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boltushkin
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Everything posted by boltushkin
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you can try Hotforex or Tickmill, they are best two brokers I've ever tried. They've never let me down.
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Anybody has experience with Hotforex? How fast do they execute trades and process withdrawals? Any advantage compared to other brokers?
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I always read market analysis from Hotforex analyst before I start my trading day, it helps me to shape my overall strategy for the day, choose between risk-off and risk-on directions.
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Best currency pair is of course EURUSD because of high liquidity even at night and low spreads, very good scalping on it.
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I use LMFX and Hotforex very good brokers, low fees and stable spreads. I was pleasured to see how stable have been gold spreads on their platform recently. Despite volatility and lack of physical gold supplies on exchanges, paper gold trading with these two brokers was awesome.
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I tried Tickmill, IB and Hotforex, I think it was great experiences because we learn from comparisons it is exactly this case
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Yeah and the beauty of trading is that it requires just 2-3 hours daily training to become profitable in 6 - 12 months. I've personally tested this claim with Hotforex and it really works.
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I want to start trading using this broker. I see that they offer fixed spread and Zulutrade accounts, have anybody tested them?
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I started trading with $1000 using Hotforex, I don't recommend to start with lower amount because it is a waste of time. We come here to make money if you have patience, some skill and reaction and can have control over your emotions (take emotionally hard decisions in trading is essential skill) then you can make money quickly, although not extremely high. The point is you have to determine when you quit before you start trading or you will lose.
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Probably it is Hotforex, didn't see in their agreement that they restrict some trading strategy. I think broker should not care about our strategies because he is only a mediator that makes money from spreads.
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Yes it is global market that's why we have to use brokers that offer trading assets not limited to currency pairs, gold and oil. For example I trade metals and sugar CFD with Hotforex and you know, commodity prices are quite sensitive to changes in supply and demand which are easier to analyse than supply and demand of national currencies where many more factors come into play.
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
FxStat from Hotforex has a lot of signal providers with decent performance, splitting money between them will greatly reduce risks while maintaining high return. -
Yeah, and even better solution is to automate trading decisions so you spend less time watching on price fluctuations which make you emotionally unstable.
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Agree, trader has to be quite a versatile person which has to know about everything and can "read between the lines" -
What's your view on EURUSD ahead of NFP? By the way bitcoin top up and withdrawal work like a charm, perfect!
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Which broker are you trading with? I see you are located in US probably it's a problem for you to use services of offshore brokers...
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Why?? its free why not to try it? You don't lose anything from this trading.
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Yeah that's why I advice many traders to focus on specific pairs where trading shows best results. For example I trade only USDJPY with Hotforex and rarely use other trading pairs.
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Yes it is crucial to find broker that suits your trading style and can supply you with all tools you need for trading. My scalping style and trading needs required account with zero spread and I found Hotforex which offers zero spread. Since my strategy is spread sensitive I could make money only with them, with other brokers my strategy failed.
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Sometimes it is worth to trust this to professionals, you know there is a lot of noise in various opinions, if you don't know how to separate wheat from chaff, you can't make proper decisions based on the information. -
Yes correct but we can narrow this definition to identifying possible negative outcomes and reducing their impact on our trading results. For retail investors part and parcel of risk management is using Stop Loss and knowing its size before we enter into a trade. It is sometimes very tempting to trade without stop loss I think it is a pitfall that stems from inability to accept losses.
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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 Hotforex in its recent slump.
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Well yeah their support is helpful enough, but I just get used to ask for help on forums because others experience seems to be better solution for me. Regarding signal services well, I think we have to try to trust professionals what I try to do currently. -
Ok I see your point. But what about Tickmill have you tried to trade with them?