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CFD is a good alternative you can for example try HFM or Exness they offer stocks trading, same exposure just different contract. I even find this market more efficient than trading on exchange, since no tax, all gains are yours
I agree that developing a personalized, profitable trading strategy is crucial for success. A well-crafted strategy tailored to your trading style, risk tolerance, and market understanding can be applied across different markets and instruments. However, it's also important to adapt your...
I completely agree. While natural talent can give a trader an edge, consistent profitability in trading requires dedicated learning and practice. Understanding market fundamentals, technical analysis, and effective risk management are crucial skills that need to be developed and honed over time...
As a new trader looking to profit, it's essential to start by learning the basics of trading and risk management. Focus on developing a solid trading plan, including clear entry and exit strategies and risk controls like stop losses. Begin with a demo account to practice without risking real...
I am always a bit curious about indicators, I have Hull thing trading with HFM but its not that great TBH so i just stick to looking at a day chart and seeing what news there is if any if no i move on and i use key support area for rejection, its not easy
Can you please explain how volatility affects returns of vice versa? As far as I understand increased volatility is just magnitude of returns gets bigger and stays large for some times. This is known as volatility clustering.
Yes, I agree that using too many indicators can lead to frustration and analysis paralysis. It's more effective to choose a few reliable indicators and use them consistently to aid your analysis. This streamlined approach helps maintain clarity and focus, making it easier to identify...
In order to create a winning trading plan you have to define a winning edge (who you win in the market), develop entry and exit rules and then backtest your system on historical prices of different periods to see if your pattern is persistent, i.e. it is independent of different market regimes...
Boom and crash indicators, which claim to predict sudden market movements, are often marketed to appeal to traders seeking quick profits. However, no indicator can consistently predict such extreme events with high accuracy due to the inherent unpredictability of the markets. It's essential to...
The best pair that most traders would agree that is suitable for beginners is EURUSD. Not only because it is the most famous pair, but also because of its lower volatility when compared to other currency pairs.
Didn't they tell you which brokers to use? Arbitrage is specific thing, for example I do swap arbitrage with HFM but it's slightly different and profit is lower than in usual arbitrage but no risk of account termination
To stay disciplined and consistent, I maintain a structured trading routine, set clear and achievable goals, and prioritize risk management setting small leverage at HFM and picking lot size which reflects my TP and SL targets as well as the money I can afford to lose. I also focus on...
In my experience, the 4-hour timeframe strikes a good balance between noise and reliable signals. It allows for thorough analysis and provides ample opportunities without the stress of constant monitoring like lower timeframes.