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boltushkin
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Everything posted by boltushkin
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Importance of stop loss placement in forex trading.
boltushkin replied to asiaforexmentor's topic in Forex General Discussion
I always use stop loss in your trading because trading without stop loss is like riding car without brakes, sooner or later you will hit a tree or wall ending with nothing. Putting fixed stop loss when opening a trade with Hotforex I then prefer to switch to trailing stops and keep profitable trade running rather than fix profit quickly. -
Is it easy to do scalping during night?
boltushkin replied to Anne Morris's topic in Forex General Discussion
I scalp mostly during start of asian session, liquidity is weak and price mostly oscillates on major rather than moving in a trend. I use Hotforex zero spread account to offset rising spreads during this time by commission and cut my trading costs. -
Hey guys, can you advice me any good indicators to use on my Hotforex platform?
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Can I know how long webinar lasts? -
When Did you start your First Trade?
boltushkin replied to kiranchandra's topic in Forex General Discussion
Hey guys, What skills do you find most essential to survive in trading? Knowledge or patience? Or knowledge of choosing right broker? -
I take forex trading as a hobby because I have full-time work which I can't quit cuz I need to support my family, while there is no confidence I will able to make off living with earnings from forex. I think most of us in same situation.
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Yeah I also use this card for withdrawals, IMO its processed faster than using combo Skrill+card and you are paying less to get your money on hand, so its much more convenient option for me. Thanks Hotforex! -
Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Indeed. They have passed special bill which limits investment activity of their citizens and relationship with offshore brokers. I think it is not fair nor reasonable as its prevents users from doing what they want (I meant leave them without freedom of choice). Do you agree with me? -
When Did you start your First Trade?
boltushkin replied to kiranchandra's topic in Forex General Discussion
Well I started trading about 4 years ago still stick to one broker cuz I learned its all ins and outs and convinced I made best choice of a place for trading. I trade with Hotforex and have never experienced a single issue with them, except some insignificant ones. -
When Did you start your First Trade?
boltushkin replied to kiranchandra's topic in Forex General Discussion
I made my first profit with Hotforex 4 years ago, after that I became avid and dedicated forex trader which can spend endless hours behind the terminal and I really like what I do and want to make it my trade. -
Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Yes Hotforex doesn't offer its service in North America, to US and Canada. -
I saw your post about Hotforex maybe you tried their bonuses I'm just looking for the traders who can share a feedback of using their credit bonus, is it useful for trading or just additional risk
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Let me know if you are going to participate to this contest I have some interesting trading ideas to share with you. -
Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Yeah I also see they are held one time in a year, don't know why.. maybe its too expensive for HF.. -
Can no deposit free money help you achieve success on forex ?
boltushkin replied to kaito kid's topic in Forex Newbies
Of course for example I got my first capital for live account as a prize from hotforex demo to real contest, here is the link https://www.hotforex.com/hf/en/contest/demo-contest.html -
I use credit bonus from Hotforex to trade on news and other high-volatility events, have you tried it? Basically it boosts your margin so your Stop Out level shifts to zero, so you have more margin to withstand drawdown..
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Hey, which broker can you recommend me for trading? I'm choosing from FXCM and Hotforex? What do you think - which is better
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- Learning forex
- Should i trade in forex
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Forex can be quite wearisome work if you constantly sit before price charts, put a lot of efforts to analyze unnecessary information which overloads your brains. You need to alternate trading with some psychical activities to keep your brains and body fit. Another useful tip is to switch from manual trading to medium term trading, where you don't need to make many decisions, but more analytic work. For example I trade only during news with Hotforex placing large lot traders, taking high risk but for high rewards. My monthly trading count is 4-5 trades sometimes 6-7 but not more.
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Anybody knows if new Hotforex regulator has compensation funds and traders from which countries can claim for this kind of protection? Thanks. -
Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
Guys any views on the outcome of Brexit? Should we hedge our positions on risky assets somehow, or just quit and ride out the storm without any open positions?? -
Well I trade to cut losses as much as I can using different trading strategies, trading plan, SL and TP with Hotforex, don't hold positions overnight to avoid swaps, etc. What about you, any ideas?
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Of course noo. I make 4-5 trading entries in my Hotforex platform in a month, because I use impulse strategy which gives signals only during news or breakouts. Its quite less frequent comparing to scalping
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Introducing the world’s first trading and gaming partnership!
boltushkin replied to standart's topic in Advertisement
hey guys do you know can I withdraw profit from this contest https://www.hotforex.com/hf/en/contest/demo-contest.html Thanks. -
whether our money safe in a broker?
boltushkin replied to uncle gober's topic in Forex General Discussion
I think our money or safe if u use brokers with segregated account and spotless history of operations, like Hotforex.I really feel safe with them cuz they're multiregulated and has growing database of clients which means they set for expansion and need to maintain top level of service for that.