bluemac

MQL5 is for coding EA i guess..!

On 03/01/2017 at 2:37 PM, Money Morkel said:

There are almost thousands Forex company in online retail market , so it is very difficult to find a right platform as most of them are found to be scams.  We can choose the regulated platform which always ensures security of funds at any investments with a wide range of trading technologies.

I better say stay away from those who offers silly promising invites of becoming rich right after investing with them.

On 25/01/2017 at 2:44 PM, Joy Bahadur said:

Learning is the foremost way to keep survives in this volatile trading place for a long time.  but I have seen according to my trading experience by and large traders in particularly the newcomers try to make money without learning and they fall a great loss when trading practically.  Now there are lots of source to learn FX in a proper way and almost all brokers make sure best trading environment for learning by providing exclusive education facilities with video tutorial videos.

I would agree with this statement as i have noticed many brokers that are facilitating everyone by providing quality webinars and other stuff which are absolutely free of any cost.

I see many emphasizing over trading a demo account before going to live trades, so this is must to observe the trading rules and give time to demo trading as it could be the biggest asset of any successful trader.

I didn't get your post please enlighten me more..! thanks

Demo account and demo contests are really helpful in my opinion, i still trade demo account on lmfx broker to test any strategy before implementing it to live accounts.

Binary option trading can be good to hedge against the forex trades but currently i am only stick with forex trading.

Forex Cycle --->> Managing stop losses > take profits > leverages & spreads > profits > withdrawals and so on..

Obviously, those who are making good returns on their investment through trading forex will be more than happier and so that the case with me.. I am also happy as i am making good out of it!

I think it depends on how we treat forex but on the whole i guess it is a pure business of calculations and analysis. Moreover this professional market requires us to avoid mistakes, otherwise we will loose obviously.

Yes exactly it teaches a lot every day and the learning in forex may never be stopped otherwise such traders will become obsolete..

Ok, then isn't it that good to stick with those PAMM managers as long as they are providing good results and then switch to another PAMM manager who has good performance.

I am currently using MT4 and haven't tried MT5 platform as yet or maybe i will try it once Mt4 become obsolete in future, till then better to be with MT4..

Mostly all of the brokers allows trading during news and that is the best time when a scalper can hedge the market applying scalping techniques. However, new traders should avoid scalping as the market is much riskier and unpredictable during news release session and chances are that they can get their accounts emptied during such time.

Forex trading is obviously risky however we better focus on acquiring the appropriate skills necessary to foresee the associated risks in forex and learning the ways how to manage those risks.

On 03/02/2017 at 8:20 AM, resmana said:

success in forex trading is not easy to do, because with success in forex trading need to do in a way to keep fighting and practicing. have a high risk trader difficulty in making money in forex trading. But the skill maximum capability will be easier in the money can be obtained

Actually success does not come over the night, in fact we need to be consistent in learning and practice different strategies on demo account before applying them to live trading account and moreover observe patience as well in order to become successful in trading.

On 08/02/2017 at 0:02 AM, binaryowner said:

Well it all depends on the leverage you take. My leverage at Hotforex is 1:100 and I don't consider it risky at all. 

Hotforex offers 1:1000 on micro and 1:400 on regular accounts however there are some brokers which also offers 1:3000 which really seems unrealistic though new traders being unaware of the market should keep the leverage low in start as high leverage can be riskier to them.

On 06/01/2017 at 8:53 PM, usok said:

is this like a new concept for pamm? nice.. 

Yes i think this PAMM is for those investors who wishes to make passive income streams from forex trading but they does not want to trade themselves or don't know how to trade.

I better suggest trading with those brokers who have a repute as well however finding a reputed broker is really becoming harder each day, so it is good if we thoroughly research a good broker before going to trade live.

On 10/11/2016 at 2:39 AM, binaryowner said:

How long have you been trading with them? What type of account do you use?

I have a small account with them but it is purely on profits base now as I have earned good returns on my investments from them, so far so good.

On 10/11/2016 at 2:27 AM, binaryowner said:

All risks are controllable on forex, but due to greediness of many traders its so hard to control and easy to lose. I always use small lot size and tight stop losses with Hotforex that's why manage to trade in profit 

 

I guess we better focus on managing the risks associated with our investments otherwise there are some who make losses and many who looses more while chasing their lost money.

Spread is considered as the trading cost and lower the trading costs higher the profits so we need to trade with those broker who offer lowest or competitive spreads.

It is true that demo trading can be helpful in learning forex trading processes more easily and quickly, it is also one of the biggest asset to any successful trader and anyone who wishes to become successful should focus on trading demo account.

Practice through proper trade management plan and it is also good to have a trading journal in order to review and evaluate trading performance.

On 22/08/2016 at 2:41 PM, Money Morkel said:

We the traders actually have to deposits in regulated trading brokers which guarantee their clients’ funds. Only regulated trading broker make sure security of funds at any deposits with a wide range of trading technologies.           

 

That could be good idea if we go with reputed brokers however there are many past examples where even regulated brokers turned into scam and took away investors money. SO better to put necessary capital with the broker you trade and stay safe.