What trade size and leverage to use in forex?
fafduplesis
Membre depuis Nov 12, 2020
22 messages
Jan 13 at 12:51
Mitchelsantner posted:marktaylor posted:Mitchelsantner posted:
For me it’s fxview and forex4you that works. Started with the cent account of forex4you and eventually invested the profits out of it on fxview. Wanted to try a different ecn environment and platform (mt5).
And also forex4you gives fixed spreads, that was my reason for switching to forex.com. A good broker otherwise.
True! With so many cent account holders on this platform, the transaction volume with them is something. Guess it's their credibility over last 15 odd years.
Does it offer vps?
cardigan
Membre depuis Jul 27, 2020
84 messages
Jan 14 at 07:26
fafduplesis posted:
Does it offer vps?
If you are referring to fxview, then yes they offer affordable prices for VPS. You can check out in here: https://fxview.com/vps
For Forex4you, I couldn’t find it on their website and FAQ. I hope someone can share it if they find it.
Mitchelsantner
Membre depuis Oct 13, 2020
32 messages
Jan 14 at 10:09
fafduplesis posted:Mitchelsantner posted:marktaylor posted:Mitchelsantner posted:
For me it’s fxview and forex4you that works. Started with the cent account of forex4you and eventually invested the profits out of it on fxview. Wanted to try a different ecn environment and platform (mt5).
And also forex4you gives fixed spreads, that was my reason for switching to forex.com. A good broker otherwise.
True! With so many cent account holders on this platform, the transaction volume with them is something. Guess it's their credibility over last 15 odd years.
Does it offer vps?
No but my other broker fxview does. Not been paying anything extra for it ever since my trading balance has been more than 5k.
Numeromatt
Membre depuis Jun 29, 2020
31 messages
Jan 14 at 12:25
Leverage is a good option to use, don’t listen to those telling you that it should be avoided.
Gareylinn509
Membre depuis Nov 07, 2020
30 messages
Jan 14 at 12:44
Numeromatt posted:
Leverage is a good option to use, don’t listen to those telling you that it should be avoided.
I don’t think that’s a very sound advice to be given to someone, leverage is a double edged sword, and more often than not, it proves to be on the wrong side of traders. Newbies are just greedy to make a quick buck and end up losing all their money, thanks to leverage.
almfx
Membre depuis Feb 13, 2017
219 messages
Jan 14 at 19:02
Kylealker87 posted:
Nano/micro/mini lot with less risks. Looking for suggestions!
This is an incomprehensible and clichéd question, Try to learn risk management.
Calacti
Membre depuis Jun 17, 2020
33 messages
Jan 15 at 05:43
There’s no harm in using leverage as long as one is able to predict the trend and use margin only on absolutely safe trades. I make use of pivot points and bollinger bands, and sometimes keltner to predict the price move and when it seems sure that I will have a winning trade I make use of leverage offered by my brokers avatrade and fxview to open my position. And on majority of these occasions I have been right. So I will never be against the use of leverage.
Kylealker87
Membre depuis Nov 11, 2020
33 messages
Jan 15 at 12:49
cardigan posted:fafduplesis posted:
Does it offer vps?
If you are referring to fxview, then yes they offer affordable prices for VPS. You can check out in here: https://fxview.com/vps
For Forex4you, I couldn’t find it on their website and FAQ. I hope someone can share it if they find it.
How important would you consider vps to be for a trader?
Kylealker87
Membre depuis Nov 11, 2020
33 messages
Jan 15 at 12:51
almfx posted:Kylealker87 posted:
Nano/micro/mini lot with less risks. Looking for suggestions!
This is an incomprehensible and clichéd question, Try to learn risk management.
I am working on that, but I feel knowing others opinions, thoughts on various aspects only helps, never harms.