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snapdragon1970
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Why 90% of retail traders fail...
em
Novos Negociantes
Sep 15, 2015 at 09:48
Trading is no get rich quick scheme,unless your extremely lucky and the right place and right time,if you protect your profits you have a chance.
Top Trade today
em
Novos Negociantes
Sep 15, 2015 at 09:48
I did a hedge with eur/usd -Dax ,I shorted the eur/usd and long the Dax,theres a negative correlation between the two.Some times it changes so i watch the price action of the euro,if it becomes undervalued, the DAX usually goes up.opened Eur/usd @11300.1-11298DAX opened @10124.8-10188.8 closed out of positions @ 15.10pm
Spreads
em
Novos Negociantes
Sep 14, 2015 at 08:57
Hi everyone,I see a post on here from a guy looking for lowest spreads and high bonus for signing up for a live account.The fact is that low currency spreads just means that the broker will catch you some other way,slow to close positions,freezing,slippage ,routing orders to dark pools,always question your provider how they can give such low spreads.
Brokers and true ECN brokers
em
Novos Negociantes
Sep 13, 2015 at 06:06
Hi everyone,I'm new to this site,but not new to trading.I would like to know how many traders on the site use ECN brokers and what their experiences have been?I have some inside experience of the trading profession.
Hello Guys new to myfxbook !
em
Novos Negociantes
Sep 13, 2015 at 06:06
Someone has to pay for the above mentioned,your right get a job on the other side of the desk.
Learning Forex Trading
em
Novos Negociantes
Sep 13, 2015 at 06:05
Professional traders use 1.5 -2% maximum per trade,anything above this is nuts.Open a demo to get some practice,but you wont really know how to trade until you have a live trade on,plus demo is set up differently to live accounts,find a true ECN broker so there is no conflict of interest.Leverage isn't really the problem if you understand it and act sensible with your stops.No over night positions until you get a feel for the market.
Why 90% of retail traders fail...
em
Novos Negociantes
Sep 13, 2015 at 06:05
There are many reasons why so many traders fail,first off id question this figure of 95%,I think it is less,its used by the media to scare people into getting worthless training by so called experts.Secondly what they teach has little use in the real market,too much technical analysis ,poor planning on risk,2% max per trade should be the limit,tight stop losses,no doubling up on loosing trades,over trading,stick to one product and become a specialist ,then you can try a second product,before you trade get an overview of the market-positive or negative ,look at the indices related to what your ...
Any good reads?
em
Novos Negociantes
Sep 13, 2015 at 06:03
Black swan and End to the Bull.
who can trade with support and resistance area???
em
Novos Negociantes
Sep 13, 2015 at 05:57
Be careful S/R areas are fishing areas for brokers and banks,retail stop loss areas,look at the volume around these areas.
What indicator you use for scalping?
em
Novos Negociantes
Sep 13, 2015 at 05:57
Better not to use an indicator for scalping,besides most are lagging,get use to reading the chart candles.
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