Yea I agree with it, if you can confidently take 10 pips from the market everyday, then you can scale and your profits are going to increase. The big challenge here is mental, being able to stop after 10 pips, not being greedy.

10 pips a day can make you rich quickly

I think that was the case in the past, where scalping was extremely popular.... but i dont think the case is relevant now. The reason the brokers didnt liek scalping is obvious - they didnt want to lose money It is like stealing their "edge". U ...

Why do some brokers prohibit scalping? (conclusion)

Yhh, that’s a solid hybrid approach to the markets. Using trailing stops to ride strong trends like Bitcoin runs is exactly how you capture those massive moves that fixed targets would cut really short. However, switching to clear take profits in ...

Trailing Stop or Take Profit?

Guys... the long awaited halving is come and gone. For me, I think I will wait a bit before I get into the BTC markets again. From past experience, the price often sees a down move especially in the month of halving before it picks up again. SO, ...

Non-leveraged crypto trading with iforex

yeah. i think we might be overstretched this rally above $50k a little bit with BTC and you know how it is.. its always correlated I've also been pondering the nuanced relationship between crypto and traditional financial markets btw. despite the ...

Non-leveraged crypto trading with iforex

I presume there's no other way than forgetting about trading for a while expeically if you got stuck in such situation where are a lot of debts, sick mother and pther very unpleasant things. Just find a regular job, or a small hustle to get some ...

A Cry for help

this ETF approval is a landmark moment and I always fell for the temptation of 100xing it out of the park just before the announcement. But then I saw what happened as well cuz i was literaelly watching the charts. so let's not forget the lessons ...

Non-leveraged crypto trading with iforex

ive been literally sitting on my screen, kicking back, chilling, watching the green candles forming for the last month or so and my P&L just keeps getting better and better. There's already a great FOMO in the market so people should be careful ...

Non-leveraged crypto trading with iforex

Discipline and consistency. It's what its all about. You don't have to have the perfect plan, but you have to trade your plan perfectly. Because if you are not following, that means you don't have a plan, and without a plan, you are not guaranteed ...

Rules of Successful trader

Compiling a portfolio is for those who are aiming at long-term goals, actually. You gather specific assets together, invest money in them, complying with proper risk management and then keep them. Trading portfolio for me isn't a portfolio by ...

Should I make a trading portfolio?

definitely! yes we got some price action going on, and finally! some news are good, the correlation between cryptos and tradfi markets are not rising anymore, as you can see, the markets are struggling where cryptos have been rising. this is good, ...

Non-leveraged crypto trading with iforex

Wel... "All you have to do is do the opposite". Hahaha, probably because when you are opening aordwer in the opposite direction, the market goes in the one you wished to have when you were opening the first order? When you open an order and you are ...

if 99% fail why not reverse what we trade

The news are not completely out there, yet... There are still things ot come apart from the crypto-related ones, and it might be bad, and once they are bad, I think there might be another leg down in this market. You would not want to get caught in ...

Non-leveraged crypto trading with iforex

I say this all the time. The tape is all about news now, no matter what the ticker is. We are 100% dependent on news. this market, since it lacks a decent narrative for a lot of time since the lockdowns re-openings, any kind of news that is focused ...

Non-leveraged crypto trading with iforex

I don't know whether my answer will be helpful for as more than a decade since you question has passed. Anyway, maybe some other traders who are only making their first steps on the market will find it handy. - Read articles, book and literally ...

Any Advice for a Beginner?

Guys guys guys. I came here to reiterate the same thing I said the last time. It's still all news related price action. You just seen what happened. A credit agency downgrades the US debt. US risk assets fall, all the other risk assets fall as well. ...

Non-leveraged crypto trading with iforex

Just like I said earlier man, we saw a lot of news related jumps across the board for the last two to three weeks, a spot btc etf here, a different crypto etf there, a a bank ceo naming bitcoin digital gold here, a partnership there. but even with ...

Non-leveraged crypto trading with iforex

Well, these are quite truthful lines about risk management, and, being sincere to you almsot all of them are applicable to trading as well. I should say many traders neglect applying these simple rules whether because of small experience or ...

Benefits of using risk management