Recent content by TaniaIslaam

  1. TaniaIslaam

    Demo accounts

    Demo Account is very helpful if we use it correctly since we can basically do anything we can here. It’s like a free ride that we can take anywhere we like. We just need to make sure that we use it passionately and understand that right work out here opens door to so many benefits and is just...
  2. TaniaIslaam

    Is Forex A Scam?

    I find this question very strange because Forex is not run by the individual. It’s a global business that runs the whole world. Foreign Exchange is not just a business but a requirement and you can’t call this scam. Although, there are always debates about brokers and all that, keep that aside...
  3. TaniaIslaam

    ECN Broker

    No broker is 100% reliable or trustworthy, so always be wise and divide your investment between multiple companies not just one. Currently, I too have investments between Octafx and Exness, as I consider both good and reliable companies. But, I am not willing to trust one broker alone as it’s...
  4. TaniaIslaam

    which broker is better?

    Pepperstone is hands down winner there, as their reputation is extremely good and hardly will you find people having issue with them. However, keep in mind I am giving you view to what I heard no experience myself with them. ThinkForex is pretty bad (knowing from my friend’s experience) while...
  5. TaniaIslaam

    Minimum investment

    For me it is not question of afford or not, as I just want low amount to trade with which is around 150-200 USD, as I love taking risk and with knowing that I can’t lose beyond certain levels, I can do well. However, if we put too much on the line then we will just kill away that forum, so that...
  6. TaniaIslaam

    Why do 80-90% of beginner Forex traders lose ALL of their money?

    Firstly, there is absolutely no confirmation of this years, it has been heard and written for years with really no real deal to it. However, I do believe majority are not in positive zone as per profit making is concern. The most common issue is that most people take it as pass time stuff, so if...
  7. TaniaIslaam

    What to look for in an FX broker.

    I just want broker that don’t play with me once I make profits. As in my career so far, I have seen this happen. So I just prefer to have broker that allows me to have what I have EARNED even if they don’t give me freebies. I agree that FPA rating (reviews) are pretty good and one should go...
  8. TaniaIslaam

    Why do you think people are scared of investing in forex?

    I think some kind of hesitancy is definitely going to be there because when you put money on the line that is EARNED, it is meant to create doubts and some tension. But when you want to succeed and when you want to do business then you just need to put fear out of system instead we should...
  9. TaniaIslaam

    Disappointing With Some Brokers

    Sometimes, you got to be very fair with things. It is our wrong way of judging brokers that leads to disappointments. I mean, if I expect anyone to give me money for free (which is not realistic) and when that doesn’t happen, it can’t be called disappointment, as things were obvious but only due...
  10. TaniaIslaam

    MT4 Is Terrible

    I am not sure why and how Mt4 can be called terrible, it is the main platform and you simply can’t hate it. I’d say it’s okay if you put it as OUTDATED, but please don’t put it as horrible. There are many new platforms coming up like Mt5 and Ctrader. I personally felt highly disappointed when I...
  11. TaniaIslaam

    Is Forex A Scam?

    I believe this is basically part of thinking that exists on two occasions. First, it is when we are under-aged (immature), so if a broker cheats us, it will be common to hear that I got scammed in FOREX, so this is where Forex is scam terms come while the reality is obvious to see. 2nd, it is...
  12. TaniaIslaam

    How much profits do you expect to get back from a USD20,000 trading account?

    I obviously agree on that. I too believe it is not easy to achieve such targets! It might be if you go with lower investment and just be fearless, but you can’t expect this to work with higher level of amount. A really good trader is least likely to have any target because they wait for right...
  13. TaniaIslaam

    How much profits do you expect to get back from a USD20,000 trading account?

    It is too easy to go into over-confident mode as seen above with some mentioning 30% returns while some even more and some lower, but do we realize that MAKING profit itself is a big thing and that is the FIRST step we need to make sure we get right. In trying unnecessary gains we might simply...
  14. TaniaIslaam

    Why Do Most Traders Lose

    Often trying too much is also the reason to lose. If we just play it simple and don’t do anything over the top then we are already in good place. The problem with people is that they don’t understand the ACTUAL potential of Forex; it’s why we see people over trying which in Forex is just...
  15. TaniaIslaam

    How Much Stop Loss Are Appropriate?

    I truly believe that there are two options you MUST take. We must use right level of risk/reward ratio through correct lot size; I generally keep it to 2/3% which keeps me safe. But if you like to take risks then you need to use STOP LOSS, if you don’t then it will be extremely tough to avoid...
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