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Type: Posts; User: FishnPips

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  1. Replies
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    This is more common in stock investing via ETFs...

    This is more common in stock investing via ETFs and Indexes than it is FX. The chances is are that asking for this will lead you to get contacted by loads of scammers. There are lots of ways to make...
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    I think using a stop loss is integral to my risk...

    I think using a stop loss is integral to my risk management. Those that say oh well what if it then flips and goes your way? Well then your entry was wrong. I don't see any reason not to use a stop...
  3. Thread: Confidence

    by FishnPips
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    25
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    5,142

    For me confidence comes from having a large body...

    For me confidence comes from having a large body of data from extensive back and forward testing. This simply gives me the confidence that if I am wrong, it won't matter long term. Too many take...
  4. Thread: Which Broker

    by FishnPips
    Replies
    44
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    3,806

    Best thing you can do is go to a number of...

    Best thing you can do is go to a number of reputable review sites and see what is out there but you MUST know which conditions you require based on your trading style and geographical location (this...
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    The Animal Farm is getting launched on the 18th...

    The Animal Farm is getting launched on the 18th October so definitely worth looking into now if you're thinking about it. I have a few videos on it on my YouTube channel if interested.
  6. Thread: Which Broker

    by FishnPips
    Replies
    44
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    3,806

    I found them decent as well as IC Markets for...

    I found them decent as well as IC Markets for scalping as they offer a raw spread account. That being said the commission is a little higher.
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    3,150

    I've never understood this mentality in trading...

    I've never understood this mentality in trading where people think they can come in to multi-trillion dollar per day markets with NO education and do anything other than get battered. You wouldn't...
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    Leverage automatically meaning higher risk is...

    Leverage automatically meaning higher risk is something that really annoys me. High leverage in itself isn't risky. Misuse of it is.
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    It's possible to make money trading for sure but...

    It's possible to make money trading for sure but it's not reliable and the truth is few will actually make money trading.
  10. You can start with even lower than that - $10 of...

    You can start with even lower than that - $10 of BTC in CedarFX, $5 with XM etc etc. Whether you should use that little is another question. Whatever you do you it MUST be risk capital
  11. I think we are going to see BTC at least wick...

    I think we are going to see BTC at least wick below the low we saw in June. I see a gap on the daily around 12k that I would like to see tapped into before it goes.
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    This is looking at it in completely the wrong...

    This is looking at it in completely the wrong way. It's not about making MORE money but taking LESS risk. By utilising leverage, the same way you do with a loan. You extend your buying power but this...
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    Narrowing your focus to a single pair can be very...

    Narrowing your focus to a single pair can be very useful as there is so much information out there that one can become overwhelmed and not know what to do. Learning how an individual pair moves, the...
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    463

    The rest of the ecosystem is very interesting as...

    The rest of the ecosystem is very interesting as well bringing in crucial external revenue as well.
  15. How it reacts at 28k will be really key for what...

    How it reacts at 28k will be really key for what it does next. If it reacts bearishly (as I expect it to) then we could see a large impulsive move down past the recent low of 18k to 12-15k. If we...
  16. While structured the rally looks very much like a...

    While structured the rally looks very much like a retracement from a bearish impulse at the moment which is allowing orders to be built in to sell off again around the 28k mark. The lack of strong...
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    The broker has to make money and that is...

    The broker has to make money and that is something that needs to be considered in this discussion. If a broker has ultra low spreads then generally the commission per lot will be higher and...
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    It's hard not to react at all but the key is to...

    It's hard not to react at all but the key is to not OVERreact. There may be some initial disappointment but the key is to keep it in perspective and then analyse the trade to see if there is anything...
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    I don't think regulators are as useful as some...

    I don't think regulators are as useful as some seem to think they are. They have the power to shut down an operation or broker very easily and then hold onto funds for an extensive period of time....
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    I like the BEP20 tokens personally. I'm...

    I like the BEP20 tokens personally. I'm particularly invested in Drip at the moment.
  21. I'm not so convinced it has. On the daily chart...

    I'm not so convinced it has. On the daily chart it still looks bearish overall to me and until we test the $28k level and even break the $30k range I don't think we can call this anything other than...
  22. Nothing to suggest that it is in my opinion....

    Nothing to suggest that it is in my opinion. Higher than expected US CPI data today will cause more risk off sentiment and money to flow into USD and out of equities, especially risky ones like...
  23. Thread: All newbies

    by FishnPips
    Replies
    15
    Views
    6,546

    $1000 minimum will alienate a lot of new traders...

    $1000 minimum will alienate a lot of new traders to be honest. The leverage on offer is good compared to a many regulated brokers but there is better available out there if you want it with other...
  24. Unfortunately the hacks and losses have...

    Unfortunately the hacks and losses have undermined Solana's standing as THE alternative to ETH. If it can't be secured properly then developers aren't going to build on it and will favour other...
  25. Clickbait much. Was hoping to see something...

    Clickbait much. Was hoping to see something insightful in these times but no.
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