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Type: Posts; User: babushkafx

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  1. Replies
    45
    Views
    3,835

    Yeah, I found what I need at Hotforex - razor...

    Yeah, I found what I need at Hotforex - razor thin spreads on majors which sometimes fall to zero, fast withdrawals on Skrill, professional support with fast response and reliable regulation. Most...
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    8
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    706

    You can't trade on weekends with majority of...

    You can't trade on weekends with majority of brokers like Hotforex, however some brokers do offer limited set of pairs for weekend trading. But spreads are huge.
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    6
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    1,380

    Yes I would agree that competition in this...

    Yes I would agree that competition in this business is fierce. That's why we need reliable broker that will offer excellent prices and execution. It is really subtle aspect as you may not notice its...
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    5,999

    I use various scalping systems with Hotforex,...

    I use various scalping systems with Hotforex, haven't noticed any restrictions or limits from them so I guess it is pure ECN broker.
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    6
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    304

    Yes you will likely fail if you jump straight...

    Yes you will likely fail if you jump straight into live trading without practice. I spend 6 months on Hotforex demo to get confidence in my trading system and then started to make money on live...
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    5
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    3,961

    I don't advice to enact high leverage because...

    I don't advice to enact high leverage because large loss is hard to recover. If you want to find trade-off in setting tight stop loss and limit risk in money terms then think about how you will...
  7. Replies
    19
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    7,613

    Forex market is highly liquid which means you...

    Forex market is highly liquid which means you have great flexibility in the size, time and period of holding position. However this comes with a caveat as efficient markets are really hard to beat.
  8. In my view the most beneficial trading strategy...

    In my view the most beneficial trading strategy is scalping because price predictions are short-term and uncertainty (unquantifiable risks) is less in this case, hence you have better control over...
  9. Replies
    31
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    4,102

    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...
  10. Replies
    15
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    4,140

    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...
  11. 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?
  12. Replies
    14
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    2,225

    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.
  13. Replies
    15
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    1,421

    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...
  14. Replies
    45
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    3,835

    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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    188

    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
  16. Replies
    15
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    1,421

    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...
  17. Replies
    27
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    516

    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
  18. Replies
    32
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    3,242

    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...
  19. Replies
    27
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    516

    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...
  20. Replies
    28
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    1,348

    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.
  21. Replies
    25
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    22,988

    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.
  22. Replies
    28
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    1,348

    I use Skrill with Hotforex and satisfied with...

    I use Skrill with Hotforex and satisfied with withdrawal speed. Usually processed within 24 hrs.
  23. Replies
    15
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    6,507

    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...
  24. Replies
    27
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    516

    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...
  25. Replies
    19
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    12,302

    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
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