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Hey Desita,
I am very glad to hear that you succeeded to make this profit. Believe me it is not small!
Personally I joy on every pip and dollar gained, because I know the hard years behind me, so each pips is just precious.
Keep up the good job!
Dear Desita,
Normally here we are not giving any trading advises for the Bitcoin or any other asset. As you know we are academy, and we will give you an answer to every question connected with education. Also, here we do not predict, but we base our trading and education on algorithmic trading and formulas, to make sure we have stable results based on past performance, Monte Carlo test, statistics etc.
Anyways the Bitcoin is just reaching new Tops, I do hope that you had the courage to hold them, so I do believe now you are on profit.
Good luck to you
Dear Andy,
Thank you for writing personally to me here in the forum, and I will answer to you as follows:
Yes, we are not connected to any broker and long time I did not allow any of my mentors or colleagues to suggest brokers, but the problem with the scam brokers is getting bigger and bigger. Nearly every day students are writing to us that they have lost money with some scammers. Unfortunately we can not do anything to help them get beck the money. The only thing is to give you some tips(As Svet did), so we will make sure that our students will avoid such scam brokers.
As a decent broker that we are recently using is JFDBrokers. They have really tided spreads, swaps etc. Also, they are regulated, and they have office in Varna(where the academy was created and I have personally checked the office to see if all is good over there.
I would like to warn that if any brokers start typing here(believe me I can recognize really quickly), their posts will be deleted.
Hope this helps Andi
Cheers
Dear traders, i am very unhappy with having now bitcoin, because i bought it in the worst moment? Please advice what to do? Shall i keep it and sell when the same price is reached? Is there any course that will help me to manage a bitcoin? I mean i know that i can not manage the price but at least some idea when to sell and when to buy?
One friend told me to buy bitcoin because he did some time ago and now made some money but he bought it when the Bitcoin was 1500 dollars…i will really appreciate if somebody has some experience with the Bitcoin and tell me what to do…
thank you indeedHi all, i do believe that every Forex trader should follow the following rules when trading with Forex strategies:
1. Trade with no more then 10% of the savings you have
2. Trade after a good education, i took 2 of the courses here and i am happy with those – made a small 400$ account into 750&, i know that 350& is not too much but as a % i think for 2 months is not bad
3. Trade different Forex strategies in one account to diversify the riskhope this will help to some forex traders
I hope all understand why is hard to say for us with 100% stop it or not?
1. The Forex news affect the markets every time in a different way so we never know what will be the movement before, during or after the Forex news. So by stopping on those we limit the risk.
2. The EAs are created on historical data including the news, so basically they need to stand on these news and if we go on stoping, managing the trades, we do go back to manual trading.
So these are two major issues or theories that you need to choose one.
Also it depends what kind of Portfolio of EAs you are trading. If you are with trend following strategies and the Forex news go strongly against the trend you will expirience a drawdown in you balance.
You are right Pope! Rushing is a problem and most of the time the reason why people loose on the markets.Forex Strategy Builder helps us to test a strategy at the currency moment, because you can see the performance in the same second you enter the entry, the exit conditions, the SL and the TP. You do not need to test it for months to see if it will make profit or losses.
Dear traders,keep in mind that now we record all the personal educations we do and after each one, you will receive it as a recording, so you can review it after that. The education in any ea builder is all about details and we want to make sure, you don’t miss any.
About the scam brokers, yes its the horrible part in the financial market. I do not know how the people continue to give cards over the phone and believe that someone else will make money and profits for them.
Thank you Svet, for the topic, I hope more people will reach to it, before they are burned.
For me, even the brokers with high spread are scammers. I had a student who sent me the statement with the GBPJPY Strategy from the Top 5 Forex Strategies with losses and in the same time with us it was profitable. After we compared the statements we saw that his spread was 12-14 pips…and even he was pausing on news and all was done properly, the balance was negative.
I really suggest everybody to make a good resurch before taking any actions to open live accounts.
Thank you for the good words George, with the last results you sent. Me in the detailed statement, I think you are already much above your loses :) good job!
Hello guys,
The course was updated. We have create news from The Forex trading software company – there will be 14 days free trial for EA Studio as well! :)Yes guys, that is a bad thing and the worst is many potential Forex traders give up because they lost money with scam brokers. But this is in every industry to have bad and good companies. Here the experience is horrible, simply because we trade with our money and not any stocks,real estates etc, that’s why in mental point of view is the worst to loose the hard earned, saved money with these brokers.