Im also new here looking to start trading live soon, can anyone recommend me some noob friendly system from the trading systems section?
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Dislikedhi guys, great thread for helping newbies like me!
just joined, have a friend who has been trading a while, so he is going to help me a little too, but advised i come here to talk to experienced traders too...
great forum, and i will take my time to read through this whole thread.
can i ask what you guys think about paying for a signal service?
my freind pays for one but isnt very happy with the service right now.
thats why he told me to come here and learn for myself!
hope i can learn alot from you all....Ignored
DislikedHi all , completely new here, I have been spending time learning chart patterns and candlesticks, and using some indicators. I have been using this system as a tool to learn, 5min intraday system
http://www.forexfactory.com/showthread.php?t=11854
I find it easier to have something to work off and learn from there.
My question is, there is an element of trading I feel I am completely missing out on, and its knowledge that others seem to have that I cant really find simple info on. And that is info related to the behaviour of markets at...Ignored
DislikedI am presently trading a demo account at FXCM. To my dismay, I am unable to open multiple tickets of the same currency.
My system trades multiple time frames. For instance, the 1 and 5 minute, with different entry and exit points.
I need to be able to open two separate lots on eur/usd, each with their own stop and limit.
Maybe I missed something, but it seems FXCM lumps each order on top of the other, leaving me with 200k open and no ability to customize a second stop-limit price.Ignored
DislikedI've seen a lot of talk about the absolute Need to set up stop losses...limiting risk ect. But........
Assuming we are talking about dealing with less then 5% of your funds.
If you make a wrong call.......Why not just leave it?
I know there is "roll over" interest, sure it changes from broker to broker.
but could someone could explain to me the math on that.
I'm just wondering if holding out would be a good thing rather then biting and loosing out. Even if holding takes a few days.Ignored