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Type: Posts; User: babushkafx

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  1. Replies
    31
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    4,034

    Agree, greed has detrimental impact on trading....

    Agree, greed has detrimental impact on trading. That's why I never overtrade with Hotforex and stick to my trading plan that limits number of trades in a day I can make irrespective of the profit I...
  2. Replies
    15
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    4,107

    I strongly do not advice to pay for trading...

    I strongly do not advice to pay for trading education because most what you need to start you can find online free, while trading secrets can't be for sale as you can earn more from them applying...
  3. Agree, we should trade only with ECN brokers like...

    Agree, we should trade only with ECN brokers like Hotforex because brokers with these type of liquidity aggregation are the cheapest and most efficient?
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    14
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    2,189

    I use 1:50 leverage at Hotforex and I feel it is...

    I use 1:50 leverage at Hotforex and I feel it is pretty enough for me as I set moderate trading goals and try to rely on my own money instead of broker debt.
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    15
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    1,398

    Agree, we have to focus on the process instead of...

    Agree, we have to focus on the process instead of ultimate goals because if you don't accomplish them it creates frustration. I trade scalping with Hotforex and I try to have fun from exploring and...
  6. Replies
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    3,736

    Great choice but I found that my swap arbitrage...

    Great choice but I found that my swap arbitrage system requires broker with better swaps, so I set my choice on Hotforex.
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    7
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    163

    I think every newbie should spend 3-4 months...

    I think every newbie should spend 3-4 months trading on demo and only then start to gradually switch to live account. I decided to stay with the broker where I started, i.e. Hotforex
  8. Replies
    15
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    1,398

    Forex trading is great but it is hard to turn it...

    Forex trading is great but it is hard to turn it into sustainable source of income as market is sometimes hard to predict and losses are inevitable. Otherwise it is a great opportunity to improve...
  9. Replies
    27
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    472

    Yeah FPA helped me a lot to choose a broker that...

    Yeah FPA helped me a lot to choose a broker that suit my needs. After careful research I decided to go with Hotforex
  10. Replies
    32
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    3,192

    I don't like to all as well but I learned to...

    I don't like to all as well but I learned to accept losses so it doesn't stir emotional response which is detrimental to trading. This became possible because I employ carefully designed risk...
  11. Replies
    27
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    472

    Forex beginners should start their trading...

    Forex beginners should start their trading journey risking only what they can afford to lose. That's why it's strongly not recommended to use high leverage which can cause great damage in a blink of...
  12. Replies
    28
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    1,321

    One of useful suggestions is to cooperate with...

    One of useful suggestions is to cooperate with brokers that has solid regulation like Hotforex, this would ensure you won't lose money all of sudden for example due to broker bankruptcy.
  13. Replies
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    22,740

    I trade BTCUSD with Hotforex because it has...

    I trade BTCUSD with Hotforex because it has volatility which in turn is the source of profit opportunities. Stablecoins are good for preserving capital but not for trading.
  14. Replies
    28
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    1,321

    I use Skrill with Hotforex and satisfied with...

    I use Skrill with Hotforex and satisfied with withdrawal speed. Usually processed within 24 hrs.
  15. Replies
    15
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    6,490

    Risk is inherent to FX trading especially if you...

    Risk is inherent to FX trading especially if you are beginner and just started to accumulate knowledge, your perception of risk will most likely be incorrect. However, to reduce losses I think...
  16. Replies
    27
    Views
    472

    Forex beginners should start their trading...

    Forex beginners should start their trading journey risking only what they can afford to lose. That's why it's strongly not recommended to use high leverage which can cause great damage in a blink of...
  17. Replies
    19
    Views
    12,077

    To trade profitable we need to have...

    To trade profitable we need to have low-transaction trading platform which depends on broker's ability to find and gather liquidity. An example of such broker is Hotforex
  18. Replies
    19
    Views
    3,092

    Yes license is a top priority when choosing a...

    Yes license is a top priority when choosing a broker because in case of force-majoure like bankruptcy you can suddenly discover that you can't recover your capital since it wasn't in segregated...
  19. Replies
    28
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    1,321

    I use Skrill and Webmoney with Hotforex because...

    I use Skrill and Webmoney with Hotforex because withdrawal speed is the fastest when we use those payment methods, imo.
  20. Replies
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    958

    I avoid trading in times when spreads are high...

    I avoid trading in times when spreads are high that's why the window for trading activity with Hotforex for me is limited to 3 hours when NY and London sessions overlap and when there is peak of...
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    21
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    775

    You can use any leverage if you know how to...

    You can use any leverage if you know how to calculate pip value and compute lot size that will correctly reflect money risk you are willing to take. I use this approach with Hotforex.
  22. Replies
    31
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    11,434

    I trade every day with Hotforex since I do...

    I trade every day with Hotforex since I do scalping and my profit depends directly on that.
  23. Thread: Fx Tpis

    by babushkafx
    Replies
    10
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    360

    Leverage is not bad in itself, but what is wrong...

    Leverage is not bad in itself, but what is wrong is when you do not understand the market and lack proper risk management before you use leverage. And most use high leverages during this time and end...
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    456

    The basic principle is that market is close to...

    The basic principle is that market is close to efficient state means most information that you see which you deem important is most likely has been priced in. It means you have to make correct...
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    670

    It's great broker however I would rather try...

    It's great broker however I would rather try Hotforex because it's raw spread account is really an innovation it helps to greatly reduce trading costs.
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