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myregister

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Everything posted by myregister

  1. Entering and exiting the market at the right time is a good idea but how to do it which become the biggest problem. Well, for me it needs more practice, it isn't just as easy as you all might said. Something like experience only can be done by action as far as i know, and i prove it in my career as foreign exchange trader.
  2. I never thought of that, taxes? Well that is really the latest thing that coming out into my mind. Paypal maybe want to stay prime with offering that much, means more profit for them because its draining people's balance. But once again their good feature such as withdrawal no fees for more than $150 is the best
  3. It seems that will take some time but to be honest PM does not have much thing to talk because they rarely updated their news and also their latest feature is only BTC which does not affect me a lot since i am using only perfect money balance, and the rate of PM balance is keep high in my country.
  4. Seems like you are true here, i see PZ just like paypal with that high fees per transaction and this is really bad if they cannot compete at least making something so they won't be ended up like HD-Money, maybe supporting more merchant and lowering fees is a good idea.
  5. Just another type of forex, but there are some advantages and maybe you love it some of them are: You can used it as hedge position so to limit the risk, you also does not need to risk more capital since you can use options to trade on market's prediction.
  6. OK, so overall it is about their experience, In FX, there are numerous mistakes that most beginners make, and it repeated over and over again. So by getting taught the intricacies of fx by someone who has more than experience, you can essentially make your journey to forex trading success a great deal smoother.
  7. The possibility of making money through Binary is very possible possible, as you can see somepeople promote it and earn from it but i see that is more like gambling since as far as i know and based on some trader's experience the odds do tend to be with the brokerage firm.
  8. That is make a sense but actually you are controlling emotion, it still exist inside of you and affect your trading even though that is just minimal compared to trader that cannot control and overwhelmed by their own emotion. As for me i prefer to control it but does not mean i can trade without emotion.
  9. Well i can imagine that thing, it is something that long term trader should not ignore but it is not like they are all dumb, i am sure that long terms trader also knew the risk of trade in long term, so they calculated all the risk into their account first before they jump into an action.
  10. As far as i know CPI will give us indicator of how healthy the consumer there in one country, if that is rising means that inflation will rise too, this could be good as long as GDP before is good. CPI also indicated that country's economic to some point is good or not, so it wll affect foreign exchange fully.
  11. Where you do know? So you want to said Soros is psychiatrist? Andrew Krieger, Bill Lipschutz, or John R. Taylor, Jr. It is so funny that they are graduated from a business based departement. I know that psychology also playing important part in forex but it does not mean because you are psychiatrist you will be a better trader.
  12. I am the one who advise many traders to keep their attention to this one. Money management which i shorten as MM playing an important part for forex trader, it can lowering the risk thus able to growing more profit if we can handle most situation. In the end, you must know about this issue too.
  13. What makes stock different that you can earn from your stock, it is like earning from interest rate if you keep your money. But in FX it is all about making profit by trading where you sell high and buy low, in stock you don't have to do like that.
  14. In spot you don't have and trading in this place is very fast compared to futures. Basically i also don't see much difference, it is all about buy low and sell high just like you said before. One thing that make me interest in them, maybe because of the commodity such as Corn or even Natural Gas here.
  15. It will affect, especially in a country where something like Oil or Natural Gas become the main needs for that country so their economy will keep moving with it. Inflation for sure will affect that is what we called as CPI which become indicator for inflation.
  16. Talking about trading with phone is something that we cannot separate from stable internet connection. With stable internet connection we can trade via mobile phone from anywhere, thus making profit is more mobile rather than before when we only trade through PC at our home.
  17. Being flexible does not mean you have to switch every time you loss, it means that you have to be neutral and see not only one strategy as the most suitable way to make profit, either scalping or swing that is not even matter. Be flexible will help you a lot.
  18. Very easy but if you have CC then it will be easier rather than that, honestly you just need a good camera to take a portrait of your id card or driver license or passport. With that they could see who are you, your name, your address and match it with your data in neteller account.
  19. I do find that online statement that skrill prepaid mastercard is very impressive, i mean with that statement making verification in some online business that required us to do that is easier compared to before but what i dislike is annual card fee which cost around $11.30 7.30
  20. There are a lot of alternative for metatrader but from many functions that metatrader has it is the best for overall score and one more thing that metatrader is agnostic platform. It is not propetriary but not for one broker it is for any broker who want to use their service.
  21. Well you might be true that intelligent trader blame something which is fact. But blaming without any correction is the same like does not change anything. I know that correction is important that is why after blaming or in soft words find the root of loss then we correct it.
  22. Truly very surprising, SL is the best tools but it is depend on the trader to use it. SL also useful if you don't want to trade for longer time you don't have to cut loss your position. SL make traders earn better without need to spend much time in front of computer.
  23. Not to make it stable but one of the way to survive when we trade, look at the market when it has some problems like the price is volatile so much, we could use hedging at that time. With hedging you don't have to worry about your own trading your position will be locked.
  24. People's psychology is the basic but there is something that make them feel excited and like you said it is news or other indicators that move them to buy or sell their currency for the others. So in the end the outer factor such as news is what influences fx prices.
  25. Talking about works of course it is work well and still giving some profit. This is why many other forex robots can survive and giving profit also those big companies still use robot for trading in fx. Overall, i see the trend of using robot is increasing.
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