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Ilya_Brovarchuk
Time frames for currencies
in
General
Dec 17, 2021 at 19:43
I doubt that it is possible to give you any strightforward answer to this question. I mean that there is no such a thing that this concrete currency pair is better to trade on H1 or something like that. It is up to a trader to decide which trading style is closer to them and whether they are ready to spend all day long at front of their computer screens or whether they are eager to trade ong term and abandon the chase for several pips in a deal. The only thing which sounds sort of credible to me is that it is better to avoid trading long term if you trade on exotic pairs. They are too unpredic...
The dark side of forex markets
in
New Traders
Nov 16, 2021 at 08:57
As for me, the darkest side of forex trading is that the very little amount of traders become successful here. Of course, some traders believe that it's very easy to become successful, you need just practicing and dedicate lots of time to this process, however they don't understand that it's not enough to be successful on a longer period. You can be successful for a month but then you can lose everything, nobody knows what will be going with you.The darkest side is incertainty and it's very difficult to foresee what will be going with you within a year in trading.
My psychology - my personality development system's cornerstones
in
General
Oct 06, 2021 at 20:18
This post is great. I really enjoyed reading it because it is really precise and sensible. Surely, we should use our pains in order to develop and improve out trading strategies. Thinking-about-thinking is very important because every trading strategy should always undergo some alterations because of the fact that the market is extremely dynamic and changeble.
Choosing a pair
in
General
Aug 31, 2021 at 19:22
Different pairs have different properties and they can be treated not as different types of one particular financial instruments, but as different instruments. More than that, many trading strategies can perform differently while trading with different currency pairs. So, before switching to another pair, prepare yourself for such a move.
FxPro
in
Brokers
Mar 10, 2021 at 15:25
I am glad to have joined this broker. First, it’s reputable enough and I don’t see any hitches in the trading process. Secondly, it allows to choose from six accounts with different trading conditions. Thirdly, I appreciate their market analysis information, I use it for my trades.
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