- Search Forex Factory
- 41 Results (2 Threads , 39 Replies )
- A forex market maker
A forex market maker is actually a bank or middleman who offers buy and sell prices and then ...
- James007 replied Feb 11, 2018
There is no specific best pair. It varies from person to person. For some traders EURUSD is the best. For some it's the EURJPY. For some it may be any exotic pairs. You have to find out your best pair. Every pair has its own specific ...
- James007 replied Feb 10, 2018
First day you made 600$ with a capital of 2000$. It says that how aggressive trading you did. It's not about indicators or stop loss. It's about how you use them. Not all strategies work for everyone. You have to find out what works for you. Money ...
- James007 replied Feb 10, 2018
It is not possible to get a certain percentage of gain per month. Market does not move in the same way everyday. And everyday or every month you won't get similar number of good trades. Thinking about daily percentage and monthly is a spoil to our ...
- James007 replied Feb 8, 2018
Forex trading EAs or robots are made by programmer on the basis of given strategy. And there is no strategy that work in all type of markets. You need to up date your strategy according to the market situation. When you use someone else robot, you ...
- James007 replied Feb 6, 2018
Every successful has his own customize strategies. In most of the cases it doesn't work for others. Because in forex trading psychology plays a big role and every person is different mentally from other. If you want to be successful you have to find ...
- James007 replied Feb 5, 2018
I do not calculate my risk by per trade. I calculate it as a whole. I take a total of 2% risk of my capital. It could be 1 trade or it could be up to 3 trades. My loss will not cross 2% of my capital. Suppose my balance is 5000$. I total risk 100$. ...
- MaximusFx
Hello Guys Recently I have joined with MaximusFx. I have joined with them because of their good ...
- James007 replied Feb 2, 2018
First reason most traders lose money is – they come to forex with unrealistic expectation. Like with 300$, I would earn 100$ per day. As a result they become reckless to make profit. They ignore that forex trading requires specific knowledge and ...
- James007 replied Jan 31, 2018
Well. There is no concrete answer. Everyone is different. You can't compare yourself with others. May be your understanding level is higher than others or vice versa. Then comes how much time you are giving to learn the art of trading. I would ...
- James007 replied Jan 30, 2018
Yes, it is true that trading is hard yet most people like it. Actually it becomes addiction. There are traders who trade everyday no matter if they are losing consistently. Some of them try to study more and increase their knowledge and experience. ...
- James007 replied Jan 29, 2018
I think it is relative that what works and what doesn't. What works for one may not work for others. Every trader is unique in psychologically. That's why all successful traders have their own trading style and strategy. It's the common traders who ...
- James007 replied Jan 27, 2018
No it's a bad idea to increase lot if you win a trade or loss. You can increase lot of your capital increase in good number. Suppose your capital is 5000$ and you take .05 lot. You can make it 0.06 once your capital is 6000$. You have to keep ...
- James007 replied Jan 25, 2018
No. I do not think so. It's not going to end. Yes there will be correction in rules and regulations. But shut down for retail traders is not going to happen. Brokers, institutions are making money with retail traders.
- James007 replied Jan 24, 2018
Having a mind set of a scalper, you can't apply set and forget formula. It's very common that in higher time frame you will get less trade opportunity than lower time frame. Trading is the combination of all aspects. In higher timeframe you get more ...
- James007 replied Jan 23, 2018
Most people become unrealistic when come into trading. In any other business with 10$k, people's profit expectation is realistic. But when it comes to forex their expectation soars 10 times or more. That too with being skilled. Most traders even ...
- James007 replied Jan 20, 2018
Yes. It is possible to have different prices in different broker. It is because of the spreads. Market maker brokers give spreads to the actual price. For choosing a broker you need to be careful. Do some research before choosing any broker.
- James007 replied Jan 19, 2018
Yes. You are right. It is the hardest thing to learn. I always say one thing. Just think you are not doing trading. You are doing any other business. And with (suppose) $10000 of capital, what would be your profit expectation in other business? ...
- James007 replied Jan 18, 2018
I follow both my instinct and plan. Instinct is something that doesn't work all the time. It is a practice also. The more you practice the more you develop the skills. The best thing about instinct is it never lies. The main problem is making the ...
- James007 replied Jan 17, 2018
Money is not a factor for safe trading. No amount of money is safe unless you follow good risk management policy. It's about how expert you are and how well you can manage your trade and risk. Some people think more money means I am safe. Only ...