What trade size and leverage to use in forex?
lovefortrading (perryjohn765)
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Feb 23, 2021 at 05:40
totally depends on the willingness and affordability to lose. there is no particular suggestion or correct lot or trade size.
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37 ieraksti
Feb 23, 2021 at 10:35
If someone faced losses, doesn’t mean that everyone would experience the same. Things work differently for different people depending on the fact that how well they are with their experiences.
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34 ieraksti
Feb 23, 2021 at 11:55
perryjohn765 posted:But there has to be some math to it right? That’s what I am in search of!
totally depends on the willingness and affordability to lose. there is no particular suggestion or correct lot or trade size.
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21 ieraksti
Feb 23, 2021 at 12:29
Jakemark posted:With experiences, strategies also matter. A newbie does not have experience but can work on strategies to make profits. And if you are facing difficulties in it, choose a broker who can make it easy for you. I take help of automated trading through fxview and XM when I doubt my strategies.
If someone faced losses, doesn’t mean that everyone would experience the same. Things work differently for different people depending on the fact that how well they are with their experiences.
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1 ieraksti
Feb 24, 2021 at 06:50
The Delorean strategy has taught DELONATION to risk 2% per trade with a gain of at least 4%, a minimum risk to reward ratio of 1:2. With this risk management, someone with an accuracy of 37% could still be profitable.
Jason (snakeyankee)
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Feb 24, 2021 at 07:06
(labots Feb 24, 2021 at 07:06)
Kylealker87 posted:Start out small.... Like .01 or .02. If you are making consistent pocket change, slowly increase your size. I know the small gains suck but you are practicing your strategy.perryjohn765 posted:But there has to be some math to it right? That’s what I am in search of!
totally depends on the willingness and affordability to lose. there is no particular suggestion or correct lot or trade size.
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15 ieraksti
Feb 24, 2021 at 07:31
@Shaun I also wish to have that experience very soon. I have just started with demo trading and it’s a long way to go yet.
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34 ieraksti
Feb 24, 2021 at 13:12
LoMazen posted:Hey! That’s something new! I only knew of it as a sports car :) will surely look it up and research more details, thanks a ton!
The Delorean strategy has taught DELONATION to risk 2% per trade with a gain of at least 4%, a minimum risk to reward ratio of 1:2. With this risk management, someone with an accuracy of 37% could still be profitable.
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4 ieraksti
Feb 26, 2021 at 04:53
starmyth posted:Don’t waste your time in demo trading. You are earning nothing.
@Shaun I also wish to have that experience very soon. I have just started with demo trading and it’s a long way to go yet.
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Feb 27, 2021 at 11:01
You are doing it right @starmyth. Invest a good amount of your time in demo trading so that you don’t get confused in the live market and end up facing losses.
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Mar 01, 2021 at 04:17
amybuke posted:You, surely, are earning something through demo trading. You are earning knowledge to trade in real markets so that you can know about broker’s trading conditions and understand how one can analyse the market. I have been in the trading world for a long time but still I demo trade sometimes. You can try different brokers for the same like Fxview, Etoro, etc. Their demo and live prices are similar.starmyth posted:Don’t waste your time in demo trading. You are earning nothing.
@Shaun I also wish to have that experience very soon. I have just started with demo trading and it’s a long way to go yet.
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Mar 01, 2021 at 10:12
Exactly Gary, I don’t understand why people are so much against demo trading. Like what’s better than losing nothing and still trading.
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Mar 01, 2021 at 12:21
Garyneville221 posted:I am also demo trading through a broker but it is giving me 0 spreads all the time, I think that’s unrealistic. After reading your comment I think I should also try Fxview or etoro once.amybuke posted:You, surely, are earning something through demo trading. You are earning knowledge to trade in real markets so that you can know about broker’s trading conditions and understand how one can analyse the market. I have been in the trading world for a long time but still I demo trade sometimes. You can try different brokers for the same like Fxview, Etoro, etc. Their demo and live prices are similar.starmyth posted:Don’t waste your time in demo trading. You are earning nothing.
@Shaun I also wish to have that experience very soon. I have just started with demo trading and it’s a long way to go yet.
Elena Triston (ele020)
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Mar 02, 2021 at 05:40
Georgegiffen43 posted:hahahaha, true that..... Why wouldn't someone want to practice without loosing a penny?
Exactly Gary, I don’t understand why people are so much against demo trading. Like what’s better than losing nothing and still trading.
The more your practice, the more you learn.
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Mar 06, 2021 at 03:58
Instaforex is really good. It has a wide range of currency pairs for investment. And order execution is real time.
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147 ieraksti
Mar 09, 2021 at 10:29
i use depending on the instrument and the time. i can sometime trade on 10 lots with 500X leverage or sometme 0.01 lots..
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Mar 10, 2021 at 04:38
@Harshal From the horse’s mouth - it works swell for alerts and zoning in the chart patterns. I have been using it on MT5 from quite a bit now, but now that I am getting experimental and planning on trying the demos for other trading platforms, I will have to change my first preference of indicator
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Mar 15, 2021 at 12:49
how is it with fxtm, does it offer autochartist for free? @Max
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Mar 17, 2021 at 05:42
Collingwood112 posted:I keep struggling to figure out the technical analysis part and I’ve been trying to get better at it. Was recently looking at some fibonacci retracement on MT4. Anyway, are you getting it for free with your brokers?Halexpark899 posted:Yeah it is available with some brokers for free. The chart pattern recognition and alert system is useful. Gives me some clarity with support, resistance levels and price forecasts.
@harshalgibbs I do, on xm. If you like ichimoku, you would probably also like autochartist. You’d find autochartist for free on Instaforex and IC Markets.
Bennie Riley (bennieriley)
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Mar 25, 2021 at 10:07
The only rule that I follow when trading forex is not to risk more than 1-2% of my account size per trade. As far as using leverage is concerned, it depends on how much you are comfortable with.
