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DCP haven't ever made any review, all the review you see were written by someone, not DCP. Just like you, I trusted regulated broker just like InstaForex (regulated IFSC). There is something wrong with it. According to InstaForex, it is ECN broker but it is actually market maker (dealer) and...

Insufficient capital ? I'm not sure but I think it is not important. If you are talking about turn 10$ to 1,000$, it's greed, not this. Most of traders who seek no-deposit bonus money everyday are greedy traders, I used to be one of them but I couldn't do what they did. Visiting FBS broker...

If you don't intend to spend that profit on something, you should let it there. But if you feel that earning is enough, you can withdraw all profit. This is not matter as you should better deposit more money than waiting for capital growing. It is because your capital averagely increases by 10%...

I think just only one payment processor is enough unless I am not forced to need more than one. Indeed, I'm interested in Skrill but not many people are same as me, they either like Paypal or PM, so I have to use Paypal.

EGOPAY will be still there because it's out of US. I'm not sure about Payza. Anyways, those such payment processors will last for long because people are always interested in low fees and low restriction.

Have your ever heard BK Asset Management? You should search it on Google and you will know what I want to say. Not many professional traders are willing to share their ideas because we know that NO LOSERS, NO MONEY. Therefore, that's why you will pay money to know what they know. But I'm not...

This is my opinion. We see that the US data in last Friday were mixed, Unemployment rate fall from 7.4% to 7.3% and Non-farm payrolls was worse than expected, only 169K jobs were created while analysts expected 180K - 200K. This has been raising the uncertainty about Fed could cut its massive...

When I still used technical indicators, they were often MA, momentum indicators and Bollinger band. I agree that it worked for me in the past but at this time, I am trying to change my approach (no more looking at chart).

Fifth digit is NOT pips. For easy understanding, let's take this as example, you buy EURUSD at 1.30000 and it is now 1.30502, and thus your current P/L pips is (1.30502 - 1.30000)*10000 = 50.2 pips I want to emphasize that no matter your trading account supports 4 digits or 5 digits, pips is...

Well, the efficiency here is only that beginners can trade without spending money and that's all. It isn't very important as many people think.

I know what you meant and you meant emotion, didn't you? Well maybe you're almost right about this. We feel nothing when we lose in demo account but we're so angry if we lose only 0.1% in real account and I'm experience in this kind of emotion, I hope I'll pass it:)

I've already rethought about this and it seems you are right. There is no need to complicate trading because not only professional traders are able to profit in this business but also usual traders, like me:), can earn small amount of money. As long as traders are not greedy, they will stay longer.

I'm sorry to say this and please don't be angry with me. In fact, a lot of scalpers who earned such amount of pips per day are now big losers after gaining thousands percent profit, of course they have no money left. If you don't trust me, you can see them in Etoro. Anyway, I hope your friend...

A lot of novice traders often try to find the most simple way to learn trading. I think this is one of biggest mistakes of traders. We know that about 70% - 90% of traders lose their money, if learning is so easy why there are so many losers. We have to be realistic so that our trading...

08 - 08 - 2013 Analysis It seems there is nothing to stop its rally. Interest rate decreased and job cut can't stop Aussie from rising. AUDUSD rally is also caused by USD weakness. In daily chart, AUDUSD touched middle band (Bollinger Band 20-days), MACD and Momentum also reached the their...

08 - 08 - 2013 Analysis GBPUSD has got its momentum back since yesterday after announcement that BoE had adopted forward guidance and it was not going to increase Interest rate until employment rate fell below 7%. Market was first bearish GPB, GBPUSD declined from 1.5300 to 1.5204 and then...

Well you may be good enough to make 5 trades a day because I can't do it. My plan is to make only under 5 profitable trades a week and perhaps 100 pips is enough. Just like you, I used to believe in power of technical analysis and I did want to become a price action trader. After facing huge...

First, you should improve your knowledge because of your question about "RBA Interest rate decision" if you don't want to be price action trader. Second, I DON'T RECOMMEND YOU OR ANYONE TO IGNORE NEWS. Third, as I said, "trading on news release is very dangerous !"

You may be right ! That's the reason why minimum capital should be 1,000$ so 50$ a week is not bad at all. I have to say you this is Forex trading, NOT HYIP that promises huge returns.

08 - 07 - 2013 Analysis Market seems calm down before BoE Quarterly Inflation report and Mark Carney speaks at UK Parliament. As we can see in daily chart, GBPUSD has been locked between SSMA 70-days and SMA 100-days. A move above SSMA or be low SMA may be signal of change in global...