Recent content by pippin

I can suggest to try HFM or Exness they are great in terms of execution speed, excellent for scalping systems.

In my opinion, forex traders blow their accounts primarily due to a lack of effective risk management, emotional decision-making, and trading without a clear strategy. Successful trading requires disciplined execution of a well-defined plan, alongside continuous learning and adaptation to market...

You can buy on Fridays recently this day started to outperform compared to other days looks like traders buy safe heaven as a precautionary measure to hedge weekend shocks

Identifying major support and resistance zones involves analyzing historical price levels where significant buying or selling pressure has occurred. These zones are often found at round numbers, previous highs or lows, or where price has repeatedly stalled or reversed. To avoid fake zones, I...

For beginners, trading education should cover fundamental concepts such as market mechanics, technical analysis, risk management, and trading psychology. Start with free resources like online tutorials, articles, and webinars offered by reputable trading platforms or educational websites...

depends on how much you will deposit and your risk tolerance. Still those figures are possible under right circumstances

Understanding market trends involves analyzing price movements over time to identify the direction in which an asset's value is moving. Trends can be classified as upward (bullish), downward (bearish), or sideways (range-bound). Traders use various technical indicators, chart patterns, and...

Sticking to a trading plan requires discipline and commitment. Some effective strategies include setting clear and achievable goals, regularly reviewing and updating the trading plan as needed, maintaining focus on long-term objectives, and holding oneself accountable for following the plan...

Can you explain what do you mean by unique traits of the market? maybe some examples?

Binary options have their own platforms and I don't understand why you want to try them because payouts are quite strange like 80%, in fx you pay only spreads and commission and can adjust you stop loss

One of my best experiences with a trading indicator has been with the moving average convergence divergence (MACD) indicator. Found it in my HFM platform right after installation of the terminal. It has proven to be versatile and effective in identifying trends and potential trend reversals in...

Thanks will it work on MT5 platform too? I use one from Hotforex, is the indicator requires specific platform build version?

In trading, my key to success lies in maintaining discipline and adhering to a well-defined trading strategy. This includes rigorous risk management, emotional control, and continuous learning. By sticking to my plan and managing risk effectively, I aim to achieve consistent profitability over...

For beginners, a simple and effective strategy is to focus on trend following. This involves identifying the direction of the prevailing trend using basic technical analysis tools like moving averages or trendlines and then entering trades in the direction of that trend. Additionally, practicing...

Try to build your system it will be more rewarding than looking for and trying losing signals, tested myself many but they all give 50/50 at best