boltushkin

I combine manual trading—focusing on medium-term trades based on fundamental analysis where speed isn’t critical—with automated trading, which is ideal for news-driven and scalping strategies. For the latter, I use HFM's fixed spread account to minimize the impact of spread widening on trade outcomes.

Yes, it reminds me of poker, where the goal is to craft a narrative that leads your opponent to believe a certain story, only to capitalize on their false assumptions and the decisions they make based on those beliefs.

Yeah sticking to the trading plan is the most important rule in trading. When you break it everything slowly gets out of control as trading mistakes tend to accumulate if you don't control yourself.

100K handle looks like a foothold which would be extremely difficult to secure in the medium-term. We haven't seen meaningful correction after market reached 100K I guess the time will come for 25% correction or more before market can consider reaching new highs.

Yeah and we have to choose our partners carefully, paying attention to regulation i.e. licenses they possess, withdrawal and top-up options and probably most important to execution quality because it impacts profits profoundly. After thorough research I set my choice on HFM

Yeah I also started from 1:500 with HFM and gradually reduced it to 1:50 since my account balance grew and I could use more my own margin instead of borrowings. Another advantage of reduced risk is decreased costs from swaps because you borrow less.

Well, instead of giving my money to some shady unknown bucketshops I would rather choose to have business with trusted trading venues like HFM, because they passed test by time maintaining same high quality of trading services despite expanding trading community which trades with them.

I think robot is good for trading if you want to stay long in the market. For scalping you have to find your trading edge. By then you have to pick which trading technique is best for you. Consistent with say for scalping you should be solid mentally. Scalping is for master individuals. Be that as it may, lamentably tenderfoot trade love it progressively and washed away their account. I like scalping to an uncommon degree well. So I do it. Tight spreads and quick execution with brokers like HFM are basic for scalping.

Manual trading gives you full control, while EAs can feel like "set it and forget it" — but it's rarely that simple. Most EAs are based on technical indicators, and if market conditions change (like during high volatility), they can make poor decisions if left unchecked. That’s why even with a profitable EA, I regularly monitor my positions at HFM. It’s also true that if you’re not a coder, tweaking an EA can be tricky.

Great suggestion! Is it the only broker that you tried? What about HFM or other similar reputable brokers?

What leverage did you choose trading with this broker? Struggling to determine which is best for me

Yes, there are many opportunities, especially related to trading in the currency markets. Brokers like HFM offer very affordable and well-tuned access to financial markets. You can even start with a demo account without risking anything, and there is also an opportunity to earn if you participate in their demo tournament.

I think it is incorrect to talk about the single biggest mistake in trading; usually, losses are caused by a chain of wrong decisions or actions that do not seem particularly critical. Starting from an inadequate level of working capital and ending with the wrong choice of timeframe for analysis. However, probably the quickest way to wipe out an account is by using high leverage and trading without a stop-loss.

I would rather choose safety over excessive profits and continue to trade currency CFDs with HFM, so sorry

Have you considered beeksfx? Some brokers like HFM provide them for free if you are active trader with moderate volume and meet their volume turnover requirement. Seems a pretty fair deal for me.