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New Traders Forum

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Lots, % Risk and Margin Call in XAU/USD

By luke514 Dec 22, 2023 at 04:49

HelloRegarding the first and second points, your idea is correct. For investors, leverage is just a tool for you to use your positions flexibly. High leverage can bring you more flexible position allocation. But please note that the premise of all this is that you cannot be a gambler. If you use high leverage and large transactions to gamble, then ...

1 Replies 455 Views

Last post by pipilong Feb 17 at 13:58

Help needed

By fidelio101 Feb 14 at 19:56

Hello fellow tradersWell for couple of years I did some penny stock(shorting), not much of success I could say, but I soon realized that as a newbie, my “mentor “ weren’t sufficient let’s put it this way.So, I blame my self that I picked maybe not the best I could find.Lately I involved into crypto trying to scalping mostly ...

0 Replies 304 Views

Last post by fidelio101 Feb 14 at 19:56

Lost!!!

By SUSANZEH Dec 28, 2023 at 18:17

@SUSANZEH No you are not lost, just that you need a mentorship. I have been in the US since that is where you are located and a lot of great traders in the US. I learnt how to trade in a year plus (2004) and by 2006 I'm already on my live accounts, I use to manage a lot of US based clients till the FIFO rules came into play, then I switch to U...

8 Replies 650 Views

Last post by forex_trader_3596980 Feb 11 at 13:17

I need a mentor.

By ayxxshhh Jan 02 at 04:40

Are you a newbie? And how did you? You don't use manual or automatic exists? If you are experienced you should know the number one rules, Never you expose more than 1 percent of your deposit to the market and being at least 8/10 successful I'm your calls. There some of the rules that will keep you earning green pips daily. If I can adapt to...

15 Replies 739 Views

Last post by forex_trader_3596980 Feb 11 at 12:52

Is there a real time forex trading forum- chat?

By Brenino Feb 04 at 23:30

I have seen a lot of traders discussing about what's happening in the market and their trading strategies on zulutrade's social feed. It's a good place to stay updated imo.

1 Replies 330 Views

Last post by Maverwallace_5 Feb 07 at 11:53

thank you

By Liamgtygy Jan 10 at 12:27

Maybe it's just a gathering of good people😁

3 Replies 404 Views

Last post by YourDream101 Feb 06 at 10:36

How do I fully verify my account?

By rjschusterman Feb 03 at 10:53

Most likely it's not connecting because the markets are closed. It will probably connect when the market opens Sunday.

2 Replies 427 Views

Last post by jameshilliard1 Feb 03 at 13:17

Elliot Theory Wave - Complicated or Uncomplicated

By Waveology Nov 13, 2023 at 05:18

elliot wave is the simply trading strategy . all strategy are good . important is result

1 Replies 390 Views

Last post by AnaNuti Jan 31 at 13:21

Hugo’s Way no longer compatible ?

By Alen95 Jan 30 at 12:33

hi there , cannot connect my Hugo’s Way Live Trading account to myfxbook , any help available ?

0 Replies 188 Views

Last post by Alen95 Jan 30 at 12:33

new trader

By chems18 Jan 05 at 19:12

hi sir how are you

2 Replies 386 Views

Last post by Anees123 Jan 24 at 04:08

I am a beginner and do not understand anything about Forex and CFDs.

By kolesnikoff Dec 13, 2023 at 15:00

Stay away from robots until you are more knowledgeable. Focus on learning about FX and how to trade (on demo) first. Don't worry about trying to earn money. The first few months should all be about learning

11 Replies 792 Views

Last post by master800ve Jan 15 at 16:50

NEW TO TRADING

By cashonmymind Jan 22, 2021 at 17:43

I too found it very hard to find an edge. But it can be done, once you find something that works, stick with it. Perfect it and focus on the best markets. I also only risk 1%

79 Replies 4,611 Views

Last post by GreenMo Jan 10 at 12:05

TOTAL LOST

By solofx222 Jan 09 at 07:47

So many has lost their trading funds in 2 days since yesterday because of GOLD(XAUUSD).Gold price has been manipulated by "some(hypocrite)" to trap traders with small fund account and causing their trading fund with $0.

0 Replies 310 Views

Last post by solofx222 Jan 09 at 07:47

How do I get the advanced features of the backtest in MT4?

By asangaw Dec 30, 2023 at 14:03

I have tried many ways to get the highlighted features in my MT4 back tester. I have reinstalled the MT4 from my broker and tried also with other brokers to check whether there is a fault with my broker server. But still, I could not get these features. I have attached two images from my back tester and the advanced features I need in the back test...

0 Replies 287 Views

Last post by asangaw Dec 30, 2023 at 14:03

Learning Forex Trading

By markjasonmanikan Jul 08, 2015 at 06:17

Thankfully, you don't need to go to a university to learn everything about forex. Resources like Babypips, Investopedia and MyTradingSkills are all good places to start or refresh. With this foundation, you can get better through personal experience (along with, if you're lucky, a good mentor).

133 Replies 7,407 Views

Last post by lowendtheorist Dec 30, 2023 at 11:25

New trader

By sovy Nov 02, 2023 at 16:11

Hey Sovy!Welcome to the Community!We are here to help!

7 Replies 530 Views

Last post by master800ve Dec 29, 2023 at 18:26

Trade gold

By delafuente993 Dec 29, 2023 at 10:33

Gold is a ponzi.. just think of it as going to the casino.. you either win or lose!

4 Replies 365 Views

Last post by Niallaght Dec 29, 2023 at 22:22

Complete newbie looking for advice

By GaryEvanson Jul 14, 2023 at 09:33

Embarking on a journey into the world of forex trading as a complete newbie can be both exciting and overwhelming. The foreign exchange market, with its dynamic nature and potential for profit, is a realm that demands careful navigation and continuous learning.First and foremost, educate yourself thoroughly. Understand the basics of forex trading, ...

3 Replies 594 Views

Last post by Williamfreed Dec 17, 2023 at 02:26

Looking for FCA regulated brokers

By flyingtiger Dec 10, 2023 at 07:24

Hi, I have been practicing FX day trading on demo from past few months and have tried and tested the strategies I want to work with. As my strategies are working out well and I can see profit in my demo account, I am looking to open a live account with a FCA regulated broker.To my surprise, every broker I have checked on reviews website, got many i...

0 Replies 370 Views

Last post by flyingtiger Dec 10, 2023 at 07:24

Help!

By Barka1987 Nov 29, 2023 at 05:26

You can set up pending orders, with SL or TP at roughly same distance, then just hover curser over the SL/TP and it'll tell you the value of such a move against you, prior to opening trade. FInd out that way should you be concerned. Just make sure then to cancel your pending order after you've got value, as you don't want your pend...

3 Replies 399 Views

Last post by Niallaght Dec 06, 2023 at 23:36

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Any opinions or market advice provided in the community sections are not necessarily the opinions of Myfxbook or its affiliates. The comments and opinions posted are of traders who may or may not be experienced. The comments are not reviewed or researched by Myfxbook.com or its affiliates. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk. Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided.

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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. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.