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Mikehamilton trader's profile

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Oct 14 2020 at 04:01

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Recent Posts

in Losses are a part of trading Mar 09 2021 at 07:33

That’s right. All we can do is use effective risk management to minimise our losses otherwise there will always be some risk with investments. Like I recently lowered my leverage on a trade or i...

in Losses are a part of trading Mar 08 2021 at 07:50

I agree! I try to focus on my risk reward ratio and manage it properly so that I don’t end up losing so much. How much do you risk?

in My concern on lot commissions Mar 05 2021 at 04:54

That is very good advice and I think every beginner should be aware of such details. Trading 1 lot is fine to begin with.

in What trade size and leverage to use in forex? Feb 17 2021 at 04:11

The risk can be further mitigated through the stop losses. I have been using fixed stop losses for all of my trades through etoro but I saw that trailing stop losses are far more useful when I started...

in Successful Trading Rules Feb 01 2021 at 05:43

@Marshalsam877 Over trading can lead to serious consequences; if you do not realise this earlier and have opened many positions, close as many as can with profit or put the stop losses. I used trailin...

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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.