Recent content by Notati

I agree with Stanis, but I also dont blame people who dream about swift success on forex. If you look at brokers marketing campaigns it looks like forex is a wonderland

If you are beginner in forex, forget about such high earnings. I think that this would be hard also for professional traders. It is better to take small steps and set for yourself achievable targets

I once wondered why I don't get bonuses. I've been trading for a long time, my account is quite old. Where are my bonuses? I was told if I need a bonus, I need to declare my will. The irrationality of this action puzzled me.

First I would like to say that there are no dumb questions. Furthermore, I think that your question is very good. You should check with your broker if you can place Canadian dollars to your account. If you can, then just swap it or exchange it to USD or EUR

Well, Elliotchang, I think that exotics are not so easy to trade. They are usually lacking volatility and good data for analysis, but I would agree that they provide huge opportunity for earnings

Yeah, right. I also don't like their commissions. It's mall, only 0.1%, but with a minimum amount at 60 bucks. That means that the commission is always higher or equal to 60 bucks for input and output, there's no difference. This is a pretty cool appetite, so to say! What do we get in return...

It is not always ignorance to blame for loss in trading. Sometimes, market has its own crazy day especially when there are a lot of side and unexpected news. So, loss happens, but the crucial question is how you manage risks in your trading

You're right. You just don't count the difficulties in. On bitfinex, for example, you need to have an amount of fiat money equal to 10,000 USD just in order to complete verification. What is there to say? The world is easier for those who can afford to deposit this sum just for verification.

Iandorra you are absolutely right. I also think that there is generally lack of knowledge about financial markets, and this fact is used by scammers to trick naive people. Just remember there are no shortcuts in forex market

Zero commissions are designed for those who sell crypto for 7.5 million, or buy it for 10 billion. How do you like the numbers? :) Actually why waste time on something that we have no chance getting, I don't really understand.

I dont think that you will be able to find any professional trader visiting website for beginners. I think that these people have some more important job to do. But, some of very good traders I think that you might be able to find here. I can spot them by their great posts here

For exchanges, the average commission is about 0.2%. On some exchanges, the commission for selling cryptocurrency may be less, but this requires huge turnover, about a million dollars a month.

I hope that many of you would agree with me that luck is just an illusion. If you want to win forex market than you need to use your brains and spend time on development of winning strategy. Would you agree with that?

I would certainly agree that there is a feeling of joy when you make money on this market. Have you also experienced the same with winning trade? Well, for me there is certainly very hard work, but there are also joyful moments

I also think that one of the main issues might be too much focus on profit which can lead to actual loss quite easily, exactly as Bigdolly explained. I would just add that major focus of all new traders should be learning and making solid grounds for future trading and profitability