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My concern on lot commissions
Medlem sedan Oct 29, 2020
35 inlägg
Jan 14, 2021 at 12:36
Medlem sedan Oct 29, 2020
35 inlägg
I want to trade upto 150 lots/month. I am concerned if I would chunk my higher profit margins to pay the commissions.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
Medlem sedan Oct 07, 2020
104 inlägg
Jan 15, 2021 at 04:15
Medlem sedan Oct 07, 2020
104 inlägg
advancedsmifser posted:You should first gather all the knowledge and then place the trades.
I want to trade upto 150 lots/month. I am concerned if I would chunk my higher profit margins to pay the commissions.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
Medlem sedan Oct 29, 2020
35 inlägg
Jan 15, 2021 at 12:30
Medlem sedan Oct 29, 2020
35 inlägg
richardmarcus posted:Wouldn’t simultaneous practice be a better idea?advancedsmifser posted:You should first gather all the knowledge and then place the trades.
I want to trade upto 150 lots/month. I am concerned if I would chunk my higher profit margins to pay the commissions.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
Medlem sedan Oct 07, 2020
104 inlägg
Jan 16, 2021 at 04:47
Medlem sedan Oct 07, 2020
104 inlägg
advancedsmifser posted:yea practice on demo accounts will be betterrichardmarcus posted:Wouldn’t simultaneous practice be a better idea?advancedsmifser posted:You should first gather all the knowledge and then place the trades.
I want to trade upto 150 lots/month. I am concerned if I would chunk my higher profit margins to pay the commissions.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
yana hansen (78678676)
Medlem sedan Oct 16, 2020
137 inlägg
Jan 16, 2021 at 12:00
Medlem sedan Oct 16, 2020
137 inlägg
Going live with not much knowledge of the market is a mistake. Please use demo account.
Medlem sedan Oct 07, 2020
104 inlägg
Jan 18, 2021 at 03:59
Medlem sedan Oct 07, 2020
104 inlägg
78678676 posted:yea i have suggested him the same thing
Going live with not much knowledge of the market is a mistake. Please use demo account.
Jan 18, 2021 at 10:00
Medlem sedan Apr 26, 2013
3 inlägg
***RULE 1.
Stop loss 'must below 7%'
Don't flow the trade in a long time
Stop loss 'must below 7%'
Don't flow the trade in a long time
Medlem sedan Jul 19, 2020
788 inlägg
Jan 19, 2021 at 01:42
Medlem sedan Jul 19, 2020
788 inlägg
advancedsmifser posted:Yes, you should gather knowledge first. It is never possible to trade without acquiring research and knowledge.
I want to trade upto 150 lots/month. I am concerned if I would chunk my higher profit margins to pay the commissions.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
Sar John (Sarjohn)
Medlem sedan Dec 28, 2020
187 inlägg
Jan 19, 2021 at 11:42
Medlem sedan Dec 28, 2020
187 inlägg
Placing that many lot sizes when you are just gathering knowledge is not a good idea, first develop a good strategy and practice on demo.
Medlem sedan Oct 29, 2020
35 inlägg
Jan 19, 2021 at 12:38
Medlem sedan Oct 29, 2020
35 inlägg
AliaDare posted:I am actually doing that, in fact I’m on the verge of thinking if I’m overdoing the learning bit :) should just take the plunge now I supposeadvancedsmifser posted:Yes, you should gather knowledge first. It is never possible to trade without acquiring research and knowledge.
I want to trade upto 150 lots/month. I am concerned if I would chunk my higher profit margins to pay the commissions.
I am presently gathering more knowledge on forex and already into trading but not much experienced. Thank you for your help.
Jan 20, 2021 at 10:41
Medlem sedan Oct 23, 2020
37 inlägg
You can contrast 2 or 3 brokers as per their commission rates and go with the one that is the lowest.
Medlem sedan Sep 30, 2020
58 inlägg
Jan 21, 2021 at 09:48
Medlem sedan Sep 30, 2020
58 inlägg
No one wants to spend so much on commissions and because of that a lot of new traders end up using very low cost brokers and get scammed. So don’t just look for the commission rate and try to analyse other aspects as well. If you find a broker that is too good to be true, don’t trade with it. There will be some hidden surprises there.
Medlem sedan Jun 30, 2020
47 inlägg
Jan 21, 2021 at 13:09
Medlem sedan Jun 30, 2020
47 inlägg
advancedsmifser posted:I honestly prefer brokers with lower commissions and tighter spreads. As long as the commission cost is less, I don’t mind paying that in lieu of low spreads.
Is anyone here using a no-commission broker?
Medlem sedan Oct 29, 2020
35 inlägg
Jan 21, 2021 at 13:18
Medlem sedan Oct 29, 2020
35 inlägg
Sarjohn posted:I have been practicing use of RSI, MACD and bollinger bands while keeping my trade open for several hours and in some cases days. I have been thinking I have reached a point of stagnation from where I can only learn if I put in some real bucks.
Placing that many lot sizes when you are just gathering knowledge is not a good idea, first develop a good strategy and practice on demo.
Medlem sedan Oct 07, 2020
104 inlägg
Jan 22, 2021 at 04:32
Medlem sedan Oct 07, 2020
104 inlägg
Gleywilleyy posted:True that do u know any??
Hey, the answer is simple. Just look for a low commission broker that is also regulated and has good trading conditions.
Jan 22, 2021 at 07:56
Medlem sedan Nov 02, 2020
34 inlägg
Gleywilleyy posted:My approach is also same. That's why went with fxview, $2 commissions RT and low spreads.
I honestly prefer brokers with lower commissions and tighter spreads. As long as the commission cost is less, I don’t mind paying that in lieu of low spreads.

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