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myregister

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Everything posted by myregister

  1. myregister
    Mostly newbie will be like that even some of them still aware how important that SL and TP for their trading sooner or later. Of course, those articles have low chance to fool us all, but let me remind you that SL isn't only the answer, there is one time when the price keep falling and nearly reach your SL but after few minutes to some hours later rise confidentally and even break your TP before.
  2. myregister
    It is actually simple and also easy business, you just need to sell high and buy low LOL actually that is not really easy because how do you know that the price will rise so we can buy and sell later or when the price will fall so you can do the opposite?, the answer is that is analysis but that is a complex way yet i think the only way too.
  3. myregister
    I don't know why that thing is change, but it seems your broker that you are using right now are using different server i mean different market for demo account and your real account. If that works in demo account it should be work in real account, and the answer for this thread is actually psychology or the way you feel about demo and real account, that makes OP think that his/her performance in real account worse than demo account.
  4. myregister
    Forex as investment has bigger possibility to be done, since forex itself need a lot of money i find it is normal for people who has interest in forex but cannot trade invest their money through PAMM and choose the best manager to handle money and bring them profit.
  5. myregister
    @sidejob: Let me meddle into this one, and i think that is not so firm rules. Anyone can do that if they want and reap more advantages from this mentoring. In my own opinion, mentoring is a better solution but not so final solution i advise you to think it first before trying to do this, is this worth or not?
  6. myregister
    Small screen and few differences when you use indicators, i see that you cannot use as much indicator as you want, but for me who depend mostly on fundamental analysis using mobile phone is not a big deal, i even get more advantages like flexibility when trade later.
  7. myregister
    In the end many people will find the same thing between forex and also gambling, like its speculation for example. Even forex and gambling are fundamentally different but speculation makes it related somehow where in gambling people do speculation by predicting and the same thing we do in foreign exchange too.
  8. myregister
    That is why i said in future this invisible connection surely will affect foreign exchange and of course we can see it already happening, also US Dollar that somehow become another commodity like gold or silver or oil. If US has bad time or recession, those commodities will getting better than ever.
  9. myregister
    Let me tell something here, Robot in fact can only make decisions based on the settings that has been programmed into them, While manual trading on the other side is also easy to decide when a trader has enough profit and thinks that the growth will be in his favor. Trader who are experienced will be able to fell if they are profitable enough based on skills and does not limited by codes or programmed settings followed by a robot.
  10. myregister
    @sidejob : Your example is good enough, i think most of people would understand what you want to say here. Newbie tend to be emotional and reckless without thinking first. Losing here would be finer compared to losing their money in standard account, with higher margin requirement on standard account and higher lot a trader's loss for sure is big.
  11. myregister
    Depend on the trader my friend. Trading with more than one broker still advisable if you can trade better, more than one broker logically means more money for us as long as you are capable to handle more than one trading. So put that in mind that capital is not really big problem it is your capability to manage those accounts that must be questioned.
  12. myregister
    Even though it is very hard to admit, forex robot or automated trading or flash trading become common things nowadays, big trader or bankers or like instuition you said are still using it. It is actually reliable to certain extent and has adaptive algorithm but even like that it is not really flexible as human this is why mainly majority of money still in the hands of human trader and this is one of fx robot disadvantages.
  13. myregister
    You are right about Skrill has competition against Neteller and not with SolidTrustPay. I think they are trying as they offers not just innovative way for people to pay money, but they also offer nice promotion and even contest for their users with this sooner or later Skrill will still gain more people.
  14. myregister
    Most traders won't be affected by this cases but i think government is the one who will feel lose because they do money laundering through legal way and this is hard to detect once they trade it for around 1-2 months without any follow up. This new way for sure will help them to clean their own money.
  15. myregister
    I make 99% profit from fundamental analysis, why? Because fundamental analysis bring more chance for trader to see the real price, i mean sometimes the sentiment drive price to both higher and lower level than what fundamental can afford. The effect of fundamental is big and will drive sentiment of trader.
  16. myregister
    One year? You can even trade less than that, it is all depend on your talent and your frequency when it comes to trade, as long as you keep trading and learn faster trying to adapt if you create more mistakes then you can use demo account in less than 12 months, i personally has few friends who use demo account in around 7-8 months only and does not use frequently now but still make profit.
  17. myregister
    Well, it seems that binary trading is not safer than forex trading, and to certain extent that even equal to both side. FX i see in most cases as safier thanks to their risk management tools such as Take Profit or Stop Loss feature that makes me feel safe and able to control my risk.
  18. myregister
    Electronic transfer is one of the best type that i like the most convinient more than other type. I see the security issue is a big deal but it is not a big matter at the moment as i think most of electronic service are secure inherently, so Neteller and SKrill are the best option.
  19. myregister
    It has been discussed for many times and the answer is YES. You can turn forex as main job it is not a matter of the forex itself but the matter of traders. There are many variables you need to know one of them is can you sustain your profit for quite longer time and earn bigger than your current job while at the same maintain the risk to the lowest leve as you can? If all are yes you can make it as your only job.
  20. myregister
    Since FX digitalized the way for this business to enter "online" state is open wide. Right now it is one of the online business where people from around the world can enter and earn from it of course with the help of brokers that offer many services to liquidity provider. So with this thing, we can trade anywhere and anytime which is so much helpful compared to old days trading.
  21. myregister
    Based on the result of OP i think he/she is ready enough but the question next is how to cope with stress if suffering big loss, i mean that strategy won't bring much profit but still there is possibility to lose too. Also i suggest that spend few weeks or months to prove it in long term, once that over he/she is more than enough to leave demo account.
  22. myregister
    The same question could applied to you dude? I wonder if somoene does not have greed how can they trade. Greed is something that you can control well you can leave it too but that means eliminate the greed. Controllable greed is one of the best option to optimized profit. See Warren Buffet quote for example, what you need to do just control not leave it.
  23. myregister
    Yes, forex in fact requires mental capabilities. For someone who does not have enough mental capabilities and just want to make profit without knowing or can't bear any risk i advise them to stop at the moment and withdraw their money from broker, this is high risk yet lucrative business at the same time. Cannot take the risk it's better to stay away from it.
  24. myregister
    Yes, i couldn't agree more. Take Profit is a nice feature which trader tend to forget and still worthy until now. I am optimistic as the days goes on many people will realize that this in-built feature are so much helpful for us to maintain the risk.
  25. myregister
    They failed to see the core concept of forex itself which is trading, i know speculation will make it more like gambling but isn't buy low sell high concept also applied to someone who want to get profit? This is pretty normal, and gambling is actually speculation without any strong analysis behind, just guessing i said.
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