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No, why, man. Stop loss is used not for gambling on the price fluctuations. It's just a risk management tool used by traders, one can be fully convinced that the position will work out because the analysis has helped him. It's just a measure to confine deposit drain. And that is it. If using...

I would go for the STP broker, because order execution is not a trouble anymore while you cooperate with such a company. ECN brokers usually don't have spreads, and they have commissions for trading, whether per lot one-sided or round-turn ones. I am not the adherent of commissions and prefer...

Do you use any indicators? They help me a lot on identifyig the exit points.

I ain't even surprised that BlackRock is embroiled in BTC surges. The company has been an object of conspiracy theories for kinda long time. Today BTC shows some interesting things, but I don't think it may continue rising high. There must be a pullback soon. But if guys will continue pushing...

As far as I know, there's nothing bad in relying on intuition, but I suppose that there must be a mingle of intuition and analysis. If you suppose that the price this particular moment go up and there'll be a solid uptrend, then check out some macroeconomic data and check indicators. If the...

I really like this indicator and spend so much time testing to find what setting is the most appropriate for my trading style. The beauty of the Moving Averages is that they are simple to use, they don’t overwhelm the chart, and you can build an entire trading strategy based on one or a few...

I would gladly test out your flying method but I rarely have lucid dreaming, I don’t know why. However, I remember flying in my dreams once and the feeling was quite amazing to be honest. Never happened to me since:(

It is impossible to mention all the difficulties which a newbie faces durin their first days in trading. Trading is a sort of environment where everything is new and unusual. The first challenge that I had to overcome is to master the trading platform itself. Surely, I could understand how to...

Such an addiction is not connected to forex trading itself, it is just the desire to get your revenge on the market which will definetely destroy your trading budget. Trading can be an addiction if you treat it like a gambling, however, if you are a sober trader, you are likely to treat trading...

Tiktok is just a social media, so all of the people can use it and influence other people as well. Youtube users can do it as well, so there is no surprise for me that. THere always be some scammers which are connected to the forex market and they will use all of the resources available to them...

To begin with, forex is not a platform, it is just a market and I have no idea how it is possible to say whether this or that market is good or bad. It just exists and if you know how to gain profits out of it, then go ahead and do it. As simple as that. Secondly, I wouldn't say that everyone is...

It depends on your purposes. If you want to learn trading, demo account will be of no help for you, unfortunately. There are many aspects which a trader can experience only during trading real money and one of them is psychology. I don't know how about you, but I am always indifferent when I...

Trends can indeed be different over time - and this needs to be analysed and studied separately. This is best understood when you look at data on long term timeframes, so if you really want to get a handle on it, you can look at different asset groups and explore this issue more actively. Also...

It's both risky and can be profitable actually. Of course trading activity implies risks and profits, however as for hyperinflation these risks are very high. The national currency is getting weak gradually and it leads to hyperinflation. Actually, when a country faces such times, when there is...

There is an opportunity to use artificial intelligence for trading activity, however I always doubt in its efficiency. Moreover, you will blame yourself if artificial intelligence will make serious mistakes which you wouln't ever made. So, that's why I can't state that I am able to trust...

New times dictate new conditions, so it's really normal and it's advisable not always to focus on some common framework and patterns and pay attention to some non-standard things. But it's also necessary to approach such moments wisely, because each asset has its own specifics, which require...

When trading on the market, you need to know at least about the basics of risk management, but it is better to understand it professionally, because the main attribute of any deals made in the financial markets is risk. Without competent, professional management, without risk management in such...

Hmm, and I have always been sure that tradingview is suitable only for market analysis and it cannot be used for active trading. In fact, I've been using this resource for a long time and I think it's a really useful solution for modern traders who want to develop and want to learn the latest...

I am surprised by the fact that for many people trading becomes such a conscious and promising business that allows them to implement serious business projects. Recently I have been mostly confronted with the opinion that trading is a tool for quick earning, a game for good luck, entertainment...

It seems to me that each of us has different requirements for the brokerage company we choose. Because it depends a lot on what direction you choose to work in the market, what strategies you use to analyze and study the market, how much you expect, etc. But I know some requirements that will be...