Recent content by Mnefyn

Exactly, man. Overtrading is such a thing that can't be controlled especially if we are talking about those who entered the market recently. You have a lose streak, and then you start trading more and more to have a win one, but, as it usually happens, you eventually end up with a drained depo...

I assume almost every trader at least once experienced both margin calls and over leveraging. There's a joke that newcomers start with the highest leverage and then climbs down to the lowest one, while the point is to increase leverage. Apparently, they lower down leverage because all the time...

I think it’s important for us, retail traders and crypto users, that crypto sphere won’t be banned because of such FTX-like cases. SBF single handedly did so much damage to the crypto industry, it’s unbelievable. Hopefully the punishment will be appropriate.

Hahaha. Once my mum said that I should stop with this “MLM thing” when she looked in the MT4 chart:))

YouTube is a great source of information. It can be very useful to see how people approach trading and how they do analysis and in general - even other people's experience is also experience.

Absolutely. Actually, I would even advice to try the same scheme on the forex market, because it's almost the only way to understand whether this type of activity suits your temper and mentality or not. Some people prefer not to take lots of risks on themselves because of a fear to lose...

The results are pretty fine if we take the absolute values. I advise you to make your trading more consistent and predictable. Like if you make $100 of one deal and -$40, it is not really good. I hope that you trade on real account and don't show us demo trading results.

that stands for stock price trading. almost no difference with forex, but stock are all available under one list and you can long or short them. that's pretty much it. personally i don't like it as market hours are cut in accordance with stock exchange regular hours. most people trade in ftt...

Well, the first thing you need to know about demo is the fact that it will not teach you how to trade. Demo trading is quite different from the real trading: you don't risk your personal money and consequently, you don't have any emotions about the outcomes of your deals. Some traders become a...

market research approach is the same whether you trade forex or ftts. the only question is where and how to exit the market. in ftts, you can’t change anything after you pick the expiration time. it all depends on the market after you place the trade. so it’s essential to choose the basic...

Scalping is just trading ultrashort timeframes. Not all of the people are fans of this kind of trading and what is more, I don't really understand those traders who think that it is the best way to earn money in trading. Surely, this trading style has some perks like the ultimate control over...

Well, I guess that not all the US brokers are scammers, because it would be quite obvious and nobody would join trading activity. The situation would be the same as with network marketing and financial pyramids. In my opinion, there are plenty of trustworthy brokers in the US, because trading...

i use a trading strategy called three screens it’s been developed by mr.elder the main idea is to watch three timeframes at the same time if you find a signal on upper timeframe, you double-check it with the middle one if it comes in line with the general direction, then you switch to the...

earnings reports are nothing but gift for trading shares everytime tesla or apple report the result, prices are soaring and i need to click the same button pure joy

i’m not a scalper, i tried it but didn’t like. thanks for your advice. i guess i should use price levels colored differently for each timeframe.