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binaryowner
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HFM demo contest … win 1K’ sounds solid - does the prize come as withdrawable cash or as credit with turnover requirements? From my contest experience, fills/spreads can differ from live, so I treat them as practice for execution speed, not a proof of edge
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I like the focus on picking one learning medium and sticking with it. From structured practice and backtests, I’ve found tracking one or two setups across both trend and range regimes builds skill far faster than hopping resources
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To have the ultimate advantage, you need to do much as you can to educate yourself and fill yourself with knowledge. There are always more things to learn, like from youtube videos, broker webinars, for example from HFM, etc.
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Forex Basics 4 Advanced&Beginner Traders
binaryowner replied to StefGrig's topic in General Forex Discussions
I’d say starting with trend following using moving averages or RSI is solid. My experience with HFM shows that combining a demo account with strict risk rules builds very good foundations quickly -
Introduction To Online Forex Trading
binaryowner replied to StefGrig's topic in General Forex Discussions
I found demo trading at HFM invaluable—building that foundation before risking real capital really stabilized my mindset and performance -
I've logged hundreds of demo hours with HFM before going live. Treating demo funds like real capital built the discipline that saved me from blowing up early on
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Any news on latest demo tournament? When will results come out?
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I’m new to contests but ran two last year with demo accounts—best part is stress‑testing strategies without risking real equity. Anyone else use contests to refine their risk control and discipline first?
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Introduction To Online Forex Trading
binaryowner replied to StefGrig's topic in General Forex Discussions
Since mastering leverage and risk management is key, what simple demo‑account routine helped you wrap your head around pip value and position sizing? -
How long have you been trading with each of those brokers? Btw what is your experience with Hotforex because I trade with them and want more feedback about them.
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as a newbie, I’ve noticed HFM’s tight execution on news events helps reduce slippage. Still testing, but my demo trades have been encouraging so far
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I found using a solid, regulated platform like HFM gave me peace of mind and helped me focus on my risk rules. Even as a newbie, that stability made me feel like a real pro.
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From my trading desk, limit orders helped me enter at precise levels, while stop orders kept me safe against sharp reversals. Learning OCO saved me from overexposure—two orders in place but only one filled is pure peace of mind
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Speaking as someone who’s used ASIC-regulated brokers before like HFM - I'd recommend checking their ASIC license firsthand and comparing spreads; my experience is that trusted regulation equals peace of mind
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As a newbie trading with HFM I'm focusing now on solid position sizing and risk/reward before diving into advanced strategies—your emphasis makes sense. I’ve been using demo accounts to grind risk control before going live
