When looking for a broker i look at their reputation, trading condition and tight spread and also i like using bitcoin for deposit and withdrawal because it is very fast and without commission, i am so happy profiforex that i trade with offers it
I have been trading with profiforex for quite sometime now and i can say they are very efficient service. They are good ECN brokers that provide fast execution of trade. I normally experience slippage when I use other broker but now it rarely occurs with profiforex.
The use of market sentiment can be an important tool in trading forex and so the trader should be aware of market sentiments so as to be a able to understand whether trends are set to continue or reverse.
The use of robot is not bad but finding a robot that give 100% is very difficult and can be very very expensive . I prefer trading manually why dont you try manual trading it is very good. You cant compare your brain to a robot.
My favorite broker is profiforex. When trading i use to experience slippage but ever since i started trading with this broker i rarely experience such. And their withdrawal and payment method is very good.
Journal serves as history keeping of your trades it will help summarizes all your trades and it also provides information on what your plans are for each trade. And so it is important for every trader to keep a journal
High market volatility is usually caused by fundamental events and can both be advantage and disadvantage to traders. The higher the volatility the riskier the trading of currency pair. And so it important to be careful in volatility trading.
Switching broker is not ideal thats is why you need to do proper research before trading with a broker . I trade with profiforex and i am very please with their service and i have no reason to change broker.
Being discipline and keeping strictly to plan is very difficult because the forex market movement is not stable , the trend can easily change and so you need to have a plan that works for you to adhere strictly to it.