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ThomasNovak trader's profile

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Name	ThomasNovak

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Registered

Jun 28, 2023 at 11:52

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Recent Posts

in Question about fees on leveraged trades Sep 20, 2023 at 16:07

You're right, in forex, there typically aren't fees for holding positions intraday, even with leverage. It's different from stock trading, where fees can vary.

in How to read news??? Sep 19, 2023 at 14:06

High Impact" on your calendar means something really important is happening, so pay extra attention and be prepared! 😊

in Minimum deposit Sep 11, 2023 at 13:31

Consider the system's strategy, risk level, and broker's margin requirements. Review past performance and consult your broker for specific deposit guidelines.

in Leverage question. Sep 07, 2023 at 04:42

Yes, higher leverage can lead to smaller lot sizes and lower commissions, but be cautious not to over-leverage and manage risk properly.Check if your position size calculator has a "save" or...

in Consistency Sep 05, 2023 at 18:59

Developing and backtesting a strategy over a long period can contribute to trading success. Consistency and thorough testing are key components in building a robust approach.

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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.