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I maintain discipline by sticking to my trading plan and risk management rules, regardless of market conditions. Regular self-reflection and journaling help me stay aware of emotional triggers and improve over time. Accepting that losses are part of the process keeps me resilient and focused on...

The idea for your EA should come from manual trading, like after 3-4 months of trading you start to notice that you can automate analysis (some pattern recognition) or decisions and this is how you naturally come to the idea that you need the EA for that.

Is there free trial before buying? Wanna try it on my HFM platform to get some understanding is it worth to buy or not...

Trading requires continuous learning and building a solid foundation of knowledge, which can be challenging due to the complexity of markets and emotional discipline needed. However, dedicating time to education, practice, and self-reflection is the only way to develop the skills necessary for...

What do you think guys about beeksfx? It is located in LD4 where other brokers place their servers so latency should be close to 0. HFM offers it for free but there is a deposit requirement so I want to hear more feedback before making a decision.

Martingale is a high-risk strategy that can wipe out accounts quickly, especially in volatile markets. Using a hard stop loss and sticking to disciplined risk management is far safer and more sustainable. Always trade with a plan, not hope.

I’ve had great experience with MetaTrader 4 and 5 for algorithmic trading due to their robust backtesting capabilities and support for custom indicators. For more advanced strategies, I’ve also explored platforms like cTrader and MT5 from HFM, which offer flexibility and strong analytical tools.

Yes, the duration of a company's successful operation in the market is one of my key criteria for deciding who can be trusted with my trading capital and who cannot. Companies that have stood the test of time earn the loyalty of their clients.

I had experience with them which went from positive to negative because of too many slippage in my trades placed during high volatility. HFM managed such situations better because I noticed how my slippage costs decreased and returns increased.

I would recommend to try day trading first because chances of successful forecast are proportional to timeframe, for longer timeframe uncertainty (which you can't predict at all) grows which complicates predictions. Also you can't rule out shocks which are completely unpredictable. Also shorter...

Patience is a cornerstone of successful trading. Rushing into trades without waiting for the perfect setup often leads to poor entries and unnecessary losses. It's all about sticking to your strategy and waiting for the market to align with your conditions. Have you found specific techniques or...

Being of the market is the trade too since you keep the money and it is the asset too just with 0 return and 0 risk. Other carry higher risk but offer higher returns too.

Autochartist tool is a great software it is available for free in HFM, it greatly reduces work on identifying patterns, perfect solution for technical traders

Yeah it is crucial to stick to your trading plan at least because you have to gather a trading sample to evaluate performance of your trading strategy and then make changes if necessary

Is it possible to run this bot on MT5? I use one from HFM and many indicators should be adapted to MT5 so I guess same here

Well you can try beeksFx a bit more expensive than others but performance is excellent. Some brokers like HFM offer it free of charge if you are an active trader.

Yeah probably they will discontinue support but for some time the app will still work, at least didn't notice any issue with HFM MT4 so far

It should include trading idea which you implement into rule-based trading strategy, how you enter and quit position, what are the size of stop loss and take profit, position size. You should also determine preferred timeframes, pairs for trading, etc.

I steer clear from taking trades during high volatility, avoid news trading and use fixed stop-loss, usually 20-30 pips away from entry to avoid waiting too long if my guess isn't correct

Personally, I prefer trading major pairs like EUR/USD and GBP/USD because of their high liquidity, tighter spreads, and the wealth of data available for analysis. Their relatively stable behavior makes them predictable, which aligns well with my trading strategy. That said, I occasionally dip...