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New Traders Forum

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Experiences with regulated firms

By forex_trader_1955784 Nov 23, 2020 at 04:01

Regulation in forex ensures that clients are cushioned and regulated brokers are less likely to cheat traders. I have already borne the brunt of trading with an offshore broker before and can't take that risk ever again. Right now using regulated brokers only Xm and recently opened an account with fxview. Trading happily and safely.

24 Replies 2,235 Skatījumi

Pēdējais ieraksts no Tam_fx Oct 06, 2021 at 11:25

How to avoid getting caught up in Analysis Paralysis?

By AFCapitalTrading Sep 16, 2020 at 21:54

Have rules.It's as simple as that - rules 1 to 4 for example.And once all 4 rules have been met, make an entry.If a rule isn't met - don't force the trade to fit.

11 Replies 779 Skatījumi

Pēdējais ieraksts no LHill97 Oct 05, 2021 at 18:11

What is the best forex brokers in South Africa?

By Michael989 Nov 30, 2020 at 07:29

Yes. Proper research is badly needed to find the best broker.

13 Replies 802 Skatījumi

Pēdējais ieraksts no SteveHanks Oct 04, 2021 at 20:19

Export trade history from Mt5 WebTerminal

By holguinmora Dec 08, 2020 at 15:12

There are many scripts to download history.

4 Replies 1,185 Skatījumi

Pēdējais ieraksts no SofieAndreasen Oct 04, 2021 at 17:49

Please help me understand the COT report/chart on myfxbook

By samanthanicole05 May 10, 2013 at 08:27

COT report helps to understand market participants, like commercials and non-commercials, and how they are trading the market.

10 Replies 1,328 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Oct 04, 2021 at 17:40

drawdown, Max, Min

By tradeusphog Feb 09, 2020 at 07:30

Those refer to risk management strategy, how much risk you take or are willing to take.

10 Replies 1,078 Skatījumi

Pēdējais ieraksts no SofieAndreasen Oct 03, 2021 at 14:56

Profitability Scenario. What is flawed in this idea?

By MoodSwing Nov 24, 2020 at 23:15

Your risk-reward ratio is low. Try to increase it a bit.

5 Replies 668 Skatījumi

Pēdējais ieraksts no SofieAndreasen Oct 03, 2021 at 14:49

Using news filter to pause EA.

By sparkertrades Nov 29, 2020 at 23:16

I recommend new traders shouldn’t try EA.

7 Replies 1,841 Skatījumi

Pēdējais ieraksts no SofieAndreasen Oct 03, 2021 at 14:47

Best Platform

By Mohammadi Sep 21, 2018 at 05:55

As a personal point of view I think MT5 is a much better platform than MT4. Although I am not saying MT4 is no good, but it has got outdated , the added features like the fund transfers between accounts and multithread strategy tester offered by MT5 are very helpful.

59 Replies 3,834 Skatījumi

Pēdējais ieraksts no marcusobrien Sep 20, 2021 at 06:41

Why brokers freeze the Trading platform?

By tts_markets Aug 06, 2020 at 09:46

Finding a good broker is important. A trader should give enough time and do proper research to find a reliable broker who fits best their trading style.

17 Replies 1,198 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Sep 09, 2021 at 06:07

Forex Fury

By AkinwunmiOjedapo May 03, 2021 at 15:32

I prefer manual trading. I don’t trust any kind of algorithm.

5 Replies 695 Skatījumi

Pēdējais ieraksts no SofieAndreasen Sep 08, 2021 at 09:32

What is Forex Trader Basic Framework?

By tts_markets Aug 03, 2020 at 11:50

https://forums.babypips.com/t/what-is-forex-trader-basic-framework/342135

14 Replies 1,018 Skatījumi

Pēdējais ieraksts no reece22 Sep 06, 2021 at 19:56

Signals

By AltitudeSIgnals Oct 08, 2020 at 04:55

Signals should not be followed if you are new. They provide a lot of signals everyday and you will get confused and end up losing the money.

7 Replies 646 Skatījumi

Pēdējais ieraksts no UweMoench Sep 06, 2021 at 08:09

Introduce My self

By Fxanbu Aug 18, 2020 at 17:05

Welcome to the forum. Try to learn about trading first.

9 Replies 781 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Sep 03, 2021 at 16:52

what pairs do you dislike most ?

By Mohammadi Sep 17, 2017 at 11:24

For me, I dislike NZDUSD. It is more volatile than other major pairs.

24 Replies 1,537 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Sep 03, 2021 at 16:45

Need help for be a good trader

By natalieFx Mar 05, 2018 at 07:20

Learning is very essential thing in forex market

101 Replies 6,254 Skatījumi

Pēdējais ieraksts no SteveHanks Aug 31, 2021 at 07:48

Daily Market Update - The Stroke

By Aquilus Aug 30, 2021 at 06:02

Last week ended with Jerome Powell’s less-than-exciting Jackson Hole Symposium speech which left the market in the same state of uncertainty it had been reveling in. Analysts are calling it a Dovish Taper after the Federal Reserve Chairman discussed a potential to resume a scale back of the asset purchase programme this year, however reiterat...

1 Replies 422 Skatījumi

Pēdējais ieraksts no Aquilus Aug 30, 2021 at 06:05

Order Book question

By xyz123 Aug 06, 2021 at 18:17

Volume indicates how many traders are in the market according to the broker database.

1 Replies 311 Skatījumi

Pēdējais ieraksts no SofieAndreasen Aug 08, 2021 at 03:41

Hello world

By forex_trader_1775989 Aug 20, 2020 at 17:54

Hi! Glad to see that you haven't given up. Good luck!

15 Replies 721 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Aug 06, 2021 at 15:34

High leverage = High risk?

By unsightlydray Jan 24, 2021 at 09:34

Yes. Every new trader should practice on a demo account to improve their skills.

71 Replies 5,045 Skatījumi

Pēdējais ieraksts no SteveHanks Aug 06, 2021 at 09:24

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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.