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Posts by forex_trader_436974
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Emotion in Forex trading
in
General
Apr 05, 2019 at 06:22
In my experience, patience is the most important "emotion" when using an automated system. Any system will hit bumps in the road, but if you have history with a system and it's always managed to get through the bumps, have patience and stick with it.
Demo trading
in
New Traders
Mar 14, 2019 at 07:22
Until you start making money consistently. Once that happens it's tough to stay in demo. You start thinking "I could be making real money!"
Show your profitable account here.
in
General
Jan 31, 2019 at 07:23
$1,000,000 deposit? I'm so jealous!
Demo trading
in
New Traders
Jan 29, 2019 at 07:42
A demo account is equally important for testing a robot. The trick is knowing a good robot vs. a bad. If it's a commercial robot you can't go by their web page. ALL robots claim they will make MILLIONS with ZERO risk!! Even if you get one with good reviews on 3rd party sites, like MyFXBook, you'll still want to test for several months minimum. I know of no robots that don't have a weakness. The difference between a good robot and a bad is how easily that weakness is manifested.
Choosing the Right Broker
in
General
Jan 24, 2019 at 08:38
Is that good or bad?
Choosing the Right Broker
in
General
Jan 23, 2019 at 07:41
There are a few that accept US traders. FX Choice is one which is why I'm interested in them.
Choosing the Right Broker
in
General
Jan 23, 2019 at 07:41
I wish I knew. I think it's that "we know better than you so we need to protect you from yourself" attitude.
Choosing the Right Broker
in
General
Jan 22, 2019 at 07:49
I'm from the U.S. The main problems I have with the regulations are low leverage and no hedging. Hedging is the biggest problem. I have a legitimate use for it and without it my profitability is compromised.
Choosing the Right Broker
in
General
Jan 18, 2019 at 10:53
I'm interested in FX Choice which is located in Belize. They accept US traders. I've had trouble getting my account funded however. The interim bank declined my wire transfer due to "internal policy". Is that a red flag I should be concerned about before I look at other funding options?
USD/JPY
in
Experienced Traders
Jan 17, 2019 at 07:12
I saw very little influence from the Brexit decision, too. I wasn't expecting much, but c'mon, just a little?
Demo trading
in
New Traders
Dec 21, 2018 at 09:01
My advice would be to used a demo account first, but fund it similarly to what you anticipate funding a live account. Sure, it's fun to fund a demo account with $500,000 but if you're going to fund a live account with $2000, fund the demo with $2000. It'll give you a much more accurate representation of your trading.
Running 40 MT4 platforms simultenously?
in
Programming
Dec 09, 2018 at 07:29
Thank you! I knew it was a dumb question! 😀
Funnel Trader Account 1
in
Trading Systems
Dec 07, 2018 at 09:57
I would guess this account needs to be re-optimized. Changing conditions.
Running 40 MT4 platforms simultenously?
in
Programming
Dec 06, 2018 at 06:56
Can I ask a dumb question? How do you launch more than one instance of Metatrader? If I try it just opens the one that's already open.
Funnel Trader Account 1
in
Trading Systems
Dec 06, 2018 at 06:55
That looked like a pretty scary drawdown. Anyone get margin called?
Emotion in Forex trading
in
General
Nov 30, 2018 at 10:54
There are professional gamblers that make good money. They understand the odds, what situations give them the greatest advantage. I'm thinking about games like craps, blackjack, poker, where there IS strategy.Forex is very similar. You use a strategy to put the odds more in your favor. It sounds like the professional was implying day trading is like flipping a coin. No. Even in gambling there are strategies.
Funnel Trader Account 1
in
Trading Systems
Nov 27, 2018 at 07:54
No updates for November?
Retirement Live
in
Trading Systems
Nov 18, 2018 at 07:46
That's a lot of losing trades you have open. Will it recover?
Making 15 to 20% profit every month !!!
in
New Traders
Oct 14, 2018 at 06:45
It sounds like his boss has only been investing for 6 months. That's not a long enough track record to offer a guarantee. It sounds like a case of overconfidence.
Making 15 to 20% profit every month !!!
in
New Traders
Oct 11, 2018 at 08:07
Whenever I see someone offering a "guarantee" of returns or no loss, that is a HUGE, and I mean a HUGE red flag.
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