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Type: Posts; User: babushkafx

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  1. Replies
    10
    Views
    160

    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...
  2. Replies
    28
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    1,081

    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.
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    20,994

    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.
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    1,081

    I use Skrill with Hotforex and satisfied with...

    I use Skrill with Hotforex and satisfied with withdrawal speed. Usually processed within 24 hrs.
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    6,404

    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...
  6. Replies
    10
    Views
    160

    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...
  7. Replies
    15
    Views
    10,877

    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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    18
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    2,877

    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...
  9. Replies
    28
    Views
    1,081

    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.
  10. Replies
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    842

    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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    630

    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.
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    10,604

    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.
  13. Thread: Fx Tpis

    by babushkafx
    Replies
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    272

    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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    414

    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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    573

    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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    691

    Yes leverage is good, but we should be careful...

    Yes leverage is good, but we should be careful with it. Because if your leverage is too high you may have a temptation to open position which size would be too great to burn your account just with...
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    536

    Long term traders should focus on fundamental...

    Long term traders should focus on fundamental analysis because only fundamental analysis can serve them an exact market forecast. Long-term traders can enjoy the actual taste of the market. Technical...
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    2,921

    I like low spread fast execution broker like...

    I like low spread fast execution broker like Hotforex because I use scalping strategy which requires high-performance platform which is often hard to find.
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    701

    The biggest problem of gambling that it is...

    The biggest problem of gambling that it is unsustainable in the long-run. You could have some nice gains with this strategy in the short-run but it is really hard to understand when and where you...
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    8
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    5,811

    There is a concept called tick volume in FX which...

    There is a concept called tick volume in FX which can be used as a measure of current volatility, for exchange-traded instruments volume is amount of an asset traded in a particular trade. It helps...
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    21
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    561

    It may be a tough task for beginner to reap pips...

    It may be a tough task for beginner to reap pips soon after starting to trade however patience will most likely result in a desired outcome. Also reliable broker is needed to avoid systemic risks...
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    106

    In order to earn more pips you have to set wide...

    In order to earn more pips you have to set wide profit targets and use low leverage which means your trading style should resemble swing trading or something similar with medium to long-term outlook
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    828

    I try to avoid gambling in my trading that may...

    I try to avoid gambling in my trading that may render void all my dreams to find a stable source of income. I avoid chasing large returns but instead focus on small steady gains. You should fit...
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    31
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    10,604

    I trade almost every day but I limited time I...

    I trade almost every day but I limited time I dedicate to trading activities to two hours a day. Also I spend quite a lot of time reading economic textbooks and analysing news. Since I do scalping...
  25. Thread: Scalping

    by babushkafx
    Replies
    25
    Views
    37,840

    I do only scalping with Hotforex thanks to...

    I do only scalping with Hotforex thanks to ultra-low raw spreads, my trading system generates many trades but due to low transaction costs it stays profitable.
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