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Forexia replied Mar 5, 2016I agree. FX trading and any high-risk, high-stake endeavours are all catch-22 situation. You need money to be successful in those endavours and yet if you really have money then you wouldn't bother to get involved into those activities to get rich ...
I plan to quit forex!
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Forexia replied Mar 5, 2016MM brokers seem to be NEVER able to match the positions between clients. LOL And even if they have to make up the liquidity with their own money, they can still avoid the conflict of interest by remaining risk-neutral via hedging. No the issue with ...
ECN Brokers
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Forexia replied Mar 5, 20169:28 PM is PERFECT time to go to sleep. People have lost millions of dollars of not just their own money but other people's money and they are able to sleep. If you lost just several thousands of dollars of your own money and you can't sleep anymore ...
I plan to quit forex!
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Forexia replied Mar 5, 2016Not until you have had some sleep of at least EIGHT HOURS!!! And then after that, you can PM me here.
I plan to quit forex!
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Forexia replied Mar 5, 2016That's WHY you need to SLEEP!!! Once you've had a restful sleep, when you wake up, you would've forgotten all about your losses cuz it's gonna be a new day. And then you are going to sit down, find a full-time job. With the unemployment rate at 4.9% ...
I plan to quit forex!
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Forexia replied Mar 5, 2016First forex brokerage firms are not under the jurisdiction of SEC; they are being regulated by the NFA/CFTC as they consider spot forex of what we trade as CFD, hence a derivative product. Second all NFA/CFTC cares about is them complying with the ...
I plan to quit forex!
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Forexia replied Mar 5, 2016If this $1000 USD is your very LAST saving, you should save it instead of spending it on forex. Successful forex trading, in my opinion, takes a LOT more than $1000 USD to succeed and at the same time, the emotional pressure will be too high for you ...
I plan to quit forex!
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Forexia replied Mar 4, 2016You should NEVER trade major news or econ. numbers like NFP unless you have at least six figures to spare. Some of the traders who went into a trade during the SNB crisis last year ended up losing 100K's of losses. So unless you are heavily ...
I plan to quit forex!
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Forexia replied Mar 4, 2016No you still did NOT understand what I wrote or you probably don't want to. Losing is NOT a pre-requisite to winning; you CAN win without losing first, hence loss is NOT a pre-requisite. But losses is NOT avoidable. You will win but during your ...
I plan to quit forex!
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Forexia replied Mar 4, 2016No I did NOT say you MUST lose to win. All I said was losses is unavoidable. It`s NOT possible to win without losing but it doesn`t mean that you must lose in order to win. Go back to my post and read it again, please. There is a difference. And ...
I plan to quit forex!
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Forexia replied Mar 4, 2016Well you WILL lose money when trading; this is as certain as death. No matter how good you are as a trader, you WILL lose money. If someone cannot accept losses and say to themselves that they cannot make losses when trading and only winnings then ...
I plan to quit forex!
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Forexia replied Mar 4, 2016People are still making money in trading, not just forex. You just have to find a way and accept losses.
I plan to quit forex!
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Forexia replied Mar 4, 2016Well the guy is probably a multi-millionaire if he can just toss out $1.6 million to some jerks to play with and still has the money to sue those jerks to get his money back.
I plan to quit forex!
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Forexia replied Mar 4, 2016That is ABSOLUTELY true. NEVER ever EVER give your money to someone else to trade (mutual funds excepted) no matter how good their claims are. This guy gave $1.6 million to this broker to trade on his behalf, look what happened: url
I plan to quit forex!
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Forexia replied Mar 4, 2016Everything is gambling even mutual funds. No pain no gain, no risk no returns. Without good strategies and planning even investing in GIC could lose money. You want to stay off Forex for a while to regain your thoughts, that's cool. We have all done ...
I plan to quit forex!
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Forexia replied Mar 3, 2016Oh yeah I am not surprised to hear the requoting between LP and the dealer; unfortunately it is quite common cuz after all the LP's are the ULTIMATE market maker in the forex market. They call the ultimate shots and if market maker dealers at retail ...
Broker reverses $20K winning trades for alleged latency arbitrage
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Forexia replied Mar 2, 2016OMG! I feel so sorry for the Chinese traders who now make up the biggest sucker traders market for all those scam brokers. I hope they are more informed and experienced in choosing brokers after what they went through with IronFx.
Broker reverses $20K winning trades for alleged latency arbitrage
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Forexia replied Mar 2, 2016Like I said, it's MUCH better if you use cTrader. Trades are executed much slower on MT4 than on cTrader on an overall level. If you sign up with an Introducing Broker, you will get much reduced commission than $7. I dunno about the rejection of ...
Broker reverses $20K winning trades for alleged latency arbitrage