Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Investing in Forex
Previous 1 2 3 4 5 6 .. 9 Next
olivia_jones

Member Since Sep 15, 2016  24 posts olivia_jones Jul 26 2018 at 10:23
Investing in Forex is a tricky business.. as all the fellow traders mentioned earlier it's not all about analyzing charts and markets, it also needs emotional intelligence which controls the feelings of greed and fear.. inculcate rational decision making in the trader.. discipline and practice and sticking to the strategy that gives you consistent results.

Szabolcs1985

Member Since Jul 26, 2018  9 posts Szabolcs1985 Jul 26 2018 at 11:27
That is why I like using EAs and trading systems. No need for the emotions and I can let them do their thing. There are a lit of bad EAs out there but if you do your research then you can find some good ones

Adribaasmet

Member Since Aug 27, 2017  645 posts Adribaasmet Jul 29 2018 at 05:43
Szabolcs1985 posted:
That is why I like using EAs and trading systems. No need for the emotions and I can let them do their thing. There are a lit of bad EAs out there but if you do your research then you can find some good ones


Trading system is my best choice (manually); on the other hand, I have such a bad experience on EA based trading.

davidwatson

Member Since Jul 27, 2018  16 posts davidwatson Jul 29 2018 at 05:52
Sad thing is that scammers exist everywhere, but no doubt there are few who are true and reliable. You must do a well research before you start trading an account with them.

What's forex looks like? Forex is like a big daddy of all other instruments, I guess.

Adribaasmet

Member Since Aug 27, 2017  645 posts Adribaasmet Jul 29 2018 at 14:41
davidwatson posted:
Sad thing is that scammers exist everywhere, but no doubt there are few who are true and reliable. You must do a well research before you start trading an account with them.

What's forex looks like? Forex is like a big daddy of all other instruments, I guess.


Yes, till now enough numbers of broker are available; but the scammers are too cheap, so now traders take their service too willingly.

camielle

Member Since Jul 23, 2018  2 posts camielle Jul 30 2018 at 05:54
Straycat posted:
So are you in favour of Forex trading or not. I don't really like the sound of an endless rollercoaster ride. how do you make it calmer?


I am a victim of a binary scam. I got burned by a bogus broker recently, it was difficult to get a withdrawal after several attempts. I had to hire a recovery company to get my money back.

Adribaasmet

Member Since Aug 27, 2017  645 posts Adribaasmet Aug 01 2018 at 06:29
camielle posted:
Straycat posted:
So are you in favour of Forex trading or not. I don't really like the sound of an endless rollercoaster ride. how do you make it calmer?


I am a victim of a binary scam. I got burned by a bogus broker recently, it was difficult to get a withdrawal after several attempts. I had to hire a recovery company to get my money back.


Oh; I am sad but not surprised because I see so many common posts by many traders!

balticrain

Member Since Aug 01, 2018  11 posts balticrain Aug 02 2018 at 06:09
binary is a real problem area. It is totally unregulated. it is a shame because options trading can be very interesting

BluePanther

Member Since Jan 25, 2010  1235 posts Matt (BluePanther) Aug 03 2018 at 07:21
The scamsters that created HYIPs (High Yield Investment Programs) moved from Binary Options to cryptocurrencies:

As binary options shuts down, some ex-operatives turn to cryptocurrency (4 Dec, 2017)
https://www.timesofisrael.com/as-binary-options-shuts-down-some-ex-operatives-turn-to-cryptocurrency/

BluePanther

Member Since Jan 25, 2010  1235 posts Matt (BluePanther) Aug 03 2018 at 07:22
[can't edit my last post]

Stick to basic Forex.

Don't touch HYIPs, BOs, or crypto. They are all scams.

Previous 1 2 3 4 5 6 .. 9 Next
Commonwealth Bank Manufacturing PMI (14h 16min)
Saudi ForeignMin: If attack launched fro...(23 min ago)
EURUSD 1.1019 GBPUSD 1.24675
USDJPY 107.551 USDCAD 1.32646

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2019 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.