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New Traders Forum

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new trader

By chems18 Jan 05, 2024 at 19:12

hi sir how are you

2 Replies 414 Views

Last post by Anees123 Jan 24, 2024 at 04:08

I am a beginner and do not understand anything about Forex and CFDs.

By kolesnikoff Dec 13, 2023 at 15:00

Stay away from robots until you are more knowledgeable. Focus on learning about FX and how to trade (on demo) first. Don't worry about trying to earn money. The first few months should all be about learning

11 Replies 919 Views

Last post by master800ve Jan 15, 2024 at 16:50

NEW TO TRADING

By cashonmymind Jan 22, 2021 at 17:43

I too found it very hard to find an edge. But it can be done, once you find something that works, stick with it. Perfect it and focus on the best markets. I also only risk 1%

79 Replies 4,803 Views

Last post by GreenMo Jan 10, 2024 at 12:05

TOTAL LOST

By solofx222 Jan 09, 2024 at 07:47

So many has lost their trading funds in 2 days since yesterday because of GOLD(XAUUSD).Gold price has been manipulated by "some(hypocrite)" to trap traders with small fund account and causing their trading fund with $0.

0 Replies 328 Views

Last post by solofx222 Jan 09, 2024 at 07:47

How do I get the advanced features of the backtest in MT4?

By asangaw Dec 30, 2023 at 14:03

I have tried many ways to get the highlighted features in my MT4 back tester. I have reinstalled the MT4 from my broker and tried also with other brokers to check whether there is a fault with my broker server. But still, I could not get these features. I have attached two images from my back tester and the advanced features I need in the back test...

0 Replies 311 Views

Last post by asangaw Dec 30, 2023 at 14:03

Learning Forex Trading

By markjasonmanikan Jul 08, 2015 at 06:17

Thankfully, you don't need to go to a university to learn everything about forex. Resources like Babypips, Investopedia and MyTradingSkills are all good places to start or refresh. With this foundation, you can get better through personal experience (along with, if you're lucky, a good mentor).

133 Replies 7,858 Views

Last post by lowendtheorist Dec 30, 2023 at 11:25

New trader

By sovy Nov 02, 2023 at 16:11

Hey Sovy!Welcome to the Community!We are here to help!

7 Replies 558 Views

Last post by master800ve Dec 29, 2023 at 18:26

Trade gold

By delafuente993 Dec 29, 2023 at 10:33

Gold is a ponzi.. just think of it as going to the casino.. you either win or lose!

4 Replies 385 Views

Last post by Niallaght Dec 29, 2023 at 22:22

Complete newbie looking for advice

By GaryEvanson Jul 14, 2023 at 09:33

Embarking on a journey into the world of forex trading as a complete newbie can be both exciting and overwhelming. The foreign exchange market, with its dynamic nature and potential for profit, is a realm that demands careful navigation and continuous learning.First and foremost, educate yourself thoroughly. Understand the basics of forex trading, ...

3 Replies 676 Views

Last post by Williamfreed Dec 17, 2023 at 02:26

Looking for FCA regulated brokers

By flyingtiger Dec 10, 2023 at 07:24

Hi, I have been practicing FX day trading on demo from past few months and have tried and tested the strategies I want to work with. As my strategies are working out well and I can see profit in my demo account, I am looking to open a live account with a FCA regulated broker.To my surprise, every broker I have checked on reviews website, got many i...

0 Replies 387 Views

Last post by flyingtiger Dec 10, 2023 at 07:24

Help!

By Barka1987 Nov 29, 2023 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 417 Views

Last post by Niallaght Dec 06, 2023 at 23:36

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

By KazeKitsune Nov 20, 2023 at 08:26

Thanks. I always wondered that as well

2 Replies 410 Views

Last post by FrozenIcecream Dec 06, 2023 at 10:15

The questions/problems most new traders will encounter

By alexml Oct 20, 2023 at 10:18

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

12 Replies 692 Views

Last post by FrozenIcecream Dec 06, 2023 at 10:14

Lot Size

By sshweky Nov 09, 2023 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 610 Views

Last post by derrik_56 Nov 29, 2023 at 10:38

Retracement

By HanozKapadia Sep 22, 2023 at 05:06

You can use forexfactory or investing.com

2 Replies 475 Views

Last post by jimmydandy1 Nov 28, 2023 at 17:23

Looking to partner with someone with an FTMO account

By forex_trader_3515007 Nov 28, 2023 at 07:30

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

2 Replies 510 Views

Last post by jimmydandy1 Nov 28, 2023 at 17:22

Initial Margin high compared to market value, why?

By mtwom Nov 19, 2023 at 18:25

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

5 Replies 478 Views

Last post by Hannibal55 Nov 22, 2023 at 14:48

Question about fees on leveraged trades

By nier22 Aug 05, 2023 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 624 Views

Last post by bardachok Nov 14, 2023 at 08:55

Looking for advice regarding strategy

By Sailenced Oct 26, 2023 at 03:11

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

6 Replies 628 Views

Last post by SauloRom111 Nov 06, 2023 at 14:45

Best propfirm or fund provided company?

By Services247 Nov 02, 2023 at 06:48

Which is the best propfirm according to your experience?

0 Replies 345 Views

Last post by Services247 Nov 02, 2023 at 06:48

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.