Recent content by Nasabayan

I suppose strategies for scalping are created taking into account high-volatility periods, as despite all prejudices that such periods are characcterized by high risks, scalpers benefit from that. I'm speaking about wise scalpers of course, who know how to catch the price's wave. In any other...

I use it as a general approach and I always recommend this way of trading to everyone. Of course if you have a lot of years of profitable forex trading, you can afford not to set stop losses all the time. But do you want to take the unnecessary risks? I don’t think so. Trading is risky enough...

As always, it all depends on the trading system you use. A lot depends on the ratio of the profit size and stop loss that you apply. To give a brief characterization, EURUSD is a classic. Some say that it is perfect for traders who do not have enough trading experience. But it seems to me that...

Some certainly do. That’s why you have to thoroughly pick the company that will be an intermediary between you and the forex market.

I guess when it comes to getting started in trading “where” is not the most crucial thing. You just need to start no matter what broker you choose. It may be even a scam but this negative experience with teach you to be cautious. The second or third broker will be genuine. It’s impossible to...

I reckon the current ascending GBP/USD pattern is either finished, or will be finished soon. After that we will see the continuation of the global bear trend with unpredictable results for the British pound.

Quite agree with your words. It's impossible to earn money by trading "everything" it's better to concentrate on particular assets or maybe currency pairs and trade only them. You know, it also depends on the preferences of the trader. If the trader likes to trade high liquidity pairs, major...

I can't state that I am addicted to trading. Probably it might be described as the passion =) During the whole life I tried to find ways to start trading, even at school I tried o trade various stuff for money. Then, I discovered trading activity with brokers and started to gain knowledge in...

Hm. I can't claim about forex billionaires, but there are bunch of investors these days who started off with buy/sell activity approximately in the previous century in 70-80s. Wall street, everyone knows about this place. The place where trading started prosper. I know some people who started...

Haha, something like that. Volatility is presumably one of the key factors people love these pairs. So yeah, if you can’t handle the pressure, don’t trade them, that’s for sure. Algo trading huh? Interesting stuff. Do you know if Trade.com allows algo trading in the first place?

This is right up my alley. I like to trade JPY and GBP related pairs and Trade.com has a quite pleasant spreads on them, including cross pairs. I don’t have experience with EUR/GBP pair, no I don’t think so. Is it worth trying?

I never hurry to enter the market. Even when it comes to the use of pending orders, I still need a lot of time to think over due to be afraid of making mistakes. I’m currently overwhelmed with crypto trading and certainly don’t intend to quit my favorite currency pairs, but I want to earn on...

Lost for some time, but wanted to share followng. I missed a good opportunity to open a trade on GPB/USD on May 31. For me that should be the very beginning of the rebound from 1.26529. Unfortunately, I had to be off for several days. Therefore, I failed to kick in on time. When I came back, it...

I joined the broker to trade long-term trends. For four years in trading I understood that long-lasting trends are the best things that can happen to me. Earlier I tried to work in the short term. I tried nearly everything, including cross-pairs. Finally, I came to an understanding, I would...

It depends on great variety of factors. Theoretically, I expect to make $1000000 in 60 years out of those $20000. It depends on time period, it also depends on my personal financial situation and so on. That is a too theoretical question to answer.