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Posts by
My7book
FXBrew
in
Brokers
May 08, 2019 at 08:56
Good broker I must say. I'd like to leave a review in these 4 parameters below after testing with them over a month. - Platform - MT4 and MT5, not an issue so far.- Pricing - $2/100k commission and tight spread (EURUSD: 0.1-0.2pip; EURCHF: 0.7pip; EURJPY: 4pip; NZDUSD: 0.6).- Customer Service - Undoubtedly very good and friendly support.- Features - Wiretransfer and bitcoin for both deposit and withdrawals are free of cost. My first experience for withdrawal (~0.4BTC) is good and fast.Hope this review helps.
Want help on choosing best forex trading training tool or course
in
New Traders
Aug 27, 2018 at 13:34
I find the interesting collection today. Check it out, indeed very useful for beginners. [Google Drive]https://drive.google.com/drive/mobile/folders/1eIpH0RyJCGCQvhHZ8miP-DaGwU9bWqLb
Who can help me to trade?
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General
Aug 27, 2018 at 12:47
Totally agree with you. There needs two good sides to have a good life. One from personal/mental skill, and other from broker side. Winning former and losing latter, or vice versa, cannot help at all.
Forex is profitable ?
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General
Aug 09, 2018 at 09:59
Finally we have the stats. According to ASIC, 63% of Forex traders lose money. That means 37% is profitable which is quite good.https://www.forexbrokerz.com/news/asic-eighty-percent-of-binary-options-traders-and-seventy-two-percent-of-cfd-traders-loose-money
Loss
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General
Aug 08, 2018 at 07:30
I agree 100%. However, if someone faced a great loss without SL, they will learn the mistake to avoid the same mistake again.
Overconfident
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New Traders
Aug 08, 2018 at 07:30
Overconfident is a natural way to react especially in trading. And it should be avoided as early as possible to avoid the great loss.
Who can help me to trade?
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General
Aug 08, 2018 at 07:30
I'm just tired of seeing people, especially in social media bragging about how they made profitable all the time and publishing that they can make us rich. Unfortunately, many people went to them. Nobody wants to hear difficult things. Ofcourse Forex is difficult. SMH
Risk and Forex
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New Traders
Aug 07, 2018 at 08:55
Forex is not for all people, worse yet, not for those who needs money from Forex. It requires high quality skills that is needed to run the consistent profit. Be it strong analytical skills, good in numbers, physical and mental stamina, record keeping, and most importantly, focus. It requires and consumes lots of your time.
Fun on MyfxBook
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General
Aug 07, 2018 at 08:54
I really like this thread. Too good to cheer up the traders during the leisure time.
Can forex trading make you rich ?
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General
Aug 06, 2018 at 12:54
There might be right and wrong perspective to look at. Correct me if I'm wrong.Although you can get rich, but if you have this "getting rich" in your mindset, then no matter what, you will not rich. Probably you will blow the account. It's obvious because this kind of expectation can hurt your patience, and patience is way too serious part to grow your account.
Choosing the Right Broker
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General
Aug 06, 2018 at 12:49
This is just a perfect way to choose the best one. You don't have to trust someone to trade for you unless you know them as your own. I think the age of frauds has increased rapidly in this generation but you gotta follow this @BaldoN advice. Can't add anything better.
Forex is profitable ?
in
General
Aug 06, 2018 at 12:32
Forex is profitable, yes, but not as easy as you people might think. It's not like "this and that, then done" strategy. It's a process where learning never ends, or strategy may not become permanent. There will be continuous knowledge, continuous analysis, risk management, or if necessary, tracking the records. These all are in the personal room of successful trading life.
How to recognize a Forex Scammer ?
in
General
Aug 06, 2018 at 12:29
Very helpful answer. Thanks @Professional4X for your precious time to show us what scam profile looks like.
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