Recent content by Beldavash

  1. Beldavash

    FORTRADE WITHDRAWAL PROBLEMS

    Kevin, Hello. Writing on behalf of Fortrade, I am sorry to hear of the withdrawal difficulties that you have had. Please contact our support team either by email at support@fortrade.com, or by phone (you can find the most appropriate phone number for you on this page -...
  2. Beldavash

    Problem Fortrade issue. My trade experience or inexperience...

    Selmir, Hello. Writing on behalf of Fortrade, I will tell you that both as a matter of policy - and by law - our reps never offer actual trading advice (even it was not illegal, we would STILL not do so). In recent months, we have found that there are "traders" who are claiming to represent...
  3. Beldavash

    Remove your emotions as much as possible.

    Most of all, I think by being aware of your emotions. It takes time for some of us, but in trading (and pretty much with everything in life), we need to understand which of our actions and decisions are driven by emotions, which ones by logic and intelligence, and which ones by instinct. All...
  4. Beldavash

    Can anyone explain to me the SNB-CHF crisis?

    economist.com/blogs/economist-explains/2015/01/economist-explains-13
  5. Beldavash

    Remove your emotions as much as possible.

    I would suggest that rather than "removing your emotions," it is more productive to use them - hand in hand with other things, like your intelligence and your instinct - to guide you. We are not robots, or machines, and when we invest or trade, our emotions are very much a part of us, and IMHO...
  6. Beldavash

    Fear

    Interesting, For me it was the opposite. The less I knew, more anxious I was, because I felt like I had no control over my own destiny (or money). The more I understood, the easier it was for me to overcome the anxiety and feel like I was making intelligent, and informed decisions.
  7. Beldavash

    Trading within 2 secs

    I'm going to agree with Mikeyfxs here - trading in a time frame of seconds is basically a guessing game, which is an open gamble. There is no real strategy involved, just pure luck (and usually not such good luck). I recommend staying far away from that approach, and from any broker who...
  8. Beldavash

    Fear

    Fear is natural, even healthy. It makes you cautious when you otherwise might be too careless with your money. But trading forex - like anything and everything else - isn't about "not being afraid." It's about controlling your fear, and using it to your advantage. It means being a smarter...
  9. Beldavash

    Which currency pair should I trade?

    USD/RUB is considered an "exotic" pair with minimal liquidity and not a lot of volatility. On teh one hand, that makes a more boring pair to trade on, but OTOH, depending on what you are looking for, boring can also be less risky, which is not a bad thing
  10. Beldavash

    Are you in a hurry to make money?

    If you're really in a hurry to make thousands, then forex may not be right you. Trading is for the long haul, with realistic earnings throughout.
  11. Beldavash

    Demo accounts

    No disadvantages at all, IMHO. Nothing but advantages. Learn the platform Learn the markets Develop strategies Discover which methods work and don't work for you And all without risking a penny All good things
  12. Beldavash

    What to look for in an FX broker.

    The more accessible the customer service department of a broker is available - the better. That includes how many hours/day and days/week they are open, and if they have service reps available in your home country.
  13. Beldavash

    30% trading is gambling.

    In a sense, any kind of investment is gambling - including forex, CFDs, stock market, even buying a house or opening a savings account at your bank. For me the real question is what steps can we - and do we - take to minimize the "gamble" of trading. The analysis we use, how much we are willing...
  14. Beldavash

    Discuss Bitcoin

    I don't believe it's a scam, but personally I would be very worried about investing too deeply (if at all) in it. Its price has been skyrocketing so high and so fast, that I am worried the bottom will fall out, possibly very soon. Also, there will only be a total of 21 million Bitcoins...
  15. Beldavash

    ITS TRUE U CAN MAKE thousands in 30 min or 1 hour in really short time..???

    If you set yourself up to "make thousands in 1 hour," you are very likely to lose that much, if not more. Forex is not a magic trick in which you wave your wand and Presto! You're rich. It takes understanding the markets and the trends, and all of the factors that can influence them. Even the...
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