LiteForex - take your first step to financial freedom

This is a discussion on LiteForex - take your first step to financial freedom within the Forex Brokers forums, part of the Trading Brokers category; Originally Posted by Irochka19 darn, how dont you understand i wasnnt going to sell. your made this stupid mtatrader not ...

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Old Dec 1, 2009, 7:29am   #81
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Originally Posted by Irochka19 View Post
darn, how dont you understand i wasnnt going to sell. your made this stupid mtatrader not me. nothing can be understood from it. 4 days gone and i’m loosing 200 usd. I can see now why everyone says you cheat
Daer irochka19, we are sorry for the problems you've faced lately, but let's clear up a few things. First of all, this is not LiteForex who made and invented MetaTrader Platform, but it's MetaQuotes Company.
Secondly, in case you've made such a mistake you should have closed your position, not wait for four days till it's getting worse.
From now you can only open new position to counter your former loses
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Old Dec 1, 2009, 7:36am   #82
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Default Re: LiteForex - take your first step to financial freedom

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Originally Posted by irochka19 View Post
darn, how dont you understand i wasnnt going to sell. Your made this stupid mtatrader not me. Nothing can be understood from it. 4 days gone and i’m loosing 200 usd. I can see now why everyone says you cheat
irochka19.........

stop "trading" immediately.
close your open positions (call your broker if you do not know how to do this).
You need to trade on paper for many months and years before placing your first real trade.
There are many websites that offer demo accounts - get your trade direction wrong on these because it will cost you nothing.

Last edited by D70; Dec 1, 2009 at 8:24am.
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Old Dec 1, 2009, 8:20am   #83
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irochka19, D70 is right. Forex requires much experience.
For you to train there;s some piece of latest market news:
On Tuesday, December 1st, Forex market again shows growth of the European currency against dollar. The heated debates on Dubai World problem gradually ended, and though negative influence still remains, risky currencies are in demand again thanks to increase of liquidity which ECB and other banks continue to pump up in the markets. Nevertheless, experts consider this dynamics quite sceptically. In general, the macroeconomic image remains the same. Only some sectors of economy show growth, however it is caused by the governmental support, there are no real investments in the economy. At the same time, fears concerning next steps of policymakers towards current monetary policy. It is quite probable, that the situation with Dubai Worlds can occur once again, and that in the future some other company will request for financial help in order to settle of multi-billion debts.
Meanwhile, macroeconomic data came out, in general, according to expectations. The reserve Bank of Australia has raised interest rate to 3.75%. Volumes of retails in Germany have shown planned growth by 0.5 %. The Rate of unemployment in the Eurozone in October has risen to 9.8%. It is likely, that current ascending dynamics of euro will remain up to Thursday when the next portion of the important data among which gross national product gain in the Eurozone for 3 quarter 2009, unemployment in the USA.
However, it does not mean that we provide analytics that will help traders to make profit
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Old Dec 2, 2009, 4:15am   #84
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European stock platform finished the first day of winter increases on 1,5-2%. Novelty "number one" was the improvement in public funds Dubai World, which began negotiations with creditors. Statistics also did not disappoint. For example, China has a dynamic industrial growth. Investors are now waiting for an increase in demand for commodities, so the price of oil went up. In London, the cost of a barrel of oil Brent went up to $ 79. Not lag behind and gold, which met in December a new record - $ 1200 per troy ounce. A very American currency - in free fall: Euro entrenched above the 1.51 dollar mark.
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Old Dec 3, 2009, 4:42am   #85
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OMG, eur is 1.5100 now. how long must i wait for it to go down? why have I got myself into this? this game is not for me, i wanna quit. who knows what i must do now - buy or wait?
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Old Dec 3, 2009, 4:59am   #86
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Well for now you get it right that you have to options =))
what's yours - up to, i'd suggest closing position (in case you are so disappointed with what's happening), but in long term run you van wait till dollar rises - it will happen someday despite the fact that euro is still strengthening
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Old Dec 3, 2009, 5:02am   #87
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Irochka19, if i were you i'd wait and see, cuz some day dollar will get what's his, you know, despite the strong euro
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Old Dec 3, 2009, 5:19am   #88
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Originally Posted by Irochka19 View Post
OMG, eur is 1.5100 now. how long must i wait for it to go down? why have I got myself into this? this game is not for me, i wanna quit. who knows what i must do now - buy or wait?
If your loss is too much to bear and creates "rabbit in headlights" syndrome - reduce or cut immediately. Live to fight another day.
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