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aimhi
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Everything posted by aimhi
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Anyone with Milisecond or Nanosecond charts?
aimhi replied to pipsaholic's topic in Brokers and Data Feeds
I wonder how we can use these timeframes lower than the one minute yet they might be helpful for high frequency trading bots. -
Prizes won are kinda satisfaction and acknowledgement for the success achieved among the other contestants in my opinion.
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Crypto industry is just taking the entire industry after the all time higher highs made by the bitcoin and its making everyone crazy to buy and hold since many predicting it will make another higher high sooner. However, it is trading and it may move in the other direction for correction. Lets see how it goes.
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That coin seem to be tanked along with the BTC and all other coins. This is the market and many traders have made money while some also lost in this marketplace.
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In my opinion, every setup / theory works provided we spend time with those principles and stick with them to learn any relevancy with the markets using strict risk management we can make money from trading.
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I noticed that these decentralised crypto market exchanges are making many new traders/investors rich over the night with even some newly launched coins pumping with no reason.
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When its come to forex trading, i think that the US Dollar will always be the king and dominate the trading industry because it is the highly acceptable and a reserve currency for most of the countries till date.
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Most traders take risks during the high volatility however some wait for the storm to be over before taking their trades. Also, some broker allows news trading and some does not.
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Are you an expert when you win, a beginner if you lose?
aimhi replied to jason.lee's topic in Beginners Forum
Backtesting is important and we also have to forward test our strategies before implementing them to real accounts in my opinion.- 9 replies
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- psychology
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The house has more winning probability than an ordinary person while these ordinary persons are only betting against the house with a false hope to eventually beat it one day which actually never happens.
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Already made a new all times higher after halving and let see what it will be doing next.
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When we execute any trade, we have to pay commissions or spreads that impact our trading by leaving the profits in negative initially.
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I also can't see that either, maybe a repost can help viewing that image again..
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Myfxbook can also be a good source of showcasing traders' skills and performance over the time in my opinion.
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Metatrader Broker for Trade Future and Index ?
aimhi replied to dowjonestrader's topic in E-mini Futures
I guess there are some reputed brokers like HFM, octa, xm, exness, lmfx etc which can be shortlisted to finalize the right trading broker for our trading journey yet i strongly recommend doing some of your own research while choosing the right trading partner. -
There are a lot of trading strategies like elliot waves, wyckoff etc so we need to apply those who best suited to our need and are understandable too.
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Scalping can be good during the high volatile markets however the new traders should be careful while entering and exiting the markets too quickly since they can make losses as well. If the broker support news trading we can make most out of the scalping in my opinion.
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In my opinion these candlestick charts are more easier to understand as compared with the other charts.
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I guess US has fund managers and investment banking institutions looking after the portfolios on behalf of their clients.
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There are many resources related to forex trading available on forums like babypips and forexfactory etc.
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How do I interpret candle stick chart in stock market?
aimhi replied to nameeta26's topic in General Trading
Candle stick pattern is one of the easiest charting patterns available to learn and make money. However, new traders never learn about the skills needed for earning money but they rush for making money and eventually lose their money. -
Thanks for sharing, also have a demo for backtesting and refining any current or new strategy before implementing on the live accounts.
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Are you an expert when you win, a beginner if you lose?
aimhi replied to jason.lee's topic in Beginners Forum
Traders should get their hands on journaling in order to review them for improvements and learning from their mistakes.- 9 replies
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Nowadays, it is really becoming hard recommending any broker since there are many new players joining this industry while many somehow winding up as well. So, it is good to check broker's reputation and number of years in service before opening live account with them. I guess HFM has a good past reputation in my opinion.
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Candlestick patterns are easier to understand than any other charts in my opinion.