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Scarymaniak
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Posts by
Scarymaniak
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Forex is not scam
in
General
Mar 30, 2021 at 17:35
It's not, It's not! It's just significantly harder than stocks and general investment schemes. A lot of people who call it a sham are just hateful. I've been there too... I lost! First $400 and then about $600. But I went in a third time after a break to play a conservative hand. though, I put in just $200 but managed to turn it into a sweet 450. Didn't quite make up for the initial loss but it was still an important moment for me. It takes hard work, no doubt, and constant monitoring of the charts, right use of both kinds of indicators and all the works but you c...
Need to know the truth
in
New Traders
Mar 24, 2021 at 09:41
You can check it with your broker and the country you are living in. These can be the only limitations. There can be some of them but not all. I have used leverage up to 1:1000 with ECN brokers in my country.
100 lots to start off!
in
New Traders
Mar 23, 2021 at 09:46
While trading, focusing on risk management is quite essential otherwise you can make your account zero immediately. Somewhere, trading larger lots shows the greed of a trader. It might look attractive but bites in the end. Better be careful about the decisions you make.
Placing stop loss
in
General
Feb 20, 2021 at 09:43
Maybe I should have to just hold my position a little longer for it to make through the depression phase. If I have put the stop losses then it would sell the security as soon as it falls before again skyrocketing. I think the risk is in both the cases.
What is fast forex scalping?
in
General
Feb 19, 2021 at 13:14
It’s alway about the trading plan that is used, broker is a very minute part of it.
Which timeframe do you like best?
in
General
Feb 15, 2021 at 13:24
No doubt about it Correy. In fact, another risk involved in scalping is in the fact that the countries involved in the currency pairs witness frequent economic challenges and changes with the market becoming highly volatile and the price of the active pairs could jump up to 100 pips.
Over trading is a bad habit
in
General
Jan 29, 2021 at 11:21
Over trading can have multiple definitions; for a scalper who has done tens of hundreds of trades per day ( depending on the experience). I think on the trading aspect there is no such thing as over-trading. It is upon us how much risk we can take and how long we can keep taking the right decisions.
Trend Trading.
in
General
Dec 30, 2020 at 09:36
Trend trading is very popular and it is also profitable at times. It is important to have some knowledge of how to analyse trends and use them to your benefit.
Importance of demo trading
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New Traders
Dec 30, 2020 at 09:27
Demo trading is an important concept as it allows traders to practice their trades and understand them before trading live. The demo accounts are also good for testing different strategies without having to risk any actual money.
Mentorship
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New Traders
Dec 30, 2020 at 09:19
You can either keep learning more and more about trading or get a mentor. I personally prefer learning my trades myself and I pick up techniques from expert traders online.
Which is the best broker for tick scalpers ea's
in
General
Dec 29, 2020 at 10:29
Mostly all brokers offer good spreads. All you have to do is look for the one that is offering variable and low spreads.
Understanding Market Orders
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New Traders
Dec 28, 2020 at 10:32
A good understanding of the market order is quite essential in forex. And every trader should at least be familiar with the terminology and the aspects of it before starting with live trading.
The future of Crypto
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Crypto
Dec 28, 2020 at 09:52
The future of cryptocurrency seems to be very bright and with its ever increasing popularity, it will even be better in time.
How true is High leverage = High risk?
in
New Traders
Dec 24, 2020 at 05:03
High leverage does come with high risk. It is better to keep the leverage low but if you want to experiment and give it a shot, high leverage can open doors for potential profit which is sometimes worth the risk.
T-Trader
in
Trading Systems
Dec 24, 2020 at 04:24
57% profits are very good if you ask me. The results on this system are great. Keep doing the good work.
Broker demo cent account lower spread xauusd
in
General
Dec 23, 2020 at 05:05
The best way to go about it is making a list of some brokers that have good trading conditions and then analyse their services according to your needs. You can also try their demos to get a good idea of how the platform functions.
Ultra Scalping
in
Trading Systems
Dec 10, 2020 at 09:38
This is great work. I don’t know how you trade like that but it looks so good. Nice use of scalping there.
Experiences with regulated firms
in
New Traders
Dec 08, 2020 at 13:34
Both are necessary! History and regulations! Otherwise how much can a history also tell. Who knows future intentions!
Becoming a scalper
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Experienced Traders
Dec 08, 2020 at 13:28
Great! Hope you have a strong exit strategy ready for it.
Experiences with regulated firms
in
New Traders
Dec 07, 2020 at 13:13
Wait for some more time and you’ll hear a different side of the story!
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