Recent content by Malaksen

  1. Malaksen

    Copy Trading

    Probably to put all your eggs into the basket of one trader. I would recommend diversifying the funds between several traders with completely distinct trading styles and yield/risk exposures if possible. Consider it as the regular investing process. And as every investment it requires proper...
  2. Malaksen

    How long do I have to trade with demo account?

    I traded on a demo account for half a year. Some may say that it’s too long, but it didn’t spoil me too much. I could have shifted to a real account much earlier but I didn’t have enough money.
  3. Malaksen

    Where to start?

    You should start off the theory =) Then, after acquaintance with basic terminology and notions, you should find a proper broker which will suit your needs in trading. Wanna be a scalper? Np, choose the broker with fixed spreads, as they allow you not to bother about fluctuations on the market...
  4. Malaksen

    What pairs do you usually trade ?

    I'm fond of crypto trading but when I started my way I started from FX trading. I prefered eur/gbp currency pair and actually I traded only it, beause I had a special strategy which worked for this currency pair. I was successful enough to live without any additional job, only due to trading...
  5. Malaksen

    Forex Military School....what's it like?

    All the training courses are different if they were not copied from one another. Every authoer and writer have their own perceptions of the market and they have their own opinion. That is why it is always useful to absoerb as many different sources of information as it is possible. You should...
  6. Malaksen

    Are you addicted to trading?

    I wouldn't say that I am addicted to trading. I mean that surely I got used to analysing the markets and opening my trading platform in order to see how the open deals are doing, but I can avoid doing it. More than that, I am not always in the mood for it. Sometimes I make pauses when I just...
  7. Malaksen

    Early Investing Advice

    That is really great the you started thinking about investing your spare money because leaving it on your bank account will not bring you any decent profits. There are millions of ways to invest the money and they are suitable for different purposes. You should decide on your own and gound your...
  8. Malaksen

    The Reason Why Traders Lose?

    The reasons for losses can be numerous and all of them are quite individual. Some traders simply don't have sufficient amount of knowledge for this activity. There are thousands of people who think that everyone can come to trading and start making profits immediately. These people are lulled by...
  9. Malaksen

    Crypto trading for newbies

    It is okay to start with trading crypto if you know where and how to learn. Forex trading is better because of the fact that there are so many different educational resources which are free of charge. Surely, there are many resources for learning crypto trading, but I doubt about their...
  10. Malaksen

    Advice for novices

    Perhaps, the most important thing that a newbie should know before starting trading is the fact that trading forex is quite the same as any other profession which requires certain skills and knowledge. Forex is not a source of easy money. THere is no easy money left in the world, actually, so in...
  11. Malaksen

    Canada Says Bye to Binaries

    Yeah, you're quite right. I think binaries confuse novices a lot. They think that binary options is the best way to earn fast money and become very disappointed when they find out that lots of binaries are just in hands of scammers, whose purposes to broke traders. I personally think that...
  12. Malaksen

    Hello all!

    Of course the main thing in trading is always be attnetive to such details and never let scammers cheat on you I guess. So, in my opinion the easy way to avoid scammers is just to check everything properly. If you choose a broker you must check all the details about cooperation with it. Customer...
  13. Malaksen

    Moving to live trading

    It is important to start with a low budget in order not to be too disappointed in the end. In spite of the size of your deposit, you'll feel nervous during the first days. However, later you'll get used to this kind of pressure and will not notice it.
  14. Malaksen

    How much money can you make and how long will it take for a beginner?

    It is impossible to say how long it will take you to start making profits because everybody learns at different pace. Some people are reluctant to learn and think tht they can trade forex without prior experience and background, they naturally fail. Some people try learning but they do it really...
  15. Malaksen

    Risk management

    You're quite right I think, high leverage always means high risks despite the increased chance of winning more money. Moreover incase it's used by novices it also can blow their accounts up I guess. Speaking about risk management, I'd recommend to open a position with no more than 1-2% of the...
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