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Nikolas88
How to choose a regulated forex broker?
in
General
Jul 26, 2019 at 17:16
It also depend on the services they provide. For example I like trading binary options, but the only regulated choice in North America is NADEX so be careful of what kind of broker you are searching for.
Binance anyone?
in
General
Jul 26, 2019 at 17:15
Fully agree with you, it is more difficult to learn trading on crypto-exchanges than trading cryptocurrencies with a CFD broker (like any of these https://www.thatsucks.com/crypto-brokers/). If you would like to trade Bitcoin or Ethereum or any other of the major cryptocurrencies I will recommend doing it through a CFD broker, where you can use platforms like metatrader, which we all know. For me it was very difficult to learn Binance and especially Bittrex that's why unless you want to trade one of the small and not so popular crypto-assets than better don't go for these platforms.
New trader trying to put a trading plan together
in
New Traders
Jul 26, 2019 at 15:37
There is no return that can be justfied as normal or abnormal. It all depends on the risk you are willing to take and the proper selection of a given strategy, to given instruments at a given time. Experienced traders can be recognized by seeing them trade when the conditions are good for their strategy and not trade when they aren't. Newbie traders on the other hand trade all the time, thinking they get screen time, but that's totally wrong approach. One thing is for sure, you can't live off your trading profits unless you have large account (100k and above) and you feel fairly co...
scalping is risky ?
in
General
Jul 25, 2019 at 16:25
Scalping has huge transaction costs indeed. That's true. This make totally necessary to trade with the lowest possible cost broker, sometimes even cheaper than that. It is however the only trading strategy which if applied properly can produce up to 95% win rate, which can be good for people who want immediate gratification of trading. No other trading style can give you result in a matter of seconds or few minutes. Other important thing, scalping doesn't affect trend following strategies. It doesn't have any overnight exposure it can affect only small scale intra-day fluctuations ...
Revenge trading
in
General
Jul 25, 2019 at 14:58
There are many forms of revenge trading, but in all of them there are negative emotions involved and high intend to recoup loses, often trying to trade the same market again and again, with higher leverage. This is the most dangerous part because it removes all the precautions against disaster and very often revenge trading lead to total account lost or at least very big damage. What is the main drive in this case is dopamine rush and if you don't get it immediately than chances of getting worse and worse are getting higher. Best thing to do, is to identify these feelings on time, stop all...
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