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myregister
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Everything posted by myregister
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The strength of the Euro against other currencies
myregister replied to euro's topic in Forex Newbies
Euro is just like other currency in fact i heard that RMB already replaced euro as the most traded currency. I think people realized that there's shift but it still considered as strong even RMB gain its popularity and also EUR as we know has good history and nice welfare states. -
Paypal officially listed as different company in stock exchange right now. Means officially they will be the only payment processors so far that listed in US stock exchange so far. According to me this is a giant leap to monetized paypal more.
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Eh? Another hourly profit based program? High rate combined with hourly plans are not sustainable, i don't know but i will predict it then it may only survive not more than 7 days. Before that investors will have problem with payment. With a lot of investors that invested here i think it's better to think twice.
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What? is this program really stable. I doubt that it may survive at around 1 month, with very unsustainable ROI rate people already can judge that this program only able to survive not more than 14 days at most if admin can manage the money well.
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Standard program and has sustainable ROI rate. I won't say this program will sustain for long time but with there are alot of HYIP monitors that monitoring this program and also SSL completed with DDoS protection, i think it may have chance for survive around 2-3 months. If i must give rate then it will at around 8/10.
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Forex requires mental capabilities
myregister replied to PROPENSITY100's topic in Forex General Discussion
True, it is not easy but not so hard since there are a lot of traders already prove something like this. Mental capabilites is actually important but many people think that is not really important as long as you able to keep making profit, but the question later is how long can you make a constant profit? -
Trading itself is actually a big challenge for trader, i see every time i trade i have challenge how to analyze the market and also enter market while make the profit which i already targetted before. As long as trader can handle that challenge i think they may survive.
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How many lot size that you use in trading?
myregister replied to andry777's topic in Forex General Discussion
Well in my own opinion as long as you have big margin to hold your loss later i think using much lot size isn't a big problem here. Big lot size such as 1 lot size is good for someone who have capital at around $20000 but of course with leverage at around 1:100. -
Even we have but actually there aren't much variations. Ctrader, MetaTrader and also Java Based platforms. The others are propetriary software. Mostly brokers offer at around 2 or 3 differences of platforms with 98% are Meta Trader 4 or Meta Trader 5.
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Had limited experience doing scalping?
myregister replied to uncle gober's topic in Forex General Discussion
I don't know at the moment why brokers should do that again. There is limit because of their server ability to handle this is not as big as many people percieved. Also scalping will give much load to server especially to those who trade in fast pace and with multiple pairs at the same time. -
it took quite a long time to get success
myregister replied to andisatria's topic in Forex General Discussion
Sure, i see that to be a successful you need at least 10 months or even more for someone who does not put so much pressure to theirselves if you are not someone who do that, it may even takes 2 or 3 years, but if your cases is perfect just one year you will be able to get your capital back. -
Good risk management? What are you mumbling here? I mean controlling greed does not have any indirect correlation dude. Well, controlling greed is a better action that trader need to do. With controlling their greed they will be able to stop their greediness that will lead them to their own demise.
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How much to invest in PAMM account
myregister replied to TenkoFx's topic in Forex General Discussion
It is hard to know how much money that we should invest here because some people has their higher stadnard for minimum investment while the others has lower minimum investment, i personally prefer at around $100-$200 as minimum deposit in PAMM, my first investment in PAMM was $100 i ended up get around 90% before a trader that i choose lose his account. -
What are the tools of successful trader???
myregister replied to showrov1993's topic in Forex General Discussion
First a good mental for trading, this is useful for now and in future. Second, they need some bucks in their account, you can't trade without money isn't it?. Third, they have a set of experience or at least nice confidence but not overconfident about their skill and market condition. Fourth, They either using technical or fundamental analysis, Fifth, they always able to manage the risk by using a strict rules from their own risk management, -
It is cut profit but the system who did for us not us, in this case the system is the platform that we are using and you can say that robot that execute this one for you. Well i prefer this way since it is more comforatble and i don't have to spend much time in front of computer cause it is too tiring.
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Don't be so much strict, you can be strict but don't be over like that. I think minimum leverage should be at 1:100 and also there is adress verification if must be sure or especially with big money it must be more strict if possible must be verified through phone with some questions later.
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So do i that is my goal, making profit in forex means we are getting more pips and more money. This is also a big satisfaction for trader when able to make profit, especially if their overall trading ended up as profitable trading but it is not easy to reach this condition, it requires patience, good timing, and much experience.
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I Think Forex is Just Gambling , Do you?
myregister replied to kiranchandra's topic in Forex General Discussion
I don't think forex as gambling, if you think forex as gambling i am sure you will trade with gambling way, just by guessing is that currency price will rise or falling down deeper. I see people make a mistake about it, gambling is not forex and forex is not gambling itself. -
Fixed or floating spread account?
myregister replied to boltushkin's topic in Forex General Discussion
@sidejob: NDD for sure is better rather than DD broker, and according to the experience i got so far NDD will route your order to the real market and you will be matched by the real price not just made price that will make your broker loss all of their money. This one of the reason i choose NDD broker. -
There are a lot of brokers out there that could give you more money if you want. But with some terms that you must agree, usually they offered through a forum where you must attach your account in that forum and then if you reach minimum payout you can request your balance.
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If you want to make money online through forex trading then trade in a trustable broker which regulated well, and choose a strategy that rewarding where it gives good and stable risk reward ratio for you. Spread is problems for some but not for the others, just choose the right time to open a position.
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Why you should not trade unpopular pairs
myregister replied to euro's topic in Forex General Discussion
I don't think leave greed is better, why i defend greed here? Because greed is the main reason people trade. I always remember what Warren Buffet said Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. It means you need to control emotion not to leave it, surpress it when others are greedy so you don't fall to pit but let it like tamed beast when others are fearful. I think you already know what i mean by this. -
I don't think leave greed is better, why i defend greed here? Because greed is the main reason people trade. I always remember what Warren Buffet said Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. It means you need to control emotion not to leave it, surpress it when others are greedy so you don't fall to pit but let it like tamed beast when others are fearful. I think you already know what i mean by this.
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Of course it will affected the market a lot, but remember there are rare or few cases that it is not like that the first and the only one that really affected price of each currency is the psychology of trader itself, where they decided to buy or sell. If there are more people that BUY than SELL the price may stay intact or even Interest rate is falling down but they still think that one country economy is good in future, they will still keep that money.