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Morlulune
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Posts by
Morlulune
Mentorship
in
New Traders
Jan 22, 2022 at 13:25
I don't need a mentor actually. In my opinion, new traders have to explore trading activity on their own without help from the side, however everything depends on the cognitive abilities of each trader. Some traders understand that they digest information better, when it's explained by someone else, while others can easily learn the information on their own. Of course, it's cool having a mentor, but remember that the main here is to find a proper mentor, but not just a scammer, who will tell you information which makes no sense. You perhaps should be quite attentive to details and ...
Emotion in Forex trading
in
General
Jan 21, 2022 at 17:59
Emotions play the biggest role in trading. I got used to think that if there would be no emotions in trading, then all traders would become successful. According to statistics, the biggest part of traders give up trading because of their emotions and this isn't surprising at all. Everything because it's difficult to control them while we're trading. No doubts, that if we will be able to handle our emotions during responsible moments, then we would have less losses and we would make less mistakes.The reality is strict to us, and there are no easy ways to become successful. All paths...
Is trading hard?
in
General
Jan 20, 2022 at 20:06
I would say not at all actually. Some traders believe that trading is the hardest activity they have to face, however it's not like that. Indubitably, that trading activity, as well as any other activities, is considered to be tough, but you can easily master it i ncase you will learn properly and practice properly as well.The matter here is how we relate to trading and how we perceive it. If we will think that it's hard, then perhaps it will be hard for us. I got used to think that this is just an ordinary activity with its own peculiarities, which requires special attitude. There is ...
Question for 6 Figure Traders
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Experienced Traders
Nov 11, 2021 at 08:27
Well, becoming a 6 figure trader is not a very easy task. You should have an experience in trading activity in order to understand all the peculiarities of this activity. If you ask for courses, then I guess there are plenty of such ones iin the internet, but always remember that there are no effective courses. All of them are just a basis for your future trading and everything comes from practicing. Only due to practicing you can ahieve goals in trading, as well as in any other kind of activity. So, try to learn the basic theory and then start practicing right away.
Successful Trading on Demo Account vs Live Account
in
New Traders
Oct 29, 2021 at 12:05
Of course, traders must prefer live trading, because there is no need to stay on demo for so long. Successful trading on demo means actually nothing. If we compare trading activity with sports activities, then we can state that demo account here is just a training/preparation for competitions, while competitions are similar to trading on live account. Now ask yourself a question, do you get something from preparations besides experience and skills? I guess no. Thus, demo trading is good but traders shouldn't consider it as something where they can become successful. It's a nominal succ...
There is no secret holi-grail
in
General
Sep 30, 2021 at 18:30
This is a business with certain laws, it constantly requires knowledge and a fair amount of time, only understanding this will bring stable results.
FxPro
in
Brokers
Dec 29, 2020 at 00:18
I rarely open just one trading account with any broker. Having several accounts at hand is a part of my trading strategy. FxPro is ideally suited for this because it offers up to four trading terminals and respectively I can open four trading accounts that will serve different purposes. For example, some of them I use to follow different possible scenarios of the upcoming movement. Moreover, some are good scalping, others are used for long-term investment.
Not that easy
in
General
Dec 18, 2020 at 11:38
This is something modern and worthy of attention.It is money and risk.It's decisions and their consequences.But it is really cool!!!
CR7 Robot - Copy Trade
in
Strategies
Sep 20, 2020 at 15:10
The results are good, but I would certainly like to get some more confirmation that it works on a regular basis...
TeleTRADE
in
Brokers
Jul 31, 2020 at 15:31
I can't say that spreads are too high, they're just moderate. Yeah, if we compare TeleTrade with unregulated brokers, spreads will seem to be high for real. However, c'mon, we should compare TeleTrade with other regulated brokers and TeleTrade is good in this regard.
HYCM
in
Brokers
Jun 02, 2020 at 14:14
In fact, I think it's difficult to note any features or vivid characteristics in this company, because everything is within the standard. But if you look from the other side and evaluate them as a regular forex brokerage company, then in general you probably won't have any special claims, because they really tried to organize everything so that you wouldn't have any special questions and you could trade calmly. I think a lot more depends on your personal preferences. For some people it'll be okay, and for some people it's not enough.
HollandTrader EA
in
Strategies
Jun 01, 2020 at 16:36
The system looks cool to me, but the ratio of won and lost is pretty suspicious. It looks kind of TOO good to me. I don't know if your system is a real miracle or if you're hiding something. But either way, good luck to you, and good trading!
FXsmartRobo
in
Trading Systems
May 30, 2020 at 17:33
Robotic systems are a new trend in the market. And although I have heard a lot of not very good reviews about it, I think that in some cases it is just necessary for a person in all circumstances to try and evaluate what the market is and what trading is.
Newbie looking for guidance and support
in
New Traders
May 07, 2020 at 20:22
If you ask me, the biggest advantage of trading in our time is availability. You can learn everything yourself, you can find the necessary information on the Internet and so on. You absolutely don't need the help of "coaches" or "guru" or whatever they call themselves. You don't have to pay anybody for that, you just lose money. If there'll be some questions - go to the forum, here are many who willing to answer them. The rest - you can learn on your own.
Need an advice
in
New Traders
Apr 18, 2020 at 14:55
If you are new there is totally nothing wrong with it entirely and possibly on many many services out there and I clearly do not get what is what entirely..... I do want to understand the whole idea behind that. Even if the broker is bad you will discover it with little risk.
Forex is Hobby ?
in
General
Apr 07, 2020 at 19:41
To gert the most out of forex you need to trust yourself. Do not believe everything that people say about forex untill you find out for yourself. They are just people like you. Just because it did not work for them does not mean that it will not work for you. What you learn is what matters. Do not be too cared to trade with high risks because you are afraid that you will make huge losses.
HBFX Markets Ltd.
in
General
Apr 04, 2020 at 16:46
So many years have passed since original posts, how that story ended ? If they are not regulated why people even deal with them in the first place please? I do not get people sometimes entirely. So let's discuss that topic.
AAFX Trading
in
Brokers
Mar 31, 2020 at 15:54
Good brokerage for beginners I think. I'm beginner and I like this broker. It provides demo, tight spreads and quite enough education to learn there. Minimum deposit is $100, it's good for beginners. I don't like demo accounts, as there is no psychological pressure, so $100 is great opportunity to test brokerage and take a decision.
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