Search results

That's why you should only do business with verified brokers. If there aren't any reviews about the broker, it's best not to open an account with them. For example, on forexoptimum.com there are plenty of reviews.

I think selfcontrol is the main thing on forex. If a trader can't control his emotions and feelings, then it'll be truly difficult for him to make money on forex.

There may always be things that someone might not like. If the spread is floating, then they'll write that it's bad, that there's no fixed spread, etc. As an option it's one out of many, and there are many hints like that.

Stop loss really isn't needed, only for scalping with strategies that don't involve loss, there you set it however you see it necessary.

It's possiblt to get rich on forex but it's a pretty long complicated process.

If you think the review isn't true and causes doubt, you can ask the author of the review for a screenshot for example where you can see that they have an account with the broker and that what he describes is really happening. But on forexoptimum I don't think anything so negative was written.

I think it sounds realistic. Forex can help you become quite well-off, the important thing is to be thoughtful when trading and, of course, follow all the rules that you've set for yourself. This way everything should work out well.

My family know that I'm into forex trading, but I wouldn't want them to take part in it. I just wouldn't be comfortable with it.

I make some money out of forex trading, but for now the income is not that great, though I'm doing my best to make far more money as soon as possible; I'm improving my strategy and upgrading the money management. All in all, I expect the forex profits to increase significantly pretty soon.

I don't think you should believe in superstition while trading, I doubt it will help, the main thing is to be certain of yourself and have enough knowledge in trading.

Yes, it's no use to blame bad luck or something else other than a lack of experience. No hurry, don't trade large sums right away, you should first study, and then start trading and even sometimes take justifiable risks.

What do you mean why? He's trying to lower the rating and interest to this broker with his own posts, that way encouraging the traders to choose that broker, where he didn't write his post, or has written it, but positively. As they say - nothing personal, just business.

At one time I seriously was involved with binaries, but then I quit it and switched to forex for good. There atleast there's no dependence on time. In terms of a strategy - some are suitable, with some exceptions.

That's all in the past. But I liked working with stops so much that I decided to use it and I rarely install stops on deals. Stops have never yet let me down, they always work.

Not always. When I just began studying trailing, I had no idea how take profit and stoploss worked. But nonetheless, in the trading strategy it said to set the stop on a certain level and that's what I did. Later I studies the information on how the thing works)

Yes of course, losses shouldn't be feared, but on the other hand you shouldn't try to allow them to happen. when a person is afraid of something, he attracts that problem to himself, in the case of fearing a drain, it shows itself as nervousness and an uncertainty about your own strength. So...

I'd say after all that the conditions are practically just as good, there are some limitaitions, that means not quite as good as the dollar account. But afterall for 95% of traders that limitation doesn't show in any way, since they don't use these instruments in trade.

A cent account will also do for testing out trading with a different trading strategy.

There is a bearish trend developing on XAU/USD pair.

I can see an excellent entrance to the USD/CAD market after reaching the 1.4490 level. The price will go down.