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myregister

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Everything posted by myregister

  1. True, i also think that forex is not a scam this is just another business like others the one who will be scam is not forex but brokers or even banks who provided the liquidity to those brokers or even PAMM manager who claim they are trade in forex.
  2. But not too much strict, i mean you can trade well too without need to give much of your data and who knows what they will do with your data?. For me funding verification which like ask people to get from where their funding source is a good idea to prevent this so called gangster or mafia to enter or at least to discourage them.
  3. With a right mental you can be strong for sure, so make profit would be easier for you and for sure it means that someday you will be successful to your career as forex trader. All traders in fact require a good mental capabilities because if not they will be like quitter.
  4. @david warner: Post in english, this is an english forum so you need to post with english not indonesian language. @sidejob: Forex itself already a risky business even when we enter the market as trader. This is normal and i don't expect anymore from this. As investment no matter as investor who don't participate in market or as trader you still must bear the risk too and just to tell the risk is the same high.
  5. Same here my first but not the only indicators, news is very important indicator to help me trade. I see many traders feel that my way is too risky but that is not the case, with news trading i feel like i don't have to trade everyday and just need to focu with one or two trading.
  6. Sometimes i trade via mobile phone only when the time allow me. Trade via mobile phone could be so different compared to the other way especailly through notebook or desktop computer, with small button compared to in PC maybe you have problem to tap it. Via mobile is a good experience for many traders to try.
  7. True, risk management is very important thing, it does not mean that you have to hedge your positions and then fail for example and trying to do that again. So if your risk management already good doing hedging won't be such a big issue for you later.
  8. At the moment i prefer Neteller, it seems Sidejob and me have the same reason because of lower fees that i must spend for withdrawal and also deposit. With neteller trading becomes smoother, makes our life easier than before. Also since this is electronical payment doing those thing could be done even you are in other places, as long as internet exist.
  9. Higher spread but the movement is really good so far and yes harder to the predict unless you already getting used with it. Many of experts trade with unpopular pairs and still make profit from it. Basically for newbie wait until you got some knowledge first.
  10. First of all foreign exchange is not a company that is a market. Market where all currency or money from over the world circulated inside. Many people exchange their money not for the sake of profit but there are a lot of them too which speculate in order to gain bigger profit. Since the market is so big so do the profit and that is why it becomes more popular.
  11. True, that is what makes foreign exchange and gambling are totally different. Speculating also is the part of trading where people buy lower sell high. It is quite absurd to say that gambling is just another same thing like foreign exchange.
  12. Lucrative but at the same time high risk not profitable. Profitable or not is not because of us since the market itself is zero sum game. Only the one who speculate will be losing much in foreign exchange, since they are ready to take the risk i think that is fine as long as they know what to do, In order to take profit someone need to take risk too.
  13. In fixed sometimes you will get no requote too and the price is competitive even some broker offers fixed spread and lower, but remember i still don't choose it because it is a place that simulated by broker and if you win broker lose their money. If you are risk taker, then fixed maybe for you for me floating spread is the best.
  14. Many would say they are someone who quit before doing something but to be honest forex trading is not really easy, maybe for opening or closing account is easy but to make profit? Not all can do that, even myself who has been trading for near 2 years still fine problem with my emotion.
  15. Fundamental is the main factor why i can make profit in forex trading right now, most of my trading is fundamental analysis alone or combined with technical analysis. It's because i don't have to trade every day and push my luck. Also i think that fundamental analysis based on solid data.
  16. I think a trader should think of how they trade, not all traders can make money in relatively shorter time. With or without skills and experience a trader should be able to minimize the risk first and not just by counting of how much profit you will make.
  17. Yes it is important because it's not just make a trader become better trader but it also helps them to sustain their trading. The good or positive effect for this is you will be able to trade relaxly compared to before and tension is less if you are able to do it.
  18. Very important not just important, the one who drives market price a lot is news especially for high impact news. You can get around 100 pips in 1 or 2 day if there isn't another high impact news that against result of previous news. Pips which i got today is because of fundamental analysis mostly.
  19. Forex has no such a secret. In order to be successful you need to be resistant to loss and also have dynamic thinking. As long as you able to do that then you will be successful enough and my even upgrade your life standard, some people even said you'll be relax more.
  20. Because they don't know what to do that is why they see it as mystery and the bad part is usually people can judge to that easily, without need to confirm it first. In fact forex is not a mystery even it has hidden side which we don't know. Overall forex is nearly 100% transparancy and the most transparant business over the others(like stock or futures).
  21. Scalping is one of the technique that has been used by a lot of traders. This technique emphasizing on a trader's agaility when execute the position which already opened. Aside from that risk reward ratio that scalp has is not balanced, which may bring bigger threat in future for each traders who use it. Scalping is good for trader who has advanced skills.
  22. Well, to be honest 99% of my trading is under of my own control without any intervention, but if what you are talking here is more like the routing of my order i think i'm not really know what about it or having control over that. As long as i can put SL by myself open the order at good price manually by myself i think i have control over it.
  23. They cannot control their greed well, this is the problem that mostly forex trader are likely to make. It's the same like me I trade 10 times in this month and only make profit in my 6 trading while the rest four are loss for me. That is because i cannot hold myself.
  24. How to spot the right trend is also good with that we can minimize the risk, and of course doubling our profit. Scalping is not really profitable or profitable is depend on traders to spot that trend. Scalping is just another technique that people can use aside from swing.
  25. Asking how to spend? LOL, there are many ways but actually all of those things divided by two. Investing it back which called as compounding and make more profit or withdraw those profits and treat yourselves a better lifestyle. Just choose which is more suitable for you, you don't need to hear anyone who want to judge you.
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