High leverage can amplify both gains and losses, making it a double-edged sword for traders. While it allows for larger positions with a smaller capital outlay, which can potentially increase profits, it also significantly increases the risk of ...

Is high leverage really bad for traders?

Depends on market conditions. When there is high volatility I can make like 20-30 trades a day, but on average it is 15 days. It's important to underestimate your ability to focus on charts for a long time.

How many trades do you make daily? (for scalpers)

Really hard to determine its fair value. Basically it's continuing process you should constantly monitor is it gaining adoption or not especially concerning rules of its trading and exchange in different countries.

BTC increase

Scalping can be profitable in the short term due to its high-frequency nature, but sustaining long-term profitability requires precise execution, discipline, and frequent adaptation to changing market conditions. It's challenging due to transaction ...

Scalping! Can it really be profitable in the long term?

Start by mastering a single trading strategy that aligns with your trading style and risk tolerance. Practice executing trades on a demo account until you consistently achieve profitable results. Additionally, prioritize risk management by using ...

Best Advice You Can Give A New Trader Starting Out

To find day trading levels from daily candles, focus on identifying significant highs and lows within the daily candle's range. Plot key support and resistance levels based on these highs and lows, considering previous swing points and round ...

How do you find day trading levels from Daily candles?

Focusing on one or two currency pairs and one timeframe can offer several benefits, including deeper understanding, improved consistency, and streamlined analysis. By specializing in specific pairs and timeframe, you can develop a deeper ...

Focusing on one or two pairs, one timeframe?

Probably because risk per trade is too high. It means you put a lot on the table and have a feeling that you can't afford to lose what you risk. Otherwise you would be less nervous. Also this tends to worsen with time because of growing mental and ...

Managing anxiety

Trading itself is a relatively easy since it involves buying and selling action, setting stop and profit targets, choosing leverage etc. However exploring nuances of price analysis and prediction is harder and is getting harder every day because of ...

Can trading be self-taught?

It took me 3 years to become sufficiently profitable. However I still have months with negative returns but I get used to it since consider losses as inherent feature of taking risk

How many years to become profitable?

I think because they don't know it's a dead knowledge. This is because trading itself is easy sometimes there are random wins so you can try different approaches make profit and become and advocate of the method, genuinely thinking that it works.

Why do people promote dead knowledge and call it trading

Successful scalping requires rapid decision-making, tight risk management, and the ability to capitalize on small price movements. However, it also entails high transaction costs and may require advanced technology and infrastructure to execute ...

Scalping! Can it really be profitable in the long term?

In my experience, trailing stops offer a more flexible approach to managing trades compared to take-profit orders alone. Trailing stops allow traders to capture potential larger gains by letting profits run while still protecting against significant ...

Trailing Stop or Take Profit?

In my experience as a trader, high leverage can amplify both profits and losses. While it can potentially lead to significant gains with a small initial investment, it also increases the risk of substantial losses if trades move against you. ...

Is high leverage really bad for traders?

For beginners in forex trading, my advice would be to start with a demo account to practice without risking real money, focus on learning the fundamentals of trading, and develop a clear trading strategy with proper risk management techniques. As ...

Any Advice for a Beginner?

Trendlines work because they represent visual representations of the underlying supply and demand dynamics in the market and many traders base their analysis on them. When drawn correctly, trendlines connect significant highs or lows in a price ...

Why do trendlines work?

In my experience, one of the most effective indicators for entry signals and trend identification is the Moving Average Convergence Divergence. The MACD combines moving averages with momentum to provide clear signals for both trend direction and ...

What best indicator to entry signal and TREND?

I think first one is better because it's true ECN can be checked

HotForex Discussion

To find big moves lasting for months in forex trading, focus on identifying strong fundamental trends supported by economic indicators and central bank policies. Utilize longer time frames and technical analysis tools to confirm the trend direction ...

How can you find big moves that last months?

In my experience with scalp trading, I rely on indicators such as short-term moving averages, stochastic oscillator, and RSI to quickly identify entry and exit points for trades. These indicators, when adjusted to shorter time frames, provide timely ...

How to calculate indicators for scalp trading?