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Dion Ebrahim
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Everything posted by Dion Ebrahim
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Frankly speaking, I don’t have complete awareness as far swap is concerned, so I don’t know why swap is more on short trades. I don’t prefer paying swap at all, so more or less swap is not the thing I need to know. This is all possible with broker like OctaFX who have Islamic Account through which one can trade quite easily and is ideal way through which we can perform and also able to gain fair amount of rewards.
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When we talk about fees whether this is to do with money transaction in shape of deposit or withdrawal and even with spreads and hidden charges, it’s all hard to handle. So, do you think that big fees are really big trouble? I feel it’s not a big trouble but NO one likes to pay fees and I am same, t’s easier to handle for me with broker of OctaFX’s caliber who is problem solver with never charging extra fees and keeps me entirely comfortable with working.
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Forex is a really attractive business and one through which we can make huge money through, so which amount you like to make withdrawal at. I usually prefer making withdrawal at around 100 USD, as I feel that is very much the ideal figure that you can make withdrawal. I feel comfortable with OctaFX broker given their monstrous set of features and facilities from low spreads at 0.1 pips, bonuses up to 50% and even have instant payments without commission, it’s all very cool.
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I am sorry but only foolish people consider such firms as Brokers, they are just masked scammers. If you talk about real broker then I don’t think they restrict us to any technique which is to do with it not been in their hands! We must understand we have the RIGHT to do whatever we want with our investment, so I will never go with broker that doesn’t allow any technique. I am currently joined with OctaFX broker who allow every technique from scalping to hedging to news trading which is why I love working with them.
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That’s exactly what I said Sidejob. It’s just not sensible thinking that we could remove risk, but in every way we could control it and that’s exactly what we should be doing or working to do. I only focus on not making a mistake and in case I do then the best thing is to learn from it. I am mostly prepared for it which is easier due to broker like OctaFX who provides us with mighty offering in 50% deposit bonus that’s usable, so it enables me to work well.
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Earning that much daily is not impossible or tough but it’s all about strategy and how we go about execution; if we get these things on the mark then we will be able to gain fairly well. I find it easier with broker like OctaFX who is forever there to support with having small spreads, fast execution, deposit bonus that’s up to 50% and are usable too, so that really enhances my chances and makes it all working well in every way.
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Although, I believe this is about comfort levels, as if we are comfortable with Forex then we obviously need to do that or do Stock. However, I am very clear with Forex been better. This is especially due to broker like OctaFX who got brilliant setup with having LOWEST possible spreads at 0.1 pips for all major pairs, fast execution, rebate scheme where I get 50% back on all trades even if it’s lost, so it really helps me up with working.
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Spread is very important because spread makes big diffce..
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Regulation, Do this really important for broker?
Dion Ebrahim replied to myregister's topic in Forex Newbies
Yes, it’s obvious that regulation is very important for newbies and not just newbies but obviously for any trader including expert. However, it’s not just about regulation now days, I believe we got to locate a good broker and that’s what will help us guide towards things better. I am lucky enough to be with OctaFX broker which is regulated plus a true ECN as well and for which they have won award as well while they have won 16 awards overall including the Best International Broker award too, so that’s why I find it incredibly good and pleasing to be working with such a reputed and well organized broker and able to gain plenty of rewards too when it comes to trading. -
practice to be consistent on the profit obtained
Dion Ebrahim replied to rizal83's topic in Forex Newbies
There is no question about the importance of practicing, if we are practicing well then we will definitely be able to perform better and will be able to achieve profits too, but if we are not putting focus on practicing then it will be something that will be visible on results. I have been able to do all this absolutely easily with help of broker like OctaFX which is perfect for newbies with their educational setup which is not just simple and straight forward, but covers everything and also comes with demo contest as well, it’s why I like it so much and not just able to gain good practice through it but also able to stand chance of winning prize. -
Yes, it’s obvious only that concentration is very crucial because only then we will be able to work out smoothly, but if we lack focus or concentration then we are likely to face huge battle and that’s never going to lead us anywhere. Luckily, I am trading with OctaFX broker where not only I am guided well through their educational setup but also with their daily market updates, it’s seriously effective and free too, so even without much focus I can still work things out nicely and helps with making profits consistently while they even have 24/5 available support service, so that further boost us as far making us comfortable and relaxed with things, so that’s why one can work so well under them.
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Yes, it’s obvious that everyone can experience losses and it’s very obvious that everyone is likely to experience losses, so we don’t need to worry all that much instead we just need to be sensible and work with simple and straight forward approach, it’s really what will help us with success and will help us avoid losses. I am lucky enough to be able to do it rather smoothly with help of OctaFX broker which is one of the best broker in the industry and have luxurious offers and facilities especially to do with their rebate program where we are able to earn 15 dollars profits per lot size trade even on losing one, so it’s awesome and helps even with losing trades.
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Everything is possible if we are determined for it, but if we think too much and don’t focus on working then it will never be possible. I am not doing it full time just yet but I definitely have plans for the future. I believe we must take step by step direction in Forex, it’s never overnight scene or we will be in big trouble. I have been growing steadily with guidance of OctaFX broker and their amazing conditions including small spread, zero balance protection, swap free account, 50% bonus on deposit which is use able while there is also cTrader platform, it’s superb with no slippage, re quote at all, it’s all wonderful and gives real comfort to work with.
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No, actually everyone does experience losses, it’s just about whether they are improving from losing or if it’s just taken on head because if we keep on improving then we will be able to succeed eventually, but if we are just taking stress and not learning at all then we will not go anywhere. I am always learning from losses and that’s to do with OctaFX broker and their marvelous demo contest like cTrader, it’s weekly based with 400 dollar prize to be won and is very straight forward as well, so all this is very handy and allows me to learn regularly and I am able to grow as trader which helps me succeed easily without much trouble at all.
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whether our money safe in a broker?
Dion Ebrahim replied to uncle gober's topic in Forex General Discussion
It’s very rare that people think about safety especially newbies, as we all are seeking for attractive offers and features where the main thing of security is forgotten and that’s why we need to be extremely wise and careful with how we work out everything. I am fairly lucky to be with OctaFX broker where they have epic set of features and conditions, but above all is my security which is completely ensured and that’s to do with their segregated account while have advance technology in place for our safety plus having 24/7 expert team analyzing the structure without any breaks, so that further stamps security and when you are secure in such way, it also helps with the performance which too gets boosted quite a lot. -
When Did you start your First Trade?
Dion Ebrahim replied to kiranchandra's topic in Forex General Discussion
Years have gone by and my memory has become weak as well, but still I can’t forget that moment. It was exactly 8 years back when I made my first trade which was on demo, but I am not sure about which broker it was. I never stopped trading since then while I did took rest in between especially in my early phase of 3-4 years, but since then things have worked rather nicely. I have really taken giant steps in last 3 years with help of OctaFX broker which is highly supportive in every way and that’s exactly to do with wonderful conditions such as low spreads from 0.1 pips, zero balance protection, swap free account plus a lot more, it’s all brilliant. -
Low spread is definitely very important part of trading for newcomers since most of them are scalpers including me, so it becomes bit obvious that low spread and even such features can be very handy. However, it’s important not to get carried away just for sake of low spreads; we need to look at the quality of broker as well in order to figure out the right one. I am fairly lucky to be with OctaFX broker since they are really awesome with having low spreads from 0.1 pips to high leverage up to 1.500 while there are several other factors that helps me put in great performance and that’s with their rebate scheme or if it’s with their daily market, it’s all superb!
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whether you like positive or negative slippage?
Dion Ebrahim replied to uncle gober's topic in Forex General Discussion
Bearhugs, it’s true what you said, but in real world, it’s unlikely you will be favored too much with slippage; therefore, I rather not have it instead if I want to do gambling then let it be 50/50 instead of depending on slippage. I never prefer any sort of manipulation or interference between me and the market, it’s the reason behind my selection of OctaFX broker and using their ECN account type, it’s picture perfect to what I said above in terms of requirement. I never have to worry about slippage, re quote or any such things because those things are at minimum levels here and to add up, it’s cTrader platform, it’s equally good and makes working easy for me. -
Frankly speaking, I don’t like to pass out advice or anything as such, it’s simply because I believe I am not that level of trader at present, so I won’t be able to help too much. However, I can definitely advice about one thing and that’s to do with broker. I had horrible time in early phase of my career with brokers, but this taught me a lot and most importantly it taught me how to find right broker and since then, I am with OctaFX broker and feel extremely good with them. They have awesome benefits with low spreads from 0.1 pips to high leverage up to 1.500 while they are highly reliable and trustworthy company to work with which makes them so special.
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Yeah, it’s absolutely no doubting that greed is very dangerous and the worst part is, it’s not even known to use that we are doing such horrible things just because of greed, but one thing that we must analysis and that is lack of understanding that leads towards greediness, if we are well-educated and have enough experience than we will easily avoid greediness, but since we lack in those departments, it’s always harder to control. So far, I have been able to do it well with great support of OctaFX broker and their favorable features which include having low spreads from 0.1 pips for all major pairs to high leverage up to 1.500 and also epic rebate program, so that sets me well for not over trying and avoid been greedy.
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I believe all type of bonuses can be good and profitable, but only if they come through quality broker. I feel it’s unfortunate that majority of the freebies or deposit bonus are from brokers that’s not trustworthy or have wrong intention behind offering it, therefore, I feel difficult to work with such broker and is like a backward step for me. I am grateful to my current broker as they completely stand up to their promises and that’s with giving quality service and amazing features like 50% bonus on deposit that’s use able and we never have to alter our way of working since we do everything without any restrictions or any extra alert, so that automatically makes us relaxed with things.
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Business are always risky and that’s something everyone knows, if we are new to these things than we rather not too far instead we should focus entirely on demo account and get in grips with things, if we do that then we will be able to get use to the risk and rewards scenario that’s possible and then resuming real career is what’s going to work well for us. I have learned a lot and now I am able to handle the risk easily, it’s also due to support from my broker OctaFX since they offer the lowest possible spread in market starting from 0.1 pips while there is also rebate program where I get 50% back on all trades even losing ones.
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I think there are no issues if we start both at the same time, but we just need to make sure we get enough knowledge and experience that we don’t do anything silly and use of common sense is most important when it comes to real trading. I did demo trading for only few weeks after which I started up with real account, but I never completely left demo instead I started doing both, as I was using long term strategy on real with weekly or monthly targets, it was just helping me make good profits and thanks to OctaFX broker swap free account, I wasn’t worried for paying overnight charges and at other side, I was continuing with learning and today, I am doing trading very well due to all knowledge I gained from regularly working on demo.
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Need a good broker with a little spread...
Dion Ebrahim replied to LIAPLEBARSEDA's topic in Forex General Discussion
Go for OctaFX, it’s an ideal company with having low spread of 0.2 pips for all major pairs and what makes this so good is their service, it’s a true ECN and regulated broker, so we never have to worried about investment in trouble as it’s always in safe hands. Also, there is another massive benefit which is their rebate offer, it brings home big profits up to $15, so that’s fascinating for any trader to have such security over the trades. -
Fixed or floating spread account?
Dion Ebrahim replied to boltushkin's topic in Forex General Discussion
Floating spread is usually better for a scalper because it’s a lot lower, but remembers that company makes a big difference, if we go with any ordinary broker they might keep increasing spread even with showing low initially. I prefer a proven broker OctaFX, it has 0.2 pips floating spread and it remains in a very stable way, so that’s really helpful and I don’t need to worry about anything while with other companies, it is always growing to very high number.