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  1. Rocksinger

    Stock trading is pure gambling, enjoy!

    I can't state that stock trading somehow refers to gamble, lol. I wonder why you decided to separate this asset among others, while the mechanism is pretty much the same. The whole market is under strict influence of news and various events, so not only are stock impacted, but other assets such...
  2. Rocksinger

    What’s the need for alt coins?

    I had this question a few years ago when I started exploring more about the crypto world. It was not clear to me why there are hundreds if not thousands of alt-coins and who would want to trade them when we all know that there are only a few popular ones that are worth trading. But that’s the...
  3. Rocksinger

    Sharing my notes from a millionaire fx group.

    Brilliant, thank you for sharing this piece! It is quite a long read, and I am sure a huge chunk of it is a basic material, judging by the first pages. But obviously learning how to trade FX properly is a long journey too. I will turn this into my daily reading piece before I go to bed and...
  4. Rocksinger

    Is 2023 where crypto will go to die?

    I think that cryptocurrencies already have made themselves a solid place in the realm of financial transactions, securing data, fundraising, DAO's and other structures. I would not want to comment on the future prices of cryptocurrencies, they can go up or down not because more or less people...
  5. Rocksinger

    List of personal rules for trading that makes U successful

    Every trader has its own personal list of rules and they're considered to be unique, because all traders as well as all people in the world are unique libing beings. I have some rules which I try to comply with. The major one is to think twice before opening a position. It's a golden rule and I...
  6. Rocksinger

    El Salvador Plans $1B in Tokenized Bitcoin Bonds and Tax-Free ‘Bitcoin City’

    It seems to me that this is really not the most reasonable approach, it can definitely lead to total money laundering, after all, the fact that all this is without any control is not the most promising solution, it seems to me that for the most part taxation and other things should depend on the...
  7. Rocksinger

    Is it better to avoid Exotic currency pairs? Why?

    You'd better avoid trading exotic pairs if don't have rich trading experience behind your back and if you don't know anything about the economy of the countries which these currencies represent. The major obstacle, from my perspective, is low liquidity. What does it mean for traders? Well...
  8. Rocksinger

    Trade.com DMA trading

    That’s a great approach. But DMA can give you faster response, immediate executions and favorable environment to use scalping or any other high-frequency approaches. As a result, you can get out of the dependency from the fundamental reports. So it's not necessarily a long-term investment.
  9. Rocksinger

    Trade.com DMA trading

    It's all ok unless you plan to trade using a mobile LOL Well, I'm not a fan of web-based platfroms personally, but in general I understand that there are many traders in this word that don't want to trade with a kind of a spacecraft panel which is pretty much what TWS and SC look like (and work...
  10. Rocksinger

    Trade.com DMA trading

    lol And what are you gonna find out? DMA is a completely different story. Are you even sure you need the DMA?
  11. Rocksinger

    Trade.com DMA trading

    Wise decision. good luck with your trading! I guess the desire to minimize the trading costs often leads people astray. Good executions also relate to minimizing the costs and this is the point that traders often miss.
  12. Rocksinger

    Trade.com DMA trading

    Looks like you know the conditions and they suit you well. The broker is regulated and you've found a person that says the broker is rather pleasant to deal with. What other opinions do you plan to collect before you fund the account? Maybe its none of my business but man, sometimes you just...
  13. Rocksinger

    Trade.com DMA trading

    Ahaha, I guess in case a person looks for DMA account, he is much more interested in the quality of executions rather than how fast you can get through to support team.
  14. Rocksinger

    Traders...how did you do in 2020? I crushed it after two blown out accounts!

    In this year it was good to trade in forex in the early parts of it. As the year progressed and then the epindemic hit and it was very clear that there was no room for forex trading for smart people. Even with what was going on some people were invited too forex trading by ads and they decided...
  15. Rocksinger

    What would be easier to ban for the US Government, Bitcoin or Gold

    Well, if they ban Bitcoin, that would be a really big deal. Because despite the fact that today there are already many cryptocurrencies, this asset remains the strongest and most promising. And if people are deprived of access to it today - that will lead to a lot of excitement. And I agree that...
  16. Rocksinger

    How to risk more money? Problems with risking more

    The maximum amount that a trader can risk in one deal without compromising his long-term prospects is 2% of his deposit. We are talking now about long-term profitable trading. Most amateurs have small accounts and the 2% rule breaks the dream of big profits. Most successful professionals, on the...
  17. Rocksinger

    Does it ever make sense to have a risk-to-reward ratio of 2:1?

    Still, I think that you should work with only minimal risks and even when you think that the market is perfect today, I still stick to these things, because I think that this is the opportunity to save your money and avoid significant stress, which is inevitable when you try to earn all the...
  18. Rocksinger

    Drug dealer loses $60 million in Bitcoin when landlord unwittingly tosses codes

    Ahahahah, a situation worthy of some good movie. How could this even happen???
  19. Rocksinger

    Introduction

    Welcome to the family of those who love trading, you will love it here, you can always get support and good advice, don't even doubt it. And good luck in your decision!
  20. Rocksinger

    Sleeping giant awakens? Downside risks for euro grow

    Well, Brexit just passed, everybody needs to wake up...
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