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Everything posted by Sininfinity
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Leverage at FXOptimax Over-the-weekend leverage To prevent negative equity on high risk accounts due to the potential gap at the market opening after weekend and holidays, the maximum leverage may be temporarily reduced to 1:100 on Friday or the last day before holiday, 5 hours before the market closure. Leverage will be reverted back to your leverage choice automatically 2 hours after the market reopens. Prior notification will be emailed before we reduce the leverage. For more information please click here.
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Use “USD50DP” promo code to get $50 bonus right now. Bonus terms and conditions can be found here http://www.fxoptimax.com/promotion
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About FXOptimax Feeling Safe Leads to Comfortable Trade We always prioritize the safety of your forex investments. For this reason, FXOptimax has taken some measurements to ensure a high level protection. 1. STP Business Model In STP model, we are not trading against our customers and we certainly do not have conflict of interest at all. We do not limit any profit nor trading style, so there is no “losing risk” for us; and this kind environment leads you towards a true forex trading experience. 2. Segregation Your fund are fully segregated into a special bank account, separated from the company operational fund. We have deals with leading banks in GCC and Africa. 3. Regulated Liquidity Provider FXOptimax deals with FSA-regulated financial institutions to execute all trades. As of the counter-parties, FXOptimax cooperates with world renowned major FX banks such as DB, Citi, Nomura, and some others. 4. License FXOptimax is a Saint Vincent and the Grenadines company with license number 21417 IBC 2013. Any activity by FXOptimax Ltd is supervised and regulated by the authorities of Saint Vincent and the Grenadines under the International Business Companies (Amendment and Consolidation) Act, chapter 149 of the revised laws of Saint Vincent and the Grenadines, 2009, section 5(1) Visit www.fxoptimax.com
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Use “USD25DP” promo code to get $25 bonus right now. Bonus terms and conditions can be found here http://www.fxoptimax.com/promotion
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If you are not clear on something then you should ask. Traders are not mind readers. If you ask then their experience may help you improve. So don't hesitate to ask.
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It happens to all of us. And there is no shame in admitting it. Nobody has ever found a holy grail and thus, some of our trades will bring bad results. And we have to accept it as a trading cost. We can't be right all the time.
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Demo contests defy almost all logical gain targets. People turn their account sizes in to several hundred or even thousand times more than their initial balance. In a live account such kind of things does not happen. At least I don't see them happen.
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money management and stoploos.
Sininfinity replied to ermaniso2011's topic in Forex General Discussion
Specially beginner traders don't use stop loss thinking it price will come back after falling and if there is a stop loss then it may hit and then come back so better not to put any stop loss. Actually this is a real scenario which happens many times but NOT all the times. -
Said little but in those little things many important thing are hidden inside. Patience is not something that can be achieved easily. It will take a toll on trader to gather the necessary patience required for trading and improving his or her trading.
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Can no deposit free money help you achieve success on forex ?
Sininfinity replied to kaito kid's topic in Forex Newbies
How does that train emotions? You know that emotions play a big role in our trading and if new traders are not using their own money then they won't be able to do that. In my opinion it is necessary traders use their own money for live trading. They can use bonus when they have learned to make profit. -
It is the truth. And many would be in denial that there should not be any loss. In this market the best a trader can do is speculate (talking about us, retail traders) and from that depending on our ability we can get profit or loss. In the Profit and loss which happens most, would depend on the trader's strategy.
- 460 replies
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- Learning forex
- Should i trade in forex
- (and 4 more)
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You are right. If a strategy is not working then the trader should take a step back and go back to demo to see what is going wrong with his or her trade. It is a good idea to do so.
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Choosing The Right Broker to Start Choosing a broker is considered an important step in achieving your trading goals. Deciding which broker you can trust is not an easy task. FXOptimax offers all you need, everything to support your trades. - Trades on 46 popular forex pairs (including exotics), gold and silver - Best execution, real fast order processing time - Full STP execution, NO requotes - USD 10 minimum deposit - Up to 1:1000 leverage - Ultra-tight spreads, starting from 0 pips! - Multiple account choices to meet your trading needs - And much more! Visit www.fxoptimax.com
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Sub IB Reward at FXOptimax FXOptimax partners does not only earn from their referred clients, but also from referred IBs as well. If your client refers other people then you will get 10% rebate earned by your client. For example, if you have MR. A as your client and he refers Mr. B as his client, you will earn 10% of the rebate earned by Mr. A from Mr. B trades. For more information, please click here.
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Rebates for Partners FXOptimax provides up to $15/lot rebate for 4-Digits Account and 5-Digits Precision Pricing Account, depends on your partnership level. Partners will earn daily rebate for each order closed above 2 pips, along with complete daily report of your clients’ trades. For more information, please click here.
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MetaTrader 4 for Android MetaTrader 4 Forex trading technologies can now be downloaded on the smartphones and tablets powered by the popular Android OS. Wherever you are and whatever you do, Forex will always be with you. Integrated charts will help you to determine the current dynamics of symbol quotes, trading history will show you all your previous deals, while the powerful trading system will allow you to perform new ones. Download MetaTrader 4 to your Android phone or tablet and enjoy Forex trading any time and from anywhere in the world. For more information please click here.
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I would not say forex carries bigger risk. It all depends on the trader that how he or she manages risk. All businesses have their inherent risks. No business comes risk free. So those who want to enter in this market must accept it and also accept that with profit they will also suffer loss. They can't be right all the time.
- 460 replies
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- Learning forex
- Should i trade in forex
- (and 4 more)
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Can no deposit free money help you achieve success on forex ?
Sininfinity replied to kaito kid's topic in Forex Newbies
It is one thing, but for newbies free money does more bad than good. Free money diverts their attention from learning to search for free money and they focus on short term gains which are not guaranteed either. -
Once there was a time when I felt forex became an addiction for me. When I realized that I worked on it and got rid of that addiction. It is not a good thing to get addicted to something and when it comes to forex, never.
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I am a little confused with your definition. Normally we interchange EA with robots. Are you talking about indicators are not robots?
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money management and stoploos.
Sininfinity replied to ermaniso2011's topic in Forex General Discussion
Using no stop loss is not totally acceptable to me. I also agree that every trader is different from one another. But putting stop loss is a must to me. There is no exception to it. I also use pending orders and use stop loss along with it. -
Like the bold phrase "no perfect trader". Traders will have their problems and also they don't need to be perfect. All they need to do is follow something which will give them profit and also accounted for losses.
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I don't believe demo contests work like that anymore. People use various kinds of high risky robots to trade on demo. It either zeroes their account or gives them huge return. So real disciplined traders have less chance of winning in those contests.
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If a new trader takes it seriously then it can definitely be beneficial for traders. But because real money is not involved, traders don't take this seriously. And as a consequence they pay the price before learning the value.
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For your convenience, FXOptimax has developed margin calculator. So you can easily see how much margin is required for each currency pair. Below is an example of EUR/USD margin requirement: Here you can find the margin calculator.