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First of all, scalping allows you to earn profit every day (in case of a reliable and proven trading strategy) and withdraw it every day. But with this type of trading, high-quality and favorable trading conditions from your broker are important. Therefore, I chose a regulated ECN broker that...

I think that faith alone will not lead you to success in forex. It is more important to have strong knowledge, skills and experience in market analysis, risk management and psychology in order to make informed and systematic decisions and be able to earn in forex with a greater degree of stability.

I think it is impossible to accurately determine how much time it will take for a trend to reverse by looking at order blocks alone. It is important to study and consider important fundamental data and events that both form and reverse long-term trends.

To prevent indicators from repainting, use support/resistance levels, inclined trend lines and channels, technical analysis figures and candlestick patterns.

Don't increase your trading volume after a successful series of trades, guided by euphoria. Take breaks after a series of profitable trades to avoid emotional decisions.

When choosing a broker, I took into account regulation (my broker has an FCA license), how long the company has been operating in the market, so that there are minimal spreads and commissions, instant execution and fast withdrawal of profits.

It is also important to be able to optimize the robot for a specific currency pair that you will be trading. After all, each pair has its own degree of volatility, type of movement (trending pairs or pairs that like to move in ranges), different liquidity and different spread sizes. Therefore...

I would add that it is better to use tight stop losses, which has always been relevant in risk management in both manual and forex robot trading.

I like day trading because it allows me to profit from even short-term price movements and quickly withdraw my profits on the same day. I am able to do this thanks to a proven trading strategy and, most importantly, the favorable trading conditions of my broker, which provides tight spreads and...

You also need to understand that the market is constantly changing under the influence of various factors and events, so it is important to constantly improve your skills and knowledge and keep your finger on the pulse of these changes in order to correctly predict its future behavior with a...

If you are developing or modifying trading robots, a demo account can serve as a safe environment for testing and optimizing algorithms before launching them on real funds.

You can also use a small leverage to control your risks, which will prevent you from opening trades with large lots and overloading your deposit.

And how and when do you close your loss? Manually, when you see that the strategy conditions haven't worked or do you prefer to sit out the drawdowns and just wait for your order to go into plus?

Remember to control the risks and do not try to extract a lot of money in a short time of trading as many beginners dream. This will lead to the exact opposite effect and disappointment.

First of all, large and frequent losses are observed when trading using an unprofitable strategy. Therefore, it is important to first check its performance on a demo account and, if necessary, refine it there and improve it and only then switch to a real account. It is also important to trade...

I think that when trading you should always control risks and minimize your losses. Therefore, it is better to trade with a small amount of leverage, earning more conservatively, but also more stably, than to chase big and quick profits with maximum leverage and constantly lose your deposits.

There is no 100% breakeven indicator in trading that would only give accurate signals for entering and exiting the market. The best way to consistently earn on Forex is competent risk management, the ability to understand technical and fundamental analysis well and discipline. Also, to minimize...

I think that first of all it is worth eliminating overtrading so that there is no rapid fatigue and emotional exhaustion, and accordingly, frequent mistakes and losses do not appear. It is necessary to focus on the quality of trades, not on their quantity, so that trading is more comfortable and...

First of all, you need to be able to control your emotions and avoid making impulsive and unreasonable decisions. Developing self-discipline and accepting failures as an integral part of the trading process also helps improve results and reduce the risk of mistakes.

It is also important to understand the algorithm of such a robot, to be able to configure it and optimize it for trading a certain trading pair.