Recent content by hitfx

Lol how does that make it a scam that you were lucky and didnt have as big of a loss? If it was a scam you would have got zero.

Looks like I lost 27%. I just processed final withdrawal by Bitcoin. I don't think it's a scam, just inevitable loss of a crazy high risk fund. :(

Obviously not a "scam" as they are clearly communicating with many clients including myself with updates. Only been 24 hours. Speculation is pointless.

I agree completely. You would also not have some people saying they are negative(!) and others only down 30%.

Just blown my account last week but that was very small account and I staked all on 1 trade. It was kind of double the balance or lose all, so here I am with blown account. That reminds us all to be proper risk managers while trading.

No doubt anybody can blow his account any time when he is not conscious about stops. If he is disciplined, he will use all possible managing tools to limit his loss. Even with high trading skills, nobody can gain unlimited profit from forex with using stop losses.

My first ever trading was without any trade plan and I made some profits as well. That was all just luck and soon I realized that it will not work in long term and there must be a proper plan to my trading or else loss is inevitable.

As it is discussed many times loss does not occurs automatically, there are certain reasons. When trader is least concerned to know , practice and low in experience how he can make profits. Normally all traders dream and plan for profit taking they forget risk.

Instead of blaming your broker, your first step should be choice of a good and fair broker. Do not trust on other traders for your investment trust on your skills by doing trading by your self you can grow slowly. Forex brokers don't generally go broke in short time, but still you should go for...

It is not always the profit but loss as well in forex trading. If you want to make money on regular basis then you have to accept the losses as well. This is the point where most of us got disappointed and leave the forex market.

There are many resources for better trading strategies as it polishes our skills I follow trading forums discussion and technical analysis. We should practice more in demo account and observe market movement then surely entry and exit point will determine precisely because Forex market...

Risk management planning is the most important factor and risk should be taken as well as it is afforded otherwise taking too much risk without having proper info or analysis it may lead towards loss because Forex market is full of risks. Before making entry into the market we must set take...

Forex EA industry is dying now and autotrading or copy systems are emerging. My experience with EA are not good and I will suggest to stay away from any EA

That is why I am not a fan of putting big money in just 1 broker. You have to diversify your investments. Like I am spreading in forex with different brokers and also in crypto with different exchanges.

Well, The broker that have no hectic procedures in processing withdraws are the best ones. Trade execution is very important factor if you are short term trader. So keep these 2 factors in mind while picking a broker.