boltushkin

My best advice to forex newbie is to ensure protection from losses first and then think about profit. Rookie traders lose their money because they can't control their emotions and sustain through losing periods what is really psychologically challenging.

Anybody tried swap arbitrage on exotic pairs with high rate differentials like USDRUB? Hotforex and Tickmill offer nice spreads on short and longs with net position giving positive margin? Is it feasible to make money like that?

Can I test this service on demo account first?

Hi guys, Anybody used paypal as funding/ withdrawal choice? Is it safe and cheap to use it in forex business? Will much appreciate your opinions or thoughts.

Please share your experience trading BTC with this broker? Do they allow short positions without coverage what is available leverage for such type of trading? How good are your trading results?

Do you trade BTCUSD with Hotforex? How is your progress with that?

The higher risk the more is reward but difficulty handling such trading is rising as well. I think we need to focus on eliminating risk first and then calculating potential profit. At least this is my trading strategy at Hotforex

What is your forecast for bitcoin price next week? Will it continue to decrease or stage a rebound?

How can I withdraw earned bitcoins from your platform? Or your bitcoin contracts are cash-settled?

Don't take profit manually leave it to your strategy settings or trading setup. Manual trading always drives you to one of extremes - greed or fear, how prepared you wouldn't be.

Yeah time to open long positions on bitcoin with Hotforex, thankfully it offers an opportunity to trade BTC with limited systemic risk, such as exchange crashes or regulation problems

I use 1:100 leverage with Hotforex and strongly don't recommend to use more than that. Volatility in forex can make impossible profitable trading, because price will often hit stop loss which is really hard to manage emotionally as well as technically

I trade bitcoins with Hotforex, I don't hold them physically because its too risky, but speculating on its price is safe and more rewarding because you are allowed to use leverage.

Agree errors are our best teachers there is no unique successful trading experience we can copy, every traders make different mistakes and breaking them down, understanding our weakness and strong sides we increase our chances for trading success.

You can benefit indefinitely from forex trading we all lose in the long run but there are some tricks I learned trading with Hotforex that you can make short-term periods winning, shifting losses to far future. But you have to learn and apply money management skills which is requires patience and extremely hard work.

Yeah that's true however I wonder will the launch btc deposits or withdrawals soon?

Its astounding it just doesn't see any limits. I wonder when this bubble will burst, people are blind buying into simple on retrospective growth expecting it rally with same strength...

I'm afraid not, those prizes is to reward most successful traders to show luxury life and motivate others. I think hard working, patient and talented traders should be rewarded in the style of how Hotforex arranged it.

I always use stop loss in your trading because trading without stop loss is like riding car without brakes, sooner or later you will hit a tree or wall ending with nothing. Putting fixed stop loss when opening a trade with Hotforex I then prefer to switch to trailing stops and keep profitable trade running rather than fix profit quickly.

I scalp mostly during start of asian session, liquidity is weak and price mostly oscillates on major rather than moving in a trend. I use Hotforex zero spread account to offset rising spreads during this time by commission and cut my trading costs.

Hey guys, can you advice me any good indicators to use on my Hotforex platform?

Can I know how long webinar lasts?

Hey guys, What skills do you find most essential to survive in trading? Knowledge or patience? Or knowledge of choosing right broker?

I take forex trading as a hobby because I have full-time work which I can't quit cuz I need to support my family, while there is no confidence I will able to make off living with earnings from forex. I think most of us in same situation.

Yeah I also use this card for withdrawals, IMO its processed faster than using combo Skrill+card and you are paying less to get your money on hand, so its much more convenient option for me. Thanks Hotforex!