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shirley_F
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Best step-by-step courses?
in
New Traders
Dec 14, 2016 at 08:01
But I guess still the formal education is better to come first as an investment in your future. Of course if you are able to pay for it. Otherwise your suggestions also apply.
Honest truth about forex.....
in
New Traders
Dec 14, 2016 at 08:00
I read this sentence many times before, maybe because it applies to most of us in our first steps trading 😉
Is demo trading enough before real account?
in
New Traders
Dec 14, 2016 at 07:59
I cannot agree more on this! It seems the fairest option as you will be able to use the demo as long as you actually need it, without necessity of constant account reopening. Very good point! 😄
What would you do
in
General
Dec 14, 2016 at 07:58
Wishing you success!
Is our account info safe with Myfxbook?
in
General
Dec 14, 2016 at 07:57
MFB is safe, no doubt about it! 😄
Swing vs Intraday
in
Experienced Traders
Dec 14, 2016 at 07:56
Swing or intraday trading - it actually depends not only on your personality but on the type of instrument you are trading. There are asset classes that are purely long-term oriented such as some stocks, bonds or futures, for example where liquidity is low and people make money holding a position for days or even weeks. Very important for swing traders is the swap - that's for sure.
Low leverage is dangerous, why?
in
Experienced Traders
Dec 14, 2016 at 07:55
This is wrong. With low leverage you actually not risk but secure more money in your account in case of reaching your broker's stop out level, meaning you will end up having more after your trade is automatically closed.Example:If you trade 0.1 lot on EURUSD (10,000 EUR) and your broker's stop out is set to 50%, in case of negative price movement, with a leverage of 1:100 (margin required - 100 EUR) you will reach the stop out having 50 EUR left in your account. However, with a leverage of 1:1000 (only 10 EUR required as your margin) you will reach the stop out having 5 EUR. Therefore ...
EUR/USD
in
New Traders
Dec 13, 2016 at 11:20
Yes, it going now down and it may well reach 1.0524 before bouncing up.
Low leverage is dangerous, why?
in
Experienced Traders
Dec 13, 2016 at 11:20
The leverage serves as a multiplier to enable you to open positions much larger than your initial investment. To see the relation between leverage and risk, we need to isolate these 2 variables and consider all other trading conditions as equal. Risk corresponds to loss (as no one is risking to win something).Example:Let's assume you have 10,000 EUR in your account. With 1:1 leverage, you will be able to open max 0.1 lot on EURUSD (10,000 EUR) and if the price moves by 0.1 pip in the opposite direction, you lose 0.1 USD. You will end up with 9,999 EUR. With leverage of 1:100, you will be a...
What would you do
in
General
Dec 13, 2016 at 09:55
If you feel your money and account are safe there and it works well, sure, keep it up as long as you trust the broker. Good luck and I hope you won't have any issues in the future!
DEMO ACCOUNT vs LIVE ACCOUNT
in
New Traders
Dec 13, 2016 at 09:55
What you see in the charts and the bid/ask price should be the same with any good broker. However when it comes to order execution in reality, especially if the robot opens large trades, then I guess there should be a difference.
FxUnited bankrupt??
in
General
Dec 13, 2016 at 09:54
So you read positive things about the regulation in Vanuatu and you trust the regulator there, don't you?
Tips and tricks!
in
New Traders
Dec 12, 2016 at 11:39
Yeah, that may be the reason here.
mt4 h1 indicator
in
New Traders
Dec 12, 2016 at 11:38
I suppose free... 😄
What do you wish to achieve through forex?
in
New Traders
Dec 12, 2016 at 11:37
Sounds like a cool plan. I wish you success in following it! 😄
What do you wish to achieve through forex?
in
New Traders
Dec 12, 2016 at 11:36
Do you have expectations when this day is gonna come?
I love Gold Only
in
General
Nov 03, 2016 at 15:33
Trading gold is always a good option for the traders who have time, as for me this instrument should only be traded long term ( this is my opinion and I know a lot of you will probably disagree with me, but I have my reasons to think like this).
Classic books about forex
in
General
Oct 26, 2016 at 14:13
some people prefer watching educational videos and webinars. Many famous traders are leading such webinars, and they are not always paid. You can learn a lot
What do you wish to achieve through forex?
in
New Traders
Oct 26, 2016 at 12:10
I think it's the main reason people start trading. To win big money in short time...
mt4 h1 indicator
in
New Traders
Oct 26, 2016 at 12:10
Are these free or paid?
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