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BTCBullPRO
트레이딩 시스템
에서
Feb 08, 2024 at 18:51
Is it possible to try this stuff for free first? How do I connect my Hotforex MT5 account to receive signals?
Trading VS CHATGPT
일반
에서
Jan 31, 2024 at 10:55
Do you have any template for making request or maybe you can explain how to craft it to receive working code? Should I request the code to be written in MQL language or in Python?
GOLD EUR GBP
일반
에서
Jan 23, 2024 at 10:04
Can you explain why Gold is an enemy to USD? Why not oil or other commodity? Any second currency in the pair with USD will be its enemy. So what is the key criteria?
Book to read
일반
에서
Jan 14, 2024 at 19:14
Where can I download this book? My current only source of education are webinars from Hotforex and Exness but maybe they are not enough, should study some literature too.
Book to read
일반
에서
Jan 10, 2024 at 11:07
Have you tried to read Schwager's technical analysis book? Despite that it was written long time ago the information presented tehre still remains relevant for modern trading because market moves in patterns which hardly change in time.
Looking for Partial Close EA.
일반
에서
Dec 18, 2023 at 08:21
Did you check forexfactory? I've seen lots of position management EAs from there, even used similar on Hotforex, however after reinstallation of PC lost the source. Use keywords for search.
Stress, anxiety and motivation.
일반
에서
Dec 15, 2023 at 06:30
Personally, when dealing with trading-related stress, I turn to mindfulness techniques, particularly focused breathing exercises. Taking a step back, assessing the situation objectively, and reminding myself of the importance of sticking to my trading plan helps me regain composure. Additionally, I find it beneficial to step away from the screen for a short break to clear my mind and refocus.
AlphaBot PAMM Ox281
트레이딩 시스템
에서
Dec 12, 2023 at 08:59
How can I trial this algo on demo account to check performance. I trade with Hotforex broker but idk how to connect..
Account Manager
숙련된 트레이더
에서
Dec 01, 2023 at 06:12
Why is it not good to copy scalping traders? Three signals vendors I use from Hotforex's FXStat copy service explicitly state that their style of trading is scalping also I haven't seen any complaints from others about this aspect.
Stress, anxiety and motivation.
일반
에서
Nov 27, 2023 at 06:30
Stress and anxiety often arise in trading due to the inherent uncertainties. To manage these emotions, establish a robust trading plan, practice disciplined risk management, and take breaks when needed. Motivation in trading can come from setting clear goals, maintaining a positive mindset, and viewing challenges as learning opportunities. Finding a balance between ambition and patience is key to navigating the psychological aspects of trading.
Stress, anxiety and motivation.
일반
에서
Nov 24, 2023 at 13:56
Traders often manage stress by implementing effective strategies, practicing risk management, and taking breaks to maintain focus. Motivation for trading can stem from financial goals, independence, and a passion for financial markets, driving the dedication needed for long-term success. I watch Hotforex webinars to get my motivation for trading especially after some losses.
decision-making in high-pressure
일반
에서
Nov 23, 2023 at 09:23
I avoid taking decisions in high pressure environment, especially when it comes to dealing with risk. The second best trade after a profitable trade is making no trade at all because you are guaranteed to have zero return which is still decent performance considering that 70-80% traders end up in a loss in trading. Usually my trading plan solves the part where I have to take some tough decision by placing restrictions on what I can lose and earn.
Question about fees on leveraged trades
신규 트레이더
에서
Nov 14, 2023 at 08:55
There are indeed islamic (or swap free) accounts offered by some brokers like Hotforex, Tickmill etc. You're not charged nor credited swaps if you hold positions overnight in these accounts. Leverage for intraday trades is free means you only pay spreads to enter/exit trade.
The questions/problems most new traders will encounter
신규 트레이더
에서
Nov 10, 2023 at 09:54
New traders often grapple with emotional decision-making, overtrading, and lack of a solid strategy. Learning to control emotions, developing a disciplined approach, and focusing on risk management are crucial for navigating the challenges of the market.
How to earn more? Real advice from experienced traders.
숙련된 트레이더
에서
Nov 08, 2023 at 11:07
Trading is about either spotting market inefficiencies (arbitrage, pump and dumps, trading on news => stealing the bread of slow traders, spotting technical patterns that work on amateur markets like crypto) or predicting the future development of events which are related to asset's supply or demand. The second is hard in my view and most will fail at that because you simply can't account for unforeseen events. The first one requires lots of expertise, knowledge of industry, technical expertise like coding etc.
broker withdrawal issues
숙련된 트레이더
에서
Nov 08, 2023 at 10:21
It's a very cheap and easy-to-access regulation it's highly likely you will not get your money back and unfortunately it's hard to take legal action against firms with such regulation.
How much gain is realistic ?
일반
에서
Nov 01, 2023 at 11:20
Realistic gains in trading, including forex, can vary widely depending on factors like your trading strategy, risk tolerance, and market conditions. Generally, aiming for a consistent monthly return of 1-5% is considered realistic and sustainable.
news trading
일반
에서
Nov 01, 2023 at 10:28
I employ automated bots that strategically set limit orders during the final moments of the second preceding a news release. News trading heavily relies on achieving precise execution. If you were to place a limit order 10 seconds prior to the release, you might secure a favorable position in the execution queue at your specified price. However, during those 10 seconds, there is a heightened risk of having your order triggered erroneously.Conversely, when you position your order within the last second, it's probable that you'll find yourself closer to the back of the queue, which can r...
scalping
일반
에서
Oct 20, 2023 at 09:55
Most of the short-term, ruled-based trading such as scalping, can be coded without much difficulty. You can also add exit rules into it (based some cancellation scenario like counter-pattern, or simple stop loss and take profit in pip). What is important in this approach is that you get significant improvement in terms of speed of making decisions, also bot's don't get tired so the risk of mistakes is pretty low
About Forex EA magic number
일반
에서
Oct 10, 2023 at 08:42
The magic number in a Forex Expert Advisor is a unique identifier assigned to each individual trade placed by the EA. It helps the EA keep track of its own trades, especially when multiple instances of the EA are running simultaneously on the same trading account. By assigning a distinct magic number to each trade, you can differentiate and manage them more effectively.
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