• 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 .

Search results

  1. willy

    Do you suggest Forex the people who are under 18 years old?

    but i think my friend when the student who is under 18 years old can learn the basics of forex in the free time or in the holidays when he will be free without studying but also i agree with you it is very important to make focus on studying before learn forex
  2. willy

    Full time and part time Forex trader.

    now i still trading with part time depending on the pending orders at the middle of the night when the new day of trading start and i start at this time to put my pending orders but i am planning to start trading with full time trading
  3. willy

    what is the best time of trade??

    i think the best session to trade is when the london market open and the best working days in my opinion is thurseday and the worst day of working with forex which most of professional traders advice not to trade with it is friday
  4. willy

    How do you reduce loss in forex trading?

    all these problems like reduce loss and avoid margin call and trading with low risky can happened if we learn very well and trade with trusted strategy therefore we must test our strategy before trading with real account even the all world say it is the greatest strategy we must test it before...
  5. willy

    What are your bad habits while trading forex?

    smoking is my worst habit while i am trading specially when i was trading with scalping because scalping making me so nervous and i must smoke with each trade even i open 20 trades in one hour but now i am trying to depend on the pending orders only to avoid this thing
  6. willy

    Should newbie use Pamm

    why not but they must making pamm with trusted and professional trader not just a trader making good money for one month and then make margin call and i think the best trader will be who is trading with long term like what i will do i will make pamm with my friend who is trading with long term...
  7. willy

    Trading with bonus money of own money?

    i think the best way to trade is depending on the bonus account like posts bonus in many brokers because trading with our own money can make for us many problems if we loss this money like what happened to my account yesterday when i loss all my account if this money was my own money i will not...
  8. willy

    Please share how to be successful in forex-trading

    it is very simple steps to write but i think very difficult to do it first thing you must learn the basics of forex very well and second thing you must open demo account to apply what you did learn with it and then test your strategy which you will trade with real account and then you can start...
  9. willy

    How Much Knowledge Do We Need?

    according to what you talking about knowledge the basics of forex is not enough to start trading with real account because we need to know the technical analysis and who can we predict the price with support and resistance and we need to know how to trade without making our emotions making...
  10. willy

    one strategy is better than using a lot of strategy

    i agree with you but some time we need plan b to use it depending on the condition of the market because some time the market move with the side way and our strategy is working just with the strong trend like broken trend strategy then it is better that we have another strategy for the side way...
  11. willy

    Some losses are part of Forex trading but continuous losing is a bad indication

    yes you are right because losses means we did some mistakes and these mistakes is the best teacher for us in trading with real account even if we are good traders we must learn from our mistakes not neglect it at any way and to avoid all these the demo account an solve this problem just test...
  12. willy

    low profit is better than a high profit

    i think you are talking here about low profits if we trade with low risky better than big profits if we trade with high risky yes of course it is but if we trade with low risky we needs big capital like trading with long term we must have no less than 1000$ in our account to be sure that we can...
  13. willy

    Hedging In Trading Forex (I)

    this way of trading needs high experience and if the market move with one side tend like going down trend then it will be very difficult to solve the hedge problem i know you will not loss your account but you need to follow the chart all the day to see when the price will make reverse with your...
  14. willy

    Searching for a good strategy

    try o learn the broken trend strategy and test it with demo account at least 3 months and then if you see the result and the strategy be trusted from you then try to trade with real account but do not forget the money management because it is very important to make your strategy or your plan success
  15. willy

    How much risk do you take on your trade

    my way of trading was if my account can load 60 pips loss then i will open the trade but now i will trade with this way if i have 100$ in my account then i will trade with each pip equal 10 cents and if i have 1000$ in my account then i will trade for each pip equal 1$
  16. willy

    What is the longest trade you have opened

    i think it was buy trade from the middle of the nigh till 10 am at morning this means 10 hours of trading and the result was making 200$ profits because i was trading with big lot i think it was 6 lots each pip equal 6 dollars and i get 33 pips at this day and i closed it and i was very happy at...
  17. willy

    Diversification beside forex as your goals in investment

    trading with long term is more safe than trading with short term like scalping and my friend is professional trader and he is trading just with long term and he is making good profits but this kind of investment or trading needs good capital not less than 1000$ to feel with your profits or to...
  18. willy

    Take low risk, earn low profit

    i think something is better than nothing this is my rule in trading therefore when we trade with small lot size we well decrease the risky but also decrease the profits but at the future we can reach to our target no matter 10000 or 20000$ this is depend on your capital but trading with low risk...
  19. willy

    Opening more than 20 traders per day

    no i do not this write way of trading when we open like 20 trades per day because this can make us very nervous added to the nervous and the high risky of the forex itself therefore i did not try to do that and also i will not try to do it
  20. willy

    What do you do while waiting to exit a trade

    oh this is fine question some times i am eating something or drink a cup of tea or just listening to my best music while i am waiting my trade to exit but most of my trades depending on the pending orders therefore i am just putting my pending orders and go to sleep or do anything else
Top