- Search Crypto Craft
- Catch-22 replied Apr 12, 2018
Brokers regulated by the FCA, or based in US generally as a rule of thumb. Others may be fine but you have to check out how strong the regulation is in that country, and confirm that they are actually regulated in the site of the regulator and not ...
Brokers with Good Reputations
- Catch-22 replied Apr 12, 2018
Bonuses are generally designed to secure someone's money in an account until they meet a volume which is not realistic for that money level. On top of that even if you did meet the bonus most of them won't give you your money back - but they have a ...
Do You Think Only Bad Brokers Give Out Bonuses?
- Catch-22 replied Apr 12, 2018
You are gambling right now with those lot sizes. You don't know what you are doing enough to understand how likely you are enough to win a trade. You said it yourself, you couldn't even make it on demo, and that's easy street. Something Poundtrader ...
I blew my account today!
- Catch-22 replied Apr 12, 2018
That really depends on how possible it is for that 50% to be hit. If your 50% risk is dependant on natural gas still existing in 3 months, and you are making good money on the trades, then I really don't see a big issue. If your trade is dependent ...
Someone can allow 30k loss with only 60k account
- Catch-22 replied Apr 12, 2018
I've never ever seen an account which risked 1% and blew their account, and I have seen about 6,000 forex accounts; mostly blown. People who risk 1% invariably lose some trades and take off their stop loss, couple months later they are gone. If ...
5% risk per trade?
- Catch-22 replied Apr 12, 2018
The problem with most of the courses is that most "training material" is stuck back in 2010 trading off indicators and swings. The markets don't move like they used to, and most strategies don't work. People want an easy fix in trading, and one ...
forex Courses
- Catch-22 replied Apr 12, 2018
5% isn't fine for 99% of people. The problem with people here is that they ask questions that they have already formulated the answer to. You can tell people over and over that they need to adjust expectations, but they always have in the back of ...
5% risk per trade?
- Catch-22 replied Apr 11, 2018
Can split your position and start buying in, but I would expect it to fall quite a lot at some point anyway, so there should be another opportunity.
Oil and Natural Gas
- Catch-22 replied Apr 9, 2018
Pretty sure Binary got chased out of Israel (to the dodgier areas of the world), and a lot of Forex brokers are worried now - particularly those based there - and are looking to move away.
FX Trading in Europe under threat - act now
- Catch-22 replied Apr 9, 2018
We don't often have the chance for a strong Martingale. I thought I'd post it out here anyway. First position starting at around 9% risk I think it was, coming out to around 30% risk at ATL I think it was 60% at zero - but gives you many profit ...
Oil and Natural Gas
- Catch-22 replied Apr 9, 2018
It totally depends on your style of trading to be perfectly honest. This is true for me, and maybe others, but certainly I know people who this isn't true for. The way I put it when I tell people about MY realistic expectations is: You can make ...
Trading Expectations vs Reality
- Catch-22 replied Apr 9, 2018
Jesus, chill out. I don't need to waste my time wading through rants from people pulling numbers out of their asses and throwing accusations around like any of it means something. On topic: I'm not sure that 5 leverage is really that bad tbh, I'd go ...
FX Trading in Europe under threat - act now
- Catch-22 replied Mar 28, 2018
Personally, they can be useful but you have to remember what a "real" inside bar is supposed to show you - consolidation (so you can see momentum on a continuation). A lot of inside bars are just part of a choppy or undecided market, and so they ...
Another inside bar thread
- Catch-22 replied Mar 27, 2018
My strategy is similar to yours, maybe a little less on the analysis. The best trader in the office does no analysis at all, he simply enters when the market is moving and then it's all money/account management and while we are in the same trades a ...
Why it is possible to predict price movement?
- Catch-22 replied Mar 26, 2018
Cluelessness and arrogance is a dangerous combination. Good luck.
Making small gains each day + losing it all in 1 day
- Catch-22 replied Mar 26, 2018
I was thinking the same thing about you. Money/Trade management is all, if you don't get that then you don't know what the hell you are talking about. Your attitude probably comes from excessive losses due to that lack of understanding.
Making small gains each day + losing it all in 1 day
- Catch-22 replied Mar 26, 2018
Couldn't disagree more
a smaller loss vs a bigger loss is everythingMaking small gains each day + losing it all in 1 day
- Catch-22 replied Mar 26, 2018
That's a really silly statement. Even if you are going to lose, you will lose a lot slower and gain more knowledge from the process. Compound matters greatly because of the money involved and the psychology attached to that money. If you are in a ...
Making small gains each day + losing it all in 1 day
- Catch-22 replied Mar 26, 2018
As a new trader you should not be compounding, no way on Earth. I never met someone new compounding that didn't compound his account back to $0. 1 lot size and one pair (two tops) and practice for a long time until you are confident, then change it ...
Making small gains each day + losing it all in 1 day