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New Traders Forum

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Your most successful trade

By jimmyneeesham Feb 02, 2021 at 13:27

The size of your account doesn't dictate the success of your trade. What risk reward was the trade and therefore ROI? Is your strike rate sufficient that your risk reward has you in profit overall? These are the markers of success, the money isn't as it is fluid and will always change relative to the real success in your trading.

26 Replies 3,897 Skatījumi

Pēdējais ieraksts no sebking1986 Aug 24, 2022 at 08:10

How can U.S. investors invest in MAM/PAMM Accounts?

By AlexCheng Aug 12, 2022 at 16:26

Hi all, I have been searching for the past year, and I have found nothing in terms of information on this topic. How can U.S. investors invest in MAM/PAMM Accounts?Also, which brokers accept U.S. investors to invest in these accounts?Thank you.

0 Replies 325 Skatījumi

Pēdējais ieraksts no AlexCheng Aug 12, 2022 at 16:26

Are there brokers with no withdrawal fees?

By davegordon Feb 25, 2022 at 10:25

Who are these brokers that are charging for withdrawals. I've never come across this at all.

16 Replies 1,805 Skatījumi

Pēdējais ieraksts no sebking1986 Aug 09, 2022 at 10:35

8\8\2022

By samb99 Aug 08, 2022 at 08:40

GBPJPY down trend from 165.50 to 157.4

0 Replies 333 Skatījumi

Pēdējais ieraksts no samb99 Aug 08, 2022 at 08:40

Switching from Long to Short

By RichardPower Aug 05, 2022 at 07:40

As far as I am aware this is just a view and doesn't impact any live trades. My understanding is that it is a useful view that simply helps those who find they have a bias of only spotting long trades vs short trades. I believe it just inverts the image so that price increases top to bottom instead.

1 Replies 447 Skatījumi

Pēdējais ieraksts no sebking1986 Aug 05, 2022 at 12:20

Need A Broker for trading crude and brent oil?

By Peterhandcomp Jul 31, 2022 at 06:41

IC Markets are good if you can use them in my experience. Also find EagleFX decent and can be used by anyone around the world. Another decent one is FXPro if you prefer to stick to regulated brokers.

0 Replies 530 Skatījumi

Pēdējais ieraksts no sebking1986 Aug 01, 2022 at 11:19

Which broker is better

By Jamerson Mar 15, 2022 at 04:59

It’s not about what my broker offers but whether it is in accordance with my trading needs or not. I prefer technology over manual trading and that’s what I mostly look for.

19 Replies 1,950 Skatījumi

Pēdējais ieraksts no Jamesmaculm Jul 28, 2022 at 08:29

How true is High leverage = High risk?

By forex_trader_1955784 Nov 12, 2020 at 07:22

Yes, high leverage entails both high risk and high reward. It is important to understand how to use it wisely.

61 Replies 4,224 Skatījumi

Pēdējais ieraksts no venlamoe Jul 28, 2022 at 06:52

2 unexpected tools to help you mastered the system

By NewCityTrader Jul 19, 2022 at 13:11

Learn how to trade by following live tradingYou will accelerate your development as a trader by watching live trading or analyzing videos of how someone makes live decisions.Ideally, of course, it is the author of the trading system you are trading with or it is an experienced trader who plays with a system as similar as possible to yours.Trad...

0 Replies 502 Skatījumi

Pēdējais ieraksts no NewCityTrader Jul 19, 2022 at 13:11

Want to Learn More!!

By pdonovin Jun 18, 2015 at 11:48

Practice on a demo account first, it’ll sharpen your skills and understand the market closer. Start with a micro lot, then you can expand. Moreover, start by practising. This teaches you risk and money management too, which are important for successful trading.

13 Replies 928 Skatījumi

Pēdējais ieraksts no Inessive Jul 14, 2022 at 04:44

How to deal with doubting the trading strategy and switching between systems?

By NewCityTrader Jun 26, 2022 at 05:52

“After a series of losses, doubt in the strategy appears and I change to another one. After which, the situation repeats again. And so on and so forth.”Losses cause discouragement and the search for another “reliable” trading system. But there is no such system :) There is no situation of certainty in the market. We enter th...

0 Replies 510 Skatījumi

Pēdējais ieraksts no NewCityTrader Jun 26, 2022 at 05:52

money manage and leverage

By Mohammadi May 02, 2019 at 07:45

that is perfect answer. agree

64 Replies 4,332 Skatījumi

Pēdējais ieraksts no AndrewMcCalam54 Jun 23, 2022 at 11:17

lost

By lissuhmichelle Aug 11, 2015 at 06:28

I see you opened this thread on 2015; it’s 2022 and till now the scenario is the same! Learning isn’t any easy option here; it takes such a long time to learn Forex!

72 Replies 3,861 Skatījumi

Pēdējais ieraksts no Akasuki Jun 21, 2022 at 15:16

THE ART OF TRADING: JOURNEY TO CONSISTENCY

By fxmahadum Apr 07, 2021 at 05:50

Yeah bro, but am glad we have people who are willing to read from it, you might choose to remain and keep reading long story or help me with a class on summary kidding Thanks

12 Replies 692 Skatījumi

Pēdējais ieraksts no fxmahadum Jun 14, 2022 at 07:50

Paying TAX

By RobPoetker Jun 05, 2022 at 01:25

I've never heard of a legit broker charging tax on withdrawals. Withdrawal fees possibly but not calling it tax. You should withdraw a gross amount and then pay tax on your earnings each year with your respective country's tax authority.

1 Replies 404 Skatījumi

Pēdējais ieraksts no sebking1986 Jun 07, 2022 at 14:09

Alternative hedging strategy in case of drawdown

By Becks25 Jun 06, 2022 at 11:00

Hi everybody,I'm a medium experienced Forex trader.I would really appreciate to receive your comments about a strategy I'm probably going to implement in the near future on EURJPY.I'm currently in a drawdown, with 5 Sell options opened respectively at 136.15, 137, 137.8, 138.8, 139.45 and one in pending at 140.95. My account can resist ...

0 Replies 338 Skatījumi

Pēdējais ieraksts no Becks25 Jun 06, 2022 at 11:00

C Trader Copy Trading

By thubajumbe May 13, 2022 at 13:38

I’ve been using zulutrade for copy trading. Works smoothly on my system.

3 Replies 857 Skatījumi

Pēdējais ieraksts no Salsitude May 27, 2022 at 10:47

How and when close a trade to get the most out of the market?

By NewCityTrader May 23, 2022 at 14:04

One of the key questions I ask traders is how they get out of positions, can they always get to the TP. If you look at yourself you will find out something interesting about yourself.In short, there are two practical ways to manage a trade (and that includes staying within your TP).The first is technical management:You exit a position either when y...

0 Replies 422 Skatījumi

Pēdējais ieraksts no NewCityTrader May 23, 2022 at 14:04

Which pair do you use?

By Anking69 Oct 05, 2013 at 21:13

The favorite ones are major currency pairs, these are pairs which include US dollar, because I am convinced that the high liquidity of these pairs can help traders to boost their account, even if they are lack of experience in trading. Sometimes, when I am in high spirits, I can trade cross currency pairs, which include all the major currencies des...

52 Replies 3,370 Skatījumi

Pēdējais ieraksts no Likimas May 21, 2022 at 15:38

Don’t Let Your Emotions Dictate Your Forex Trading

By forex_trader_1996705 Mar 02, 2021 at 15:39

Emotions do not allow traders to be rational while trading. Traders should not allow their emotions to overpower them and affect their trading decisions.

55 Replies 3,189 Skatījumi

Pēdējais ieraksts no jambeau May 20, 2022 at 03:53

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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.