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  1. I

    is retail forex basically a CFD?

    My thoughts exactly. I don't know what these other smart guys are blabbing about. I have traded with several pure and even small retail broker and this issue of trading against you does not exist in all of them.
  2. I

    what is your opinion about TickMill ?

    Its been 13 months now with Forexchief. The experience is positive so far.
  3. I

    what is your opinion about TickMill ?

    Platform disconnect is one thing I really hate. This broker, I have never any issues like that. Great broker
  4. I

    new trader question (FX)

    I agree with the last post. Use a demo and make progress for at least 3 consecutive months.
  5. I

    Demo Forex

    There are a few of them. It's been a while I used Forexchief demo account, but I still remember that it does not expire and you can login at anytime.
  6. I

    Demo Forex

    A demo account is a starting point for any new trader. That is why all the practice is done or at least I thought. These days, new traders just jump in to a live account the moment they know where the open and close buttons are. You are better off with a demo account for the first three months...
  7. I

    Is it better to avoid Exotic currency pairs? Why?

    I don't know why anyone would bother with the exotics, unless there are no other pairs to trade. The exotics are hectic and probably less profitable considering their volatility.
  8. I

    Low fee broker for low volume (buy and hold) investments

    Definitely a good one. They have very low fees and speedy execution of orders. However, this broker is good for HFT and news strategy trades.
  9. I

    Anyone using Finotec?

    I think you guys should just chill and let your nerves be calm. If there is a question here, let there be answers only.
  10. I

    hedging vs closing position.

    Hedging is overrated in my opinion. The only reason why traders hedge is when the perceive a threat to their position, so they enter an opposite trade just in case the threat persists and turn out to be real.
  11. I

    After several years, I found the WORST broker to avoid.

    Well you are right about one thing; all brokers have pros and cons. The same broker you are bashing could be someone else favorite for some reason. I don't use Etrade, never even tried to. I am comfortable with Forexchief broker, no hidden charges that I know of. Everyone has their preferences.
  12. I

    I'm out

    Honestly you have said it all, but you seem to miss the points in your own words. The market is all about consistency and hard work.
  13. I

    Trading while having a job.

    I don't think it is disbelieve, but misunderstanding what was said here. I can make a point from what was said and it's really timely.
  14. I

    Trading while having a job.

    It depends on the kind of job you do. If your job is all physical and does not drain you mentally, I think you can merge Forex trading. Forex trading is a mental hard work. I am a part time Trader with Forexchief broker. I am successful because I recently started focusing on Robotic trading. It...
  15. I

    A Free Strategy that works

    Lol, am sure there is a reason why he asked the question.
  16. I

    How to be a good trader?

    I could not agree more with you, you have to be dedicated to what you do and how you go about your trades.
  17. I

    How to be a good trader?

    That's the spirit of the market, you can't afford to give so early. When you continue to persist, you will definitely reap your reward.
  18. I

    EA for trading on news. Good for part time traders.

    Then it is well recommended and advisable for use, the only problem I have with EA's is their cost of maintenance and upgrade.
  19. I

    Is scalping still profitable?

    Scalping profit is far from huge. You need to open multiple trades simultaneously to achieve anything significant, that is if 70% of them are profitable. There is one scalping strategy I usually apply to my Forexchief MT4.DirectFX account twice in a week. I usually open 12 to 20 trades same day...
  20. I

    How to be a good trader?

    I totally agree, there are times when you just let things take their natural course. Not because you don't want to do anything, but because there is nothing you can do about the situation.
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