Recent content by Buzanara

It's cool that you advise to trade on the demo, I also keep the same vision. Some traders believe that demo trading is just a waste of time and in my opinion there's a kind of rational kernel. The biggest flaw of the demo trading - psychology. You can't cognize all the essence of real trading...

I think overconfidence is a big thing as well. There's a concept called the newbie luck. Say you're just starting and you don't know much of anything, you run your book in the first month and you catch a few lucky breaks, it goes well and you're up like 10% overall. You start thinking you are...

If you mean the two opposite conditions of oscillators, I don’t believe that. You may think that it’s already oversold and it’s high time to open a long position, but at this moment you may be painfully kicked out from the market by market makers. Traders often fail to calculate or forecast the...

Exactly, buddy! Some traders still believe that high leverage applied to positions is the only way to multiply profits faster. Still, they aren't aware of risk management and actually that it's the main problem. As you have noted, the matter is to count risks as well, even though potential...

This is a very profitable method of trading. As you all know what is very profitable is always very risky. That's why not many traders use scalping. I want to say that people without discipline will not be able to do it. It's all written correctly. Besides, a lot depends on the broker. If you...

Another opportunity to earn money and have a stable income, what else? I believe binaries are somehow similar to forex trading, but the mechanism is a bit different. It doesn't mean that they are worse than forex trading, because the similar principle is grounded in both ways of trading. I...

Dunno for sure what might be considered as the best crypto, as I am not really fond of crypto trading but I can state that nowadays traders tend to refuse trading cryptos, as the bitcoin is super volatile these days. I would advise you to pay attention to etherium or maybe solana. These are...

Oh, I guess choosing the best broker isn't an easy task. You have to approach to this activity wisely as it may cause unpleasant consequences in future. However, as a rule traders always find the brokers which are suitable for them. 1) Pay attention to the regulations and licenses, this is the...

Ohh... That's quite sad I can state... In my opinion even if traders don't set such a goal to make money, at least not to make it a primary goal, they have to earn a bit. I can advise you wither to take a break from trading and start all over again later, or you can just trade on demo account...

I guess the main thing which traders have to know is that they should never wait money back when they invest them. It's a law. The more you are waiting for something - the less chances that it will happen. Imho, I believe that you have to pay more attention to the methods which you use when you...

i am not fond of using trading indicators, as during the whole trading path i understood that they are less effective than just ordinary trend lines and support & resistance zones. these days i tryna build up my strategy based on the volumes and sometimes i can include bollinger bands. i used...

I think it's possible, however it requires bunch of patience, skills and experience as well. Indubitably, trading activity implies generating income and profits, however you should devote a solid amount of time to trading in case you wanna become successful an trun 10$ into a 1000$. It may take...

From my perspective, your description of your strategy is too vague and theoretical to consider it seriously. I'd like to have examples from the real trading and see the overall results.

Many people think that they can buy some trading bot and relax while it will work and bring profits. Surely, such an approach is far from being right. First of all, I feel that it is a really awful idea to buy some software and confide your money to it. You cannot really know how it really works...

That is a great thought, by the way. I never understand the scalpers who brag about the number of the deals they do per trading session. I prefer to make one successful deal which will bring me several decades of pips rather making decades of trades which will bring me several pips.