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Investing in Forex
Členom od Sep 15, 2016
24 príspevkov
Jul 26, 2018 at 10:23
Členom od Sep 15, 2016
24 príspevkov
Investing in Forex is a tricky business.. as all the fellow traders mentioned earlier it's not all about analyzing charts and markets, it also needs emotional intelligence which controls the feelings of greed and fear.. inculcate rational decision making in the trader.. discipline and practice and sticking to the strategy that gives you consistent results.
Členom od Jul 26, 2018
9 príspevkov
Jul 26, 2018 at 11:27
Členom od Jul 26, 2018
9 príspevkov
That is why I like using EAs and trading systems. No need for the emotions and I can let them do their thing. There are a lit of bad EAs out there but if you do your research then you can find some good ones
Členom od Aug 27, 2017
994 príspevkov
Jul 29, 2018 at 05:43
Členom od Aug 27, 2017
994 príspevkov
Szabolcs1985 posted:
That is why I like using EAs and trading systems. No need for the emotions and I can let them do their thing. There are a lit of bad EAs out there but if you do your research then you can find some good ones
Trading system is my best choice (manually); on the other hand, I have such a bad experience on EA based trading.
Členom od Jul 27, 2018
16 príspevkov
Jul 29, 2018 at 05:52
Členom od Jul 27, 2018
16 príspevkov
Sad thing is that scammers exist everywhere, but no doubt there are few who are true and reliable. You must do a well research before you start trading an account with them.
What's forex looks like? Forex is like a big daddy of all other instruments, I guess.
What's forex looks like? Forex is like a big daddy of all other instruments, I guess.
Členom od Aug 27, 2017
994 príspevkov
Jul 29, 2018 at 14:41
Členom od Aug 27, 2017
994 príspevkov
davidwatson posted:
Sad thing is that scammers exist everywhere, but no doubt there are few who are true and reliable. You must do a well research before you start trading an account with them.
What's forex looks like? Forex is like a big daddy of all other instruments, I guess.
Yes, till now enough numbers of broker are available; but the scammers are too cheap, so now traders take their service too willingly.
Členom od Jul 23, 2018
2 príspevkov
Jul 30, 2018 at 05:54
Členom od Jul 23, 2018
2 príspevkov
Straycat posted:
So are you in favour of Forex trading or not. I don't really like the sound of an endless rollercoaster ride. how do you make it calmer?
I am a victim of a binary scam. I got burned by a bogus broker recently, it was difficult to get a withdrawal after several attempts. I had to hire a recovery company to get my money back.
Členom od Aug 27, 2017
994 príspevkov
Aug 01, 2018 at 06:29
Členom od Aug 27, 2017
994 príspevkov
camielle posted:Straycat posted:
So are you in favour of Forex trading or not. I don't really like the sound of an endless rollercoaster ride. how do you make it calmer?
I am a victim of a binary scam. I got burned by a bogus broker recently, it was difficult to get a withdrawal after several attempts. I had to hire a recovery company to get my money back.
Oh; I am sad but not surprised because I see so many common posts by many traders!
Členom od Aug 01, 2018
11 príspevkov
Aug 02, 2018 at 06:09
Členom od Aug 01, 2018
11 príspevkov
binary is a real problem area. It is totally unregulated. it is a shame because options trading can be very interesting
Členom od Jan 25, 2010
1360 príspevkov
Aug 03, 2018 at 07:21
Členom od Jan 25, 2010
1360 príspevkov
The scamsters that created HYIPs (High Yield Investment Programs) moved from Binary Options to cryptocurrencies:
As binary options shuts down, some ex-operatives turn to cryptocurrency (4 Dec, 2017)
https://www.timesofisrael.com/as-binary-options-shuts-down-some-ex-operatives-turn-to-cryptocurrency/
As binary options shuts down, some ex-operatives turn to cryptocurrency (4 Dec, 2017)
https://www.timesofisrael.com/as-binary-options-shuts-down-some-ex-operatives-turn-to-cryptocurrency/
Členom od Jan 25, 2010
1360 príspevkov
Aug 03, 2018 at 07:22
Členom od Jan 25, 2010
1360 príspevkov
[can't edit my last post]
Stick to basic Forex.
Don't touch HYIPs, BOs, or crypto. They are all scams.
Stick to basic Forex.
Don't touch HYIPs, BOs, or crypto. They are all scams.
Členom od Aug 27, 2017
994 príspevkov
Aug 13, 2018 at 10:36
Členom od Aug 27, 2017
994 príspevkov
balticrain posted:
. it is a shame because options trading can be very interesting
Can you please elaborate this line! Because, I am not clear actually.
Členom od Feb 22, 2011
4862 príspevkov
Aug 13, 2018 at 11:06
Členom od Feb 22, 2011
4862 príspevkov
BluePanther posted:
[can't edit my last post]
Stick to basic Forex.
Don't touch HYIPs, BOs, or crypto. They are all scams.
Crypto's not a scam
Členom od Jan 25, 2010
1360 príspevkov
Aug 14, 2018 at 06:40
Členom od Jan 25, 2010
1360 príspevkov
togr posted:
Crypto's not a scam
Cryptos might as well be considered scams. Regulations and consumer protection is weak or non-existent.
Little to no regulation = 'scam' in my books. 😎
Členom od Feb 22, 2011
4862 príspevkov
Aug 14, 2018 at 10:16
Členom od Feb 22, 2011
4862 príspevkov
BluePanther posted:togr posted:
Crypto's not a scam
Cryptos might as well be considered scams. Regulations and consumer protection is weak or non-existent.
Little to no regulation = 'scam' in my books. 😎
You can always get in and out.
Just do the due diligence.
It is like Forex - hit a bad broker and you are gone.
Členom od Aug 14, 2018
11 príspevkov
Aug 14, 2018 at 10:39
Členom od Aug 14, 2018
11 príspevkov
I wouldn't say crypto is a scam. No one is out to get you. Crypto is what it is , a new digital currency. Sure it is unregulated and is highly volatile but that just makes it a high risk, speculation grade investment
Členom od Jan 25, 2010
1360 príspevkov
Aug 14, 2018 at 12:27
Členom od Jan 25, 2010
1360 príspevkov
In forex not all brokers are bad.
In HYIPs, all programs are bad.
In crypto, all crypto are bad.
The difference is regulation. Regulation = protection.
What laws protect you when investing in crypto? HYIPs?
Answer: NONE. Consider your money 100% at risk.
In forex, my broker is strongly regulated. Government scrutiny is high. Consumer protection is paramount.
In HYIPs, all programs are bad.
In crypto, all crypto are bad.
The difference is regulation. Regulation = protection.
What laws protect you when investing in crypto? HYIPs?
Answer: NONE. Consider your money 100% at risk.
In forex, my broker is strongly regulated. Government scrutiny is high. Consumer protection is paramount.
Členom od Jan 25, 2010
1360 príspevkov
Aug 14, 2018 at 12:29
Členom od Jan 25, 2010
1360 príspevkov
LeadPellet posted:
I wouldn't say crypto is a scam. No one is out to get you.
Boy are you wrong:
https://www.timesofisrael.com/as-binary-options-shuts-down-some-ex-operatives-turn-to-cryptocurrency/
Členom od Jan 25, 2010
1360 príspevkov
Aug 14, 2018 at 12:30
Členom od Jan 25, 2010
1360 príspevkov
[I can't edit my last post]
In spot-forex not all brokers are bad.
In Binary Options, all brokers are bad.
In HYIPs, all programs are bad.
In crypto, all crypto are bad.
The difference is regulation. Regulation = protection.
What laws protect you when investing in crypto? HYIPs?
Answer: NONE. Consider your money 100% at risk.
In forex, my broker is strongly regulated. Government scrutiny is high. Consumer protection is paramount.
[I can't edit my last post]
In spot-forex not all brokers are bad.
In Binary Options, all brokers are bad.
In HYIPs, all programs are bad.
In crypto, all crypto are bad.
The difference is regulation. Regulation = protection.
What laws protect you when investing in crypto? HYIPs?
Answer: NONE. Consider your money 100% at risk.
In forex, my broker is strongly regulated. Government scrutiny is high. Consumer protection is paramount.
[I can't edit my last post]
Členom od Apr 02, 2018
12 príspevkov
Aug 15, 2018 at 10:28
Členom od Apr 02, 2018
12 príspevkov
Would say that CFD trading on stocks and commodities is OK with normal Forex brokers? I assume that has the same level of regulation etc
Členom od Nov 06, 2018
10 príspevkov
Dec 02, 2018 at 07:34
Členom od Nov 06, 2018
10 príspevkov
Most brokers now days cover all kinds of things even bonds and individual stocks. But watch our for the spreads and over night charges. If you are keeping a long term position then an ETF or buying the stock may be better
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