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Hunter
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Everything posted by Hunter
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This forum offers more then bonus poinst to a forex broker, if you want to withdraw the money without a single trade in uwc, you can do that and there is no rule which says you have to trade to receive the post earnings, that's the unique thing when you compare the forum with other forums like forex peoples and so.
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Yes it seems the admin is less active in the forum when you compare with the way he managed the forum a year ago. The lat payment was done on 8-15 which is nearly a month, so the forum offers 0.01$ per post and pays after a month, no wonder the forum is in this state, forum doesn't have anything to attract members. Simply put the members get nearly nothing for their effort.
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There are some who use game plans to play with even in gambling, One can use deep study of previous games and sessions and how they ended and bet on certain matches with more stratiges, i have seen some getting consistant profit in sports betting. But if you use that much knowledge in forex you can do lot better as forex isn't random.
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The only problem with that is that the prize was given in 2011 and not 2012, so i am not sure whether they are actively giving that much prize at the moment or not. The higest i have seen in last month is just 50 points for many posts. The rate of contests will always be good at the start of paid to post forum not after this my time, some forums slightly better in this.
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Wll, if everyone accepts 0.01$ rate then in very short period of time the rates will be 0.005$ per post, if all members accept that rate and keep the activity then the rate will go to 0.001$ and so on. 300 posts to earn 3$ is just too much work for very little money. I can see many ads in IP, maybe they are self sponcered.
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yes it really hard for newbies to accept losses, anyone can trade the market, everyone belongs to it, but to belong here for longer period of time, one must learn the forex market and focus really hard in learning different things in this huge market, so much to learn and so much time needed to invest, if you are ready for it then don't worry for any amount of losses, because you are learning everytime, But never trade with the amount which you can't afford to lose. Use demo accounts to you start to earn instead of lose.
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If you invest 5$ for each trade it ain't very small in my opinion, mainly for a newbie trader. Instead of consentrating on the amount of investment consentrate on winning % , once you get good at it, you have many ways to use the free money to trade the market like paid to post bonuses and more. Alao if you start to understand the market, you won't be sad for these kind of things.
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In the latest news he stated that lr is back and everything is back to normal in his lr account. So one can expect payment from him in few days. I alsyws belived that lr will come back and solve the porblems and they did. Now we got wait and see how the admin goes about the payments. Will be requesting my dollars, have 3$ there.
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In this case one must use very small lot size, because you are using very high leverage. If you use very high leverge and huge lot size then it will be impossible to save the account from margin call if you encouter few losses because you have low investment ot play with. If you don't do that then there will be no money management in that.
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Those who are new to forex trading should focus on learning the mey reasons for market movement and one can do that by going through the charts and studying it from candle to candle, put in as much time as you can in that, you will surely get rewards if you do that for at least a month. Try to create your own plan too.
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The admin offers great support through the forum and sents the payment in a short period of time. I have received quite a few payments from them. Another plus is that you can get paid through different payment processors. It's one of the best when it comes to refback sites.
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Reasons why this price action forex pin bar failed.
Hunter replied to asiaforexmentor's topic in Forex General Discussion
The price has been ranging for quite a long time at the time when that particular pin bar got created, when the market is in a ranging mood you can't trust pin bars that much because you will see many fake ones. Also the larger move is towards the down side and dominated the price at that point and broke the pin bar. -
Liberty reserve once again proved that they aren't scam and do everything possible to support it's members. They accepted the mistake that was made when many accounts got banned and gave their best to unban the members as soon as possible, now they are stating that most of the accounts were unbanned and will unban remaining once soon.
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if you are earning one cent per post it's kinda good in my opinion because i earn way less then that and i also do post quality posts which minimum four lines in it. It seems they pay lowest possible amount to most of the members and bit good rate for few who give more advertising to them in mylot. Seen this happening since long time.
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Most of the easy ways which i came across won't pay good amount of money. To earn decent amount of money one has to work hard and identify in and outs of the business that you would like to take, there are many ways out there in which you can earn good through online, one of the best is creating a website and using adsense in it.
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They may offer better rates then DTM and other forums but it takes lot of effort to present a single post because the quality must be really good. So it takes time more time too. Here in DTM we can post with decent quality and have fun in presenting over views and learn from others. It's best to use forums like DTM then postloop.
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Yes that happens a lot to most of us, mainly because over leveraging can affect over trading plans and actions and it puts more pressure to make a winning trade, if that happens over moves won't be that great and in the past i have faced this problem a lot, now i don't do over leveraging trades most of the time.
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multiple forex broker Trading with multiple forex broker; is it advisable?
Hunter replied to flybiz08's topic in Forex Newbies
I have seen some experienced traders use more then one broker most of the time. They use one broker for long term trades and another one for short term trades, you it can be done with two accounts in one broker but they use two different brokers for that. One of the reason would be that some brokers offer decent spread for long term trades and some won't, so it helps to lower the cost to take and maintain a trade. -
why many people see forex trade as gambling?
Hunter replied to rockstar's topic in Forex General Discussion
Simply pu they don't know the basics of forex market and how it works. It doesn't take huge amount of study to learn how it works. Some experienced traders could help you understand lot quicker then you do on your own. If you understant the basic market structure you can set stop losses and take profit at a reasonable places and then you can let them market play. -
To get some profit within a short period of time luck could help you. But to make consistant profit over a period of time you must need some good skills in trading and lot of practice to back the same. It ain't hard but will take time to succeed in the same. Choose a trading style and create different plans towards it and adjust them according to the results.
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Exness is simply my best broker. Since the first day i started using exness all other brokers went into my 2nd category. Great support is offered all most all times. They offer 5 decimal pricing even for low investors which isn't offered by many. Many payment options and instant payments, well you can see their support in most of the big forums which shows that they are here to stay.
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Not only losses but profitable trades also teach good lessons for a trader. It doesn't matter weather a trade goes into negative or profit, we can always learn something from it. But in a sense i will surely accept the fact that no one can start earning big without losses, so it's a thing that must be accepted because you can't run away from it.
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Importance of Demo Account/virtual account in Forex
Hunter replied to abdulla1's topic in Forex Newbies
In a fact not many have enough experience to create special trading plans when they enter into demo accounts as most will be newbies, but i really believe that a basic plan like using scalp system or swing system will help one in a big way to quickly imporve their skills towards that system. But others learn basic things deeply first then they try to crate plan, our views seems slightly different, nothing wrong in it. -
yes, one can understand the reason for members not being active there anymore. The rates been lowered sime time ago and there isn't any positive statement by admin. So it seems the forum will stay like this which members won't going to like. With the present condition it will remain in the list of paid to post forums, but in the bottom of the list.
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For a newbie it's surely not advisable to put in that much amount of money even if he has some experience. Start with few hundred dollars first and trade with it for few months, if you can earn good some and has less drawdown then you can invest 3000$ with full confidence, but never invest big at the start, forex market is one of the hardest one to survive and it takes lot of practice and efforts.