Buzargas's Posts | Myfxbook

HYCM in Brokers Apr 10, 2023 at 06:39

I was using the Fixed account of the broker all this time because I don’t need to have very tight spreads. Actually, I don’t care about spreads at all. HYCM is a good broker from all sides. It’s reliable, easy to handle thanks to client support and its reputation doesn’t raise any questions about the lack of credibility.Only a couple of times I faced some requotes during the trading. It was not very pleasant, but nothing criminal to be honest.

Swap free vs Commission based brokers in New Traders Jan 11, 2022 at 20:28

Commissions based brokers are intuitively clear in my opinion, so that's why you can pay attention to these ones. However, not all of them have suitable conditions for traders, nevertheless if you will find such one, you can decided whether the conditions are suitable for you or not. In my opinion, traders should always pay attention to those brokers where conditions are the most suitable for them, otherwise they will never be able to reach success. They will always feel inconvenience and this thing will interfere their plans to become successful. So, here I would definitely choose commiss...

i need help. in New Traders Jan 11, 2022 at 18:59

I understand your pain and I can assure you, you're not the only one who faced such situation. In my opinion, the matter for you is to never give up. If you once have started, then continue this activity. You can pass some additional courses, there are plenty of such ones in the internet. As for overtrading, then here I can advice you to take some days off and try to distract from charts, graphics, analysis and other things. It really helps and I personally felt something like that. The distraction helped me a lot. I got back to trading after a week of slacking and actually I saw the resul...

Trading without stop loss in General Nov 09, 2021 at 14:49

Trading withpout stop loss is a very risky idea, especially when we speak about novices in trading activity. In my opinion, if you have just started your trading career, then you're obliged to use stop-loss. It saves you from huge losses and bad emotions. You prepare yourself for losses, shortly after you open a position. It can bring you various emotions, but it won't harm your nerve system as if you would lose all your money. If we speak about professional traders, then they can not use stop-loss, because they know how to weight risks and they're susceptible to high risks. So, an...

Signals are profitable? in General Oct 14, 2021 at 18:02

There are enough signals providers on the market actually, but the main thing is that the vast majority of them are just scammers that's why it will be very difficult to find a proper signals provider. In my opinion, there are some signals providers who can help you to make profits in trading activity, but anyway they watn you that you have to think by yourself and you shouldn't make uncoscious moves. They prohibit to buy or sell assets uncosciously, believing their signals. They're also traders who can make mistakes. Hence you have to be quite cautious with signals providers I gue...

Indicators are useful but in General Jan 22, 2021 at 09:39

But almost all strategies are based on indicators and working with levels.That's because it is effective.And it can really bring money and stability.

Squawk 3 in Trading Systems Aug 20, 2020 at 15:49

A dollar always gives an opportunity to earn even when things are not very good in America.I think this asset has been and will be promising for a long time... So yes, it needs to be kept in the spotlight so as not to miss out on profitable opportunities and situations...

Steps to Mental Success in Trading in New Traders Aug 05, 2020 at 16:56

Actually, it's a really cool list. I think it covers the most important steps and recommendations for those who want to be the best trader. And I think that if you take them seriously and keep them in mind like all the time you enter the market, they'll really help. The hardest thing is to remember constantly if you are doing something wrong and to control your actions in the market. Good luck, everybody :)

How long on a demo account in New Traders Jul 29, 2020 at 16:51

It often takes about 3-4 months to trade on a demo account. This period is enough to allow you to adapt, learn the strategies and types of trading that are suitable for you. But I believe that this period should be regulated by each trader individually. The main thing is that you feel confident in your decisions and get the right amount of experience for real trading.

TeleTRADE in Brokers Jun 29, 2020 at 16:58

To be honest, I never saw 0.2 pips spreads there, usually around 0.6-1.1, but maybe that's only for assets that I trade. However, I agree that education there is good, especially individual 1-to-1, it can really boost your understanding of trading, but only if you have a desire to become a good trader.

losses and fear. in General Jun 21, 2020 at 14:18

That is why there is such a notion as "trader's psychology" and in order to become an effective market participant you need to study this topic and understand all the nuances of how you need to prepare for trading, how to keep your emotions under control and how to rest properly after a trading session.

Mistakes. in General May 30, 2020 at 13:55

I think so - if you don't make mistakes, it means only one thing - you just don't do anything. So you have to treat them philosophically and try to work on them so that you don't make any more mistakes. Otherwise, it's just gonna be stupid.

Forex is Hobby ? in General May 16, 2020 at 11:33

It is absolutely normal to earn 5-10% profit per month. Especially if you're a beginner. Yeah, you trade a lot, but that doesn't mean you're going to get all the world's success right away. There's still a lot to come to, a lot to learn before you start earning a lot. Just relax and enjoy the very process of trading. The more you stress yourself, the worse your results will be. You can't "force" yourself to be profitable...

Gold Or Silver in General Apr 18, 2020 at 18:49

While all other stocks are really falling with the unpredictable future for sure we can really tell that you may invest in both of them entirely and absolutely anyway so let's move on with both of them. I do see how negative whole trend in markets so let's start with those things.

Can you become millionaire through expert advisors? in New Traders Apr 13, 2020 at 19:22

No, you shouldn't rely on any strategy out there for all your needs entirely and absolutely anyway so let's move on a bit with all that clearly. I would only do some small trade then make some long trades like all experts advise to do there.

Bitcoin future? in Crypto Apr 07, 2020 at 17:57

I do not see a bright future for bitcoin. Trading in bitcoin is just risky to me. A bitcoin wallet is not as secure as I thought it would be. Trading in bitcoin and all of the miing going on is just not my cup of tea. I do not see many people getting into bitcoin mining any time in the future if it goes on like this.

Money Is King in Trading Systems Mar 10, 2020 at 17:24

Hmm, well, normally any trader pays attention to it, but I wouldn't say that it's a basis for making a decision, all because besides this short-term movement there is a whole lot of factors that should be taken into account.

Olymp Trade in Brokers Feb 24, 2020 at 21:56

I'm just begun trading with Olymp Trade and I'm satisfied enough to keep on trading there, cause order execution is fast and there are a lot of assets to trade. However, I wonder about some points, mainly about withdrawals.

Really? Long term is worth the wait? in General Feb 12, 2020 at 17:37

It's worth the wait if you do have some experience how to trade in such bad conditions anyway and I am hoping you really know how to do that lately and carefully. Do you know how to or not? I am not able to make it going anyway.

Advices and Tips on Commodity Trading in General Feb 02, 2020 at 10:26

You really need to make something possible out of that case anyway. You need to stop focusing on gold and silver anyway for whatever possible reasons out there, I do not really make it happen on so many - I can't explain. Try with platinum.

EURUSD	1.0983	GBPUSD	1.30914	AUDUSD	0.67628
USDJPY	148.005	USDCAD	1.36038	USDCHF	0.8541

Posts by Buzargas