• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Recent content by Suresh

  1. Suresh

    Between Forex Trading and Stocks Trading

    Yes, you are right, that is why I sometimes trade CFDs on Stocks. I trade with IFC Markets, they provide 1:40 leverage for Stocks and I can trade even with little investment. Commission is charged only for position opening, 0.1% of the volume. I mostly trade stocks of Facebook, Apple and Google.
  2. Suresh

    What is the Demo account for you?

    Demo account is just a way to study Forex, its main principles, as well as to learn all the functions of the platform that you use. If you want to gain practice I think the best way is to invest a little money and trade on real account, only in case of real trading you feel all the thrill of...
  3. Suresh

    What to watch for when reading a forex book

    Yes, I also prefer reading books or tutorials, traditional and reliable method. This tutorial helped me greatly. Simple language, good illustrations and examples http://issuu.com/ifcmarkets/docs/ifcmarketsbook
  4. Suresh

    Trying to forecast forex rates is an acquired skill

    Yes, Forex market is based on predictions. Sometimes people ask me if I make this much deposit how much my profit will be. I am already tired of explaining them that no one can tell it exactly, you just need to predict. We distinguish two types of analysis: Fundamental analysis. Its principle...
  5. Suresh

    Between Forex Trading and Stocks Trading

    And have you ever tried Stock trading?
  6. Suresh

    The main purpose of trading forex

    I quite agree with you. Without education Forex becomes gambling. In my opinion Forex trading is equal to gaining a profession. It cannot be considered to be your main source of income, it's not reasonable. Forex should be additional income for you.
  7. Suresh

    If I have $1000, how should I trade it

    Hello, Daisy. Actually 1000USD is very optimal soluction, it's not so risky. So you can take 1:100 leverage and trade with 1 lot. I suggest you not trading with this 1 lot at once but divide it into little amounts, you can open a position with even 100 base currency. If you are not a risky...
  8. Suresh

    Forex has high job satisfaction or less

    Yes, by all means, Forex trading has a series of advantages over your main job. You do not have any boss, you are your own boss. You yourself decide when to start your trading and when to finish it, one day you can even miss your trading, today I do not have any mood to work. Here there are...
  9. Suresh

    Best place to set Stop Loss

    Stop-Loss can ba set both on market orders and on pending orders. I especially like when I put it on Pending Orders. In that way by pending order the terminal automatically opens a position and by Stop-Loss order automatically closes it. So these opportunities are very effective for me since I...
  10. Suresh

    Are you satisfied with your broker's service

    I am pleased with my broker mainly because they call me only when I request, not every day. Besides anytime I have any problem, I get quite detailed instructions from support managers. Live Chat support is also very effective, not only links but detailed explanation, as well. I am also pleased...
  11. Suresh

    Fear and greed

    When the market starts working in your favour, greed is growing, and when you realize that you are losing you start feeling fear. Both emotions are harmful for your Forex trading, it's better remain with cold head.
  12. Suresh

    What do you dislike most about your brokers

    I also dislike that annoying feature of brokers calling every day. As well, while I enter live chat I expect to get answers to all my questions, but in many brokers live chat what I have got was just a link without an explanation.
  13. Suresh

    Choosing the right broker

    I myself have always relied on me, on my intuition. I have tried with many many brokers, cause I am in this marker for already two years. Some of them I chose just by advice of a friend, some I have found by myself from some forums or other sites. Actually, I have come to a conclusion, that the...
  14. Suresh

    Between Forex Trading and Stocks Trading

    Do you mean what is the benefit of this leverage?
  15. Suresh

    Between Forex Trading and Stocks Trading

    From this point of view, CFD trading on Stocks is the best choice for those who do not have so much finance but want to enter Stock market. Here you can have an opportunity of even 1:40 leverage.
Top