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myregister

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Everything posted by myregister

  1. myregister
    1:200 considered to be normal, the range between 1:100 - 1:400 normal leverage according to me, more than that or less than that already so much. I personally will for for higher leverage, I don't know if there is a rich newbie that want to gain his own freedom through forex but i assume all newbies or at least most of them has low capital usually around 3 digits or lower than that.
  2. myregister
    @gaban: From your post, i can say what you want to say is newbie should looking for their own risk and their capital. Well to be honest it is a good advice but lack of some explanation about that advice. In this case Risk management the most important part of forex a trader should always looking for it, capital is the main source which must be protected at all cost.
  3. myregister
    As title said forex and we. So i assume that there is a relationship between forex and traders(us). This is true because we are the part of forex ecosystem and technically the one who move the price is trader not broker(unless your broker offer dealing desk account). Since this relationship is so strong, you cannot separate it all now.
  4. myregister
    Some people got addicted to foreign exchange, this is understandable since foreign exchange is one of the most notable business where people can earn a lot of money if able to trade with the right manner. This kind of act actually doesn't good but do you really know if you are addicated? Please feel free to discuss about addiction in foreign exchange and what caused it.
  5. myregister
    It is surely important for traders, virtual account or what we called demo account contain no risk and with this charateristic, people can see demo account as a good place to do experiement or as the place to do trial and error thus use it for their own sake eg:: Newbie will use demo account to make theirselves familiar with button and all things they have learnt before.
  6. myregister
    Trailing stop loss order works like a traditional stop, but has the ability to move to a better price as the price getting better and better. I think this is one of the most overlooked feature that offers by trading platform such as MetaTrader or JForex. So what do you think guys? Please share your thought and let us discuss further about this Trailing Stop.
  7. myregister
    Username : myregister Amount To Request.(DMT points): 1503 Perfect Money ID : U6830960 Hope My request will be Approved soon
  8. myregister
    The best myth of course is you can become a rich person through forex just in shorter time. I said that it highly won't be happen, because forex is such a volatile busines yet provided very high risk if you cannot maintain the risk in the right manner. And there's no anything such as holy grail strategy, that is a pure myth.
  9. myregister
    @sidejob: So far demo account has been changed foreign exchange radically, this is something that many kind of concept cannot do. Trading cost is lower and there are more people who willing to join forex and spread this business around. Thanks to its no risk nature, forex become more popular with the help of this demo account.
  10. myregister
    Yes, one of the reason why there are a lot of experts suggest newcomers to first familiarize theirselves with forex is only in demo account. No risk, all are virtuals, limitless capital and you can virtually create a lot of account in this case your previous account just reached margin call.
  11. myregister
    Well to answer original poster i would say if forex become a full time job for me then it must be a time where i can earn regularly with forex at around $3000 or more per month not less but more is okay. Depend on fx as main job would require a lot of high and strict requirements.
  12. myregister
    Sometimes you get margin call? Well i don't know how much money you lose so far but if sometimes you said then it means that you in certain cases lose your account and that is not good. Forex for anyone or someone who depend on it for sure an important thing, but for students or someone who have other main job, it is still important but not as big as someone who depend solely on fx.
  13. myregister
    This is so wrong. Putting a lot of indicators in your chart would only lead to confusion, such state would be so bad for traders and reduce their chance to make more profits. I think a trader that cannot make their trading strategy or analysis as simple as they can be without sacrifice its accuracy still cannot obtain optimized profit.
  14. myregister
    If you have CNBC or Reuters then it would be so fast to get data. If you just use free forex calendar the delay is exist, from 30 seconds up to 5 minutes. That is too long for me, with using CNBC you even can trade in less than 30 seconds after the news released and take advantage from it.
  15. myregister
    I think not just strategy that become more innovative as the days goes on, Indicator also bring many perspective for trader to see the market trend. Well, a long or old indicators such as Stochastic or Moving Average still exist and used by a lot of traders but with its desecendant that we find shared by some people would bring another horizon for foreign exchange analysis strategy
  16. myregister
    If you want to understand forex, you must have knowledge about it and then practicing. Both of these would help you to trade and learn effectively and efficiently. If you only have one it is either you cannot earn anything or you can trade and earn but won't as effective /effective as you combined both of those aspects.
  17. myregister
    It is clear that with demo account one can trade without any risk, they can create an account or even another more account so they don't have to worry if the worst cases that their account reach margin call. This advantage of demo account over real account which real account lack of
  18. myregister
    Of course you won't know anything if you don't understand it but what we are talking here is not that. Newbie shouldn't depend on forex as their main job as their main income. You cannot simply make a newbie earn hundreds or even thousand dollars in few months? It will take some time for them to reach that state, just with this we already know that as newbie our earning won't be so good and depend on forex as a newbie is the worst mistake ever.
  19. myregister
    Hold on, not only long term that will offer experience, all kind of trading will offer experience with note as long as trader want to learn from their mistakes or their successful trading. The key is willingness to learn. As for long term i see that is just a part of trading, we don't have do it but it would be good to know at least the basic knowledge of it.
  20. myregister
    You can use small lot size even if you have bigger capital, eg: You capital is $10000 but still use 0.01 lot/ micro lot. That is possible because you want as small risk as possible. But i agree with you if our capital is getting bigger then it is good to use bigger lot size too. That will give us more chance to earn in bigger amount.
  21. myregister
    Scalping is basically a technique or strategy that aims to make a profit quickly and with use small time frame and usually the position closed in relatively shorter time than those swing trading. Some say though fortunately a little but often this technique requires a high enough concentration so it is wise to eliminate all forms of distraction.
  22. myregister
    So we talk about metatrader here? Well i must say metatrader is one of the best platform ever. It provided us a way to trade from our home, it is easy to use for manual trader and also for someone who prefer to use their own expert advisor. Not to mention it is well updated and free for client traders but not for brokers.
  23. myregister
    It is neutral thing, i think autotrade or copy trade to be exact as innovation in foreign exchange especially for someone who love to trade using internet. Profitable or not then i cannot answer based on my limited experience trying this one, i must say it is not really profitable but still it is worthy to note that there some traders who you can depend on even they also cannot 100% or even 90% to make profitable trading.
  24. myregister
    Well i agree with you all of them already included in my own risk account. Trading skills well i am not so expert but keep growing and keep learning. As for money management that is set up with rules which i've been introduced by some people, and last controlling emotions which i still find hard to control especially with greed and disappointment, usually i violate the my own risk management rules because of that.
  25. myregister
    That is also depend on your strategy but once again you should back to you strict risk management rules, I've do it many time(breaking my own rules) and most of the results are very bad. I only once gain double profit but the rest are double loss. As long as i don't exceed more than my 5% total current capital that is not 'more' but still 'less' to me.
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