michaelbai

Joined Oct 26, 2015

Posts: 32

Connections: 2

Experience: No Experience

Location: Taiwan

Profile

Bio

Michael Bai

Motto

Take Challenges Head On

Systems by michaelbai

Name

Gain

Drawdown

Performance

Wand $1k - USGFX Live1

Real

1:500

MetaTrader 4

+31.13%

17.45%

MOGA - Wand - $100

Demo

1:500

MetaTrader 4

+21.44%

3.73%

Recent Posts

ASIC leverage down

Yea, for complete newbies its best to start with some high regulated broker like NFA, ASIC, or FCA. Stay away from brokers with multiple regulators, stay away from tax havens, and stay away from offshore brokers. Those who have more experience can consider some of the offshore brokers, which at th...

1467

Jan 22, 2021 at 05:40

i need help.

do a bit more research. A goodplace to start is babypips.com and take their free little courses there. Start forrmt he begining and go painfully slow and absorb everrything until the end. then come back to this post.

2111

Oct 07, 2020 at 06:49

Overconfident

Confidence isn't the issue, its unjustified confidence and the actions made following. Some allow the arrogance of unjustified overconfidence to let them trade without a SL, trade without testing first the strategy, and so on. Ive met alot of traders in this industry, and the ones that usuall...

3343

Oct 07, 2020 at 06:31

Forex and its earning

Depends where you are from, what kind of offers you want/dont want, and level of "unknown" risks you are willing to accept. Understand how regulators work in the international environment is a big step. Some dont offer protection for citizens/residents outside the regulating country, som...

6434

May 02, 2018 at 14:42

michaelbai's Reviews

Brokers

Hey everyone I work here at USGFX and have been here around 5 years. I have seen countless times when the broker has done positive things for clients which other brokers wouldn't and don't. I've tried other brokers, and I am confident that atleast me and my sales team at USGFX offer a ...

Oct 30, 2019 at 08:28

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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.

EURUSD	1.15757	GBPUSD	1.31405	AUDUSD	0.64977
USDJPY	155.585	USDCAD	1.39956	USDCHF	0.79946