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adnan007

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Everything posted by adnan007

  1. adnan007
    I agree with you @yogesh. As most of the traders loose in forex daly, the main source of income of forex brokers come through it. However, they do have additional fees such as the spreads and commisions for earning some additional income from their systems.
  2. adnan007
    Placing a Stop Loss on or just below long term resistance can be beneficial but still it contains several big risks. First of all, we are expecting the pair to move to the upside (long), however if the pair fails to do so and hit our SL, then ww will loose a huge part of our initial investment amount in that particular trade.
  3. adnan007
    One of the biggest disadvantage which forex robots have is that, they are used automatic trading and we are not always sure that the robot with allows make our positions end in profit. Forex is an unpredictable market and even the forex robots can wipe out your account in case of unexpected forex movement.
  4. adnan007
    Using a Demo or Real account depends upon the trader who is looking to trade and does contain their own advantages. Demo accounts can be used for practicing purposes and are helpful to help newbie forex trader to learn the basics while the Real account is used for earning through Forex trading mostly.
  5. adnan007
    Well, it depends upon the trader. A trader looking to hold his position for a long time can even go for the weekly time frame. However, looking at the daily and monthly charts can give you an idea about the long term trend and you can trade on the basis of it. For short term trading, Daily or the 4 hours charts is the best.
  6. adnan007
    As I have myself noticed not only on GT but on all other PTP forums, PTP is the most active session which several members posting on it daily. And yes, they have a even posting rates as their posting rates depends upon the quality of your posts rather than the section you are posting in.
  7. adnan007
    I have been using Nortan anti-virus and Qick heal anti-virus softwares on my pc and if I have to select one amongt those, I will go for Nortan as it provides more user friendly interface for the users to scan the computer.
  8. adnan007
    I have been using Windows Vista since a long time now and for me its the best OS as I haven't yet had any problems with it. It has been months since I installed Vista on my pc and it is still working absolutely fine for me.
  9. adnan007
    oh... I really don't know then. So the temporary ban does affects our payout as well as they not only restrict us from posting on their forum but at the same time do not pay for our effors. hmm... interesting but its important to avoid spams on their forum.
  10. adnan007
    I do agree with your views that checking for spams during payout requests becomes more easy for them. However, what about those members who joins the forum just to spam? Dont you think such members will blindly spam if the moderators does not take any strict action against them.
  11. adnan007
    MTW is surely another great PTP forum with stable posting rates. However, I do think that the admin of MTW should think about providing its members with daily or weekly contests to keep the members interest in their forum and to increase the activity of their forum.
  12. adnan007
    Well, it hardly takes a few minutes to participate in any of their contests and I dont think we have to make a huge effort in order to win their contests. However, as several members participates in their contests, it really becomes hard for members to win their contests as all depends on our luck.
  13. adnan007
    Which country are you from? I can clearly see several tasks available on mylot which are available to international members and there are some additional tasks with high rewards which are available to the citizens of the US.
  14. adnan007
    The activity in this past few days has been enormous as the members of the forum tried to reserve a place on the top 3 spots of the posters contest. However, at the end the best and the most active members deserve the victory and that is how this contest is going to end.
  15. adnan007
    Yes, thats true that no forex brokers provide any software's for the symbian mobile phones. However,if you are looking to monitor the forex market, you can do it through separate forex sites which offers live currency quotes.
  16. adnan007
    Yes, a few forex brokers do allow the members to withdraw the profits generated from the welcome bonus without any restrictions whatsoever. However, my brokers require its better to upload the verification documents before he can request his withdrawal.
  17. adnan007
    Well I am not sure in that case. Yes, in that case there might be problems as the broker should think the account is being accessed by any third party and should take any prior steps regarding the account. So its better to sell to a local person if you really want to sell it.
  18. adnan007
    $2500 was lost in real account trading but that was about 2 years back. Since then I have spend several hours trying to learn the basic of forex and develop the required skills to become a successful trader and so far I have succeeded to earn small profits out of this market.
  19. adnan007
    Well, in that case you should focus on a single strategy rather trying learn several strategies at the same time which surely is confusing. Just try to find the best strategy which suits your trading style and go for it rather then trying several strategies and ending up getting confused.
  20. adnan007
    Scalping is not as easy of a trading strategy as it sounds. This strategy requires continuous focus on price movment and is a technical based trading stratedy where a members use technical indicators on shorter time frames to take their positions.
  21. adnan007
    IP is not a problem if a trader is selling a single account as I myself use several connection types to lo-gin to my broker but haven't yet had any problems doing it. However, creating multiple accounts through the same broker can be risky as then there is always a chance of your account to get restricted.
  22. adnan007
    Yes the mind set does change if we trade for real money. We become a bit more cautios with our trades and do get excited looking at the small profits and book it. However by doing this, we are missing the chace to grab something big which we could have done is demo account.
  23. adnan007
    Nothing is impossible in forex. However a small investment of $10 will take years to reach a huge level of $1000 if a trader trades wisely in Forex. I did generate about $1060 with $120 or so in the past which was a huge achievement for me.
  24. adnan007
    Well, charts and indicators do become handy when we try to trade on technical analysis. However, fundamental analysis is another form of analyzing the market through the economic and political condition of a country. Demo accounts can be used to practice trading on either technical or fundamental basis.
  25. adnan007
    Yes, a trader can receive big amount of profits by just following a trend. All a trader needs to do is to detect a long-term trend and ride it until he is well positioned to earn some huge profits out of his position. Long term trends usually lasts for years in Forex market.
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