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canadam
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Posts by
canadam
im new in forex trading
in
New Traders
Apr 15, 2014 at 19:23
Don't forget to read and check how Forex actually works, in case you are a newbie. You have to actually understand what's going on before trusting your money to any EAs. There are tons of videos, lessons etc. Open a demo account, try to trade yourself.
Contest - sachinkumar
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Trading Systems
Apr 15, 2014 at 19:23
Hey. So lets say somebody trusts you money to trade. How do you see the process of cooperation? Will you provide an Agreement? What is in it for you, a % of profits? What if you lose money?Thanks.
Looking for a good forex broker.. im in Canada
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General
Apr 14, 2014 at 19:01
Try Mayzus Investment Company. I am in Canada and work with them. No limits for residents of Canada.
Broker
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General
Apr 12, 2014 at 07:23
Mayzus offers deposits of $25 and $250, which meets your criteria. Check it up.
What is your Hobby ?
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New Traders
Apr 12, 2014 at 07:23
Travel! All extra money is spent on this hobby, this is why Forex is cool ;) Gives an opportunity to make extra.
Stop Limit (pending) orders only
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Experienced Traders
Apr 12, 2014 at 07:23
Did you guys follow anybody on AutoTrade by myfxbook? Which profitable strategy can we follow?
Leverage
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New Traders
Apr 12, 2014 at 07:23
Or if you don't make money, i.e. make unprofitable decisions, then you lose it faster.
Stop Limit (pending) orders only
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Experienced Traders
Apr 11, 2014 at 08:44
Can you tell more about it?
Overnight Interest
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New Traders
Apr 11, 2014 at 08:44
Hey. Yes, you can make interest, but you can also lose money for carrying a position overnight. It is usually charged/added automatically and depends on where the market moves. Also be careful with leaving positions over the weekend, as market can change significantly and what seemed to be a profit on Friday evening can turn into a big loss on Monday.
Leverage
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New Traders
Apr 11, 2014 at 08:44
Hey, leverage is a ratio that your broker gives you. I.e. if you have $10 and have a leverage 1:10, it means you will trade with $10*10=$100. It can help you to get higher profits, but if you are making bad decisions, you will lose your money faster, so there's always a risk. All reputable brokers warn you about it and suggest to avoid a high leverage. Read some glossaries and see educational videos, a lot of brokers have them, it will be easier to understand then.p.s. You wouldn't lose more than your initial $10 with leverage, i.e. you will not owe a broker, but you can lose the whole...
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