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adnan007

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Everything posted by adnan007

  1. I registered on FxFred about a few months back before I forgot my password. I tried recovering my password through their recovery page but found that the captchas which should be entered for recovering my account is not visible at all. I tried refreshing it but the captcha did not appeared. I dont know what to do as multiple account are not allowed with them I guess.
  2. Following a forex forum thoroughly and understand what other traders do for trading can uplift your trading performance as has been the case with me. I am a part of several forex forums and do follow them and try to understand what other professionals do for consistent profits. It has helped me in my trading too as now I take most of my positions wisely than before.
  3. Forex can be viewed as an investment method too as a trader can invest in it for long-term and take benefit of the profits in the upcoming future. Long term trading can be best used to avoid greater risk and catch the profits coming to us in the longer term. These profits might not be much in some case but its worth taking it the smallest of risk whatsoever.
  4. Both demo as well as real money trading has their own benefits. Demo trading is best for the newbies who would like to get used with the trading environment first before opting to give a try with their real money. While for the real money traders, its always good to earn real money, but it includes risk of losing out on our money too.
  5. Free deposits are always good to have but looking at the withdrawal terms and conditions, you might have noticed that it is very hard for us to complete those terms in order to be liable to withdraw those bonuses.However, if traded wisely and if the luck favors us, it is worth giving a try as we have noting to loose with such bonuses.
  6. Forex robots might be expensive but if their performance is good, then it is still profitable to use. For me, trading robots are just a simple instrument which is governed by any other professional traders and as like other traders, it can too result in losses. Hence I prefer trading on myself rather than allowing someone else to trade on my behalf.
  7. Risk can not be fully eliminated when trading in Forex. However, it can be strictly reduced when we practice forex nicely. One such common way to reduce the risk is by placing a fixed Stop Loss and Take Profit for your trades which avoids a trader to loose out on extra money which he can not afford to loose and in the worst case avoids complete blow up of accounts.
  8. One of the best advice's from my side would be to start off your forex trading career with demo trading rather than starting off right away with real money trading. Doing this will avoid the trader with the risk of loosing his/her money right away. This will also help the trader to first get used with the trading environment and then get started with real money trading.
  9. A trader can start off by investing as little as $1 into their trading accounts. However, most of the professional traders say that its a good activity to invest atleast $500 into our trading account before starting to trade in forex as it makes our trades safe and the profits are greater with higher deposits made by us.
  10. I dont consider forex to be same as gambling neither do governments. I am a citizen of India where gambling is strictly prohibited. There are laws to punish gamblers but there are no laws for forex or stock market trading. They allow it which clearly means that they do not consider forex to be a gambling activity and neither do I.
  11. I do agree with you @budado. Forex newbies usually avoid the hard part of learning how to trade using demo accounts and get started with forex trading right away which works against them. Trading requires alot of patience and hard work. Their are no shortcuts and doing so can result in huge losses and sometimes complete account blow up.
  12. In case of Demo account trading, out mentality is set that in case we loose, we wont be loosing out on real money. This mentality helps us to keep our positions for longer time and take risks which is not the case with real money trading. In real money trading, we think that the smallest of profits should be best taken before it goes away and there is where we change our trading strategy which results is decreased performance.
  13. Trading can be done on Daily, weekly, monthly or yearly basis depending upon the type of trading we do. Daily trading contains huge risk but looking at the rewards we get, its worth giving a try. On the other hand, long term trading is a safer option but requires a lot of patience to earn profits out of it.
  14. Well, I prefer Foex trading over stock market trading as Forex trading has lower spreads and requires less deposits to help us get started with it. As compared to forex market, Stock market is not for everyone as it requires huge deposit amounts to get started and the risk in such market is comparatively high as compared to forex trading.
  15. Every person learns from his past mistakes, so is the case with Forex trading. Sometimes in forex, we take poor decisions causing us huge losses when we could have ended up in a profit. Such mistakes help us to learn and avoid such consequences again. So losses sometimes teaches us a lesson which results in future benefits.
  16. Demo accounts plays a very important role for the newbie traders to help them get used to the trading conditions available at this market. It is considered as a good and safe practice to Demo trade first before investing real money as demo trading can help you learn the basics which will be useful to avoid losses when starting to trade with real money.
  17. Its hard to achieve success from a mere free bonus but it is possible. If traded nicely, it is possible to convert those small deposit bonuses to a big one. Do remember that the greater the deposit, the better the chances of earning better profits and the safer it is to trade in the world of forex. So, if traded properly success can be achieved from bonuses.
  18. I tried FBS through their free $5.00 welcome bonus and was quite impressed with them as they had low spreads with instant execution of our trades without too many time outs. It was a nice experience for me but unfortunately I was not able to earn profits out of those $5.00 welcome bonus offered by them. Nevertheless, for me its one of the best brokers available today.
  19. If you are looking to scalp, It would be best to find a 5 digit broker as scalping becomes fun and more profitable in a 5-digit broker. Top brokerage companies now also provide 5-digits trading including Instaforex as well. You can also try Exness which has one of the lowest spread rates given by other brokers online.
  20. I have been trading with InstaFX since past 2-3 years or so. They are one of the best brokers available today but I have noticed that their spreads are a bit more than what other brokers offers. However, they do cover it up with the several contests they hold on regular basis which attracts several traders to their site.
  21. I was reading the rules of the free $8.00 offer which they give to their new members as welcome bonus, where I found that the rules were quite hard to complete which included the 2.00 lot trading, which meant that we needed to trade atleast 200 trades before being liable to withdraw our bonus which seems to be very hard.
  22. I was not active on Easyhits4u from quite sometime but yesterday when I tried surfing some sites, I found that they have limited amount of sites to surf now a days as after about 200 sites, they said that all the sites were already surfed and I should visit later to see if more sites are available to surf.
  23. Dear Admin and Mods Displayed Username : Adnan Amount To Request (DMT points) : 180 Payment option : Liberty Reserve ID: U4401585 Hope to get approved and paid soon, Thank you, admin & Mods too
  24. I am finally back on Mylot after years of inactivity. I was not satisfied with their posting rates lately and then decided to stop posting at mylot but as I am back online and have a lot of free time, I can give some of my time to Mylot once again and see if I can reach their high minimum payout of $10.00
  25. After months of problem from MEF, I am finally able to visit it. I was having a problem with this site lately as I wasn't able to visit the site at all with my IP address but it seems that the blockage is removed and I can restart to post at MEF once again. However, I have forgotten my password sadly and wondering to create new MEF account if they allow it.
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