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Mitchelsantner
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Mitchelsantner
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Leverage is among the things
in
General
Mar 06, 2021 at 10:39
But doesn’t that require a lot of expertise?
Leverage is among the things
in
General
Mar 05, 2021 at 11:04
Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
ASIC leverage down
in
General
Jan 22, 2021 at 09:39
In my opinion as long as a broker is regulated it doesn’t matter where it’s headquartered. If it’s giving you the trading conditions you require, then just go for it. I am a full time scalper and for me low spreads mean everything in trading. 0 pips spreads and low commission rates of forex4you and fxview suit me well.
ASIC leverage down
in
General
Jan 20, 2021 at 11:44
The ASIC has restricted leverage to 30:1 for the major currency pairs and 20:1 for minor currency pairs. These regulations will affect the people trading in CFDs and not the regular forex traders. We have to understand that there is a difference between regular trading and leverage CFD trading. If you are simply trading currency pairs then these regulations will not affect you as a trader.
Newcomers and demo trading
in
General
Dec 24, 2020 at 12:26
Demo trading is essential not only for new traders but also for experienced ones. If I am to give my own example, I started trading first demo accounts of etrade and ib, and after almost 5 months went live. This was about 2 years back. I am still using both demo and live accounts simultaneously for practicing my strategies on demo before applying them on the live account.
Holland Trader V5 EA
in
Trading Systems
Dec 03, 2020 at 09:17
I think it is a new thing on the market. I have been hearing a lot about it.
TRADING LEVERAGES AFTER BREXIT
in
General
Dec 02, 2020 at 09:27
If you are using a reliable broker, you don’t have to worry about leverage limits.
Experiences with regulated firms
in
New Traders
Dec 02, 2020 at 07:55
Checking the background of the broker is very important, like their partners and all. The ones you’ve mentioned (cmc markets, fxview) seem alright to me. Both are FCA regulated.
Trading Accountability Partner
in
General
Nov 30, 2020 at 09:42
In order to avoid confusion while trading forex, you should improve your knowledge about the market.
Trend Trading.
in
General
Nov 26, 2020 at 07:50
Your strategy has to play an important role in your trading experience. Be wise while building your strategy.
Customize your strategy
in
General
Nov 26, 2020 at 07:41
It is important to personalize your trading strategy in accordance with your trading requirements if you really want it to work for you.
Trading using community outlook
in
General
Nov 26, 2020 at 07:29
When you interact with traders and discuss your trades, you get an expert viewpoint. You become a better trader by learning what you are doing wrong.
Is stock trading and forex trading different?
in
General
Nov 20, 2020 at 06:48
Forex trading is all about buying currency pairs at lower prices and selling them at higher prices.
Looking for Broker
in
New Traders
Nov 19, 2020 at 12:44
Funding with bitcoin is actually secure and faster, there’s no reason to worry on that. But if you want a broker that allows funding directly from bank account you can try xm or fxview. These are offshore brokers too but regulated, so again no red flags. If you would want only a US based broker you might miss out on a lot of flexibility in trading like small account size and trading fees which only the ones outside US can legally provide. However I’m not sure if these brokers accept clients from US, you’ll have to check on that.
Forex is a business
in
New Traders
Nov 19, 2020 at 05:52
Trading, like any business, must be learnt properly if you want to make the best out of it. If you are not ready to learn, you better stay out of it.
4-digit quote broker
in
General
Nov 18, 2020 at 06:10
A broker will surely be of a lot of help in order to facilitate your trading. Make sure you use a reliable one.
How to trade effectively in forex?
in
New Traders
Nov 12, 2020 at 10:13
Backtesting is crucial. Whenever you create a new strategy or using an automated one, test it once on the currency pair you want to trade. I have been doing it for USDCAD with Axitrader. I suggest to use less volatile pairs at first and then step to exotic pairs. I didn’t trade with AUDUSD as I wasn’t much convinced with the historical data I downloaded. You can do it on either of the platforms - mt4 or mt5.
USA Brokers?
in
General
Nov 12, 2020 at 06:38
Every broker is different in terms of the experiences of traders. It should fulfil the expectations of a trader and provide good services.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Nov 12, 2020 at 05:56
It is difficult trading crypto and if you’re not on the right track, you might even keep losing.
Meta Trader to Telegram script
in
Programming
Nov 11, 2020 at 09:39
You can learn the basics for now. That should do.
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