Darkwarden's Posts

Forex Trading Psychology: Levels of FEAR in Experienced Traders Jan 11, 2022 at 18:55

Awesome article actually. I believe that fear is the most important part in trading which have to be overpassed. You can easily overpass the stages which include gaining knowledge, skills and experience, finding a broker and so on so forth, but whta will be really difficult for a new trader is to overpass levels of fear. The very first level new traders face after they join trading activity. They're afraid of depositing money because they are tend to suppose that they will be cheated. The second stage of fear is to be scared of moving fom demo to real account. The first deal drives you cra...

Arrogant advice in New Traders Nov 24, 2021 at 07:32

I personally can't agree with your words because trading is an art. If we will think that trading is created just for gaining money from people, then probably you will never be suceeded in any kind of activity. Trading implies patience, experience, knowledge and skills. Only due the combination of these factors you can really reach succees in trading.Nobody promises you bunch of money just shortly after you enter trading activity. It requires several years of every day trainings in order to start earning solid sums. No doubts, that you firstly will lose everything you have, but in future y...

How to choose a regulated forex broker? in General Oct 29, 2021 at 09:41

There is nothing difficult to choose a regulated broker. As a rule, brokers always publish this information and they don't try to conceal it actually. In my opinion, if you faced a broker which conceal this information, then you can make conclusions, that you have faced a scamming broker, but not a reliable one. If you faced a brokr which doesnt have any regulations, then don't hurry to make conclusions. There are some brokers which have no regulations, but they're considered to be reliable. Here you should check the work of a customer support and the mechanism of withdrawing/depos...

Most traders don't get success in General Oct 20, 2021 at 16:28

I totally agree with the idea that the main reason for failures is misconception of the newbies about what trading really is. Successful trading presupposes much learning and practise. Not all of the people are ready to spend so much time on analysing the charts and news, so you will more likely to be a success on the market if you are really interested in trading. However, if you think that trading forex is easy and it doesn't require any efforts, you'd better stay away from this activity as you will definetely lose lots of money with such an approach.

help for be a good programmer in Programming Aug 31, 2021 at 12:13

Free code camp is a fantastic resource for the beginners. Very informative and their projects are out of the ordinary. Highle recommend.

Having a mentor in General Aug 26, 2021 at 13:46

In my opinion, if we speak about such topic as having a mentor in trading activity, then I suppose that beginners shouldnt have a such one. There are plenty of reasons, but the main for me is that if you will do everything by yourself you will assimilate infpormation much faster and it will be very useful for you. Mentor are similar to teachers at school, nevertheless trading acitivty is such a thing where you don't need to have a teacher, because your personal experience really matters a lot here. When you will be explained everything by your mentor, you probably will assimilate less info...

Olymp Trade in Brokers Jul 12, 2021 at 22:24

I trade gold, USD/JPY, and Bitcoin with this broker. I do my best to spot the very beginning of each wave and it’s much easier to do this on their web platform. I do it using a combination of trades with smaller multiplier leverages and fixed amounts. Perhaps, you might have guessed how I do this.

Those who can't learn will be eliminated by the market in Experienced Traders Jan 18, 2021 at 15:57

This is a job that also requires tremendous knowledge and constant practice. But in my opinion, the same is required in any job. Am I wrong?

Learning Forex is critical in General Oct 11, 2020 at 17:56

All knowledge usually comes with experience, that's why I advise traders to take their time and try to learn about the market and its regularities as much as possible...After all, this is what allows finding a way out of any situation.

90% are loser ..why ? in New Traders Sep 07, 2020 at 16:57

I believe that such a large number of failed traders is due to the fact that newcomers are very greedy and take trading as a casino, not realizing that it is a structured system in which the experience and skills play a significant role. One should understand that nothing is easy, and one should make a lot of effort in any profession, including trading.

Tools to trade. in General Jul 16, 2020 at 13:53

The trading tool that I use is stop loss. That I consider to be very important in trading. I need to know my limits and make sure that I do not trade too much with high risks. It goes a long way in ensuring that I achieve just that. Do not take this tool forgranted if you are a new trader

Set you target and goal in New Traders May 30, 2020 at 13:48

We can say anything, but the most important thing in the market is of course profit, money. So all we do is to make profit and qualitatively multiply our capital. And what ways do you use for that is the second question...

There is no short cut way. in General Apr 19, 2020 at 13:43

The problem with this advie is that when most people join forex they never know exactly what it is all about. Tey caome in expecting to make a lot of money from it. You can identify with me that in the forex ads. The people in them always win. Not once do they lose. Even if they lose then they do not look alarmed. A person who has never been in forex might get the wrong idea. They think it is a very fast way to get money and they are wrong.

HBFX Markets Ltd. in General Apr 08, 2020 at 18:08

It is pretty obvious that the broker cannot be trusted. Every broker has a review to dtermine whether it is good or not. If the broker lacks reviews then you can always ask other traders in the forums. They have probably come a croos the broker and know a thing or two about it. Never choose brokers without assurance of their reputation.

Beginner's Tips in New Traders Feb 12, 2020 at 17:35

A newbie should spare no time with his education. Only knowledge will help you to understand all the nuances of trading and learn to find profitable situations faster. And yes, you will always have to do it. It's true. But believe me, the result will meet all your expectations.

Brokers ban deposits from Neteller/Skrill in General Feb 05, 2020 at 18:20

Then so be it, it's very bad practice anyway no matter how do you preach it lately. Can you please make it possible clearly and totally. I do assume that we need to get going with it. I do not realise what does it means that they denied it but so be it.

TeleTRADE in Brokers Feb 04, 2020 at 20:27

I'm 3 years with them, no luring was noticed :) Maybe, you just have made wrong decision and blown up your deposit. If so, don't give up and just know that there are minor fails in life, but you should aim to becoming better. Otherwise, if you claim that it's broker fault, I think everyone are interested why you don't give a claim to CySEC, TeleTrade is 100$ regulated, so common.

1:200 leverage in New Traders Dec 31, 2019 at 14:53

1:200 leverage is okey and enough for most trades, so there is no reason to seek for higher, as higher leverage may be harmful for your trading, as you can blow up deposits in a moment...

TeleTRADE in Brokers Dec 11, 2019 at 16:19

I've been trading with Teletrade since 2017 and had a positive experience on both standard and professional accounts. I used standard first, cause it's got fixed spreads. For some reason I was afraid of floating spreads. But it turned out later that European trading session is not that volatile. I'm normally over with my trading by noon, so when american session with its crazy volatility starts, I'm already out. So for my trading style professional account with lower floating spreads is definitely more favorable. I'd also recommend taking a closer look at their synchronized...

What Are Your Golden Rules? in New Traders Dec 09, 2019 at 19:06

The most important rule, which always helps in trading, is to keep statistics. And it is necessary to record not only profit and achievements, but also assets that have been used today, strategies, time, failures and so on. Maybe it sounds too difficult, but just when I started to adhere to such a system, success and stability came to my trading. And to be honest, I am ready to spend a lot of time on it, the main thing is to make money. By the way, as far as I know, a lot of traders also control the statistics in order to analyze the periods when it turns out better and when it turns out worse...

EURUSD	1.03646	GBPUSD	1.25404	AUDUSD	0.6254
USDJPY	157.653	USDCAD	1.4359	USDCHF	0.89881

Posts by Darkwarden