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social trading
अंदर
सामान्य
May 30, 2018 at 06:05
Martingale = double your bet size after each loss.
social trading
अंदर
सामान्य
May 29, 2018 at 09:54
On the home page of this website there's the community outlook. You could probably do a lot worse then just fading that as most people seem to be wrong. Most of the community is long EURUSD, time to go short :)
Is the market clueless today
अंदर
सामान्य
May 27, 2018 at 06:02
I don't see a reason at this point to exit prior to the 1.60's. Maybe the market will decide something different today or next week but given the available information this seems a good bet to at least test that area. During the session on 5/21 there was evidence that perhaps the 1.71's would hold as support, so someone who was short from above booking profits at that point had a good case for doing so. But since that time 17's have clearly given in to selling pressure. Yesterday seemed to be perhaps a mix of shorts booking profits and offside bulls who were long from 17ish...
USD/JPY
अंदर
अनुभवी ट्रेडर्स
May 24, 2018 at 14:11
Go Yen Go!
Is demo trading enough before real account?
अंदर
नए ट्रेडरों
May 24, 2018 at 13:48
100% spot on. If you fail in demo you will fail with real money. If you are successful in demo you will at least initially fail with real money. Demo is good for acquiring trading skill and honing that, but it's not possible to recreate the emotion you will experience when your actual capital is on the line. Dealing with that emotion is also a skill and that can only be developed when trading real money. But, if you are trading real money with no trading skills, you're going to experience a great deal of pain.
Is the market clueless today
अंदर
सामान्य
May 24, 2018 at 05:57
I sold this pair last Monday at 1.192.https://www.myfxbook.com/community/general/wind-is-changing/1318614,1#?pt=2&p=4&ts=34&o=1318614There's LT support, and strong support IMO down around 1.155. I have a TP order in at 1.1594. My .02.
Is demo trading enough before real account?
अंदर
नए ट्रेडरों
May 23, 2018 at 06:26
Blowing up a demo account is a hell of a lot better than blowing up a real account.
USDCHF
अंदर
अनुभवी ट्रेडर्स
May 21, 2018 at 06:01
Are you still short from 4/23, down 200+ pips?
Forex is profitable ?
अंदर
सामान्य
May 16, 2018 at 13:37
Apex, Optimus and AMP are brokers I am familiar with but there are hundreds out there, just like FX brokers. You would have to do research and decide from there, I cannot explain all of the in's and out's here. togr does make a valid point in that with FX there is a spread and that is your cost whereas with futures there is commission and that is your cost so in either case your entering into a minus sum game and there's no getting around that. The CME (Chicago Mercantile Exchange) is a regulated exchange and operates with a level of transparency that's not available in FX, ...
The wind is changing
अंदर
सामान्य
May 16, 2018 at 06:03
I sold this pair at 1.192. I'm watching the 1.18 area also, fingers crossed that it breaks lower. I believe it will but maybe not on this trip.
Demo trading
अंदर
नए ट्रेडरों
May 15, 2018 at 14:42
Yea, lol. I should have said "money"
Forex is profitable ?
अंदर
सामान्य
May 15, 2018 at 14:41
My point is that scalping is better done with currency futures. For the record, I don't scalp currencies at all. I do trade the ES but I'm also not scalping that and I only started to dabble in FX since I'm consistent with my ES trading. I've stated my opinion and the reasons behind it. If I were to scalp or even trade currencies intraday I'd do so via futures on the CME, but I'm familiar with that exchange and the markets there. I don't like broker spreads, they are arbitrary and you're instantly losing money as soon as you enter a trade. That's not t...
Demo trading
अंदर
नए ट्रेडरों
May 15, 2018 at 14:19
If you can't make money with a demo account, you won't make money with a real account.
Forex is profitable ?
अंदर
सामान्य
May 15, 2018 at 14:03
Should be between $4 and $5 per contract. Most discount brokers will charge $.50 or less per contract, the rest of the cost are CME exchange fees that cannot be avoided. There are no mini or micro lots so that's definitely a disadvantage. Tick increments and values differ by currency so you'd need to do some research there. I will say that FX is very forgiving for newer traders, you can still trade real money but also have a small investment so that when you lose - and you 100% will lose when you're learning, you won't lose a ton. There's no such environment with futur...
Forex is profitable ?
अंदर
सामान्य
May 14, 2018 at 13:47
I said why not, because of the spreads. If you are scalping, why give yourself such a disadvantage from the start? I 100% understand FX as a longer term trade but anything intraday IMO is better on the futures market - simply because of the spreads.As far as making money in any market trading, most fail. FX isn't a bad place to learn because you can trade mini and micro lots and not lose a lot of money for your tuition while you are learning. There's never a guarantee that you will ever make money, no matter how much time and effort you put in. You should be willing to invest a d...
Forex is profitable ?
अंदर
सामान्य
May 13, 2018 at 08:00
I've no idea why anyone would bother scalping FX. Why not just trade currency futures on the CME? 100% transparent and no real "spread" like FX or stocks.
USDCHF
अंदर
अनुभवी ट्रेडर्स
May 13, 2018 at 08:00
How did that short work out on April 23rd? Don't step in front of a train...
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