Search results

Have you considered HFM, IB or similar brokers which is known for existing more than 10 years in the market?

This is a really important topic for me as I'm just starting and already feeling the sting of even small demo losses. It's easy to say manage risk, but what are some concrete first steps for a beginner to actually do that and avoid the temptation to win back losses?

I guess you had to choose better broker and the situation would take a much better turn. Lots of things in trading depend on the right place to trade

Yeah, there is! Stop trading: you get zero risk, but zero return in exchange. Risk and return go hand by hand

Would also recommend to check them out, especially their raw spread account, one of the cheapest options to run tight-margin, spread sensitive scalping strategies

MDD is max drawdown? Or some other performance metrics is called like that? Would you mind sharing all performance metrics you use when choosing the signal vendor?

Do you have any experience with copytrading on any platform?

I want to allocate like 10-20% of my trading capital to copy trading but really struggle to determine which signal vendors I should choose. I decided to use service from my broker but it is like a tough task to pick best traders. Can you share some tips how to find traders that worth to invest...

I maintain discipline by sticking to my trading plan and risk management rules, regardless of market conditions. Regular self-reflection and journaling help me stay aware of emotional triggers and improve over time. Accepting that losses are part of the process keeps me resilient and focused on...

The idea for your EA should come from manual trading, like after 3-4 months of trading you start to notice that you can automate analysis (some pattern recognition) or decisions and this is how you naturally come to the idea that you need the EA for that.

Is there free trial before buying? Wanna try it on my HFM platform to get some understanding is it worth to buy or not...

Trading requires continuous learning and building a solid foundation of knowledge, which can be challenging due to the complexity of markets and emotional discipline needed. However, dedicating time to education, practice, and self-reflection is the only way to develop the skills necessary for...

What do you think guys about beeksfx? It is located in LD4 where other brokers place their servers so latency should be close to 0. HFM offers it for free but there is a deposit requirement so I want to hear more feedback before making a decision.

Martingale is a high-risk strategy that can wipe out accounts quickly, especially in volatile markets. Using a hard stop loss and sticking to disciplined risk management is far safer and more sustainable. Always trade with a plan, not hope.

I’ve had great experience with MetaTrader 4 and 5 for algorithmic trading due to their robust backtesting capabilities and support for custom indicators. For more advanced strategies, I’ve also explored platforms like cTrader and MT5 from HFM, which offer flexibility and strong analytical tools.

Yes, the duration of a company's successful operation in the market is one of my key criteria for deciding who can be trusted with my trading capital and who cannot. Companies that have stood the test of time earn the loyalty of their clients.

I had experience with them which went from positive to negative because of too many slippage in my trades placed during high volatility. HFM managed such situations better because I noticed how my slippage costs decreased and returns increased.

I would recommend to try day trading first because chances of successful forecast are proportional to timeframe, for longer timeframe uncertainty (which you can't predict at all) grows which complicates predictions. Also you can't rule out shocks which are completely unpredictable. Also shorter...

Patience is a cornerstone of successful trading. Rushing into trades without waiting for the perfect setup often leads to poor entries and unnecessary losses. It's all about sticking to your strategy and waiting for the market to align with your conditions. Have you found specific techniques or...

Being of the market is the trade too since you keep the money and it is the asset too just with 0 return and 0 risk. Other carry higher risk but offer higher returns too.