Recent content by Makenzie Malachi

I think you do not need any expensive phone. You just need an android supported phone. I think most of the trader using this. Because through an android phone you can use the MT4 trading platform where you can get all the updates of market for every single second. As a scalper I am also using...

I tried to keep a mid level leverage. Cause I know very well that leverage is my liability. Finally I have to pay the full amount. So, if the result is positive then OK. But if the trade result goes against me then I should able to bear the liability. For me 1:10 is Ok. Also I follow the lowest...

Thanks Rambo, for my daily trading I use to follow different trading forums. Especially it is BabyPips. From this site I have learnt many things. Another is definitely FPA. By following FPA I choose my trading broker. Also for different trading indicator I always follow Ichimoku. I follow the...

Trading while the market has stopped is not very wise decision. If we are doing a 8 hours job we will not able to work when the office is closed. It is as simple as it is. It might made profit luckily but not always. I don’t think no professional trade when the market is stop. The reason behind...

Rating and review is far different. In FPA you will find all generic reviews with ratings. For example someone has given 4 star to a broker. But if you do not read that trader’s review you will not understand why that trader give 4 out of 5! Why 1 rate is missing. This is the fact. Also there...

You may check again. Because not only you will earn profit but also your broker will charge against your every trade. If you profit is only $1.86 than your broker may charge his commission which minus from your balance. It’s not said cheating. But you should know how much your broker is giving...

Basically this leverage restriction is for multi regulated trading broker. Multi regulated broker offers different volume of leverage to their broker which violates the rule of UK trading. Because in which rules will go there regulation is not defined yet. So, better trading with single...

I am also using MT4 trading platform but never faces this problem. I have never attacked with virus in MT4 platform. If it is only with your broker then it is time to re think. I think it’s not the MT4 issue. Maybe your broker is scammer and trying to grab your money. So, don’t waste time on...

It is very hard to trust someone in forex. Specially forex broker. Unless until you use their platform you cannot fully get the answer. You can check this broker reviews. Also you can try their demo platform. So that you will get a concept of their services and activities that how reliable they...

Very simple but most important thing in forex trading. Basically the difference between bid price and ask price is called price action. The trader who understand the price action more clearly can trade more successfully. Because in forex business currencies are the main element. And this main...

In forex trading bonus are actually a kind of feck attraction to attract an individual trader. There are many broker in the market and they try to attract new trader through their bonus scheme. Because people like to earn easy money without any hardworking. And that is trap most of the broker...

This is the first confusion in forex business when anyone started forex trading. Because there are huge number of trading brokers are in forex market. Also it is very confusing that almost everyone is given same types of offer and pretty much exciting. You can check brokers review and use the...

Well say DitterPD. I have also seen Pharao’s post almost in every threads. Pharao has a great trading knowledge I think. If he don’t then he might not give the answer of all threads. I don’t think Pharao is earning money by hunting crocodiles. He is just helping the poor trader like us. So like...

Its actually depends. In the beginning of my trading career the count is very different in different time. But after spending 3 years in forex now I am able to do consistent business. In the beginning I have twice earned 500 pips luckily. But then never ever. It is very tough to do continuous...

Review is something very important for me in forex trading. Because before selecting my trading broker first I checked their reviews. It is very important to give the right review to a right trading broker. FPA is a good sight for giving reviews. And I think people also trust FPA very much...