I follow USD/CAD and it has been a profitable pair for me too.
Can’t say that the market won’t have anything up its sleeve.
Go 1-minute-15-minutes and the maximum pairs I’d suggest for you should be 2-3 and all majors.
Mine’s been the same actually. Pretty good with the pricing structure. Been trading with fxview, and in case there’s some change in the price...
Trading with low leverage has helped a lot. Even if I lose, I don’t fret paying the broker.
Go day trading. Wait and watch instead of placing bets instantly for making quick bucks.
Understanding the technical indicators and whether to use them individually or as a pair.
Why is it that good or experienced traders always suggest having more than 1 broker? Not that I’m against the idea but just curious.
I find demo accounts quite unrealistic. To get a better idea of the market, you can create micro and mini accounts. See, risking money is...
Is the risk reward ratio while trading exotics different than major or minor?
I have already done the pipsology course, I think that’s pretty comprehensive.
I agree to all the points you mentioned, but talking about no deposit bonus, are these actually any good?
There’s a difference in the spreads. Traditional accounts offer fixed spread like 2 pips while ECN brokers offer variable spreads.
:) ideas won’t hurt right!?
I kind of agree with what you’re saying. Before I actually began trading with huge amounts, I used to risk about 4% of my entire capital. But as I...
It’s recommended for more experienced traders who’re experienced in all sorts of accounts and have a better understanding of the financial markets.
Yes, apparently the devil is in the details. To know when to enter and exit the market is also a craft.
Stop loss orders are way better and easier according to me.
Correlation scale is fine. Even if you’re a beginner, the scale of -1 to 1 is very easy to understand.
Yeah and I suppose market volatility and liquidity have something to do with it.
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