Recent content by Bearad

I get a grasp of any information I find online. When I noticed that I had transparent patterns on the chart, uptrend, favorable environment in the political and economic arena, thick volumes on buying and opened long position, and it was closed in minus, I started to seek the answer "why". As it...

I assume nobody wants to trade with spreads higher than 2-3 pips, especially when it comes to intraday trading, because you likely peopn a lot of positions and close too. Thus the biggest share of your profits will go to the broker in that case, the same applies to round-turn commissions...

Haha, I had some of my friends who started trading with me that were too excited by the idea of geting rich quick from the forex market. And where are they now? You have to have passion and patience to get something out of the market. That is what i learned from forex trading over the years.

It is absolutely essential. In order to be good at trading, you need to learn, but if you want to keep being good at trading any asset class, you need to keep learning. The more you learn, the better perspective you will have. Apart from unnecessary garbage or content of fake gurus, you can...

It is always interesting to watch traders who decide to make a dramatic change in direction. Sometimes it can be more difficult than starting from scratch. I wish you at least find something interesting for yourself and earn money of course. The market is an eternal challenge, but the profit...

Totally agree with your words. In my opinion, losses are really considered to be an inevitable part of trading activity. Some traders prefer to take a break from trading, while others continue bringing their mone back. I believe that it's not quite correct, because you have to give your organism...

Wow, that is one of the most informative threads I have ever seen on this forum. You did a really good job. I hope you keep on trading and I look forward to reading more of your posts.

Luckily, I've got stable Internet access at home, so that I don't feel pretty much bored being locked down. I found this whole period very suitable for broadening my horizons and explore the world. I took several courses and I did everything which I wanted to do before. So, this period of time...

You'd better stop thinking in such categories when you come to the market. Making $1000 out of $10 looks extremely risky and unlikely. If you want to make such a sum within a day, you have to take lots of risks and be lucky at the same time. You've got to make 7 consecutive successful trades...

It's impossible to guarantee successful trading actually. Nobody knows what will be going with you in trading. Everything depends only on you and there are no other factors. Of course, some breaking news and unexpected events can interfere your plans in case of fundamental analysis, however the...

I wonder what it could be else. Do you mean cryptos?

Don’t you lack the big liquidity of major pairs? I guess minors are less profitable.

You should contact your broker first. The most widespread reason for it to ignore pending orders is slippages which take place during high volatility. However, this case looks extremely weird.

I can confirm this too. I would like to ask. Don’t you trade major currency pairs? What’s the point in trading indices?

I guess that it's really important to trade with trailing stops because it's much more flexible than a fixed stop loss order. The successful using of trailing stops must include setting it at a level which isn't too tight and too wide, something between, you know. If you set a trailing stop...