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Everything posted by Sininfinity
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Sorry to hear that. Hope FPA will be able to get your money back. Also few days ago I saw this service www.winchargeback.com claiming that they can get your money back. I believe you have to give a decent share of yours to do so. I don't know whether they are legit or not so do your own research. Also let us know what was the result.
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@Exipon, nice to see your site got updated. Your site is in Russian and not everyone can understand Russian. Also your fees are way too high. Here is an example http://prntscr.com/ixuo8c May be you should consider lowering the fees. Also is there any way to verify the transactions people have successfully made?
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Demo is indeed a very useful tool. But many newbie traders try to ignore this fact and go on with the deal thing. Until it is already too late they don't realize the value of demo accounts.
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The Main reason Why Forex Fraders Fails.
Sininfinity replied to asiaforexmentor's topic in Forex General Discussion
Correct. We should know what we want from trading in the long run. Short term goals will bring temporary profit but if we have a long term goal and vision and develop ourselves according to that then we can earn huge from this market. -
Which indicator you use and why?
Sininfinity replied to Anne Morris's topic in Forex General Discussion
So those 3 chart tools are not you always use? If not, then what are your primary analyzing tools? For me I don't use any indicators and prefer to use only candlesticks. -
Different traders view forex trading differently and if someone thinks of it as an art then there is nothing wrong in it. At the end of the day all of us want one thing from the market and that is profit. As long as we get it, everything is fine.
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Forex Trading Psychology: Levels of FEAR
Sininfinity replied to asiaforexmentor's topic in Forex General Discussion
Right. Fear prevents a trader from entering a profitable setup. If the previous trade or trades were bad then it will make him or her think that the next one will also suffer the same fate. But if the result comes different then the fear of entering will turn in to regret. -
When Did you start your First Trade?
Sininfinity replied to kiranchandra's topic in Forex General Discussion
There are many minor traders available around. They just don't make themselves visible. Once I saw a 14 year old discussing about his age and how he wants to improve in his trading. -
Well indicators provide signals based on historical price and the market does not always move in a certain manner so false signals will generate. It is the indicator user's job to filter out those signals.
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For many the obvious reason is to earn a better life. Some trade forex because they want to earn a few extra bucks or have some passive income. But if one looks at the potential and has a long term vision then he or she can see the potential of forex in the long run.
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Do you think compounding is important?
Sininfinity replied to andry777's topic in Forex General Discussion
Chasing maximal gain is not really a good idea if you think about it. Try to go after optimal profit and in the long run that will yield better result. Even if you can catch 70% of a move then it is a good catch. -
Predicting price of a currency pair's direction is a bit difficult for some traders and also at beginning traders can not see the picture clearly. But with practice and experience over time, traders learn few things with which they can predict the future market movement and if they can do it accurately more than they are wrong, they can generate good amount of pips.
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The Main reason Why Forex Fraders Fails.
Sininfinity replied to asiaforexmentor's topic in Forex General Discussion
Well gamblers either gain huge or lose entire amount they put in their bet. If they do similar things on forex then let them do what they want to do. Most gamblers lose money I think and if people gamble on the forex market then they are adding a little bit more liquidity to the market. lol -
Bitcoin brought a concept that can change the way we use money today. But I think bitcoin will be a dinosaur crypto currency. There are many other more efficient coins are getting developed which is faster and less expensive. And bitcoin right now has such high value that it is not totally easy to use instead of other currencies.
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Whatever you said is true. A trader has the capacity to learn something new from the market. But the thing is that the trader has to be willing to learn if the market offers it. They should not keep a mindset that they have learned it all.