Garrian's Posts | Myfxbook

T4Trade in Brokers Apr 07, 2023 at 12:33

Spreads are good, especially if you follow the forex market schedule. If you are concerned about the level of spreads in your trading, then take a broker’s account with variable spreads and try not to trade during the news release, This way everything will be fine.

Intraday Trading is gambling in New Traders Nov 12, 2021 at 09:08

I don't think intraday trading can be compared with gambling, as well as scalping can't be compared with gambling. The whole trading activity has some distinguishing traits, which help people to differ trading and gambling. Often, gambling just takes your money and it's almost impossible to give it back, because your emotions control you in these cases and you start lose and lose. The same thing can be in traing, nevertheless there are much more chances to bring your lost money back, because the mechanism of market price movement is clear. In gambling you rely on luck an no more, t...

Risk management and position size in Experienced Traders Oct 29, 2021 at 10:48

As far as I concerned, position size should be directly depended on your risk management strategy. Every trader knows how is it important to have a proper risk manegement strategy and some traders wonder why the strategy can be variable. I know that novices think that risk management strategy is stable and everybody uses it. However, the vast majority of traders create their own risk management strategy according to their needs in trading activity, their deposit and other vital things. Hence, I believe that if you're unsure how much money yu can invest in a certain deal, then you should th...

We should not think in General Oct 06, 2021 at 19:01

I guess we should tihnk, but we shouldn't believe that everything in trading activity is easy and we shouldn't set unproper goals, unrealistic ones as you said. In my opinion, we have to look at things in trading wisely. We should understand that there is nothing easy in it and we can't get anything we want right away. We have to dedicate lots of time and make plenty of efforts in order to reach success. It relates to any other activities actually. Any activity requires efforts and wished to reach something in it. However, we have to think all the time we sit down in front of the l...

Control your greed. in General Aug 04, 2021 at 17:01

Greed will do you no good, everybody knows it, however, it becomes vivid when a greedy person deals with financial operations. If you try to get more than it it possible, you'll definetely fail sooner or later. So, what oyu need to do is to listen to your common sense and do your best to hedge the risks even psychological ones.

HYCM in Brokers Jul 07, 2021 at 20:09

Some brokers provide several types of accounts with different spreads. HYCM broker does this too. But many newbies do not understand anything about trading and spreads and may get confused about choosing a Forex account. HYCM broker offers a 5-question quiz to help you choose the type of account and spread that a particular trader needs.In addition, I want to say that I like the account with raw spreads from 0.2 pips. I trade on this account and use the scalping method. This trading method and this HYCM broker account help me make good money!

FxPro in Brokers Mar 11, 2021 at 20:30

I have known about FxPro since they first started online. A good broker with reliable working conditions. All actions are regulated and audited, so you don't have to worry about the broker's transparency.By the way, the broker has many trading platforms and accounts. You can trade any stocks. I cannot recommend anyone, as they are all different. But, I know for sure that FxPro does not have much of a slippage.

By trading we can make in General Jan 25, 2021 at 18:34

It's always difficult.But you just have to be prepared to work very, very hard.

Not an easy task in General Oct 30, 2020 at 10:28

It is definitely not easy as those ads make it seem. Some guy is like let me show you how to make money in no more than thirty second and then leaves out the part where you have to struggle to make it in forex. People do not just make money in forex trading everyday. They have to lose to.

Perfect Score in Trading Systems Sep 01, 2020 at 17:11

Oh, it looks impressive.But I find it a little frustrating that everyone is happy to share the results, but few people share their knowledge or thoughts about what will happen next and what analysis methods you used....

Web-based trading in General Jun 21, 2020 at 14:33

I think it's good news that today there are a number of web terminals that allow for dynamic and efficient operation in the market.But everything must be checked - use a demo, start with small amounts, try different strategies, etc. There is no need to take risks here.

Every time I think I've identified a trend & I set my targets it does a 180 in New Traders Jun 03, 2020 at 16:16

I don't know exactly what the problem with your trading is, but I think you could use a little improvement in your strategy. Usually this shouldn't happen, which means that you miscalculated somewhere in your strategy. Try to recreate it on your demo account and analyze all the mistakes in more detail. Maybe something will work out of it, it is worth trying.

A Few Good Men in Trading Systems May 30, 2020 at 15:06

Well, it already looks more realistic, so congratulations!!!

Making 15 to 20% profit every month !!! in New Traders Apr 28, 2020 at 12:09

In general, everything is possible for an experienced trader, although it sounds banal) But seriously, yes, professional traders with great experience and good market awareness can have an income of 15 to 20% every month, even better. In this business, it's important to know when to close a trade before losing money, and when you can wait and get even more profit. But before you can invest in something, you should at least be provided with evidence that this "boss" is reliable and actually has that kind of profit from trading, not just some scammer. I wish you a good investment o...

BITCOIN DEAD ¿? in Crypto Apr 12, 2020 at 18:02

IT's very very far from dead but if we will really to see something which will happen next in the current COVID 19 panic nobody really knows, for sure just stop all operations with it lately and I am sure you will be able to locate something other to do.

Olymp Trade in Brokers Feb 08, 2020 at 23:47

Oh, I can't agree that there is no support, there it is. And I even can say it's fast and always try to help. Olymp Trade don't specialize on digital options only, it's sepparated into 2 different sections - Olymp Trade Options and Olymp Trade Forex and each section is self-sufficient, so you decide what to trade. For example, I prefer to trade Olymp Trade forex only and never traded Olymp trade options and I can say that trading forex is fine there. Orders are executed good and withdrawals are with no delays, so there is no doubts that Olymp Trade is good brokerage. Also, the...

I gave 1000% in commission to my broker last week and you ? in General Jan 26, 2020 at 14:38

I assuming from your information that your broker is very very reliable anyway on basically each aspect of your life. You can divide your cash and go with less strict on rules brokers in order to earn even more over time... try this later please.

AAFX Trading in Brokers Dec 27, 2019 at 20:15

When I started trading with an aafx broker, I didn't have much experience and sufficient knowledge to work hard and constantly successfully. In fact, I was more likely to be on the down side than on the up side and I was very upset about it. But I had a good trading floor and training videos and everything was okay with the capital, so I just didn't give up and was always looking for a way that would suit me and bring me enough money. And so three years passed and I came to the result where every month I could withdraw 15% and 20% of the capital and gradually increase it. It seems to m...

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Posts by Garrian