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Type: Posts; User: Ferenc

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  1. Replies
    15
    Views
    639

    Starting live trade too early is the major...

    Starting live trade too early is the major problem we have, you can't expect it to go in any other direction other than failure. Even if you must start live trade, start very small.
  2. Thread: which Leverage

    by Ferenc
    Replies
    20
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    801

    Yes leverage is good, but we should be careful...

    Yes leverage is good, but we should be careful with it. Because if your leverage is too high there is the possibility of losing so much when the market goes against you.
  3. I am sure there are brokers that offer such...

    I am sure there are brokers that offer such bonuses. Many of them are offshore brokers. However, the only one I know is the broker I use right now. The name is Forexchief. They have both deposit and...
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    1,501

    How about just using a regular broker. For...

    How about just using a regular broker. For example trading with Forexchief via Meta4 or Meta5, with fast server, wide range of assets, like Cryptocurrency, Stocks, Fx, commodities and Indices. 1:1000...
  5. Thread: Demo trading

    by Ferenc
    Replies
    14
    Views
    738

    Yes, Forex is risky, but one has to find a way to...

    Yes, Forex is risky, but one has to find a way to avoid those risks by practicing more on a demo account. I was once using a demo account. Forexchief demo account is perfect. Then when I entered live...
  6. Replies
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    4,076

    Yes I do, the forex broker I use offers...

    Yes I do, the forex broker I use offers cryptocurrency trading. Forexchief is the name, been using it for over a year. Spreads are lower on crypto and even lower on fx assets and stocks
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    11
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    5,941

    I don't easily trust these kind of bonuses, but...

    I don't easily trust these kind of bonuses, but since I was able to utilize the $500 provided by Forexchief broker, I can say there are brokers out there that gives good bonuses. I am still trading...
  8. Thread: Confidence

    by Ferenc
    Replies
    4
    Views
    2,654

    You cannot really call it confidence. Without a...

    You cannot really call it confidence. Without a trading plan and risk management, confidence will only kill you. The point is to be disciplined and stick to your plan no matter the heat of the moment.
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    2,562

    What will happen to the $1000 if you lose the...

    What will happen to the $1000 if you lose the other $4000?
  10. Thread: loss and risk

    by Ferenc
    Replies
    32
    Views
    11,573

    Sometimes no matter how well or hard you try...

    Sometimes no matter how well or hard you try things might still go wrong, and this doesn't necessarily mean it's your fault. It just happened and we have to move on.
  11. Thread: Forex Tips

    by Ferenc
    Replies
    7
    Views
    2,981

    Of course the bonuses can be used, it depends on...

    Of course the bonuses can be used, it depends on the broker and the terms. Most of them now allow you to use the bonus to trade with your additional funds in your trading account, in this way you can...
  12. Thread: whih broker ?

    by Ferenc
    Replies
    17
    Views
    7,420

    I think where the choice becomes a difficult one...

    I think where the choice becomes a difficult one is when they are many just like we have in the market. It can be very stressful narrowing your search down. But thankfully we have good review sites...
  13. Thread: Leverage

    by Ferenc
    Replies
    3
    Views
    1,933

    I agree, they are not bad. Had a friend there,...

    I agree, they are not bad. Had a friend there, don't know if he is still there though, but we should be very careful with leverages as they can cause more damage too.
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    5,839

    Sometimes we can help but be ambitious and hope...

    Sometimes we can help but be ambitious and hope for better days in the market, and it's not bad if we feel that way, it's only natural. But we should not let it get to us to the point of making rash...
  15. Replies
    33
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    11,163

    Regulation doesn't do much if it doesn't serve...

    Regulation doesn't do much if it doesn't serve it's purpose in addressing the issues we have with the broker when things go wrong. So we shouldn't just base our decision on that.
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