Forex market

May 01, 2022 at 08:27
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4 Replies
Member Since Dec 10, 2020   3 posts
May 01, 2022 at 08:27
hello everyone, I'm not new in this market I have distanced myself from when I tried manually and I lost 10k euros.
now I have been getting closer for a year part time and for 6 months all day. I tried different robots in demo but obviously while you gain then you lose, I tried wavebasis and other ways. Question what is the way to trade without big risks, can I buy signals is this the right way? Thank you all.
Sergio
Member Since Apr 05, 2021   29 posts
May 01, 2022 at 10:10
Buying signals for manual trading or copy trading?
Signals for manual trading is a good solution for learning and finding strategies that suit you. There are many good signals providers out there, though it is not easy to get their results because of execution time, broker conditions ++
Signals for copying trades (as MyfxBook also provides) are products that attract attention when they have high profits, so these products are usually high risk. And if there is a fixed price instead of performance-based as in most PAMM/MAM solutions, you need a bigger investment to keep costs down. Most signal platforms, such as MyfxBook, do not allow high leverage accounts, which keep risks down.
My personal choice is PAMM/MAM solutions. Providers of these are not as easy to find, but with these solutions, it is easier to connect with the actual trader, and I believe that is important when it comes to transparency, disclosing strategies and risk management.
If you choose a performance fee-based provider, make sure they use the high-water mark principle.
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
Member Since May 29, 2020   3 posts
May 01, 2022 at 11:00
Hi there

I had a similar experience as yours when i was just getting started too


Regards
Your Partner in Success
Member Since Apr 03, 2021   470 posts
May 01, 2022 at 22:07
The main point is found profitable signal if want to make good profit, or looking good PAMM trader with long time reputable trader that able generate regular profit with low drawdown, forex I think is flexible, we can treat as part-time and spent money that affords to lose, diversify capital also can be used to invest on another asset, mutual funds or crypto-asset now mushrooming and become popular.
Member Since Aug 10, 2021   178 posts
May 02, 2022 at 01:27
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