In my opinion, there are many other factors that cost us money beside the slippage. Okay, if there is no slippage, then the broker may requote or widen the spread. As far as I know, slippage could occur when there is high volatility or you use EA that sends thousand of messages to the servers of...
This is definitely possible. The problem is to save your profits in the long-term. Of course this % profit is made by using indices and high leverage. This is risky.
There are hours when the market is much more volatile. When the US and EU sessions start for example. Higher volatility = higher profits. Also if you use technical analysis you cannot trade when news are released. I prefer not to trade on Monday because there are participants who are still...
You made some good points. I had been making this mistakes in the beginning but learned to set target and always rely on them . Of course, it is important to keep watching for new that may affect your targets and to close the position before the target level have been reached.
Hey guys,
I want to use PAMM account but I was wondering, is a specific license needed to managethe money of other people ? Is there anyone who knows this ? Please, let me know if there any other restrictions . I will appreciate your answers.
It is very difficult to stay profitable in the long – term. It is better on fix your trading style on strong signals and never allow your emotion to make you lose more then you can afford.
Please learn that leverage in this type of trading (FOREX Margin trading) has nothing to do with risk. The risk increases when you open too big position for your account which can happen by using leverage from your broker. Actually, the term “leverage” is not used only in this FOREX trading...
I totally disagree that MAs are not useful. The problem is that all traders are strictly following the rule that when two or more MAs cross each other then this is an opportunity for reversal. You should look outside box. I use the MAs in a different way with some other indicators such as...
I think that a reasonable target of the gold price is 1700 but 1800 is quite unsafe target. I would prefer short term trading for this financial instrument.
I was trading with FXPro long time ago and not sure whether I was using normal or ECN trading. Presently, I am using the Level2 module of DF Markets, which is an ECN-STP and I really get used to their platform and I was also received switch broker bonus. The execution speed is very fast and...
Nice post, thanks!
I really like trading the divergence especially when there is pattern such as head and should, double/triple bottom and etc.
Good Luck!
Hey,
I prefer to have 2-3 big trade per month. This way I have more confidence because I wait for good signals and enter the market with big money.
Good Luck
ECN-STP brokers are the best. They offer great spreads and you can see the market in-depth. It is non-dealing desk ! Most brokers have small commissions for compensation.
Take care!
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