fxeconomist

My favorite trick is to achieve first a streak of bad trades on demo account and then place the trade on live account which has a higher chances to be profitable since markets often exhibit mean-reversion property. So if 4-5 trades on trend reversal were bad, chances rise that the next trade will be in profit.

Very good, can you make similar analysis for some forex pairs, i.e. point some S/R areas. Looking for gold analysis to make a trade on Hotforex

Is this offer still available for new clients? I see credit bonus offer though.

Nice, how I can try trial version of this stuff on my Hotforex platform?

Can you please explain how I should ATR in trading?

You can not beat market volatility but you can reduce impact from it by setting stop loss which should be a function of volatility level. Best approach in my view which I utilize trading with Hotforex

Can you enlighten us which money management rules can increase our odds in trading? Apart from playing with lot size I don't know any...

Absolutely, trading can start small and grow over time. Many successful traders begin with a modest capital and gradually build their accounts through careful risk management and strategic trading. Starting small allows you to gain experience, learn from mistakes, and refine your strategies without risking significant amounts. As your skills improve and your account grows, you can increase your position sizes and potentially achieve larger profits.

While Elliott Wave Theory can provide a framework for analyzing market trends, it has its limitations that traders should be aware of. One reason some traders find Elliott Waves less useful is the subjectivity involved in identifying wave patterns, leading to varying interpretations. Additionally, market behavior doesn't always conform to the theory's expectations, making it challenging to consistently apply in real-time trading.

In my view, penny stocks has the greatest upside potential, especially since market manipulations become more and more common. I also like to trade currencies with HFM because their near-term price fluctuations can be explained by changes in central bank policy

Thanks for your advice will take a look at Hotforex webinars, they offer lots of educational videos.

At least it should help you to decide what to do with the assets you hold your wealth in - should you sell them or keep them expecting them to appreciate in value.

EURUSD apparently lost bullish momentum and the rally towards 1.15 is delayed, now it is going to test 1.10 to be able to establish new leg of the rally. Insert other media

I also like to trade retracement levels with Hotforex I mainly use Fibonacci numbers to determine reversal points.

I really like Hotforex MT5 platform because it has various tools for analysis and charting. Also trades are done very fast and I think this is related to some upgrades in code in MT5 compared to older one MT4 platform.

Yes withhout them trading turns into gambling. Basically it is the key criteria of gambling - inability to cut loss.

To overcome consistent losses in forex trading, it's crucial to reassess your trading strategy for any flaws or weaknesses and make necessary adjustments. Additionally, prioritize effective risk management by controlling your position sizes and setting appropriate stop-loss levels to minimize potential losses.

I trade Vyckoff with HFM there is special indicator in their free autochartist tool for that.

Agree that's why I switched to HFM and trade only CFDs, other scam is enough.

Does Hotforex support crypto??

I rather prefer to conduct swing trading on BTC and ETH pairs using Hotforex CFD contracts, cheap and safe...

How to get this daily analysis on my email or maybe you have telegram channel?

I divide action and analysis time I spend in trading in about 1:4 proportion but it all depends on your trading style for investment type of strategies you may spend 2-3 weeks for analysis and 20 minutes for action lol

Yeah I started with just 10 USD on Hotforex and gradually increased my capital with additional investments also I used compounding to bring my equity faster to a comfortable level where I can set moderate profit targets and risk constraints.

I regard trading as only part-time occupation and additional possible source of income as professional trading requires good expertise and full-time dedication, but I love my profession (I'm a gardener)