Recent content by Meztigami

Ah, now everything is clear! Thanks guys, this is a really interesting topic. Probably I need to read a little bit about this on some forums or in articles. Such a thing can be useful in trading, that's for sure.

I'm not quite sure what you mean... What's a no-loss zone? And how can closing at stop loss make a profit?

Oh, I like this way of using locs. I thought this tool was almost useless in practice. It helps to get emotional calmness but actually just delays the time of order decision making. Most likely this trading technique can be useful under some conditions. But as it seems to me many traders will...

this definitely makes sense. I wish all traders would understand that allocating time for learning some theory or very fundamental things like supply and demand isn't a shame and isn't a time-consuming stuff. indeed, nobody makes guy to spend hours reading certain theoretical books, but I...

I wouldn’t claim it “the best place to buy from”, but it looks okay. The price for the subscription is at the market average. I think if you search on the internet you will find a better one. And if you are a lazy fella then take this.

Opposite from the common and widespread belief I trade and would suggest trading without stop loss orders, only in certain situations. If you are a scalper or a day trader. For day traders, this means you are not allowed to hold an open position overnight. When the trading day is over, you must...

First of all I try to look up the upcoming major events because oftentinmes there could be a situation when the event triggers the stop losses of the majority of real traders and then the price goes in the desired direction. A lot of people love to think that it’s the market makers who knock...

Eur/Usd or Gbp/Usd are great for technical analysis. They have very predictable movements. Just don’t trade on news. I guess it’s because a lot of people trade these pairs on a daily basis and create a huge liquidity. Therefore there is not too much so-called noise in the charts.

Actually you've listed up the most essential characteristics of a trading companion. Experience should prevail and he must be a mentor to you to some extent, you know. It's silly to choose a partner which will have fewer knowledge, there's no point in such partner then. Trading style is also...

Actually, everything depends on what type of a trader you are. If you have recently joined trading community, then I believe you would better stay away from leverage trading, because it can easily lead you to huge losses, because of lack of experience and knowledge in trading. In my opinion, the...

Come on guys, downloading free bots will do no good to your trading. I am still skeptical about buying the trading bots from other resources let alone relying on the free bots. I doubt that it has any long term success.

I feel that the best setting for the Martingale strategy is to avoid using this strategy while trading. It reminds me of casino so much. I just cannot persuade myself to start treating it like a trading strategy which deserves any trust.

I feel that skills are more important than just 10%. It goes without saying that the mindset is very important but the importance of skills should not be underestimated. By skills I mean different kinds like the skills of market analysis or the skills of working with the trading platform or...

Of course they don't often work. They work usually as you stated, bu there are some situations when strong strategies become useless. For example, when we face some serious news and events, your strategy is just nothing in this case. Strategies are cted for particular condition on the market and...

So you say that I can apply the same trading strategies for both Forex and FTT types of trading? It doesn't even matter whether they are based on technical or fundamental analysis, right?