I wasn't trying to be rude and call you stupid.
JOHN 3:16
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DislikedHelloi love the idea of this thread because I'm also a newbie(started few months ago). I have some problems with the market because i go to work and can only trade after 15.30 gmt. I know it's not that late but often i have the feeling that the market is in a range. I've tried some systems like the genesis and the symphonie matrix but they all recommend trading this methods after london open. So I'm searching for a good method to trade after 15.30 gmt. A few days ago I downloaded the mt4 app for my phone but the problem is that there is no possibility...
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Dislikedone more question how to make trading quote/other show in the green circle as show in pic...sorry about take your as example.....dont be mad....if does i apologize{image}
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Disliked{quote} Up at the top of the screen where you see your username click that. Then in the middle of the screen on the top click settings. In there you will find a place that says "text signature".Ignored
Disliked{quote} One thing you can do is trade on daily charts. But if you are wanting to trade and able to monitor charts every hour, here is a good system for you to take a look at. http://www.forexfactory.com/showthread.php?t=7603Ignored
Disliked{quote} Vono, During my trading, I have found it is very hard to make only 10 pips a day. Don't take that the wrong way. 10 pips to get are simple. Closing a trade at 10 pips is the hard part. You see the positive pips and feel you are right. You let the trade go cause those 10 pips were so easy to get and think it will go to 20 pips. It drops back down to 1 or 2 and instead of closing the trade, you let it go cause it "has" to go back up. Next thing you know, you are down 10 pips or even more. When you are looking to make a trade and only get 10...Ignored
DislikedI have a complete newbie question... What's the catch when scalping? I' ve been demo trading on an account set up with a 100euros on 50:1 leverage. As far as I can tell from the documentation the broker allows an initial capital that small with that leverage as well as trades of any size and has no restrictions on timings of positions held and trades. Managing a few (10 or so) very short-period trades a day to gain only a couple of pips (after fees) with very little risk (since stop loss is also at a couple of pips) brought 20% a day. Now at 1000E...Ignored
Disliked{quote} The only catch is it seems possible but in reality it's actually very hard to do with any consistency because you're using a very tight stop of just a few ticks. The best way is to find out things for yourself with some real money at risk. Open an account, risk $1-$5 per trade to start with and see how you get on.Ignored
Disliked{quote} Is that all really? I mean...there is no hidden mechanics in the demo traders or something like that? By no means am I saying it's easy (even those few small trades are done with a maximum of research) or playing it smart... Just asking whether demo traders accurately reflect live trading all things considered equal: i.e. if i made those same trades at the same prices and with the market behaving the same way...assuming that market behaviour in demo traders is similar (in terms of mechanics and response) to the real market would I end up...Ignored