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On this minute chart, if we bought after the price crossed the lower band, would we get a stop loss??

In trading, I always try to move trades to breakeven when there are conditions for this from my trading strategy. Then I just pull up this breakeven and do not worry that I will get a loss or zero on the trade. This works very well in trend trading. I do not trade rollbacks, but wait for them to...

I do not set a plan for daily earnings. I trade when there are signals from my trading strategy. At the same time, when a trader has received a loss instead of the planned amount of profit, in order to achieve the planned daily result for profit, he will try to quickly cover it by any means...

And what is the quality of such an indicator in real trading mode, and not on the chart history? That is, do its indicators not repaint in online trading mode?

I trade when my strategy gives signals to enter the market. And they can appear at any time. Therefore, I wait until such a signal is formed and all the conditions for making a deal come true. I also always monitor the time of publication of important news from the economic calendar and the...

To be successful in Forex, you also need a profitable strategy. Beginners often make the mistake of thinking that if they quickly find a trading strategy they like on the Internet, they will immediately start earning. But as practice shows, such a strategy will have to be created for a long time...

Many traders are not yet psychologically prepared. They are driven by emotions, they do not know how to wait, they are gambling, they get euphoric after several successful trades, which leads to incorrect and thoughtless actions and bad consequences for their deposits in the end.

I think that most traders are like that. No one can make 100% profitable trades. There will always be losses that are part of trading. The main thing here is that the profit covers the losses for some period of trading, then such trading will ultimately be profitable.

The size of spreads is very important when you are doing intraday trading or scalping, making quick deals for a small number of points. I liked the conditions of the broker FXOpen, which has very small spreads for this type of trading (for example, for EURUSD the spread is 0.01-0.02), and there...

Also, the size of the leverage depends on the size of the deposit. That is, when the deposit is impressive, the trader will never trade without risk control, and even a small percentage of profit in monetary terms will be quite noticeable. Therefore, there is no point in overestimating the risks...

Yes, for successful trading you need to be able to do a lot of things and learn a lot. And first of all, it is technical and fundamental analysis, as well as discipline, endurance, being consistent and not being greedy about this process. And meditation alone cannot provide this).

The main reason for failures in trading, in my opinion, is the desire to get rich quickly, with minimal financial and mental investment. Such gambling addicts want to quickly hit the jackpot, but constantly lose like casino players and lose everything.

I think that few people believe Trump's words anymore. All his words are pure populism to promote his election campaign. And Bitcoin, I see, responded to this news by falling, and not by a sharp upward impulse, which indicates the reluctance of large investors to immediately buy this...

Scalping requires a quick reaction in transactions and the ability to quickly analyze the market. It also requires constant monitoring of the situation, unlike medium-term trading. Therefore, there are also negative aspects of such trading, when constant presence in the market and frequent...

It depends on what kind of traders we are talking about. That is, if a trader earns, then he is unlikely to be alone with his money. And if he loses his money and continues to do so, then the family may leave such a gambling addict).

Meditation does not help me. Only high-quality analysis and risk control can help in trading. But just relaxing and gradually losing your deposit in such a relaxed state without the necessary experience is a road to nowhere).

Scalping, when used correctly, brings quick money. In any case, it is worth considering that scalping is more suitable for experienced traders as it requires strict discipline and market knowledge (trading experience). When you have more free time, when you have experience in market analysis...

Bitcoin is very interesting to watch, to be honest. I also think that it has a chance to grow to 100,000, now the only question is when will it happen? Now we see that 70,000 is not a barrier.

To what level do you think it can break to the upside?

I think it's too safe. If you want to trade conservatively, then it is better to use a leverage of 1:30. If you need to trade with moderate risks, then you can use a leverage of 1:100