Now that you’re into exotics try USDRUB too. It’s the most volatile pair moving at the average daily range of 4208 pips.
It’s true that tiktok and youtube videos have become quite popular among people. But I don’t think that any sensible trader would trust them...
Well, yes! Pivot points work great in the way that they help determine levels in which the market sentiment can take a turn that you weren’t...
Also I would add that in case the closed or open position losses exceed the dollar amount, it’s better you close all the trades and stop trading...
Try the 3% rule as your maximum loss for the day. You can reduce this amount if you wish but just try to stick around the 3%.
Obviously. How do you expect to start an account without depositing any amount? The ideal part however is that with brokers like fxview, xm, you...
Absolutely true. I also look out at the deposit and withdrawal policies of the brokers. Like xm has so far topped the charts for making the...
Know that there isn’t any technical tool that can forecast the market with certainty. I’ve been trading for decades now with fxview and xm, and...
Nope Cortney, they don’t come with an expiry date. Try them till the time you’re confident to trade live. You will just have to recreate the...
So could you tell whether they offer fixed or variable spreads? Looking forward to making a swap from the one I’m trading with.
Brokers! I am never comfortable putting all my money with just 1 broker. XM and fxview are the ones I am using as of now.
I have to disagree with you. It is not like demos don’t serve any purpose at all. Like I’ve been trading on them with XM and Fxview for some time...
Oh no! Overtrading is a very dangerous thing. Try to stay away from that even if it’s on a demo account.
There is a commission charge involved ($2) but I have calculated that paying $2 for round trade works cheaper than wide spreads. Especially for...
@Kagisopeter That is indeed a lot. In peak hours I have been trading with 0 pips.
These margin calls can really suck I know, but don’t worry. Losses and profit are part of a traders life.
RH does not offer forex
Botsmaro! Not a problem, good luck.
I try not to go beyond 1% of my trades. I suppose it differs for different levels of traders.
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