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Do you guys participate in Trading Challenges?
Genel
içinde
Jul 12, 2012 at 08:45
That is so true :)
Best Broker for a Newbie
Yeni Traderlar
içinde
Jul 11, 2012 at 09:59
There is no such thing as best broker for a newbie, true. A good broker is good for all. I disagree that the best brokers do not offer bonuses. There are plenty of good brokers who do offer bonuses and have loyalty programs. It also depends on what you consider best broker. Most use the MT4 or MT5 platform. Spreads are one thing you can judge them by. I judge by customer service and security of my funds. Execution of trades is also part of it.
What do you expect from a broker?
Yeni Traderlar
içinde
Jul 11, 2012 at 09:48
Hey guys,I wanted to know what you expect from a broker? What are you looking for? What influences your decision to give a broker a try?Thanks for sharing your ideas.
Best Broker for a Newbie
Yeni Traderlar
içinde
Jul 11, 2012 at 09:30
That is very true, but as long as you learn from your mistakes your financial loss will turn into an investment for the future.
How do you trade in a bear market
Yeni Traderlar
içinde
Jul 11, 2012 at 09:29
Always expanding your horizon :)
Manual trading or EA??
Genel
içinde
Jul 10, 2012 at 09:58
I agree that manual trading has greater potential both way and in the end each trader decides what they are willing to accept. Personally I only engage into manual trading.
How do you trade in a bear market
Yeni Traderlar
içinde
Jul 10, 2012 at 09:51
Sounds very reasonable Bruce. I think your last statement hit nail on the head. As long as you accept where you are and you are happy you are doing a good job.
Best Broker for a Newbie
Yeni Traderlar
içinde
Jul 10, 2012 at 09:49
You are welcome Bruce. I have found that feeling that your funds are safe is very important. I think three different brokers is a good start. It is also a good idea to initially fund your accounts with little cash and see how it goes. I have only came across one broker who took my money and ran. They are closed now, but I only had $20 with them to start and they already acted strange about minor accounting issues. They even asked why I don't fund it with more cash and after I told them I am testing them they developed an attitude rather fast. I asked them to close my account and send my mo...
Best Broker for a Newbie
Yeni Traderlar
içinde
Jul 09, 2012 at 10:42
You may want to check out PaxForex as well. I have been with them for a bit and so far I am very pleased with them. They offer three different trading accounts and their customer service is top of the line, at least that has been my experience. I slowly moved my funds over there and for now they won the battle for my prime FX Broker. They handle deposits/withdrawals very fast and I feel my funds are safe with them. What got me interested was their $200 No Deposit Bonus, but that is just me. I can only recommend them, not sure if others have traded with them from this community. In case you do,...
Manual trading or EA??
Genel
içinde
Jul 09, 2012 at 10:35
I agree with your statement about trading and that it should be emotionless. I have to disagree with the other part of your response that the benefit will not be much greater learning how to trade and using an EA. In the end, all that matters is that you are satisfied with your results.
How do you trade in a bear market
Yeni Traderlar
içinde
Jul 09, 2012 at 10:31
Hi Bruce, I agree with your first sentence. Unless you do not have fun, regardless of activity, you are wasting your life away chasing certain things but never truly enjoying it. I am not a fan of robots, but it all comes down to preference and what you are willing to accept as an overall successful trading strategy.At least you are not one of those who thinks he is an overnight FX Pro and operate very reasonable. I have a question since you like robots and out of curiosity, no need to answer if you do not feel comfortable doing so:Would you willing to hand over a portion of your funds to an i...
Do you guys participate in Trading Challenges?
Genel
içinde
Jul 09, 2012 at 10:18
Hi Garry,as of now I only participate over at Paxforex (I am not sure if I am allowed to post links, but given I see them on here I will go ahead and mods can delete them if it violates any posting rules (http://paxforex.com)). They offer a $200 No Deposit Bonus and their terms are very reasonable in my opinion. Basically you get 30 days to earn $200 and the bonus is yours after trading five lots. Let me know of any MT5 contests that you know and like so I can check them out. Thanks
How do you trade in a bear market
Yeni Traderlar
içinde
Jul 06, 2012 at 19:00
Hey LK, I know what you mean :).Hi skyjack, as a starting point it is ok, I just hope you will not only rely on those and that you put more effort into your finances then that. By no means do I want to suggest every youtube video is garbage but as with all in life make wise decisions. That offer you received is way off anything I would recommend acceptable, but then again we all differ in what we think is valuable.
Do you guys participate in Trading Challenges?
Genel
içinde
Jul 06, 2012 at 19:00
Alright, but a lot of brokers I came across keep their trading challenges open to existing clients and some allow EA's as well or is it simply not of interest?Can you shoot me more info about the MT5 contests? I have been using MT4 for quite some time, but every so often a contest is not a bad challenge.
Do you guys participate in Trading Challenges?
Genel
içinde
Jul 05, 2012 at 10:05
As you all know, most if not all brokers offer various trading challenges. I was wondering if any of you ever participate and what your experience with those is?
How do you trade in a bear market
Yeni Traderlar
içinde
Jul 05, 2012 at 10:04
I agree with LK, you should not judge your trading based on isolated trades, but rather give it an overall look. I think the most obvious sign of success or failure is if you are making a profit at the end of the day. I have met plenty of traders who claim to get 80% of their trades and more right. At first that sounds like a great accomplishment, but unless you keep your losses in the same range as our profits it is not relevant.For example: You place 10 trades, close 9 at a profit of $20 but have one trade that causes a $250 loss. I think you get my point here.I do hope that youtube videos a...
Manual trading or EA??
Genel
içinde
Jul 03, 2012 at 10:20
I have never used robots, but I can understand both sides of the argument. Why don't you try a social trading and follow traders? Personally I execute my own trades, but before you spend money and years buying and testing robots I think it makes more sense to follow traders and see how they perform and then copy them.
PaxForex
Brokerlar
içinde
Jul 03, 2012 at 10:20
I have opened a standard account with PaxForex and so far I am very pleased. I have used them for some time and did not experience any issues. They do feature a very fast and professional customer service and also offer a blog as well as market news section which is quite interesting and adds to their overall package. I did not have a lot of re-quotes which is a positive as most my trades are executes fast and without issues.
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