In a way, it is! But don’t you think that it fills new traders with unrealistic expectations?
It does for majors and minors of course if it helps in chart pattern recognition for exotics. That’s my latest interest area these days and...
Heard about autochartist? That’s the chart pattern software I use for scanning trading instruments and recognizing the trade set-ups depending on...
I’m really fed up with my broker and his hard and fast rules. He allows me to place a stop loss at a swing of 10%.
The bid-ask spreads and competitive forward rates are fairly attractive, but don’t forget you’re competing here against the sophisticated trading...
Is there any minimum deposit fee we have to pay to the broker?
Well partially true buddy. Check out with your broker regarding his margin policies and requirements and simply adjust your money and risk...
Set your risk limit per trade and the percentage or Dollar amount you’re willing to risk for each trade. Hypothetically speaking, if you have a...
Mine is a different story here and learned my trading lesson the hard way. Started off with the same currency pairs full-time and realized that...
Good going bro!
Quitting is never a solution Paul! One should just see it as a signal to make your trading plan, and particularly your risk management plan more...
I agree with this.
Hahaha ya, and that’s not me. I have thankfully been able to see some better days because of the additional income that I’m making from trading. I...
I believe we do have the option to buy inexpensive stocks using a margin, the point is whether we are willing to take the risk. Let’s not forget...
Does anyone remember what happened in 2007-08, I shudder to think the number of margin calls that investors would have got.
Without technical analysis trading cannot happen; in the sense automated trading is also somewhat manual because we as a trader define the...
I like mixing a few strategies and experimenting with them so that works well for me.
Yeah I have learnt a ton of things through demo trading. I was using a day trading strategy and I wanted to learn the details of moving averages....
Many people neglect the positive side of things because they have only dealt with negative sides. I suppose not everything works for everyone.
Market depth is a good measure to determine where the price of the security will be going, whether it is on the higher side or the lower side. I...
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