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barako

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Everything posted by barako

  1. yup and the numbers dont seem to be shrinking, but one thing for sure, there are more and more retial traders with each passing year looking into forex trading.
  2. yup, the BTC halving is approaching, and quiet anxious on how things will unfold. best of luck to all.
  3. if you catch it early yes, with enough money you can get rich quick. its all up to being knowledgeable with eagle eyes for the markets
  4. yes since brokers earn from volume of trades not from traders loosing, if a trader stop trading then the brokers loose profits haha thats how it works mostly in my opinion so education is key,like how fhm aside from online webinars actually conduts seminars in countries which is a good step
  5. one thing to look forward to is the elections in november, thigs will get crazy with the USD, but for now let hope for good results, im try to diversify the portfolio on hfm just to have more pairs and maybe less USD envolved when unsure
  6. if you are lossing consistently then stop balming the markets and start rethinking what you are doing consistently that results in loses, sometimes if could simply be rash decisions, in most cases no following the plan due to emotions, or simply lack of knowledge, the more u focus on your self the less loses u will have.
  7. sorry i have to correct my self the crypto bull has started. with some people speculating it would be a shorter cycle.
  8. best of luck with eurusd, lots of things seem will be happening this year pretty sure the crypto market will be affected the most with global economy not seeming to work according to plan in the west.
  9. seems the crypto bear market is starting, and brics is making some moves that gets the market volatile as of late.. best of luck with trades this year
  10. 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
  11. 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
  12. 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
  13. 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.
  14. 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.
  15. 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.
  16. 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?
  17. 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.
  18. 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
  19. hey guys how is trading going in your 2023?
  20. and it makes it easier to remember, and i guess its the trend,. ho0w are trading doing?
  21. 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.
  22. 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
  23. yes thats right. thanks for the explanation and its good, looking at top traders they are up like 300%
  24. I got an email about it, road to paris, its really nice.. the prizes are really goood. ebst of luck to all participants
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