boltushkin

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.

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.

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!

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...

Why?? its free why not to try it? You don't lose anything from this trading.

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.

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.

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.

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.

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?

Anybody knows where to get manual for linking Hotforex account to signal copying services. I heard there is something like master account I guess I have to link my account it but don't know how..

I don't trade options I rather prefer to speculate with CFD because it's cheaper, I just compared fees of Hotforex and option brokers and there is a striking difference in transaction costs. As your trading qualification rises you will notice that transaction costs start to matter.

I use MT4 currently but going to switch to MT5 as my broker Hotforex started to offer that. And I have to say this transition will bring many benefits for a trader because new platform has improvements from execution to integration of important market data like news calendar.

Thanks. By the way which payment system do you use for making withdrawals or topping up HF wallet?

Forex trading and gambling can have the same feeling if you trade without trading plan and place big trades ignoring risk. Your trading should be driven by careful calculations and planning rather than dreams and greed.

They have cent account, just use lot size equal to 0.01 or similar and pip value will be just 10 cents. It is very easy method of testing live conditions without risking too much money. Have you tried to use their no deposit 30$ bonus?

Anybody tried to withdraw profit from Hotforex to BTC wallet? How long does it take for transaction to pass through?

I tried to install a couple of indicators on my Hotforex platform but it shows an error. Do you know why it happens?

I don't know what you mean by right broker but for me main criterion are fast deposit withdrawal, smooth execution and excellent support. Hotforex offers all that features.

I don't know what you mean by right broker but for me main criterion are fast deposit withdrawal, smooth execution and excellent support. Hotforex offers all that features.

I think trader should start trading with at least 100 USD deposit if he wants to earn 10-20 bucks daily. I started with this amount with Hotforex and compound returns did your job. I quickly managed to raise account equity to sufficient levels with low risk