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New to Forex
Jun 04, 2015 at 07:10
เป็นสมาชิกตั้งแต่ May 09, 2015
1 โพสต์
Hi all
I am new to forex and interested in the autotrading but i can see it needs to be a live account and i cant demo it
Is there people on here that are using the autotrading and if so can you leverage the persons trades that they are making to suit your budget (I.E if you are autotrading a certain person and they put a large trade on it does not wipe your account out automatically)
Any advise on stratagies are also welcome
Kind Regards
James
I am new to forex and interested in the autotrading but i can see it needs to be a live account and i cant demo it
Is there people on here that are using the autotrading and if so can you leverage the persons trades that they are making to suit your budget (I.E if you are autotrading a certain person and they put a large trade on it does not wipe your account out automatically)
Any advise on stratagies are also welcome
Kind Regards
James
Fortune favours the brave
forex_trader_25447
เป็นสมาชิกตั้งแต่ Dec 21, 2010
131 โพสต์
Jun 04, 2015 at 08:35
เป็นสมาชิกตั้งแต่ Dec 21, 2010
131 โพสต์
You are talking about COPY-trade, that is NOT AUTO-trade.
When you COPY , you can set SCALE for your account, to the original account.
I am not sure is that possible here, but it is on www.share4you.com
When you COPY , you can set SCALE for your account, to the original account.
I am not sure is that possible here, but it is on www.share4you.com
forex_trader_250523
เป็นสมาชิกตั้งแต่ May 18, 2015
18 โพสต์
Jun 04, 2015 at 13:49
เป็นสมาชิกตั้งแต่ May 18, 2015
18 โพสต์
Hi James,
Check out Darwinex (google it)
This is a broker that developed a platform for people to invest in the trading strategies of other Darwinex users who have enabled their trading strategies as 'investable'. They automatically take care of leverage based on your account size and your personal preference choosing between low, medium or high risk.
Check out Darwinex (google it)
This is a broker that developed a platform for people to invest in the trading strategies of other Darwinex users who have enabled their trading strategies as 'investable'. They automatically take care of leverage based on your account size and your personal preference choosing between low, medium or high risk.
Jun 05, 2015 at 08:11
เป็นสมาชิกตั้งแต่ Feb 26, 2015
1 โพสต์
@jimmyp84 I recommend you actually LEARN to trade, its a lot more gratifying rather then to rely on someone else and it will help you understand the forex market. This isn't easy but if you treat it like a business and respect it you will become successful.
GO BIG OR GO HOMELESS.
Jun 06, 2015 at 15:40
เป็นสมาชิกตั้งแต่ Mar 06, 2015
46 โพสต์
jimmyp84 posted:
Hi all
I am new to forex and interested in the autotrading but i can see it needs to be a live account and i cant demo it
Is there people on here that are using the autotrading and if so can you leverage the persons trades that they are making to suit your budget (I.E if you are autotrading a certain person and they put a large trade on it does not wipe your account out automatically)
Any advise on stratagies are also welcome
Kind Regards
James
yes you can minimize the trading risk by percentage what ever you want to copy trades as you like it's very simple
“The past can't hurt you anymore, not unless you let it.”
เป็นสมาชิกตั้งแต่ Aug 27, 2017
994 โพสต์
เป็นสมาชิกตั้งแต่ Mar 16, 2021
477 โพสต์
เป็นสมาชิกตั้งแต่ Dec 17, 2020
20 โพสต์
May 01, 2021 at 09:08
เป็นสมาชิกตั้งแต่ Dec 17, 2020
20 โพสต์
Imamul posted:That happens when you go with a really high leverage like 1:100. I think it's best to use as little leverage as possible while a novice trader is still learning.
when i was a newcomer always fall a great trouble when using high leverage , its a very risky approach i have done and every time i have faced loses
เป็นสมาชิกตั้งแต่ Aug 27, 2017
994 โพสต์
เป็นสมาชิกตั้งแต่ Mar 16, 2021
477 โพสต์
เป็นสมาชิกตั้งแต่ Dec 21, 2020
26 โพสต์
May 03, 2021 at 06:10
เป็นสมาชิกตั้งแต่ Dec 21, 2020
26 โพสต์
margaritastephen posted:But if they don’t use leverage, how will they make profits and actually get some experience?Imamul posted:That happens when you go with a really high leverage like 1:100. I think it's best to use as little leverage as possible while a novice trader is still learning.
when i was a newcomer always fall a great trouble when using high leverage , its a very risky approach i have done and every time i have faced loses
เป็นสมาชิกตั้งแต่ Dec 17, 2020
20 โพสต์
May 03, 2021 at 06:22
เป็นสมาชิกตั้งแต่ Dec 17, 2020
20 โพสต์
I'm not saying they shouldn’t use it at all. Just keep it as low as possible. This will help them understand and know how to handle their trades without risking so much. I dealt with a limit of I:30 with my previous broker and even though my new one turnkey forex offers 1:100, I don't go beyond 1:50. I like having a certain degree of control over my trades and high risks can just mess that up man. And for a newbie, in particular, a huge loss could be really disheartening.
เป็นสมาชิกตั้งแต่ Jul 23, 2020
869 โพสต์
เป็นสมาชิกตั้งแต่ Mar 16, 2021
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