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bluemac

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Everything posted by bluemac

  1. bluemac
    Broker's virtual to real trading contest can be a good way to earn recognition as well as prize money. I see there are many brokers offering these contests to keep their traders motivated.
  2. bluemac
    Backtesting can be a good tool to practice before jumping for live trades. We can use demo to expedite our learning process because they come with free virtual funds and live market conditions.
  3. bluemac
    Does it works with HFM's mt5 as well..?
  4. bluemac
    The traders are well versed in managing all the associated risks with their trading and thats why both risk and money management is important to learn.
  5. bluemac
    Trading does not promise riches right over the night yet if we learn the skills we can make good money enough to support our dreams and does not have the worry finding work and payouts to rely any further.
  6. bluemac
    Write in a little more details please, are you talking about the institutional order flow or something else? Please specify!
  7. bluemac
    I have heard that the winners of these contests receive trading credits instead of real cash, what is the reason behind?
  8. bluemac
    I can say better to check the repute since there are many bad examples of the past where even the regulated brokers turned into scam and never paid back to their traders.
  9. bluemac
    Does it work with my hfm broker's trading platform?
  10. bluemac
    Demo accounts are provided by the brokers like hfm, xm, lmfx, exness etc to test the processes before investing money with them, this is just another function of these demo accounts.
  11. bluemac
    Nowadays we almost have everything for free on the internet we just have to properly search for it rather than paying for the things which are actually free.
  12. bluemac
    Even we can do the right thing to withdraw profits leaving the necessary capital with our broker to stay on safe side.
  13. bluemac
    Demo accounts comes with their own benefits starting from testing any brokers processes without depositing money with them to back test any strategy before implementing it to the live account.
  14. bluemac
    There are many brokers like hfm contributing good webinars designed by the industry experts just for the sake of traders' education, i think these webinars might be good read too.
  15. bluemac
    Taking up to 2% risk of the total capital is the industry standard however we should risk less than that and use a trade journal to review periodically and improvements.
  16. bluemac
    Essential part of the risk management and churning with the possible probabilities to lose less and win more. This is yet another skill which is required for consistently profitable forex trading.
  17. bluemac
    I guess better going through some of your own research shortlisting a few brokers like hfm, xm, exness, lmfx etc and comparing them together to find out which one suits to our needs.
  18. bluemac
    I see the gold and bitcoin, to my surprise they both been touching the all time highs and not sure when they get dumped making a reasonable correction.
  19. bluemac
    It is good actually to wait for the market volatility to settle down initially and then looking for the setups or staying on the sidelines just watching the markets.
  20. bluemac
    We would like you to enlighten us more about what this link is intended for..? For trading transformation, i believe there are many resources out there on every google search and then there are many brokers like hfm etc which provides online webinars for free to educate the traders.
  21. bluemac
    Forex is a very professional market which does not allow any trader's mistake so it is better to go and back test the strategy on a demo before implementing live.
  22. bluemac
    No doubt, the babypips remains a good resource for quite some time however there are many brokers like hfm etc offering free educational webinars for free.
  23. bluemac
    This traderpot is increasing in value, i don't know how long will this promotion last! Good for the forex traders in my opinion.
  24. bluemac
    Depends on how much risk we can take, scalpers and news traders usually have high risk averse and also experienced to hedge against the market therefore, new traders should instead try to avoid trading during news or high volatile market conditions.
  25. bluemac
    The real profitable traders have two things in common, one is they have focus and the second is discipline which means sticking to their plan.

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