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I don't know if scalping is really profitable because according to my own view, scalping has bad risk reward ratio. Scalping is really good for some but i see that 1:2 risk reward ratio isn't very rewarding and also i must monitoring my position for more than 4 hours without doing anything is tiring activity.

Maybe this is one of the reason why Neteller use ID card for verification because they know that many people in developing countries cannot get CC as easy as in Advanced Countries. For me this is a good idea and the process is even faster which want to promote it.

But the payment which is slower somewhat lowering people's expectation and also their post progress. You also can see that many threads in payment processor section has been closed which means that someone who has knowledge in forex are the only one can post considerable amount of posts here, but one thing we should note here that admin is still paying up to now.

@decub: Just like what sidejob said, remember that this is just for WM not for the other payment processor, it would be bad if there is a good project and someone want to fund it but cannot do it because they don't have PM account. I also agree and could see the point of sidejob's post saying this is just another promotion from WebMoney, and i hope it works especially in area like Russia, Kazakshtan, Caucacus region and Turkey.

@sidejob: That is true they were popular when their name was Alertpay, many people made AP as their first payment processor to earn on many kind of business including forex or PTC site even some used it in HYIP programs. Once it turn into Payza they have some strict rules, and right now even closed starter account which is a bad idea.

In my previous posts what i mean is prepaid card fee for withdrawal not for internal transfer using skrill service, with internal transfer you only get 1% which i still think is low compared to others which offers even more than that and reduce our own balance in fast pace.

If you choose the right broker for sure your money will be safe not for 100% but 99% wil be safe. Also i find out that credible broker that mostly regulated having a good support for their clients, solving issues in this broker is easier compare to the most of non regulated broker.

If you choose the right broker for sure your money will be safe not for 100% but 99% wil be safe. Also i find out that credible broker that mostly regulated having a good support for their clients, solving issues in this broker is easier compare to the most of non regulated broker.

You can use MT4 or MT5 and don't have to use Java, for me you can use anything you want as long as your computer has fast and also stable internet connection that will help you to trade, You don't have to worry what kind of platform that you are using you should worry can you make profit from it?

The mental capabilities that we are talking here is how people will able to accept their trading if that will make them frown or excited. In this case we can see if traders are able to perform that well resulted to better management of their trading.

So do i how can you ignore this useful tool that help me a lot to cut profit as fast as possible even i don't turn the platform ON. For me TP worthiness has been proven but still there are many reason why people don't want to use it. If i don't reach my TP i just cut the loss manually and still in profit isn't it? No loss, also we can feel comfortable with it and don't have to stare monitor for long time.

But we are back to the fundamental of this issue that Fixed is DD broker while Floating one is NDD broker. What do you think about that? Those are different things the first which is DD is playing with you and want you to lose, while the second which is NDD is really broker that doesn't care if you actuall win or loss but would prefer if you win because it means more probability that you will trade again later.

True, this is why we see a long long way for this adaptation and this is why MT4 still the most popular electronic trading platform compared to its sister platform which is MT5. MT5 supports MQL5 while MT4 supports MQL4. I hope MetaQuotes should learn about this and in future when MT6 is launched it could offers better migration or at least backward solution.

But it would be bad just look at US which impose strict rules to its poeple with lowering the leverage to 1:50 at maximum. Or Japan where there are high taxes there and also strict rules of your funds and lower leverage before you can start to trade, but the effectiveness of this way is questionable. Being strict to rules because our concern of gangster issue in forex is fine but not to be overstrict like that.

Not exactly the most harmful, it is just the same like fear. Sometimes fear also helpful if a trader still know it and obey it in the right time. Without greedy you may don't trade now and this is why we must controlling greed at all cost not just only eliminate it.

Depending on personal rather than trade because not all consider earning money in forex is easier compared to the other business. I personally see Forex as something that is relatively easy, just imagine in less than total 24 hours i get $5 with just click buy and sell button? People in my country need to work more in order to get that much, only Upgraded member with a lot of refferals in PTC site and HYIP investor that could beat it, and selling stock for sure.

Forex can be a main job as long as you can make profit from it. If forex is not stable enough i advise forex only turn out to be a side job only.This thing need to be done for decrease the rate of fatal error which resulted to more losses. Also you may bankrupt if your main earning is not stable like forex.

Yes it is better because when controlling greed is something common for you, it means you can control your trading which will be convert to more efficient and effective trading, also if we want to be honest controlled greed usually resulted to a profitable trading.

The reality about earning money from forex is that you may not earn what you expect because of your dream is too high. Remember this also that earning from forex does need management, you cannot earn by only profit but with a good management, with a good management anybody can optimized profit and in this case diminish loss chances so the overall profit is higher and bigger rather than when don't use it.

@ decub: Of course everyone is talking about profit and that is not just average person even someone who has a lot of experience in forex also do that. But this daily profit is really impossible forever, for certain range of time i think it is possible just say daily profit for 3 days or 5 days or even one week still possible.

Major pairs are the only 1st choice for me, next is cross pair but i can do it only when there is change in the interest rate. Major pairs mostly because of its movement which is predictable, and gain less than 100 pips is possible here even with short term strategy.

Virtual trading means that all trading are virtual and our profit or even loss still virtual and nothing real here. For me this kind of place only for learning not for earning even there are some contest for it but i'm not interest, as for real trading it is a place where you earn, actually earning here is quite good but i feel a bit difference in my mind when trade because i am being more careful and feeling hateful if loss my money.

I prefer direct learning, a trader who gets their learning material directly offline from their mentor and their mentor will see them trading, teach them how to trade effectively by using demo account not real account. I prefer this way because it gives better result compared to indirect learning.

Once again i said this is why we need risk management, because our prediction won't be always true there are few or some cases that we will suffer loss from our false prediction about price movement, this is normal as ong as you can deal with it and minimizing the risk.

I don't have any doubt that trader want to learn how well to trade in forex, in fact people are trying to use demo account to their fullest because they want to learn it faster and earn money in real account which testing their real ability to deal with real market. As long as they have good skills and has enough experience they are able to trade in live account.