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New Traders Forum

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Help!

By Barka1987 Nov 29 at 05:26

You can set up pending orders, with SL or TP at roughly same distance, then just hover curser over the SL/TP and it'll tell you the value of such a move against you, prior to opening trade. FInd out that way should you be concerned. Just make sure then to cancel your pending order after you've got value, as you don't want your pend...

3 Replies 59 Views

Last post by Niallaght 7 hours ago

Why on the news calendar have the different name and flag?

By KazeKitsune Nov 20 at 08:26

Thanks. I always wondered that as well

2 Replies 68 Views

Last post by FrozenIcecream 20 hours ago

The questions/problems most new traders will encounter

By alexml Oct 20 at 10:18

main problem traders have is risking too much money. Losing a few trades and wiping out their account,

12 Replies 176 Views

Last post by FrozenIcecream 20 hours ago

Lot Size

By sshweky Nov 09 at 18:49

Nice work on the 4% gain! If purchases aren't scaling, adjust position sizing settings that match your risk-to-reward range. Another reason might be marked-up spreads. You can reach out to your broker's website if they have raw spreads or marked up. Or check out options like fxview, and ic markets known for tight spreads on all instruments...

8 Replies 189 Views

Last post by derrik_56 Nov 29 at 10:38

New trader

By sovy Nov 02 at 16:11

6 Replies 134 Views

Last post by sovy Nov 29 at 10:34

New to the game

By Charlie1999 Feb 04, 2022 at 06:17

Solid advice. Knowing how to trade can also give you insight of when to turn off your EA or how to recuperate big drawdowns

11 Replies 559 Views

Last post by WPATGlobal Nov 29 at 09:18

Complete newbie looking for advice

By GaryEvanson Jul 14 at 09:33

Hello Gary! As you kick off, prioritize learning the basics – check out places like Babypips for a solid start. When picking a broker, go for the reputable ones. Begin with a small account to get the hang of things without risking too much. Make risk management your buddy – set stop-loss orders and stick to a clear risk-reward ratio. Ex...

2 Replies 192 Views

Last post by Dave_Franco Nov 29 at 06:15

Retracement

By HanozKapadia Sep 22 at 05:06

You can use forexfactory or investing.com

2 Replies 147 Views

Last post by jimmydandy1 Nov 28 at 17:23

Looking to partner with someone with an FTMO account

By forex_trader_3515007 Nov 28 at 07:30

Well nice. If you have account I can Trade it for you

2 Replies 59 Views

Last post by jimmydandy1 Nov 28 at 17:22

Initial Margin high compared to market value, why?

By mtwom Nov 19 at 18:25

Often commission is paid when you open a trade AND when you close a trade

5 Replies 74 Views

Last post by Hannibal55 Nov 22 at 14:48

Question about fees on leveraged trades

By nier22 Aug 05 at 09:53

There are indeed islamic (or swap free) accounts offered by some brokers like Hotforex, Tickmill etc. You're not charged nor credited swaps if you hold positions overnight in these accounts. Leverage for intraday trades is free means you only pay spreads to enter/exit trade.

5 Replies 190 Views

Last post by bardachok Nov 14 at 08:55

WHAT'S YOUR TRADING PHILOSOPHY?

By Felipersa Oct 22 at 22:42

Never SELL in an uptrend market, never BUY in a DOWNTREND Market...identify and FOLLOW the TREND wisely.

6 Replies 174 Views

Last post by Henkelnwa Nov 13 at 19:54

Elliot Theory Wave - Complicated or Uncomplicated

By Waveology Nov 13 at 05:18

I've been learning EWT (Elliot Wave Theory) for nearly 3.5 years and I can proudly say it was the best decision of my trading career. Many people always look at EWT and find it complicated to understand. However, most of these traders have only looked at 1 video and thats it. If you are trying to get good at something, it always requires time, ...

0 Replies 62 Views

Last post by Waveology Nov 13 at 05:18

1:200 leverage

By Mohammadi Mar 12, 2019 at 09:32

Hi sir. I am a newbie trader. I use smallest risk that allows me to make money i can use and grow. Key is smallest risk with least capital which allows you more than 1 trade but not too much.

76 Replies 3,427 Views

Last post by sovy Nov 07 at 09:22

How to read news???

By Ellioleary Sep 13 at 11:41

Whether USD will go up or down depends on how the data compares to the EXPECTED results (not necessarily the previous month result). If the data is better than expectation then USD will rise, if it is worse then it will fall

6 Replies 313 Views

Last post by SauloRom111 Nov 06 at 14:47

Looking for advice regarding strategy

By Sailenced Oct 26 at 03:11

Developing your own strategy is so hard. It is easier to find a pro trader and copy their strategy

6 Replies 185 Views

Last post by SauloRom111 Nov 06 at 14:45

Best propfirm or fund provided company?

By Services247 Nov 02 at 06:48

Which is the best propfirm according to your experience?

0 Replies 90 Views

Last post by Services247 Nov 02 at 06:48

Just a new trader question

By SIres Oct 07 at 17:14

Thx for this post, picked up some useful information without even flipping through hundreds of posts :D

12 Replies 275 Views

Last post by Quius Nov 01 at 15:23

Why are overnight swaps so different between brokers?

By koliwe Oct 29 at 08:22

I have checked swap pricing and the differences are tremendous: https://www.myfxbook.com/forex-broker-swapsFurther away from most common pairs, the worse it is. Some are 20x higher than others, in some cases rates are negative for some broker-dealers and positive for others... There is no indication on for how long such swap rates could persist and...

0 Replies 75 Views

Last post by koliwe Oct 29 at 08:22

Earn Less but without loss.

By seepanmol786 Sep 18 at 04:57

Certainly! If you're looking to earn less but without incurring any losses, you might want to consider a conservative investment approach. Copy trading allows investors to replicate the strategies of experienced traders, potentially reducing risk and enhancing their chances of success. Option could be to explore a platform like naga, pelican or...

2 Replies 249 Views

Last post by LeslieRuiz Oct 26 at 04:28

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