I am trading this pair and have problem setting my take profit level. I am using MT5. I have a mental take profit level. When the price moves to within my take profit level, I want to set a take profit price. But the MT5 does not let me. It'll only ...

I am using MT5. I have a mental take profit level. When the price moves to within my take profit level, I want to set a take profit price. But the MT5 does not let me. It'll only let me set a take profit price that is larger than 4 pips from the ...

So, how far of a long term strategy is acceptable and yet not considered as an abuse? 1 month 3 months 6 months 1 year

1. I was responding to your reply about abuse with regards to swap free. Could you give some examples of abusing swap free? 2. So buy and close will total $7 in commission?

No answer? Do I have to register a demo account to find out this answer?

I couldn't find the commission amount for the Zero account type. Is this information disclosed anywhere on your website?

Could you help elaborate some examples that would qualify as "attempts to abuse"? If my trading strategy is long term, meaning I hold my position for weeks, sometimes even months, would this qualify as an "attempt to abuse"?

Brokers love scalpers. The more times you trade, the more commission for the broker.

Anybody any idea whether its better to use a swap or swap free account to trade using this systems?

I too have found that it is easier to identify a trend at higher timeframe. So I'm going to give this systems a try.

How many accounts have you blown?

The broker must have done an analysis of how much a trade would move within the first hour. It must be profitable to them to make this kind of offer.

Trading could be the most difficult task in the world. Not only are you trading against the rest of the world. You also have to battle against your ownself emotions and discipline. It's no wonder most of the traders lose.

Stoploss is like insurance. We can't be monitoring our trades all the time. It protects the unforeseen.

I've found that trading way below my limit makes me become emotionless. For example, if I start getting emotions when trading with 1 lot, and account size $10,000. I become emotionless to the trade if it is only 0.1 lot and account size is $1,000. ...

Unfortunately when traders start making profits, most start to become greedy and forget what discipline is.

The chances is the same as doubling your casino bankroll every hand. One might get lucky doubling his bankroll in the first few hands, but to consistently double for... even 10 hands is virtually impossible. I'm not saying it's impossible to pick 10 ...