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boltushkin
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Everything posted by boltushkin
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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.
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It has retreated a lot after Trump was re-elected and now I think there is a great opportunity to buy
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Which are you favorite ones among those that you mentioned? Like HFM or LMFX which are best in you view?
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Yeah one of the useful in my view is offered by HFM they cover many aspects including trading mindset, risk management, algorithmic trading, etc.
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Gold has finally pulled back to $2,500 per troy ounce. This is a good technical level where buyers are likely to appear, at least for a short time, potentially driving the price up by $50–$100. So I think good time to buy with HFM
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Factors that are considered while choosing a broker
boltushkin replied to Gee Dee's topic in Forex Newbies
When choosing a broker, I prioritize regulation to ensure my funds are secure and trading is fair. I also value a user-friendly trading platform with necessary analytical tools and competitive spreads and fees to minimize costs. My experience with HFM has shown that responsive customer support is crucial for resolving issues quickly. -
No deposit bonus from brokers. Any suggestions?
boltushkin replied to boltushkin's topic in Forex Newbies
Yeah that's why I keep my leverage with HFM low, at 1:50, and prefer slow but steady gains over large and fast ones. This approach helps to promote discipline and avoid large swings in equity which is often seen as bad indicator of trading performance. -
No deposit bonus from brokers. Any suggestions?
boltushkin replied to boltushkin's topic in Forex Newbies
HFM used to offer no-deposit bonuses, though I’m not sure about the current situation. However, there’s little point in getting accustomed to no-deposit bonuses; if there’s no sense of loss, there’s a high risk that irresponsible trading will become ingrained, which could backfire later when trading with your own funds. -
Check also BeeksFX, they are located at LD4, basically where most brokers place their servers. Brokers like HFM offer it for free if you trade actively
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Yes, better to focus on improving your system rather than money, this is the greatest tip I learned from HFM webinars.
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Yeah lots of bucketshops and I see that your experience with trusted brokers may be useful for others. You mentioned great brokers actually I trade with them too.
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Focusing on higher time frames can provide new traders with more reliable and clearer signals, as they are less susceptible to market noise and fluctuations compared to shorter time frames. Additionally, trading on higher time frames with HFM allows traders to avoid the pitfalls of frequent trading and excessive transaction costs associated with scalping.
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Great suggestion, I think Gold will soon pullback a little bit before it will continue to rise, so I keep short-term bearish position with HFM
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Depends on your strategy. With HFM I trade swap arbitrage and this strategy needs exotic pairs.
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Check beeksfx, they are located in LD4, basically no latency with broker servers. Some brokers like HFM offer it for free
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Could you please name some of them because I'm making additional research to see if there are better options
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What do you mean brother? I see great discussion here
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Yeah, when I first opened HFM platform these pairs stayed at the top. I clearly remember this moment lol
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Maybe you should also check beeksfx which is located in LD4 and is offered for free by HFM if you meet their trading turnover requirement. Pretty fair deal in my view.
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What is the amount of money you typically invest in trading?
boltushkin replied to Nona_3's topic in Forex General Discussion
It really depends on individual risk tolerance and financial situation. Personally, trading with HFM, I stick to the rule of not risking more than 1-2% of my total trading capital on any single trade. This helps me manage risk and avoid significant losses. So, for example, if I have a $10,000 account, I’d risk about $100 to $200 per trade. It’s all about staying comfortable with your risk and protecting your capital. -
Have you considered beeksfx? HFM offers them for free if you meet their turnover requirement
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A forex trading platform like MT4 or MT5 offered by HFM, Exness or other broker is a trading app that allows traders to buy and sell currencies in the foreign exchange market. It provides tools for charting, market analysis, and trade execution, along with access to real-time price data. They offer features such as technical indicators, automated trading, and risk management options to help traders make informed decisions.
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No deposit bonus from brokers. Any suggestions?
boltushkin replied to boltushkin's topic in Forex Newbies
I do not mind if the broker does not provide any bonuses because I look for good trading conditions and reliability, like at HFM The commission cost is lower at $4 per lot, with spreads starting at 0 pips, and since it is regulated by FCA, they adhere to strict capital requirements, so there is no room to worry about the money. -
Markets go up by stairs and down by elevator. That's why I love to catch shorting opportunities, made a lot of money shorting BTC with HFM in its recent slump.
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To control your fear you have to spend enough time on learning and practicing with a demo account. You have fear because you do not have enough confidence about your trading skills and you should invest more time into your trading education especially learn market functioning