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  • Page 2 of 2 FirstFirst 12
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    1. #21
      chuna1985 is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      Using 2 different ISP`s is not really a bad idea if we are big time traders in the forex trading market. It is better to have strong connection no matter how much it costs us than to have a weak connection and get trading inconsistencies because of it.

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    3. #22
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      Re: What effect does a weak internet connection have on forex trading?

      Quote Originally Posted by chuna1985 View Post
      Using 2 different ISP`s is not really a bad idea if we are big time traders in the forex trading market. It is better to have strong connection no matter how much it costs us than to have a weak connection and get trading inconsistencies because of it.
      wow that is a good alternative if ever one of the connection is down you can use the other one the big disadvantage would be additional cost that you pay in a month where another money is needed to pay for it. if we have no choice we can pay a little money when using the net in mobile as in my case find a suitable wifi connection it would be bad if you did not put stops on the trade a big effect on the account.
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    4. #23
      chuna1985 is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      @ Nehmer : You are correct that it will bring extra costs to our monthly internet access payment. But it is better to have internet 24 hours as a forex trader and pay more money for it than to have one and have network problems and spoil your trading month.

    5. #24
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      Re: What effect does a weak internet connection have on forex trading?

      Quote Originally Posted by chuna1985 View Post
      Using 2 different ISP`s is not really a bad idea if we are big time traders in the forex trading market. It is better to have strong connection no matter how much it costs us than to have a weak connection and get trading inconsistencies because of it.
      Yes, that was good to have backup internet connection because condition in forex market could be so fluctuative and if we didn't make preparation and then suddenly the internet connection is disconnected, our risk is high especially if you didn't set risk management yet. I ever experienced it and the result, I got instant Margin Call only because of internet connection

    6. #25
      chuna1985 is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      @ Andry777 : What you had was not poor internet connection only, you also had high lot size trading. That was why within a short moment, your trades went to margin call. We must set our orders perfectly so that in case of any ISP problem, your sl or tp could still be hit.

    7. #26
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      Re: What effect does a weak internet connection have on forex trading?

      Quote Originally Posted by chuna1985 View Post
      @ Nehmer : You are correct that it will bring extra costs to our monthly internet access payment. But it is better to have internet 24 hours as a forex trader and pay more money for it than to have one and have network problems and spoil your trading month.
      yeah you can always get free internet in cafe, mall or in school if you have been disconnected in forex trading. weak internet connection really bothers us since we need to be updated all the time on the price if your net is weak then expect a loose in forex.
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    8. #27
      andry777 is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      Quote Originally Posted by chuna1985 View Post
      @ Andry777 : What you had was not poor internet connection only, you also had high lot size trading. That was why within a short moment, your trades went to margin call. We must set our orders perfectly so that in case of any ISP problem, your sl or tp could still be hit.
      I don't know if my lot size is high or not, maybe too high but I got MC because I opened position first, I setted SL and TP after I got price, that was my habit. I did that because I wanted to get better position and the connection is disconnected when I didn't set SL and TP yet. Besides, it's not short moment when my internet is lost connection, it was about 8-12 hours.

    9. #28
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      Re: What effect does a weak internet connection have on forex trading?

      Forex trading is a real-time based business investment. Currencies' values of selling and buying change so fast. It is advisable to have an updated real-time software monitoring your forex investment using special software that needs fast internet connection.

    10. #29
      sarakhan is offline MTV Rookie
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      Re: What effect does a weak internet connection have on forex trading?

      Weak internet connection have a big effect on the forex trading because forex trading is an online business and if weak internet connection, no one can get success in this business because its totally depend on internet.

    11. #30
      dkarev is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      Weak internet connection is only make you loose your money in forex trading because you wouldn't the actual market information and update which is needed in forex trading. Have two internet is not a bad idea but costly. Can you realy make enough return paying for 2 internet connections.

    12. #31
      sarakhan is offline MTV Rookie
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      Re: What effect does a weak internet connection have on forex trading?

      the slow internet have great effect on forex trading because forex is online trading and if the internet is slow then how you can deal with this business at proper time if internet slow then your work will gonna slow then success is not possible as you think.

    13. #32
      noor is offline Banned
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      Re: What effect does a weak internet connection have on forex trading?

      I think if your connection is slow so you will not be able to predict the changes in price which changes very frequently. Selling and buying of currencies are set very fast and if your connection is slow so further changes my also be occurred before your order is originally done and accepted.

    14. #33
      donjaz1 is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      The effect of a weak internet connection is really of complex effect cause forex trading real deal alot with internet connection in other to be update quickly about the moving up and down of the market.meanwhile weak connection lead to loose in trading.

    15. #34
      segiade is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      Weak or slow internet connection affects the trading of forex abysmally, it could even cause the record of loss as immediately you are supposed to place a stoploss and you cannot or that network keeps loading and loading, by so doing it will result into loss.

    16. #35
      donjaz1 is offline MTV Senior
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      Re: What effect does a weak internet connection have on forex trading?

      There are alot of mistake that we new traders or nowadays trader like doing in which lead to loose and we will keeping on blasting the market that is not profitable.
      In which part of what we like doing is trading with mobile phone in which we all understand that it occur due to the improvement in technology but mean while it have low internet capability than our pc there for we should avoid trading with phone in other to gain best internet connection.

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