Recent content by Granigamand

  1. Granigamand

    Investment in Forex : Safe or Risky?

    It is important to understand that Investing in forex can be both safe and risky. It’s essential for beginners to know that while there’s potential for profit, there’s also a risk of loss. The forex market is highly volatile, and currency values can change quickly. I will advice you get proper...
  2. Granigamand

    the impact of fees and spreads

    I assume that it's rationally to switch the broker in case it levies too big fees or spreads are too wide. The latter depends on the current market condition, pool of liquidity providers and so on. As for the fees then I am for cost-effective brokers, which don't levy inactivity fees, swaps...
  3. Granigamand

    trading journey

    In general, I wouldn't have stayed in trading if I didn't manage to make a sort of progress in trading. It's very essential and I remember those first steps in this sphere and how I was scary of the market. It's inherent to all beginners actually. Nevertheless, after some practice...
  4. Granigamand

    Discuss brokers plays a role in cryptocurrency

    Forex brokers usually have derivatives on cryptocurrency contracts so it doesn’t affect the crypto sphere too much. Or maybe I didn’t quite understand your question.
  5. Granigamand

    Hello Mums Trading Forex

    Wow, nice to meet you =) It's kinda rare thing when you meet a mum in trading :D however, it doesn't mean that you can't be successful at trading or this activity isn't for mums. It's for everybody and all people can trade and earn money. The matter here is distribute your time correctly and...
  6. Granigamand

    Do you believe in using a Trading Plan?

    Wise approach to trading, I love it! It's quite difficult to stick to trading plan at least until you gain enough experience in trading and understand the necessity of sticking to the plan. Most traders, at least those ones who I communicated during my trading career, claimed that the most...
  7. Granigamand

    Are you addicted to trading?

    All the traders are addicted to trading, the matter here is the level of their addiction. Actually, it's bad, because when you're addicted to something in your life it means that you can't own your emotions and mental health. In this situation people try to find other ways to lose the addiction...
  8. Granigamand

    Why USD news affecting other currency?

    The answer to this question is very simple. Because American economy affects the global market. Basically it is due to post WW2 period when the economies of all the European countries were destroyed because of military combats, the decision was made to make US dollar international currency...
  9. Granigamand

    How accurate is back test? (For Past Result)

    Well, theoretically it can be so that some idea didn't work in the past but it is rather efficient in the current market. You can actually test this robot on your demo account and see the results for now. However, I don't think that such trading bots which show negative results on historical...
  10. Granigamand

    What free educational resources do you use to learn trading?

    I do really think that it is better to start with those resources which are free of charge. Actually, there are lots of credible resources which can be referred to while trading. I believe that the best educational resources are forex military school which is located on this website, and you can...
  11. Granigamand

    Trading is not Science

    I disagree. Nobody says that the indicators are always correct, but they influence the probability. Successful trading implies some basic understanding of probabilities and Bayesian theory. All the indicators or levels or something else don't mean that the price will definetely go in this or...
  12. Granigamand

    Weird issue with MT4 Backtest

    I don't know, I haven't encountered such problems. For me it's better to update everything and try it first.
  13. Granigamand

    What is a forex broker?

    A broker provides the client with the technical, organizational and legal opportunity to enter the stock exchange and start performing operations on it, i.e. buying or selling stocks, bonds and other financial assets. The fact is that only professional specialized organizations have the right to...
  14. Granigamand

    Hi

    The first ten days, even couple of days are too difficult for ever person who has decided to start his trading journey. Everything because novices usually are scared of unexpectednesses. When you open your first position you start to feel like you're about to lose the whole life and what really...
  15. Granigamand

    how long to stay on demo

    Fully agree with your words. Every trader must have a demo account at his hands because there will be a time when a trader will be needed in a new strategy or a little break from live trading just because he/she is exhausted mentally. However, if the author speaks about the longevity on staying...
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