Forex - work or play? What do you think? - page 15
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I wouldn't put everyone in the same category, even those who have lost their deposits - LOSERS, hoarders, etc. Although I've seen them too.
I wonder why CME is an exchange and so is the money earning but Forex totalizator if the quotes are running in sync?
(Again, great.))
In a sweepstakes, you guess the winning team and you get paid out. If you know about sports, you can make money from it. So is the sweepstakes a scam?
Or a casino. You play poker and win, the casino takes a commission. If you play well, you can make money from it. I personally know a guy who did it in the '90s. So casinos are a scam?
In a sweepstakes, you guess the winning team and you get paid out. If you know about sports, you can make money from it. So is the sweepstakes a scam?
Or a casino. You play poker and win, the casino takes a commission. If you're good at it, you can make money. I personally know a guy who did it back in the '90s. So the casino's a scam?
I don't play casino, I don't play betting. I work in forex. I don't gamble, I work. I`m working because I`m assimilating a lot of information every day and working because I`m managing investors` accounts, not players, who came to the market "to earn $1 million for a month by depositing $100 to their trading accounts", but investors, who understand that under Ukrainian conditions, 36% per annum in foreign currency is already profitable ... With such a desirable yield and with adequate investment amounts there is no need to be a guru, a genius, or even some kind of "eunuch" to ensure such a yield with minimal risk... This is a fact. All the rest - "forex is a scam" "dealing center ripped me off" is just stupid hysteria that has no adequate explanation.
That's what I mean. If you sit down to play with a cheat, or if you don't know how to play, or if you don't want to work, but want to make a million at once, then everything is a scam - casinos, betting, forex. It's all clear.
If they are not crooks, then all of these organisations are not, of course, scams, and everywhere you can make money, including professionally.
What we are talking about is technology. Casino and Forex - the technology is roughly identical, only the betting is done on the quotes. Not to be confused with real interbank Forex. If the quotes are identical, then the result will be identical to the real market with a difference in commission. It's just the nature of DC-Forex is slightly different. I suppose it's useful to understand this for work.
You still do not know what I think about the stock exchange.) In general, the same plan.))
That's what I mean. If you sit down to play with a cheat, or if you don't know how to play, or if you don't want to work, but want to make a million at once, then everything is a scam - casinos, betting, forex. It's all clear.
If they are not crooks, then all of these organisations are not, of course, scams, and everywhere you can make money, including professionally.
What we are talking about is technology. Casino and Forex - the technology is roughly identical, only the betting is done on the quotes. Not to be confused with real interbank Forex. If the quotes are identical, then the result will be identical to the real market with a difference in commission. It's just the nature of DC-Forex is slightly different. I believe it is useful to understand this for work.
You don't know what I think about the stock exchange.) Anyway, of the same plan.))
Certainly more interesting. What else are we doing here?) Minimum capital investment, minimum overhead and organisational costs. You're all saying the right thing.
Only we're talking about a subject of interest, and I'm trying to discuss the physics of the phenomenon, the model.
For example, when I understood the model of the stock market, it became much easier to understand. But there you are a direct participant in trading and you have most of the information.
For forex instruments there is no such information, and there is an intermediary VC. There is less information, and what is behind the scenes is not clear at all. For example: ticks - they are somehow correlated with volumes, but have no direct relation to them (volumes). Real Forex has a very complex structure and pricing.
Certainly more interesting. What else are we doing here?)) Minimum capital investment, minimum overhead and organisational costs. You're all making a good point.
Only we are talking about the subject we are interested in, and I am trying to discuss the physics of the phenomenon, the model.
For example, when I understood the model of the stock market, it became much easier to understand. But there you are a direct participant in the trading and have most of the information.
For forex instruments this kind of information is missing, and there appears the intermediate DC. There is less information, and what is behind the scenes is not clear at all. For example: ticks - they are somehow correlated with volumes, but have no direct relation to them (volumes). Real Forex has a very complex structure and pricing.
Yuri, you are wrong in this judgement. I am ready to prove it to you in voice mode, ready to show you the principle of forex online on Monday, I will show you how forex works, by the way, I have recorded a video today, I can personally drop it to you, I describe there in detail why I have made a deal and what I was guided by.
What helped me a lot is a few things:
1. calculation of risks (indicator)
2. script for marking out levels (thanks to the great man on our forum, he wrote this script for me as a present!)
3. thanks to Maitreid for the video material posted on youtube.
4. my special thanks to Gerchik for his valuable videos posted online for free
5. Many thanks to the MT developers for the strategy tester, which allows you to see how the price is formed and why, it is not the history to analyze, and a simple robot checks everything in half a day for any pair.
I do not need any limiter for risks, as I often order it in freelancing, I do not need bathtub and other stuff, I can control my emotions without it, and I remember my lost account)
Elementary, Watson.) Forts Gold futures are priced in sync with foreign exchanges and quoted in quid. And the foreign exchanges do not care about our holidays. MT open and look at their losses.)
Of course it's my fault.)) But the main thing here is not in the stops, but in the fact that the holidays completely slipped my mind. Of course I should have put it (stop), but it was going very well. I would have set it too low and it wouldn't have worked anyway.
Here we should have set a trail.