Wait until February, right now in December there is no life in the market, buying an action would be bad to spend the money.
I don't agree that it'll be unstable. I traded this time last year and there was nothing out of the ordinary. The only minus is that there are many days off.
Does anyone here have a vip account? It's just that I want to know more about cashback and cumulative bonus.
I doubt that anyone here has a vip account. And what exactly would you like to know about them? Hav tried contacting the support?
I didn't ask support because I believe the answer will be the same as described on the site.
Did you think about making yourself a vip account? I personally would think of other things to do with such a sum.
Yes, I understand that but possible at some time there's gonna be a discount which would help me get a vip somehow or maybe it'll get cheaper. I personally wouldn't miss such an opportunity.
I don't think they'll do such a thing. vip is created so that its owner will feel the priveleges, but if you decrease the conditions of receiving the money then vip loses it's value.
I completely agree with the above. Guys, how's your trading gone this month? Or were you resting?) I decided to trade, it turned out ok.
Well, I haven't traded for the most part. I've decided to alter my approach to trading this month. I asked a friend of mine, who trades long-term, to share a couple of forecasts. It went pretty well.
That's a cool idea. I think it's a perfect way to have a break from trading and make money at the same time=) And which time frame did you use?
I listened to some advice and opened several trades with different pairs on D1. And it was a good idea cause I had one quite big trade on H4 and it didn't go well. The price broke stop loss.
How do you even enter trades without checking everything is 100% correct? If you lost the trade because of stop loss, it means you missed something and forex doesn't forgive that. I enter trades only when I'm 100% sure abou them and doesn't happen often.
The trade was good but I wanted to get more. The price was already at the profit but I decided to make a bit more and moved it. I think that was my main mistake.
Well...You did a silly thing. This was no time for feeling greedy. I've also had similar situations. I sometimes regreted that I hadn't moved the profit but I ususally ended up with money.
Well, you can't change anything now. But you can still learn from your mistakes. Now I think twice before doing something.
It's good that you set stops. There are plenty of traders who ignore them and end up losing a lot of money. Does your strategy envisage stops or you set them yourself?
My strategy includes stops. Anyways, I try to include stops even when the strategy itself doesn't envisage them. For example, I can recast an existing strategy.
Wouldn't recasting the strategy for your needs and adding stops just make it worse? If the initial strategy doesn't include stops, it's probably for a reason. Haven't you thought about it?
The beginner's guide to FX trading