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Type: Posts; User: babushkafx

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  1. Replies
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    58

    I also watch Hotforex webinars to learn something...

    I also watch Hotforex webinars to learn something new because it's hard to figure out where to start and what to use if you are a newcomer.
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    What about Hotforex? It's regulated by FCA. Have...

    What about Hotforex? It's regulated by FCA. Have you tried their platform, I think you'll like it
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    let's not confuse ease of placing trades with...

    let's not confuse ease of placing trades with ease of making profitable trades (have high win ratio) for a relatively long span of time. The latter requires decent trading knowledge and hard work and...
  4. Yeah I also noticed that my broker Hotforex...

    Yeah I also noticed that my broker Hotforex reported that it's client base has swollen means there is a growing demand for its services and it means there is an incentive to become better as...
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    You can make additional step towards safety if...

    You can make additional step towards safety if you choose FCA regulated broker like Hotforex. By the way the also have CySec and FSA licenses but I pay attention only to their affairs with FCA.
  6. Thread: Scalping

    by babushkafx
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    4
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    109

    I trade scalping with Hotforex and can say that...

    I trade scalping with Hotforex and can say that if you have patience and you are diligent in your studies of trading sciences you will be able to make consistent income, not sure about if it will...
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    Success depends on many factors but one of the...

    Success depends on many factors but one of the most important is ability to learn from your own mistakes and mistakes of others, i.e. keep your learning curve ascending.
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    178

    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...
  9. Replies
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    150

    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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    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.
  13. Thread: Strategy

    by babushkafx
    Replies
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    2,609

    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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    1,820

    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...
  16. 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.
  17. Replies
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    732

    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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    2,193

    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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    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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    8,169

    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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    2,885

    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.
  24. Thread: Confidence

    by babushkafx
    Replies
    16
    Views
    3,149

    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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    543

    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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