Recent content by Yerenc

I withdrew money just yesterday. I liked the work of the support: verification is done on the same day, the deposit is instant (well, whoever has it otherwise?) the withdrawal is fast, the money came to the card the next day

Lioneld you have made a very good point. Indeed, some brokers are inspiring traders to take too much risk which eventually leads to pure gambling zone and possibility of very high loss for a trader. Every trader should know his limits and not jump into greed trap.

It is true that the most common mistake for beginners is luck of previous education. Forex market and idea of becoming rich are major drivers behind such behaviour. Well, eventually after some time, the market will move them back to school

the robot is trading, the results are unclear so far ... I’m adjusting it a little

Agreed. Keeping your mental health in order is one of the few important things in forex. Any trader should be able to put limits and distinguish private life from trading life.

I got it and will try it!

It is true that there is a large number of brokers on the market, but trader should choose legitimate and reliable one. It is not so hard to do, you just need to make good research before you find your broker.

I would agree with fact that many new traders are losing money in the beginning. It come from luck of experience, and in some way it is normal in Forex market. This is why it is better to enter this market with small amount of funds, until you get some experience on real account

I have a robot, that trades with gbp; yadix has minimal spreads for this currency, the robot can make 10-30 orders in a couple of seconds

Tom Latham I agree with you. I also find that scalping is easy strategy which anyone can easy learn. Now, whether someone will make profit of loss is part of experience and trading skills. Right?

Thank you, what are the conditions?

what is the speed of execution of orders?

Certainly, target should be selected carefully based on traders current experience level. It is always better to start by setting small targets and increase them over time, than to start with very big one.

I would agree with Tom that this profession is more challenging than lucrative. Especially in the beginning, almost every day you need to challenge yourself and your skills and knowledge and in the same time to sustain dedication to achieve your goals

I think that December have always been calm month. It is holiday season and markets are more relaxed than during the rest of the year. So, I am not expecting huge volatility until the year end