Balladokus
Registered Member
- Jul 2, 2019
- 61
- 12
I think that it’s a wise approach. There’s a common stereotype that a typical trader is always close to a nervous breakdown but I think that it shouldn’t be this way.
AAFX Trading reviews and opinions
Balladokus
Registered Member
- Jul 2, 2019
- 61
- 12
What’s the outcome?
Zumi
Registered Member
- Feb 8, 2019
- 95
- 14
I increased my ECN account to $890 for two weeks. I would like to add why I had to give up news trading. One time a breaking news let me down. It was the last US Non Farm. It punished me painfully. The market didn’t behave the way I expected and as a result I lost $250. Nevertheless, I managed to win back using the approach mentioned above. Now I try to stay away from currencies, especially EUR/USD. USD/JPY is the only normal pair in my eyes. It’s relatively predictable. Besides this I actively trade metals, crude, and Bitcoin. These are the best assets form and I get a real pleasure from trading them.
Yozshulabar
Newbie
- Mar 12, 2020
- 31
- 9
I like to scalp but sometimes I’m very exhausted by the process. You know there’s a common point of view that trading should be based on intuition, let alone guesswork. Nevertheless, my scalping experience shows that there’s a great deal of guesswork here. In my opinion, a scraper should have two crucial things. First, he should have balls. It’s clear that a shy person can’t be a scalper. Secondly, he should be attentive. If you are unable to focus on anything, you are bound to lose. However, I’m currently in the process of finding something that could be a solid foundation for my scalping, something that could take this heavy burden of constant focus from my shoulders. Has anybody suggestions?
Zumi
Registered Member
- Feb 8, 2019
- 95
- 14
I can give you one tip. I have recently discovered it when scalping. You should use the five-minute timeframe for your major forecast work. Study the chart attentively and then draw support and resistance levels. So, you are expected to buy or sell from the corresponding levels. You can also use M15 for this purpose, but M5 will give you a more accurate signal. If you enter the market on M5, you will have a smaller drawdown and it will take you less time to go in the green and close your trade profitably.
Yozshulabar
Newbie
- Mar 12, 2020
- 31
- 9
Does it work better in the flat market?
Zumi
Registered Member
- Feb 8, 2019
- 95
- 14
The flat market is a paradise for this technique. It’s also possible to use it on a trend movement but it would be more dangerous. It’s clear that you can’t use it when there’s a strong impulse movement. In this case, you have the only one chance to enter the market at the very beginning of the impulse and then it only remains to hold your trade but it will not be scalping.
Yozshulabar
Newbie
- Mar 12, 2020
- 31
- 9
I opened a Fixed account with the broker. Of course, that’s not the best account for scalping. That’s for another purpose. I’m going to trade in the long term here.
I should say that I opened the account at the right time. I opened it on the 6th of September and next day I luckily spotted the right entry point on gold. It was a massive sell-off and I was holding my sell trade on this metal for 14 hours. It brought me $450 for that long-term deal. My initial depo was $527. It was a good beginning with the broker.
I should say that I opened the account at the right time. I opened it on the 6th of September and next day I luckily spotted the right entry point on gold. It was a massive sell-off and I was holding my sell trade on this metal for 14 hours. It brought me $450 for that long-term deal. My initial depo was $527. It was a good beginning with the broker.
Balladokus
Registered Member
- Jul 2, 2019
- 61
- 12
I guess you should have opened the same short position on silver. They move nearly the same.
Yozshulabar
Newbie
- Mar 12, 2020
- 31
- 9
I’m not so smart, man. I somehow forgot about it. Nevertheless, the day was pretty good. Gold did me a good favor. Perhaps, next time I will remember about silver too. Later I viewed a lot of analytics about that sell-off on the yellow metal, but I don’t care what experts say because the event is already in the past. I would like to trade gold in the long-term, but the current situation about it is quite uncertain. At least, I feel it.
Mikall
Newbie
- May 15, 2020
- 25
- 12
I have opened a Fixed account here and deposited $560. I would like to trade cryptocurrency with this broker. I already trade with several brokers, but I think that it would be a good thing to open one more account with a new broker. This broker attracts me with commission-free trading.
Balladokus
Registered Member
- Jul 2, 2019
- 61
- 12
The broker doesn’t offer a rich choice of digital coins, but on the other hand it offers Bitcoin that would be enough, considering its huge capitalization.
Yozshulabar
Newbie
- Mar 12, 2020
- 31
- 9
Do you scalp cryptos?
Mikall
Newbie
- May 15, 2020
- 25
- 12
In most cases, I prefer to trade cryptos in the long term. However, sometimes I work on M5-M30 timeframes. As for this account with this broker, I hope to use it for long-term crypto trading only. I intend to hold my long-term crypto trades as long as possible without shifting to scalping. Of course, if there’s a sudden reversal, I will have to interfere and timely close it. My gut feeling tells me that there will be a long-lasting uptrend on BTC, so I opened the Fixed account solely for this purpose.
Analak
Registered Member
- Jun 5, 2019
- 77
- 13
I opened a Fixed account here. I made this decision last week under the strong impression of my friend’s experience. He started to trade cryptos two months ago and it gave him a good extra profit. That was with another broker. So, I thought that it would be a good thing to hold crypto trades with several brokers. AAFX also came to my mind. It offers just two crypto pairs but that’s enough since I plan to trade mostly in the long-term.
Balladokus
Registered Member
- Jul 2, 2019
- 61
- 12
If I’m not mistaken, this summer there were more than enough situations to trade cryptos in a range.