Dorofeev's Posts | Myfxbook

How much should you invest in trading in Experienced Traders Jan 13, 2022 at 20:45

There is no particular sum of money which you have to invest in trading, The more money you have in order to invest it in to trading, the more money you will earn or lose. Everything here depends on your personal skills, knowledge and experience. If you're a new trader, then I guess you shouldn't invest lots of money. You can just deposit a small amount of money and try to trade on this sum. No doub,ts that you will face more losses, rather than wins, nevertheless it's an inevitable part of trading activity. Novices always think that trading is all about eays money, however it'...

WHO trades forex for more than 10 years and keeps making regular profits in Experienced Traders Jan 13, 2022 at 19:12

I'm sure that there are plenty of such traders actually. As a rule traders don't stop at trading and gradually they move to investing money. The more money you have, the more thoughts about how you have to operate with this money you have actually. I am personally this type of a person, I know that if I will earn a good sum of money due to trading, I will gradually start to relocate to investing, because investing requires huge sums of money in order to provide yourself with good passive income. Of course, not all traders are similar to me, and some traders prefer to stay on short-term...

How does experience come? in Experienced Traders Nov 10, 2021 at 08:10

It's gained only due to practicing and there are no other things which can bring experience. Atually, it realtes not only to trading activity, it basically relates to any other kinds of activities, because practie is something that teachs your brain what to do in particular situations. I believe that the more trades you make, the more mistakes you have, the more experience you get. You can get a year experience just in couple of months, just because you made plenty of mistakes or you made lots of successful trades. Remember that only successful trades teaches you ad bring you real experien...

Those who can't learn will be eliminated by the market in Experienced Traders Oct 14, 2021 at 18:14

That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join co...

ActivTrades in Brokers Sep 12, 2021 at 14:02

Old and steady.The broker started its business about 20 years ago and it keeps sticking to the high standards. Trading community is mostly positive about this broker, so, this drives us to the conclusion that working with this broker is absolutely safe. Now it is possible to trade with activetrades using their own platform along with mt lineup which is really great, be it mt4 or mt5, be it mobile version or desktop. As for trading conditions, they are pretty competitive, as the spreads are quite tight. More than that, I'd like to mention their educational center which will be definetely of...

Gambling type of forex games? Is that true? in General Sep 09, 2021 at 18:04

Binary options have earned terrible reputation of being scams. Even the brokers are crystal clear, it is next to impossible to predict where the price will go in ultra short moments. So, I also think that it is more about gambling rather than trading.

Trading is all about your comfort in General Sep 07, 2021 at 17:26

I wouldn't call it a comfort but yes, the trading strategy should be organic with you. I wouldn't say it a comfort because by comfort we usually thing of something that will never change. Like the chair is comfortable because it is soft, and we will always find soft chairs to be comfortable, right? Trading should coincide with your personal vision of the market, so it is not a good idea to start using a trading strategy before you have any attitude of how the trading should look like and what your approaches are.

How long it takes to learn in General Aug 04, 2021 at 17:02

It depends actually on your prsonal abilities, opportunities and how much time you're ready to dedicate to learning. The more time you're up to dedicate the faster will be your learning process. Don't forget that learning is always should be combined with practicing, like theory plus practice. I suppose that everything is quite individual here and no one knows how much xcatly does learning takes. Some traders handle learning for about couple of months, others decide to learn and to trade simultaneously, however I'm not fond of such approach because you just blow your head by th...

Famous Traders and Investors, what to think of them in General Nov 28, 2020 at 14:40

When I see the mention of a successful trader, I immediately think of three words.1. Inventiveness.2. Efficiency.3. Money!

Print Machine in Trading Systems Oct 12, 2020 at 16:30

I think it's so bad, you made a profit, everything is fine. There was just a slight slump, but there's nothing special about it...

scalping easy ? in New Traders Aug 02, 2020 at 12:58

One of the most difficult trading methods is scalping. It is very time consuming and requires your constant participation in trading. I would not recommend this method for beginners. Yes, in the short term, they will not lose a lot of money because, during scalping, you deal with small orders, but in the long term a beginner will lose all his investments due to lack of experience and skills.

What influences forex interest rate decisions? in New Traders Jul 30, 2020 at 16:04

I like the way you explain it. You've really managed to unravel the answer to the question. In fact, there's so much information around us right now that it can be hard to find the right and the accurate one. That's why I love this forum so much. It's a place where people can explain in their own words the hardest things in a way that you can understand them)

Best Forex crypto brokers in General Jun 08, 2020 at 16:01

I think these assets deserve the most attention today, so it is quite profitable to find a company that specializes in this. But you should definitely figure out how you're going to use it in the market, because there are a lot of features here, too.

Knowldge is important in New Traders Apr 28, 2020 at 12:12

I agree with you on all 120%. Without knowledge, you're gonna be a crappy broker. Besides, you need knowledge not only on some basic trading things, but also a little knowledge in politics, economics and a little psychology. In this way skillful brokers can make some predictions for the future. That is why brokerage is a constant work on yourself and a constant updating of information.

US 30 Trading Buddy . Rising Sharpe Ratio in New Traders Apr 23, 2020 at 18:20

So basically you want to exchange some strategies? Well, that could be a good idea, I even bumping this topic for you a bit so you can see what is what entirely and absolutely and I hope it will help you further with your goal, don't thank yet;)

Can you become millionaire through expert advisors? in New Traders Mar 12, 2020 at 17:08

I wouldn't be chasing numbers, I would be looking for stability in the market and constantly achieving results exactly as a percentage of capital. This is what will bring results. And it seems to me that this is the most profitable way in our business.

TeleTRADE in Brokers Mar 08, 2020 at 22:23

Teletrade is a well-known company and I’m glad I’ve chosen it to be my broker. They do a good job having all the licenses, I was completely satisfied with executions, quality of service, etc. But now I need to make a break in daytrading. So now I need to decide whether I want to withdraw all the funds or leave them there for synchronized trading with some master account. I’m afraid though that choosing the rating leaders is not the best strategy to find the master account.

Forex Amount in General Feb 07, 2020 at 14:38

I assume we can make something like your few thousands deposit with that matter. I do hope you already set it out to make it cause it clearly doesn't possible to make it bigger no matter how bad do you want it. Say big thanks for that.

NZDCAD cycle analysis in General Jan 26, 2020 at 14:47

Very interesting pair to trade, but do you know about any other patterns than this one regarding some other rules for whatever means here. Can we make it possible or not? I do not get it entirely. How we can make it clear on that money.

AAFX Trading in Brokers Jan 09, 2020 at 20:27

AAFX gives a chance to start with a small amount. Only $100 is the min initial deposit and you won't be limited with any restrictions because of a small account. You'll still get a chance to choose between fixed and variable spreads and both types are very fascinating in comparison to other brokerages offers. MT4 platform is all trader will really need, but you are welcome to use browser version of this software too is you prefer. I like the attitude of support to their job here. Answers are given within seconds and they are polite and accurate no matter how stupid the question was :)

All Quotes
AUDUSD	0.65225	USDCHF	0.9122
EURJPY	166.897	EURCHF	0.9787
EURGBP	0.85746	GBPJPY	194.642
EURUSD	1.07284	GBPUSD	1.25108
USDJPY	155.585	USDCAD	1.36564

EURUSD	1.07284	GBPUSD	1.25108
USDJPY	155.585	USDCAD	1.36564

Posts by Dorofeev