adnan007

I have not been active on MEF lately and therefore don't know much about the forum but after looking at the MEF forum today, I noticed that there are not much activities lately on MEF. Moreover, the payment requests are taking a whole lot of time to get completed at MEF which is definitely not a good indication.

I am finally back on DMT after a few long months as I was preparing for my exams. Well, as I am not back at DMT, I don't find a lot of changes here at DMT which is great to notice. The payments are getting completed smoothly and the activity in this forum has increased significantly which is great to notice..

HYIP used to be a major industry a few years back but it took a huge downfall after the people started to notice that only a few hyips lasted for more than a few months. Looking at this stats, I would definitely choose GPT as it does not require definite deposit to earn at it. However, to earn a better income, a member can invest a few bucks on GPT sites.

As per my views, PTP is the best way of earning online if you are looking to earn online without any restrictions and without any initial investment whatsoever. However, if you can invest online, you can try out forex trading which is much easier to earn but contains risk of loosing your money.

I do not currently hold any businesses online but I have tried doing a business online in the past and have earned quite a nice income through it. Hence, as per my view, having an online business can be very much profitable if gets famous enough to attract customers...

PTP is the best way of earning online for me as it is the only method of earning where a member does not have any restrictions or posting limitations which we have to face on most of the other earning methods available online such as PTC's, PTS's etc....

I unfortunetely do not have very good history with PTC's but yes, a member can earn good amount of money with PTC's but only when he has huge amount of referrals and a upgraded account. This does cost a few bucks but are usually profitable as per my knowledge..

I haven't heard of any Paid to chat sites and am not sure about how to earn on such sites. Can you please explain what is the procedure to earn at those sites and what are the rates such sites pays its members at and if any trust-able sites which pays its members to chat?

I would like to know if your debit cards are available to Indian residents and yes I do have a photo id proof but can't provide any recent utility bills with my name. Is the address proof a must. If yes, then can I provide address proof which is about 2 years old...

I never placed Stop Loss in my trades when I was a newbie but later understood the importance of placing a SL, when I had to suffer a few account blow ups. For a newbie or even for the professionals, placing a SL is a vital option as it Leads to avoiding losses far beyond expectations...

My positions are based on the technical indicators as well as the trend of a currency pair. I also look forward to buy positions on the break of support or resistance level which is a wiser option as break of these points leads to a better trend movement of a currency pair.

The best currency pairs changes from trader to trader, however for me, its EUR/USD AND EUR/JPY as I have been monitoring those currency pairs since a very long time and hence have a better knowledge about its movements on special occurrences, especially when a high impact news report is released.

All trading broker has the facility to automatically close the positions when a trader has reached the minimum margin which can be held in their account. However, your account can only end up loosing more than what you can when you have an open position on the weekend and the new week takes up your margin upto a great extent.

Daily profits are surely possible in forex but only if the trader has the skills to cope up with losses. As forex is an unpredictable market, even the professionals have bad bays where they loose but only the good trader are able to break even the losses and gain profits from their trades...

Psychology has a great effect in Forex trading. A trade taken out of anger or in revenge of coping up with the previous losses can only allow you to loose greater amount of money. The best way to trading in forex is to keep your mind fully focused and do not allow it to overcome your patience.

I hardly spend 2-3 hours monitoring forex markets however I do trade 24 hours a day. My strategy includes taking a position using technical indicators and trend and leaving it until it doesn't hit my TP. In this way I dont have to keep monitoring it every time. Once my TP is hit, I opt for a new position with the same above mentioned strategy.

For me, the best time for trading is surely when the European or US session opens as trading during those period of time become lot more easier and often such starting periods of those major session causes the forex market to follow a trend which makes it easier for the trader to take a position...

I don't remember it nicely but my biggest deposit was in between $220-$250 and to be frank, I unfortunately bowed up my all the trading funds within a single trader and within hours. It was my mistake as I took huge position without have a well planned cash management.

Well, your question requires to reason why the trader took the position and the amount of funds he has in his trading account. Long term supports might help us earn big profits but at the same time risk greater pips or money... losses would be huge and thus I don't recommend anyone for such time of risky trading unless the trader is a long term trader...

Well, I have come across such account blow up situation several times and let me tell you that, the feeling of loosing up all the money in our forex account is very devastating. However, such situtation does leave us with something to learn and I too have learned several things out of my past mistakes. Especially to place SL...

Welcome bonuses are surely profitable but at the same time contains some terms to withdraw those free bonuses which is normally in the fore of withdrawal bonuses or a fixed lot size which when achieved by the trader can help him withdraw the welcome bonus offered by the forex broker.

Trend does help a trader to earn profits atleast for short term. However, we should still watch out for the trend reversals as that is the major point where the trader looses out all of his earned benefits. Following a trend with a proper trading strategy does come handy to earn profits in forex.

I had suffered huge losses especially while trading commodities and the main reason was the fact that I don't fell important to place a stop loss. Let me tell you that SL is a very important tool that helps a trader quite extensively if used properly. Losses does come every now and then and we should make sure is not far more then what we can afford to loose.

Spreads are the main income of the forex brokers. Moreover, there are several forex brokers that do not charge withdrawal fees and hence restricts the forex broker to earn from spreads only. I am not sure but they also receive commissions on all the lost trades that takes place under their metatrader.

Long term trading has several advantages and the best thing about it is the fact that it is far less risky than short term trading. Long term trading now only allows a trader to take benefit of the long term trend running in a forex market but also minimizes the risk of taking several short term positions to earn same amount of profits from it...