If the question is for me, no, I haven’t tried. As I said before, forex is a hobby for me, so I don’t see any point in changing brokers. I’ve decided to join this conversation because found some new stuff here.
But who says about changing brokers? You don’t need to leave your broker, just try Demo account. It’s ok to work with several brokers at the same time.
Damn, I downloaded MT4. Now I have nettradex, and after looking on the webpage, I know how to work with it. It all works until I get to saving the instrument. The mistake says that the price is low, how can I make it higher?
You’ve put something very cheap with a small volume in the base part when building. You should just increase the volume by 100 points or, for example, find the place where the dollar volume is written and put there 1 or more. That should work. The price should be more than 0,1. Orient yourself in the upper right corner of the window while building.
When I faced it, I was able to figure it out. There was a window with the description of the problem, so I tried to increase one thing – didn’t work, another one – success. So currently, if I put something cheap, I also settle a good volume.
It should be attempted only on a demo account, otherwise you can suffer. When you will see that the tool works, then you can login with your real account.
The instrument will immediately demonstrate if it's working well. Look at the history of TF Daily. If in the last 3-6 months it has had a stable bull or bear trend, then the instrument is suitable for use.
That's correct, but you shoud also pay attention to the power of the trend. If the trend is weak, the instrument needs fixing. You need to find an option where the trend can stay constant and trend's power will not be low.
Power trend is not the only index on which profit depends. If you think that the profit you're getting is not enough, then just enter the deal with increased volume.
Of course! I believe it's always best to install stops. Without stops the risk of something going wrong is very high, and it's good if it only affects profit, but what if the losses will be affected, that you didn't expect?
Even if TS doesn't say where to install stops, you can install them where you see put, where you think the price won't go higher or lower in a certain period of time, like in 5 trade days.
Yes, that's a good strategy because sometimes the price makes a big leap up, for example by such a number of points, which usually passes within several days. And then it starts to go down. If you can catch that leap - that's really cool!
