Recent content by Androlen

I'd argue concerning the literature, because some literature for trading psychology can be useful, especially for beginning traders who can't control their emotions, who don't know that rushing is bad, who get ouraged all the time after a loss and put the blame on the broker and other stuff, you...

Such books are usually entailed with classical psychology. I am not sure there are certain books that are about trading psychology, perhaps they exist, but I haven't encountered any yet. Try spiritual practices also, such as breathing, yoga and meditation. They are well-known for calming down...

Unlike the fiat currencies, Bitcoin can be traded at night as well. Just to note that I am taking the European session as a reference, and what constitutes a night during this session. I have done that and there is no significant difference whether you trade during the trading day or at night...

All the JPY pairs, but the most profitable was the GBP/JPY. Not only because it’s crazy volatile, but also because the charts are much easier to read. Try it, but carefully:)

I can't share any specific channels or resources, so, as I can see many folks before me have already done it, I just want to guide you a bit. If you are going to delve into trading, then self-education is one of the most significant parts of it. I just wanna share some ideas on how to...

I believe more in the conflict between the SEC, Gensler and certain cryptos. He didn’t mind cryptos when he was applying for the job at Binance. Or when the story of FTX unfolded. But now all of a sudden he is against Binance and the number of crypto exchanges and assets. Looks a bit sus to me.

Hanging out on the forum to see what people get up to:)) Jokes aside though, I read here on what people think about, where they are moving their money towards, and try to get a feeling on the market sentiment on the forum. Other than that, I just live like most people live, do what they do, try...

True. It’s still far from the reversal that I was hoping for. Yet, I also think that dollar rallying is far from over. Considering the FED doesn’t even think to stop rates hiking cycle.

I had such a feeling when I was a newbie. When you know very little about trading you may perceive it as a game. Once you try to take it seriously, you’ll have to face losses, take a bunch of blows and finally gain some wisdom. Then you realize that it’s not a game, but a job and just like any...

One thing I would like to put emphasis on is getting a mentor. It is like starting to fitness with a personal trainer from the ground up. People are just jumping into the markets without any external help or any proper knowledge, some just luck out and get a few successful trades, but that...

I traded on a demo account for a year. It was a very exciting thing and my first acquaintance with the world of Forex. Of course, later I realized that I should not have traded on a demo account so long. It instilled me some bad habits I had to get rid of later. It’s a big problem when you trade...

I guess it’s not time yet to define if the bull trend for these major currencies is over. But it seems to me some signals or reversal can already be detected. Or maybe I’m just tripping=)

It definitely takes courage to make your P&L results and updates publicly availble on here. Kudos for that.

I also trade metals sometimes along with major currencies. Overall, there is no shortage of assets at iForex, so you should choose some that are suitable for you. Because if you’ll search for the assets that are interesting at the moment, I guess the only thing you’ll have the time for is...

I think you shouldn’t hammer down all this economic data. Technical analysis is the way to go in the beginning. Maybe later you will come to fundamental if you’ll have this urgence.