Recent content by IamaMars

The irony from looking through their website is that the bigger accounts have higher leverages. I think what the broker is doing here is protecting the less experienced traders from using the more risky leverage options. Only a professional trader will opt for an account of a minimum of...

Yes, stay away from it I admire those people who can go to sleep with open positions, especially on Gold. I would wake up like hundred times during the night to check how it is going Yup, it is not for me, but I know people leave open positions on gold even for weeks. If you want to survive...

Hard to disagree. However, they are not doing that just because they know what risk is, but the broker and its parent company are also regulated by various financial authorities, so they are also following the rules as well

Never heard about it tbh. From what I see it’s an average broker that has nothing special to offer to our fellow traders. But you need to have experience with the company to claim with certainty.

I do believe in God, but I don’t trust any religion. I don’t doubt that God exists. For me it’s a super computer, super intelligence. It’s not a biological creature anyhow. I guess it has more in common with radio waves and fireballs than living cells. God is the most skilled engineer ever. He...

As far as I concerned there are plenty of online courses which can help you to sort out with your psychology, nevertheless I was always convinced that nothing would help you without your personal desire. You know, that psychology is such a thing which is in our mind. If we will learn how to sort...

Why not? It is difficult for modern companies to surprise us with anything, and of course they must go to a new level in order to attract attention (including investors) and go to some new levels. In fact, it really matters because the economic demands have become much higher and you need to...

Surely, first of all, I do backtesting of the new trading strategy. It is a very important step which may tell you a lot about your new decision-making procedure. The next step for me is to test the strategy with small sums and further modification of a strategy. That is the most creative and...

Such moments are usual for every activity and the methods of dealing with them are quite universal. The only way out of such a situation is a thorough analysis of your trading strategy and decomposing it into many simple steps in order to track down the concrete moment which spoils everything...

There are actually lots of different reources which are free of charge. The first website which comes to my mind is babypips.com. There you can find lots of usefulinformation in their educational section. The whole forex market is explained there in plain English, so you will definetely...

Emotions are never helpful for making sober and sensible decisions. Fear and greed are the most dangerous factors which will blow your budget. I have no idea how fear can improve your trading results, but I can explain how they can lead to the numerous failures. Greed is a very common feeling...

I feel that you shouldn't worry about affecting the price of a stock by investing $10k. Stock market is still enormous and 10 000 is not really much for any company which is presented on the stock market. It is hard to tell about the right position of the investment in a low-cap company because...

The decrease in volatility always happens and the majority of experienced traders got used to it. It is a common practice when traders make some sort of vacations to recharge their batteries before the next 'season' of high volatility. Perhaps, that is the best time to take a rest or to get rid...

I've noticed :) Nevertheless, I appreciate the Butterfly advice. Wealthfront had a great 529 plan - exactly what I needed! I carefully investigated what they offer and they gave me a hint that college saving accounts allow saving on taxes. Pity but you've got to have the US SSN to apply. I've...

Thank you for all the good wishes! :) I understand all the concerns and there really is a lot of scam in the sphere, so I really appreciate what you and other members do by pointing out the potential red flags! If I'm not mistaken, the legitimacy of the Cyprus-based company can easily be...