Recent content by Vaph

Every currency pair has its own characteristics. The main thing is to choose what you understand well.

Trading actually is a very risky business I agree with this statement one hundred percent. Nevertheless, there is proverb "as you name the boat, so the same shall it float". I mean that if you will relate to some activity with a negative attitude, it's obvious that it won't be successful for...

Why don't make a demo account instead of reinventing the wheel? Such bonuses will never make a trader out of you, you'll just waste time and nerves doing this thing.

Emotions are the factors which make EAs and trading bots more reliable in trading than human beings. It is not only fear which threatens traders' deposits but the other emotions as well.

To tell you the truth, many new traders remind me of young guitarists: many teenagers start learning how to play the guitar but only a bunch of them don't give up learning and reach a success with their bands. Quite the same situation with forex trading: many people want to get rich, but only a...

Theoretically, it surely can, but I don't think that rich people will do forex as their full time job. It also matters, which rich people we are talking about. I mean there are some rich people who earned the wealth by themselves or there are also rich people who became rich by chance. So, I...

If you are a good trader, then trading is neither cheap nor expensive, it is free of charge like work. You don't pay to go work, right, you are paid instead. More than that, In most of the cases brokers don't take your deposit money right away, deposi money still belongs to you, so you don't...

The biggest mistake is to forget about your mistakes. There are so many people who trade and never look back on the previous trades. They don't know the reasons for their past failures, they just keep trading and trading without gaining the most valuable experience.