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Mohammadi posted: I have seen mostly brokers don’t allow scalping in their trading platforms. So we the traders who are particularly scalpers have to choose our broker carefully. First of all we have to ensure brokers trading spreads , actually without lowest trading spreads that’s not possible at all to make profit with certainly in spite of having good trading knowledge .
Only MM (=Market Makers) broker would not allow scalping. Better avoid such brokers and search for real A-Book brokers with low trading costs.
hi forexcyborg i have an issue with my ea it apperas in trading status waiting for the trade timeframe but im already in 15 min chart and dont start trading what can i do
I think most of the traders fail because of their wrong choice of brokers. Though you have a lot of knowledge about forex, a wrong broker can put you in danger. I am trading for a long time. In the very beginning, I faced so many problems to choose my broker. I was searching for an advisor who can suggest me a good broker.
As a beginer, you do not need to have much capital in your trading account yet. Even if you have a lot, never trade with all your capital at once. Learn as much as possible about risk management, and do not risk a high percentage of your trading capital at any given time
The whole secret is only to remember your preferences and stick to your strategy even when you really want to sin and break all the rules. It seems to me that the accuracy and literacy of the work can ensure a positive result - everything else.... is just luck...
Yozuru posted: The whole secret is only to remember your preferences and stick to your strategy even when you really want to sin and break all the rules. It seems to me that the accuracy and literacy of the work can ensure a positive result - everything else.... is just luck...
just find a way to control your mind, especially greedy mind.
Research broker, open a demo account, understand commissions and spreads, understand various levels of accounts, create a basic trading plan, develop an exit strategy, determine your risk tolerance and protect yourself.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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