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  1. K

    Scalping is Risky?

    If your stop loss is small then it's clearly low risk strategies. However during high volatility large streak of losses can be really painful experience.
  2. K

    Hitting the roof as trader

    Clearly you have to look for more complicated stuff. I see this as criteria for working strategies. Obviously as retail trader you are disadvantaged because of speed, access to proper data, etc. it means you have to be double smart and get your feet in unexpected areas
  3. K

    Forex is a good platform

    Markets are getting more efficient because hunt for price inefficiencies is gaining momentum as more and more firms are getting involved in trading. Clearly basic approaches won't work anymore.
  4. K

    Can you choose what leverage to use before each trade?

    Well you can choose max leverage and then adjust lot size to reflect preferable risk per position. Or am I missing something?
  5. K

    Scalping - no trend days

    I guess they come random and are equal however I simply try to take rest and try something new, spend more time on education.
  6. K

    Which is best forex trading platform for scalping?

    The one that's worth to try in my view is Hotforex since it offers wide range of instruments and very low spreads on major pairs which is ideal for scalping and news trading.
  7. K

    What is that one thing that has been a game changer for you?

    Learning programming languages and starting to write my own bots. Speed is always an edge.
  8. K

    Best strategy for a new person.

    Buy on pullbacks when there is high volatility with short profit targets and short stops, this often happens after new information hits the market. Avoid trading during times when the market is in equilibrium i.e. all major information is priced in.
  9. K

    Can you avoid broker’s fees?

    One way to cut losses is to make investment-style trades. Focus on trades that have high expected returns and longer horizon on investments. You will also have more time for analysis as well which should be plus
  10. K

    Can you avoid broker’s fees?

    It is impossible to avoid broker fees because it's their business. However you may choose particular type of trading account like zero spread which is better for scalping.
  11. K

    Is it better to avoid Exotic currency pairs? Why?

    Exotic pairs are better for medium-term trading they are more predictable if you have good grasp on idiosyncratic factors that affect them
  12. K

    Where wil nzdcad go?

    This is medium-term argument so use correct position size as well as stop loss and take profit targets if you want to bet on that
  13. K

    The best forex economic calendar.

    They all get news info from Reuters including forecasts so basically there is no difference between FF calendar or Daily FX. Personally I prefer to use in-built calendar in Hotforex MT5 platform.
  14. K

    Scalping is Risky?

    Market uncertainty is proportional to the time of investment, from this point of view scalping carries less risk. Also, managing a series of small losses are easier to manage than a couple of large drawdowns. This is especially true for rookie traders.
  15. K

    The Risk of Rising Inflation.

    Spurring inflation is tougher than dampening due to this asymmetry increased government spending carries less risk than refusing to smooth economic shocks which would have much more detrimental impact on economic activity. It's all about this simple tradeoff
  16. K

    Very low spread FOREX broker

    I have zero spreads on major pairs like EURUSD at Hotforex and Tickmill however for other pairs spreads can be higher, also don't forget about commission.
  17. K

    Is it better to avoid Exotic currency pairs? Why?

    I trade USDRUB but don't use leverage. Simply wait for some shock hitting the currency then take long position and carry traders will do the rest.
  18. K

    BTC $500k, ETH $42k, ChainLink $1,400

    It's very sophisticated Ponzi scheme but well what isn't Ponzi scheme? Fiat money or stock market? Crypto is the space of redistribution of wealth but well if it works, why not? Take it just a space of competition, beauty contest as Keynes said.
  19. K

    CADJPY Possible Sell

    Do you think these pieces of fundamental data will cause so large shift in expectations? I doubt so however hold same view on CADJPY (should be weaker short-term)
  20. K

    what is hedging?

    Hedging means entering in a position to mitigate risk from some other positions. Like if you will need dollars in 3 months you can lock exchange rate by entering into a futures contract. However you will lose opportunity to benefit from a favourable exchange rate move.
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