Recent content by Centrirdana

You can't trade profitably without any knowledge. Of course to kick off, you need to have basic understanding of the sphere, to realize what is risk tolerance, how to diversify risks and so on and so forth. At the same time, experts prefer to receive more in-depth knowledge about very specific...

Try different technical approaches with different tools and see what resonates with you at this point. And trade, trade, trade. I’m afraid there is no other solution. But don’t try to open deals with bigger volumes. I don’t know your initial deposit, but even if it’s more than $1k, trade micro...

If you are doubting that the broker you had chosen have hidden fees, then think of whether you need such a broker or not? Typically, yeah, as someone above has said, everything is concealed in terms and agreements, in different policies and so on. However, if there's no information about hidden...

I tryna trade only majors. You know, I learned trading on them. I actually started practicing on the demo from eur/usd, gbp/usd and stuff like that. However, sometimes I seek for some nice entry points on minors and exotic ones. It helps me to catch best opportunities, you know, when you see a...

It's good to see our team getting bigger and bigger...

Trading is forever. That's for sure. However, traders gotta be attentive and take everything as an experience and knowledge.

It's cool when people share their experiences and when they are willing to show their results/observations/mistakes. This is really important and I think a lot of people are interested in it regularly...

Each EA is a separate entity, I would not rely on general parameters and general recommendations.. It is best to remember what it was called or search for recommendations specifically by EA name.

Guess that all of these scam techniques have no correlation with futures or forex. Scammers are everywhere. You can accidentally face futures scam broker or forex scam broker. The matter here is to be suspicious until you will feel comfortable with the broker. You have to pay attention to all...

Actually they are synonyms. They both assume that the downmove (assuming a prior uptrend) is temporary and that the uptrend will eventually resume. Of course, if this assumption proves unfounded and market continues lower, the retracement or pullback will lose that label and instead be labeled...

Lot is a thing which is sold on auction when traders finally come to the conclusion that they'd better stop losing the money on forex.

As for me, I think that the appropriate percentage of risk is about 2-3%. 5% is too much I think if we talk about the risk in one particular deal.

Very informative post. I just like the simplicity of the calculations made which enable traders calculate their risks in every particular deal. Actually, this can be made as an excel file where you can just type in the numbers and receive the answer. That would be really convenient. The...

I try to give advice traders regardless their experience, because they're common as a rule. The main advice for an intermediate trader is just never stop doing anything. The main mistake of traders is that they always give up the idea to continue forex trading or trading activity at all, because...

The lack of normal regulation of binary options brokers was the reason for this. Suppose 80% of the traders bet that the price of oil will go up. The company looks at this and thinks, "Hell, if only 20% of them win, we'll save a lot of money. A special algorithm takes care of everything. Then...