Daily reviews have made a big difference. Sometimes the discipline itself matters more than any strategy or platform...Got it. I’ve started reviewing my trades at the end of each day too. Helps me notice mistakes and figure out what I need to improve.
Yeah, the way I see it, trading is already hard enough without adding unnecessary risks. If I can cut out one variable by sticking with a regulated broker, I’ll take it, because then the only battle left is with myself.Fair point, I can’t argue with that. Regulation definitely adds an extra layer of protection, and it’s wise to factor that in. I guess the balance is combining both sides — choosing a broker you feel safe with and keeping your own discipline in check. At the end of the day, survival in trading is really about managing risks on all fronts.
I get that. Regulated brokers definitely remove one layer of worry, and that peace of mind can be huge when you’re focused on strategy and execution. I just try to balance it — I test the broker, keep my trades small, and always stick to my risk rules. At the end of the day, it’s really about staying disciplined no matter what platform you use.Yeah, the way I see it, trading is already hard enough without adding unnecessary risks. If I can cut out one variable by sticking with a regulated broker, I’ll take it, because then the only battle left is with myself.
Oh, the thread is alive again, I’ll take the chance and ask. Since you’ve been trading on TradeUp a while, how do you manage risk when scalping multiple pairs at once? Any rules you stick to?I get that. Regulated brokers definitely remove one layer of worry, and that peace of mind can be huge when you’re focused on strategy and execution. I just try to balance it — I test the broker, keep my trades small, and always stick to my risk rules. At the end of the day, it’s really about staying disciplined no matter what platform you use.
I usually set strict stop-losses and never risk more than 1–2% of my account per trade. Also, I limit myself to 3–4 active scalps at a time to avoid getting overwhelmed.Oh, the thread is alive again, I’ll take the chance and ask. Since you’ve been trading on TradeUp a while, how do you manage risk when scalping multiple pairs at once? Any rules you stick to?
Exactly what I wanted to hear. Another thing I’ve been wondering which timeframes and pairs do you focus on for scalping? Do you stick to majors or occasionally try crosses too?I usually set strict stop-losses and never risk more than 1–2% of my account per trade. Also, I limit myself to 3–4 active scalps at a time to avoid getting overwhelmed.
I mostly stick to EUR/USD and GBP/USD on 1- and 5-minute charts. Sometimes I try USD/JPY if volatility is good, but I avoid exotic pairs spreads can eat up profits too fast.Exactly what I wanted to hear. Another thing I’ve been wondering which timeframes and pairs do you focus on for scalping? Do you stick to majors or occasionally try crosses too?
Do you ever adjust your stop-losses depending on volatility, or keep them fixed?I mostly stick to EUR/USD and GBP/USD on 1- and 5-minute charts. Sometimes I try USD/JPY if volatility is good, but I avoid exotic pairs spreads can eat up profits too fast.
I adjust them a bit depending on recent volatility tighter in calm periods, slightly wider when the market is choppy. Helps avoid getting stopped out too early.Do you ever adjust your stop-losses depending on volatility, or keep them fixed?
Scalpers may observe delayed fills during peak volume, but TradeUp is OK for swing trades. While not as narrow as those on top-tier ECNs, spreads on EURUSD are still reasonable. If speed is important to you, it's worth testing on demo first.Hey guys, anyone here trading Forex with Tradeup? I’m thinking of opening an account but want some feedback first. How’s their execution speed?