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Príspevky od
CharmaineDizon
zero spread brokers needed
v
Obecné
Jun 22, 2021 at 14:37
I like Moneta Markets' ECN account. It has floating 0 pip spread with $3 commission per lot. While there are actually true zero spread accounts there (fixed 0 pip spreads), the catch there is very high fixed commission cost (around $20 per lot). Most zero spread accounts that Forex brokers offer are called ECN accounts, which have floating 0 pip spreads. This means while the spread is still floating, just like in a standard account, it is majority of the time close to zero. The good thing here is it has a lower fixed commission cost than true zero spread accounts. If you ask me which is be...
Stop Loss Importance
v
Obecné
Jun 08, 2021 at 11:55
Stop loss is very important! I actually have no idea how traders can trade without it lol. Trading without stop loss is like a guaranteed way to throw your account! Although admittedly, it's a bit challenging to know the optimal stop loss placement because you don't want your stop loss to close our your trades unnecessarily, of course.
What is Take Profit
v
Noví obchodníci
Jun 06, 2021 at 15:59
This is the price that you set in your open trade/s so that your broker will automatically close said trade/s once said price/s is/are hit. The purpose of this is so that you won't need to monitor your charts just to realize your gains/profits.
myfxbook is doing a great job
v
Obecné
Jun 05, 2021 at 13:07
I cannot agree more! Admittedly, am just new to this forum site. But I love everything I'm reading so far and how active the community here is. It seems everyone would love to contribute their ideas/knowledge, which is a really great thing!
Emotional Trading
v
Obecné
Jun 04, 2021 at 19:38
Yes! This is why trading is really just about traders' psychology. It's what controls the prices of any market. Behavioral Economics/Finance is surely an interesting subject.
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