Chechova's Posts | Myfxbook

How to determine whether the platform is safe and reliable? in Experienced Traders Jan 22, 2022 at 13:29

There are some tips actually, how to determine the reliability of the particular platform. The main tip is to try it and yes there is no better proof than your personal experience. You have to allocate particular sum of money, even the smallest one and try to trade with the broker or on the platform. In this case you will clarify everything for yourself and you will be able to draw conclusions. To my mind, the safest way is just to try to find the reviews about this platform in the internet. As a rule, people honestly share their experience of trading with certain brokers or on certain platfor...

Forex Trading Psychology: Levels of FEAR in Experienced Traders Jan 21, 2022 at 18:13

Forex trading psychology in my opinion is the most difficult thing actually. We can learn everything we want to learn, but it's almost impossible to set up our conscious correctly, everything because human beings are create to feel emotions. It's impossible to get rid of emotions at all, that's why it's getting harder and harder to handle our emotions. The matter here is to have an ability to distract yourself from bad thoughts and negative emotions. In his case I can advice meditation or some activities which will distract you from forex trading, mainly because you need to sup...

WHO trades forex for more than 10 years and keeps making regular profits in Experienced Traders Jan 20, 2022 at 20:32

There are plenty of such traders basically. I met such ones and they really make profits, despite the fact that they're in trading for more than 6 years. Of course, its' required to be patient in order to stay for so long, but the most inetresting thing is that they stil learn new things. Market and trading change daily, that's why something new appears daily. I believe that if you will be patient and you will have goals which you understand that you can't reach within a day or week, long-lasting objective I mean, then perhaps you will be able to stay in trading for more than t...

ActivTrades in Brokers Dec 18, 2021 at 05:21

I also enjoy their trading conditions. I also like that they recently added cryptos. I remember that once I came to their site I didn’t see cryptos. I even asked their customer support rep about it and he answered me in the negative. It somewhat disappointed me but nevertheless I joined this broker because of good trading conditions for most of their assets except for stocks. Last week I was pleasantly surprised to discover cryptos on their site-)

7 Things to Know to Become a Successful Crypto Trader in Crypto Nov 12, 2021 at 11:24

Guess that everything you have described in this article is one hudnred percent true. I just want to add that nowadays traders want to start trading crypto because of the high potential in this field. Forex market recedes to the background today, because of this reason. Many traders believe that they can earn lots of money on crypto trading, however they don't understand that the risks are equal, and if you will make unwise moves, you will lose everything you have. In my opinion, if traders really want to start trading crypto, they must dive into this activity as well as they earlir dived ...

FxPro in Brokers Nov 11, 2021 at 05:54

I trade with robots here on cTrader. I opened a cTrader account with the only purpose to practice algotrading. On this platform, you are expected to use so-called cBots. It all somewhat differs from algotrading on MTs but I already got used to it. By the way, I also bought a VPS service for better execution.

Which broker you can trust & run EA in New Traders Oct 18, 2021 at 17:10

If we speak about EAs then I only trust those brokers who offer trading with EAs, and they have their own EAs. Otherwise I would better stay off the idea of trading with EAs as it is kinda risky activity. In my opinion, traders should always rely on their own knowledge, if you haven't got such ones, thern you should do everything in order to acquire it. I guess that menual trading iis the best thing and it's much better than auto-trading, because it's much more predictable in terms oftrading activity, you know. When you're liable for the result of the deal, then you won't a...

EA MaxBarcode in Trading Systems Dec 30, 2020 at 09:52

Profit is good.But I'm always curious to know - for which assets is it most suitable? Why does no one provide this information? Should I guess about it?

Scalper-Spread in Trading Systems Nov 23, 2020 at 20:46

I also think that you need to try it with real money. It will really show the real potential and attract the largest number of clients.

The Algo Trader Gold AI beta (High risk) in Trading Systems Sep 20, 2020 at 15:15

Well, what is the result?It does not look like a serious and real work...

Olymp Trade in Brokers Aug 26, 2020 at 20:34

It is difficult for me to say that I am already a professional trader. Yes, I get my income and am quite stable, but I am still quite often confused because I am not always good at news and in general what happens in the market. But recently I started to study the reviews of this company in more detail. I noticed that it is published quite often. And it has detailed and accurate information that helps me to work on my ideas at least on a demo, now the picture becomes clearer and I'm beginning to delve into fundamental analysis. So far I only work with a small leverage of 1:50 or 1:100, but...

GPS (FBS Real Acc $195.23) in Trading Systems Aug 22, 2020 at 09:24

It's good that you use classic, familiar assets, it allows to implement your ideas to those traders who are used to working with standard settings. And this also makes sense, so I hope that you will continue to have the same success.

How to Avoid Forex Losses In Forex Trading? in New Traders Aug 05, 2020 at 17:50

A trader's failure to comply with or complete absence of a trading plan, which includes clear rules for entry and exit from the market, is almost 100% guarantee of failure to trade in the Forex market in the long term. As a rule, beginner traders have the same mistake. In case of failure, emotions take over the mind, and the beginner simply throws his trading plan, only exacerbating the situation and reapplying unprofitable trading methods. Such traders enter the position with all their deposits, ignore stop-losses and hold unprofitable positions, hoping for a quick reversal of the market,...

myfxbook is doing a great job in General Jul 19, 2020 at 09:51

Yes it is. I have gone through a lot of websites similar to it but the onely one that I found to meet my needs was myfxbook. I like the way that we are not bombarded by ads now and then. The forums are clear and precise with serious discussions going on. I know that I am in the right place.

Any good brokers with proper leverage / cent account for EU residents in General Jun 21, 2020 at 15:05

The main thing is not to look for a company by the size of the leverage, I would recommend to adhere to more standard rules. As for companies, I recently saw a review on hycm or something like that, there is a European regulation...

Patience is best tool to get success in New Traders May 30, 2020 at 17:43

I don't know, I think the main feature is persistence, because that's what allows you to start over with confidence and not be afraid of anything. Because everyone has difficulties and mistakes, but not everyone finds the strength to move on.

Greed is poison in New Traders May 04, 2020 at 12:22

Let's be realistic - absolutely everyone comes into trading to make money. And the overwhelming majority of them strive not just to satisfy their basic needs, but to gain full financial independence and prove it to themselves and others. And since trading is a potentially money profession, it is a very fertile ground for greed. You feel the opportunity to become very, extremely rich and it distorts your consciousness. I think any trader goes through this, at least there are a lot of articles about greed. Hollywood movies about stock trading often surround the profession with a halo of rom...

Gold Or Silver in General Apr 19, 2020 at 17:33

If you are having a hard time choosing what to nuy thrn I will help you decide but the final decision is still yours. Sometimes it is best to jsust do things out on your own. In my opinion I think that you should chose gold. You know the chinese and gold and how they work. That is the best option. Do that instead.

Need help for be a good trader in New Traders Apr 18, 2020 at 15:26

IT's not working like that, sorry, you really need to improve something in yourself to be that cool anyway. Thanks for reminding me about anything else entirely and clearly. I do want to get it better absolutely. LEt's move on with that;)

Forex is Hobby ? in General Apr 07, 2020 at 19:44

Trust me you can get alot more than that. Forex trading can really earn you alot of profit. All you need are the proper strategies when trading. Proper planning also contributes a lot to how much you make. Try to develop them and see how things take you. Be a better traders than you are right now. not that you are not right but you can do better.

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Posts by Chechova