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To make a good trading plan
v
Obecné
Mar 10, 2021 at 12:44
Along with all this, risk management and money management should also be a part of a trader’s plan.
The demo account is the master
v
Obecné
Mar 05, 2021 at 11:40
That’s something that all traders have encountered. What to do? There are so many choices! I had used Pepperstone. Both good as per my requirements. Even you should first identify your trading style and then according to that go for brokers.
The demo account is the master
v
Obecné
Mar 04, 2021 at 11:28
If it wasn’t for my demo account I would have never made it this far!
My concern on lot commissions
v
Noví obchodníci
Feb 10, 2021 at 05:19
I agree. When I was choosing brokers for myself, I made sure that my brokers fit my trading requirements well so that I don’t end up regretting my decision later. My brokers- Fxview and Pepperstone don’t put any restrictions from their end. I can customize my trades as per my analysis.
Which pairs are your least favorite to trade? And why?
v
Noví obchodníci
Jan 22, 2021 at 11:43
Absolutely. Exotic pair trading should not be undertaken by people with less experience because as the chance for the profit increases, the same is the risk for loss. It’s always better to balance out. In fact that’s why I am using an assortment of brokers ranging from Pepperstone to Fxview because this helps me in better risk management. Multiple brokers and multiple currencies is my strategy.
Which pairs are your least favorite to trade? And why?
v
Noví obchodníci
Jan 21, 2021 at 10:55
No doubt EUR/USD are the most easiest pairs of trading but I think after some time a trader should invest his/her time to learn about the exotic forex pairs like ZAR/USD because they hold more profit potential. When the major pairs are stagnated or not providing profits, exotic pairs can come to the rescue.
Unlimited lot size of broker
v
Zkušení obchodníci
Jan 21, 2021 at 09:41
I suggest you go for 100 lots per trade. This way you won’t have to worry so much. Just a tip, good luck.
No system works all the time
v
Obecné
Jan 21, 2021 at 09:40
Yes, the volatility affects every trader and their trades. This is something no one can actually escape and they have to work according to the market conditions.
Basics knowledge is not enough
v
Obecné
Jan 21, 2021 at 09:40
Yeah, I really don’t understand why people do that. I can never look at forex as gambling. It requires so much knowledge and skills.
Simplex Infinity MT5
v
Obchodní systémy
Jan 20, 2021 at 10:01
Your chart is really going up on this. Great work with this system.
Money Management
v
Noví obchodníci
Jan 20, 2021 at 10:01
There should be a balance between risk and money management. This is crucial for every forex trader.
Reasons why you should NOT trade cryptocurrencies
v
Krypto
Jan 19, 2021 at 09:02
It is good that you decided to share this information here. Keep posting more.
Haithem AyedTrial
v
Obchodní systémy
Jan 19, 2021 at 09:01
Wow, 8 to 10% is a very good return and that too on a monthly basis. Good work with this system.
low spread and low rebate
v
Noví obchodníci
Jan 19, 2021 at 08:51
Yes, different brokers offer different spreads. It is better to go with the ones that are offering lower spreads.
ECN + Metatrader 4 or 5 platform
v
Zkušení obchodníci
Jan 19, 2021 at 08:50
A lot of brokers offer these platforms. You can also look into Acttrader for a change. Seems like a good platform.
How to trade effectively in forex?
v
Noví obchodníci
Jan 18, 2021 at 09:58
If you want to be a trader, I suggest you begin with the basics and learn how the market works. Try to look at different strategies as well.
How does experience come?
v
Zkušení obchodníci
Jan 18, 2021 at 09:51
Experience does come with time but it also comprises every bit of learning and small failures. It is more than just time for me.
High Risk Merchant Account
v
Obecné
Jan 11, 2021 at 07:20
All I know about it is that it is kind of a payment processing account for businesses. It is considered to be of high risk to the banks.
FXGOODWAY EURUSD Set_1
v
Obchodní systémy
Dec 22, 2020 at 10:28
That’s amazing. I don’t think I will ever be able to use this much leverage and still manage to make consistent profits.
Forex Winner EA (Elite)
v
Obchodní systémy
Dec 21, 2020 at 12:23
I am aiming at a lower drawdown as of now. My hard work of the last 6 years seems to have paid off and the ratio of my winning strategy has improved drastically in the last few years. In the beginning I did everything wrong, from using a broker that charged a bomb for commission to trading cross currency pairs. From last 1 year I have been on the right track, using fxview and pepperstone as brokers that offer low spreads. Besides, low trading fees of fxview has been a saver. Now I am looking at a system where my current approx drawdown of 25% is lowered.
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