• 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. Tom Latham

    What benefit as a trader

    I seem, the main advantage is here I can expect unlimited money! Such as, last month I made here 3040 pips although my trading capital is below 1K! In Forex, knowledge is our main investment! So, knowledgeable traders can earn huge amount of money without any bindings! Besides, Forex market...
  2. Tom Latham

    Low Spreads Broker

    Yes, I also need a live trading environment with low trading spread service! But I see, non-regulated Forex brokers are fraud, they don’t care their offers and feature! Most of the times, they increase their trading spread without any notice! So now I am working with a regulated broker which one...
  3. Tom Latham

    How much can we earn per day in forex trading?

    I have no extra pressure for my daily income because, I am trading with a specific monthly target only, not on daily and weekly target! I see, having daily trading target is a problem instead of trading opportunity! Generally, you’ll not get good entry points in everyday, that’s very logical...
  4. Tom Latham

    Do you feel forex is good business.

    Of course I am! I am sure, Forex trading business is the most useful money earning opportunity for the students! Frankly, I have no option to involve with others traditional job or business right now, but Forex is open for me! I do my live trading in my free time, and interestingly around the...
  5. Tom Latham

    Trading Instruments

    I am comfortable with all of major trading pairs although I use exotic pairs too! In my live account, I use half of trading lot size for using exotic trading instruments, and I use major trading pairs so willingly! Interestingly, my strategy produces more accuracy on major trading pairs! Yes, I...
  6. Tom Latham

    How to protect a small capital amount in forex?

    Please open a cent account if your trading capital is below 100$! In addition, don’t use high trading leverage here, you should focus on consistency rather than monthly percentage! Trading with a small trading capital is challenging but not impossible! My initial trading capital was only 300$...
  7. Tom Latham

    Fixed or Floating Spreads???

    Yes, I am also believe fixed trading spread service is much standard than floating trading spread! Basically, maximum market maker brokers are offering floating trading spread, in addition during volatile trading session they increase the size of trading spread! Besides I have seen almost all of...
  8. Tom Latham

    For forex strategy

    Absolutely, no one can success here without having a profitable trading strategy! Basically, I have more than 7 years trading experience and I have already used 10 different trading strategies, but from the 3rd month of 15 I have been using Price Action trading strategy, this is the most...
  9. Tom Latham

    Who should not trade forex

    If you are below 18, then please stay away from live trading! Because, you’ll be unable to control your emotions and greed after losing your real money! I see, almost all of successful Forex traders are 35+; but it’s true Forex is open for all! Yes, you can be a successful trader but be logical...
  10. Tom Latham

    Forex Trading: a Beginner's Guide

    Helpful post, but I don’t like to trade with a particular trading strategy or system! Because, I believe Forex is a decentralized market! So, it’s quite impossible to predict market trend status based on technical tools only! This is way, I use live technical and news analysis for faltering good...
  11. Tom Latham

    Have emotions ever saved your trade.

    Well, in my 1st week of live trading I traded emotionally, and I made almost 300% profit in the first 3 days of trading, but alas! I lost everything within just next 18 hours! Then I only used moving average and RSI trading indicator! I didn’t follow money management and risk management rules of...
  12. Tom Latham

    What is the Demo account for you?

    Demo is not only for the novice traders! Right now, I am using my live account but till now I am active on demo service! Why? For the reason that, to improve success ratio by my trading strategy! Right now I am working with 3 different trading strategies here! On the other hand, I used my demo...
  13. Tom Latham

    Did all professional traders started as newbie?

    Yes, they are! But, they were too much sincere in their demo trading account, as a result now they are making enough money but no reaction! I see, pro traders used their demo for a long time (obviously more than one year), but greedy Forex traders are opposite, they are too much hurry for live...
  14. Tom Latham

    What Make you to join forex Trading?

    Forex trading business is open for all class of people including the students! Actually, I seem Forex trading is the most appropriate way of money making for us! Right now, I use only 3-4 hours daily and I get enough money here! Yes, I do day trading and scalping trading style is my favorite...
  15. Tom Latham

    Why would I trade Forex?

    For financial freedom, actually Forex trading business is open for all and I get enough spaces here although I am a part time Forex trader! I use my laptop, mobile phone even tab device for my trading! I seem, Forex trading is the most standard way of money making, and interestingly there is no...
  16. Tom Latham

    What is the actual monthly return in forex?

    It’s all about profanity, so there is no specific answer! Traders make money here according to their own trading strength! Such as, expert Forex traders can make huge amount of money here so smoothly while low skilled Forex traders are struggling for making a low consistent profit, that’s the...
  17. Tom Latham

    Best place to set Stop Loss

    Set your stop loss position above 5-8 pips resistant level and below 508 pips support level! I am sure, this is the most secure way of using SL and TP tool for live trading! Yes, I follow this way and right now I am making regular money here! I don’t open my trade without proper analyzing on...
  18. Tom Latham

    Knowledge or Broker

    Well, you can’t compare your trading knowledge with your broker’s service! Yes both are important! But, selecting a good broker I mean reliable Forex broker is not hard job actually, you can manage a good trading platform automatically! But knowledge is a manual process, it’s very long time...
  19. Tom Latham

    What do you do to recover lose?

    I have no additional game plan for my losing trades, I just follow my trading plan so honestly! I don’t count my trading result whatever SL or TP! When I get a good entry point in order to my trading strategy then I use without considering my previous trading result! Even, I don’t increase my...
  20. Tom Latham

    why Forex is good than other business?

    You need huge money for arranging any traditional business but Forex is different, it’s a knowledge based business! You can start your live trading with only 1$, so low trading investment is acceptable here! Besides, this financial market is open for twenty four hours! So, anybody from anywhere...
Top