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New to the game
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Sep 05, 2023 at 18:27
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The best thing to trade, whether with a proprietary trading firm or your personal funds, depends on your knowledge, experience, and risk tolerance. Common assets include stocks, forex, commodities, cryptocurrencies, and options. It's crucial to thoroughly research and understand the market you want to trade, develop a trading strategy, and practice risk management. Additionally, consider seeking advice from financial professionals or mentors before making any trading decisions. Trading can be highly risky, so it's essential to approach it with caution and a well-thought-out plan.
Success is certain
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Sep 08, 2023 at 10:21
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Rk29 posted:That will depend a lot of the rules of your prop firm (if they allow EA trading and such), but mostly I believe you will need to watch for the drawdown to not hit their limit. If you want to DM us, we can discuss in more details what to watch out for and how to proceed.
Hii
I am new to myfxbook platform so I want to know that I have a prop firm account, can I connect my prop firm account directly to copy successful traders on myfxbook?
Membro Desde Nov 29, 2023
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Nov 29, 2023 at 06:15
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I strongly advise against relying on EAs. It's crucial to understand the market dynamics thoroughly before considering any automated trading tools. These tools might seem convenient, but without a solid grasp of how the market works, they can lead to unexpected and undesirable outcomes. Focus on building your market knowledge and trading skills first.
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Nov 29, 2023 at 09:18
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Dave_Franco posted:Solid advice. Knowing how to trade can also give you insight of when to turn off your EA or how to recuperate big drawdowns
I strongly advise against relying on EAs. It's crucial to understand the market dynamics thoroughly before considering any automated trading tools. These tools might seem convenient, but without a solid grasp of how the market works, they can lead to unexpected and undesirable outcomes. Focus on building your market knowledge and trading skills first.
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Apr 22 at 06:32
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HeavLeighGill26 posted:Yes you are absolutely right. Couse I saw some people who was using EAs for trading. They didn't know about any thing like how to trade, what is technical analyze , fundamental analyze. And now the are crying, Couse the EAs betrayed them.
Hello!
Be careful with EAs, I don't have a lot of experience with them but I think manual trading is best. A lot of them don't work that well.
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