Now for those live trades - arrrgh - sick just now (wet weather).
Please stand by!!
Now for those live trades - arrrgh - sick just now (wet weather).
Please stand by!!
i am thinking if my IP address was registered to their servers ?
any ideas ?
when you install dealbook on your computer it also installs like a âmarkerâ this is there way of knowing if you have or had another demo account with them. So donât bother trying to mask your ip or anything like that. There is a program that you get from gft that will ârefreshâ this earlier program.
For example i had a demo with them at first, then i decided to get a live account but my demo had timed out. so all i had to do was contact my customer service rep who sent me a link which âfixedâ this.
Vulcan and Tymen are right you should just get a live account with them if you want there platform just be adviced i think they have penaltys if you donât meet there minimum trade requirements.
Yes, they look for one live trade a month or they charge you 25 bucks.
To get unlimited demo you need to deposit 2500. You can deposit less and get live charts only, you could demo trade on another platform or on paper.
Not very generous exactly.
@Tymen
Thanks Tymen
you know what you gave me an idea to solve it! THANKS man!
ill be back playing with my demo account
ill post it later
I guess around 2hours iâm done with the workaround
To get unlimited demo you need to deposit 2500. You can deposit less and get live charts only, you could demo trade on another platform or on paper.
i guess i cant afford to have this amount just for one shot⌠im just planning to trade LIVE using my extra money. :o
They told me it was 1 trade per every 60 days!!
If you need longer to demo trade, then you can contact them and they can put your account on hold at your request.
That avoids the fee!!
Then when you are ready, you can start trading again.
Here is what looks like an evening star pattern that you would[U] not trade.[/U]>>>
By tymen1 at 2009-08-21
In this case, it looks like we have a nice evening star. Look how the price dropped in the last candle.
But further inspection puts the trade in doubt.
We see the mid BB rising strongly, and there is a trend upwards.
Will this pattern break the trend?
The rule for an trend walking the BB is that 2 patterns are needed to be sure of a trend reversal.
Here we have only one.
Further, the pattern is not orthodox.
The close of the 3rd candle does not come down to the halfway point of the 1st candle.
This is an important minimum requirement for these doubtful cases.
So in this case, we rule this trade out.
The price rose again shortly after this screen shot was taken, thus validating my assessment of the potential trade.
I see on their site:
âAn account will be deemed inactive if no trading activity has occurred for a period of 60 days or more. A monthly inactivity fee
of seventy-five dollars USD ($75.00) and any additional applicable fees will be charged to these inactive accounts. Base 10
accounts will be charged an inactivity fee of $25.00 Click here to view fee schedule for other base currenciesâ
OK, that settles it.
Again, if you need more than 60 days to demo only, you can request your account to be on hold and avoid the fee.
hi tymen
my name is peter and i am 23 years old and living in perth. i have been in forex for about 8 months now. i have just been using the stocastics and macd indicators and was making on average about $50-$300 per day after i came home from work. however i still felt like i was relying on luck to help with my trading. then i wanted to broaden my knowledge and started to use the rsi in conjunction with the bolinger bands, in which cost me a large portion of my earnings. i had lost $1500 in one trade, where i was frozen just watching the price go the opposite direction. this is when i really started to learn about trading psychology, and has made me a lot more disciplined when it came to trading.
i have recently completed my law degree and am due to be admitted march next year. due to all the layoffs i really felt like i need to get into forex full time. i consider myself a beginner at forex. i want to become a true professional.
can you help?
regards
peter
Hi Peter.
I know you didnât ask me, but Iâll give my two cents anyway:
Getting into forex trading because you feel you need to due to unemployment or such is a bad idea. It creates a pressure to make it that you donât need, trading is tough enough as it is.
Most things in trading are simple really, itâs the psychological part thatâs hard, as youâre learning. For instance, it may involve the discovery of bad traits you didnât know you had (it did for me). Itâs process that must be allowed to take time.
Although I donât trade Tymenâs method, finding him was one of the first beacons of light for me when I was new. Tymen knows what heâs doing and you can learn a lot from him, but like with anything else your mind must be open and receptive and I think that the pressure to succeed in the near future may affect that.
One really important concept you definitely should pick up from him is the PCI stop loss, thatâs Power, Computer, Internet stop loss. Donât trade without it, or youâll be sorry sooner or later. That will hopefully save you 1500$ next time.
Tymen:
A much needed trading example after a while. Thank you for the tips. Hope you are keeping well. Looking forward to more trading beacons from you.
Regards,
Muthu.
I am new to this thread. I already compiled the âStarc_Bands.mq4â in MT4 and put it correctly in the indicator folder but I could not get the exact chart
tymen1 posted here.
Thanks.
[QUOTE=husky_1;91461]I know the starc band code for MT4 took a few minutes for me to find.
Here is the code for those that need it. Copy and past the code into a notepad document and save it as âStarc_Bands.mq4â under your MT4 indicators directory Ex. (c:\program files\MT4\Experts\Indicators)
Once save, open the file in metaeditor and compile, then finally it should appear in metatrader.
>
thank you for your feedback. i understand that trading is difficult. if it was easy everyone would be doing it. to be clear my goal was to slowly transition into trading forex full time by the time i was 30 years old (in 7 years). im not sure if this is a realistic time frame but from what ive learned so far i think it is plausable.
correct me if im wrong, but when it comes to trading, the more you simplify things, the better. i dont know of many people who use 5 indicators at the same time for example. most people just use 2 or 3 (from my experience). this is what is appealing to me about trading. however, mastering a chosen technique is time consuming, and certainly overcoming mental obstacles is tough.
FYI i am using stop loss/limits when i trade now to help me overcome the emotional side of trading. i am just looking for guidance on how the successful traders have gotten where they are. (did they just quit their job one day? etc etc)
i like working as a lawyer however i just dont see myself doing it for the next 40 years.
Yes, I can relate to that - I canât see myself drilling teeth for the next 35 years eitherâŚ
A seven year horizon sounds very plausible.
Canât answer the pro trader question as Iâm not one of them (yet).
Hi,
After copying it in the indicator folder. Did you shut down and reopen MT4 ? If so do you find the starc bands listed under âCustom Indicatorâ. If you do see it, did you drag and drop it on the chart ?
Regards,
Muthu.
Chennai, India.
thanks for replying Muthu
Yes I did drag it closed it and opened it again. But the chart is just showing two outer bands unlike the charts I see posted here. Any idea where i have gone wrong?
regards
joche
I will second that!!
One really important concept you definitely should pick up from him is the PCI stop loss, thatâs Power, Computer, Internet stop loss. Donât trade without it, or youâll be sorry sooner or later. That will hopefully save you 1500$ next time.
I will second that too!!
To [B]incheb [/B]:
Welcome to the trading group from Perth, Western Australia!!
We are the largest single trading group on this forum!!!
I will add your name to the Perth thread that I have created.
You will see it under Newbie Island.
Yes, I will agree with that!!
That is why there is a strong emphasis on naked trading on this forum - trading with no indicators at all.
3 indicators at the most - 5, I consider too much - you are not allowing for use of your brain.