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New Traders Forum

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Need to know the truth

By jamesmaxwell52 Feb 05, 2021 at 12:39

Using high leverage may cause high risks.

46 Replies 4,259 Skatījumi

Pēdējais ieraksts no SteveHanks Jul 25, 2021 at 12:19

How well does stop loss work if a disaster strike?

By lou111 Feb 04, 2016 at 07:55

Stop loss feature will ensure that you do not face huge losses and will safeguard as much amount as possible. You can apply it on all your stocks on just the ones which are too volatile.

20 Replies 1,628 Skatījumi

Pēdējais ieraksts no whitneytyler Jul 23, 2021 at 05:09

CFD Trading Brokers

By Alberncon Jun 25, 2021 at 10:44

I heard about the broker. But I never used it for myself.

2 Replies 543 Skatījumi

Pēdējais ieraksts no SofieAndreasen Jul 10, 2021 at 02:24

How to trade with $ 300k on the forex market

By Eightbitpwny Jul 22, 2014 at 07:15

It is too much money. Be careful with that.

28 Replies 2,592 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Jul 10, 2021 at 01:49

Trying to find a good trading room

By Korchevsky Oct 09, 2017 at 14:26

I agree that the broker really affects how the trading process will take place, therefore, we choose quite scrupulously

16 Replies 1,022 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Jul 10, 2021 at 04:56

Beginner in forex

By Rodrigochg Apr 24, 2020 at 19:20

Beginners lose money more often. So, be careful if you are a new trader in the market.

103 Replies 6,061 Skatījumi

Pēdējais ieraksts no SofieAndreasen Jul 06, 2021 at 17:22

Overconfident

By Mohammadi Jun 04, 2018 at 11:08

Traders need the confidence to trade. But sometimes it also leads to loss.

87 Replies 4,540 Skatījumi

Pēdējais ieraksts no LyudmilLukanov Jul 06, 2021 at 13:27

Do you think that EA can be profitable?

By Djules Jun 15, 2013 at 13:08

It is. I built my own EA robot and it trades while I sleep or doing my full time job. I run it on a couple or several currency pairs and they are my slave working for me 24 hours/day. I just have to manage it when the market direction went bad. Overall, I'm profitable and frees me from any emotional decision that affects my trading.

173 Replies 9,480 Skatījumi

Pēdējais ieraksts no milliontraderjp Jul 05, 2021 at 13:06

MyFXBook ‘Advanced Statistics’ hourly breakdown only has 23 hours?

By DenverTom Jan 24, 2015 at 10:36

I have the same question. thx.

1 Replies 680 Skatījumi

Pēdējais ieraksts no Intellitrade Jun 15, 2021 at 17:00

What does ATR divergence means

By CompassTrader Jun 15, 2021 at 06:08

I have never heard of anyone using ATR divergence to trade with. Sounds very unusual.

1 Replies 590 Skatījumi

Pēdējais ieraksts no spacexdragon Jun 15, 2021 at 09:40

Strategies from others.

By Gettone1 Mar 07, 2018 at 11:16

At first, of course, we look at the strategies that others use in order to get comfortable and understand the essence forever, we do not need to understand that it works for everyone in their own way.

36 Replies 2,663 Skatījumi

Pēdējais ieraksts no Skinim Jun 13, 2021 at 06:42

discipline in Fx

By Imamul Nov 20, 2019 at 09:30

So true, its discipline that set boundaries and help you make right decisions.

35 Replies 2,440 Skatījumi

Pēdējais ieraksts no Bulldog_M Jun 07, 2021 at 07:02

System holder is same with broker? Is this normal here?

By forex_trader_1712030 Aug 06, 2020 at 13:33

Look it’s always better and highly recommended to go for the MT4 trading platform offered by a reliable broker. The simple reason behind this is that the advanced trading system offered helps you implement strategies no matter how complex they seem to be. This is where brokers are gonna help. For instance, fxtm is the brokers among many offer...

3 Replies 673 Skatījumi

Pēdējais ieraksts no Piplaws May 26, 2021 at 06:39

New to the Community.

By forex_trader_30144 Dec 08, 2011 at 19:01

Every new trader should have a good plan to make money from this market.

32 Replies 2,377 Skatījumi

Pēdējais ieraksts no SteveHanks May 23, 2021 at 17:27

What leverage do you all use?

By jamesgwyther Jul 18, 2019 at 06:38

I use 1:15 - 1:30 max.

86 Replies 6,150 Skatījumi

Pēdējais ieraksts no kgiedrius Apr 27, 2021 at 11:34

Opening a New Real Account: Best Broker to Choose

By MarioSimonetti1 Dec 04, 2015 at 16:05

Check the user review first. Always trade with regulated broker in the market.

40 Replies 3,269 Skatījumi

Pēdējais ieraksts no SofieAndreasen Apr 07, 2021 at 16:08

Big news and requotes

By garrychristians Feb 09, 2021 at 11:54

Requotes usually leave you with a price worse than the one you were previously quoted. In order to avoid price requotes, you can use stop loss and take profit to avoid the issue. And yes, regulated ECN brokers are always a great option to go for.

10 Replies 1,705 Skatījumi

Pēdējais ieraksts no stevenflam Mar 05, 2021 at 12:57

Pro traders need your adivice

By Soyibjon Jan 03, 2021 at 08:04

Try to focus on your strategy at this point and keep learning the ins and outs of it. This will help you with perfecting a particular strategy.

11 Replies 1,361 Skatījumi

Pēdējais ieraksts no morkaldish Mar 05, 2021 at 11:12

Qualitative educational program

By Isakpitt May 20, 2020 at 09:04

Having a target is good. But I don't think it is wise to try making a specific amount of money every day. Your earning will depend on the market situation.

10 Replies 879 Skatījumi

Pēdējais ieraksts no GeorgeBischof Jan 28, 2021 at 18:00

Education by following the best one.

By koval Jun 16, 2016 at 09:50

It is not possible to make a profit without trading education. Every beginner trader needs education. Many traders join trading without learning anything but in the end, it is seen that he has lost his investment. So to be successful in trading, you must first learn.

6 Replies 733 Skatījumi

Pēdējais ieraksts no LeviSievwright5 Oct 22, 2020 at 02:02

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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.