To really be able to discuss trading systems we need to get rid of some bad thinking that has crept into our lives. First, the reason they make demos is so you can have a good look at the system without revealing your financial situation to the government or anyone looking to sue someone. There is no difference in the way demos work and the way a real account works. Put those wonder systems on a demo account and let people see the trades and history. Without that, all graphs and claims are useless and all the squabbling is like a bunch of kids arguing in the school yard, 'my daddy is bigger than your daddy, he is not, OH Yea....'
If they don't show the trades and trade history, blow them off, they got something to hide and you don't want to be the person to find out what it was.
Someone asked about scalping, is it bad. Well the idea is OK but a system change can take out scalpers on the spot. A lot of brokers will not allow scalping as it is not a long term trading system. It is very labor intensive and requires more of the traders time. Is that Bad? It depends on the trader. Trading is a study of inertia, 'prices in motion tend to stay in motion unless acted on by another source'. Scalping is trades that only stay open a few pips. It is easier to call small movement because the prices momentum will usually carry it a small distance further. The longer the trade is held open the more opportunity for interference from outside sources. So scalping is not bad or good, it usually requires more work on behalf of the trader but the real question is ' Is it worth it? '.
Sure scalping is risky, it is not a long term source of income, but probably a source of duplicating a little amount one in a while, to feed a reasonable strategy account, then repeat, I may be wrong... I don't know for sure
Hey Jeff! The best thing about Forex trading is that you don't NEED to have time to spare, our brokerage firm sends you daily news to help you out..we're available 24/7 in case you need ANY help. And your aim of making a 'reasonable' monthly income is realistic and we can make it happen. The deposit of the 1000 USD you are willing to make is going to make a big difference with you. If you're interested, feel free to contact me, and we can take this further. It could be a start of something great for you.
Jeff_fx posted: Hi. I have just signed up to your community after browsing it and I really like it. I hope you can help me to start forex.
I'm interested in trying forex given that: 1- I don't have enough experience or time, so looking to find a reputable company to manage my account or a trusted robot to do the thing. 2- I'm not looking of course to make a million out of 1000 USD in a year, looking at reasonable monthly income with reasonable risk. 3- I prefer a broker who can offer me a debit card (visa/master) to withdraw profits and use at ATM and POS 3- My main problem is that when I research a broker, a manager, a robot or whatever I get tons of conflicting info either on the web or from the brokers themselves. For example one famous broker had on their website that they offer debit cards, but when I emailed them they replied to me they don't offer debit cards!)
I feel lost in forest... ooops forex I mean.
Can you help me guys what should I do, or give me your experience.
When trading, there is a lot to be aware of and a lot to do with each trade. The more that you can automate, the less confusion you will have and the easier it is to do actual trading. I have gotten to the point where my trading emotion is boredom. Almost everything is automated. But the trade off is that my robots only make .75 percent per month on one and 1.75% per month on the other. My third one should make around 3 percent a month when its ready.
Success comes in small packages. If you can be patient, you can be a successful trader.
My advice, pay for training, its cheaper than paying for mistakes.
고위험 경고: 외환 거래는 모든 투자자에게 적합하지 않을 수 있는 높은 수준의 위험을 수반합니다.
레버리지는 추가적인 위험 및 손실 노출을 만듭니다. 외환 거래를 결정하기 전에 투자 목표, 경험 수준 및 위험 허용 오차를 신중하게 고려하십시오.
초기 투자의 일부 또는 전부를 잃을 수 있습니다. 잃을 여유가 없는 돈을 투자하지 마십시오. 외환 거래와 관련된 위험에 대해 스스로 교육하고 궁금한 점이 있으면 독립 금융 또는 세무사에게 조언을 구하십시오.
모든 데이터 및 정보는 정보 제공 목적으로만 있는 그대로 제공되며 거래 목적이나 조언을 위한 것이 아닙니다.
과거의 성과는 미래의 결과를 나타내는 것이 아닙니다.