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bluemac

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About bluemac

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  1. I usually trade EUR or GBP and sometime look into oil as well but i think gold trading is bit riskier because it is affected by news just as the case of the situation these days.
  2. Even if it is a risky business, many successful traders live luxury life of their dreams just by earning money from forex trading.
  3. Trading with EA requires monitoring because they are usually coded to follow the technical analysis so those who really wishes to go fully automated should read the EA manual before implementing them to live accounts.
  4. In fact we all need a proper trade management plan and better stick to it if we wishes to become more good at trading forex.
  5. Actually these brokers are in fact the trading partners providing all the relevant stuff for initiating trades in markets however broker selection is becoming really harder these days. I however suggest a few decent brokers like hotforex, xm, oanda, octa, lmfx etc which can be considered while choosing a right broker.
  6. Is it the learn and earn demo contest where the winner also receive around 1000 uSD. I guess that is a good option for those who wish to learn and earn at the same time however i think that the competition might be tough too.
  7. Yes the demo is free to test without depositing any amount with the broker and i guess it is very easy way to test any broker processes easily.
  8. In short, broker is the one who facilitates us with all the required technologies to initiate trades in forex market.
  9. At least i wont relate trading with gambling because we have to follow certain rules, doing analysis and making good conclusions based on such experience to earn money however if we make mistakes we will looses money in forex for sure. SO i think it isn't any gambling but a pure professional business which does not spare any mistakes.
  10. Is this software works with MT4 as the broker which i am trading with is on MT4.
  11. Bonuses can be good if you knew how to use them otherwise they can be tricky too on the other side and might be harder to reach at the required threshold to initiate withdrawals.
  12. In my opinion both have their own value and importance, without broker we can not initiate trade in forex market and without any knowledge it will be hard to make money by forex trading business.
  13. It could be a good initiative if the traders should do some research before choosing any broker, it is my opinion as well as a request to all the new traders who are desprately looking for broker recommendations.
  14. Risky yet rewarding too in my opinion, we can take risks in order to get good returns on our investments.
  15. Forex brokers are the one who supply us with the technology required to initiate trading, so better to choose the right broker or else we have a lot many examples in the past where many brokers turned into scam. Some reputed brokers to shortlist from are hotforex, fxprimaus, octa, lmfx etc.
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