Poolut's Posts | Myfxbook

Olymp Trade in Brokers Sep 27, 2022 at 05:44

Where has Olymp Trade been all these years? I feel like months ahead in my learning curve already!Especially the community support they offer! Essentially: - Puts you in a huge informational advantage over so many traders.- You can bounce off ideas of each other.- Discuss trading strategies and whatnot- Learn how to lower your trading costs.Very beneficial environment.

Money Management Systems. in General Jan 13, 2022 at 20:49

Traders use various money management systems and all of them are useful I guess. The main idea of money management is not only saving money and deposit, but also learning how to operate with money. If you are trader you have to know how to interact with money and how to distribute deposit wisely. The more time you dedicate to the process of learning how to interact with money and how to distribute it, the more chances to be successful you have actually.No doubts, that there are some traders who don't know how to manage money and thus it leads to upleasant consequences, however all of them ...

Most people become unrealistic in General Jan 13, 2022 at 19:25

It's true. I believe everything because forex trading is advertised as the easiest activity for earning money and mainly brokers do it. Nowadays, there are lots of opportunities to make money in the internet and actually forex trading is considered to be one of the most hyped activity. That's why people come into trading and believe that they can make millions of dollars daily. However, it's not like that at all. There are no traders who would earn 100% to their deposit in the very first days. It's okay to earn 20-30% to deposit per month, but this result can be reached only du...

Dogecoin in Crypto Nov 11, 2021 at 07:56

Doge nowadays is still considered to be a perspective crypto, however it is in a strong dependance from bitcoin and Musks' statements. That's why it's very risk to trade doge today. It loses its advantage which it had in the past, but there are some chances that it will start rising again. Some of the analysts claim that it can easily rise up to a dollar, but I doubt that it will happen until the end of this year. The only hope is on altcoins, which are considered to be much more perspective in the next years. However, everybody decides by himself whether trade doge or not.

Confidence is very important in General Oct 20, 2021 at 16:37

It's kinda difficult to imagine trading activity without confidence. If you're not confident, then it probably can lead to uneplasant consequences such as blowing deposit and something like that. I guess that confidence can be also developed during trading activity. If you understand that you're lack of confidence, then just try to overcome it. It's not easy, but you should dedicate some time to it. Less-confident people always make some serious mistake because they start raging and stop control their emotions. When you're confident you can rationally evaluate the situation...

How much should you invest in trading in Experienced Traders Sep 15, 2021 at 19:37

I believe that people have to start from any sum of money actually. There is no difference, if you want to start from 100$, then you can start from this sum, remember that you should check the conditions on depositing from your broker. If you have 1000$ and moremoney, then you can also start from it. The logic is pretty easy, the more money you invest, the more potential income you acquire. Moreover, there are some other factors which affect your potential income, remember that you also are able to lose all this money, be ready for this and never give up, because once you give up you get nothi...

cTrader in Trading Platforms Jun 21, 2021 at 20:20

When I started using it - I had some doubts.But over time, I realised that it really works and it really has everything I need for my day-to-day work.I consider myself really lucky. And I wish everyone the same.

FxPro in Brokers Dec 22, 2020 at 20:34

It depends on where and what instruments you trade in FxPro. If you're more interested in trading currency pairs, metals, or energies, cTrader is perfect. It has built-in signals with the ability to highlight key levels on the chart. There is also an economic calendar for each asset separately.If you are interested in futures, pay attention to MT5. There are no futures in cTrader. But in MT5, they are available, and there are also many features for technical analysis.

.DE30. .US30. in General Dec 09, 2020 at 09:54

I think it will not be a big problem.I wish you good luck with it, if it will be your big experiment.

High Profit Robot Ea in Trading Systems Oct 12, 2020 at 17:18

Well, of course you can check with a small amount, but with such a leverage you obviously need more capital for permanent work, otherwise it's just not safe, I would not advise to work like this!

Perfect Score in Trading Systems Sep 01, 2020 at 17:17

I congratulate you and hope that your next results will be even more attractive. You can see that you have done a tremendous job and these are the results of your knowledge and experience. Next more!

Fondex in Brokers Jun 08, 2020 at 16:31

Hopefully my experience can help someone else. I started trading just a few months ago. Dispite the favorable spreads and other fees (compared to competitors) I didn't manage to make any money at forex. cTrader turned out to be rather intuitive and easy to workk with. I also didn't manage to see the catch in quotes and executions to blame it for the failure. Yet, I've lost like 20% of the deposited amount and has to withdraw the rest untill its too late. Broker did the withdrawal fine, no objections on their side, which is probably the only positive thing in the whole story.

Journal; Need help in New Traders Jun 04, 2020 at 16:10

Hey! That sounds great to me that you want to make your own trading journal. It's a little tedious but very useful. Your trading will be much better with this journal than it was without it. You've got my full support, it's a good thing. Good luck to you! :)

What type of trader you are? in General Jun 03, 2020 at 16:21

Both strategies seem to have their advantages to me.Short-term trading is suitable for people with strong nervous system, good self-control and endurance. In this type of work it is important to make extremely quick decisions, quickly get a result that is not always positive. At the same time, in theory, this style is the most profitable. But long-term, investment trading is practically impossible without knowledge of the fundamental situation. Since you should choose daily charts for this type of work, such trading will take no more than half an hour per day. However, you can see the first re...

How to choose a regulated forex broker? in General May 30, 2020 at 15:56

If the broker is regulated, you will see all the documents with all the confirmations, etc., which can be checked through official sources. And you just need to be more careful about what you use and how.

Beginner's Tips in New Traders May 01, 2020 at 13:39

I feel the same way about newbies. A lot of them come to the forum and they're like, "Oh, how do you do stuff here, give me some advice!" And you don't even know what to write back to this question. Yes, when they ask some general questions, that's great. When they ask questions like "What leverage do I have to choose" or "How much money do I deposit", it's just something... It's like they don't understand that there are more personalized questions, that more difficult to answer without knowing the information about the trader himself.

Demo Accounts - Which ones stay open with no recent trades? in General Apr 12, 2020 at 18:38

Not sure what you really mean here, you should be able to trade in demo account on an infinite mode and that's really it no matter what absolutely and possibly. Thanks for letting me know all that stuff clearly. I didn't even assume.

Investing in Forex in General Mar 12, 2020 at 17:18

Try your hand at the demo to see how interesting and promising it is for you. And don't worry about the fact that you may have some difficulties and questions, there are a lot of people who can share their experience with you or help you with useful advice, so don't worry, I think you will like it.

AAFX Trading in Brokers Nov 30, 2019 at 17:59

This is a pure pleasure to trade with a normal brokerage. The one who tried working with a few will understand me. I don't need superior service, personal manager or whatever else they offer for VIP clients. But I want my commissions to be kept at reasonable level and I want to get fast and reliable executions. Isn't it that difficult? AAFX was the first brokerage to fulfill these two of my expectations in full. As a bonus I get awesome leverage opportunities and some bonuses such as participation in referral programs.

EURUSD	1.07693	GBPUSD	1.25236	AUDUSD	0.66032
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Posts by Poolut