Recent content by Gholis

That makes sense. The biggest mistake of newcomers and actually of those who don't trade for a long period - exceeded expectations about profitability and the worst mistake - setting goals like "wanna be successful and have a lot of profitable deals". It works, but at the same time such a goal...

I think just a breakout is not enough. Sometimes I wait for more confirmations, like when the price will bounce off the level again, then I can take avdvanytage of it. But another good advice would be to get the idea of bigger picture on higher tieframes. In this case you will reduce the risks...

The biggest part of contemporary brokers allow scalping, but it seems to be a very sophisticated trading style, cause everything's isn't as rosy as you write. Yeah, predicting next movements in a dynamic market is quite possible, but you must have a working strategy for that, and reaction...

Only experienced and advanced traders fully understand the importance of the need to continuously educate themselves. An advanced trader knows exactly what his weaknesses and strong sides are. There is not a single trader in the world who can be an expert in every field of trading. Yes, they can...

Of course, a demo account is more comfortable than real trading. But you don't make any money trading on a demo account. I can recommend you analyze your trading during the last month. Taking into account that you have been trading on the same strategy. If the overall result is positive, then...

That's really a wise move. I believe that traders should always return to demo account in case they understand that something go wrong on the market. Of course, not all traders listen to such advice, because they think that they know better than those who advice them. Nevertheless, it's better...

As far as I know, Russia is full of scammed organisations which survive for quite a long time until thousands of people realise that they lost all their deposits and start making a fuss about this whole situation in media or in social media. Otherwise, the police keep ignoring such organizations.

There are lots of pip calculators available online. I've even seen one on this webisite in the form of an excel document. Browse the forum and you'll find one. This will make the wole calculation process much easier.

There are plenty of reasons as far as I concerned, which affect the success of traders in trading activity. The main here is high expectations from trading I guess. People, who have come to trading activity recently, are sure that trading activity implies fast money, nevertheless it's not like...

I also think that such question as what is the best time to trade is quite individual. The simpliest answer to this question sounds like this: when you feel like trading. The best time to open a deal is when the trading plan is ready and all the goals and risks are calculated. I for one don't...

Of course, you can search for some educational courses in the internet. I agree that it's kinda difficult from time to time to read candlesticks, however it's possible to acquire this ability. Everything will depends on your personal wishes and intentions. It's difficult for you because you're a...

I'm not sure that account managers exist and I'm not sure that you need using them in case they exist. You have to understand that if you're a rookie then you must gain some experience and skills by your own, without any help, mainly because it doesn't teach you how to trade. It's quite...

Often the word retracement is related to the fibonacci levels or fibonacci retracements, you can find this word in such contexts. Actually it's a temporary reversal in price within a major price trend. Here, the word "within" matters a lot mostly because it determines the difference between...

Absolutely right words and I agree with on hundred percent. The main in trading is never give uo. If you set a goal, then you must reach it, like, you know, reach everything you want whatever it costs. to you. Today there are lots of learning materials in the internet and on this website...

I don't think you have to be such categorical regardless US brokers. Not all of them are scammers. Of course, without of any doubt there are some brokers who are rel scammers, you make a deposit then either you lose anything (for some weird reasons) or you won't be able to do a withdrawal. I...