breakeven strategy
Uczestnik z Apr 10, 2016
2 postów
Feb 16, 2017 at 11:49
hello.My name is Ilgar. I am from Azerbaijan. i have a few knowledge about forex trading. I saw in internet there are many brokers that offers promotions - deposit bonuses , rebate programs, cashback programs and so on. I have a 10000 usd capital in my electronic wallet. I want to start to trade with these promotions .After reading terms of these promotions i understand that to earn additional money from these promotions i must to trade a lot of time and in worst case trade to breakeven. Is there any breakeven forex strategy that opens many positions in a day and that i can use to trade with these promotions ? Or it is not worth to participate in those promotions ? Please give me advice.Thanks.
Feb 16, 2017 at 13:08
Those promotions usually have a time limit for completing the required lots - creates you a psychological pressure to overtrade - you probably blow your 10k.
I'd say stay away from the promotion, and be very careful with such amount of money. Beginning traders almost ALWAYS wipe the account.
I'd say stay away from the promotion, and be very careful with such amount of money. Beginning traders almost ALWAYS wipe the account.
Uczestnik z Feb 22, 2011
4862 postów
Feb 16, 2017 at 14:47
ilqarsadiqov200 posted:
hello.My name is Ilgar. I am from Azerbaijan. i have a few knowledge about forex trading. I saw in internet there are many brokers that offers promotions - deposit bonuses , rebate programs, cashback programs and so on. I have a 10000 usd capital in my electronic wallet. I want to start to trade with these promotions .After reading terms of these promotions i understand that to earn additional money from these promotions i must to trade a lot of time and in worst case trade to breakeven. Is there any breakeven forex strategy that opens many positions in a day and that i can use to trade with these promotions ? Or it is not worth to participate in those promotions ? Please give me advice.Thanks.
@ilqarsadiqov200
The brokers offering the bonus are not stupid. They made the right calculation and simply put the amount of lots you would need to trade for withdrawal is not possible to reach. At the end you will trade just to get the bonus and this will lead to loosing the account. It might be better for you to find system that will bring you decent profit/ 10k is fine to start and it can bring you about $1000 each month. Also please do your research and dont buy anything without discussing it with someone more experienced
Uczestnik z Feb 12, 2016
522 postów
Feb 20, 2017 at 07:53
togr posted:ilqarsadiqov200 posted:
hello.My name is Ilgar. I am from Azerbaijan. i have a few knowledge about forex trading. I saw in internet there are many brokers that offers promotions - deposit bonuses , rebate programs, cashback programs and so on. I have a 10000 usd capital in my electronic wallet. I want to start to trade with these promotions .After reading terms of these promotions i understand that to earn additional money from these promotions i must to trade a lot of time and in worst case trade to breakeven. Is there any breakeven forex strategy that opens many positions in a day and that i can use to trade with these promotions ? Or it is not worth to participate in those promotions ? Please give me advice.Thanks.
@ilqarsadiqov200
The brokers offering the bonus are not stupid. They made the right calculation and simply put the amount of lots you would need to trade for withdrawal is not possible to reach. At the end you will trade just to get the bonus and this will lead to loosing the account. It might be better for you to find system that will bring you decent profit/ 10k is fine to start and it can bring you about $1000 each month. Also please do your research and dont buy anything without discussing it with someone more experienced
Hello,
I agree with vontogr@. Those bonuses are really tricky and the brokers offering them is aiming to attract you and then you will loose your money in attempts to cover their requirements for withdrawal the bonus.
There was a good period before, when brokers offering nice bonuses has been punished on very nice way :), but now most of them add with small letters that if you loose your money, they will cancel the bonus.
Bottom line: as an advise, do not open account with similar broker as they are 100% MM, or at least open a small account and set as a task for yourself to keep it at least the same and to get some experience. The rest will come with time :)
Uczestnik z Feb 22, 2011
4862 postów
Feb 20, 2017 at 07:54
BaldoN posted:togr posted:ilqarsadiqov200 posted:
hello.My name is Ilgar. I am from Azerbaijan. i have a few knowledge about forex trading. I saw in internet there are many brokers that offers promotions - deposit bonuses , rebate programs, cashback programs and so on. I have a 10000 usd capital in my electronic wallet. I want to start to trade with these promotions .After reading terms of these promotions i understand that to earn additional money from these promotions i must to trade a lot of time and in worst case trade to breakeven. Is there any breakeven forex strategy that opens many positions in a day and that i can use to trade with these promotions ? Or it is not worth to participate in those promotions ? Please give me advice.Thanks.
@ilqarsadiqov200
The brokers offering the bonus are not stupid. They made the right calculation and simply put the amount of lots you would need to trade for withdrawal is not possible to reach. At the end you will trade just to get the bonus and this will lead to loosing the account. It might be better for you to find system that will bring you decent profit/ 10k is fine to start and it can bring you about $1000 each month. Also please do your research and dont buy anything without discussing it with someone more experienced
Hello,
I agree with vontogr@. Those bonuses are really tricky and the brokers offering them is aiming to attract you and then you will loose your money in attempts to cover their requirements for withdrawal the bonus.
There was a good period before, when brokers offering nice bonuses has been punished on very nice way :), but now most of them add with small letters that if you loose your money, they will cancel the bonus.
Bottom line: as an advise, do not open account with similar broker as they are 100% MM, or at least open a small account and set as a task for yourself to keep it at least the same and to get some experience. The rest will come with time :)
Opening small account sounds like good idea
Feb 20, 2017 at 15:52
I agree with the advices above. In my early steps in trading I used to get attracted by such bonus promotions and wiped my account completely, then the broker never accepts any liability in such cases. The broker is covered but you are not. So be careful as such flashy things are not as good as they seem.
forex_trader_349609
Uczestnik z Aug 05, 2016
8 postów
Feb 21, 2017 at 07:45
The offer sounds too good to be true, nothing comes this easy, nothing comes this perfect. The investment is very good and if it is well managed can bring good profits, you should only have the appropriate information and know how to invest, and be very careful with the scammers, that the trade is undermined.
Being sure where you are going in this business is the most important thing.
Being sure where you are going in this business is the most important thing.
forex_trader_360967
Uczestnik z Sep 17, 2016
3 postów
Feb 21, 2017 at 08:11
With respect to the above messages, trade can provide benefits by enabling countries to exploit their comparative advantages, achieve greater economies of scale, and ensure competition, a wider range of products and potentially more stable markets and prices. There is not a single nation that can be considered self-sufficient and does not need the competition and support to have more profit, but still have to be aware of what kind of promotions they use to market and not reach the end of the promotion and not get nothing
Uczestnik z Feb 22, 2011
4862 postów
Feb 21, 2017 at 08:21
manolojuan posted:while trade indeed brings prosperity to both counterparts
With respect to the above messages, trade can provide benefits by enabling countries to exploit their comparative advantages, achieve greater economies of scale, and ensure competition, a wider range of products and potentially more stable markets and prices. There is not a single nation that can be considered self-sufficient and does not need the competition and support to have more profit, but still have to be aware of what kind of promotions they use to market and not reach the end of the promotion and not get nothing
trading is something completely different as the opposite side will loose
forex_trader_350130
Uczestnik z Aug 07, 2016
10 postów
Feb 21, 2017 at 15:39
while trade indeed brings prosperity to both counterparts
trading is something completely different as the opposite side will loose
Of course, trading is based on speculation about the value of currencies, based on the exchange patterns of a country's currencies to make its decisions.
I believe that with the Forex market (and politics) it can lead a country to bankruptcy ...
trading is something completely different as the opposite side will loose
Of course, trading is based on speculation about the value of currencies, based on the exchange patterns of a country's currencies to make its decisions.
I believe that with the Forex market (and politics) it can lead a country to bankruptcy ...
forex_trader_372845
Uczestnik z Oct 31, 2016
36 postów
Feb 23, 2017 at 09:16
Of course, trading is based on speculation about the value of currencies, based on the exchange patterns of a country's currencies to make its decisions.
I believe that with the Forex market (and politics) it can lead a country to bankruptcy ...
If for a country to go bankrupt there have to be different economic, political and other factors, which having a trade deficit, inflation, interest rate differences that can affect monetary policy and change the country or its economic fundamentals.
I believe that with the Forex market (and politics) it can lead a country to bankruptcy ...
If for a country to go bankrupt there have to be different economic, political and other factors, which having a trade deficit, inflation, interest rate differences that can affect monetary policy and change the country or its economic fundamentals.
forex_trader_373781
Uczestnik z Nov 03, 2016
20 postów
Feb 28, 2017 at 07:57
Good trading strategies to benefit from
Currency is; To benefit immediately after the break-even point adopting a strategy where in the accounting result immediately after the breakeven point. Do not wait for bigger profits. Although the benefits are fewer in number, more number of these trades would provide good profit for the day.
Currency is; To benefit immediately after the break-even point adopting a strategy where in the accounting result immediately after the breakeven point. Do not wait for bigger profits. Although the benefits are fewer in number, more number of these trades would provide good profit for the day.
forex_trader_384200
Uczestnik z Dec 13, 2016
9 postów
Feb 28, 2017 at 14:59
fellipefx posted:
Good trading strategies to benefit from
Currency is; To benefit immediately after the break-even point adopting a strategy where in the accounting result immediately after the breakeven point. Do not wait for bigger profits. Although the benefits are fewer in number, more number of these trades would provide good profit for the day.
I think there is a problem with the translator or I do not understand at all what you just said.
forex_trader_373781
Uczestnik z Nov 03, 2016
20 postów
Feb 28, 2017 at 17:53
vellkan posted:fellipefx posted:
Good trading strategies to benefit from
Currency is; To benefit immediately after the break-even point adopting a strategy where in the accounting result immediately after the breakeven point. Do not wait for bigger profits. Although the benefits are fewer in number, more number of these trades would provide good profit for the day.
I think there is a problem with the translator or I do not understand at all what you just said.
Sorry..
I meant to say that today there are many forex trading brokers that offer trading platforms like iforex.com, forextrading.com, easy forex.com among others.
Within them, there are six good trading strategies to benefit from currency trading, which is one of the best investment option in my opinion.
1. Go short after a quick upward movement.
2. Benefit immediately after break-even
3. Choose timing appropriate for trade
4. Feelings Day
5. Adopt a strict Stop-Loss strategy
In conclusion take a notebook and start trading currency 'on paper' before making any investment. Once you are familiar and you know the level of risk tolerance, you can start direct investment in currency trading and make profits. This is one of the best and good investment option that one can look for.
forex_trader_372845
Uczestnik z Oct 31, 2016
36 postów
Mar 01, 2017 at 00:21
There is no doubt that investing in the movements of the markets and variations in the value of foreign exchange is a great business opportunity. However, it is important to know where to invest and especially how to do it. When it comes to trading it is interesting to have a good trading platform or online broker. Using these types of traders can be a great help in getting started in the forex market.
forex_trader_388839
Uczestnik z Jan 02, 2017
10 postów
Mar 22, 2017 at 07:31
The world of trading and investment can be frustrating, but also rewarding!
However, beware Forex brokers calculate that 90% of traders lose money, 5% are at their break-even point and only 5% are able to make profits in the currency market!
However, beware Forex brokers calculate that 90% of traders lose money, 5% are at their break-even point and only 5% are able to make profits in the currency market!
forex_trader_387595
Uczestnik z Dec 27, 2016
14 postów
Mar 23, 2017 at 07:34
My advice: don't even think of trading with real money until you have a proven strategy with an edge, which you're confident of trading successfully; instead, trade on a demo account until you've collated the results of a minimum of 300 consecutive trades without showing a net loss, and traded on a demo account for a minimum of 6 months as well.
Otherwise - one way or another - you'll lose most of your $10,000.
Stay away from all counterparty market-maker 'brokers': understand very clearly what a real 'broker' is, before you open even a demo account. $10,000 is enough to open an account with a genuine broker, and not to have to use a counterparty market-maker.
But if you're still looking for a strategy, then you're nowhere near ready to trade live, with a funded account.
Otherwise - one way or another - you'll lose most of your $10,000.
Stay away from all counterparty market-maker 'brokers': understand very clearly what a real 'broker' is, before you open even a demo account. $10,000 is enough to open an account with a genuine broker, and not to have to use a counterparty market-maker.
But if you're still looking for a strategy, then you're nowhere near ready to trade live, with a funded account.
forex_trader_366436
Uczestnik z Oct 05, 2016
10 postów
Mar 24, 2017 at 07:08
The action of price tells us that only facts matter and that price is the ultimate 'fact.' It also tells us that events happen in order to strike a balance between supply and demand.
forex_trader_367569
Uczestnik z Oct 09, 2016
15 postów
Mar 26, 2017 at 07:09
As in most investment methods, it is also important to have filters that allow us to evaluate both the volatility and the market directionality ratio. Since this type of strategy is particularly useful in markets with high volatility that do not show a definite trend.
forex_trader_370637
Uczestnik z Oct 21, 2016
9 postów
Mar 26, 2017 at 07:32
Two of the most profitable day trading strategies are the Opening Price Break and the First Hour Break. Due to uncertainty about the direction of the market, traders have to wait until the first hour range is formed before committing to any side of the market.
