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budado
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Everything posted by budado
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Bad side is we pay commission if we make profit and we loss every thing if PAMM manager loses. So theirs really no point hoping to make good profit in forex pamm account unless we really have done good study on that pamm manager and hope that he can make good income for us on constant basis.
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Even if I make good profit each day I will never going to blow it. Theirs a lot of money that I need right now and I still do want to grow my trading account. I'm really hoping to have 100,000 dollars trading capital and right now I only have 3,000 dollars. I'm still far far from my trading goal and objective. My dream is really to build big trading capital and I can only do that if I know how to make some good profit.
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That's true. In my case I can keep on earning in forex and same time I can invest long term in stocks trading. My main goal and objective is to make sure that I can earn good amount of money each month. I do hope that I will be earning just fine in here. I'm so sure we all going to make it big in forex trading. I'm lucky to make it here good.
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My target is to earn 500 dollars a month. If I can earn that much then I can say I am a regular earner. I do know that I can master enough money to make me a big time trader. In two to three years time I can really say I do love to make so much profit without fails. I do like to make something good out of myself in here to make me a big time earner.
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For me if we want to earn in forex we need to convince ourselves to earn big in forex trading. I been earning in forex for few years now and one thing I learn. That each month I can keep on growing my trading account. If theirs 12 months in a year and I can keep opening 100 dollars trading capital each month. In just one year I can have 12 trading account with 1,200 dollars total trading capital.
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- life vs forex
- discuss life vs forex
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A forex broker sites do earn money in many ways. They can earn via spread and they can earn with our deposits also. The money they receive they can invest it in some where else and make good money out of it. I do recommend that we spend more time learning how to do trading and make profit and lets hope some day we are the one running a forex broker site.
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In that essence is the same. But since we are using virtual funds in demo and real funds in real account. Our trading experience is totally not the same. In fact we don't feel any loses when we trade in demo but in real account even with limited loses we still have some emotional effect on us.
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As long we have self control then I don't think theirs something wrong with that. Right now each month I do expect myself to open a trading account with at least 100 dollars trading capital. I want to expand my trading account each month and the only way to do that is to make sure that my existing accounts do earn me more than 100 dollars. Its like doing a compounding by opening more and more trading accounts.
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Just wondering. How long does it take for me to earn my credits? I realize that the credits that I gain when I deposit I can actually withdraw if certain trade are meet. But I don't know how much or how big the lot size is. I do hope that I can get the 30 dollars credits soon. I do hope also I can lower my leverage to 1:100 in FBS.
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- FBS
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soo many brokers, and I want to pick one :)
budado replied to Sara888's topic in Forex General Discussion
I'm planning to have eight right now. I do use paypal, neteller, PM, STP and bank wire to withdraw or invest in forex trading. And some how I'm really happy that I can earn. I do like to use skrill also but I got my account suspended so I end up having no more skrill. And for me the best way to pick a forex broker site is to check if its supported the payments processor you want to deposit and withdraw. -
I don't know what broker site you are in. But in my experience its not automatic. I mean theirs some fees involve that you will get lower value if you going to exchange it. My suggestion is that you just cashout in US dollars and just use the processor that you use to convert it to KWD if you want. Because if you going to exchange your usd dollars to kwd right away I'm sure you will earn less because of fees of exchange.
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Did you broker provide transparant real PAMM account
budado replied to TenkoFx's topic in Forex General Discussion
Its depends on a PAMM manager on how much information he want to share to its investors. If my memory is correct when I open a PAMM account I can check some features that I like to add in my PAMM account. I'm sure I can share the trading information for my PAMM account to all of my investors to see and those who want to check my earning record. -
SOMETHING THAT I HAVE BEEN FOR YEARS IN FOREX TRADING.
budado replied to asiaforexmentor's topic in Forex General Discussion
I only have two secrets to share. Practice and hedging. No matter how long you trade in forex its good to keep on learning. Meaning you need to take down notes and review your trade each week and see how you can improve your trade. I do this and so far I'm happy to say that I do trade and make profit at least 5% profit each month. -
I'm happy to be in aonda, mayzus, ironfx, fbs and instaforex. And I also want to add liteforex, exness and freshforex. I'm hoping that before the year end I have eight different forex broker site to use to trade in forex. I'm so sure I can really earn good amount of money this year.
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Did Greed for Trading More Return Loss for you?
budado replied to kiranchandra's topic in Forex General Discussion
I don't think its a return loss. Because a loss is a loss and if you say return loss its means you make some profit and just loss it. For me if you are greedy this is must not be the case. Being greedy means you want to earn more and more. So if you are losing its also against the principle of forex trading in which you want to earn more. -
How Long Do you spend in Trading Fx Daily?
budado replied to Aikhen's topic in Forex General Discussion
Right now since I have lots of small trading capital. I spend an hour or two in the morning and another hour or two in the evening to update my trading accounts. I also make sure that I can invest more money in forex so that I can build my trading account. My main goal and objective is to make sure that I can handle my trading account without any worries. -
Its really a great opportunity that every body including me can actually make some profit. I do know that a lot of traders just give up forex trading after they incur some loses. But I do know who sees forex trading as opportunity even if they incur loses some day end up making good profit in forex trading. That's included me.
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I already seen my bonus funds in my mayzus account. Its good 35 dollars. Its really good compare to my low income of 4 dollars in trading only. Just imagine that I have 300 dollars trading account and I only earn 4 dollars. That's not even reach 5% profit target of mine. That's why a 35 dollars bonus funds from fxfred is really good earning for me.
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I only make one post today. lols. But that's okay. I already have 75 total post in here. I only need to have 25 more post and I'm good to request payments again in here. I really do like to post in here on daily basis. But sometimes I can post less than 5 post and sometimes I can post more than 15 post. Although when I post more than 15 post I feel like all eyes are watching. lols.
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Digital Cash Palace Forum - DigitalCashPalace.com/forum/
budado replied to ghaffarahmad's topic in Get Paid To Post
I'm happy that payments is fast in here. I got paid and I invest my earnings in oanda. I do hope that I can keep on growing my money in forex trading using the earning I have in dcp. I also do hope that dcp will find a good forex broker site that do accept STP as form of investments also. I'm sure I will going to join under them if they can find one. -
My target this month is to get 80 dollars bonus funds in here. and my target is to cashout the same amount of profit. Usually what I do is I make sure that my earnings in instaforex and the cashout I made in instaforex is the same or much lower compare to the bonus funds that I earn in mt5. In this way even if I cashout my profit in instaforex my account in instaforex keep on growing.
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Most requote happen when the server of our trading platform gets a lot of activity. And usually this happen when theirs a lot of scalper. That's why its very important that the server is not flooded with activity in order to prevent lots of requotes. This is the main reason why many forex broker sites has an holding period of at least three minutes.
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That's true. Even though I'm trading for the last three years and half now I still do make constant improvements in my forex trading strategy hedging. Its because I do feel that its worth it to try to keep on trading and making some money via forex trading. I'm so sure I can really enjoy having so much money in real account if I do know how to handle my trading account.
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Even if we use the maximum leverage allowed we can still use the minimum lot size allowed and that is 0.01 lot size. Leverage can control our maximum lot size use but not the minimum lot size us. And your free margin also is bigger as the higher the leverage the higher the percentage of funds you can use to trade.
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Theirs many ways a forex broker earn. First one is via spread. The spread between buy and sell position. The other one is commission. If we invest some forex broker site earn with some few fees in our deposit and our withdrawal. The other one is that when we invest they can use our money to invest also and that means they can earn from our deposits.