Wait, I didn't quite understand you, so even though you set the stop-loss, your deal went down anyway and you lost more than planned? If that's the case, then the problem is not with the weekend and not with you, the problem is with your broker who ...

learned a very valuable lesson today

It is even hard to imagine that the year 2020 has just begun, because the market is now simply overloaded with events that are related to each other and have a huge impact on the global economy. While some companies suffer colossal losses, others ...

Corona-virus, Election Year, ~$10 Million Move, & Zero Sum

Of course I have seen successful traders, and a lot, but the main thing here is how to evaluate the success itself. Because for me personally it was a success that I was able to learn how to build regularities in the market and how to determine the ...

has anyone EVER seen a successful trader/trading system?

There can be many reasons for failure and, frankly speaking, it can be difficult to make any recommendations on a single schedule or on a particular situation, because it does not reflect the whole reality. And then I saw a lot of assumptions about ...

Mastering Trade Management / Stop hunters

That's a very good question. Because every trader who devotes time to the market plus has some other job or business can say that he does not have much free time. I also try to spend time with my family and close friends, doing sports, etc. But when ...

What do you do when the market is closed?

It seems to me that we are not only different in character, etc. Each of us is a trader with its own peculiarities and perception of the market, and that's why each of us uses his or her own strategy in order to understand the market and determine ...

Forex Trading Philosophy

I really wanted some financial independence so that I could afford much more than what I had at that time. In fact, it wasn't an easy way to go, I had to do enough to make things work the way they are today. Every day I started by analyzing the ...

I trade my own account for a living. Tell your story

On the one hand, you are good at trying to find options to learn something new and, of course, to reduce the risks when working on the market. On the other hand, every trader who started ten years ago and learned all the details of trading on his ...

anyone want to be a "paid" advisor?

Let's be honest, so that you can get into the market you certainly need basic knowledge about what the market is and the basic methods of its analysis. Once you have determined what is right for you, for example, you have realized that fundamental ...

I want to be a fundamental trader

It seems to me that most of my trading philosophy is not to be afraid of something not working out, or at all my trading session has gone wrong and I understand that I need to make some other decision urgently. In fact, I had some difficulties in ...

What does your trading philosophy mean? How important is it?

Actually, I have a question how do you think a broker can determine how or by what analysis you are trading at the moment. After all, many traders practice news deals on technical analysis precisely because on the eve of publication of a report or ...

Brokers don't like News Traders?

And nobody ever said that forex or trading in general is a transparent business, which can guarantee you a hundred percent result, especially considering, firstly, the number of those who want to quickly make big money without making any efforts, ...

Caveat Emptor

I can see that you obviously have a certain knowledge base and understanding of the market, but on the other hand you need to define a more dynamic strategy to get more out of the market thanks to your capital. Of course my recommendations can be ...

(binned per thread starter's request) Still Learning (Tips/Advice

In fact, a small leverage gives me a lot more confidence than when a company gives a huge leverage even for small amounts. After all, not all traders, and especially beginners, know how to make calculations correctly. This means that not everyone ...

Singapore to Cut Down on FX Leverage to 1:20

In my opinion, this is not the safest format, because I personally cannot afford not to control the situation directly when it comes to my money. I think that in any business you have to be able to make decisions and take responsibility for your ...

Holding positions over weekend

It's a very interesting discussion, actually, because I myself constantly ask myself such questions, and frankly speaking, I still don't know when exactly a strategy or system can be considered really working. As a rule, before introducing anything ...

How much backtesting is enough?

I think that everyone can engage in trading and thus get a stable and quite good income. Everything depends on your attitude to trading. If you perceive trading as an entertainment or a way of earning money, then you will never see a great profit ...

Can YOU make money as a trader?

It seems to me that this is a topic that can be talked about just infinitely. Actually, the main value in trading is you. Because it is you who must find the strength to learn and constantly work on yourself. You will need a lot of time and energy ...

What's the Value In Trading?

I think this can only happen if you do not know how to properly assess the situation and calculate the risks in relation to your capital. Because only some dishonest broker can earn on such situations, and if the company is normal - in this case ...

Are trading costs the main reason of losses in trading?

In fact, a real good broker can earn on commission thanks to the trading of each client. In short, when you open a position - you pay the spread, that is a certain amount - fixed or floating, which is equivalent to two or three percent of the amount ...

How does a broker work? How can he pay me the money?