Telegram/ Automated Trading - Options

[Henners123]

Hi All,

I am still getting my head around Telegram signals. I use TelegramFXcopier and subscribe to different channels I could find online.

( Dont judge me, I have a full time job so cant be attached to charts, although one day would like to do full time )

I have collated the last 3 months and the results really vary. Could anyone help with these questions?

- What is the best broker to use ( I use pepperstone, but feel it is limited to FX only - IC has been suggested)
- Should I stick with FX or go into Crypto and stocks too?
- Can anyone suggest a good signal provider ( I dont mind paying to subscribe )
- Can anyone help me with the Entry, TP, SL settings?
- What would you suggest as the best automated SL? ( Trailing, what pips? MA? ATR? Parabolic SAR?)

Many thanks!!

 

[Enivid]

- What is the best broker to use ( I use pepperstone, but feel it is limited to FX only - IC has been suggested)

There is no 'best broker to use'. This depends on what you need from your broker. You take a list of brokers and choose the one that fits your requirements.

- Should I stick with FX or go into Crypto and stocks too?

How do you expect someone who knows nothing of your goals, resources, and skills to answer this?

- Can anyone suggest a good signal provider ( I dont mind paying to subscribe )

Unfortunately, there are no good signal providers.

- Can anyone help me with the Entry, TP, SL settings?

Those should be dictated by your trading strategy. And in case you lack it, by your signal provider.

- What would you suggest as the best automated SL? ( Trailing, what pips? MA? ATR? Parabolic SAR?)

See above.

 

[Marco877]

Go for automated trading when you have good trading EAs. Otherwise, unproven EAs can crash your capital to nothing.