Recent content by Akimuro

that is right and I believe almost every trader started from small amounts. it makes sense, because it teaches you and simultaneously you aren't burdened with constant thoughts inflow like "oh, I have lost this or that position, what a disaster, catastrophy"... you lose very small sums which...

Traders are lose because of the wrong mindset and psychological set up, to speak so. Initially, they come into the sphere with a setup like "there's nothing difficult to make money on forex, as there are many tutors and learning courses, it's a piece of cake". Surely, such approach is quite...

Hello and welcome friend! Tell us more about your goals and expectations from the trading:)

I think it depends, as always. Some traders, including me, don’t pay attention to spreads whatsoever. They don’t choose brokers according to this aspect and that’s because of their trading approach that is not sensitive to the tightness of spreads in the first place. But if you are a scalper...

Firstly, you should find the most objective resource which doesn't play in someone's interests. It's kinda difficult because BBC, CNN and FoxNews for example, transmit the same information in a very different way. Hence, you have to either check the information in various news media and after...

Nice to meet you here. You perhaps have to take on yourself plenty of work in order to reach success in trading. Of course it doesn't mean that you will spend years, it's enough to learn and practice for several months in order to understand all the mechanics of the market and the price changes...

It depends on the strategy and how they are implemented in real life. Some of the trading strategies are absolute trash. They just don't work and are unable to bring any consistent and predictable profits. However, there is also another problem. Trading strategy may work but the trader can be...

It is great that you've made up your mind to try your hand in algotrading. The research is of utmost importance there and you've got to take some time to test your bots and come to the adequate conclusion of which bots really work and which are just a piece of trash. I still think that you'd...

Trading can be the main source of income which will provide you with the high-quality of life but it is really hard to achieve. There are lots of traders who don't do any other jobs except for trading, but in most of the cases they work for some funds where they manage the money or banks. As for...

The first steps in trading should be all about learning. One of the most common mistake is when the newbies try to make first profits. The most pathetic thing happens after their first success and they start thinking that they understand the market and forget about everything of common sense...

There are no certain requirements for those who consider trading as their primary activity in future, or maybe even to build a trading career, you know. Every person in our world can become a successful trader everything he/she should own is patience and an ability to perceive new information. I...

You can trade without stop loss whenever you want to trade without it actually. Such instruments like stop loss and take profit serve you as a real airbag while you're trading. TP is always used to restrict the possible profit (one can say that it's bad, however it's really useful thing when...

In my opinion, maybe it sounds quite pessimistically, it's impossible. The only way one can try it is scalping, however I don't think that it takes only a day. Maybe some professional tradesr from wall street can show others such focuses, but a common trader isn't able to make such amount of...

In my opinion, account size influence only the success of your trading activity, you know. I mean the higher deposit the faster you start get good money. For trading full-time you have to have a deposit at least 1-2k $ to make good money. Remember that first deposit accroding to statistics will...

That's right. There are lots of things which can influence a trader's strategy choice. Timeframes, style of trading, goals, skills and experience, everything influence the strategy. In my opinion a trader must choose a strategy according to all of these things. There are no best strategies...