Cegar's Posts | Myfxbook

Famous Traders and Investors, what to think of them in General Aug 14, 2022 at 17:24

You're right. You know some cunning people always claim "The wisest people are those ones who learn on someone's mistakes, but not on their own ones". I can agree with this statement partly, because I can't underst estimate the essence of the own mistakes. You can learn on someone's mistakes, but the most effective way to digest what was done wrong - to make mistake on your own. Yeah... it's unpleasant for real and as a rule, in trading it causes losses, nevertheless only due to this thing traders are able to get experience and knowledge, empirical knowledge I wou...

Can you borrow money from the bank to trade forex? in General May 24, 2022 at 18:27

you can, but you sure that it will be beneficial? banks lend money for a percent, so you will have to pay a bit more than u have borrowed before. if this burden won't be so tough to you, and the level of liability in front of the bank won't hesitate u, why not? banks can lend money but you have to explain for what purposes and prove your financial sustainability. If u really wanna start trading but don't know where to get money, ask your friends or closest people. u can pay them back without any fees and percents. it's twice more beneficial as for you as for your friends, beca...

HYCM in Brokers Mar 18, 2022 at 06:18

Well, what can I say? I am pleased that I don't need to worry about the safety of my funds anymore. Finally, I have found a broker which I can confide in completely without having any doubts.

financial assistance in Experienced Traders Jan 13, 2022 at 20:47

I personally can't understand why people need financial assistance, however the can be useful in particular cases. For example, when you don't understand something but you want to sort out in this topic, you can ask a help from a financial assitant. Remember that in the most cases you can be asked for paying for this assistance, so if you don't have good sums of oney, then perhaps you shouldn't use the help from these financial assistance. All traders decide by themselves, whether they require a help from such one or not. I prefer not to contact with such ones, because it's...

Whats your opinion on the most important aspects of a trading system in Experienced Traders Jan 13, 2022 at 19:19

I think that all traders have to be glad with their results, because when a trader isn't happy with the result, then he/she lets the emotions take the control over him/her. If we speak about these aspects, then I would note that traders should wiesely approach to the task of describing their opinion toward these aspects. Of course, today traders aren't able to learn and practice, because they're eager to receive fast money. However, I believe that there is no fast money in trading at all. The main feature of trading activity is the ability to develop your skills until you become a ...

low spread and low rebate in New Traders Nov 18, 2021 at 07:24

I got used to think that there is nothing better than low and tight spreads. Commissions always seem to me very disgusting, because psychologically, commissions look very unpleasant. You literally start to think that someone gets money from you. However, spread is also a form of commission, but it's concealed. That's why I prefer spreads, they don't make me feel anxiety, I just don't notice them.Anyway, those traders who keep traditional approach to trading, they got used to pay commissions fro transactions and transfers. They also don't notice how do these commissions are ...

Newbie wannabe Trader in New Traders Oct 15, 2021 at 19:04

I believe it's quite right that you have already started your acquaintance with trading activity, have read some books and made a search of some strategies and of course iit's okay to bconfused on your initial stages. All of us once have joined trading community and were as blind as you in it. You should understand that it's difficult enough activity which is required lots of attention in order to become successful in it. You have to determine which type of trading you prefer, choose analysis and only then you should start from learning the peculiarities of chose types of analysis...

FXCC in Brokers Mar 21, 2021 at 20:47

Does the broker have any hidden fees that I should know of?

Following other's trade ideas in General Oct 30, 2020 at 10:31

Copying another traders trading plan is an effective way for a person that a busy schedule to take for trading and make sure that they make money even though they do a lot of work. ti makes things easier and gives you time to focus on other things. It is not recommend though.

Trend Trading. in General Sep 02, 2020 at 16:49

It seems to me that working with a trend is a classic approach.And today, many market participants prefer to use something more unusual and bold, and this is directly related to the current changes in the market.

Trade Explorer System in Trading Systems Aug 19, 2020 at 16:32

A little leverage, a little slump - I think you've done a great job, which has yielded good results. Yeah, that definitely deserves attention...

Newcomers and their greediness in New Traders Jul 15, 2020 at 21:09

Greed is one of the main problems of traders. It is almost impossible to control, and it causes most losses in trading. That's why all traders need to learn self-control and restraint, and then their profits will grow significantly.

beginner in New Traders Jul 14, 2020 at 10:43

I agree with those users who have written that you need to develop your own strategy. It can be a little difficult, especially for a beginner. As a basis for your future strategy, you can take a ready-made strategy from the Internet and adapt it to yourself. There is so many traders doing the same. Good luck to you!

How to choose a regulated forex broker? in General May 21, 2020 at 16:03

I think that in this choice it makes sense to look at the feedback, because you will be able to learn from existing clients what is listed on the website of the brokerage company, but also to make sure whether it is true and whether there may be some unexpected surprise.

Money Management in General Apr 19, 2020 at 14:02

I agree completely. When we get inot forex, what determones whrther we continue trading or not is the amount of money that we have in our accounts. The moment you lose all of that money then you are counted as a forex failure if you cannnot get more money to continue trading. You therefore need to manage your money as best as you can. I have had some of my own methods of management and they have worked out for me so far so good. Yours also seem very good. I moght give ut a try and see how it goes.Thanks for sharing with us.

Any MT5 trading/meetup groups in Toronto, Ontario area? in New Traders Apr 15, 2020 at 18:21

Why are you looking exactly for tnat group which is what you called MT5? Are people from other things like it's comrade MT4 are now considered bad or what exactly ? Please do let me know this if possible;) Thanks.

The future of Crypto in Crypto Apr 07, 2020 at 18:47

I do not think that crypto has a very good future. The miners are jsut not in good terms with it as you have said that the problem is the miners. Why are the miners a problem in cryoto but not in forex. There is obviously something that is up with crypto and everyone knows it but will not talk about it.

Coronavirus outbreak - markets in General Mar 31, 2020 at 19:01

I can really tell you that we may need something like dealing with commodities entirely at least for the moment, cause all else simply do not work absolutely on any level. Where do you plan to get it done? Let's find out clearly. All esle is simply unpredictable now.

TeleTRADE in Brokers Mar 24, 2020 at 14:02

I could say that this is a classic broker, and not only because it has a long history, but also because it provides a standard, but really high-quality package of services that are applicable to different strategies. The broker provides its own analytics, which saves time. Withdrawal of funds comes about a day on average, delays are very rare and they are insignificant.

Forex is Hobby ? in General Feb 29, 2020 at 14:37

For many people it's real hobby on many possible things like they do for it anyway. And then we really can go on for whatever things it may change. Lastly we really can go on how to make it full time, but I assume you will not do that lately and totally, Thanks for that matter!

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Posts by Cegar