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PrivilegeToExist
Broker choice
in
Neue Trader
May 30, 2018 at 09:53
You may be right. Anyway, my experiences so far:I've made many deposits and withdrawals (even complete withdrawal (except Cent) by now, need more experience) with FXTM, no problems. (There were no profit-withdrawals.)I frequently talk to live-support of "all" "my" brokers and others, in no case (incl. FXTM) did I experience arrogance or was not sufficiently informed (as far as I can tell), it was also always fast.Bankruptcy should not be a danger if each customer account is insured up to e.g. €50,000 as some regulators require.
Broker choice
in
Neue Trader
May 29, 2018 at 11:10
What does "russian broker" mean? Do you mean the origin of the company? What about being regulated (like FXTM is)?
Broker choice
in
Neue Trader
May 28, 2018 at 12:21
I write of them from experience, not as advertisement. The only others I have personal experience with are Trading212 and IG. Of these, FXTM is the best from a trading perspective, though IG is a close second, mostly because of their remarkable web platform.
Broker choice
in
Neue Trader
May 28, 2018 at 12:21
ForexTime allows scalping, hedging, has optionally swap-free accounts (for everybody), true negative balance protection (at least in Germany, check if your country too), and relatively low spreads (e.g. EUR/USD often 0.3 pips) for their "ECN" accounts, which in turn come with $4 commission per lot. Wider spreads but no commission on standard accounts. They also have Cent accounts, spread is even wider there.
Broker choice
in
Neue Trader
May 21, 2018 at 12:13
Just make sure that *if* you read a broker recommendation, and it's not a very custom comment like you find e.g. on Reddit but could instead be generic, Google it. You'll be surprised how often you find the same text for a different broker. Which, in turn, needn't mean that those brokers are bad, even though *someone* obviously paid for those fake reviews.
Demo trading
in
Neue Trader
May 18, 2018 at 12:18
Clarification: I mean this not as a long term strategy, where you *eventually* switch to a live account, but as a daily routine. Good morning. Open demo. Pick instrument. Trade, again and again, but tiny. Get in the flow. If that works, slowly scale up. If that works, switch to live but again tiny. Realign with the flow. Slowly scale up. Next day: GOTO 10
Show higher avatar resolution on high dpi screens (typically 4K)
in
Vorschlagkasten
May 18, 2018 at 12:18
See title. More elaborate:When I view this site on a 4K screen with 200% desktop scaling (Browser scaling 100%.), the avatars are upscaled and look ugly. That's not necessary. A website can adapt to this by showing a higher resolution variant.I know, it's minor, functionality first, bandwidth etc., but it's something to consider.
Broker choice
in
Neue Trader
May 18, 2018 at 12:18
Wait. Confused. TickMill DOES offer negative balance protection. But I won't consider them because for no-swap, you have to show your Voldemort-card.
Broker choice
in
Neue Trader
May 18, 2018 at 12:18
I looked at IC Markets (also today at TickMill) due to low spreads, but they do not offer Negative Balance Protection, and I'm not gonna risk that.I'm otherwise with Trading212, IG, and Forextime (in order of narrowing spreads, in the case of EUR/USD that's 0.9 0.6 0.3 pips, where 0.3 FXTM is an """ECN""" account (don't know if *real* ECN)), who all guarantee Negative Balance Protection, at least for me as a German customer, so don't blindly rely on this statement. (Shouldn't, anyway.)FXTM offer the swap-free option to *all* person, so you ...
Demo trading
in
Neue Trader
May 17, 2018 at 12:40
Forgot to say: First bet is random. Being in the (demo) trade makes you give a crap, so your mind aligns more fervently. Next bet is therefore less random. And so forth. So, this wasn't meant for only one trade.
Demo trading
in
Neue Trader
May 17, 2018 at 12:40
Random multi-per-day strategy I thought of this morning - "get-in-the-flow" (I'm still beginner):1) Use demo account. Pick one instrument, e.g. EUR/USD due to low spread, or one that you fancy because of its moves.2) Bet the smallest size (i.e. 0.01 lot) up or down, doesn't matter, except if you already have a good hunch, then pick that one.3) If you're wrong, cut your loss quickly. If you're right, try to get a stop-loss at break-even and adjust it a few times in positive direction, but leave breathing room.4) THE IDEA IS that by playing only that one instrument, you...
Demo trading
in
Neue Trader
May 15, 2018 at 14:41
@ComebackKing You're forgetting that a demo account doesn't have real money. So, you can't make money with it.I'm kidding, man.
Demo trading
in
Neue Trader
May 11, 2018 at 08:53
I guess it kinda *has to be* like this: Toy in Demo, go Live ... and lose cash. Because the mind is in a completely wrong place. Demo is great, at all times (not just beginning), but there's no way around Live to get ready for Live.Good thing there are possibilities: 1) Use the smallest lot size (0.01) in Live. If your broker's minimum is larger, use a different broker as a beginner! (E.g. I started with Trading 212, which is nice, no reason to complain, but their min is 0.05 for most pairs; swap is very tiny; spread is ok, but is better on IG and even better on FXTM; these are all I t...
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