Recent content by KatySalcido

  1. K

    Russian police arrests forex broker fraudsters, while authorities mull more restrictions

    Russian Forex scene is all kinds of whack. I have a friend there and he was terrified when he learned that I'm trading Forex. Seems like they have absolutely no honest brokers over there, each one is some kind of a scam. Still, they will most likely just go underground. Gambling online is...
  2. K

    Performance test scams

    Preach! However, here's a good tip I've heard - when the broker doesn't work with the US or the EU citizens, it's a 100% scam.
  3. K

    Bad habits of beginner traders.

    I'm gonna go with indecisiveness. Sometimes I know that I see a good trade, but what if I'm wrong? What if my bet won't succeed? What if it is an exception to the recommendations? And then three hours later I see that I should have traded. However, it works the other way too. And it's better to...
  4. K

    Just joined

    Hello! (holds up spork) Well, my name is actually Katy, so you shall have to forgive me the P3NGUINE0FD00M joke. As for the rest - I have been trading Forex for around a month now and so far I'm doing OK. I use Price Action and overall am a huge chicken**** so my profits are rather low. Still...
  5. K

    Do you believe in using a Trading Plan?

    With real money? Around a month. I'm trading on H4 timeframe on EUR/USD mostly, which is as vanilla as you can get. As of right now, I am 8% in the green. Could do better but I bailed during the last week's turmoil.
  6. K

    Do you believe in using a Trading Plan?

    I don't have a particular trading plan. I just attempt to apply Price Action patterns that I've learned whenever I can. Doesn't always work, of course, but it's been alright so far.
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