Telegram/ Automated Trading - Options

Henners123

Newbie
Jan 12, 2023
4
3
3
41
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

Administrator
Staff member
Nov 30, 2008
18,534
1,355
144
Odesa
www.earnforex.com
- 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

Banned
Aug 26, 2022
53
13
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Go for automated trading when you have good trading EAs. Otherwise, unproven EAs can crash your capital to nothing.