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Recent content by gkintl

  1. gkintl

    is Forex unpredictable business?

    If you have the skill to predict forex market then to a certain extent you can forecast the price movement in binary options as well. This is particularly true when an asset is trending. It would be beneficial if you trade with a broker who also offers binary options. I trade with Alpari who...
  2. gkintl

    Who do you think is responsible for the loss while trading?

    In my case, I will hold myself responsible for any kind of loss as my broker Alpari provides me with fabulous trading conditions (no platfrom freeze, smooth flow of orders, no re-quotes and quick confirmations). Additionally, my broker Alpari also provides me with detailed market analysis...
  3. gkintl

    Without experience should I invest a big amount

    Investing in PAMM account is suitable only for those who neither have the time nor the interest to learn trading in the market. Those who wish to become a professional trader should begin investing small capital. There are many brokers allowing traders to open account with no minimum deposit...
  4. gkintl

    Open Bitcoin wallet and receive $5 worth BTC

    Finland based company has opened a wallet service where clients can store their BTC secure as never before. --Uses double multi-signature for login --Only wallet which backsup transactions --Trade BTC on a decentralized exchange --Predict price of BTC and win prices Sign up and verify (via SMS)...
  5. gkintl

    Hi, I saw your post calling for traders who can manage large accounts. Pls., provide me further...

    Hi, I saw your post calling for traders who can manage large accounts. Pls., provide me further details. I am interested. Karthikeyan
  6. gkintl

    Which payment processors do you use ?

    Each and every ecurrency is suitable for a specific purpose. This is what my experience is. I use paypal for freelancing jobs. For PTC websites I use payza. For the forex trading I use perfect money and webmoney. I am comfortable using this way. This is because paypal directly sends money to my...
  7. gkintl

    Which forex software is best now ?

    MT5 is very popular among developers of expert advisors. It enables a trader to create extremely complex programs using genetic algorithms and artificial neural networks. However, some of the simple commands such as opening or closing a position runs to several lines. Also, the software does...
  8. gkintl

    Risk Management In Forex (II)

    Trading large lots with small capital is highly risky. However, a good trader can really capitalize on the leverage by entering and exiting at the right moment. Such a trader will not face any risk. It takes a lot of experience to trade huge volume with small capital. Until then, it is in the...
  9. gkintl

    What is scalping ?

    Scalping is advised or suitable only for professionals. It is better for a newbie to avoid that. It is very complex considering the fact that you will have to trade both an impulse and corrective wave. An impulse, as per Elliott wave, moves in the direction of a primary trend while a corrective...
  10. gkintl

    Should we spread risks among a few brokers

    It is better to have accounts with several brokers considering the fact that forex market is highly unregulated. Nobody known when a forex broker will shut down. Even though there are highly reliable brokers, still it is better to have at least two accounts with top class brokers when we are...
  11. gkintl

    Want to learn fast? Get a tutor!!

    A tutor would be helpful if a beginner has no idea about trading. Since such a beginner will not have any bad trading practices, it is easy to mold him. A trader with a bit of experience will have some bad practices or the other and it is only his own determination that will help him to overcome...
  12. gkintl

    how traders feel to work in Forex trading after getting loss?

    Mentally we should be well prepared to take in losses. It is the most difficult aspect of trading. Basically, humans try their best to refuse defeat or find a reason to escape. This crowd behavior reflects in trading as well. It takes a long time for a trader to overcome such a behavior. Every...
  13. gkintl

    Basics - Currency Trading

    In the initial stages one's forex trading career, stop loss will get triggered often even if the entry is right and in the direction of the primary price trend. It will really frustrate a beginner. However, once a beginner learns to place stop loss order in such a way that it does not get...
  14. gkintl

    Short Term - High Return Online Trading

    It is better to stick to forex trading or preferably even CFD trading with such a capital. Binary option business is still in a nascent stage. There are plenty of complaints regarding payment issues. There is no way to track or get back our hard earned money in case of a shut down. If still...
  15. gkintl

    The main purpose of trading forex

    Forex trading serves a multitude of purposes. Institution wise, it facilitates conversion of currency for multinational companies and other organizations. Personally, it provides freedom to a trader to select his own work timings. There is no limit in the quantum of money one can earn through...
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