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myregister

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Everything posted by myregister

  1. myregister
    That is depend on you, self-paced learning is not a big deal too but mentor is good if exist even you do self-paced learning since they can give you some instruction to help you especially if you lost on something or there is something you don't understand, sure it would bring faster progress to you.
  2. myregister
    It is an indication that someone plain scared to lower frame, nonsensical believe about lower frame isn't good for their health. Since you can see 1m frame it seems you use MT5, i prefer M5 or M15 only in few cases to be honest lower frame makes me able to react faster rather than the big frame.
  3. myregister
    Hm, perhaps we are using the same way i also use dailyfx and beritaforex but i replaced beritaforex with fxstreet since fxstree offer more real time result compared beritaforex and even mroe than forexfactory. Actually the best place to get real time news is from cable tv, but that is really expensive for me. So calendar site is my only hope LOL
  4. myregister
    @standart: Sure that we have potential to get decent income from forex but to make it true requires more than that and not all traders could achieve it. Also i agree with @sidejob People only think about profit over and over again but doesn't realize that forex is a high risk business. High risk means there is fat chance we may lose our capital, and the best way to reduce its risk of course by our own risk management.
  5. myregister
    @gaban: Yes, demo account is always be the best place and i don't think there is a place that could replace it. Well real account which a counterpart of demo account is real thing and people can practice but also since it is real there, the risk of lose is bigger there since we just use that as the place of practicing foreign exchange.
  6. myregister
    Investing our own money in forex is quite good idea but is that really good for us? Investment in forex is a risky step, not because it is not a good business but rather because of foreign exchange is one of the business which has bigger risk compared to the others such as Stock or Make an offline shop.
  7. myregister
    Well we are here talking about leverage isn't it? From what i know leverage is a tool to help your capital increase in its value but also increase the risk. the more its value the more your capital will increase its value which give you more advantage since you can afford bigger lot size for you.
  8. myregister
    With planning? Are you kidding me? $1000 is nearly impossible and even you can achieve that, how long can you endure it? Can you keep making $1000 daily? The answer is impossible. No one ever can survive to trade and make profit over and over again and never suffer a single or double stroke of loss.
  9. myregister
    There is exist one, but that requires a lot of capital and you should have more than regulated broker. The way that original poster said still has risk and it is either market or human error, but with the strategy which i said before the error is only human error, maybe they mistake to put the same lot size, so far the only error i know is like that with that strategy.
  10. myregister
    So it is perseverance isn't it? People need it and that is what make each single trader survive that is what you want to say here? For me forex is a new way to earn, an investment that i hope sooner and of course in long term would bring more benefit for me, more profit and better standard of life to me so i treat it seriously even i trade in leisure time, i don't have to be such a strict one.
  11. myregister
    I just realized you post there and actually this is true, it is uncontrollable in the sense that no one governing it. Even it is better in terms of inequality but you should know that BTC is very easy to sway and we can see the event which resulted on that thing, it will be good for very high risk investment but for forex many people will think twice before use it.
  12. myregister
    By the common logic we know that scalpers won't have much risk, but that is just the first type of scalpers there is a scalper that actually prefer quality over quantity, with a slight higher pips they are ready to risk their position for bigger pips. This is justifiable since their earning is higher than typical scalpers who just target small pips such as 5-10 pips per position.
  13. myregister
    We are trying to avoid it with update if there is a new update from your provider in this case if you use MT4, then if there is an update from MetaQuotes then you should download that update and fix your trading platform, and in future something like lose because of malfunction in your platform won't exist.
  14. myregister
    Couldn't agree more with you. Rebate is one of the most innovative product that a broker could offer for their own clients especially for those who become introducing broker where they promote a broker to the other new clients. It is also good as motivation for trader to keep trading.
  15. myregister
    We need to know what is work here? If that is just work every robot should work, but if work here means that robot doing perfectly and make profit then it is not always the case. Remember, robot trading gained more share because of its advantages over human and it is getting better as the day goes on with new plan or formula.
  16. myregister
    I've been doing foreign exchange business for some time so that is why i know about it. All must be in the right amount if you take too much lot size your account will collapse sooner and i think the bad thing you may get is Margin Call which led to your account get a block from broker.
  17. myregister
    Not just take profit, in risk management you must know how to use SL perfectly. The ratio is 2:1 means that in the ideal condition your TP/SL ratio is at 2:1. By the way, little profit isn't bad since profit is profit nothing wrong with how small is that, in fact we should be grateful to create profit than create loss.
  18. myregister
    @sidejob: Not again. You don't get it? It is easy to turn your expert advisor by MT4, you don't need any complex way to do that. Just get your EA and then copy it in EA folder and then run it through your platform the same thing happened for Indicators you all want to use. @ kim You can use platform aside from MT4 like MT5 or JForex if you want, but it would be a bit different basically if you just spend few times to trade with then you will know abut it. Overall the best trading platform still MT4 especially with support that MetaQuotes still give to it.
  19. myregister
    You can be afraid especially with the uncertanity which sometimes happen, the main point of this whole conversation or discussion is know when to afraid or when take a risk you should do it intelligently. Since using RM is the sign that you fear of losing, face it all people in forex want to make profit so bad isn't it?
  20. myregister
    LOL i think something new or something fresh that original poster want to share here but that is just pamm. Well, when we want to invest in pamm what we need to know is how good we are when are trying to choose pamm manager, we are the one who decide to where we put our own money.
  21. myregister
    Not at all, since i felt is as the day you experienced it is stay the same, not easy but not so hard. It still tough but not in all ocassion i feel like so so. Maybe because after some huge losses i suffer before and also taste quite nice profit after that. I learned forex isn't totally scary or so cheap but with note that as long as you stick with your risk management.
  22. myregister
    Well i think what you mean above is it doesn't matter if someone read one pages but understand it rather than someone read 10 or even more but don't understand it. That is right, but that won't work with forex , forex is vast the knowledge you get is not only in one page and if that will be put in one page it would be so long. The best education is read, understand and practice, don't wait for such a long time.
  23. myregister
    Yep, even it is quite hard to understand yours but i get the point. To me use our own individual money, i mean "hot" money or in my country called "kitchen" money/bucks never be a good idea it will only increase the risk and affect someone's psychology when trade and after trading in greater amount. Forex is suitable for cold investment, the money that you don't use everyday but quite a lot and you don't know what to do with it that will affect your psychology just a tiny bit or even not affect it at all.
  24. myregister
    Euro exchange rate movements at the end of the Asian session moving stronger against USD, having opened weaker at 1.08581 in early trade. It seems carry trade sentiment and USD's weakening momentum become a reason for EURUSD to experienced weakening revision 2 consecutive days. Quiet the fundamental direction today make price more influenced technically and also by USD's movement. And the evening session is expected to weaken the dollar could technically so the pair can rise again. EURUSD today is expected to have the support level at 1.0890 and the resistance level at 1.0948.
  25. myregister
    USDJPY movement in the Asia session moving down after weak opening at 117.74 in early trade and is now at 117.68. Yen lifted again by the market's view of the Chinese government's efforts which are still lacking to restore financial market, but the data was overshadowed by poor current account in November. Evening session is expected yen will be corrected by the recovery of China's increasingly projected to be stimulated again by the central bank today. USDJPY is estimated to be has a support level at 116.95 and the resistance level at 118.29.
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