Grole's Posts | Myfxbook

You need sound mind in General Aug 14 2022 at 16:45

Indubitably agree with your words. Calm mind makes me feeling much better during trading, because I an make wise decisions and this is the most significant thing ever. Ofc, sometimes we can't handle our emotions and we are under their control, nevertheless there are bunch of techniques which allow traders to watch for their emotions and their reaction on various situations. I remember the days when I was so calm that I really lost over the 50% of my balance and stayed calm. I didn't know why, but I liked it =) Guess that we should learn how to stay calm as calmness helps us not being a...

Mind or Machine? What’s Better For Forex Trading? in General May 28 2022 at 20:41

Mind of course is better for trading. Yeah, probably, sometimes EAs might be more effective, however you should spend dozens of time in order to find a good advisor. the main here is to determine an effective advisor or find a good signals supplier. I always stand for mind and believe that there is nothing better than exploring, practicing and learning on your own. When you devote some time to the learning and practicing on your own, you receive a HUGE experience. It prevails over the experience you receive with the expert advisor, however if you follow the signals for example, you can also an...

FxPro in Brokers Apr 04 2022 at 16:05

leverage size depends on your account type and extra regulation. it starts from 1x30 till 1x500

What is the best strategy used as a new trader? in New Traders Jan 12 2022 at 09:16

Basically, you have to create your own strategy. For new traders if you just recently have joined a broker, then you should go to demo account and just open positions, long or short, it doesn't matter. It's the best strategy and simultaneously you should learn theory about trading. When you will open positions, you will start noticing regularities on the graphics and gradually you will be able to start to understand some feature of trading activity. After you will gain enough theoretical knowledge, you will create your own strategy and you will have to test it on demo account. Guess th...

Trading Psychology in New Traders Jan 12 2022 at 08:53

Trading psychology is one of the most difficult things actually. Everything because traders require lots o time in order to learn how to control hi/sher emotions and never let them get you down. Of course, sometimes you will be controlled by your emotions just because you're a human and it's susceptible to you, but the real professional trader will never let emotions do it. No doubts, that you might supress emotions and then you will express it somewhere else, it's okay, because we can't supress emotions during all our life, they will come out of your body in future. So, just t...

Expectations in General Nov 12 2021 at 08:51

Well, it's getting harder and harder to predict the further price movement, because nowdays the market is very volatile. It depends on various aspects, starting from covid-19 and ending with season. The fall is always a very tough period for traders, because the fluctuation of assets is pretty high. I believe, that it also can be connected with the new altcoin era which is coming, however it affect mostly cryptocurrencies. We can expect only two things, whether market goes down or goes up. There are no other options actually, so if we see that there is a crisis of semiconductors and China ...

How does experience come? in Experienced Traders Oct 18 2021 at 16:12

I guess there is nothing difficult to understand. You just enter trading activity with no experience at all. After you will make couple of deals you start to analyze your deals in orde to understand what was going on and why the price possibly was fallen or vice versa was grown. By these steps you try to understand the graphics and find the mistakes in your trading strategy or trading strategies. You gradually get acquainted with the mechanics of price, like demand and supply and other things. Actually, when you're a trader you won't even notice how you will gain enough experience and ...

FXCC in Brokers Oct 10 2021 at 04:33

I usually trade manually with FXCC. The broker has attractive trading conditions, so I joined it recently. I can say that such low spreads, zero commissions and quite moderate margin requirements would be good for high-frequency trading strategies using algorithms. Tell me please, has anyone tried them with FXCC? If yes, how are the results?

TeleTRADE in Brokers Mar 24 2021 at 11:13

Yup, well of course it is, it's practically a banking approach - if you keep an amount in your account throughout the year that matches your vip status - you get 10% to 15% cashback per year for that! That looks impressive!

What are the best Renko trading plans and indictors for FOREX - Scalping\Day in New Traders Dec 25 2020 at 08:21

You're doing a good job of keeping your job under serious control .....good luck...

Allow mt5 backtest upload in Suggestion Box Sep 02 2020 at 16:29

MT5 has much more possibilities for passive work format. But if we are talking about independent work, then I can say that they are similar.

Build your own fully automated trading system using deep learning in Programming Aug 16 2020 at 15:32

Well, that's cool. It's really relevant now, because it saves a lot of time and allows you to combine several businesses at once.So you shouldn't ignore these opportunities. It can really be helpful.

Niklaus - History in Trading Systems Jul 26 2020 at 14:56

Ah, that's cool.I wish I could see these results every day, every trading session.How often do you get such profitable positions?

How to choose a regulated forex broker? in General May 28 2020 at 15:41

As far as I understand, the company is obliged to provide license numbers with reference to the regulators. it can be easily checked in just a few minutes on specialized sites. If everything is OK, you can work, if not - you should look at the company more seriously, there may be problems.

Set you target and goal in New Traders Apr 28 2020 at 11:55

Of course, in trading it is very important to set your goals, which you want to achieve with your trading. I can also advise you to split large, global goals into smaller ones. For example, the goal is to multiply the amount of money by 4 times. Split it into weekly targets, and see if you have achieved your goal by the end of the month. Compare the result with the one you were going to achieve and see if you have succeeded. If not, then don't worry, trading is a long process of learning and improvement. Make an analysis of your mistakes and problems to minimize their impact on your goals...

There is no short cut way. in General Apr 19 2020 at 13:48

Some people only get to learn this the hard way. Even after some people are warnd about he dangers of taking shortcusts in forex they still do. Every year lots and losts of people fail i forex. Some even go broke because they did not takr their time to learn. A serious forex trader will not be worried about the time it takes to learn about forex but dedicate their time to it.

Do you like Binary ? in New Traders Apr 16 2020 at 18:05

I was but in past cause now I see and many other people as well that it's simply big trading scam and they are banned now basically everywhere so I do not advice to any person to open any account here anyway for many reasons clearly.

The future of Crypto in Crypto Mar 21 2020 at 14:08

Assuming whole epidemy now and that BTC appeared something like 10 years ago I wouldn't say it's super cool or safe to say that it's entirely cool for everyone else to be there on the verge of it. I predict it will fall to around $5000 or lower at least.

What is your trading strategy ? in New Traders Mar 12 2020 at 16:58

How can you choose only one strategy??? They're all so interesting. It seems to me that testing strategies and selecting the assets for which they are the most promising I like even more than making money. Although no - I lie, I like it madly too, especially when the profit is much higher than expected!!!

How do YOU trade the NFP? in General Feb 17 2020 at 17:21

Before the release of the data, I review the data for the previous months, plus I pay attention to the preliminary forecast - and work it out!

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All Quotes
AUDUSD	0.66436	USDCHF	0.91974
EURJPY	140.657	EURCHF	0.98966
EURGBP	0.87979	GBPJPY	159.859
EURUSD	1.07604	GBPUSD	1.223
USDJPY	130.725	USDCAD	1.37403

EURUSD	1.07604	GBPUSD	1.223
USDJPY	130.725	USDCAD	1.37403

Posts by Grole