Exchange Blog Cryptocurrency Blog
budado
Member-
Posts
7,033 -
Joined
-
Last visited
-
Days Won
4
Everything posted by budado
-
What risk management strategy that you used?
budado replied to andry777's topic in Forex General Discussion
Its best if we educate our self about forex trading and the contents of risk and money management. First and foremost risk management has nothing to do with actual trading. Secondly if you going to compute the amount then you are dealing with money management and not risk management. Knowing how to use money and risk management is essential in earning in forex trading. -
Its good to concentrate what we do. In forex trading we need to make sure that we use the right lot size and the right price input when we trade. Because if not then we can end up making big loses as we make mistake in putting lot size and putting price range. That's why if we want to earn good we need to focus on what we do.
-
Your post has no connection to this thread. This thread is about zero spread. even if its 0.2 spread its still not zero spread. So I think its best that you post your post in proper thread. This is consider an advertisement and high jacking a thread if you ask me.
-
I don't have daily target right now. I just base my TP on the daily volatility. For example in aud/usd my TP is 25 to 40 pips only since its has less than 50 pips volatility right now. I am hoping to increase it if theirs an increase of volatility or decrease it if theirs weak volatility. So in short my earnings will depends on how volatile the market is.
-
If you do analysis theirs no such thing as bad timing. In forex trading we rely on our analysis. I do lots of pending orders and I use SL and TP depends on the market trends and patterns. So theirs really no such thing as bad timing. Just do pending order and leave and update your position or check your position every five hours.
-
Can you really trade without emotions..?.YES
budado replied to showrov1993's topic in Forex General Discussion
Its stupidity in his part to hold his losing position and even reach -450 pips. This guy totally have no idea about SL, risk and money management and doing analysis. At most I can loss in one trading position is 50 pips. That's the most I am willing to loss. I don't hold my position just to loss. If I close it and open an opposite position then I end up having 450 pips profit instead of -450 pips. lols. -
If I have million of dollars trading capital I guess my next move is to make profit using a sophisticated bot. Just imagine a bot that has an IA and can process a lot of data and information that in the long run its can trade for me without any of my help. A powerful computer can process a lot of data and its can do technical analysis much much faster than human being does.
-
Psychology? Its does not have any impact. Its an action reaction thing. Its your personality assessment. So theirs nothing to abuse and its has nothing to do with knowledge as well. Its best that we study sentimental analysis. As what your post seems more on sentimental then psychology.
-
Its not which is important. You are not trading yet. Its about what funds you have in your forex broker site. So if you are living in Europe what the point of having US dollars right? Its better that you have euro instead of US dollars. Some countries currencies are not that stable that's why they prefer to use US dollars. But in other countries that their currency is majors they use their own currency also.
-
How do you trade the news in forex trading?
budado replied to asiaforexmentor's topic in Forex General Discussion
What's for? If you do fundamental analysis you don't need to wait for 3-6 minutes. In fact when trading the news you need to open a position before the news so that you already position yourself to make some profit in here. I don't recommend that you wait 3-6 minutes. You can get hit by spikes and when that happen you end up blaming news and trends for wrong info. -
This month I already cashout 300 dollars and invest back 100 dollars and keep 200 dollars. I do hope that next month I can earn more. I am expecting to earn about 600 dollars next month. If I can achieve this goal I will going to invest back 200 dollars and keep 400 dollars. I am still not near earning 1,000 dollars a month and I don't have plans to reach a point that I can earn 1,000 dollars a day.
-
I really love this forex broker site. Most of my funds are in here right now. I am really hoping to reach 10,000 dollars trading capital for this year in here. My goal is always to have big profit in the long run. So I am more focus on building my trading accounts in here. Who knows in two to three years time I can really see myself as a successful trader in here.
-
I am happy that I turn my 30 dollars plus fxfred funds earnings to 70 dollars right now trading in mayzus. I do hope to get another 30 dollars in fxfred next month. If that going to happen I will have 100 dollars plus trading capital. I think its good start for me. I really do hope that I can have good and long term trading in mayzus. Its will be a good start for me this year.
- 791 replies
-
- demo contest
- review
-
(and 7 more)
Tagged with:
-
Because this place is for legit members and not scammers. I do earn good money in instaforex because of mt5. This month I did earn 300 dollars without any problem. The only thing mt5 and instaforex ask is we follow their rules. Why is it hard for you? If I am the owner of this forum I will also ban members who don't follow the rules.
-
Digital Cash Palace Forum - DigitalCashPalace.com/forum/
budado replied to ghaffarahmad's topic in Get Paid To Post
I am trying to maintain a 5 post a day activity in here. If theirs a lot of posters then I post 10 post to 15 post maximum in a day. But usually I do just post 5 post a day in here. The good thing is that its seems theirs more and more poster in here actively posting. Unlike before when theirs only few. I guess its because theirs only few paying forum right now. -
Still no payments until now in here. I some how getting worried. Since most stable ptp forums that I am in stop paying already. I do hope that this one will going to turn just fine. I still do try to post in here if I can. But once I reach 1,500 points that still no payments I will going to decide to stop posting in here also. I will just going to wait to get paid.
-
digitalmoneytalk - digitalmoneytalk.com
budado replied to yogeshwartyagi's topic in Get Paid To Post
Once I reach 500 points in here I will try to request payments in here. I do know that theirs some delays in payments in here so I am just wondering what is the problem is. But I do hope that payments will be back to normal in here soon. As long admin does not say he going to stop paying I will continue to try to be active in here. -
I already have 50 dollars right now and I think I can still reach 85 dollars before the month end. In fact right now I prefer just to get 80 to 85 dollars a month in here. And I love to invest also money in here so its more like investing and earning at the same time in instaforex and in mt5. This is the biggest earnings I have online.
-
Do FXDD has paying forum in which we can post and earn bonus funds to trade? This is my main objective right now to find a good forex broker sites that give bonus funds that I can use to trade. So that I can check the site first before I invest my own money. If its can afford to pay me with their bonus funds then that's the time I invest my own money.
-
Its only good to use bonus funds if we do know how to trade. But if we don't know how to trade then we can just end up wasting that money. That's why its best to keep on trading until we become a successful forex trader. Theirs no more room for loses in forex trading. We need to keep on focusing on having more knowledge before we trade the bonus funds.
-
I am disappointed with myself in here. I love this forex broker site but problem is that I got stop out in here. I don't blame mayzus as its my own fault. I just want to have more funds in here so that I can regularly trade in here again. My goal of having 1,000 dollars minimum in here is still in here and hoping to achieve it in here.
- 791 replies
-
- demo contest
- review
-
(and 7 more)
Tagged with:
-
I am happy that in instaforex I some how recovered my loses and cashout 300 dollars this month of October. I reinvest 100 dollars back in my other instaforex account. All of my account that reach 1,000 dollars plus trading capital is good for cashout. But those account that has less than 1,000 dollars I just keep on trading and even adding more funds.
-
Forex is not that risky. Its all just an excuse. The truth is that you are not trading in forex. Because if you do then you know that its not risky. I do earn good money in forex trading and I don't really spend much time doing anything but just do analysis. And analysis is just nothing more but reading and using commonsense.
-
How to start trading without investment?
budado replied to riad99's topic in Forex General Discussion
Be active in as many ptp forex forum as you can and earn bonus funds. But make sure that you treat your bonus funds as real money. In two to three months of continues learning in demo account and in real account using bonus funds you can see that you are starting to earn. Its good start and I do believe that we can all handle our trading account properly soon. -
That's good. How much do you earn each month now? I am hoping that next year I can earn 500 dollars minimum a month. That's why I am focus on building my trading account and reach 10,000 dollars. This is my target earning and I do hope that I will become a successful forex trader some day. My main goal is to earn 5,000 dollars minimum each month.