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Can you use other platforms besides metatrader 4 when dealing with Axitrader?
em
Geral
Dec 23, 2013 at 21:10
Best bet would be to ask the broker :)
Seem's no one can make Fx work long term...
em
Geral
Dec 23, 2013 at 07:23
You can succeed in Forex as long as you know when to stop. Accept losses and don't try and recoup any losses straight away. Continue how you have a slowly build up your equity to balance out the losses.Most people that fail see a trade losing and feel it will come back in their favor eventually and keep putting more trades, thus losing even more. Accept the losses and move on and you can succeed.It also of course helps if you know how to trade ;)
How to differentiate luck from skill in trades
em
Geral
Dec 07, 2013 at 14:54
Unfortunately it's hard to say either way when trading on a demo account. Demo don't have any of the factors that effect a real account.The best way to tell "skill" as you call it is to look at a number of factors, consistent profits with low drawdown (under 5%, 10% max) will show a good trader.
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