to 52.9 points position was in December 2015 in a position of 52.1 points. Score this indicator also exceeded expectations indicator decline to 51.8 positions and is the best in the last 3 months. Pound exchange rate movements in the European session strong moves against US Dollar, after opening at 1.42348 in early trading. For further trade until the close of trading tomorrow, it seems that GBPUSD pair could rise again to the resistance range 1.43929 to 1.45304. But if there is a correction will come down to around 1.41281.
  7. Euro exchange rate strengthened since trading the Asian session on Monday after the weekend continues severe drop in European trading session despite the negative sentiment on the region's manufacturing data suppress the movement of EURUSD. Markit Economics announced indicator that assesses the performance of the manufacturing country or the Euro area Eurzone January Manufacturing PMI climbed to 52.3 points in December 2015 was at 53.2 points position. Score this indicator decreased from the score of the period of December 2015 in the position of 53.2 points. Euro exchange rate movements in the European session strong moves against US dollar, having opened higher at 1.08282 in early trading , the exchange rate Euro rose 20 pips or 0.2% and the value of the rolling is at 1.08480. For further trade until the close of trading, it seems that EURUSD pair could go up to the range 1.09171 - 1.10024 and in case of potential correction down to around 1.07785.
  8. Well zef, it seems that low leverage or small leverages you said before won't help you to gain bigger lot size. It only make you harder to obtain bigger lot size since you must have bigger capital, also examine big broker's performance is hard thing to do. Trying real and demo account requires not just time but also money.
  9. @sidejob, I don't know what makes you said something like that but honesty is not a second problem if that broker is honest, they sure regulated by a strict regulator. I've been seeing a lot of brokers who regulated by strict regulators, but only in their site not in that regulator's site, so is this what we called as honesty is the second problem? Nope.
  10. You get the point, i mean by totalling how much we get every month and then divide it with total days in a month we will get the average earning which means our daily earning even we may don't trade everday or suffer at least few days each months. Well i think that is a good way to say it, but $1000 in realistic way is impossible.
  11. Comparing each brokers is a good thing, and if there is a site that do the thing then it will give a positive effect to all traders because there are some thing which can be finished with compare one broker's feature to the other brokers and one of them is spread, it will be more useful for traders who just start their business.
  12. Forex actually need a trader to be a discipline one, since that would help a lot to our career as forex trader. Other than that, discipline may help a trader so they can be focuing their effort and minimalize the risk, and this is for sure truly recommended for newbie who just start their career or this forex business.
  13. But they have proof, i mean at least some screenshots and also this is still an issue that many people talk, some people even accuse that stop loss hunting is very easy to be done with metatrader if a broker want. Afterall, the issue of stop loss hunting usually happen in a broker that use MetaTrader.
  14. It is true that our earning might be low compared to someone who are ready to sacrifice their capital. This is common sense, sacrifice more then there are 2 options either you make big profit or big loss. In the end i think what original poster here mean is less in terms of pips. I mean many people already reached their target but want more so they create an unecessary risk for theirselves.
  15. Who wants to trade when you are greedy? Everytime you trade with greediness you will lose, but don't think i want to avoid greed as much as possible, greedy is part of me. I just need to control it, to tame it and unleash it in the right time. Not always right duriing my trial as trader and still now i made few mistakes unleash my greed resulting in small profit or even loss, but also there are some times where i make profit wiht it. So leave greed is not an option here.
  16. If i think it once again it seems right that major have the most amount of information than others, thus make it easier to analyze. Also if you are afraid to analyze the market there are hundreds of analysis based on experts out there you can see and compared. I also think this is one of the reason many people choose majors then others like minors or exotics.
  17. As we all know right now that foreign exchange market turnover is about $5.3 trillion which means that much is traded daily, making it the largest and most liquid market in the world. With this, forex market can absorb trading volume and transaction sizes that dwarf the capacity of any other market. While Futures is just around $30 billion per day.
  18. Sure it is a real deal in forex, not to mention it is also the reason why many traders are able to survive up to now, without a proper risk management a trader may lose their chance so quickly, and forex would be a very "wild" place for many traders around the world. Risk management or money management is the most underrated techniques or strategy in forex.
  19. If you can do that, and please note that. It requires deep understanding about how forex market works if you simply cannot get the grasp you may ended up losing more. From my own perspective Hedge requires more advanced skill especially like when to do "locking". It is essential to lower the risk while maximize your potential to get profit.
  20. Both are important and as you said that demo account play important part to nurture a trader into something which is totally different when they were newbie. So we cannot deny that demo account is actually important part for trader's growth and bring significant contribution.
  21. But the cost of opening a lot of positions for small scale brokers are not economical, and if there is a broker who don't allow it or restrict it then that broker should be questioned, are they reputable and reliable broker? Or they are just another typical broker which doesn't have good financial support.
  22. Yes it is not an easy task, i know this so well since i am the one who experienced it. In forex everything could happen so this is why risk management is important part of our daily life as forex trader. TO make a better earning you should know when and how to trade and manage your own risk.
  23. Hm, a nice program to be exact. On investor game, you need around 84 days to reach that 200% target which admin has offered. The game seems fine and works well people also seems love it but it is not really popular, if popular i am sure there are some various ads in their site's footer below.
  24. Matrix + Money game make it more interesting, and it is hard for someone to earn with this especially if they don't know how to promote this site to someone who are worthy for it. Since this is more like what MLM you will find the one who are on the bottom won't be so happy.
  25. Seems too good to be true, but worthy for trial not to mention it is free to draw and then you will get a quite nice amount of money if you are lucky. I see that the main income for street lottery is from advertisement but once again it is still new and doesn't have much advertisement.
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