stephane

hi there

by recording your trades and see your mistakes and solve your own psy problem

by calculate your money mangament and keep track on what u did even in ademo accounts

this two prog has simple and easy way to use and connect into mt4

http://www.4shared.com/rar/PZKkP6SK/calculator_tradelog.html

engoy

I think there is only one common point to great traders. They may have different styles, but they all plan their trades and trade their plan. And this is the key to progress in forex.

Well, I actually heard about one. Or rather about four.

There was a guy that used to come with a never loss system every two years. It was selling at a few thousand dollars, and its marketing was superb. you could even try it as demo, but usually for such a short period that you barely had time to understand how it works and the period was over. Meanwhile you were was receiving mails and mail explaining how the people that bought that systems were already making tons of pips.

So last time he came with his new miracle system, I was ready, took the trial period, and implemented it on a demo. Within two days I was at -400 pips. And guess what ? I was still receiving mails explaining how people made tons and tons of pips using this system, then the trial period was over.

So I do not know about the never loss system. It might work, it might not. But I surely will not take for granted/true everything is said about forex systems.

And coming back to the basic : have clients of regulated brokers be better protected than clients of unregulated brokers during the SNB crisis. No.

So the answer to your question is : No, a regulated broker is not an absolutely trusted broker.

avoid this kind of trading stategies. it's ticking bomb trading style. no matter what you do, you'll got account blown up. trust me and thank's me later.

danzfx, are you live in malang ?

I agree to that. I tried on a demo a few times cause I wanted to try whether it works or not. I always sooner or later got a margin call.

"What is the easiest way to end up with $5,000.00 trading?

Answer... start with $10,000.00 "

:)):))

But all of this is very true (although I know one guy that is selling a forim for 99 Usd/month and where I learn the most valuable things I know so there are exceptions). Well forex is without mercy, we all know it.

Basically it comes back to risk acceptation and broker marketing strategy. Some brokers will establish in regulated countries and will attract mainly "conservative brokers". They will generally meet higher spreads as regulated brokers will have higher costs of running their business. They will have to cope also with every new regulation political authorities will judge fit to implement.

Other brokers, more and more as a metter of fact. will establish in less regulated countries. They will have lower running costs and will be able sometimes to offer you lower spreads, and no 'FIFO" or whatever rules. But you need to check the brtoke reputation twice before opening there an account (there are indeed good brokers in the unregulated world!)

Last thing. Open first in demo and run it for a few months to check how this broker is doing, before deciding to go live with them. This what I am doing currently, as a review of tickmill broker performance, for I am considering to go live with them.