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About bluemac

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    Advanced Member

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  1. In short, broker is the one who facilitates us with all the required technologies to initiate trades in forex market.
  2. 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.
  3. Is this software works with MT4 as the broker which i am trading with is on MT4.
  4. 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.
  5. 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.
  6. 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.
  7. Risky yet rewarding too in my opinion, we can take risks in order to get good returns on our investments.
  8. 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.
  9. I think we better stay away from all those silly promises which offers invites of getting being rich right over the night just after purchasing anything from them.
  10. The traders should make a habit of going to news related sites like investing.com, economies.com, bloomberg, economic calendars sites etc in order to be aware of the news release and their outcome on the forex underlying trading asset.
  11. Forex is a very lucrative business however it is more professional business which requires no mistakes and a lot of practical knowledge in order to take your share from trading currencies. The good part is that we can learn the skills which are required in forex trading.
  12. If you have bitcoin then you can trade it against USD on many exchanges, some brokers like hotforex have also started accepting bitcoin as a payment deposit method so you can deposit it there and trade against other currencies to make good returns on your investments.
  13. MQL5 is for coding EA i guess..!
  14. I better say stay away from those who offers silly promising invites of becoming rich right after investing with them.
  15. I would agree with this statement as i have noticed many brokers that are facilitating everyone by providing quality webinars and other stuff which are absolutely free of any cost.