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myregister
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Everything posted by myregister
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Improve themselves? Do trade via mobile phone will give them chance? The answer is depending, also using wireless internet connection which is less stable sometimes disrupt us. The key is actually to trade and keep trading. So no matter what is desktop or mobile trading isn't matter, I prefer desktop because it is more stable just that.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
- (and 4 more)
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What makes one trader better than the other one
myregister replied to euro's topic in Forex General Discussion
@sakura You don't have to trade in CFD, stick with forex and that is worthed for you. What makes you better as Forex trader, isn't switching to CFD but trade in forex and apply the right rules. Don't be greedy, always stick with your proven strategies, manage the risk by using SL and TP, and many other tips you can apply. -
Do you have an alternative to forex?
myregister replied to adil007's topic in Forex General Discussion
Stock is a legal and good alternative but still, that has high minimum deposit compared to foreign exchange where you can invest with lower amount, and the leverage is way smaller. CFD may be a good idea, not really that legal in some countries but i see it has some good fans who trade there and earns nice income even i think in the long term that is not really sustainable. -
Technical or Fundamental that you like more?
myregister replied to andry777's topic in Forex General Discussion
I actually don't see much correlation with previous 2 posts here with technical or fundamental but let me share a bit about my opinion. Fundamental based on new or rumor, they see the trend and measure it based on those two, while Technical based on indicators such as Moving Average or RSI. It is pure math where applied into forex could give some insight for them. You can combine both but i prefer fundamental for 100% because in such decentralized market, fundamental analysis is more effective, and you don't have to trade every day too. -
Well, i must admit that the rate is still quite low compared to other bux site and there are lower chance to get cash out in 2 or 3 months. The only way to make money here is only by investing our own money and renting referrals plus upgrade our account to the premium account. This site is pretty new so there isn't much problem at the moment.
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Of course, the ads are totally cheap because of the low click rate which offered here. Not your typical bux site but more like Aurora site. The forum isn't so active there are few members posts, it is paying but still not proven in medium to long term. Overall is good only lack of more protection from DDoS.
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A good program according to me with its proposal, the rate per click is low but I think that is what admin did to make this program sustain longer and fewer people make cash out as fast as they can. What admin wants seems that a stable community and with 80-90% of them invest in this program.
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I see this program as typical hybrid site, the rate per click is pretty much low for most ads with few standard ads where it offers 0,01 dollar per click. However, everything seems legit so far, the script, SSL, and DDOS protection. It seems admin also spent a lot to create this program and as a proof that he is serious.
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Automatic Referral Management System or ARMS? LOL, it is just automatic recycle, the same concept I saw on Neobux. By the way, the rate per click for standard members is pretty much good and i don't have much complain. The problem? high minimum payout. $4 with that rate will take longer, so invest faster before this one collapse if only you want to earn from it.
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Do you think compounding is important?
myregister replied to andry777's topic in Forex General Discussion
Very important in this case for someone who want to make more money but if you content with your current capital and want to keep withdrawing the profit and enjoy all of that for something which is unrelated to forex, i think you should go for withdrawal rather than compounding, some traders have their own strategies for this and it is up to trader's style. For myself, i still keep compounding. -
do you think forex is money factory
myregister replied to salahusmo's topic in Forex General Discussion
Sure, I get your point forex even still reliable as the business core for us it still doesn't good to think like that because as you said how risky the market. I may make the profit today but there isn't any guarantee that i may make the profit again tomorrow. So I think the idea of forex as money factory is a bit outdated. -
Boost yours? It is all conditional because the boost we are talking about here not about gaining access to the market but making the profit. Some traders find it is better to trade in desktop or laptop and find that they can analyze better with bigger screen also it may process more indicators on one screen.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
- (and 4 more)
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It doesn't make a sense for an honest broker but for an untrustworthy broker? I doubt they want to play clean with the traders. Scalping is a legal technique that all people can use, it is not a bad thing and also with more spreads to pay the broker will happy, if that broker is dealing desk they won't bother with the legality of scalping, as long as you keep making profit you could change to be a threat.
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That is the risk friend of using this feature. My best take on this feature that it will temporarily give you chance to make the profit but doesn't teach you anything. Good for someone who doesn't want to learn, also you cannot manage the risk here because practically you are copying someone's strategy and follow all his/her foot steps.
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I do agree with you like i said before we don't need full control to be able to make the profit, we just need a profitable strategy. Small automation will make our life easier and like you said SL and TP is actually the part of automation, and if a trader said they have full control over their trading but use SL or TP, it seems they don't know about this.
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Technical or Fundamental that you like more?
myregister replied to andry777's topic in Forex General Discussion
Sure, but i think that in the more decentralized market such as foreign exchange i think that it is better to use fundamental analysis because all investors to traders look upon it when it comes to indicator what action they should make. But if that is the stock market, both are equal. In forex, it's more sensible to use fundamental analysis. -
Just leave that kind of broker. If the broker which I am using right now is playing some kind of trick like this one I will leave it for sure. Basically, stop loss hunting is pretty much illegal activity towards honest traders out there.
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It isn't necessarily a bad thing and by the way, if you want to be good at one strategy you must focus on it. You sure need to focus take more than one strategy to find which is more suitable for you but in the end focusing on one strategy that you find profitable and more suitable to you would be more effective way to trade and keep the profit.
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Yes, that is right. Can you see any platform where it offers its service to any brokers? AFAIK MetaTrader is the first one doing that and also gives flexibility for the broker to set their own parameter. You will wonder why many big ECNs don't accept it, because it doesn't make for that. That platform is easy to use and has quite a powerful programming language.
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The amount of time you need to spend on the demo account is different to each other. It is the matter of how good you understand the basic concepts of forex. Some take like 6 months, 8 months, or even 2 years or more. So we cannot say it practically how long you should do that, but six months is the lowest period which I think is enough.
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Yes, I get your point but this is not like what you said, this money still able to but do you think that government cannot track it? It's better if the money has been "washed" and still stay intact in the market. But using this way isn't very good way, it makes forex like a "cheap" place.
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When should you invest in gold and how to do it?
myregister replied to David_Warner's topic in Forex General Discussion
Bar investment is totally expensive not all of us can afford it. The most efficient way for doing this for someone with limited funds is investing in a regulated and great broker and trade that XAUUSD. I don't know where do you get that information but from the source, i know that way is pretty effective and efficient and yes the only problem is high entry barrier for that strategy. -
Fixed or floating spread account?
myregister replied to boltushkin's topic in Forex General Discussion
Yes and no. Yes because it is ECN and no because actually in fact all ECNs are Floating and when you see there is a broker that claim the service is ECN and offer fixed spread, it is wrong. As for STP that is the combination between floating and fixed, so you must choose wisely which broker use floating or fixed. -
@sidejob: But if we able to get bigger profit why not? It seems so funny that you just want to accept this little profit at all. Don't get me wrong, i will accept it no matter what especially if i cannot make more money from it, but if the possibility is still high i will optimized the trading and get bigge profit asmuch as i can.
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How to become a successful trader as soon as possible?
myregister replied to TekiJIa's topic in Forex General Discussion
It is not impossible to be successful but yeah difficult enough that make some people switched to the other business which they think is good enough for them. To be successful then we must earn the profit and lose as less as we possible. By doing that in a matter of time we already success as forex trader by being patient and always trade when there's a possibility.