Yeah, maybe a lot of people will disagree my suggestion. But to me, since you have chosen to attached on trading, you have to pay the bill to learn or study just like when we took education in college we have to pay the bill. It won't kill anyone if using a Micro or even Cents account. But the whole scenario will change and the same EMOTIONAL TRADING on real next time are same. Just be patient on MICRO and CENTS, don't look at the amount how much you losses and how much your earning is. Even earning 20 cents per week trading, but it is still real money and you will learn something if you take the losses on real money. Try more not to focus on the figure amount of money, focus on how many pips you could bag every week. For me, mastering CONTROL of EMOTIONAL TRADING and MONEY MANAGEMENT is the hardest part in trading.

Hope it helps.

Yes, HotForex indeed is good for retails trader and it has the best reputation currently in the world with their service and security of fund. Although most of my fund is in HotForex and my trader network there, but I still don't recommend someone with them or using MT4 if you are opening a single position with 10 Standard Lots. You will always get re-quote when open 10 Standard Lots, and of course you won't get the exact price you have seen. Be prepare to slip for couple hundred of bucks if you are using MT4 or some retails broker for 10 STD LOTs above. I heard someone telling me it is better execution on MT5. But I prefer to use cTrader on big fund and seldom occurs large slippage.

Nice info bro. This really save me a lot of time.

Appreciate your advice, master zDarkForceSz.
You seem like a nice guy, since you are willing to sacrifice your time to teach others how to trade forex by meeting face to face.

Trading other's people signal doesn't mean that one do not develop his own strategy and doesn't mean that one do not put in effort in his trading.
Looking at other people's trade advice is a good way to improve our winning percentage.
This is to find out are there any people in this world can do better than what we achieve at this moment.
The world is so big and there are so many possibility. Even you can get no. 1 here, you may be the last in other places.
We must prepare our-self in case the only strategy that we developed failed to work in the future.

"No man land" warfare is outdated about 100 years ago since the end of world war 1, nowaday people are fighting "maneuver warfare" which focus on high mobility. Today if you still holding ground and create a front line against your enemy in between a "no man land", your enemy can simply eliminated you by airlifting one battalion of soldiers to attack your back or flanks using high mobility helicopter. So things can change, just like a broker, it can go bankrupt, spread and slippage widen, become outdated when all new brokers are start to use 5 digits quotes while your broker are still using 4 digits quote or mix 4 digit and 5 digit instruments together which make the trader feel uncomfortable. So we must prepare our-self in case our broker gone bad. It is no harm to spend a little time to look at other brokers. Don't confine yourself inside a small pool.

Forget one thing, after world war 1 people are actually fighting "Trench warfare" in world war 2 before shifting to the popular "maneuver warfare" in the modern era. Note that during world war 2 people are not trading currency and currency trading is only introduced after world war 2 due to the big fluctuation in currency observed in WW2. Things are actually changing all the time.

This post has been edited by toughproblem: Apr 6 2014, 03:29 PM

Is still working in forex.
Why 98% retail traders fail because they enter their position in the "No man land" using tight SL.

The broker thing I repeat quite a number of time last year.
Pick yourself a regulated ECN broker will be fine. Dealing Desk will always have some problem.
Maket Maker broker like INSTAFOREX is those type that can manipulate the price on different client's chart and manage their execution order.
If you really want to know where is your trade is from, then use my broker Global Prime AU and request the f***ing receipt!
I had enough answering the simple question over and over again years over years.

BTW the signal thing. I try everything in my early days of trading and nothing is working.
Lose more than what I win. Can't even cover and eventually burn~~~
Spend money here and there buying this signal that signal, all non sense -.-
Trust yourself, believe what you can achieve, and you put in all your effort, so you will success.

I mean no harm or lanci or what ever sh!t.
I just don't wish to see people's blood flow like river, like what happen to me few years ago.
@9kingsir knows what I meant hehe

- DarkForceS

This post has been edited by zDarkForceSz: Apr 6 2014, 11:23 PM

I just don't want to see reckless newbie jump in to the pond knowing nothing and killed by bigboys.
I know what is the f***ing feeling of losing all the money.
everyday SL SL SL SL.

I end up what I'm today after a long term of demo-ing after all those reckless day.

I does have emotion trading DEMO if you are serious on what you're trying to do and achieve!

hope it helps.

-DarkForceS

Oh my gosh, I am absolutely agree what you have said. Following some other people signal, doesn't mean someone are just only following if they know how to ask themselves why this guy open, and why this guy close the trade. Trade advice and those experience shared by qualified trader are extremely important for updating and mastering trading skills.

One more thing I don't agree are someone saying on Lagging Indicators. Human being love to defend themselves they are always the right person in point when they can't master something in the correct way. I know many books has says those are lagging indicator, never use on it. It is the matter on how you read those indicator, and how it works for you better on future prediction or I prefer to say it as master guideline for market movement. I am fully a Tech Guy in trading, or Technical Trading. As I says earlier on my post, when you have went across all the days, you will start to understand everything actually just BACK TO THE BASIC. I have met a lot of Trader, and they are wondering on me how I trade with such simple chart or what they called Lagging Indicator without drawing a lot of Trend Line, Diagonal Trend Line, Fibonacci, Channeling or so on. Yes, that's my trading style and it makes me feel absolutely comfortable without any confusion and contradiction. When I say back to the basic, it really back to the basic. I just need couple of MA and S & R for my charts as my master guideline. With the addition of my studies on Candle Pattern and Wave Analysis, that is much more easier. It is fully depend on how you interpret and master those indicator, not the matter it is lagging or not. Technical Trading doesn't mean I feel Fundamental was useless, we do avoid the volatility of Fundamental as for us it is just kind of luck trading and speculations from the Retail Traders. But does Fundamental really useless for trading? I don't think this way. It is the matter on how you interpret and forecasting those figures on High Impact.

Yes, broker need to do in depth research because no matter how good you have master trading and profiting, your broker can't pays you means you are nothing. Just an example, most of the Malaysian are using InstaForex. They though they are safe broker, just because a lot of IB is drawing a nice picture to them. So they don't know they are using an unregulated broker, getting dropped and revoked license by IFSC on November 2013, can't pay those International Trader that are really qualified and profiting, voted SCAM in most review, and the most part are on the Technical. And example they are still offering 4 Digits trading, a 3 pips spreads on the Majors, 7 pips on the Crosses, 10 pips on the Exotic, and even 60 pips on the commodities. But actually most of the Broker has already doing 5 digits trading, ECN trading, or even fixed spread 1.2-2 pips on the Majors, or 20 pips on the Commodities are already consider high spreads. So doing some research on broker before starting trade with them is a must.

Instaforex is a Market Maker.
Is like buying toto over the phone with illegal dealer.

As I says earlier, even ECN broker are still on GREY AREA and no broker is absolutely clean. Just what I mentioned earlier, your broker doing the same thing. They will always tell you no Dealing Desk, direct dealing with BANK or so called liquidity provider, but none of them directly tell you who their liquidity provider is. I think toughproblem mentioned on signal, actually hoping looking to find some area with some true trader that could share on experience what they are trading, so he can go through slowly on their trade and learn from them.

Take my words. Even forex.com is market maker. How you avoid them from hunting you, that's the thing you need to know. Still the same, all broker are still on GREY AREA.

Grey or not grey I still eat and using my profit everyday.
What I can expect more? lol
Is about can or cannot make money.
And helping newbie stop losing money.

Not like those IB buying branded and showing off.

This post has been edited by zDarkForceSz: Apr 7 2014, 12:18 AM

I straight to the point.. Be it harsh or taken softly... If u wanted to share tips..we r gladly to hear about it.. If u wanted to do recruitment a.. Please use PM... If u wanted to share that u have achieve something.. We tumpang happy for u.. And morally support it by 100000000000% plus horrraaayyyyyy.... ...

If u need a team to build on whatever network, then advertise in a proper channel... Since u r a funder.. I believe few hundred won't hurt u a bit..

If that is the second part is referring to me.. I would like to say..I m still learning...maybe I learn faster than others..

I m not economist, I could fail in maths, I might be a school dropout, but today I m better than yesterday in forex...so b4 u know me... Please keep harsh word to yourself...

Regards...

waiting for market open a?
plan next meet up teach me your new strategy lol

If u can advertise how good u r .. We Oso can do that.. NO need back end team....if u r a retail trader....many gurus here earning very profitly in silent mode.

These are the words from your side. I never meant harsh with anybody here and I think my post always shows there is some reason of my view, and I know how to respect others. From the beginning, I didn't telling or advertise how great I am. Above words are from you on the 1st post to me to challenge my team. I do have back end team and we have all of our own role. It is none of your business isn't it why I need a back end team, so what the fxxxing matters you challenging my Program and my Team? Who do you think you are? Challenge me or my team only you are qualified or just step aside if you are just those live in a small pond thinking he is good enough. So I meant to be harsh with you now since you are challenging me and don't know how to respect other person career or business or team. I won't ever says I am the best in trading, even though I am a profitable trader now, but I still recruit on more profitable trader. Just because 1 reason, I don't put all my eggs in 1 basket and I don't mind my money growth with other resources. You are too arrogant and disrespect to others, it is hard for me to explain to those living only on their own world.

Relax, one step backward see everything clearer.
We share stuff here not picking up fight.
Everyone is unique, and everyone has their own view.
Respect each other! handshake~

-DarkForceS

First of all, and once again.... I truthfully thank you @darkforceS for meeting me personally and for showing me forex steps, charts, indicators, the do n donts, mistakes, or whatever he might be can share within few hours....

He explain the hardship he had gone through and for this I m grateful to him... That with his mistakes... I have not gone burst any accounts I have now... And yes... I have taken advantage of his sharing and most evolution to the trading strategies that I m having right now...

To the point when he @darkforces feel that he needs to change his trading strategy after he felt boring with his old style.. I have not speak to a word to him about he should change his trading strategy earlier on bcos he is like a mentor to me...

Yes.. He is the kind of sharing person and hates to see newbie jump into the wagon b4 knowing anything about forex and his advice bears something to be taken seriously...

To master dark forces... Ur indicator still work in my computer and that is the basics that I share withs my others members in their computer....

Yes.. There are many philosophies out there.... As long u r improving and improvise...that will make u a better trader..
I m learning and earning each day.. Will keep learning and sometimes listen to other traders problems...

About me? I m not a smart ass....and I m not a shame to admit that a student like dark force show me the secrets to forex... N I just improvise it.. That is.. All my credits goes to darkforces...

By the way bro @darkforces... When can I treat u meal?

Regards..

Treat meal no need la.
Just a meet up so share some views and help each other improve.
One people strength can't do big business.
A company with only CEO can't earn a dime, it needs a team to work and improve.

With the long word... U just can't take criticism... Too bad...

Eh... No no.. Meals must be treated....


Nights will b trading session... If u got semester breaks let me know... Then I can schedule time for u...

Is that ok?

Very nice attitude from you. Hats off for your humility and open'ness to share.

Traders help traders.

Passing on the torch friends.

Can i join the session next time? Wan to learn on FX as well.