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Posts by
medisoft
LiteForex PAMM
in
PAMM Broker Services
Jul 17, 2015 at 05:43
I has been using liteforex since more than 2 years, and currently have a PAMM with my EA for more than a year. No problem, they are really good, with the notable exception of the customer support. They are not very available in Spanish (but one can contact the Mexican support by skype, that is good).The service for PAMM is very good, with good options. Maybe it lacks of more detailed filters, more ways to know if a PAMM manager is using a strategy not too suitable for you. I recommend this broker if you don't care too much for the not so excelent customer support.
FXCM
in
Brokers
Oct 03, 2014 at 00:03
The broker has good customer service (fast response), fairly good deposit methods, but is horrible for withdrawals. If you don't live on US or have big bucks (10,000 or more), it is very expensive to withdraw.The only two methods are credit card (limited amount), and wire transfer (expensive!)Also, I had a problem with them. I placed two orders on different pairs, at some point the trades were closed... not with stop, not with take profits... they couldn't tell me why they were closed (they were closed on profit), and when I talked to them about the problem, the decided unilaterally to...
Optical Fund (Evaluating methodology)
in
Trading Systems
Oct 01, 2013 at 00:09
I has been very very busy on my JOB. I barely had time to look at forex, so for this time I was unable to trade my this account. That's is a pity, but I hope to have more time when we finish what we are doing on my job.
Optical Fund (Evaluating methodology)
in
Trading Systems
Jun 06, 2013 at 15:57
Thanks for the suggestion. The fact that this trading methodology uses a lot of pairs on daily view make it resistant to NFP moves, that's the reason I'm holding my trades on weekends and other special days :)
Optical Fund (Evaluating methodology)
in
Trading Systems
Jun 02, 2013 at 02:01
Yen is going to be devaluated by BoJ, that's the reason I'm buying yen pairs :)
won ton soup
in
Trading Systems
Sep 19, 2012 at 15:59
pretty good job! I'm comparing our stats, we are both about 0.26% daily :) that should mean that we are on the same track, isn't it?
YingYang Scalper
in
Trading Systems
Aug 08, 2012 at 22:23
hi! :)
LiteForex
in
Brokers
Apr 24, 2012 at 00:12
I had working with LiteForex for about 6 months, with lite and floating spread accounts.I need to say that it is average an all, spreads, comissions, speed. Then have good rebate (1.5 pips) when you enable that option on your accounts, you can choose fixed or variable spread. On fixed spread, majors are about 3 pips, on variable I sometimes found EUR/USD and GBP/USD to have less than a pip (0.7 is the minimum I had gotten). Almost all majors and crosses are less than 5 pips on variable spread. They have other services like the Liteforex Card (something like a prepaid card. I don't have eno...
Why I'm Proud of Myself (Now)
in
New Traders
Aug 02, 2011 at 05:04
You are right, my demo accounts was performing great, but that's just because I made the mistake of trading without knowing anything with real money :( Now I know that was a mistake (after losing 2 hundred dollars), and I'm working on demo accounts first to test strategies, the latest one, I called bullet proof trend, is the one that is running on my real accounts, and it is working pretty good. I used bots on all my accounts but I was greedy and oversized my positions. In demo accounts the equity was a lot bigger, so nothing wrong happened, but with very small equity, the real account...
Why I'm Proud of Myself (Now)
in
New Traders
Jul 25, 2011 at 17:02
I agree with James Bond. I used to trade looking at balance, and some day a big move in the markets caused my account to get a stop out call, losing almost all money there.Then I realized that its good to have balance growing, but its better when the balance grows and the equity is convergent with balance.Also I think a system that needs trader's discretion is not really a system, and can be subject to emotions. If there is no emotions, and only facts, then the system can be coded, no mater if it uses candlesticks (there are good EAs that recognizes almost all candle stick patterns) or new...
Why I'm Proud of Myself (Now)
in
New Traders
Jul 20, 2011 at 06:26
By the way, I forget to tell you that i lose 25% of my account with the past EA, because it didn't manage the money OK. The new one is recovering the loses automatically :) and without emotions! that's the best part. I see the trades and I'm tempted to take profits but I remember myself that the system has very good math principles and statistics, and if I leave it alone it will make better profits. I only need a little more cash to start with full system, my system requires a minimum of 400 USD on a nano account to trade safely, here it is only 150USD so it is in medium risk, but ...
Why I'm Proud of Myself (Now)
in
New Traders
Jul 20, 2011 at 06:21
Hi! I was reading all the thread. Very interesting :) I started about 3 months trading with a year previous experience on stocks. I found we all are the same. My first trades were total winners, then I said myself that this is easy and started losing until i loss 80% of my *small* account.After that I stopped trading, started reading, reading, reading and more reading. I learned MQL4 language and made some EAs. I found that money management in forex is a lot more important than in stocks because leverage, and after total wipe of 3 of my accounts (again, thanks God that they were small accounts...
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