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barako

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Everything posted by barako

  1. I think it was a limitted time only, though the document or the ToS is available online, currently on the website there is only a 20% topup bonus, better yet its a lot safer to contact support directly for clarifications
  2. I believe its open for all, I did see something about a 30 no deposit bonus, it comes with terms though, Im not a fan of bonuses in general
  3. there are min deposits of course depending on the deposit method used, mostly segregated accounts just to be clear. and yes for starters always test the waters with small amounts that wont hurt if lost in trading. or just stick wtih demo
  4. It's difficult to determine which investment is better, as it depends on various factors, including your investment goals, risk tolerance, and financial situation. Here's a brief overview of each investment option: ETFs: ETFs are a type of investment fund that trades on an exchange like a stock. They offer diversification by investing in a basket of stocks, bonds, or other assets. ETFs are generally considered to be a lower-risk investment option compared to individual stocks, as they provide diversification. Individual stocks: Investing in individual stocks can potentially offer higher returns but is also riskier than investing in ETFs or mutual funds. Stock prices can be volatile and unpredictable, and there's a risk of losing all your investment if a company goes bankrupt. Penny stocks: Penny stocks are stocks of small, relatively unknown companies that trade at low prices. They are often considered high-risk investments due to their volatile nature and lack of liquidity. Penny stocks can offer high returns, but there's also a high risk of losing money. Blue-chip stocks: Blue-chip stocks are stocks of large, well-established companies with a history of stable earnings and dividend payments. They are often considered to be lower-risk investments compared to penny stocks, but may also offer lower returns. Ultimately, the best investment option for you depends on your personal goals, risk tolerance, and financial situation. It's always a good idea to consult with a financial advisor or do thorough research before making any investment decisions.
  5. Babypips.com: Babypips.com is a popular online resource for forex education. It offers a comprehensive beginner's guide to forex trading, as well as a variety of other educational resources, including articles, tutorials, and quizzes. Investopedia.com: Investopedia.com is another popular website for forex education. It offers a wide range of educational resources, including articles, tutorials, and videos on a variety of forex-related topics. DailyFX.com: DailyFX.com is a website that offers forex news and analysis, as well as educational resources for traders of all skill levels. It also offers free webinars and trading guides. Forex School Online: Forex School Online is a website that offers free educational resources for forex traders. It includes a range of articles, tutorials, and trading strategies, as well as a free trading course for beginners. YouTube: YouTube is a great resource for free forex education, with a wide range of educational videos and tutorials available. Some popular channels include Trading 212, Rayner Teo, and ForexSignals TV.
  6. barako

    Forex Trading Tricks

    Here are some of which I try to do religiously in my hfm trades: Develop a trading plan: Before entering the market, create a clear trading plan that outlines your goals, risk tolerance, and trading strategy. This will help you stay focused and disciplined, and avoid impulsive trading decisions. Manage your risk: Effective risk management is essential in forex trading. Use stop-loss orders to limit your losses and consider using position sizing techniques to ensure that you don't risk more than you can afford to lose. Stay up-to-date on market news and events: Stay informed about economic and political developments that could affect the forex market. This will help you anticipate market movements and adjust your trading strategy accordingly. Practice good money management: Avoid overtrading and don't risk more than 2-3% of your account balance on any single trade. Also, consider diversifying your portfolio and using multiple currency pairs to spread your risk. Keep a trading journal: Keeping a record of your trades and analyzing your performance can help you identify your strengths and weaknesses as a trader. This will allow you to refine your approach and improve your trading results over time.
  7. whats instore for the usd after the interest hike up to 4%, while the fed reserve was projecting just 2% last year, and now we have banks crashing over the week end, i believe there are three now?
  8. with crypto as long as it leaves your wallet its gone, in many cases, being hacked or scammed has no return, even large companies have it hard, usually its human error, one just need to be vigilant, and get a hardware wallet to be safe. just my two cents. P.S. but it still has potential this crypto business.
  9. there is many ways to learn forex, but something thats hard to do is look for a decent mentor, maybe an influencer or other traders and start following them and listening to them, trading courses are okay, but stick to free ones, dont pay to learn coz majority of them are not worth it, practice on demo, many brokers offer free demos, as suggested above, you can do some demo contests like the ones offered by hotforex. and keep pushing forward, and it will gradually come to you
  10. hey guys how is trading going in your 2023?
  11. and it makes it easier to remember, and i guess its the trend,. ho0w are trading doing?
  12. yup you are correct, any one noticed the new change in the branding of hotforex, we should be calling it HFM i guess, and it looks really good.
  13. u need lots ot TA (technical analysis) knowledge, the more the merrier, and lots of time to study any certain pair u wanna trade, and a good broker, not so sure about course though, most of what u need u can find online for free
  14. yes thats right. thanks for the explanation and its good, looking at top traders they are up like 300%
  15. I got an email about it, road to paris, its really nice.. the prizes are really goood. ebst of luck to all participants
  16. if you can do both then its even better, as long as you have the time for it, I do forex at hotforex and crypto at binance and stock locally and its fine, we go for the profits no matter where it takes us
  17. i have to agree hotforex is a decent broker
  18. yes its the of the largest markets if not the largest, and its really profitable anyway
  19. i believe the min deposit is 50usd, except for wire transfer its 250.
  20. yes this is true, its not abattle of brokers (though a good broker should be chosen first) at the end of the day its the trader and his decisions
  21. the fed reserve is sending mixed signals, it does affect crypto badly, im at a lose at the start of this year but i still have forex anyway haha
  22. been trying to divers as of late, doing some crypto on binance, nft buy and sell on opensea and forex with hotforex, stock im using a local online broker, its funny how similar these can be, but degree of risks vary
  23. have a blessed 2022 everyone, I hope this desember market crash did not affect lots of us, I guess its safe to say its the bear markets for the next couple of months, especially in crypto aint it?
  24. yeah, in the upcoming years, its getting stronger and stronger the the decentralisation concept, its gonna be crazy
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