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Using EA is a good idea for me, but when you can use it in the right time. If you use it just for the sake of profit then maybe you should consider to use it in the right time only. EA nowadays perform better than some newbies, but usually that is tailor made EA.

That is possible but let see how much capital you should have per trading? That would be so enermous if you have million or billion capital in your broker and leverage at least 1:100 $1000 daily could be possible with a note that you make profit daily. Here i am talking about earn $1000 not does it happen daily or not, but some people prefer to do average from their total monthly profit. So it looks like they earn daily.

Some people said something like that and it is true to certain extent. Trader still able to gain better analysis because of their mind which is relax and doesn't have much pressure and this happen in demo account. In demo account you don't have to worry about anything.

That usually happen when liquidity is high, that is when the volatility also not so high. This is understandable because broker want more transaction there but it seems there are less transaction also broker that offer floating spread tend to give real and reasonable spread rate.

This so called first time for everyone is actually exist but remember that not all traders can reach a state where they can make profit by scalping only. So i can assume that there are some novice traders that may successful to be a successful scalper too, if not some of them may lose bigger money than they can imagine.

When you break your limit there will be other limit, still there is psychological limitation but in higher extent, maybe one or two losses doesn't make you down but how about more? Maybe you will feel like a loser, so if you can handle this negative emotion more and more it means you're like someone who doesn't have any psychological limitations.

How about thinking that cross pair are profitable when it has bigger volatility compared to major pairs which has higher liquidity and relatively lower volatility than cross pair. What you need is predictable trend and not just volatile pairs, with this newbie can make profit and doesn't have to lose more.

Well aside from other reason i said before in this thread, there are some others one of them is focus. Newbie tend to trade with more than one currency. For me this is a wrong action. They should trade only with one currency to develope their custom strategy first. Trading with more than one currency requires more attention that not all newbies had.

I couldn't agree more with you here buddy clean history and regulated company, but please remember clean is not always clean. They might be not an experienced broker but enter into strict market and get regulated. Awards are not the issue here since a lot of awarded brokers actually offers something unreasonable and few of them become SCAM.

I've been trying few brokers before but settled with FXDD because of its good spread and reasonable price too. If you want ECN i only can recommend two, either IVbroker or Dukascopy. If you want STP FXCM and FXDD what comes up into my own mind. All of them are well-regulated also trustable and transparant.

Mostly New York session to me, especially during and a bit after high impact news usually it is about CPI, Retail Sales, Interest Rate, GDP and usually employment change. Sometimes Consumer Confidence also become a good turning point for me as many people expect something different there.

Forex trading or what people alled as curreny trading in fact isn't easy job to start with especially if you don't know what to do and it is getting easier as the time goes on, but if you want safier way then don't try to grab so much profit it, suit yourself and keep manage the risk.

First it seems that you should check the broker if you don't do that how can you trust that broker? I mean if you trust then it means your money is safe isn't it? Usually well regulated broker has segregated account where they separated for each trader's bank account and it is special for forex's speculation.

Up to now i still never change my own favourite pairs, i prefer all major pairs especially the first three which is EURUSD, GBPUSD, and USDJPY. For me it is easier to predict the trend of those three but major pairs overall still easier compared to cross pair such as GBPJPY even it has bigger movement per day.

One of the best strategy that i've got from someone since the first time i trade up to now. Trading with news bring relax trading and also more profitable trading for me compared to technical analysis which i did before. News also drive the price to the place where we can predict just based on that.

Let me tell you this simple logic, if forex is for everyone it means this business is very good, which means that forex has low risk high return so you don't have to worry so much with lose because it is a low risk business. It is like utopia. But it is not, fx is high risk high return business, and not all traders can handle high risk business some of them giving up so easily and just with this we can say that forex isn't for everyone, it is just for some who know the risk and want to handle also accept it.

I totally agree with you sidejob. No any unecessary cost again for us, we can simply trading and just in few seconds we can get profit or lose. It is simple and lowering overall cost for a broker to operate and for liquidity provider means competitive price that they could offer to everyone and of course with lower margin too.

UK language? You mean English right . Yes, it is more like exchangers from one side while it is like payment processor on the other side. I think admin want to combine payment processor aspect with exchanger aspect so it will become the major hub, it is just like what PAYEER did.

The dormant requirement which skrill has is easier compared to neteller, i know not all people can do transaction in 14 months but for login i think everyone can do it during 12 months period. Skrill on the other hand has higher fees compared to neteller.

It is quite safe if you ask me, first of all it is not located in US that might freeze your account. As for dispute it is subjective view, because not all dispute are true i mean even buyer could scam the seller because of many reason. After all,PM is okay to use in online shops.

This is why people must think twice but if their time is worth they should do it, especially if someone trying to trick you by hundred or thousand dollars, even it is quite long but it is not impossible to do dispute. For me this feature will make a scammer think twice when use paypal as their payment processor.

I think it affect it my friend, can you see how RUB affected russian's economy and since Webmoney situated in Russia, we expect something happening with them. Even WM is payment processor but i am sure that the core operating fund using rubble which is RUssian's Currency.

They might be lost some of their popularity but it still exist and also trying to rebuild its past reputation I know it might not happen in relatively short time, but sooner or later if payza keep hearing their most clients. It will change the core of Payza itself and my assumption it may getting closer to perfect money popularity.

So that is why i said that someone must be neutral when it comes to choose which strategy that will work for them because not every single strategy will worl and if you want to optimized your profit then you must be more flexible rather than before.

10 posts and it means that you already reached cashout, but paypal is a big problem because not all people who got into this one will use paypal but 0.05 rate is really nice, sooner or later people will come despite of its paypal nature LOL