Dear Jinex, ben prasad, fido.
I was watching and practising these trading business for a while (aprox 3 yrs).
At this point of time i can say that both Jinex and Benprasad are right. Let me
try to justify my statement.
The CASINO are the brokers or exchanges are the ones will get profit constantly and never loose...I guess every one should admit this...
the reason behind this is simple...the organizers always make the business favourable to them not to the players..
On contrary very few percentile will gain being the player...
- The player who has more money who can wait till the market turns back
or
- The player who stays less time in the trades. ex: few minutes or few hours max...that too occational trading with decipline.
ex: Scalping : try to get the few bucks/points in a large trend..
As far as the trading abilities and automation tools...i did not find either of them are 100% successfull in long term.
again trying to justify my statement..
- Every one know the fundementals of trading.."Decipline", "Control of emotions"..watching levels....bla bla..
But in reality due to different circumstances most of them will violate those fundamental rules and will be caught in losses.
- Automation tools are not 100% profit making...as the market some times goes beyond the rules coded in the tool... after all the software is made by the programmers by thinking they coverd all the possible scenario's...
But in reality i haven't seen this happening 100% so far...if this happens every one will become winners and who is the loosers then???????
To conclude...we had several threads on these topics..and few senior CD's contributed to enlighten this business..Ex"Freddie, Nadeem, Chandresh..list goes on...
One last thing is, all the above are my personal experience and thoughts and few of the CD's are involved my experiences as well.
Finally....who ever wants to make money..they have to take risk and if the fate and decipline favours they are the winners ..if not they will loose..
My 2 cents and feedback is most welcome..
rgds
mrk
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MK
Dear Jinex, ben prasad, fido.
I was watching and practising these trading business for a while (aprox 3 yrs).
At this point of time i can say that both Jinex and Benprasad are right. Let me
try to justify my statement.
The CASINO are the brokers or exchanges are the ones will get profit constantly and never loose...I guess every one should admit this...
the reason behind this is simple...the organizers always make the business favourable to them not to the players..
On contrary very few percentile will gain being the player...
- The player who has more money who can wait till the market turns back
or
- The player who stays less time in the trades. ex: few minutes or few hours max...that too occational trading with decipline.
ex: Scalping : try to get the few bucks/points in a large trend..
As far as the trading abilities and automation tools...i did not find either of them are 100% successfull in long term.
again trying to justify my statement..
- Every one know the fundementals of trading.."Decipline", "Control of emotions"..watching levels....bla bla..
But in reality due to different circumstances most of them will violate those fundamental rules and will be caught in losses.
- Automation tools are not 100% profit making...as the market some times goes beyond the rules coded in the tool... after all the software is made by the programmers by thinking they coverd all the possible scenario's...
But in reality i haven't seen this happening 100% so far...if this happens every one will become winners and who is the loosers then???????
To conclude...we had several threads on these topics..and few senior CD's contributed to enlighten this business..Ex"Freddie, Nadeem, Chandresh..list goes on...
One last thing is, all the above are my personal experience and thoughts and few of the CD's are involved my experiences as well.
Finally....who ever wants to make money..they have to take risk and if the fate and decipline favours they are the winners ..if not they will loose..
My 2 cents and feedback is most welcome..
rgds
mrk
-----------------------------------------------------------------
MK
Quote:
Originally posted by Fido
Thanks Guys -- Forex management appears to be a good tool for profiteering ............ But tell me Jinxed , how does the s/w help -- I mean , I can buy and sell USD freely -- Does it tell me when to buy and when to sell ... which also I should be able to do if I have tabs on the rate which is not a difficult thing to do ...
The hardest part which I cannot do always is and wonder if the s/w can help with that -- how to predict whether , when and how much will the exchange rate fluctuate by ?
Also - Are there Forex Management Tools (s/w) available for a fixed price also ?
I have been watching this thread for some time.
I am one of the person who bought automated softwares and support & guidance from jinxed.
Two months back i entered into this forex trading.
About myself, I am new to this country with engineering and management qualifications. Worked in various levels in the middle east for 15 years and landed here in April 2008, and we finally moved here for good in April 2009.
Since then i applied for jobs like every new immigrant for two months and was not impressed with the way the companies respect the immigrants with overseas qualification and experience. I did not waste much time in job search as every one else.
I did not want to do $ 12 /hr job either, as i am much more than this !
Having worked for somany years, i decided to take some rest in this country and explore the possible opportunities to keep myself occupied.
That time like all of you today, i saw this ad here from jinxed.
I wanted to learn this and entered into this.
I atteneded many seminars conducted by jinxed.
Some desi's know me here and also during forex seminar conducted by jinxed.
I bought the package from jinxed after attending seminars in the month of june.
Since then i used the robots. Some of the robots which he provided to me gave super returs!
One particular robot on a particular day, has given me 100 pips !
Those who know forex basics can understand what i write here.
100pips profit on a single day is huge. It means 100 USD or 1000 USD or 10000 USD. It depends upon the account size and trading volume.
On that particular day, it fetched me usd700!
That particular robot has been performing consistently and not lost a single trade so for.
One can make usd100 to 1000 in a single day.
I have been earning through this robot average 500 dollars every day.
In this recessin hit days, this is one of the good opprtunity to make money even when you are sleeping !
I am happy with the support and guidance jinxed provided to me since i bought this robots from him.
I feel, it is worth taking this seminar and see it youself.
Good luck.
Note :
NM is not jinxed's other name. Those who attended the seminar last time know this !!
Lol..
just seeing the thread motive has changed to earn extra $1000 per month to per day.
well hope NM continues to earn and become millionair soon..
cheers
mrk
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MK
I find this very hard to believe. If this was the case both of you should be on the bahamas somewhere instead of posting on CD.
I am happy with the support and guidance jinxed provided to me since i bought this robots from him.
I feel, it is worth taking this seminar and see it youself.
Good luck.
Note :
NM is not jinxed's other name. Those who attended the seminar last time know this !!
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MK
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