Recent content by Purekiller

Sure, guy above said that unemployment rate matters, that is a fact. It's of utmost importance to keep an eye on the FRS decisions, FOMC and everything that is connected to the key interest rate. It primarily depends on what you are used to trade but in any case it would be quite effective to...

I like this question since I was asking myself the same question a long time ago. I couldn’t find an answer to it and decided to do it my way. After spending a couple of months trading with a small account size and trading with 0.1 or 0.2 lots, I realised that once I reached a level to trade...

Bitcoin is way frequently traded with small time frames, because of price fluctuations which create good opportunity to earn funds on these roller-coasters. As for the night, then yeah, due to the low activity level on the market, price is deprived of high fluctuations, but at the same time it...

Abusing in what regard? I didn't clearly understand your question, but according to your responses, you mean whether you should trust your money to them or not. In fact, it predominantly depends on the broker. I don't want to claim that all of the existing ones on the market are completely...

Trading is difficult, painstaking work. It's not a casino, it's not a game of luck. It is subtle, very time-consuming work. Trading is a concept of the basics of the world economy. A good trader is a demigod. Naturally, there are a lot of indicators. MA, MACD, DMI, Stoch, Bollinger, CCI, ADX...

I remembered my first account. A real one. "I'll be right back and I'll pay it all back! Ah, no, now!...Oh. Where's my money?" Good thing I had learned to control myself. The first time I lost my little account, I was inconsolable. But I was able to overcome myself and learned how to trade...

Multiple close of several opposite positions allows to close more than two opposite positions at the same time. To perform this operation, one has also to open the "Order" window (as described above). Then the "Multiple close by" must be selected in the "Type" window. At that, the list of all...

1. Try different approaches. 2. Increase the amount of capital. 3. Diversify risks by using different groups of assets. 4. Have enough free margin.

Before the markets spring to life at 9:30 a.m. ET, most day traders are busy catching up with coffee and breakfast in hand on any events that happened overnight that could affect that day's trading session. This involves reading stories from various newspapers and financial websites, as well as...

The relative strength of the U.S. economy supports the value of the dollar. It's the reason the dollar is the most powerful currency. As of 2018, the U.S. had $1,671 billion in circulation. As much as half that value is estimated to be in circulation abroad. Many of these bills are in the former...

I think that when people say that trading is getting heavily gamified, they are exposed to a strong illusion. They see what they want to see. It’s a common thing for our human brain to simplify things to make it easier to perceive them. Very often the brain overdoes with it and I think that...

They've had this bonus for ages and I don't think they will change much in future. That's a bit annoying btw to see the chritmas and new year poster on the website all year long. That would be nice if they introduced some juicy offer for upcoming 2022, but I doubt they will as I said earlier.

Yup, that's true. I've been watching how Olymp develops since 2019 as a live trader. They introuce some new features every half a year or so but the essence remains the same - people trade FTTs here using more or less short timeframes to grab some quick profits and have fun. I don't share the...

There are lots of different resources actually, which are free of charge. However, the most difficult thing is to determine whether those resources are credible enough to base your trading on them. I, for one, know two the most useful and popular resources which can introduce you to trading in...

Well, I would also add that the flexibility of Forex trading might be a disadvantage as well. For example, when you enter the market with a thought that you could apply some changes in the future, you make your positions vulnerable to being under the water for some time. If the trend is strong...