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myregister

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Everything posted by myregister

  1. myregister
    Without capital? That is actually too low for traders. Investment with bonus also too low as long as the investment is just around hundred dollars. If you have bigger capital and get the bonus that would be so good for you. The amount you can use for trading would be bigger. Overall, you can make more profit from it if you have bigger capital.
  2. myregister
    I felt this kind of trading like very mobile and also have satisfaction somehow but it would be preferred if you have the computer to trade with. I say as long as you have quite capacity to trade, it doesn't matter what kind of platform you are using but if your some what a type of trader which super active and have good internet connection, then trading on mobile phone is a good idea
  3. myregister
    You got the point for that, but that is not quasi-automation i think but since we don't make it fully automated neither most of our trading process automated. It is just small portion of it where we need to close the position. I also feel like a breeze when we do that that no need to rechecking my screen forever, just a few times and in 2 or 3 hours at most and after that I close the platform and sleep, i even open and wait for 15 minutes and set SL and TP, then close the platform LOL
  4. myregister
    That is what we called as practice, isn't it? People keep focusing on doing that and we will see the difference in few months, their understanding about forex would be better, they react to the market trend better, and so on. So logically, in order to get consistent profit, you must keep practicing over and over again, but i do recommend journaling to make your trading more efficient.
  5. myregister
    The opportunity and the flexibility, without flexibility and just opportunity forex would be so much boring. Without opportunity, I bet you all won't come to this business and try to make money from it. My reason we should trade fx because of those two and few other reasons. In the end, forex has what I want and I am ready to trade off the risk for that profit and flexibility.
  6. myregister
    Worthy for all of us unless that trader doesn't want to use it for some reasons such as when they want to do scalping. But honestly, the one who doesn't take this feature wisely will have bigger chance to lose it. Imagine there is a tool where you can close a position in more precision and also faster than your current computer. That would be awesome.
  7. myregister
    Once again I don't see any correlation but compounding is important because the result of that activity, if you use that capital you compound there is bigger chance you can earn more than what you earn presently, this is another reason why many people use it and it is so important for someone who just builds their capital.
  8. myregister
    In the end, it is fundamental analysis which gives the most accurate, without lowering my respect to the technical analysis or sentimental analysis I would prefer fundamental which has been proven so many times before and also throughout the history and tested by time. With fundamental analysis, you can make an accurate analysis.
  9. myregister
    Risky is risky and i don't have anything to say about that, in fact traders who trade for living will have some kind of responsibility and they will trade with full respect of the capital and don't trade just because of fun but for the sake of their survival in forex's world and real life. They will trade more carefully though.
  10. myregister
    More like tough rather than impossible also considering the fact that with the bigger amount of capital this could be achieved. Based on my own view $1000 daily is tough and we need to be careful when trade with this target because this target is pretty much risky compared to the lesser target.
  11. myregister
    How can you say something like that , it is irresponsible. I know that we need a set of skill in order to survive in foreign exchange but capital is a good starting point for us, even with a good skill someone still need more times to get large profit because he or she have tiny amount of capital to start.
  12. myregister
    Scalping is indeed a profitable strategy, the matter here is that you need to use it at the right time which means is a good timing. The thing is no matter what kind of strategy to use, with a good timing you can make a profitable trading. Scalping needs a constant monitoring so if you can do that without much trouble, it's a good thing for you.
  13. myregister
    I also agree with you, very useful for all traders and it all depends on them to use it in the right way or not. It could boost their earning and will bring them closer to the more profit. Copy trading will give a newbie some kind of encouragement to keep continuing their activity as trading while keeping them confident to learn.
  14. myregister
    Sure the cost is someting we should consider and this is why for some traders the fees are big trouble for them. Especially for traders who are sensitive to the cost itself like scalpers. Why scalpers? Because their profit is relatively small and bigger fees just eat their profit making it harder for them to reach ROI and get bigger profits.
  15. myregister
    Very important especially before choosing a broker to be used, apart from that regulation is also very important to provide a kind of credibility for the regulated brokers and at the same time increase the level of confidence of a trader towards broker because there is a neutral agency that can be trusted to regulate that specific broker.
  16. myregister
    EA is helpful only if that is helpful, you got what I mean right? Most EA's review which I've ever read have negative reviews, only few which has good experience with EA. Theoretically, automation like that will help us a lot and save our time, but this full automation also had its own bad side.
  17. myregister
    All traders who spend their time in the demo or real account must get experience about how forex works and how to deal with it. The experience i could get is either bad or good. I love good experiences, that teaches me a lot. I also get a lot of profit in terms of money. But we should be grateful because this experience which made us as a better trader.
  18. myregister
    Well, what i said is actually just for temporary, and it is better to build a better trading so you can out from this situation forever if possible. All those for the sake of controlling more losses while focusing ourselves on the most important part after the big loss or in a tough situation which is recovery.
  19. myregister
    Scalping is not that profitable if you don't know how to deal with it or you simply think that is not suitable strategy for you. For me, it is tiring strategy but worthy for some traders. I see from other's perspective that is actually profitable with more proof that people able to obtain nice amount of money. But once again that is all depend on the trader.
  20. myregister
    There are some traders who depend on foreign exchange as their own main source income but still fine up to now. I don't see that forex will collapse as the whole market, what you need is only backup if something happened to your broker. Make sure to reach ROI first and start to make more backup and earn more. You may find one or two brokers which stop their services, but fx will stay intact.
  21. myregister
    If you trade with a bad strategy it doesn't matter how long or where you access the market. You will get basically nothing and one thing that i am sure you will waste your time without you know. I don't against this way so much it is just alternative to me and also good for someone who doesn't have laptop or computer.
  22. myregister
    Nice post, i agree with you but that is at least and you must trade at least 4 days each week. If you trade less then you need more months. The less you trade per week, the more time you need to spend in the demo account before switching to real account. I think if you prolong your training session for too long it is not good so a right amount of time to spend is needed like what you said.
  23. myregister
    But there are some newbies that prefer this strategy because easier to learn and it just takes few minutes or even seconds to be done. You only target smaller profit which easier to learn, what you need is a tenaciousity and also a good focus so you can open multiple positions and close it as fast as possible.
  24. myregister
    It is not about the demo account but it is all about take profit, do you think that is worthed for you? For me very worth. I don't have to look at the screen so much, I just set my TP and then leave that alone until price touch TP. TP also help me to avoid emotion thingy such as greediness where I may prolong my profit because I think may get more.
  25. myregister
    Nothing is instant in this business and it takes time for you to be like that. You can choose to trade and take the small profit and goes on but I do recommend to still calculate the risk and how much pips that you want to earn. If that is worth just take it, but it is better to earn something even so small compared to risky something but lose bigger.
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