Mirakelv's Posts | Myfxbook

EURUSd prediction monday in New Traders Sep 01, 2022 at 11:47

Thanks for the tips.Sometimes it's a message like this (just in time!) that can help.

Essentials of success in New Traders Aug 19, 2022 at 19:11

Success is always a combination of factors. The quality of your work. The size of the deposit. The current market situation. And even luck (although it's not the most important of course), but still...

Olymp Trade in Brokers Mar 10, 2022 at 08:36

I’m new in here. I have mostly learned educational materials and practiced with the demo account. Support helps a lot. By the way, I’ve heard that there’s a welcome bonus with the first deposit. Are there any conditions to get this bonus?

money manage and leverage in New Traders Mar 05, 2022 at 19:27

Of course, most system os money management doesn't imply trading with leverages, however as far as I am concerned, some traders include leverag trading in their money management strategies. Everything because money management just implies how much money you can lose without any hesitation. Of course, it also implies how much money you can devote to the particular position and so on so forth. However, I believe that new traders have to avoid leverage trading because it's just the easiest way to lose all the money for them. Professional traders can either use leverages or ot, it's up...

Don’t Let Your Emotions Dictate Your Forex Trading in New Traders Mar 03, 2022 at 19:18

It's true, but sometimes it's very difficult to control emotions in order not to let them dictate me. It's a primary goal actually for all traders who want to learn how to control emotions and how to remain wise and rational. In my opinion, the main here is to understand that trading is all about rational approach and there is no need to express emotions. They will always distract and interfere in your thinking process. Nevertheless, sometimes you can show your emotions, but they have to be predominantly positive, because positive emotions increase your mood and help you to handle ...

FxPro in Brokers Jan 30, 2022 at 05:31

The most important thing for me is that this broker is completely legal and I can trust my money.I realized this when I checked 4 licenses of the FxPro broker and also found out that there is a cTrader trading platform that does not allow the broker to trade against a trader or change quotes.This is great news!

Broker in General Jan 15, 2022 at 13:41

I guess you have to search in the internet for a proper broker according to your request. Of course, people around here can easily advice you some brokers, but the amount of people equal to the amount of brokers you know, and it will be easier just to google required conditions in the internet and choose a broker, based on your requirements.No doubts, that people are tend to believe in something that might have been said by other people, who are considered to be professionals in particular sphere and it's okay. But if you will apply to the internet you will spend less time searching for a ...

What safety measure I need to take before choosing any forex broker? in Experienced Traders Nov 11, 2021 at 08:26

The main safety measure is to convince that your broker might be considered as a reliable one. I believe that there are sveral ways how to determine a proper broker. For example, I always chekc three main things in my opinion, which can determine whether a broker is reliable or not. These things are the work of customer support, processes of withdrawing and depositing money, and the presence of regulations and certifications. I think you have to check these things before pick a particular broker as your primary, maybe it isn't the same as you got used to think.

For trading discipline is a must in General Sep 25, 2021 at 15:42

Discipline is the key to success. Even if you know the market perfectly well and your analyses are accurate and precise, you have fat chances of losing everything if you trade with emotions. Discipline is something which is essential for profits and psychological well-being.

Why not trade your own money? in New Traders Sep 01, 2021 at 19:37

Trading other people's money can be benefitial, but you should take it with care. If you are new to trading, then you'd better steer clear from this idea. You should make your own trading strong and consistent first, and only after it you can make a kind of a mutual fund. This idea can bring you more money, if you know what you do. The bigger your deposit, the bigger profits you'll get.

What works? in General Aug 04, 2021 at 19:23

Everything works and nothing works at the same time. All of indicators and oscillators have the right to exist but they give the wrong information or we tend to interpret the information in the wrong way when they work solely. The best way to use indicators in trading is to use the combinations of them, so that signals of one indicator will be proven by the signals of some other indicators.

FXCC in Brokers Jul 14, 2021 at 12:29

The FXCC brokerage offers awesome conditions for algorithmic and manual trading. Margin requirements for gold and silver CFDs are very low while spreads are tight and floating depending on volatility.

NanoTrader in Trading Systems Dec 07, 2020 at 08:40

Well, the leverage seems to be not huge, but not small, here you need to immediately assess whether this format is suitable for your capital.Still, the risks haunt us even if we use something really great.

High Leverage in General Oct 30, 2020 at 11:15

If you are an experienced forex trader then you can definitely trade with high leverage because it guarantees more earning as much as it also guarantees a lot of losses if the trade doesn't go your way or as you expect it to go. You therefore have to think real good about it.

Can you leave Forex Trading? in New Traders Aug 31, 2020 at 18:39

It all depends on whether you make money on Forex. If trading brings you profit, then why throw it away, especially if trading is very comfortable for you. This question is more suitable for people who, without understanding the trade, started trading in a real account and now are constantly in losses. For such people, I can advise you to pay more attention to the demo account, test new trading strategies, and gain more experience. This will surely help them avoid losses in the future.

Why people lose money in Forex Trading? in General Jul 15, 2020 at 21:33

I agree the beginners who come to trade on forex think they'll be sprinkled with mountains of gold. Because of their self-confidence and inexperience, they lose all their initial capital and get disappointed. They cannot initially understand that trading is quite complicated and that it takes a lot of effort to make a profit. Therefore, I advise all beginners to open a demo account and feel the principles of trading.

Fondex in Brokers Jul 06, 2020 at 14:12

I've read some Fondex reviews before trading with this brokerage, so that was 100% reasoned choice. In general, most brokers are now too similar to each other, but Fondex stands out and offer clients unique features that weren;t offered by its competitors.Firstly,a cTrader trading platform. The platform offers excellent charting and technical analysis capabilities for most traders. By default, there are about 60 timeframes, 9 charts types and over 70 indicators. You can also create your own indicators and algorithms, as well as cBots.Secondly, these are low spreads, which are really lower ...

Are there any trading platforms designed to trade multiple accounts ? in Experienced Traders May 30, 2020 at 17:31

I don't see much point in it, I think it's much more logical to keep the money in several different companies - so it would be much safer, and if you keep all the money in one place but in different accounts, it doesn't make any sense at all.

Demo Accounts - Which ones stay open with no recent trades? in General Apr 26, 2020 at 18:18

You have clearly got yourslef involved with the wrong kind of brokers. They sjhould not close your demo account just because no trades are happening. These kind of brokers usually have a secret agenda behind their demo accounts. I am afraid that there is no way you can escape this, It is going to happen no matter what.

Emotion in Fx in New Traders Apr 18, 2020 at 14:47

That's very important cause you need to remain calm no matter what possible and absolutely. Cause if you will do some other actions it very negatively will reflect you anyway on many possible reasons entirely. I do want to please;)

EURUSD	1.05265	GBPUSD	1.26077	AUDUSD	0.6456
USDJPY	154.322	USDCAD	1.40888	USDCHF	0.8882

Posts by Mirakelv