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Reasons why you should NOT trade cryptocurrencies
in
Crypto
Sep 04, 2018 at 08:04
This is why too many brokers directly don't accept US clients :)
Which Spreads ?
in
New Traders
Sep 04, 2018 at 08:03
Thank you for the link bro :) Very useful and well explained. Regards.
Need an advice
in
New Traders
Sep 04, 2018 at 08:00
Good points Carlos. Providing NDD execution + singup bonuses is not good idea :D Everyone will know that this is scam or Market Maker... Additionally, you are right- if the broker is not regulated from big and trusted authority- stay away :)
Choosing the Right Broker
in
General
Aug 16, 2018 at 14:39
Indeed, I am sure that there are such brokers...I think before start testing on demo some broker, it is important to ask their customer support, if their demo and live conditions are the same. If they confirm that, it will be good reason for start testing on demo. Then only the slippage will be the different factor, because there is not a slippage on demo :)
Choosing the Right Broker
in
General
Aug 13, 2018 at 15:01
Thank you mate :) Yes, there is no better advice for a trader from that "what he will see with his own eyes". Internet is the best advisor, you just have to spend some time to take them correctly :)
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Aug 09, 2018 at 13:04
Surely, there are many users, which are newbies here but not new in the trading sector But if someone is newbie in the both places, should be careful with which instruments he will start trading :)
Choosing the Right Broker
in
General
Aug 09, 2018 at 12:56
Indeed, but when you start testing them on demo, it is important to be patient and consistent. Many people, when see some profit at the last 2-3 days says: "Omg, I am ready. I am starting on live now..." :D
How long on a demo account
in
New Traders
Aug 07, 2018 at 13:10
Congratulations for the patience mate :) Many people are impatient and can't wait for one year testing. Actually, after the first year testing and learning the things begin to get clear :)
How long on a demo account
in
New Traders
Aug 07, 2018 at 13:07
Yeah, the spread is one of most important things in regard of activation of your TP and SL. If you use an EA, the spread will be one of most important thing for the overall performance of the EA. As I mentioned on my previous post, if the spread is wider- the SL will be activated early / you will have a bigger chance to skip activating of the TP (because of the wider spread). This is why, my point is, that it is better to use interbank core spreads + commission, instead wider spreads without commission.
Need an advice
in
New Traders
Aug 02, 2018 at 14:02
Yeah, this name is new for me as well. If you are newbie, it will be good to try with some well-known and trusted broker in order to avoid any negative surprises. You could type in internet something like "the best forex brokers" and you will see many useful lists and comparisons. Depending on your research and comparisons you could select any broker according your trading style. For example, some traders are looking for commission based brokers, providing interbank core spreads. Or other traders prefers to be without commission, however on wider spreads... :) Let me know if you need...
How long on a demo account
in
New Traders
Jul 31, 2018 at 14:51
The commissions are important part of every system and strategy :) Lets say you are using an Expert Advisor on a commission based broker, providing interbank core spreads. The Take Profit of the EA will be activated early because of tight spread / or the Stop Loss will be activated bit later because of tight spread. Generally this could be helpful for the overall performance and more profitable. On the second scenario: you are trading on marked-up spreads, without commission. In such case, it could take more time to be activated the TP (because of wider spread) / or the SL can be activated ear...
Which Spreads ?
in
New Traders
Jul 31, 2018 at 14:50
Well said and true :) Floating spread + separately charged commission is great sign for the broker, that he doesn't win from the traders loses, just from commissions.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Jul 31, 2018 at 14:49
Probably he means, that 80% of users here are new registered accounts (in the last 3 months). If these new registered accounts are newbies in the forex industry as well, it will be too risky for them to trade crypto :)
How long on a demo account
in
New Traders
Jul 26, 2018 at 12:22
I am fan of such type of working model. I think, it is better to give some money for commission but trade on 0,1-0,2 pips spread, instead trading on 1,1-1,2 pips spread without commission :)
Choosing the Right Broker
in
General
Jul 24, 2018 at 12:18
Actually, this is not too hard. You just have to spend some time to make the needed comparisons between trading conditions of the preferred brokers. You have to compare their execution & agency models, account types, spreads, commissions, minimum deposit, leverages, and etc... When the comparison finishes, select the brokers with the best looking trading conditions and open demo accounts with them to try their systems. Additionally, you have to find some opinions for the preferred brokers in the internet / forums. Finally, qualify the broker with best trading conditions + best received opi...
Which Spreads ?
in
New Traders
Jul 24, 2018 at 12:17
Yeah, but it is not easy to find them. There is not a broker that will tell you "I am a market maker" :) But there are some signs to find which brokers are market makers and which- not. One of the most important things is the "Execution model". Before starting using any broker, every trader should know what is the execution model of the preferred broker. For example, if the execution model is "NDD DMA/STP" this means, that the broker don't have Dealing Desk and provides Direct Market Access / Straight Trough Process, therefore such brokers aren't market ma...
How long on a demo account
in
New Traders
Jul 23, 2018 at 15:02
Hey olivia, in regard of your micro account recommendation: Yes the idea is good- with micro account the money value is smaller, so probably the looses will be smaller, but the profit will be smaller as well :) So if you don't have any aggressive money maker strategy- you can trade few months for 1-2 $ profit/lose :D Additionally, I noticed, that almost always the micro accounts are provided with worse conditions. Almost every broker providing micro account- the offered spreads are starting from 1 pip+... So generally, I think micro trading is wasting of time on bad conditions :) I prefer ...
Show your profitable account here.
in
General
Jul 18, 2018 at 14:36
He's one of the great people around here. ;) Keep an eye on him.
Can forex trading make you rich ?
in
General
Jul 16, 2018 at 11:41
Yea, I like this kind of screenshot :) Can you share more info about this system ?
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Jul 11, 2018 at 15:01
The cryptocurrencies are high-risk trading instruments. This is why the spreads usually are very wide and the margin is too high. Not in my style :)
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