I like to stay away from trades that I have no idea about. It is better than taking an unnecessary risk.
Micro accounts are the real testing grounds for sure. No fake stuff like demo and no big money which will make you pull your hair <we all know it...
The burden of stop loss is unavoidable, but with EA, at least you won’t have to worry about the losses since it automatically puts the stop-loss...
I’d suggest you to download the automated EA program of MT4/5 and try it on the demo accounts first.
A thumb rule I’ve been religiously following- never play around your default indicator settings. Don’t know about your brokers, but the settings...
What is also needed is a trading platform like MT4 because most of the commercial EAs are scripted for it. So I always trade with brokers that...
I have been into forex trading for the last few years and I still keep an eye on different forex forums to see what other traders are doing. Every...
Yes, I agree. Learning is a continuous process and we must not refrain from learning at any time. Every trade comes differently and has something...
We all have been there. If you are using margin, you must be ready to get a margin call. Being a trader for the last few years, I have accepted...
It’s good to try out new things in trading, that is key to growing as a trader.
Use demo accounts to find out a profitable strategy for yourself. Different strokes for different folks.
The phenomena of revenge trading is a very common practice done by the new traders. Infact during my initial days without thinking I started to do...
The loss in the trade should not let you down but ignorance to miscalculation would definitely put you down. There is always a saying that defeats...
That’s anything but right, trading is all about skills and practice.
I wouldn’t suggest this form of trading as suitable for newbies, or anyone with less capital. Isn’t market manipulation even more here?
I’ve been trying to avoid margin call ever since I started trading and have been successful at it, but that doesn't mean that anyone who gets it...
I can understand and I would advice to stick to small balance requirement brokers only like the one you are using fxview. Alpari and xtb are some...
I am not sure if I have interpreted this correct, but from what I understand you are referring to setting up a buy limit order. I always do this...
Yes, the volume is pretty high today and seems like the volatility is affecting a lot.
For an ECN account and MT4 platform - FxView and Alpari. I found them much transparent and there aren't any hidden costs.
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