DislikedHi, 2 years back I came to know about Forex from my uncle who lives in Spain. From there i started to gather knowledge about the market. It took me 4 months to gain the knowledge to become a trader. After that, I started a demo account and made some profit. I got excited and opened a real account. That was my worst experience. Many of the trades hit the S/L (even the market never went to that point) and when i asked my account manager about that he said it might be because of the current spread. So, i ignored the whole thing and moved on & i think...Ignored
If it does. I place my stop just below the turning point. This way I know if the market turns, it's because the buyers have given up on pushing and the sellers are taking over.
Is there market makers? Yes. Their job isn't to take your money. Their job is to push their agenda. You are collateral. But because of them retail trading is possible for the common men. So if you got stop out? Don't be afraid to jump back in.
You're going to pay a price for every bloody thing you do and don't do