Wrathdragon's Inlägg

Is Risk Management More Important Than Finding Perfect Entries? på Allmänt Jul 28 at 08:24

Oh absolutely, perfect entry is only important in scalping. For other trading styles, you can be a bit off and it won't impact your RR.

As a Beginner, Is It Better to Learn on a Demo Account First? på Allmänt Jun 30 at 06:09

It’s not a recommendation, it’s actually a must to start from a demo account. You need to see what real trading looks like, practice execution, and understand your broker’s trading conditions. Now, it’s possible to open a demo in 5 minutes for free, so I’d rather use this opportunity. But one important thing to mention is that your demo trading shouldn’t last for months. 1-2 months for getting used to the process of trading and then straight to live account, where the fun part begins…

EUR/USD slumps to new yearly low below 1.1350 på Erfaren Traders Jun 30 at 02:45

True, but even this level is high compared to where the price was last year. I think till the end of the summer, we will have a downtrend on EURUSD. Btw, during summer US Dollar always gets stronger

Are we using SL Tool right? på Nya Handlare Jun 25 at 10:24

For me, I think I perform best when I don't touch it. However, there are times when I can see that there's high chance of it being hit, I just cut back my losses a bit.

Notification when there's no open trades? på Nya Handlare Jan 13, 2022 at 20:56

I think the better option is to get notifications when something interesting happens on the market, for example, high volatility or some assets were sold or bought in huge amounts. In this case traders will be able to evaluate the whole situation and make decisions. No doubts, that there are some platforms and brokers which offer such a function, however the vast majority of brokers don't have such functions. It will be really useful. It saves the time of traders and they don't need to monitor the news, expecting something. They will just get a notification and will understand that this tim...

How long should I start to trade after studying? på Nya Handlare Jan 13, 2022 at 19:41

It depends solely on your personal objectives actually. Not all trader start from trading on real account right away, the vast majority prefers to stay on demo for particular period of time and only then they start trading on real accounts with their own money. I believe such approach is the most wisest, becaude demo account clarifies you all the pecualirities of trading activity and on this stage you should decide whether you continue develop your skills and move to real account, or you leave this activity. I'm convinced that there is no such a notion as "how long", it should be transforme...

What is your Hobby ? på Nya Handlare Nov 11, 2021 at 08:04

I'm not fond of music production, however I am a true meloman. I like listening to music, even if I'm busy with trading. It doesn't distract me, otherwise, it brings me lots of energy. Moreover, I like to study economics and this thing is very important in case we speak about trading activity, because if you don't know basic economic things, it perhaps will be pretty difficult for you to run successful trading activity. The basic knowledge include notions demand and supply, GDP and other notions. I believe that economy is a very interestin fild to study because it's very vast.

Newbie wannabe Trader på Nya Handlare Oct 29, 2021 at 11:18

I'm always delighted when I see new traders who are passionate about trading activity. As for learning, then there are lots of resources in the internet, for example, babypips offers quite interesting and fascinating course for new traders. There are lots of lessons around there, which you can pass and get basic knowledge in trading activity. Moreover, you shouldn't forget about practicing, then I advice you to find a proper broker in order to open a demo account and start practicing there. Remember that it may take enough time for you to learn trading activity, thus never regret about time...

Olymp Trade på Mäklare Sep 23, 2021 at 04:35

Before joining this broker I heard a lot of controversial things about fixed-time. Some people associate it with fraud and gambling. I tried this stuff with Olymp and can say that there’s nothing scary here. It’s quite possible to earn money by trading fixed-time. Afterall, I withdraw money earned this way without any problems. You should understand that fixed-time is a completely new thing. It differs from everything you might have tried in trading before, such as stock and Forex trading. Here you are expected to make a forecast within a set expiration period. It teaches to “feel” the mark...

FxPro på Mäklare Sep 15, 2021 at 04:40

It's not a bad broker, unlike most scammers, of which there are countless on the market now. I trade not very long, I chose only among the major brokers. For now I use MT4, but lately I am looking more towards ECN, I am thinking to switch smoothly to Ctrader. In general I like FxPro because of its good customer service, wide range of instruments and very good order execution.

HYCM på Mäklare Aug 24, 2021 at 05:14

I believe that brokers always should provide their traders with big variety of instruments in order to let them feel protected. Hence this broker offers lots of instruments, such as indices, stocks and futures. One note, which I want to make, implies unequal conditions which are provided by several types of account, however it can be a great stimul for traders.

FXCC på Mäklare Feb 17, 2021 at 19:50

Do you tax my earnings or charge any other extra fees?

Knowldge is important på Nya Handlare Dec 28, 2020 at 09:26

If you don't have knowledge in forex then you are just wasting your time. The reason why most new traders fail on forex xs because they rush things before they fully know what t do. You need to learn and the learning process takes time. Then again there is the training in the demo account which is still part of the learning. You've got to do both and at the right pace.

Real Pips Robot 3 på Trading System Nov 23, 2020 at 20:28

Hmm, not a cheap pleasure, I hope it really deserves attention.

fxtrends net and trendsfx us på Trading System Nov 13, 2020 at 09:23

Frankly speaking, I don't have enough information, one profitable trading session can't be a 100% guarantee that this approach is worthy of attention. I need more.

MAC Manual på Trading System Aug 16, 2020 at 15:50

It's a great result.It really sounds like a true performance.I hope that's not your last achievement.It'd be cool if you could describe your approach in more detail. Maybe it would be helpful...

Why people lose money in Forex Trading? på Allmänt Jun 19, 2020 at 19:26

Sometimes traders are a little bit excited and want to earn more at once, because of this they can take risks by breaking all the rules of trading. And the results of such trading lead to disappointment in the market. Therefore, it is worth to keep yourself in control and still try to act thoughtfully.

Do you like Binary ? på Nya Handlare May 06, 2020 at 16:07

This is what my friend told me about binary options: Ironically, the catch of the binary options system is availability. As stupid as it may seem, it really is. Anyone with even very small amounts of money can start investing in binary options, because the minimum amount of investment is very small. Of course, no one would refuse to make money on changes in stock prices of such giants as Microsoft, Google, Exxon Mobile, Apple, JP Morgan Chase, on fluctuations of gas and oil prices and precious metals - gold, platinum, silver, etc.

What Software to Record videos of Charts? på Allmänt Apr 18, 2020 at 20:01

I have used something like Camtasia and that was my plan entirely for everything, I am still can assure you it works wonders with many cases, so I am not sure why you are still not using it. You can find cheaper options in Google anyway.

Is FP Markets suitable for scalping ? på Allmänt Apr 16, 2020 at 18:47

They are definetly good brokers. What you need to identify a good broker is to do a background check. Do not only rely on other peoples opinions.. It is good if you find out on your own. There are several indicators that show bad brokers. Just find them out on the web. I am telling you this because some of these commnts may not be honest.

EURUSD	1.1613	GBPUSD	1.3521
USDJPY	156.246	USDCAD	1.3836

Inlägg av Wrathdragon