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Will Bitcoin ever break above it's old trend line again?
in
Galvenais
Nov 14, 2022 at 14:16
Oh Bitcoin could fall below 10k before the new year. And then a sharp rise and growth will begin, up to 100k dollars. I believe, this is the only possible and correct scenario. Remember, Bitcoin always fell before Christmas and before the new year. And then, approximately from the middle of January or beginning of February, it began its rise.
Book to read
in
Galvenais
Nov 10, 2022 at 17:21
Oh the only book about forex that I read was Reminiscences of a Stock Operator. lol.
What is a good business to get into?
in
Galvenais
Nov 10, 2022 at 17:11
Oh forex is a great business. And like any business, it is important to be careful here. And of course, before you start, it is important to think through every detail and draw up your business plan. And a lot of competition from speculators, lmao.
Do day trading patterns work because others are also using them?
in
Galvenais
Oct 31, 2022 at 12:17
Oh that's exactly why I expect the price to start falling sharply. This is a great opportunity to buy cheaper. lol.Then wait for the next herd and sell at a higher price.
Successful Traders Mindsets
in
Galvenais
Oct 31, 2022 at 12:12
Oh exactly. All your psychological problems will immediately be visible in trading. Especially psychosis.
Trading rules which are better broken!
in
Galvenais
Oct 31, 2022 at 12:08
Oh rule with leverage doesn't work for me too. Or I am a risky guy. lmao. But the most broken rule I believe is put SL to save your money.
successful trading pattern
in
Galvenais
Oct 17, 2022 at 11:07
Oh I would say that this is the basic pattern. Just like the triangle and the rest. But I wouldn't say that any pattern is true at 100%. Failures are given in any system. lol. Trust your instincts too.
Do you use MT4 or MT5?
in
Galvenais
Oct 17, 2022 at 11:05
Oh I like MT4. I learned to trade on this platform, and continue to trade so far. That's why I chose MT4 lol. Although I heard a lot of good reviews about MT5. But I haven't tried it myself. I can't say anything about it.
There is no short cut
in
Galvenais
Oct 17, 2022 at 11:01
Oh everything is possible. But shortcut trading involves both quick gains and quick losses. Lol.Because, as experience shows, traders from profit dizziness lose their vigilance. Therefore, the main rule is dear traders do not lose your vigilance.
Demo can not make you well experienced
in
Galvenais
Oct 17, 2022 at 10:55
Oh do you really not gain experience by learning to trade on a demo? Lol. The demo can give you the same good experience as real trading. And sometimes, a trader may be more experienced than one who underestimates the contribution of demo accounts to learning.
7 Benefits of using stoplosses
in
Galvenais
Oct 12, 2022 at 10:56
Oh I would say some other information.1 disadvantage of using stop loss:1. It almost always catches losses, even if they are insignificant lol. 😄😄
The worst trading advice you can get
in
Galvenais
Oct 12, 2022 at 10:52
Oh I know one. The worst trading advice that I heard was: - Oh dear buy my signals and you forget about what losses are forever. 😄😄😄I did not buy those signals at all after that words lol.
Powerful Trading Journal made with Google Spreadsheet
in
Galvenais
Oct 12, 2022 at 10:49
Oh trading journal is good if you use it. But I do not. For now I satisfied with my trading method without journals.
New trader looking for your help!
in
Galvenais
Oct 12, 2022 at 10:45
Oh if you're newbie and want some quick money, try to invest. There are a lot of MAM and PAMM accounts where you invest and get the first profit almost after a month.
What do you learned while trading?
in
Galvenais
Oct 04, 2022 at 13:00
Oh first of all I learned how to use indicators lol. And how to build the analysis with the help of them. 😄😄But also trading is hard. And for me it is the best way to train my willpower.
What is the trading psychology for you?
in
Galvenais
Oct 04, 2022 at 12:54
Oh trading psychology is like any psychology. lol.As far as I'm concerned, there are no differences. There is a trigger = trading. And this trigger has its own specific reaction. Profit trading = trigger to relax, or rejoice, or even work harder. Loss trading = trigger to get angry, blame yourself or blame the world, find flaws and fix them.So it is the same in trading as it is in life. How you react to any event in life is the same reaction in trading.
Successful Traders Mindsets
in
Galvenais
Sep 28, 2022 at 12:26
Oh I would say it in one sentence.The ability to set goals, achieve them, quickly learn new things, as well as correctly allocate the time and money.This is the main mindset of successful trader.
Forex is not like gambling
in
Galvenais
Sep 28, 2022 at 12:22
Oh I agree with those who prefer to say Forex is business. Because it really does. You can burst and not withstand the competition, or take off and be rich. It is important how developed your management skills are, how quickly you adapt to stress and the ability to quickly process information.
Can you borrow money from the bank to trade forex?
in
Galvenais
Sep 28, 2022 at 12:13
Oh if you want to feel like Jason Statham, it's time to take out a bank loan to start trading. 😄😄Because then you will run away from creditors, like he is in the movies from the bad guys. And learn to fight at the same time. 😂😂 I wish you luck. 😐😲
Is investing in the forex market risky?
in
Galvenais
Sep 28, 2022 at 11:43
Oh I am not an investor, so it is difficult to me to reflect from this side.Although I have friends who have invested. And according to their opinion the account history is important to them. And % of drawdown.As well as the experience of a trader. The more time he trades, the more professional he is.Although, as for me, time does not equal professional, lol.And I prefer to see your account. It is interesting to me.
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