Cordardred's Posts

Believes. in General Jan 12 2022 at 09:19

Stop loss should be used by all traders I guess. It doesn't matter whether you're skilled enough in trading or you just joined trading community. Those ones who trade without stop loss will definitely once face unpleasant consequences of their neglection of using stop loss. As for take profit, then here every trader has to decided by himself, because take profit restricts your potential income, while stop loss is much more important. In my opinion, the very first thing in risk management is the ability to set stop loss correctly. The perfect ratio is 3:1, tp/sl respectively. Complying ...

What makes one a Professional Trader? in General Jan 12 2022 at 09:03

There are lots of criteria which make one a professional trader. Of course, the main is experience and the ability to earn money due to forex trading. In my opinion, it's the most important indicator of a professional trader. The rstio of wins/losses also matter a lot. Professional traders make less mistakes, hence they have less losses. No doubts, that they had losses when they started trading, however if we look at the statistics now and we see that the ratio is 3:1 for example, for the last half of a year, then we allege that this trader can be considered as a professional one. I think ...

What is the average profit... in New Traders Nov 17 2021 at 15:16

Actually, new traders should strive not lose their money at the very initial stages in trading activity. Afterwards, you can think about average profit. It's being fluctuated from 0%-30% per month. These digits are average and you decide by youself whether you will try to reach 30%, or you will want to earn 100% for the first month. Everything depends on your ambitions and skills.

No one should depend upon luck in General Oct 26 2021 at 13:39

In my opinion, this should be the main statement of traders, because all of the novices prefer to rely on luck, while it's strictly prohibited in trading. If you will depend upon luck, you will stop to think and analyze all the actions on the market. So, I would advice beginners never rely on luck, because it's unpredictable. You can predict whether a trend will change its direction or not, but you can't predict will you b lucky or not. The main distinguishing trait of trading from gambling, is that in gambling everything depends on luck, there are no systems at all, while trading ...

scalping anyone?? in General Sep 07 2021 at 17:22

I also don't understand those people who do scalping for all of their trading career. It is hard to trade even one day, let alone years of trading. Such people usually wear glasses and don't interact with other people when they happen to go out.

How much should you invest in trading in General Jul 27 2021 at 21:01

I believe that it is better to start with $5000-$10,000 in order to understand the principles of trading, risk and money management and psychology. Surely, it depends whether you can afford such sum of money without going in debt, but if you can and if you want to devote your life to trading, you'd better start with such sum of money.

FXCC in Brokers Jul 08 2021 at 21:43

It's a fairly well-known broker! Many traders start to trade here because it is licensed and regulated. This is a good advantage and you can be sure of reliability. There is a good selection of trading assets. But it is not as big as I would want it to be. Unfortunately there are no stocks here. But I think it's not too much of a problem because you can make money on currency pairs.Cryptos are also nice - it's a very volatile instrument and its avaialble here.

Those who can't learn will be eliminated by the market in Experienced Traders Jan 18 2021 at 16:00

Well, if the market were such a simple task, this business would have long since ceased to exist.This is a fact.But if you have the motivation and the desire, everything will work out just fine.

TeleTRADE in Brokers Nov 07 2020 at 22:08

It is interesting that everybody in this discussion talks about one company, but everybody notes some absolutely different things. You see, here before it was written that the mobile application is very good. You are noting some shortcomings. And there is nothing special about it, just all traders are individual.But the general features and services of the company are almost always highly appreciated. So, it is not surprising that the company has a good reputation and high ratings.

COPY100 in Trading Systems Oct 20 2020 at 19:19

Well, in some situations it is absolutely acceptable - everything depends on capital and market situation.

Help with MT4 in New Traders Sep 17 2020 at 16:30

I also think that you made a good choice. I wish you to deal with all these moments as soon as possible and start working actively and profitably!

My thoughts in General Jun 28 2020 at 14:59

And I think that it's very difficult to lead several directions at once, because you should have too much information under your control, and it's difficult, especially if you are trading only periodically or have the main job...

Show your profitable account here. in General May 30 2020 at 14:55

What's that for? It seems to me that we should not show our trade to everyone, because we are not here to boast about our achievements. We're here to get answers to our questions and get something new...

1400 percent gains in 8 days trading us30 manually in General Apr 25 2020 at 13:26

Yeah, some people are acyallu gaining that much. I mean 140 percent gains. There are a lot of skilled traders that are still able to find good entry points into stable markets and are making a lot of profit. Forex market may have been affected but it is still running. All you have to do is know how to navigate your way through it.

How can we find a reliable platform? in New Traders Mar 12 2020 at 17:06

The quality of a broker can only be tested in practice. First, you can try to work on a demo to evaluate the terminal and its speed, the number of assets and indicators. Secondly, you can work with small real capital to see how the broker reacts to your profit. Third, you can try to withdraw all the money you have in your account. If the broker doesn't create any problems, that's fine, you can work with bigger capital. If you get suspicious, you better not take any chances and find a better company.

Forex Amount in General Feb 25 2020 at 19:25

The more the better - but only if you understand what you're doing and channel your capital in the right direction.

pc on all the time in General Feb 05 2020 at 18:33

You need to buy much higher PSU than you already have and you can really see something like that over time. Can you please make it possible or not? I do not even see it. We need to create everything from that being done. Totally and completely.

Useful Resources in General Jan 27 2020 at 18:45

Have you tried to use google to find all this forums or not? I am totally disconnected from everything being done here totally and completely. I do not realise what is what alltogether. I do remember some of that links cause I am registered there anyway.

Trading Lessons! in General Jan 19 2020 at 13:46

As for the market, well said, if we talk about exactly what depends on me - the main advice is not to rush, money loves peace and responsibility, and the better you understand it, the greater the chance that you will leave the market with the money.

WHO trades forex for more than 10 years and keeps making regular profits in Experienced Traders Jan 15 2020 at 18:06

I do not think that many traders will be able to show exactly a screenshot of their trades in ten years. Yes, many people keep statistics, but usually in Excel or in writing. And brokers are changed periodically by many traders, so the information is lost. It seems to me that the annual statistics will be enough to estimate the trader's efficiency if you have good experience and ability to act in the market in principle. In general, I wonder if somebody will send it.

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All Quotes
AUDUSD	0.71089	USDCHF	0.92102
EURJPY	141.145	EURCHF	1.00094
EURGBP	0.87671	GBPJPY	160.949
EURUSD	1.08673	GBPUSD	1.23948
USDJPY	129.814	USDCAD	1.33095

EURUSD	1.08673	GBPUSD	1.23948
USDJPY	129.814	USDCAD	1.33095

Posts by Cordardred