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Trendsmacro.com Review

 This broker review covers the website www.trendsmacro.com. This site has been brought to our attention by numerous people with concerns about the way this company is behaving and how they are treating their customers. Our investigation into this site has proven that there are very legitimate concerns about the intentions of the company owners and the safety of its users funds. Below are some of the findings which lead us to the conclusion that they cannot be trusted with your money and why they are being added to our Scam Blacklist. Lack of Regulation / Transparency The main issue with trendsmacro.com is their lack of regulation. If they are offering trading in Forex, Commodities and Stocks, they require licensing by a trading regulator. Most brokers opt for regulation with bodies such as CYSEC or the FCA. Trendsmacro have decided in their infinite wisdom to have ZERO association with ANY regulatory body. This is definitely the biggest concern when it comes to this company. Withou...

Do I need a trading system in trading?

 I believe that having a trading system is an important step on the way to successful trading. Even if the system doesn't work for the first time, it's already started. It is impossible to trade profitably on intuition. Only having clear decision-making rules can lead you to success. Trading includes more than just trading. This is also a rather tedious process of collecting and processing statistical data. If you learn how to collect and process information correctly, you will succeed in this field. With strict discipline, of course. Since if a trader is driven by emotions and constantly violates the rules of the trading system, then he will definitely never achieve the result. It is much better to follow the rules of the trading system and not earn, than to not follow the rules and not earn. In the second case, you will definitely not get the result. And in the first case, if you follow the rules of your vehicle, record all transactions in as much detail as possible, analyze ...

How many instruments is it better to trade on the Forex?

I am often asked the question:  what asset should I trade and should I make a selection or focus on one instrument? . I will try to answer this question. I will immediately note that I am not a supporter of trading one instrument. Even if you are a beginner, you can trade everything, but for the first time, you can use the most liquid top futures and stocks. And do not take expensive tools, such as the RTS index. Although it depends on how much capital you have. For someone, the amount of 1-2 million rubles is absolutely not significant. In this case, you can also enter the American market, if it is suitable for the trading time. How many instruments is it better to trade on the exchange - one or several? Why do I need to make a selection? So, as far as you know, the market has two States – sideways (accumulation) and trend (distribution). For the most part, it is located in the sideways direction and spends 30 percent of its time in the trend. And first of all, positional trading ...

Bitcoin will not be allowed

According to Minister of Communications and Mass Media Nikolai Nikiforov, Bitcoin is unlikely to be legalized in Russia. According to him, our legislation does not contain both the term "digital token" and the term "crypt-currency," and we should not mix in the legislation the traditional banking and currency regulation and terms from this area with the block, which is associated with the new technology of the Bitcoin. For that reason, he suggested that the term "digital token" should be used.   "Bitcoins are a certain foreign project of application of Blockchain technology, Russian legislation will never consider Bitcoin as a certain legal essence in the jurisdiction of the Russian Federation, but the application of Blockchain technology, the use of various digital tokens, I think, is quite possible," said Nikolai Nikiforov on the sidelines of "Youth Forum".   With the money will be the one who has time to merge the "bits". A...

People tend to trust what they want

  They believe what they want to believe, despite the obvious evidence to the contrary. Short-term luck makes many such devoted traders strengthen in false faith. In a recent interview I was asked what is the best quality a trader should possess. My answer was as follows: Obviously, there are many different qualities that a trader needs to succeed. They are all important. If I had to choose the most important of them, I would say that this is the ability to feel the true reality. Unlucky traders have a distorted view of the market, about themselves and their actions in trading. It is very difficult for them to correct their wrong judgments, so they are doomed to failure.  The entire market world is built in a way that reinforces their erroneous views. This is the difficulty to overcome them. Introduction to the Theory of Chaos. It turns out that it is possible to study the history of market prices using mathematical and statistical tools and determine whether there are repetitive m...

People completely disregard the choice of position size

                                               Choosing a position size is the part of your trading approach that tells you "how much". It's not attractive. It does not give you the impression of your control over the market, as the entry methods do. It simply tells you what you risk in a given trade. You have already learned from the balloon game that many people lose 60% of their money in the system just because of a bad choice of position size. And the wide variation of results in this game depends entirely on how much they are at risk. And all this can become your best helper in the market. So why the competent choice of position size is such a problem?   Problem 1: Gambler's error. How can you lose 60% of your money in the system at one-to-one bets? In a 60% system, you probably won seven or eight consecutive losses over 1,000 attempts. Bu...

How to choose a Forex broker correctly

All traders on the first steps in trading face the question of how to choose a reliable broker that would execute all commands on time and increase spread as rarely as possible. The question of choosing a Forex broker is always relevant that's why the school of trading offers to understand what information about brokers is really significant, and what is only advertising. More information you can get here: https://signal-means-profits.com/reviews/forex-brokers/forex-broker-reviews-how-to-make-the-right-choice.html   The pros and cons of any broker you can easily find in many materials. We will not describe them in this article. It is important to understand only one thing that the profitability of trading depends directly on the broker. That's why we want to present you 5 factors for which you can easily choose a Forex broker. Of these, 2 factors are extremely important, and the other 3 are secondary and will serve you as a useful addition.  Criteria for Choosing a Forex Broker...