General Forum

19 November 2024 COT Report

By NinoCalamba Nov 24, 2024 at 15:24
📊 Understanding the Trend of COT Reports in Trading 📊The Commitments of Traders (COT) Report is a powerful tool for traders looking to analyze market sentiment and predict potential price movements. By studying trends in the COT data, you can identify how large players like hedge funds, commercial hedgers, and retail traders are positioning thems...
1 Replies 200 Skatījumi
Pēdējais ieraksts no NinoCalamba Nov 24, 2024 at 15:29

Best percentage of account to risk for profits

By forex_trader_3929664 Nov 24, 2024 at 05:54
The best sum of percentage of account to risk for some of all trades is maximum 5 percent.I normally risk 2 percent to earn much multiple times,sometimes I risk 2 percent to earn multiple times the some of 4 multiply by 2. But if you are gonna risk 5 percent, make sure you are aiming for 10 percent, this is a good risk/reward ration you should use ...
0 Replies 171 Skatījumi
Pēdējais ieraksts no forex_trader_3929664 Nov 24, 2024 at 05:54

My best combined strategy I use to make profits consistently

By forex_trader_3929664 Nov 24, 2024 at 05:52
High frequency trading ; I trade daily, so trade a lot of volumes that results me doing high frequency trades for good profits daily, I don't joke with this, as I spread my trades to managed accounts of others.News trading : I trade 45 minutes after each major news, I start trading on retracement or trend continuation...My way of earning after ...
0 Replies 158 Skatījumi
Pēdējais ieraksts no forex_trader_3929664 Nov 24, 2024 at 05:52

Tools I use for profits making

By forex_trader_3929664 Nov 22, 2024 at 10:39
First my DD is set at max of 15 percent professionally,this forces me to only enter positions at the most oversold points for buy or over ought points for sell.I uses moving averages and set up my perimeters myself from decades of experience.I use Auto stop out and very useful with no emotion.I use Trade volume indicators.I use all the PP pointers....
0 Replies 124 Skatījumi
Pēdējais ieraksts no forex_trader_3929664 Nov 22, 2024 at 10:39

Best risk/reward rations for trading

By forex_trader_3929664 Nov 22, 2024 at 09:52
Set a risk/reward ratio to 1:2 or higher or have a good success rateIf you're wondering how to make a profit in Forex, there are two general ways to do that. If you follow the first way, you can make profits even if your predictions come true only 50% of the time. Usually traders pick 1:2 risk/reward ratio or higher. For example, if a trader ai...
0 Replies 139 Skatījumi
Pēdējais ieraksts no forex_trader_3929664 Nov 22, 2024 at 09:52

Any opinions or market advice provided in the community sections are not necessarily the opinions of Myfxbook or its affiliates. The comments and opinions posted are of traders who may or may not be experienced. The comments are not reviewed or researched by Myfxbook.com or its affiliates. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk. Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.