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fxeconomist
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Everything posted by fxeconomist
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Yeah it depends on what you prefer - passive or active investments. Young people prefer making money in aggressive way so forex trading may be more suitable for them.
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Yeah I also love to share my profitable trades with Hotforex, but when it comes to sharing about losses I try to be short and brief as much as possible :rofl:
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Do you use only Trailing stops or fixed stops too? What is better to use for scalping?
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How long does it take to become a successful trader?
fxeconomist replied to kingston's topic in Beginners Forum
Best teacher in trading is only yourself. There you are a mentor and learning newbie at the same time what is like a process of discovering yourself your own potential, trying your own ideas.. Its really incredible I think -
Still no opinions on Trump ? I think it will have much greater impact on markets than Brexit..
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Can I test your strategy at my Hotforex platform? Can you please enlighten what is correct trading setup, best risk/reward ratio... Is it spread sensitive strategy and what is its timeframe?
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Anybody tried to trade stocks via contracts for difference?I see many stock trading options at my Hotforex platform, they are even cheaper than regular exchange traded stocks, but I can't understand what is the difference between them?
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It would be really interesting to read about their cases, was they successful at claiming their money back from a broker, was there any support from regulators on this issue, etc.
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Hey guys, can you drop me the link to this contest? How I can participate it?
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How long does it take to become a successful trader?
fxeconomist replied to kingston's topic in Beginners Forum
The size of success is also important. Making 5-10 pips daily with Hotforex, making off living from those earnings is quite enough for me and all i need is to maintain this level. -
Fixed Spread Account at Hotforex. Is It Possible?
fxeconomist replied to fxeconomist's topic in Forex
Still no replies.. Its strange.. -
Well if you are a fan of buy-and-hold strategy always remember that "market can stay irrational much longer than you can stay solvent";) Its not something easy nowadays to play buy-and-hold strategy because economic growth becomes harder and harder..
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Other AUD & NZD Pair Discussions (GBPNZD, EURAUD, AUDCAD Etc.)
fxeconomist replied to TL Staff's topic in Forex
Any ideas on this pair for next week or two? How do you think FED decision will affect Aussie? -
Hey guys, Just wanted to ask you a broker-related question. I'm messed up with calculating my trading costs with floating and fixed spreads on HF accounts but what I really need to know does fixed spread account also rules out slippage? Or I will still be getting affected with it? thanks.
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Yeah I also noticed that their webinar trainer changed. So now I'm going through their e- course there https://www.hotforex.com/hf/en/trading-tools/forex-education.html
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AUD will enjoy upturn on commodity markets going to go long on AUDUSD in my Hotforex platform.
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Yeah the pair continued uptrend I expect it to test 1.31 soon on NFP.
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JPY won't cross 100 level again. Going to short it against US Dollar next week on my Hotforex platform.
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EUR will yield this week gains against Dollar in next week. I would call next week a "Dollar rally" as the odds of rate hike reached almost 50% in December what is bullish signals. Going to bid on Dollar next week.
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Is it same as Toxic flow which is normally rejected by banks??
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Hey Hotforex, any news on NFP?
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Start buying on bottom and gradually build position as it moves against you cuz the bottom has to be somewhere near current levels. Coup was supressed so I think nothing threatens stability of turkish economy. Opened another two 0.03 lot bids on lira with Hotforex lets see how it goes.
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It is impossible to trade news with retail forex brokers because they are market makers and won't take execution risks from client to themselves. You will in 90% cases receive slippage and miss major part of potential profit, run against bounces and pullbacks.
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Yeah you can considering gloomy outlook on world growth and speculations that recession will soon hit Europe and maybe UK as well. You can start will small positions building them gradually as it moves in your favor. It is my strategy I use with Hotforex.
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Can you suggest me some videos to learn forex trading (news trading particularly). Thanks.