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bluemac
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Everything posted by bluemac
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Scalpers only wait for the right time to make their profits as the market moves sharply including volatility on news release. This broker allows trading during the news release.
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I think it might become a rare element like diamond or gold however it is just my assumption but maybe it comes true.
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The newcommers lose money because they come with a mindset of becoming rich right over the night after joining this industry. They do not cater trading as a business and treat it like casino to push buttons to make money.
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I guess the forex trading is better than the binary option trading in my opinion.
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I see with binance and coinbase evolution, there are many brokers like lmfx who started offering spot digital currency trading and some like hfm also offer bitcoin cfd trading too.
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Introduction To Online Forex Trading
bluemac replied to StefGrig's topic in General Forex Discussions
We need to check the broker which is regulated and also have some positive reputation in the market besides other factors. -
We can buy bitcoin on the sites like binance, crypto.lmfx etc however we can trade them on many forex brokers like hfm, xm, exness, lmfx etc.
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Bot that makes cryptos free without investing anything
bluemac replied to indo909's topic in Cryptocurrencies
I have assumed so far that there is nothing free in this world however the only way to make money is to learn trading and invest in it which can yield guaranteed results rather than investing money or time on any other venture. -
Education is a must have in trading and i also have noticed that most of the brokers like hfm etc are investing in traders' educational awareness programs as well.
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Limit orders are good however when it is much needed i also use market orders to buy or sell if necessary.
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The traders job is to manage all the risks associated with their trade enteries and exit in profits.
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The statistics on their website has good number of traders with much handsome trading results which shows traders interests in demo trading tournaments in my opinion.
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Similar to the trailing stops we can also exit through taking out partials and closing the risks associated with our trades.
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Webinars can only be good if we implement those learning in to practical and use a demo account to clear out any confusions related to any tips provided by the industry experts.
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What are the main features of the best crypto exchange?
bluemac replied to Malenasanz's topic in Cryptocurrencies
The main features which should be emphasized more than any other factor is to see if the exchange have enough liquidity and ability to process withdrawals timely. -
Agreed with the seasonality since they matters a lot if we consider them during trading any underlying assets.
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I can't say that every broker is a market maker which trade against us however they provide us with all the required technology needed for initiating trades and make money so it is up to us to verify the broker and test them before depositing any money with them. This can be easily done downloading their demo account for testing the processes since demo accounts are given for free by the brokers.
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I believe there are many regulated and reputed brokers like hfm, xm, exness, lmfx, octa etc which can be shortlisted to find out which broker is best suited to our trading needs. The only thing is doing some research on your part before choosing the right broker in my opinion.
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I don't know what was the past for this coin in later years but now we can see this coin trading above the 100k mark and maybe reach to anothe all time high in my opinion.
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Which contests they have been running so far.. As far as i know was the demo to virtual contest.
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Almost they or any other broker in the market have competitive spreads these days because of the high competition and the brokers also have to manage their repute.
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This broker has also started offering spot crypto trading likewise which is a good start in my opinion.
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I mean that the forex brokers can add our trading success since they provides access to initiate trading however there are some other factors like risk management, how and when to exit the trades also count in earning profits from forex trading. The traders should take time learning the required skills which helps them make money and sustain the wealth earned from trading. This takes time to develop these skills in my opinion.
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I have been trading for a long while and i can say that it is really becoming hard to recommend a broker these days since many joining the industry and some leaving also. It is better to shortlist some brokers which are reputed and then do some thorough research before finalizing any broker which suits our needs.
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I think that the new traders should not risk more than 1% of their capital in start. Even the experienced traders doesn't risk more than 2 or 2.5% which is the industry standard in my opinion.
