Trallod's Posts | Myfxbook

What safety measure I need to take before choosing any forex broker? in Experienced Traders Jan 13, 2022 at 19:10

The main thing is to be convinced that your broker can be considered as trustowrthy one. You have to check all he regulations, certifications and licenses in order to be sure that your broker execute its duties in accordance with special regulator. Moreover, you should check the system of depositing and withdrawing money. Sometimes unhonest brokers cheat on their traders because of this system. They allow traders to deposit money but they don't let traders to withdraw earned sums. There are plenty of peculiarities actually. In addition, you can check reviews in the internet about particula...

Newbie wannabe Trader in New Traders Nov 24, 2021 at 07:58

The main here is to set a goal, actually you successfully handled this task and I guess that the next step for you is to start gradually explore the main peculiarities in trading activity. After it you can start set financial goals. In my opinion, the first task for you is to learn how to lose money. I've not mistaken actually, it's really like that.If you will learn how to lose money, then probably it won't be difficult for you to learn how to earn them. The vast majority of traders can't admit the fact that trading on your initial stages is just the easiest way to lose money,...

GOLDEN Rules of Profitable Trader's in Experienced Traders Oct 29, 2021 at 10:46

Great rules for profitable trading I guess. In my opinion, traders should always search for some opportunities how to monetize their time which they dedicate to trading activity. No doubts, that if we speakabout firts steps in trading activity, as for monetization, then it's pretty difficult to tell about it because traders are used to lose their money. Nevertheless, they always should look at these situations as on the opportunities, which are opened for them and help them to earn much more money. It seems to me that traders are used to think negatively after lose streak, so I just want t...

Entries(SNIPER) and High reward entries in Experienced Traders Dec 06, 2020 at 17:02

A new day - new opportunities.I believe that you can try different things and develop under all circumstances.Much depends on motivation and desire.

Money Management Tips in General Oct 30, 2020 at 10:26

To better last with your money you need to get rid of dreed for money most of the traders develop greed the moment they make a significant amount on their first few days trading forex and son they keep on trading recklessly with the hope that they will make a lot of cash.

TeleTRADE in Brokers Oct 28, 2020 at 21:44

I like copy-trading in TeleTrade. The filter system is very well thought out. It helps you choose the trader that best suits your needs.

TickMill in Trading Systems Sep 20, 2020 at 14:25

For today it is more actual than ever!

Elo Trading EA in Trading Systems Aug 18, 2020 at 16:21

It's a great result. But here you use a very large leverage. I don't think it's always relevant, because you have to have a lot of capital for this kind of work.And most traders work with small or medium capital. I think it will be difficult to adapt it for everyone.

Forex is a business in New Traders Aug 05, 2020 at 17:02

Neither do I understand those who think that trading is not a business, but just a hobby. Because in fact, trading is a very complex business, in which there is a lot of competition. Actually, it's very hard to make money in Forex. Because the method of profitable investment is very difficult to learn. It can take years before a trader becomes a profitable trader. So you need to take Forex seriously, as a full business and method of earning.

ASIC regulation in General Jun 21, 2020 at 14:31

If a brokerage company has regulation, then it's fine. Because usually the regulator provides insurance of certain amounts in case traders lose money through the fault of the brokerage company. The only limitation is that they do not compensate very large amounts, but in the range of 10-20 thousand dollars they usually do.

Ruby Forex Expert Advisor in Trading Systems May 30, 2020 at 15:01

Recently, there have been quite a few such advisers. But you shouldn't relax before the time, you should check everything first. Especially when it comes to your money.

20 trades to become millionare - is it possible? in New Traders May 12, 2020 at 15:17

I don't even know... Sounds kind of unlikely. As a minimum. If you've thought about it, I doubt that only you've alone ever had a strategy like this and nobody else. But since we haven't heard of anyone succeeding with a similar strategy, I doubt it's even possible.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Apr 28, 2020 at 12:08

Ok, so cryptotrading is cheaper than forex but it is certainly not the safest, Cryptotrading is the riskiest form of trading that I know of online. Forget about only you having access to the wallet. There are so many hackers out there that canget acess to your wallet. A lot of scammers also roam around cryptotrading. I am not agains it but whoever gets involved in it should take caution.

TeleTRADE in Brokers Apr 21, 2020 at 16:13

I invested a significant portion of my savings in trading with TeleTrade. What I like - your money 'go into turnover' even before you become a trader. I was learning trading with my tutor and I was. at the same time, trading with TeleTrade copy-trading feature. It gives you a possibility not to trade and rely on yourself, but to copy other traders' strategies and earn money with your master-trader. I don't think that copy-trading is suitable for all traders, but it's good.

Mistakes. in General Apr 09, 2020 at 18:51

To the last poster, I really do not see that you are here by mistake honestly and completely, I do need to tell you something like that not many people come to such high visited trading forum and tool by simply some mistake absolutely.

Newcomers and demo trading in General Apr 08, 2020 at 18:19

Everything is always about beginners and demo accounts. The beginnersshould have knowmn this by now. Why would they be offered a demo account first before they go live. Anyone who skips the demo account has themself to blame. Only skip a demo account if you have switched to another plaftform which is not recommendable. You cannot just be a good trader without practice.

How to answer what do you do for a living? in Experienced Traders Mar 10, 2020 at 17:43

And I would just say that I am engaged in private business or that I work remotely, I never talk about my passion for trading openly. Anyway, no one can understand it except those I communicate with on forums. That's why I don't want to give any unnecessary reasons for ridicule or anything like that. It seems to me that this is exactly the case when you should keep your mouth shut.

How can we find a reliable platform? in New Traders Feb 23, 2020 at 12:03

Choosing a reliable broker is very essential, as it determines a lot with regards to your success as a trader. There are so many brokers out there, but it's iportant to first look at whether a broker is regulated or not. You should also consider the fees that are charged on transactions, and the reviews that other traders have concerning the broker

The future of Crypto in Crypto Jan 27, 2020 at 19:08

IT's not very bright anyway so people may want to get back on you really and completely and you may do the same for them. How will you plan to prolong your doings here? I do not assume that much. Thanks for that matter anyway.

Newbie ans strategy in New Traders Jan 04, 2020 at 10:32

Everything written is true, especially the phrase about capital safety. That's one of the most common beginners fails, as beginners want to obtain quick results and want to earn fast. Following such dreams, newbie traders rise risks and take risky deals and, as a result, blow up deposits. That's sad but true and finally such traders say "forex is not a place where you can earn" and than quit the trading. The only thing all beginners should learn first is that profits don't matters, the first importance thing is not to lose own deposit.

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Posts by Trallod