Recent content by pippin

Agree with you. Unfortunately I played around 5 months in demo and blew out 3 live accounts, 1000 USD total before finding price action system and broker (hotforex) which helped me to achieve breakeven level after 3 months of hard work. I should say that it is impossible to trade in profit if...

Which broker can you suggest I would like to test my feet with Hotforex, Tickmill or Exness, which one would you suggest

Go and get finance, computer of math background in some serious university if you want to make a shrewd investment in your trading skill. It is unlikely that somebody would reveal a clear route towards successful trading.

You still should make some assumptions about price relationships first before verifying them in trading test. Trying MAs, ATR or RSI with different parameters can be a good example of trials and errors process, however if market has no memory, those indicators have no predictive power...

I trade using scalping strategies on major FX pairs with Hotforex and Tickmill. According to my experience, if you want to improve your trading results, find brokers with low spreads like 0.0 - 0.1 pip on majors

If you want to stay in the market and keep position open you have to maintain sufficient margin so your broker won't close the trade. So in some sense margin protects you from a loss.

Agree that's why we have to use stop loss and trade with reputable broker if we want to avoid unpleasant trading situations. clapping hands

Hotforex offers CFD on VIX, not sure if it's what you need but movements mirror original VIX index.

Which type of account did you open? Their zero spread account is great place for scalping didn't find similar anywhere else.

I use beeksFX with Hotforex because they offer special discount for traders so it's cheaper compared with other options.

After all success of news trading depends a lot on how your broker executes orders during news. It's the crucial aspect of news trading. For example with my current broker Hotforex I see that execution time increases a bit and slippage appears in execution during news release however it's decent...

What have you tried and how do you explain your failure? It is important to learn from your mistakes if you want to become better in trading.:unsure:

Are you affiliated with Hotforex broker or an independent service provider?

Does it support installation to MT5 (Hotforex broker)?

Can you suggest me some good books about price action. Currently I'm watching Hotforex webinars about scalping but I feel that information is incomplete despite good educative approach. Most interesting books I found in the internet are sold on Amazon but I'd like to start from a free stuff.