Recent content by Mazshura

A forex broker helps people trade money from different countries. They provide a platform and tools for buying or selling currencies. It's important to pick a trustworthy broker for a safe trading experience.

Hi, mate, speaking of the first question, then overleveraging indeed kills your capital because the bigger leverage you apply for a position the bigger margin is being eaten. So, if you open a $10 position with 1:100 leverage, then in fact this position is $1000, hence P/L ratio is changing...

Agreed with all answers, actually. I'd even say that mastering emotions control is a supreme from of art. It may take years of trading and oodles of mistakes. The main is not to give up and continue moving forward to objectives you have set. It will be challenging, and sometimes there'll be a...

It is one of the most common aspects of trading psychology. You need to overcome that for your discipline. One of the biggest mistakes because of the fear of losing is not letting your winners run. Say that you have a position and it is going well, and you are already up by like a 4%. Then it...

My answer is no longer than a week. Some traders even advise to stay on the demo a couple of days and then move on the live acc as soon as possible. Moreover, some brokers even restrict the period when demo acc is available and that's because of their aim to motivate you to open real acc. All...

Moving average with periods of 200 and 50 days. It is my favorite indicator and at the same time it is the basis of my trading system. I also strengthen the moving averages with two oscillators: Stochastic and MACD that have the function of additional filters for the variant of correction...

There are plenty of advice which I can offer you. For example, you should never rushing. Always weigh all the risks and you would better dedicate much more time to learning, practicing and analyzing the graphic rather than rush and lose everything. In my opinion, the best option is to dedicate...

I would even say this way: I don't believe that successful trading is possible WITHOUT a trading plan. Every deal should be planned and you should know your objectives and risks, otherwise such 'trading' looks like a gambling. Every action on financial markets should be analysed and all the...

Well, this crypto got its hype earlier and now nobody really talks about it at all. So, I am quite skeptical of such kinds of assets to tell you the truth.

I also do concentrate my tradinf around trading majors. They are the most liquid and predictable assets on the forex market. However, I think that minors or some exotic pairs hide lots of profits. Another thing is the fact that before trading those pairs a trader should study them very...

The point where you start making money depends on many different factors like your educational background, learning and psychology. You should know that making money is always difficult and trading success is connected with much learning and work.

I guess that it's not easy to determine the entry point according to the timeframe. The entry point dependson many factors and mostly on the current situation on the market. If the asset is volatile then it's worth not to trade on it at all, in case you chose a calm trading instead of risky...

Quite agree with you. News as it self is unexpected thing so that's why we use risk management and money management practicies, they include such unexpectedness of news, you know. I guess that every trader must follow economic news majorly, plus in dependance on the preferable asset we can add...

Hhaha, that's nice to hear you really know what you are doing and this is a well-though decision. Hope the broker won't let you down! Good luck!

I recommend you to ask this quiestion to the customer support of your broker, they have to respond you and helpt to clarify all the details of this situation. Otherwise maybe you didn't learn all the onformation about your broker well and they are just usul scammers where customer support...