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Traders from India

riyaz22
Jan 18 2012 at 12:49
36 príspevkov
Let us discuss and learn from each other experience

vk17goel
Jan 22 2012 at 08:40
1 príspevkov
Hi Riyaz,

Me too new to forex trading from India. Post any good links and articles on forex trading. 😄

abdul195
Jan 22 2012 at 14:19
21 príspevkov
Hello brothers. I too from india. I am working on ea ( RAHMAN) which is based on a diffrent and funny concept. You can see my profile to check these accounts. Thank you.

riyaz22
Jan 24 2012 at 15:21
36 príspevkov
First I start trading in Indian stock market 7yeras back and I first learn about forex by 2010.In beginning I hesitate because of lots of online money frauds.But One day came across a website www.100forexbrokers.com,In this website I knew a few things about forex market and brokers and their offers.First of all I used to trade with free which is very less to trade but with it I learn basic things and terms and also how to trade with MT4.I trade wit FBS broker and used their no deposit $5 account.Initially I gain some profit and later due to lack of knowledge I lost whole amount.After that I deposit my own mot ney around $25 and start trading and again gain and later lost,because of insufficient knowledge specially about effect of economical news around world.

riyaz22
Jan 27 2012 at 16:30
36 príspevkov
I am trading forex since last 2 and half years,I would like to share my experience here.My first advice to new traders is to learn about basic thing before jump and start trading.First of all look for a genuine broker and registered a demo account with them and practice on it for atleast 6month.By this way you become familiar with basics of forex market and also gain experience and confidence,many broker run lots of demo contests and its a very good opportunity to learn and practice and if you win then you have a chance to trade for real without investing anything from your own pocket.I won more than $4000 till date and withdraw successfully.My first win was FBS 999 demo contest where I won $555(First prize) and used it in my real trade account and withdraw $1665 successfully to my bank account.Because of their contest rule I can withdraw only 300%(including prize money) after real trade.

imprimus
Feb 07 2012 at 11:18
1 príspevkov
Hi, I am richie. I have been doing forex trading from Sep 2010 on demo account. And recently i have started with my real account. I am a newbie in forex, continuously learning new strategy and trying to back test with history data and applying in my trading plan. Hope, will learn new things from you all.

matthew (fxwinners)
May 10 2012 at 05:00
39 príspevkov
I'm an Indian based in UAE. Trading Forex since 2002.
Guys, if you think its a rosy rosy business, you're mistaken.
Its tempting when you see the profits. But always know that there's an opposite to these profits too.
infact when i started trading, I just lost lots until last 3-4 years when I seriously undertoood the importance of money management.

Tip: Always make sure you've proper money management. Use Stop loss. You may have confidence that the market will come one day to your level. so why the stop loss. trust me. It will. But after the account is wiped off. So have a system with clear stops and exit strategies.
                                   Also, be careful of brokers. Many are fakes or rather they are called bucket broker. They know that 90% people loose cos of greediness and lack of strategies and so they act as money makers and work against you. So proper broker selection is important too.
Hope these tips helps.

BTW, I'm managing accounts too. If anyone interested, please see below and check the live account update. thanks.

Thanks in advance & Happy Trading!

ananthhh
May 15 2012 at 13:52
1 príspevkov

   riyaz22 posted:
   First I start trading in Indian stock market 7yeras back and I first learn about forex by 2010.In beginning I hesitate because of lots of online money frauds.But One day came across a website www.100forexbrokers.com,In this website I knew a few things about forex market and brokers and their offers.First of all I used to trade with free which is very less to trade but with it I learn basic things and terms and also how to trade with MT4.I trade wit FBS broker and used their no deposit $5 account.Initially I gain some profit and later due to lack of knowledge I lost whole amount.After that I deposit my own mot ney around $25 and start trading and again gain and later lost,because of insufficient knowledge specially about effect of economical news around world.


You are absolutely right. Don't invest money into forex from your pocket. Demo Demo Demo until you are perfect. When you are perfect you can win a contest for sure. Then you will get money to trade. Now you have good strategy to trade. Also you know how powerful your strategy after all you are the winner of the contest.

BTW riaz can you share your system or any hints, links anything?.. so we poor traders can also try something out from this greedy market.

khatrisushil
Jun 02 2012 at 08:57
2 príspevkov
Hi guys, i need help, i have seen that competitor are opening lot size of 100, 250.. can anyone please tell me how to open lot size more than 8.

Forex Investment Group/ Roberto Santori
forexboy
Jun 03 2012 at 17:36
22 príspevkov
to open lot size that is not available in drop down menu you just needs to enter manually the lots you wish to trade. Highlight the current lot size and manually enter 100 or 250 etc...

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