No no, of course not. What I was trying to say is that newcomers are learning on their mistakes and luck is a bad teacher from that point of view. Newbies don't understand that it is better to have small gradual profit, than a big one-punch ...

Non-leveraged crypto trading with iforex

Of course that depends on person. But as for the begginers, they are better not involve theirselves into leverage. And one of the reasons is they can be lucky and make profit out of their leveraged deals.

Non-leveraged crypto trading with iforex

That's right. Every person who enters the market must understand that how they act and how they analyse the consequences of their actions is what directly determines how they will deal with future difficulties and find solutions to them. Everyone ...

Forex Trading Journal spreadsheet

Assume it depends on how much money are you ready to risk. Because if you have the your last money on your deposit, your trading will not be risky. And if you have like some funds on your deposit and a big loss wil not entirely affect your financial ...

Non-leveraged crypto trading with iforex

The very fact that I have more time to exit the market if something goes wrong is one more thing that attracts me to non-leveraged trading. I know how tricky leverage can be and sometimes it’s too late to do smth to save your money cuz your depo is ...

Non-leveraged crypto trading with iforex

Hidden divergence is similar to 'standard' divergence – where the price of an asset and an indicator move in opposite directions. However, while regular divergence can alert you ahead of time to a possible reversal, or change in the price direction, ...

Divergence and hidden Divergence

I know some traders who trade without charts and trade due to volumes, and moreover they have nice results. Anyway it requires plenty of experience and knowledge in order to start trading by volumes. Sometimes volumes can cheat on traders and this ...

Trading Without Charts

Trading discipline is something which makes successfull traders different from the losers. It is common knowledge that the markets are full of unpredictable fluctuations and other events which makes the traders nervous and susceptible to different ...

Trading Discipline !!!!

There are actually lots of things which make trading forex so risky and they depend on the trading style of one concrete trader. First of all, trading is so risky because many traders are unable to control and manage their risks. They take so many ...

why forex is so risky?

Wow, you've been trading demo for too long, it will be hard for you to start trading real money. The major difference between demo account and real one is the psychological factor and responsibility. You'll experience some other emotions which you ...

What is the difference between demo and real market accounts?

The obvious difference is that demo account won't bring you any sum of money, actually it won't bring you money at all. As for real account, then real money are being made only there. In my opinion, demo account is pretty helpful for beginners ...

What is the difference between demo and real market accounts?

It's a great desire, nevertheless you should understand that if we speak about trding activity, you can't only learn and learn actually, because if you want to become a successful trader, or at least, you want to generate a bit of money, then you ...

I want to learn and learn

I don't think forex will ever extinct actually. You know that investing and trading nowadays just gain momentum, because there are simple tools for running successful trrading campaigns. I believe that forex is forever, until something bad will ...

How many more years will Forex exist?

I think that trading teaches a lot. It teaches patience, calmness, it develops and ability to make decisions consciously, it teaches never rushing and many other things which can be useful in your ordinary life. Unfortunately, not all traders listen ...

What have you learned?

That is a great description of your trading experience, that yo for sharing it. I do absolutely agree with lots of things that you mentioned here especially I do support the idea that nobody should be trusted. I mean that there are many people on ...

What I have learned trading & How I developed my system

This thread and the discussion around it was an eye-opener for me. I didn't know that python can be integrated into mt5. That is why I'd like to recommend the thread runner to turn to mt5 and python for lots of different reasons. Firstly, python is ...

algorithmic trading

I can only partly agree with you here. You are absolutely right that studying the market is much more important than just use a bunch of indicators and it is also not very good idea to use millions of them simultaneously. However, I wouldn't say ...

More study, less indicator

Accept the fact that the first deposit with 99% probability you will lose. You can consider it as a payment for training, for experience. Because demo accounts are good, of course. But in any case they cannot provide a 100% authentic picture. After ...

Why 99% of traders lose money

There are plenty of reasons why rookies lose, not only rookies actually, professionals tend to lose too. The main reason is chasin for money. Traders think that trading activity is quite easy and are convinced that it's also easy to make money here, ...

reasons why traders lose