Saithidor

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Joined Sep 20, 2019

Posts 28

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Experience No Experience

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Recent Posts

Can you borrow money from the bank to trade forex?

Oh, my God, this is the main mistake of a beginning trader.Never do that. If you are just starting out you can lose your first deposit. It would be a pity if it was a loan.It will become a problem and you will have less opportunity to try financial markets again.Look at different forex reviews and t...

10597

Sep 01, 2022 at 18:23

What makes one a Professional Trader?

I'm sure I can name the main signs of a professional trader.1. Forex is the main job. CFD trading brings a trader as much money as he needs for a good life.However, he keeps increasing his professionalism.2. A professional trader has a less than 10% drawdown. This is a must.3. All professional t...

12297

Sep 01, 2022 at 12:31

Can forex trading make you rich ?

I think any business that brings in money can make you rich.It all depends on two things:1. How much at most it can bring in;2. What level of expertise you have.As far as we know, Forex market has no limit on profits. It all depends on the volatility of the market, the size of the deposit and your t...

31081

Aug 17, 2022 at 19:59

DO you get scared over drawdowns?

You must be a strong trader. I wish such drawdowns happen less often, it’s all so cool when everything goes well and you worry less, although this is of course impossible, even professionals run into such things, besides, this can always be assessed as an opportunity for additional investment ...

1716

Aug 14, 2022 at 17:25

Demo can not make you well experienced

Demo trading will never make you well experienced in trading, of course, but it brings lots of benefits for you in order to give you the opportunity to become well experienced. Demo trading exists only because of a need of traders to test their skills and strategies. Actually, this is the main funct...

9330

Jan 13, 2022 at 19:23

Saithidor's Reviews

Brokers

They say that the MT4 is the industry standard. While that might be true, it is completely useless without the right broker. HYCM definitely has the right resources for the experience to be just great

Apr 22, 2023 at 05:18

Brokers

As far as I know, welcome bonus has a limited time offer after you register the accoun. Dunno for is it still the same.

Apr 03, 2022 at 04:59

Brokers

There are dozens of trading platforms which are provided by this broker. There are not only standard mt4 and mt5, but fxpro trading platform and ctrader platform. Btw, I believe nowadays traders underestimate those brokers which offer such amount of trading platform. All traders have their own taste...

Feb 21, 2022 at 07:00

Brokers

Agree, trading is not an easy but extremely interesting business.Well, if we're talking about passive formats here, I can point out...1. synchronous trading service, in which your account duplicates the trades of profitable traders of the company;2. percentage of the spread for attracted clients...

May 28, 2020 at 13:11

Brokers

My friend and I have developed an advisor for MT4 to trade on EURUSD and USDJPY pairs. We’ve ran all the backtests, worked on stability of the algorithm, fixed all the bugs and then ran into a side problem. We couldn’t on live account, because our broker’s spread would vary dependi...

Sep 20, 2019 at 22:41

Terms | Privacy | Site Map | Site Map Calendar

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.1325	GBPUSD	1.32738	AUDUSD	0.6448
USDJPY	144.585	USDCAD	1.3816	USDCHF	0.82407

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Saithidor

Can you borrow money from the bank to trade forex?

What makes one a Professional Trader?

Can forex trading make you rich ?

DO you get scared over drawdowns?

Demo can not make you well experienced