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Posts by
Anayadora
Most people become unrealistic
in
General
Jan 22, 2022 at 13:47
Well, it's a really spread issue within trading community. Sometimes new traders believe in themselves more than professional traders. Everything because they heard that trading is something about easy money, while in fact it's not like that at all. Trading implies bunch of hard work and it means that there is no easy money at all. Everything that new traders might earn is 20% plus to their deposit within a month and this result is amazing one. Mainly because new traders as a rule lose their money, because of this over-self-confidence. It's cool that people are confident, however i...
Help me learn technical analysis
in
General
Jan 21, 2022 at 18:54
The best way to learn technical analysis is to gain a solid understanding of the core principles and then apply that knowledge via backtesting or paper trading. Thanks to the technology available today, many brokers and websites offer electronic platforms that offer simulated trading that resemble live markets. The matter here is never give up and always strive to gaining new knowledge. Technical analysis is very vast and it is required attentive learning I guess. So if you will learn hard and of course practice hard, then it will be easy for you to find out everything about it.
Money Management Systems.
in
General
Jan 20, 2022 at 20:57
I believe that money management is really considered to be a significant thing. Some traders prefer not to pay attention to money management as well as risk management, however the matter here is to pay attention to thse things as they are really important. I prefer calculating various ratio, for example risk/reward daily. It helps me to understand ho much money I can afford myself in this particular day to spend and how much I'm going to earn. Some traders create this plan on a month, it doesn't matter at all. The system which I comply with includes 1:3 ratio of risk/reward and it...
When to stop.
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General
Oct 19, 2021 at 19:19
Setting a stop loss is quite an individual thing. The only I can say is that it shouldn't be too narrow, so that it will work due to some minor fluctuations, and it shouldn't be too wide, so that you'll lose too much. All the details depend on your trading style and trading strategy.
Traders view
in
General
Oct 05, 2021 at 20:02
It is always great when hard work pays off. Success comes only due to lots of learning and practice, so, my congratulations on it!
Choosing a new broker
in
General
Sep 30, 2021 at 18:50
Traders usualy look forward to switching their brokers because of several reasons: current broker is a scam, commissions/spreads are very high, so that a trader gives the major part of their profits to the broker, a trader doesn't like tradig platform which is used by the broker, payment methods are not satisfactory enough, diversity of financial instruments leaves much to be desired.
FXCC
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Brokers
Sep 06, 2021 at 05:01
That’s a universal broker for me. With tight spreads and no fees, I can either scalp or trade in the long-term. I should say that the absence of fees is even more pleasant, especially if you have a lot of trades open. You can save a lot in this case.
Best forex demo account brokers
in
General
Aug 28, 2021 at 18:44
I suppose traders shouldn't choose brokers according to thia criteria. You know that demo account matters only in case if you need to elaborate a special strategy for your trading activity or edit it. Moreover, it's a good wy to practice if you're a rookie in trading and you're still learning fundamental things in it. Brokers always offer similar conditions on trading on demo account becaise it doesn't matter, everything you should have on demo is a good sum of virtual money in order to train your skills and no more. It's enough for you to trade on demo actually. Broker...
TeleTRADE
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Brokers
Jun 28, 2021 at 11:05
I, like many other traders, found out about this broker from TeleTrade reviews that were published on the forums.I can say that it did not interest me immediately because I thought there were not many assets - but then I studied it in more detail and realised it had everything I needed. So I can definitely build up a permanent investment portfolio that I can use for a long time. I was particularly attracted to the commodities and stocks segment.Another thing that I definitely liked is definitely low spreads, which start here on currency pairs from 1 pip or even lower - it is of course very pro...
FxPro
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Brokers
Apr 26, 2021 at 17:24
Creating your own trading strategy takes a lot of time and effort. You also need to choose the right broker! I chose FxPro and its demo account on MT4. Thanks to the broker's video tutorials and his demo account, I was able to learn how to make a profit and now I created a real account!))
best way to find is my best performing EA
in
General
Dec 23, 2020 at 09:54
Just remember that any robot/strategy/system has a specific shelf life and application conditions.So don't trust it blindly.Check everything.And change it as soon as it stops giving you what you need.
What requires
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General
Dec 08, 2020 at 10:42
The main thing is not to turn into a theorist.Only practical development of new knowledge is the way to success.And of course the analysis of results so that you can always correct your actions.
HYCM
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Brokers
Nov 30, 2020 at 17:36
Modern brokerage companies attract attention with various unusual services and some special offers, which as if give an opportunity to earn without knowledge and without special efforts and without stress. Yes, it sounds great, and many people believe in it and then wonder why they do not succeed. And this is certainly the most difficult and doubtful moment in our business.That's why I treat this company with such respect, because here they try to form an attitude to trading as a business, as a serious process that requires knowledge and constant practice.And this is what hycm reviews talk...
Arbitrage Trading EUR
in
Trading Systems
Nov 23, 2020 at 20:50
A good advisor is a great addition to your daily work. So do not miss out on opportunities if it really catches your attention.
Learning Forex is critical
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General
Oct 25, 2020 at 11:20
The market is a huge number of opportunities, and you will obviously be able to cope with it if you understand what you're doing.The main thing here is motivation, desire and calm attitude towards your own problems and mistakes.
FX CAPITAL
in
Trading Systems
Sep 17, 2020 at 17:53
Anyway, you should understand that 100% is not an achievable figure, not because they want to deceive you, but because the market always offers surprises and there is always room for speculation and some unexpected price bursts.
AAFX Trading
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Brokers
Jun 23, 2020 at 22:50
Hey, Kasidall! I agree with your opinion about the aafx broker. I also looked at the trading conditions at registration and they stood out among the conditions of other brokers. All you wrote about - trading platform, spreads, technical instruments - I also appreciated it all. That's why I've been trading with this broker for a year and I felt how much I've grown this year. It was awesome experience)
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