Shakashakar's Posts

Demo can not make you well experienced in General May 28, 2022 at 20:50

demo account doesn't have such a function - to make traders well experienced, but i can agree that there are bunch of traders who think otherwise. they believe that demo trading will help them to gain as much as experience as other traders receive on real accounts... nah, it doesn't work like that. probably, you will just find the comfort level for you and the days fly and it will be so difficult to relocate on a real account that finally it will lead to the only exit - exit from trading. hence, i am convinced that the necessity of demo trading shouldn't be overestimated like you w...

Trading for the long-term in General May 16, 2022 at 21:13

quite agree, quite agree... tough not to agree and hard to argue :D doesn't matter whether you are an investor, day trader or swing trader. consistency; trading strategy; right mood; maintaining a healthy mind level; ability to work a lot and extract a lot. no way to fail in trading in case traders and investors will comply with these things.

HYCM in Brokers Feb 20, 2022 at 05:36

I came to trading cuz I hated coming home knackered all the time. My full time job made me munted and it all should have been stopped long ago otherwise …. I could be scrapped.Mate, I was not very smart since my childhood and had to work hard on low-paying jobs to earn my living. Trading helped me to make it all better , um, I mean my well-being. It was not easy but and it me more than three years to properly understand how it all works and all my grieves paid off. Skills matter, year. They give a guiding light. I remember when I was starting out … I felt like stuck in the wop-w...

Is demo trading enough before real account? in New Traders Jan 22, 2022 at 13:37

It's enough but of course you have to master your skills due to simultaneous learning. I know that even professional traders continue master their skills with learning even if they have constant profits on the market. Here everything because forex trading develops daily and there are plenty of things which appear daily. In my opinion, demo trading is cool, it meets you with trading activity and let you understand how the forex market works. In other cases, demo trading is useless. The matter here is your practicing on a real account and daily exploration of various new things on the market...

how many losses ? in New Traders Jan 21, 2022 at 18:26

It's almost impossible to determine how many losses you should have before you get enough experience and will trade without losses. Basically, as far as i concerned, even professional traders have losses, however of course they rarely have them, but even them aren't protected from losses and mistakes. Trading is all about constant learning and practicing. The market changes daily and that's why sometimes traders aren't ready for sharp changes on the market. I believe that you will have losses until you will be experienced enough. It's pretty important in trading to have los...

Avoid predicting the markets, Rather be reactive. in New Traders Jan 20, 2022 at 20:42

It's pretty right policy, however avoid predicting the markets sometimes might be harmful for you. You know, trading activity is based on predictions, so basically, you have to predict the future price movement on particular assets. If you will just remain rwactive, then of coursde it might bring you profits, for example, if you see that your asset goes to the moon you can definitely open a position in short, because such movements also are followed by correction to the previous levels. I believe that here everything must be combined, if you will predict the market and react quickly on var...

Hammer in Patterns Dec 02, 2021 at 14:05

In my opinion, hammer pattern greatly helps traders to determine the entry point. I always try to find whether bearish or bullish hammers in order to understand is it right time to enter the position or not. Of course, the vast majority of traders prefers to check the trends and support/level resistance, however I combine everything and I handle the task of finding a proper entry point. Moreover, sometimes you can determine the exit point due to hammersSo, I guess that it's a very universal pattern which should be learnt by novices.

ActivTrades in Brokers Nov 13, 2021 at 05:55

What immediately attracted me to ActivTrades broker was their well designed website. Often sites are done somehow, but here you can see that the site is made with heart and has a large number of sections to explore. They wanted to make sure that clients can go straight to their website and access all the educational materials and analytical tools they proposed. Guys, try trading on their own trading platform! It's really cool! Great speed and no platform freezes!

Manual trading in General Sep 27, 2021 at 20:25

This matter is quite subjective. I personally think that it is better to automate trading as mch as it is possible. I feel that the computers are much better in making decisions because they are unbised and precise along with the fact that they are faster. However, it is really hard to create such a system which will be absolutely independable from a human being. THere are lots of trading bots which are available nowadays, but they are effective only in certain situations, like some of the robots are good when the trends are strong and absolutely useless and harmful during flat market and vica...

The fear of losing opportunity in General Sep 25, 2021 at 15:53

This happens regularly to those who don't have sufficient self-discipline while trading. However, this state is usually called greed rather than fear. The traders are too greedy to lose such an 'opportunity'. Traders experience fear after a long losing streak and they are too afraid of losing more money which makes them lose the real opportunities which are proved by different signals.

backtesting in General Sep 07, 2021 at 18:51

Backtesting is necessary when you are looking forward to using this or that trading strategy. Before implementing it, you'd better check whether it works with the historical data. There is an opinion that if something had a tendency to behave this way it is still not an indicator that it will behave the same way in the future. Judging by past experience, the vast majority of patterns keep their actuality.

Part time trading in General Aug 17, 2021 at 16:50

I think it's possible to earn money by part time trading because in my opinion it really doesn't matter which wsy of trading a trader prefers. I guess that traders must have own eagerness, willings and intentions. If all of these traits are combined in one trader then it won't be difficult to him to earn money by part time trading. Of course this way to success will be a bit slower than a trader expects, however it will be very effective for him, because it will teach him patience.

FxPro in Brokers Feb 24, 2021 at 00:56

I opened an MT5 account with market execution with this broker. After two-week trading, I can say that the broker executes its duties well. I don’t see any hitches in trading with it. I also successfully withdrew my first earnings.

GrayRock in Trading Systems Jan 25, 2021 at 18:58

Honestly, I see a huge number of suggestions like this and most of them look good. But I don't understand where to get more information about the format I like...

Arbitrage Trading EUR in Trading Systems Nov 23, 2020 at 20:48

Excellent result.I am just delighted.I like to see something promising and profitable.

TeleTRADE in Brokers Oct 30, 2020 at 20:29

What I didn't like about TeleTrade is its mobile trading app. It works well and the app has no problems in the technical part. I didn't like the interface itself of the trading app a bit. It isn't very convenient and user-friendly (my opinion). But on the other hand a broker has Metatrader4 and Metatrader5 trading platforms, so the mobile app and its interface doesn't bother me that much)I also really like that the brokerage has a lot of assets to trade with, a variety of bonuses and of course the free training. So, in general, I like to trade with TeleTrade, it is quite a rel...

Bambu FXBook in Trading Systems Oct 25, 2020 at 10:14

It looks tempting enough, the main thing is that such situations are a pattern, not a rare good luck.

Federico Lin Private in Trading Systems Sep 01, 2020 at 18:35

Oh, I definitely like the result and am attracted by the fact that you did not use too much leverage. Because I don't like the recent trend that everybody started to take risks when it's necessary and when it's an absolutely unjustified idea

Complete Trading Life in General Jul 29, 2020 at 18:06

There are many opportunities in the market that can be exploited. Another issue is that traders in pursuit of profit miss it and make mistakes.In fact, everything is easier.1. Demo.2. Training services from brokerage companies.3. Normal leverage range.

AAFX Trading in Brokers May 11, 2020 at 14:37

I think the broker is good for both pro traders and beginners. For newbies there are training videos, e-books, brochures of different difficulty levels.And there's support if you have any questions.If you are a beginner, don't forget there is a demo for training purposes. Pay attention to the description of the terminal and so on - there is a lot of information on the broker's website so that you can sort it out fast enough.

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Posts by Shakashakar