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Everything posted by Sininfinity
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The site lacks transparency. There is no information about reserves and the charges are extremely high. As high as 10.9% I saw on their website.
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I am an user of Neteller and recently they have reduced their sending fees from 1.90% to 1.45% and it is a little beneficial for Neteller users. But acquiring neteller through exchangers would be a great option.
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Invest at FXOptimax FXOptimax offers several options for investors. The options are: - PAMM - Myfxbook Auto Trade - Signal Trader Auto Trade - Zulutrade For more information, please visit www.fxoptimax.com
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MetaTrader 4 for Android Trading Real-time quotes of financial instruments Full set of trade orders, including pending orders Trade directly from the chart More than 600 servers of various forex brokers available Support of all types of execution modes Complete trading history Technical Analysis Real-time interactive charts with zoom and scroll 30 technical indicators, including the most popular ones, such as Average True Range, Bollinger Bands, Commodity Channel Index, Envelopes, Force Index, MACD, Momentum, Money Flow Index, Moving Average, Moving Average of Oscillator, Relative Strength Index, Standard Deviation, Stochastic Oscillator and Williams’ Percent Range 7 timeframes: M1, M5, M15, M30, H1, H4 ? D1 3 chart types: Bars, Japanese Candlesticks and Line Convenience User friendly interface Trade levels and volumes on the chart Offline mode (symbol prices and charts) For more information please click here.
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Nobody would regret what he went through when he starts to get profit from trading. But gaining profit from trading consistently is one of the most difficult task. What you did sure was wrong in my view. But since it worked for you so congrats.
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On holiday it is better to review your past week and after making conclusions, taking a break. We trade in the market so we can have a better life, not always work. So when the market stays close, we can use that time to do something other than trading.
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How to secure your financial freedom
Sininfinity replied to adamsmiths's topic in Forex Trading Styles
Money management is the most important thing of all. If a trader can manage his money properly then he can gain a decent amount from his trading just with money management. There are strategies which are completely based on money management but they require large amount of capital to maintain. -
How to protect yourself from market risks
Sininfinity replied to adamsmiths's topic in Forex Trading Styles
One thing to remember is that the market does not run based on what you think. The market runs on collective emotions of traders around the world and in the market there are various types of participants. So whichever side is more powerful at given period of time takes price in their favor. -
Problems of using too many indicators
Sininfinity replied to adamsmiths's topic in Forex Trading Styles
For those who use indicators, it is suggested not to use more than one type of indicator one one purpose. For example, if you are using oscillator then use only one and if you are using volatility indicator then use only one. More than one will create problem for you in taking decision and sometimes will be the reason for loss. -
A few days ago I have seen a dashboard which analyzes 28 currency pairs. And shows their relative strength and weaknesses. I think it will be difficult to analyze 22 pairs and a stressful task. So that might be helpful.
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Copy Trading; Characteristics of a Successful Forex Trader
Sininfinity replied to adamsmiths's topic in Forex Trading Styles
Well what about choosing the traders? That is a characteristic which is most important I think because if a copy trader makes wrong choice on selecting the traders then he will probably fail in his endeavor. -
Spreads Comparison FXOptimax offers competitive spreads for each account type. FXOptimax 4-Digits accounts offer fixed spread, while FXOptimax 5-Digits accounts offer floating spreads. Please click here to see the spreads comparison between accounts.
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Use “USD400DP” promo code to get $400 bonus right now. Bonus terms and conditions can be found here http://www.fxoptimax.com/promotion
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Execution at FXoptimax FXOptimax is a NDD-STP broker and does not run any dealing desk. All trades by our clients are sent to liquidity providers, which consists of prime brokers and banks. Our bridge system is working exceptionally quick, just in a few miliseconds, but in some cases while the market moves extremely fast (several new price quotes in subsecond), slippage may be occured. Slippage can be both positive or negative, it solely depends to the market movement. Please see the illustration below, the first case shows how you will get negative slippage, while the second case illustrates how you will get positive slippage on your order. We completely believe it is a fair and competitive trading environment and it has been our goal to create such excellent environment to maximize the profit potential you can achieve on your trade with us. Join us: www.fxoptimax.com
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One of the greatest benefits of demo accounts. And this is not only hugely beneficial for new traders but also for experienced traders as well. When they try to test out something which has potential they test it on demo and see how it can perform in live account.
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What makes one trader better than the other one
Sininfinity replied to euro's topic in Forex General Discussion
As long as one can make profit it is a good thing. At least it is better than loosing. When a trader starts to get profit then he can work on his trading method and find ways to improve his method which will bring more profit for the trader. I never neglect those who make small profits. -
The big mistake metaquotes made was changing the MQL coding and that is one of the reason they did not gain more popularity over meta trader 4. May be in their meta trader 6, they will keep the option to run everything which is written by MQL4 and MQL 5 language.
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Unrealistic/irrational expectations from traders
Sininfinity replied to analyst75's topic in Forex Newbies
Not necessarily. Again it all depends on the trader on how he manages his money. A trader who can bring positive pips can turn a small capital in to a large amount and a trader who has a large amount and can bring positive pips can make bigger profit. The trader with bigger amount is at an advantage. -
Virtual Trading and the Global Economy
Sininfinity replied to Nadilapars's topic in Forex General Discussion
Being competitive brokers have to offer high leverage. It is up to the traders to use the leverage he needs and apply proper risk management to his trades. My used leverage is 1:500 and I have been using it since a long time. Remember leverage is an option that brokers offer. Whether we use it wisely or abuse it depends on us. -
Wish everyone had thought like you. There are all kinds of people lurking over the internet. And there are many who care only about attracting investment but is not responsible when they get it. They don't care what happens with their investors money.
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Fundamentalist or Technicalist?
Sininfinity replied to dhanpreet's topic in Forex Development Technique
Technically you are correct. lol Traders use methodologies which gives them indication of what market may do next. So it can be called indicators. But let's not over complicate things and the way each type of trader describes themselves will be better to call them that. -
I believe that long term traders try to catch large portion of a dominant trend. And that may contain over thousands of pips. Hundreds or several hundred pips are targeted by swing traders and in some cases day traders.