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Type: Posts; User: babushkafx

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  1. Replies
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    47

    Great which strategy did you use with them?...

    Great which strategy did you use with them? Scalping or swing trading? Personally I prefer to trade at Hotforex platform because tight spreads help me to make profit from small price movements which...
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    I trade with Hotforex demo and satisfied with...

    I trade with Hotforex demo and satisfied with results? really love mt5 backtesting capabilities, much more efficient at higher timeframes that MT4
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    158

    It is hard to survive in this risky trading...

    It is hard to survive in this risky trading market. Forex is one of the riskiest markets in the world. Many people are losing money compare to earning. However, there are a lot of opportunities to...
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    I've never traded without a strategy, my first...

    I've never traded without a strategy, my first and the easiest one was basic S/R level strategy with key levels identified as some rough numbers or notable price marks which looks important for the...
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    Agree with you. I also chose Hotforex because it...

    Agree with you. I also chose Hotforex because it has FCA regulation and very low spreads on major pairs.
  6. Thread: Strategy

    by babushkafx
    Replies
    6
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    2,301

    In my trading I never go beyond 1:100 leverage...

    In my trading I never go beyond 1:100 leverage because it becomes really hard to control risks, the chances are high that during volatility outbreak, your stop losses will be triggered too often.
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    Most new traders think he is going to be rich...

    Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not...
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    1,549

    Choosing a broker in a forex market is a...

    Choosing a broker in a forex market is a difficult job. because there are so many scam and fake brokers available in the forex market. As a trader, I am trading with Hotforex. They are very reliable...
  9. I guess USD will appreciate even more because now...

    I guess USD will appreciate even more because now markets expect the Fed to hike interest rates faster.
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    514

    For beginners D1 and H4 is the best. Lower time...

    For beginners D1 and H4 is the best. Lower time frame is very much volatile. Yes you will get the result quick. But for trading psychology plays the important role. Higher time frame helps more to...
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    1,889

    Not having a circuit breaker Forex market is...

    Not having a circuit breaker Forex market is always risky cause sometimes the Forex market collapse too much like one day might do around 500 pips easily so these 500 pips might be heavy dangerous...
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    I trade breakouts with Hotforex using scalping...

    I trade breakouts with Hotforex using scalping software, thanks to fast execution many orders are filled in profit. One of the best brokers which I 've tried so far.
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    Trading without knowledge can be considered as...

    Trading without knowledge can be considered as betting on luck, however when you make many trades, statistical laws almost guarantee that you will be on the losing side. That's why I trade with tight...
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    5,443

    I didn't notice any major drawbacks trading with...

    I didn't notice any major drawbacks trading with them, even scalping is smooth and fast which is rare feature in modern FX broekrs.
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    6,443

    I also combine RSI and MACD with price action on...

    I also combine RSI and MACD with price action on Hotforex because naked price action is overly simplistic hard to be unbiased.
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    2,639

    I also use Hotforex demo to backtest trading...

    I also use Hotforex demo to backtest trading systems using historical prices and it helps me a lot to filter out losing trading methods.
  17. Thread: Confidence

    by babushkafx
    Replies
    14
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    2,738

    I'm fully convinced that confidence in trading...

    I'm fully convinced that confidence in trading can lead to mistakes because its easy to confuse it with overconfidence and complacency. We have to always make sure that losses won't be unexpected and...
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    I prefer to use small leverage with Hotforex...

    I prefer to use small leverage with Hotforex because I prefer to have better control over my loss rather than hunt for huge profitable trades.
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    As a newbie, you can learn the technique by...

    As a newbie, you can learn the technique by creating a demo account. It will help you to find out the problem what you are facing while trading. It also helps to reduce your losses and create an...
  20. Thread: Risk an Fx

    by babushkafx
    Replies
    9
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    578

    Crypto currency especially bitcoin getting hype...

    Crypto currency especially bitcoin getting hype in 2020. Bitcoin reach record break high almost 10k in this year. However, sudden long also witness trader in the market. Lot of trader loss huge that...
  21. Thread: Forex Tips

    by babushkafx
    Replies
    23
    Views
    7,708

    I also use signal copying service from Hotforex...

    I also use signal copying service from Hotforex it's called FxStat. They have very user-friendly integration with the broker and also rich in functionality.
  22. Thread: Risk an Fx

    by babushkafx
    Replies
    9
    Views
    578

    Try MACD convergence (slower MA intersecting...

    Try MACD convergence (slower MA intersecting faster MA) I have great results in trend predictions using this system with Hotforex, low spreads help to reduce costs.
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    I began trading with Hotforex with only 100 USD,...

    I began trading with Hotforex with only 100 USD, as my trading improved I started to gradually increase trading capital by adding more money and chose higher lot size progressively to get higher...
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    I trade scalping with Hotforex and can certainly...

    I trade scalping with Hotforex and can certainly say that trading is one of the best sources of independent income from online activity. However it requires proper training and strong miscellaneous...
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    2,142

    Unfortunately only scalping strategies currently...

    Unfortunately only scalping strategies currently work in FX trading due to high economic uncertainty and volatility. I use simple scalping strategies with Hotforex with focus on major pairs due to...
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