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I think if you are just starting out, it is better to learn as much as possible about trading and try to build your own strategy. I don't think EA's are a shortcut for this learning and practicing process, because they are not infallible and you have to know what to do in case something doesn't...

It is very risky indeed. The basic concept is that you make a bet on whether an asset will go up or down past a certain value, and - as opposed to regular trading, where you can manage your risks and fine-tune your trading process - the outcome is either "you were right" or "you were wrong"...

I think the most important thing is to test it before you start using it - either backtest it, or use it on a demo or cent account, before you use it on your real account.

I've been in an MLM before and to be honest, it wasn't a great experience. It felt like a strange crossover between all the disadvantages of both employment and freelancing - a lot of work, not much control over my time and my duties, and very unpredictable income (even though they are adamant...

Yes, risk is a part of trading and we have to accept that. But it's also important to acknowledge that to some extent, we have some control over the risks we take, so we shouldn't be reckless either. The risk-to-reward ratio and risk percentage that you mentioned are great ways to do manage risks.

It sounds like that's what they mean, Bitcoin is often referred to as digital gold because it could be a good way to hold your money in a way that somewhat combats inflation.

I agree, everyone needs to know their own boundaries when it comes to trading. If you spend more time trading than you can handle mentally, emotionally or physically, that can lead to bad decisions and unnecessary losses.

You can add an alert to an indicator by modifying the source code - you have to add parameters which define how you get alerted, determine the right buffer and define the precise conditions you want to be alerted about.

Broker servers can analyse your trading process based on the moves you make and the profits and losses you get. But as far as I know, they don't see the codes behind your trading robots/EA's, if that's what you mean.

The most important thing is blue light protection. You can buy blue light filtering glasses, or have a blue light filtering layer added if you already wear glasses. Another thing you can do is take a small break every hour or two when you are not looking at screens. It's also good for your eyes...

I'm not a statistician, but I don't believe trading converges to zero. Why would it? And I'm not sure what you mean by "brokers always winning" but brokers, at least the genuine ones, don't make money on your losses, instead they make money on spreads and commissions.

The first thing you should check is regulation - it should be regulated by a legit regulatory body. Other things that are very important is to make sure that the broker has a good reputation, no indication that it could be a scam, and has been around for a longer time. Also, I personally prefer...

I think the original purpose of Bitcoin is to provide an alternative to fiat money that could be used in everyday transactions. As a speculative asset, though, it can be used both for value storage and for trading. In this sense I think it is most similar to stocks or commodities - you can both...

This is a good rule of thumb, but even if you intend to choose an older broker, don't forget to do research on how reputable they are.

I don't think you have to beat the market, you just need to learn how to navigate it. Anyways, yes, mindset is very important, and you have to be patient. You also have to learn and practice a lot if you want to become a good trader.

I think this is a good attitude, relying on signals is not a shortcut for properly educating yourself about trading, and it can also give you less control over your trading progress.

If you are new, I think it's best to stick to only a pair or two. That way it's easier to get familiar with the currencies in question.

I also think it is best to trade them around the middle of the trading week.

I agree with the replies, in demo trading you don't experience the emotional side of trading. But if you are profitable in demo, that's good news, it means you have got the technical side of trading down - on a real account, you will have to learn to not let your emotions derail you from...

The main difference is the programming language - MQL5 is highly specialised for developing programs related to financial markets. Plus MQL5 EA's are the most suited for trading on MetaTrader5.