You can consider opening a micro account with regulated forex brokers like avatrade, fxview, plus500 and XTB. They don’t ask you to start with a...
Been doing that and I didn’t have to put in a lot of funds at risk while testing the strategies in a live trading environment.
When you start trading, don’t just focus on money making. Demo account trading isn’t for that. It’s about forming healthy trading habits along...
Don’t know how oanda works but I’ve been trading with fxpro and fxview and the online quotes and interactive charts help examine the quotes in...
One piece of advice here- look for a correlation between the out-of-sample, in-sample, and forward testing results. The better the correlation,...
One drawback if I’m asked about this crossover is that it doesn’t work well in a sideways environment showing unprofitable buy and sell signals.
@outhoe you might just end up over-testing or curve fitting buddy and that’s not good. You’d simply optimize the system to 100% profitability on...
Or you can go for forward testing that I feel is a better approach @collinggwoodabram since we get to test the strategy in real time rather than...
@Peter that depends on the market altogether. RSI is suited well for the trending market and stochastics can be best used or applied in sideways...
I’ve been minting greens, courtesy the strategy and platforms that help me align with support and resistance levels on the 15-60 min charts.
Who could forget the Swiss National Bank debacle when it removes the 3 years old peg of the Euro out of the blue. EURCHF saw a new low with the...
Well yeah but I’d rather ask you to stay away from penny stocks. They’re highly illiquid and the chances of making a profit out of them are quite...
Perhaps, also I think it’s to do with thinking that we are invincible. Not like a superhero kind of way :) but we get overconfident. I never got a...
Considering the margin required for short-selling is there in the account, how long do you suggest I can hold a short-sell position?
This is something that totally depends on the trader and the time he can devote. You can opt for scalping or day trading that will require you to...
I suppose CAC 40 is the primary industrial nation’s benchmark stock exchange, and can be a brilliant way to judge the strength of the French...
I second you! Every trader has its specific needs which we cannot put under one umbrella. They are as diverse as the common folks in this world.
Traders need to understand one thing that there’s no uniformity in the trading commissions or fees of brokers universally. There are few that...
This too depends entirely on individual brokers. The minimum amount my broker asks to have is $100 in the account balance. Now, the amount...
You really need to check with your broker or change one entirely. Card withdrawals too don’t take long, in your case 10 days which is quite...
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