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hi. I'm new to forex trading.
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RahmanSL

Membre depuis May 08, 2010  8 messages RahmanSL Jul 25 2010 at 12:08
For Traders who have a strong urge to deposit your money without any hope of seeing them again, just send them to me and I can absolutely guarantee that you will not see them again.
All others, read, learn, understand, and than read some more, do lots of Demo or some Live micro (<usd50) accounts, than read and learn some more...for at least 1 year...and than you might consider going into the Forex Trading with your spar usd5k> Live trading account.
NEVER EVER borrow money or play with money you CANNOT AFFORD to loss...You ABSOLUTELY WILL get yourself into trouble if you depend on making money from money which you don't have or cannot afford to loss in the first place...and lossing in Forex trading IS A FACT OF LIFE and HAPPEN to ALL TRADERS!

Garth

Membre depuis Jul 30, 2010  1 messages Garth Jul 30 2010 at 11:28 (édité à Jul 30 2010 at 11:30 )
Hi Mate

It's indeed a good joke. Yes I am planning to invest in Forex markert and i am new entrant into this filed.Please suggest your points regarding trading.


<a href='www.squaredfinancial.com/'>Forex platform</a>

Falcon1279

Membre depuis Jul 18, 2010  26 messages Falcon1279 (Falcon1279) Jul 30 2010 at 17:04 (édité à Jul 30 2010 at 17:16 )
If you are new to Forex and going to trade manually:

1. Trade on demo first. Lots and lots of demo until you see consistence profit.
2. Before depositing any money with any broker make sure they don't scam or steal from you. For research you can go to http://www.myfxbook.com/reviews/brokers/ and www.forexpeacearmy.com
3. Go small! use micro account or very small lot.
4. Learn and improve from communities of traders, what work and what don't. You can go to www.babypips.com, www.forex-tsd.com, www.forexfactory.com and google to find tons more.

Sound very conservative? Fact is 95% or more traders are loser so its just as good as casino. If you are new you have a lot to learn.

If you are going to invest with EA or money manager:

1. Find out track record, longer the better. If they only showing you just demo account don't rush to invest just yet. Until a single proof of real account don't even risk it.
2. Find broker some broker are just complete scam you can make 100% every night, but you won't be able to withdraw. Make sure you research on broker before invest with them.
3. When analyzing track record look at drawdown as well as profit. Consistence low drawdown will get your account a long way.
4. Use conservative setting first.
5. If its look too good to be true have lots and lots of questions.

Good luck!

Be open mind, we can learn so much more.
winsor

Membre depuis Jun 23, 2010  302 messages Winsor Hoang () (winsor) Jul 30 2010 at 18:03
My recommendation - if you are a new trader, don't start! Trading is very challenging, and you will not be profitable for at least five years. If you plan to commit yourself to trading then prepare to spend some $$$. Find someone that is profitable at trading, ask for one on one coaching. There are a lot of Forex forums out there but 95% of traders are losing and most traders participate in these forums. Do you really want to learn trading from these traders through the forums?

eiyibilgin

Membre depuis Apr 06, 2010  44 messages eiyibilgin Aug 11 2010 at 12:57
Hello,
You can try the ea which I use 17.2% profit for 1 month. Here is the address: http://www.myfxbook.com/portfolio/profidroid-1/42092
Try it demo account. If you are interested in this ea I will give you the ea. Good luck.

stevetrade

Membre depuis Oct 28, 2009  1314 messages Steve B (stevetrade) Aug 11 2010 at 12:59

eiyibilgin posted:
    Hello,
You can try the ea which I use 17.2% profit for 1 month. Here is the address: http://www.myfxbook.com/portfolio/profidroid-1/42092
Try it demo account. If you are interested in this ea I will give you the ea. Good luck.


Be advised though, this is a martingale EA

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
ForexSeeker

Membre depuis Apr 20, 2010  812 messages DoubleTrap (ForexSeeker) Aug 11 2010 at 13:12
Good, I love martingale, but I don't have 150k USD. Do you have some EA that work on $500 ?

Information is Gold when come to organised.
stevetrade

Membre depuis Oct 28, 2009  1314 messages Steve B (stevetrade) Aug 11 2010 at 13:14
Wow, you'd really risk $150k on a martingale? You have seen the large accounts on here that wiped during the Greek banking crisis haven't you?


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
ForexSeeker

Membre depuis Apr 20, 2010  812 messages DoubleTrap (ForexSeeker) Aug 11 2010 at 13:20 (édité à Aug 11 2010 at 13:21 )
Which larger account ?? Greek banking crisis on May ?

Mine 150k Acc gain more in May as the market crazy shoot up and down.

http://www.myfxbook.com/members/ForexSeeker/ultimate-interest/29533

Information is Gold when come to organised.
stevetrade

Membre depuis Oct 28, 2009  1314 messages Steve B (stevetrade) Aug 11 2010 at 13:30
Lovely demo account.

This is how some live accounts performed.

http://www.myfxbook.com/members/forex_rob

You need to realise that what happens in a demo account is not what happens in the real world.

In the real world, you don't get filled or you get slipped or your broker decides to margin call you, or your platform crashes or it disconnects you or you panic like hell because it's real money and it's your life savings and the wife is going to kill you or 101 other reasons.

Yes, I'm sure that there are some martingales out there that survive but advocating them for someone trying to learn about trading is in my honest opinion downright irresponsible.





11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
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