nextop Posted October 23, 2024 Share Posted October 23, 2024 Honestly after investing to copy trading and both PAMM, I lost pretty much and I recognize we must have enough knowledge and experience to know which one to invest to. I saw a 500 days profitable account and after investing, it's lost 80% equity in 2nd month 😞 Link to comment Share on other sites More sharing options...
tradesprint Posted October 23, 2024 Share Posted October 23, 2024 It sounds a huge loss, i guess you are right we need to stick with acquiring knowledge which many new traders forget to cater. Yet we can use these losses as a milestone to learn experience and should not repeat such mistakes in future. Link to comment Share on other sites More sharing options...
pradegxs Posted November 20, 2024 Share Posted November 20, 2024 Losses can feel devastating, but they’re also some of the best teachers in trading. Many new traders skip the learning phase and jump straight into the market, which often leads to those painful early losses. The key is to treat every loss as a lesson—analyzing what went wrong and using it to refine your strategy. I learned this key trick from HFM webinars devoted to psychological mindset Link to comment Share on other sites More sharing options...
tradesprint Posted January 7 Share Posted January 7 I can only say that the past performances cannot guarantee future results so better to learn forex trading itself rather than relying on another skills and investing in PAMM or copy. Link to comment Share on other sites More sharing options...
nextop Posted January 14 Share Posted January 14 On 10/23/2024 at 11:39 PM, tradesprint said: It sounds a huge loss, i guess you are right we need to stick with acquiring knowledge which many new traders forget to cater. Yet we can use these losses as a milestone to learn experience and should not repeat such mistakes in future. I wish HFM allow investor to invest only $50 but their minimum amount to invest is $500. Of course $500 is not really a big deal but if you see it loses 80% then it's a pain in my *ss. Link to comment Share on other sites More sharing options...
tradesprint Posted January 14 Share Posted January 14 Many brokers do allow initial protection to the new traders however they should stick to the demo trading for at least a minimum of six months before jumping to live trading accounts in my opinion. So if they lose any money on demo they in fact does not lose anything yet can learn from that losing trades too. Link to comment Share on other sites More sharing options...
nextop Posted February 13 Share Posted February 13 ^ I meant PAMM, not trading by yourself but Copy-trading is my favourite now. Link to comment Share on other sites More sharing options...
tradesprint Posted February 19 Share Posted February 19 PAMM and copy trading can be a good option however we only need to search for the right skillfull trader / Pamm account manager to park our money while we learn develop our own trading skills. Link to comment Share on other sites More sharing options...
sendong Posted March 18 Share Posted March 18 hfm has its own crypto cfd that can be traded 24/7 Link to comment Share on other sites More sharing options...
nextop Posted March 24 Share Posted March 24 Have you tried it? Hopefully they have it demo supported. Link to comment Share on other sites More sharing options...
David Jackson Posted March 24 Share Posted March 24 That's great! HotForex is a solid choice. I've found their spreads to be competitive, and withdrawals are smooth. Just focus on risk management and start with a demo if you're unsure. Happy trading! sim city latest version mod apk Link to comment Share on other sites More sharing options...
pradegxs Posted March 24 Share Posted March 24 10 minutes ago, David Jackson said: That's great! HotForex is a solid choice. I've found their spreads to be competitive, and withdrawals are smooth. Just focus on risk management and start with a demo if you're unsure. Happy trading! sim city latest version mod apk What is your risk management rule?I heard we should use risk-reward ratio like 1:2 but can't understand why it is the best Link to comment Share on other sites More sharing options...
tradesprint Posted March 27 Share Posted March 27 On 3/24/2025 at 11:19 AM, David Jackson said: That's great! HotForex is a solid choice. I've found their spreads to be competitive, and withdrawals are smooth. Just focus on risk management and start with a demo if you're unsure. Happy trading! sim city latest version mod apk Demo accounts are best in my opinion either if you are newbie trader or a professional trader. It helps learning the market dynamics and knowing how to trade if you are new trader. For professionals, it helps testing new strategies without risking our own money. Link to comment Share on other sites More sharing options...
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