fxeconomist

The biggest retail broker in US. Seems they had serious neglects in their risk management and didn't passed the muster. Would advice any traders who still stay with them to start search for a good alternative, as company will probably make impossible normal trading.

The more is supposed period of holding the asset (and the more is amount of investment) the less is leverage. Standard rule of investment game.

Yeah those resources embrace almost all important aspects of position sizing but lacks real examples. But nevertheless you can use your demo account to check the information for consistency, so to say . Position sizing is extremely important for Xau/Usd pair, as well as for other comdoll pairs...

I would suggest Hotforex using Renko EA, got it from forex-tsd, seems it is very powerful EA for trading on majors small position pieces, but still it is very good for big lots too. Check it out Hf has very appealing spreads and fast platform, maybe you'll like it..

Yeah I never hold positions overnight as my Hotforex applies negative swaps as well on EUR/USD. Intraday trading is far better if you are going to make short and small profits.

I thought a broker is responsible for supplying the price feed. Otherwise there is no sense for newbies to have extra expenses on it while training. In this regard MT4 is considerably better. Moreover, the quote flow goes from liquidity providers as forex is decentralized and prices are different everywhere. It is 1-2 pip difference with my Hotforex quotes and paid feed from CNBC feed, for example..

I would rather attend their webinars elaborating on fundamental trading, wish they'll hold one soon..

Why not? Open and hold long position and then open short one for short-term period. Guess in MT4 you'll be required to do it manually, unless you don't have an EA for it. P.S. with stop and limit orders you can do even more...

When you will open real account, feel free to pick some of their bonuses, only benefit, no harm at all..

The difference is that in case of demo your money still stays in your pocket and in case of real you can lose them in a blink of eye..

Pip may contain different profit 1,10, 100 dollar.. the point is to find suitable amount of risk and acceptable amount of profit you are ready to carry..

good for demo, but not for real. Exposing your money to a real risk with some dumb decision of follow unknown signals is something from my nightmares. I did use paid signals from MQL 5 but soon gave up it, because of worsened performance, moved to fixed spread HF account and trade myself there

The more pips you expect to get the more is probability for trend change under the influence of different events constantly occurring. But on the flip side the bigger is timeframe the stronger is trend. Thus, to obtain clearer conclusion we have to also know how much is the capital, leverage and lot size your broker allows to trade you. For me, my average trade settings are 10 lot size (because of premium acc. on Hotforex), 1:400 leverage, 2500 $ margin, average in-market time is 3-4 min..

Yeah, perhaps he has mental problems, but more probably he is just drawing a picture of himself where he is perfect forex trader. It is so easy on forex to do useless things considering it as productive work..

Well, an approach where you focus on some particular trading point is already incorrect. My trading analysis consist of several factors - price, market history, trader's general sentiments, money management, my broker Hotforex trading conditions (spreads, slippage, etc.) Seeing only money in the field of sight is the direct way to losses.

It is always a sense to buy gold in long term run because it will grow in price whenever economic scenario gonna take its way. But my broker Hotforex offers only CFD on gold no futures, but i thing it is enough to speculate and get good 20-30 pips everyday

Experiments with strategy are always a good thing, especially if you can allow for yourself to lose a couple of bucks on micro or nano lot. You gonna faster come to what are you striving for in trading.

Jeez, his contributions were invaluable for us:rofl:. Though I am not keen on reading reasonings of mental sentiments over trading (preparing mentally is something of a pushover for me), as they lack sense load considerably. It is better to discuss something techy, steep into indicators, economic events, etc.

Even being in constant research for useful resources for trading I've never come across with BMT forum. Just find out about it here. I think the point of debates is a try of a broker firm to get a leverage on internet forums as a whole source of "unbiased" traders information. As traders used to seek a trust in the forums, (me too, as I found my broker Hotforex, browsing FPA folders) it is very important for broker to sort out this different marketing channel for them. That's it. This case show us what side will get the win and determine in some degree future points of contacts between these two Forex related projects.

Easy! Sure there is some examples how to interpete price feed find KRT and open trades using their signal. Actually I've never tried this method, because I am fundamental trader mostly..

I take advantage of the resources which offer my Optiontrade broker - basics of tecnhical and fundamental analysis, trading tools, timeframes etc., you can also join webinar with Binary Barry - individual trainings with him will cost you a lot of money. I was suprised but my broker offers it absolutely free.

Just digged up this interesting gig on forex topic http://www.wikihow.com/Choose-a-Competent-Forex-Broker. If you still musing over what broker will be best for your hope this article will help you to make right decision..

Any tries to make profit on this pair. Got this pair on hotforex week ago but still don't know how to interprete Chinese regulatory actions...

BTC calmed down and not so crazy as before. If you didn't catch the wave of recent years it is much more risk to get down to trading it with low volumes..

When I started to trade with Hotforex I was totally newbie. But patiency and a lot of spare time have done their part. Just don't give up and don't hurry.