Forex Auto Trading

[Asklangko]

@mckoy: how about the time to spend for online? he is working right now in a certain company. does this require an ample time for transaction?

[M.A.D.]

Sure no problem. Note that in this kind of field people have actually killed themselves for massive losses.

Anyway, it does look like gambling in form -- but in essence it isn't. Gambling per se is gambling, but trading isn't always gambling all the time. Let me illustrate:

Say you place a bet on a game that only has two outcomes. What are your chances of success? That would be 50%. That is a high percentage to hit the jackpot. However, you only have one chance to do that and every time you try again the outcome will always be random.

Now, if you decide to do it multiple times, you can maximize your chances of wins and of course maximize your losses. But the actual game in the casino is basically random in outcome, that no matter how many times you try to bet repeatedly it will always be random. This is what you see from the player's(you) side.

Take the side of the casino, they have almost infinite funds for all their patrons. They have multiple dealers and games that they play against their players. They have more chances to draw a bet, hence more chances to win/loss. But because they have many more wins compared to losses that always come out as the winners. Imagine how many patrons go to the casino to gamble and lose and compare it to those who win?

There are times when a player wins, but this is very rare.

Applying this concept to trading, what you want to do is you have to draw a number of trades or device a strategy that will produce a net positive outcome. You can trade small lot sizes and these small lot sized trades will produce an outcome of 60/40 win/loss ratio. You will notice that due to the multiple entries you have you will begin to see a trend from all the randomness if each trade was considered a single variable. This is your edge.

[vipmike]

Trading is like playing chess against the world... and I love it!
Been trading since December and have handled a few big accounts already.
It takes discipline, guts, experience and most of all patience to trade in the Forex Market.

[charleslj]

Trading is really a risky business, its up to you how to handle things up....

[radco226]

Hi, I'm trading live forex and executing my own trade. I'm still learning though coz kuti jud kat-onan ang forex. Wala pa ko kasuway ug auto trading pero unsa ako na dunggan is maayo ra nah inig sugod but since na dunggan ra man nako not my own experience di nako ma guarantee unsa nah ka tinuod .personally i prefer to execute my own trade and analyze para makasabot and I know what im doing. If you are really seriously thinking going into forex, I have a few suggestions/tips.

1.) be very careful sa imo pili-on na forex broker. daghan walay ayo ana. Wala pud forex broker sa Pinas coz wala pa ta law about ana unlike sa stocks trading that we have SEC. Legit brokers are usually from europe, US, australia. my broker is from australia. check their background pud.

2.) find a mentor if you can. kana suwito jud sa forex that can teach you. makes ur learning much easier.

3.) one way brokers earn is that naa sila patung sa pips in every trade nimo regardless if lose or win naa sila money. Mao pud ni ako gi huna huna na risk sa auto trading. you dont know kinsa nag trade para nimo (how knowledgeable or maybe they are just into the commission sige ra ug trade) and if program man ang nag execute sa trade, although technical analysis weigh heavily in making a trade, naa pa man fundamental analysis that you also have to weigh in.

wala pud ko ka relate sa mu open ug 3 accounts to diversify coz sa forex once u have an account sa imo broker you can trade almost all currency pairs. well, i hope this helps.

bossing hope you could shed light on my query..i want to venture into forex but don't know where to start..there's a company, XForex which i'm interested in but the problem is i'm not sure if this broker is legitimate or a hoax/scam? hope you could advise me since i see you as well-versed on this, or better yet please advise on some good and tested brokers where we could safely invest? hope you could help me..thanks a lot..

[circles122345]

unsaon d ai pag sugod ani? og pila ang minimum e start nga money?

[vipmike]

pm me if you want to learn more about Forex

unsaon d ai pag sugod ani? og pila ang minimum e start nga money?

[promnium]

Try nya ani daghan sad pinoy. Binary.com : : Online Trading platform for binary options on Forex, Indices, Commodities and Smart Indices

[sedated33]

Results after 3,059 trades

Account1






To see live:
account #: 2294326
password: pass123
server : ibfx-mt4-demo.interbankfx.com:443

Naa pani imo software sir?