forexcyborg posted:hi forexcyborg i have an issue with my ea it apperas in trading status waiting for the trade timeframe but im already in 15 min chart and dont start trading what can i doMohammadi posted:
I have seen mostly brokers don’t allow scalping in their trading platforms. So we the traders who are particularly scalpers have to choose our broker carefully. First of all we have to ensure brokers trading spreads , actually without lowest trading spreads that’s not possible at all to make profit with certainly in spite of having good trading knowledge .
Only MM (=Market Makers) broker would not allow scalping. Better avoid such brokers and search for real A-Book brokers with low trading costs.
I think most of the traders fail because of their wrong choice of brokers. Though you have a lot of knowledge about forex, a wrong broker can put you in danger. I am trading for a long time. In the very beginning, I faced so many problems to choose my broker. I was searching for an advisor who can suggest me a good broker.
As a beginer, you do not need to have much capital in your trading account yet. Even if you have a lot, never trade with all your capital at once. Learn as much as possible about risk management, and do not risk a high percentage of your trading capital at any given time
The whole secret is only to remember your preferences and stick to your strategy even when you really want to sin and break all the rules. It seems to me that the accuracy and literacy of the work can ensure a positive result - everything else.... is just luck...
Yozuru posted:
The whole secret is only to remember your preferences and stick to your strategy even when you really want to sin and break all the rules. It seems to me that the accuracy and literacy of the work can ensure a positive result - everything else.... is just luck...
just find a way to control your mind, especially greedy mind.
PeteLanceley
Member Since Nov 06, 2018
48 posts
Mar 09 2020 at 23:44
Forex is 20% strategy and 80% mind set. Risk management and risk/reward is key!
if you are a newcomer , i request dont skip anything ,
is all important for you to bring good experience as a newbie. so, focus on there with regular practice.
is all important for you to bring good experience as a newbie. so, focus on there with regular practice.
Research broker, open a demo account, understand commissions and spreads, understand various levels of accounts, create a basic trading plan, develop an exit strategy, determine your risk tolerance and protect yourself.