Do you use trading bots for Forex or you don’t trust them?

Been doing it but stop for a good reason. We have developed a very simple but yet effective way of trading and we use a bot to do the daily work for us. We call it TP Links for take profit links. From 1.0 we use for 1 year and modify so it trade better and better years after years. When we stopped, it been reach to 4.0. Normal trading person (experiend one) could not gain as much as a bot. For example on 2.6 we make it triple account in less than 6 months, and collapped. 3.2 made us […]

Read more »

Is forex trading a legal, safe, and efficient way to generate a full time income?

Legal depend where do you live, some countries ban forex. However because to trade forex you dont need to stay in one place so no worry. Safe: not at all, trading is risky, you will fight with the smartest and even you are one of the smart chance that you dont lose money are less than 5%. Efficienway to make money: big yes, if you are in 5%; you do the same “easy jo Forex Traders b” but earn unlimited income.

Read more »

How does a strong dollar make American capital and financial assets cheap for foreign investors?

I think it does the opposite. Strong dollar mean you need to spend more your local currency to buy it. Let say yesterday to buy 1$ you had to spent 90 unit of your local currency, today $ is stronger so you need 100 unit. Now there is apple in us cost 1$, yesterday you buy it with 90 unit of your currency and today you buy it will cost 100 unit. So you will prefer to spend 90 unit and buy your local apple instead of ameican apple. Hope that make sensen.

Read more »

What is the best and safest way to get rich?

You will read over here two type of answears, one said you CANT there is no way to get rich, so dont even mentioned safe and fast; one said yes you CAN but no safe and fast; some other sort of version for those two. I will say there MUST be a fast way to get rich, but noone will tell you simply because they are also looking for it too. Here why: if I give you 5.000$ a day. How much you get after like 30 years? Daily : 5k 10 days 50k 100 days 500k 1000 days 5m […]

Read more »
How do I manage my time for Forex trading?

How do I manage my time for Forex trading?

I am a full time forex manager and a medical doctor at the same time. You wont have to find time for forex, you MUST somehow get busy in other duties so you wont mess up your trading plan. I look at the chart one or two times daily, the rest of the day I am extremely busy with my doctor duties. That help me not to think twice on a given trading plan. And it work. Actually I mess up as full time forex withoit doctor job.(or something keep me busy). I will scan the chart too much, read […]

Read more »

If I have 5,000 USD and with all skills and risks being equal, how much profit can I get from Forex vs. stock trading?

You will get much more. Here are reasons: liquidity : forex liquidity is top market with 5 trillion $ transaction aday. Fee: stock you pay quite much more fee in amd out a positions, in forex the spread is thin, specific is like 5$ for each 100.000$ transaction. Swap: over night swap in forex much more lower Leverage: forex provider some up to 1:2000 Cost of a transaction: with forex you can start pretty much with 5k, in stock maybe you can buy 100 share of bluechip that limit your possible gain

Read more »