Recent content by Anna Sergeeva

Anyway you should try to minimize losses even if your are completely beginner. So remember about money management and do no open trades for more then 2% of your deposit's amount.

Yes) And if you are not responsible, leave forex and go to casino))

Yes, real account even with small deposit changes your attitude to trading. It's impossible to compare our behaviour using demo and real accounts.

I totally agree with that! I can hardly believe in stories that someone had learned to trade on demo and then began to make good profits on real account without loosing money first.

I think that 500 for beginning is OK. When you'll feel comfortable with a broker, you can increase amount of the deposit.

I couldn't resist, so decided to go short on GBP. And I don't have any regrets on that desicion ))

Today is a great day for gold again! Unfortanetely I was afraid to go long at the beginning and now it became a little volatile.

May I ask you what leaverage it's better to use for beginners with for example 500 USD real account?

I completely agree with this opinion. We can see it today. Many traders were sure that situation won't come to this.

I think that all, even experienced and successful traders, use demo accounts. It helps to create trading strategy and build self-confidence. And experienced traders use it to test new strategies and new brokers. So we all use it)

I think that we shouldn't keep all eggs in one basket. So I totally agree with an opinion that it's better to work with 2-3 good brokers. So if something bad happens with one of them, you will have at least one more to trade with.

As I may see from my not big but experience, all brokers asks for docs for verifying. But unfortunately it won't protect you from scam, escpecially when we are talking about not regulated brokers.

And for better safety we can use demo accounts only ))))

For 15 min I use Bollinger Bands, MACD and RSI. I find this combination very informative.

From my experience, I knew that I have to trade on demo at least couple of months at the beginning. But it's difficult to do in real life) So I would advise to trade on demo to create strategy and after 1-2 months to open cent real account. You won't loose a lot, but it will give you an...