Recent content by Fin_Trader

I am quite satisfied with the MT4 platform. It has sufficient functionality, good stability of operation and it is quite suitable for trading according to my trading strategy.

I like short-term intraday trading. It gives me the opportunity to withdraw my earned profits on the same day and use them. Also, I do not bear additional costs on negative swaps for transferring trades to the next business day and minimize my risks in case of gaps at night, which could deprive...

I like to trade EURUSD and USDJPY. These pairs are quite liquid and my broker has small spreads.

First of all, a trader should have a profitable trading strategy. He should be able to control risks, thus minimizing his losses on unsuccessful trades. Being able to control emotions is also an important aspect in consistent and profitable trading. It is also important to choose a reliable and...

I would add that it is important to pay attention to the timing of important fundamental news and events. Expected events can have a strong impact on the market, and ignoring them can lead to unexpected results and sharp losses. Therefore, some traders prefer to avoid entering the market...

Such lighters can give profit, but not for long and not stably.

I think we can predict prices. After all, the market always repeats itself, forming frequently repeating figures of technical analysis and candlestick patterns that have a good performance and provide an opportunity to earn.

I think that a newbie on Forex should not immediately look for a "miracle robot" for quick and easy earnings, but study the methods and approaches to market analysis in order to understand the principles of market movement and create their own trading strategy. My broker's blog helped me with...

I don't think there is a good enough trading bot that will make money in the long run.

A clear trading plan helps eliminate doubt and uncertainty. When you have specific rules for entry, exit, stop loss and take profit, you will follow strategy rather than emotion, making rational and informed decisions with a higher chance of success.

Yes, it is not a bad tool for analyzing the market and finding fairly accurate market entries when trend movements are observed. But when a range occurs in the market, frequent false signals are possible, so it is better to use additional indicators or indicator-free methods of market analysis...

When choosing a company, I paid attention to the presence of regulation (my broker has an FCA license), a solid period of work in the market, so that it provides instant execution, minimal spreads and timely withdrawal of profits.

I prefer trading forex because of the high liquidity, higher leverage, 24/5 trading and low entry threshold.

Yes, if someone promises you big and fast profits, these people are usually scammers. Big profits always border on the same big risks and with a high chance this contributes not to earning an impressive amount of money, but to their quick loss with such risky trading.

Yes, I think it is very important to take such important news into account in your trading. After all, during the publication of such news, sharp and increased volatility may occur in the market, which can help you both quickly make money and quickly lose your money. Therefore, it is important...