• 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. budado

    Is forex is gambling ?

    Is it gambling? May answer is its up to us. If our approach is base on chance and odds then the answer is yes. We are gambling in forex trading. but if its base on our analysis and our strategy then the answer is no. We are trading.
  2. budado

    Stop Loss & Take Profit

    First question we need to ask ourselves is this. Do we want to do day trading or weekly trading or monthly trading? Or much longer? If we want to do day trading then our SL and our TP must be computed base on daily volatility. If we are trading for longer term then our SL and TP must be computed...
  3. budado

    Prayer only works when you work

    And in the end we all going to belong to the 95% who end up losing in forex trading. Forex trading is all about skills and knowledge and we are not going to rely on luck and prayers in here. This is investments. Faith has nothing to do with forex trading. So if we want to become a successful...
  4. budado

    Newbie should not trade full time

    First what is part time and what is full time trading? Because if you read forex trading books theirs no such thing as part time and full time trader. Theirs only a day trader and a long term trader. Does it mean if you are a day trader you are full time trader? If you are long term trader you...
  5. budado

    How to control emotions while trading Forex?

    Its only a newbies experience. Try to keep on trading for three to six months straight and you will notice that you settle down already. I also have sleepless nights but after few months of trading and when I see that I started to make money some how I settle down some how and making profit each...
  6. budado

    Do Professional traders loose in forex?

    Professional trader do loss money in forex trading. But do they make mistake? I guess seldom. Losing does not automatically mean they make mistake. Forex market is unpredictable and the only way we can minimize our loses is to do analysis.
  7. budado

    EXNESS - EXNESS.com

    Got stop out again. lols. Total loss is 504 dollars. I will try to invest 100 dollars in here again if I have extra money. That's means I need to focus on reaching 604 trading capital in here in order to be breakeven.
  8. budado

    OANDA - OANDA.com

    Oanda does not accept paypal and creditcard deposit anymore. But they still accept paypal and creditcard withdrawals. I decided not to invest in here anymore. Although I do have five active trading accounts in here but my trading capital is just worth from 35 dollars to 70 dollars maximum on...
  9. budado

    Mayzus Investment Company - mayzus.com

    So have you invested in here and get 100% bonus? How much did you invest in here to get 100% bonus? ...... So far I do have two trading accounts in here. One is worth 826 dollars and the other one is worth 231 dollars. I am hoping that this month I can add another trading account and invest...
  10. budado

    OANDA - OANDA.com

    I now have five trading accounts with 50 dollars trading capital each. Since their a FIFO and no hedging rules. I end up having each individual account step up so that I can trade independently to each other. Its cost me more but some how its worth it also.
  11. budado

    can i make Forex my source of income ?

    On monthly basis I cashout 200 dollars a month profit and the rest of my profit I just keep it on my trading accounts and keep on building my trading accounts. My main goal is to have 100,000 dollars and cashout 5,000 dollars a month. But so far I only have 16,000 dollars so I am still far from...
  12. budado

    What amount of leverage do you guys use most of the time?

    I'm just wondering. With 100:1 leverage how much will you going to earn in here? And how much trading capital you need? Just imagine that you need to invest 100 dollars to have a dollar trading capital. I really don't know if theirs a forex brokerage that has that low leverage. In fact its a...
  13. budado

    What leverage is best

    Problem with that big leverage like 1:2000 is that you can have 500% free margin and just few pips movement you can end up getting stop out without you realizing it. At least if you have 1:50 leverage you can survive some how. I think in minimum lot size your 200% free margin can survive even if...
  14. budado

    Which trading should do?

    We don't. That's why we need to learn first before we expect to make profit in forex trading. Spend time in demo account then in real account but trade only using bonus funds. just invest money if you already making good using bonus funds. This is the only way we can minimize loses while...
  15. budado

    Prayer only works when you work

    Does praying really make a difference? I really don't think so. But mentally some how its help us relax. So if you think prayers can help then its good to pray. But for me what is important is I have good sleep and rest and can do accurate analysis and I will be earning good in forex trading...
  16. budado

    Alpari US - alpari-us.com

    This brokerage is greatly affected by loses in CHF and its loss too much money that it can't stay afloat. This brokerage is now close. I do hope that investors can still get back their money. this is one of the stable brokerage so I am totally surprise that its close down.
  17. budado

    Excel Markets - excelmarkets.com

    This forex brokerage just close down right now. So if you guys have investment in here I think its best that you invest in here now. The good thing about this brokerage is that its regulated so some how you can get back what remains to your investment in here.
  18. budado

    EXNESS - EXNESS.com

    I already reached 468 dollars yesterday and I make a mistake in lot size when I wake up I got stop out! I have 86 dollars left. I tried to do some scalping and I have two scalping trade with 10 pips profit each and that equal to 2 dollars profit. So I now have 88 dollars. but still that is very...
  19. budado

    How to choose a Forex broker?

    How much did you invest in FBS and what kind of account do you have in here? And how long are you trading in FBS already and how much profit you make? Because right now some how I end up getting some problem with my account right after I am making some money and after I am making some cashout.
  20. budado

    how can i be verified in paypal?

    So you mean paypal will going to deposit a money in your bank account and you check your bank account to get your account verified? What if I will just going to withdraw the money? lols. And no in US and Germany its does not have similar ways either. As I already send paypal support and ask...
Top