Search results

Every trader can lose at anytime; however, the matter is letting profit run and achieving long-term success, and therefore traders don't need to care about losses (if it can be limited).

I prefer brokers which are regulated by CFTC and NFA (US). After what they did with "most trusted broker in Europe" FXDD, I now completely trust the way they work.

10.11.13 - Analysis and Forecast Though GBPUSD rebounds from yesterday low 1.5914 and it's currently trading at 1.5990, I still remain bearish this pair. Looking at 4H chart, we see GBPUSD is moving on downward channel and testing SMA-20, Stoch shows overbought condition Daily resistance is...

I don't agree with you. Although few traders became successful because of timing market, it's still controversial and we cannot say it's important. For example, we're bullish US dollar because we believe US economy will be stronger in future; however, we are not able to know that how long it...

This depends on what we want and indeed it is not necessary. I just want to say that if everyone could take advantage of free sources, there would be no loser in FX market. :). Have you ever questioned yourself that why there are still so many losers (70% - 90%) but there are a lot of free...

Full-time trading is not really recommended since trading like that is not effective. Most investors don't have time to watch market on daily basis, so they plan for long-term (months or years) and will take profit after periods. Newbies should learn from them: less trading but more efficiently

10.10.13 - Analysis and Forecast This pair has been the worst performer since last week, plummeted from high 1.62 and it's now trading at 1.593. However, it still consolidate on upward channel as we can see. This is caused by both GBP (overbought) and USD (oversold). Therefore, uptrend still...

10.10.13 - Analysis and Forecast It seems no changes after mix data, employment rate decreases by 0.2%, better than expected, but only 9,100 jobs were added, missed forecast 15,000 jobs. AUDUSD declined to daily low 0.9389 but then backed to 0.9432 Market momentum appears to be fine through...

What do you really know about these brokers to say so?:( Here, I'll tell you, these brokers (dealers) WANT THEIR CLIENTS TO LOSE MONEY. You should open an account in some broker and you'll know supporter of that broker will often call you to urge you to deposit money. This is because your...

This is what I read in Bloomberg: Profit doesn't show how professional traders because it depends on their strategies to win. Well everything always has both advantages and disadvantages, copy-cats don't need to analyze market but they must know who are great to copy.

We always talk about emotions that are harmful but in fact, market is controlled by them. Warren Buffett is famous for his band-wagon effect: "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

Any payment processor that is related to HYIP is never trusted because you never know where they are from as they are always anonymous. Therefore, they can steal your money whenever they want.

Patience is very important but not to scalpers and thus being patient is the mistake in this case. Scalpers never plan for long term and they need to exit as soon as possible or they will face huge losses, soon ! I don't tell you what I think but rather what I saw. I guess you never see...

I think most professional scalpers take higher risk than others as they only aim to enter and exit in seconds or minutes but also bring back huge earnings. Why scalp? It is because scalpers don't have long-term views or they cannot as market sometimes is unpredictable. In my the past, I thought...

I'm sorry for my post (no. 387) that contains false information. :( EGOPAY accepts clients world-wide.

I'm sorry as you were right. If you want US version, it's fxdd.com/us(instead fxdd.com/mt), of course its headquarter is in NY (US) and therefore regulated by NFA and CTFC. By the way, It's just only 2 pips :D. I always encountered this situation when I traded in InstaForex. This could be the...

You may not understand this. This is not about terms and policies, this is about suspect or genuine activity. Whether broker is regulated or not, it is not related to strictness. People feel safe when broker they are working is regulated as there is less likely that broker is fraudulent.

EGOPAY doesn't accept U.S residents and hence it cannot be shutdown by U.S Government and anything else as I really don't know where it is from.

I don't get that information from DCP, I mean here: About FXDD - Globally Regulated. FXDD is not regulated by CFTC and NFA, and by the way, its headquarters is in Malta (EU), not New York (US), you can read it here: About FXDD - About Us In the past, I actually didn't care awards from any...

Well, FXDD "Most trusted broker Europe 2012" by Global Banking and Finance. I used to believe in such awards but now those awards are more like jokes. :( This is quite weird as FXDD is not regulated by CFTC and NFA, why was it fined by those organizations? :confused: