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adnan007

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Everything posted by adnan007

  1. The 180 seconds wait time in between posts is frustrating at GT but I don't have big problems with it as the additional time is used from my side to increase my posts length and quality which does effect how much we will be receiving for our posts later when we request our withdrawal at Goldentalk.
  2. I have not been able to post at EP lately but the most embarrassing thing which I do not like about this forum is their loading time. I have a slow internet connection which takes several minutes for EP to open which is very frustrating. Same is the condition with its partner site TCC. This has restricted me to post at RP[ lately.
  3. It is nice to see that this forum is paying but the bad thing is that they rejected my registration request without any prior information. I wonder what is the matter with them or if are no longer accepting new members to their forum. I have registered to the forum once again and waiting for them to either approve or disapprove this time.
  4. Its my first month at MT5 forums and I have already reached $25 at MT5 but as they pay to our insta account and the payment sent by them can only be used for trading purpose, I am just hoping to earn a few bucks out of the bonus they will be paying to me. It seems that they pay at the start of the month which is not very far away.
  5. I too was inactive here at DMT from the past few months but as I am back now, I can start of my posting campaign once again and expects some quick payments from our admin. Its months since I last requested a withdrawal here and I am very eager to request another payment here at DMT as soon as possible
  6. I am not able to post replies at GFT as its getting timed out. Is anyone else encountering the same problem? I wonder what is the problem with them as there are hardly any recent posts made at GFT which does mean that its not only me, other members are too facing the similar problems while posting.
  7. Trading on daily basis is not a must in forex There are a few of those traders who trade on weekly, monthly or even yearly basis. The good thing about this market is that our position never expires and we can allow our position to run for as much time as we want. However, the only condition can cause our positions to get automatically closed is when there is no funds in our account to trade or in other words, during complete blow up of account.
  8. Profits are profits, no mater how big they are. They are far better then those ugly losses which we receive every now and then. Getting greedy with our trades can result in some bad losses as I have come across such situations several times in my career. Trading is something we should be dealt with a good trading strategy and with cool mind.
  9. Forex forums do come handy to know what other traders are thinking and what are their strategies on different currency pairs. You can surely use those analysis and set your position as per it. Another advantage of a forex forum is the latest happenings we get to know which effects the trading market up to a great extent. These can be helpful too.
  10. Using long term supports does reduce the probability of unsuccessful trades but at the same times risks you to loose far more in a single position if your Stop Loss is hit. The best strategy when long time supports can be used is when we are looking for some good amount of pips profit and are ready to risk big amount of pips too.
  11. Well, there might be something wrong with your trading strategy if you are consistently loosing out on your trades. If you are using a trading system, try to switching to a new one as the probability of unsuccessful trades in quite high as compared to profits. Try re-establishing a new trading strategy and use it on a demo account to avoid further losses.
  12. We can loose more than what we have in forex. But some situations rarely takes place in forex. I did come across one of such situations on my demo account where I kept a position open during weekend and the market started off with a big gap causing my account to not only get blown up but at the same time cause a -$200 on my demo account which was shocking.
  13. There is no shortcuts to earn consistent profits from Forex. In order to earn profits out of this market, a trader should accuire the trading skills and knowledge which is required at a minimum to become successful in this market. Such skills takes lots of hard work and time to establish but looking at the profits it can earn for us, its not really a matter.
  14. Forex can not be termed as gambling but it is considered somewhat similar to gambling. As in gambling, most of the games depend upon luck but in Forex, luck doesn't have a big role to play but its the skills of the trader that matters the most. Moreover, gambling is restricted by several countries but Forex isn't against the laws.
  15. One of the main mistakes commited by a newbie is to avoid the use of Stop Loss (SL) function while trading which is one of the most important thing in forex. A new trader should take their position with a tight SL to avoid losses which can not be afforded by them or in the worst case avoid a complete blow-up of account.
  16. I do agree with you that many traders fail or have some consistent bad performance as they do not stick to a particular trading system. However, this is not the case with me as I am using my trading system for years and luckily I have had some successful trades with it. The losses do come but its far less then the profits which my trading system brings in for me.
  17. Both demo account and real account have their own advantages. Demo account is basically used by the newbies to get started with trading in forex. It mainly for the purpose of practicing. While, real money trading deals with the trades which are taken in order to earn some money out of it.
  18. For me, the best trading time is when the market is trending. I have noticed that the market start to trend mostly after the European session or the US session gets open and thus I mostly trade during those time and get some easy profits out of my positions successfully.
  19. I used to trade at Marketiva before but later switched to Instaforex as I was not very much satisfied with them. They do not have fixed spreads which was one of the main reasons I decided to make a switch to Insta. Instaforex seems quite impressive but the spreads are very big here. There are other brokers with smaller spreads.
  20. I have been following EUR/USD and GBP/USD lately and therefore I would like to say that these both are my favorite pairs which gain me the maximum profits out of this market. However, these both pairs still needs some cautious trading as forex is always unpredictable and we never know what the market is going to bring for us in the future.
  21. I would select forex over Hyips for sure as in forex, we have a chance to earn some good profits when we have mastered trading in this market. However, in case of hyip's, it sooner or later turns into a scam. No matter how secure or reputed HYIP's are, all of them turn into a scam as far as I have noticed which is clearly not the case in forex.
  22. Initial capital that a trader needs to deposit depends on the trader itself. A trader can invest as small as $1 in forex to get started with it. However, the professionals advise a minimum of $1000 to be invested in forex in order to have a good chance of ending up in profits. However, the trading knowledge and skills is a must before we can have any chance to end up in profits.
  23. Foreign Exchange or in short Forex is a trading market where we trace currencies in pairs for one another. It is a 24-hour market which deals with the buying and selling of a currency for another currency at the same time. It is one of the major trading market with highest number of traders traders available today as per surveys.
  24. Well, I am a trader which deals with education and experience rather than luck as ecucations is the most important thing for us to survive in this market. Experience is something we get with the pass of time in this market whereas, trading on the basis of luck can be risky as trading is considered as a skill-based market rather than luck-based.
  25. In the starting days of my trading career, I practiced about 6-8 months on demo account before I finally decided to switch to real money trading. However, for a newbie, I recommend that atleast a one year of practice is must to learn all the basics of forex.
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