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- DwainUK replied Dec 21, 2018
In order to open the same volume trades as with 1:1000 ($3000 capital), on 1:100- you should have $ 30 000 capital
Question About LeverageKeep in mind, that the higher leverage gives you the opportunity to open bigger volumes with lower margin (capital) ...
- DwainUK replied Dec 21, 2018
I agree with this. Additionally, I think the bigger timeframes are more likely to be analyzed. It is impossible to make any technical or fundamental analysis on M1 or M5. But the H1, H4 or D1 are more possible to be successfully analyzed
Profitable Trading
- DwainUK replied Dec 21, 2018
Good points. I think, if you can double your capital on demo 3-4 times and your strategy shows a steady growth- it is perfect reason to try on live. But if you will start on live only because you are on profit today- it is better to stay on demo
Is trading really that hard?
- DwainUK replied Dec 21, 2018
It makes sense, but the strategy (EA) should be created by professional coders, with risk management included and tested.
Hedge a losing position?
- DwainUK replied Dec 21, 2018
There are a lot of comparison websites in Internet with rating option. Actually, such websites are very helpful in order to find the best brokers. I think, if the ForexFactory enables the rating option, it will be perfect
broker for newbie
- DwainUK replied Dec 14, 2018
Hey fx4money, could you please share this EA? It looks interesting and I will be pleased to test it
Hedge a losing position?Thanks.
- DwainUK replied Dec 14, 2018
Actually, I think this is a useless EA, without sense to be ordered. It opens two positions: BUY and SELL, at the same time and martingales the losing position. Therefore, it is a hedging EA, without any strategy for entry. It just opens two orders, ...
ReCharged SMG EA
- DwainUK replied Dec 14, 2018
Yea, I am asking the same question every time when I use wire
Delay in money transfer through bank wireSometimes It is processed within few hours, sometimes within few days
I think, it depends on the transaction conditions of the relevant banks. Actually, it may depend on the ...
- DwainUK replied Dec 14, 2018
I agree with this. I am using it very often, in order to make my comparisons and find the best brokers which are matching with my trading style
broker for newbie
- DwainUK replied Dec 14, 2018
The system automatically calculates your free margin as a “margin level” in %. When you open positions, your free margin is decreasing => therefore, your margin level is decreasing as well. According the new ESMA trading conditions, when your margin ...
What is money management? Is it martingale?
- DwainUK replied Dec 6, 2018
Wow, great screenshots mate. It is visible, how the indicators have drawn a different graph on both pictures. I am interested to see more screenshots with differences visible
Demo vs. Live Account discrepancies
- DwainUK replied Dec 6, 2018
It is better to find a broker, which provides core spreads, starting from 0. For example 0,1-0,4 floating spread is fine. Additionally, make sure that the broker is NDD (No Dealing Desk), so he will not able to trade against you.
Should Trade with Broker offering low spread or wide spread?
- DwainUK replied Dec 6, 2018
Hedging a losing position is like betting at the same time on “red” and “black” colors on the Roulette- no sense
Hedge a losing position?
- DwainUK replied Dec 6, 2018
It doesn’t open positions, because the EA seems paid. Probably if you try to run it on real- an alert message will appear, with the e-mail of the owner
ReCharged SMG EA
- DwainUK replied Dec 6, 2018
Wow, this indicator looks amazing
Fast moving currencyCould you please advise, whether the green ones are most volatile pairs ? Additionally, if you share the indicator, will be great
Thanks.
- DwainUK replied Dec 3, 2018
I agree with this. The Forex calendar could be one of your best friends if you know how to benefit from it.
Fast moving currency
- DwainUK replied Dec 3, 2018
Usually from EU Bank to EU Bank is fastest. And accordingly form Non EU Bank to EU Bank or from EU bank to Non EU bank is slower (it could takes 5-7 business days). Additionally, you can always request from your bank to provide you a SWIFT document ...
Delay in money transfer through bank wire
- DwainUK replied Dec 3, 2018
A Breakout refers to a security's price movement through a historical resistance level. A breakout typically precedes heavy trading volume and increased volatility.
What does the term "Breakout" mean in Forex
- DwainUK replied Dec 3, 2018
Hey UlliC, what do you think for the brokers which are providing 1:1000 or 1:2000 leverage ? The trading with such high leverage gets very dangerous journey, is it ?
I am searching for cent broker with min 1:200-500 leverage
- DwainUK replied Dec 3, 2018
Of course, with IB is better. You could benefit from some better conditions, depending on IB's agreement with the broker. But of course, you should contact with the IB in order to check what will be the benefit
broker for newbie