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First of all, it is necessary to distinguish the regulation of FOREX as operations between banks and regulation of so-called "Forex trading" financial services provided to the retail clients (natural persons). There is no centralized regulation of Forex trading, but national regulators analyse...

Slippage could occur at any market due to the trading specific. But, at the most of the cases, it would be enough to place usual SL orders, as huge price movements causing slippage are quitte rare.

By the way, what is the general vision on EAs based on indicators only? For example, the strategy can use several indicators for each order (e.g. RSI + SMA)

It all depends on what we deem as success. As for me, consistency on small amounts more important, than quick profit. Trading is scalable, so it is important to reach consistency and then try to trade bigger.

Of course, but trader will always keep in mind that these money are not real. To my mind, cent account will be better for such purpose. Demo account suits for manual testing (after automated testing using special software like Forex Teste or something like that), and cent account trading will be...

For sure, real trading is stressful and could be unsuitable for some traders. It all depends on personal attitude to risks.

Demo and real account execution could differ from broker to broker. This is one of the reasons why you should use only your broker`s historical data for backtesting (the most popular backtesting tool, the Forex Tester, allows to do so). That data would be recorded the way your broker does it -...

Trend trading is one of the most important concepts in trading. There are different strategies and trading methods, but each trader should be able to define the trend and take it into account while trading. At the same time, it is important to remember that during the 80% of the time there is...

Hi, Try to find some books about trading and start with studing market fundamentals. Then, when you will know how it all works, it would be easier for you to understand what to do next, to define you personal preferences and find your own way in trading.

For sure, you should start with the education first. As far as I know, there is no way to trade Forex directly unless you are the bank. As it was mentioned before, the trading place on exchange would cost you a lot, and those who need it are not here. It is quite comfortable to trade with the...

It seems that being a professional full-time trader is dream for each part-time "home" trader. It is important to remember that trading is extremely stressful especially when it is a full-time job, so it is suitable not for anyone. To become a full time professional, retail trader needs to: -...

Keep in mind risk management rules and always trade with stops. Always stop trading and take a rest after very profitable trade or a large loss. Write down all the trades to have enough information for analysis.

Great rules! Each is extremely important for profitable trading. The lack of discipline is the most popular reason of underperformance, especially among newbie traders.

For sure, the psychology of trading on live account, even if it is small, differs substancially from the demo trading. At the same time, the trader should trade o demo first, to get familiar with the platform, and obtain necessary experience. To my mind, the steps should be following: - demo...

As trader should know a lot about financial market in general, a lot of interesting information could be found on different free educational platforms like Coursera. Another point is that there many books available within the internet, so it would be better to focus on self-education rather...

For sure, capital management includes various aspects. First of all, just as it was mentioned above, you should always use SL. Next important thing is to pay attention to the ratios: the win rate and the risk-reward ratio. Both of them define whethter the strategy would be profitable or not. To...

Leverage allows trader to keep smaller amount of money on his account to reduce non-market risks. For example, you can place 30% of your initial deposit on your trading account and leave the rest 70% on your bank account. Such approach could save your money in case of fraud or broker`s default.

Price Action gives more information, than candle analysis, allowing to create more complicated strategies. At the same time, it is possible to backtest PA-based strategies, which is impossible for fundamental ones. For example, we can create some patterns and check their performance using...

The main advantage of using leverage is that you can keep less money on your account. For example, you have certain amount to start trading. Using leverage, you can place on you acccount only 30% of the initial deposit, while leaving the rest 70% on your bank account. The approach like that can...

Thank you for such interesting information. I think it will be very useful both for newbie traders and experienced ones.