Recent content by Gazel

exactly! psychology matters much more a lot then one can think of it, because when your mind is focused on trading, when you clearly understand objectives, work on fears and do your best to diminish the impact of such things as fomo, trading gets smoother. I had an experience of trading both...

Yeah, partially I would say. Spreads and fees play an important role and if the one doesn't know when to trade or how to manage lot sizes, then of course these things can easily devastate the deposit. There are such rookies who open and close tons of orders daily just because they want to test...

The market is definitely driven by fundamental factors. Even if you are a day trader for example, it doesn't mean that certain event with bad consequences for the asset you are used to trade won't affect your positions. It will, basically. That is the reason why even if you are more about...

I always use limit order in my trading setup. It’s because the right situation on the market occurs during an uncomfortable time for me and I need to get my orders placed at a certain price point to gain maximum efficiency. The same goes with s/l and t/p. Actually it’s even more crucial to set...

Wow. I guess if you haven't overburnt yet, it's a huge luck to have such a strong addiction that mean no bad consequences for mental health. Anyway, I think if we take an ordinary trader, then addiction to trading rarely leads to something you experience. Usually, it causes bad repercussions...

It seems to me that all these calculations look good only on paper, until you start to trade. Once you begin this sophisticated activity, you immediately realize that the calculations you made have nothing to do with reality. All those numbers and percentages that you wrote are not applicable in...

I hope =) I work a lot on my trading psychology improvement because I consider this thing as the basic one, because these days traders are so anxious and depressed because the various political and economic events in the world. Hence I try to do everything in order not to be depressed and...

The very first thing and actually the fundamental one is to find a proper expert advisor, it might be either paid or free, either require access to the internet or not, either it's fully automated or not. There are dozens of peculiarities in trading with EAs, but the fundamental thing is the...

As far as I concerned, there are lots of countries who said goodbye to binaries and will say goodbye to binaries in future. Here everything depends on how the government of particular countries perceive binary options. In my opinion, countries do it mainly because brokers which provide the...

I think that the best option for avoiding scammers is to be more suspicious to everything you face during your trading path. Of course, people have to trust each other, however it's better being suspicious and vigilant rather than face scammers. If we speak about brokers, then here everything is...

What a pity to hear! So that probably means that brokers don't really care what trading methods you use until profits accumulate? That's so UNFAIR! If they let you execute these trades and don't turn trading orders down immediately, why later come back and revise the trading results!? Looks...

Thanks for sharing the part of the statement! I wish I could see all of it (a matter of a personal interest). From what I see the last successful withdrawal happened November 4. Would that be correct to assume that until the end of November all was fine and you've been withrawing your profits...

I feel that every intermediate trader should pay attention to the charges that he pays for trading. In most of the cases traders don't even notice that their charges are enormous and they could earn muh more if they changed the broker with better trading conditions. Browse the broker market and...

From what I understand we've seen the company's defenders comment on this issue already. Yuck! What worries me, these guys really don't mind if you file a complaint with regulator which probably means they either don't care or simply know you can't win the case. In any case, you've got to...

Sorry to hear about your troubles! Trading is tough as it is, even with the broker on your side. Not even speaking of when it's not. Just wanted to ask, did you manage to save all you trading history? I can see that the broker didn't close the account immediately but gave you a three days...