fx_book

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Joined Jan 29, 2015

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Recent Posts

Your preference - what leverage to prove a system and still control risk?

With a smaller amount of real leverage applied on each trade, you can afford to give your trade more breathing room by setting a wider but reasonable stop and avoiding risking too much of your money. A highly leveraged trade can quickly deplete your trading account if it goes against you, as you wil...

1195

Feb 07, 2015 at 18:19

How much have you lost in forex trading?

Many friends of mine who I knew earn few money but lost huge in forex.Honestly, I've tried demo account for about 1 year. But still don't have enough confidence to try real account.

4892

Feb 07, 2015 at 18:14

day trade or swing trade what do u prefer ????

If you are an active trader, day trading and swing trading will feel like second cousins. At the end of the day both trade methodologies seek to make short-term profits based on price fluctuations in the market.

1599

Feb 07, 2015 at 18:07

Oanda versus FXCM

OANDAPros:- They allow you to trade in exactly the amount of units that you want, not being forced to trade in lots, minilots or microlots.- They offer MT4 and fxTrade, which is not a bad platform. However fxTrade's grids sometimes are not clear enough to see in one sight all the details of the ...

7787

Feb 07, 2015 at 18:05

Martingale system

To understand the basics behind the martingale strategy, let's look at a simple example. Suppose we had a coin and engaged in a betting game of either heads or tails with a starting wager of $1. There is an equal probability that the coin will land on heads or tails, and each flip is independent...

738

Feb 06, 2015 at 20:25

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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.

EURUSD	1.0856	GBPUSD	1.2866	AUDUSD	0.65374
USDJPY	153.755	USDCAD	1.36908	USDCHF	0.8836