Recent content by Magestaff

  1. Magestaff

    Discuss iForex.com (.in, .hu)

    Yes, of course you need more margin to trade without leverage. But at the same time, note that the size of risks decreases. Moreover, cryptocurrencies are known for their high volatility, so trading them without leverage can make sense. I would evaluate this trade as an investment opportunity or...
  2. Magestaff

    Discuss iForex.com (.in, .hu)

    Yes, I realize that leverage set by broker for cryptocurrencies is fine. But I wanted to discuss possibilities of trading without leverage. After all, some of us are interested in crypto. And among those assets that are available for non-leveraged trading are other solid cryptos that can be...
  3. Magestaff

    Discuss iForex.com (.in, .hu)

    Looks like our Bitcoin talk has started to pay off Congratulations, friend! Actually guys you know what I was thinking about just now? Leverage. We've been talking about entry points and corrections. And also about how dangerous it can be to short right now. So I was thinking about leverage...
  4. Magestaff

    Discuss iForex.com (.in, .hu)

    I have to say this guys. I told you so!:D Bitcoin has flown to the sky in recent months. So we have to pay attention to it and prepare our equity for some hardcore trading.
  5. Magestaff

    Discuss iForex.com (.in, .hu)

    Well, I’d say it definitely became a bit clearer. Bitcoin at least shows some signs of uptrend these days. I would even consider opening some iForex Bitcoin deals in the foreseeable future. Just need to find the right entry point.
  6. Magestaff

    news-driven trading

    Don't give up reading news even if you want to focus on price analysis more. It's better to start off your idea with the news, especially if you trade shortly before the market opening. Check all financial news and then go analyze the pair. It's very important, but at the same time, don't base...
  7. Magestaff

    Problem Report a broker

    I didn’t understand either. The picture just shows the quotes of some cryptocurrencies and that’s it. No details, not receipts, nothing.
  8. Magestaff

    Discuss iForex.com (.in, .hu)

    Perhaps I will stay away from the crypto trading for some time:)) Maybe it will become clearer soon. I hope so.
  9. Magestaff

    timeframe for swing trades

    I think D1 and W will do. With H4 and H1 to look for appropriate entry points. MN is too big. It’s more for long-term trading possibilities. But I don’t know if somebody trades on MN at all. I probably get old before I close my position on MN xD
  10. Magestaff

    Discuss iForex.com (.in, .hu)

    What about EUR/USD then? It’s still my most tradable insturment.
  11. Magestaff

    How long did it take you to go from demo to live?

    Maybe about a month for me. I don’t know, I just very quickly figured out all the peculiarities of forex trading and was good to go. However I fully realize that it is a very subjective topic and you have to be 100% confident with yourself for a comfortable transition.
  12. Magestaff

    Discuss iForex.com (.in, .hu)

    Okay. I’m just asking to avoid some newbie mistakes that overtrust their preferable strategy and then fall down flat because of that.
  13. Magestaff

    Discuss iForex.com (.in, .hu)

    Wait, do you completely exclude that there is a chance that all the major currencies will strengthen against the greenback in the long run? I just realized that I never thought of this scenario in my head.
  14. Magestaff

    Discuss iForex.com (.in, .hu)

    Sounds like a plan! Good luck with that! I’m trying to figure out the situation with the USD/JPY pair at the moment. If it also starts to go up, I should wait a little to enter the market.
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