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Read This Before Investing.

Kazile
May 19 2020 at 07:43
119 posts
The information is really very interesting for a general understanding of the situation.

GeorgeBischof
Sep 02 2020 at 13:53
318 posts
Very useful information for the new traders who want to do investment in the forex market. Thank you for giving this.

ElliotCooke
Oct 29 2020 at 17:51
341 posts
Thank you for sharing this. It will help the new traders to make their decisions easily.

AliaDare
Oct 30 2020 at 00:45
788 posts
Thank you so much for presenting these important parts to us. Every trader should know about this subject first.

Gracewilson1995
Oct 30 2020 at 04:12
147 posts
almfx posted:
Here I am going to give a good explanation of Investing.



1- Always check that Track Record Verified and Trading Privileges Verified. Those must have been ticked.
2- account must be real.
3- Checking the Broker:
3-1 Go to the Broker's website and first check its regulation, There must be their Regulation ID, Below you can see some of most reliable regulatory agencies links to check.

FCA - Financial Conduct Authority (United Kingdom) https://register.fca.org.uk/
NFA - The National Futures Association ( United states) https://www.nfa.futures.org/basicnet/
ASIC - Australian Securities and Investments Commission https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations

BaFIN - The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany) https://www.bafin.de/EN/
FINMA - Swiss Financial Market Supervisory Authority https://www.finma.ch/en/


* Deny any broker without regulation or one that has unreliable regulation . and never trust any result from them.

4- The account age must be older than 6 Months.
5- The account Must be updated.
* Maximum 12 hours not updated is normal according to myfxbook server refresh times.
* Sometimes The owner must update it manually Because of server traffics.
6- The account must be traded in the past month.
7 - Checking Martingale or Grid, as this kind of systems puts you at risk
7-1 First check its trading history , try to identify its pattern.
* This is the most important identification tool.
7-2 If trading history is not public simply ask the owner to make it public to check.
7-3 Check Win ratio . as Most of martingale and Grid systems have low win ratio,
* But they can cheat it by opening several small lots and close em in profit to increase the win ratio.
7-4 Check summary, Negative pips and earnings means probably its a martingale .
* you must check at least three pairs.
8 - Risk Management , always check its Maximum Drawdown and choose what risk level is appropriate for you.

thank you for sharing the amazing information that too in detail. It will help a thousand of traders including the new and the old.

Robert (Robert647373)
Oct 30 2020 at 09:28
95 posts
Good advice. But with brokers, this is not the case. A regulated broker means that this broker pays a lot of money to be considered regulated and attract more clients. An important condition for a broker is the timely withdrawal of your funds, at your first request. It is very important.

Josuvaphilip
Nov 23 2020 at 06:57
27 posts
For anyone who is at the beginner or intermediate level, this information is a must-read.

EbonyJones
Nov 23 2020 at 20:58
232 posts
Very informative post. It will help a lot of new traders to make their decisions easily and calmly.

Jim_B
Jan 13 2021 at 11:52
24 posts
CraigMcG2020
Jan 14 2021 at 12:40
306 posts
almfx posted:
Here I am going to give a good explanation of Investing.



1- Always check that Track Record Verified and Trading Privileges Verified. Those must have been ticked.
2- account must be real.
3- Checking the Broker:
3-1 Go to the Broker's website and first check its regulation, There must be their Regulation ID, Below you can see some of most reliable regulatory agencies links to check.

FCA - Financial Conduct Authority (United Kingdom) https://register.fca.org.uk/
NFA - The National Futures Association ( United states) https://www.nfa.futures.org/basicnet/
ASIC - Australian Securities and Investments Commission https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations

BaFIN - The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany) https://www.bafin.de/EN/
FINMA - Swiss Financial Market Supervisory Authority https://www.finma.ch/en/


* Deny any broker without regulation or one that has unreliable regulation . and never trust any result from them.

4- The account age must be older than 6 Months.
5- The account Must be updated.
* Maximum 12 hours not updated is normal according to myfxbook server refresh times.
* Sometimes The owner must update it manually Because of server traffics.
6- The account must be traded in the past month.
7 - Checking Martingale or Grid, as this kind of systems puts you at risk
7-1 First check its trading history , try to identify its pattern.
* This is the most important identification tool.
7-2 If trading history is not public simply ask the owner to make it public to check.
7-3 Check Win ratio . as Most of martingale and Grid systems have low win ratio,
* But they can cheat it by opening several small lots and close em in profit to increase the win ratio.
7-4 Check summary, Negative pips and earnings means probably its a martingale .
* you must check at least three pairs.
8 - Risk Management , always check its Maximum Drawdown and choose what risk level is appropriate for you.




Really nice post, thank you

almfx
Jan 19 2021 at 10:23
251 posts
Dear Traders:

Finally, my comprehensive robot to control your trading account was prepared. I hope this product will improve your trading experience a bit
This is a completely free product, Please share your comments and suggestions with me privately , I will check and make the necessary changes.

*Note: Please check all parameters in Inputs section before start.

LyudmilLukanov
Jun 05 2021 at 12:25
795 posts
True. After all, it is a risky market. There are high possibilities to lose money.

RobSchiz
Nov 03 2021 at 20:46
567 posts
LyudmilLukanov posted:
True. After all, it is a risky market. There are high possibilities to lose money.

Yes. Losing money is a common thing in this market.

RobertFerrari
Dec 24 2021 at 18:17
373 posts
almfx posted:
Dear Traders:

Finally, my comprehensive robot to control your trading account was prepared. I hope this product will improve your trading experience a bit
This is a completely free product, Please share your comments and suggestions with me privately , I will check and make the necessary changes.

*Note: Please check all parameters in Inputs section before start.

Yes. every trader should be very sure before entering into this market.

asparagusmd
Feb 28 at 15:00
9 posts
This is good advice but are their any traders left to follow after using all the criteria?

almfx
Feb 28 at 15:04
251 posts
asparagusmd posted:
This is good advice but are their any traders left to follow after using all the criteria?

It's really hard to find an trader that has all of these conditions, but it has been even harder to get the money you want to invest in.

almfx
Mar 01 at 03:26
251 posts
A serious recommendation;

If you are interested in a trading system, just check the bio-profile section, or if you want to correspond with the owner via myfxbook direct message , be sure to check the profile carefully, Many scammers use the similar profile name and they do comment in discussion and feed pages.

skihav
Mar 01 at 12:08
801 posts
You really need to be ready to invest. You need to understand that this requires knowledge and preparation.

LeoGM
Mar 01 at 14:50
45 posts
almfx posted:
Here I am going to give a good explanation of Investing.



1- Always check that Track Record Verified and Trading Privileges Verified. Those must have been ticked.
2- account must be real.
3- Checking the Broker:
3-1 Go to the Broker's website and first check its regulation, There must be their Regulation ID, Below you can see some of most reliable regulatory agencies links to check.

FCA - Financial Conduct Authority (United Kingdom) https://register.fca.org.uk/
NFA - The National Futures Association ( United states) https://www.nfa.futures.org/basicnet/
ASIC - Australian Securities and Investments Commission https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations

BaFIN - The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany) https://www.bafin.de/EN/
FINMA - Swiss Financial Market Supervisory Authority https://www.finma.ch/en/


* Deny any broker without regulation or one that has unreliable regulation . and never trust any result from them.

4- The account age must be older than 6 Months.
5- The account Must be updated.
* Maximum 12 hours not updated is normal according to myfxbook server refresh times.
* Sometimes The owner must update it manually Because of server traffics.
6- The account must be traded in the past month.
7 - Checking Martingale or Grid, as this kind of systems puts you at risk
7-1 First check its trading history , try to identify its pattern.
* This is the most important identification tool.
7-2 If trading history is not public simply ask the owner to make it public to check.
7-3 Check Win ratio . as Most of martingale and Grid systems have low win ratio,
* But they can cheat it by opening several small lots and close em in profit to increase the win ratio.
7-4 Check summary, Negative pips and earnings means probably its a martingale .
* you must check at least three pairs.
8 - Risk Management , always check its Maximum Drawdown and choose what risk level is appropriate for you.



The summary: always try to learn 1st! There is no way to make money here in trading without proper trading knowledge! In addition, try to follow a restricted money management plan, don’t behave like an aggressive Forex traders!

almfx
Mar 01 at 15:01
251 posts
LeoGM posted:
almfx posted:
Here I am going to give a good explanation of Investing.



1- Always check that Track Record Verified and Trading Privileges Verified. Those must have been ticked.
2- account must be real.
3- Checking the Broker:
3-1 Go to the Broker's website and first check its regulation, There must be their Regulation ID, Below you can see some of most reliable regulatory agencies links to check.

FCA - Financial Conduct Authority (United Kingdom) https://register.fca.org.uk/
NFA - The National Futures Association ( United states) https://www.nfa.futures.org/basicnet/
ASIC - Australian Securities and Investments Commission https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations

BaFIN - The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany) https://www.bafin.de/EN/
FINMA - Swiss Financial Market Supervisory Authority https://www.finma.ch/en/


* Deny any broker without regulation or one that has unreliable regulation . and never trust any result from them.

4- The account age must be older than 6 Months.
5- The account Must be updated.
* Maximum 12 hours not updated is normal according to myfxbook server refresh times.
* Sometimes The owner must update it manually Because of server traffics.
6- The account must be traded in the past month.
7 - Checking Martingale or Grid, as this kind of systems puts you at risk
7-1 First check its trading history , try to identify its pattern.
* This is the most important identification tool.
7-2 If trading history is not public simply ask the owner to make it public to check.
7-3 Check Win ratio . as Most of martingale and Grid systems have low win ratio,
* But they can cheat it by opening several small lots and close em in profit to increase the win ratio.
7-4 Check summary, Negative pips and earnings means probably its a martingale .
* you must check at least three pairs.
8 - Risk Management , always check its Maximum Drawdown and choose what risk level is appropriate for you.



The summary: always try to learn 1st! There is no way to make money here in trading without proper trading knowledge! In addition, try to follow a restricted money management plan, don’t behave like an aggressive Forex traders!


A thorough understanding of this market is the most important thing,.


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