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Pyrotrading
Trading for the long-term
in
General
May 17, 2022 at 14:25
Scalping, or long-term trading, depends in part on how much time you have to trade each day.If you have a full-time job and can trade on the side, then long-term trading is certainly an advantage.The disadvantage of long-term trading is that there are strong movements in the market today that you should clearly include in your strategy. Our world is changing fast.When scalping, you should be clearly focused and take a small move that will hopefully be profitable.The disadvantage of scalping is that you have to constantly monitor the market in order to spot good opportunities and then trade the...
Which broker is better
in
New Traders
May 17, 2022 at 14:13
Etoro is not a good broker when it comes to day trading. Too high costs and slow servers (which often fail at short notice when there are strong movements). If you trade stocks on a daily or weekly basis, Etoro is perfectly fine.More than 10.00 values that you can trade is not a quality feature. In general, you should decide whether you want to trade currencies, commodities, etc. Because these behave very differently from one another.A last aspect is the slippage, which can partly be present from the broker side, which is why you should take a closer look there too (I'm not talking about...
Mind or Machine? What’s Better For Forex Trading?
in
General
May 17, 2022 at 08:34
What speaks for an automated system is the fact that it processes what has been specified without emotion. This certainly has advantages in certain market situations. In addition, you can support manual trading.Nevertheless, such systems have to be monitored and, if necessary, intervened manually.With manual trading, you can use the chart to react better to certain market situations or make customized decisions. If you don't have your emotions under control, this can also end badly for you.In general, there is no better or worse. It depends on your strategy and experience. The question is ...
5 Things I have learned in 5 years of trading!
in
General
May 13, 2022 at 10:59
My points (15 years of trading experience) which I think are important:1. Use StopLoss2. Let profits run3. Practice on demo accounts for a longer period of time (min. 3 months) to get a feel for the market or to test strategies4. Don't go in expecting to make a quick buck5. Learn from your mistakes and write them down to do better next time6. Use a broker with stable servers and low costsLearning to trade is a long and difficult journey. It can take years to find a trading style that suits you.
RoboForex
in
Brokers
May 12, 2022 at 08:22
I am very satisfied with Roboforex. I have already tested several brokers (15 years of trading experience). Either the bad customer support, the high fees (very important for me as a scalper), or the unstable or lame servers annoyed me.Now I have been with Roboforex for more than 3 years and I am very satisfied. Why? I would like to briefly explain this to you:What speaks for Roboforex:+ Low fees (As an example: Dax (0.5 point fees, no matter what time)+ Fast support+ Various deposit and withdrawal options+ Fast payout+ Easily switch between account types within the account or create new ones+...
Which broker is better
in
New Traders
May 11, 2022 at 15:17
I use Roboforex myself. With this broker I only have a 0.5 point spread on the DAX, which is an advantage for me when scalping.
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