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myregister
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Everything posted by myregister
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Well as long as someone earn from forex i think that would be important or even meaningful for them, but when they lose what they cannot afford then this business will have negative view on them. This is pretty normal since we are all in fx because of money
- 460 replies
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- Learning forex
- Should i trade in forex
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I don't think so, it is about control, greed if you can control it would be the best source of motivation and people see it as ambition to be a successful trader rather than greed. I am still trying to controlling greed and don't let it loose any time. Speculation exist in forex because of greed.
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Fixed or floating spread account?
myregister replied to boltushkin's topic in Forex General Discussion
can you tell me why NDD has fixed spread? The market is changing the price is changing so do the spread, especially to anticipate high volatility. Also big broker such as FXCM said that they have special fixed spread account which is DD and floating spread for NDD account. Not to mention there are a lot of certified broker such as FXDD also has floating spreads and many others such as Dukascopy or Interactive Brokers. -
Forex profiting require 3 aspect Experience, Skill, and also Management. Skill in here related to you analytical skill not management skill and as for experience of course you need it because logically the more experience you got you will be able to handle trading from various condition. Once you have those 3 trading forex profiting will run well
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True, this is why i always say to myself one, two, three or even four losses are normal for traders like me. Don't think too much over it. Up and downs also happening in other so called "stable" business. Do what as the best you can do and don't do anything harsh.
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Is it easy to earn money in forex?
myregister replied to lollabun's topic in Forex General Discussion
Everyone could expect but i think they should do that at reasonable level. You can't get big profit in forex if you cannot handle the loss. Also if you take your loss intelligently you won't ended up like this. You will be able to lower the risk higher than you ever imagine before. In the end making money with forex is not easy but not so hard too, you just need to stay focus. -
What factor is help to consistent profit in forex?
myregister replied to Upul Tharanga's topic in Forex Newbies
See, that is true good analytical skill plus our management skill. With those two minimizing the risk would be a realistic way to be happen. Also what i want to imply here is actually experience, with enough experience a trader can implement those two things effectively and efficiently. -
I don't know what kind of criteria you have for Neteller, but for me no internal transaction fees and also verification through ID card or passport are really helpful for many people around the world, as we know getting a credit card is not an easy thing especially in my country.
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solidtrustpay-solidtrustpay.com
myregister replied to a topic in E-Currencies and Payment Processors
@sidejob: After i saw your post, i went to Alexa and checked it and you are right. I do wonder is STP really popular to certain extent at europe, but i see that India and Russia on the top of users who visit STP. Actually that is just about visit and not the one who have an account there, but still has possibility to have account. -
So it is like they are not really popular but also not too obsecure compared to the other electronic money isn't it? Maybe they still need some expansion but what coming into my mind is that Okpay still need more promotion, it is good at least to make them more competitive.
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If we talk the effect of Egopay's demise to Payza i think there will be some people who move to Payza but not so much. Payza in the end still find it is hard to get back like when they used to be, i mean when it was Alertpay, the popularity and its comfortability is practically lower now.
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That is such a huge loss to me, and i agree with Sidejob but actually that is small effect for them, they will for sure lose revenues from potential US users, but gain many users from the other countries such as China, Brazil, India, Russia or the other country that still emerging. I think Webmoney is targetting such as country.
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Skrill (moneybookers) - skrill.com
myregister replied to a topic in E-Currencies and Payment Processors
Skrill for sure has good potential but this is just another payment processor that must compete with the other payment processor such as Neteller, Paypal, SolidTrustPay or Webmoney. I think Skrill should lower the fees a bit maybe at 0.8% or if they can 0.5%. That would be so much helpful against the other people especially in forex. -
If you think like that then this is a good idea from them, making them independent also make Paypal become one of the best solution that Paypal can do, its flexibility will help paypal to make the better choice sooner or later and of course the one who will get benefit from this kind of solution is the client or users of Paypal.
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I don't really following the news but actually as far as i know PM does not accept any single member from US anymore, and also i think Original Poster should change the thread name from PerfectMoney.com to Perfectmoney.is because the .com domain has been halted for around 3 months ago.
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Forex now is one of the Online Business
myregister replied to luke1's topic in Forex General Discussion
@kim One can scam you dude, you know there are a lot of brokers that already scam their users. The control here you mean is somewhat blurred, your money in broker and not in your possesion but still you are the one who trade and manage the money by yourself. It is still trustable business as whole but you must paying attention to the other aspect of FX. -
The Main reason Why Forex Fraders Fails.
myregister replied to asiaforexmentor's topic in Forex General Discussion
It is for sure emotion mostly because of their greediness. Even expert still find that in few cases they have greediness which is hard to control. My last 3 consecutive losses were because i don't really paid much attention to this one,i want to reach my trading quota target but ended up lost badly -
Well news trading is not really bad just like what many people said in fact you can make profit with it, but what i want to emphasize here that as long as you know the key when to enter after news and when not to do that you still can make profit with news that you use as indicator.
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Some said demo account is the best while few of traders i ever met said that real account is the most effective yet proven to be a pace to learn and earn at the same time, well actually i don't want to argue with this thing but so far i still prefer demo account for practicing that is all.
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For sure it is necessary thing to do but not just for forex, it is for the other business too. Forex need it because of its high risk and you must learn how to trade well and handle the risk which you will get later. As for me i learn from websites and practicing it.
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Investment without bonus? Well you can do that and i've been do that too. You don't have to get such a big bonus from your broker for each posts or for each deposit. It is not bonus that will make you a better trader but your strategy and skill.
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Paypal, Neteller, Skrill also do the same thing so what is the most special about them? I mean Okpay are great able to survive up to now and still doing well but in fact we don't know what will happen. Today they are not so popular like before, it seems their policy does not have much change too.
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Payza is actually a nice one in my country it has less popularity now but thanks for some exchangers it seems they are still valuable to certain extent, but not as high as perfect money, neteller or other popular payment processor balance right now. I just want them to change their policy, at least for their own sake in future.
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I don't trade in mobile phone every time i want to trade but my latest trading where i was loss actually traded from my mobile phone. It is quite comfy since the screen resolution is quite big but the problem is connection sometimes i experienced loss and get the signal back.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Forex for investment is another good idea that everyone could try but remember that the risk of using this type of way will be so bad. First of all forex is actually a high risk business, lose and you will cripple to death, next Fx investment requires bigger amount of money not just few dollars but usually around hundreds to million dollars.
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- long term forex trading
- risk in forex investment
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