MT4 Trade Managers - Day Trade Forex Success Strategies

Monthly Performance Discussion

Monthly Performance Discussion

https://preview.redd.it/e5n8a9bpggw51.png?width=1644&format=png&auto=webp&s=b55191100dbdb9fda112c2c0dfc5871ff50aafd0
I see a lot of people posting one-off trades on this subreddit, which aren't really representative of much in Forex. So I am posting a month of performance data, in the hopes that others do the same to start a discussion around longer-term performance.
  1. This was taken from my FX Blue account which tracks this trading account via Mt4 (for those unaware and want to give it a try).
  2. I should say that I am not taking the trades myself, the trades were done by an algorithm I programmed. It closes all trades on Friday hence the sometimes sharp declines in the balance. For anyone interested it is a simple trend-following strategy with some secret sauce.
  3. This month was very choppy (from my perspective) and it was quite evident in my equity.
  4. The account is a 1:100 leverage account but the strategy doesn't use more than 1:20. (Risk Management)
  5. The performance ended at +2.2% for the month (on a large account balance). I think this is important for people to see/know. Many newbies want to do 50% in a month and more power to them if they can over a long period of time.
  6. I trade 7 currency pairs (NZDUSD, EURUSD, AUDUSD, USDCHF, EURJPY, GBPUSD, AUDCAD). Although GBPUSD has been very mean to me the last three months I may remove him lol.
  7. The portfolio traded 202 trades.
  8. I must have spent 1 hour this month involved with it, which makes me happy.
As you can see you need a strong stomach to trade my strategy lol.
How has October been for you? How many trades did you take? What's your performance like? What do you think of my performance? (I know the equity curve sucks but *shrug* I'm fine with it)
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Forex Signal Fraud ! Forex Signal Factory. I am Finished !

So I have been searching these forex signals to invest my 4 years of saving. And found a huge page on telegram called “Forex Signal Factory”, I saw that they offer account management where they will control your account and take 50% share of the profit. But the requirement is 1:500 leverage 10000 usd account etc. So I asked them why should I share my large account with them. They said that they will only ask for my mt4 credentials. So I thought yeah right they wont be able to withdraw money only using mt4 username passwords right ? And what is in it for them if they blow up my account right ? They need to make profit with my account so that they can also profit to get the 50 50 share right ? Well thats what I thought and gave them the mt4 credentials with 10000 usd in it. Well after 6 hours I entered my mt4 app and this is what exactly I saw. -2400 -2600 -1800 and so on. I had a mini heart attack and didnt know what was going on. I didnt know what to do, my finger were shaking and I was feeling numb (still now). I changed my password right away and contacted them what was going on. They told that it was my fault for closing the trades…. I was like WHAT? I didnt even know what was going on until I saw this. They were already closed with around 9400usd loss. Then they didnt reply and gone just like that. All I am saying is that yes I did a huge mistake. I dont know what to do. I am in a Lot of Pain right now and I dont want you to go through the same fate. I dont know how but they have these huge followers and posts since 2019 about gains but please dont let your eyes decieve you. They destroyed me, I dont know what these devils got from it but I am warning you please dont trust them or follow them. If you want to earn money from forex then do it on your own way, just learn strategies from the tutors but giving account for management is the last thing u should do. Please dont do the same mistake I did. And please share this to raise awareness and so that everyone knows about this. 🙏
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BrokerXP Reviews

BrokerXP Reviews

My perspective of How BrokerXP review help me and how can help you also.

In this review, we are taking a look at a trading platform that is used by traders all around the world. BrokerXP offers a varied range of financial products with competitive fees and an easy-to-use trading interface.
With advanced trading tools and charting features.

BrokerXP Slogan

BrokerXP Fees

If trading fees are important to you, then BrokerXP has you covered. BrokerXP offers low spreads that are available to all customers. For forex traders, BrokerXP has no fees at all, this means that you can maximize profits when trading currency pairs. The broker also offers a guaranteed stop-loss order which Is when clients get their stop-loss order rate guaranteed when setting a risk threshold in their position. BrokerXP also offers a 200:1 leverage ratio, which means that for every $1 in your account, you control $200 in the market. So if you are trading and don’t have much capital, you can still generate significant income as your profits can be multiplied by 200x. However, if you are a beginner then it is not advised that you use leverage on your trades. As profits are multiplied, so are losses. Before leveraging, learn the basics and trade using a demo account as this can stop you from losing too much money when you start trading actual capital.

BrokerXP Security

MT4 and BrokerXP have end-to-end encryption that secures trades and funds that are within the trading account itself. Imagine your trading account like a debit card, you wouldn’t put thousands of dollars in your debit card and leave it on a park bench. So when choosing what trading platform you want to go with, make sure that they take the security of your account and funds are serious as you do.
To find more answers please watch this video
https://www.youtube.com/watch?v=VyMdFz8Rh18

BrokerXP MT4

MetaTrader 4 is seen as the flagship trading platform, used by individual traders at home and large institutional investors alike. The platform is available on iPads, iPhones, Android phones, Android tablets, and just about any other web-enabled device. If you want to use the desktop version, instead of the web-app version, then you can download the desktop version and trade from the version. Once you’ve downloaded or loaded the platform, you can log in using your BrokerXP credentials. You can customize the charting interface, changing between light and dark mode, along with some other interface elements. Like with most online platforms, the security flaws come as a result of the customer not securing their side of things. This means that when you are trading, make sure to use long passwords that are difficult to guess and crack. Also, try and avoid trading on public computers as these can lead to your account being compromised.
On MT4 you will notice some phrases on the trading interface, here is some explanation of what they mean. When you see the Symbol tab, this means that you can choose between markets. BrokerXP offers many different trading asset options. You can trade forex, gold, stocks indices, and more. The volume tab is where you decide on your trading size. When you see 1 lot, this is equal to 100,000 units of the base currency. The Type tab is where you decide on your trade execution mode, we advise that you stick to ‘instant execution’ as this will place a trade as soon as your press ‘buy’ or ‘sell’. If you set a ‘pending order’, then the platform will make the trade when the market opens back up. The forex market is open 24/7, so this execution method will rarely be available. Stop-loss is another term that you may see on the MT4 interface, this means that your trades are exited when your profits hit a predetermined point.
Depending on what type of trader you are, the platform will offer you a specific set of charting timeframes that best suit you. For example, if you are day trading you may look at charts on a 10-minute timeframe. MT4 offers charting timeframes for 1 minute, 5 minutes, 10 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, and 1 month. You can also set custom timeframes in case the standard ones are not suitable for your trading technique.
Along with advanced timeframes, MT4 also offers 30 technical indicators such as the Elliot Wave indicator, Bollinger Bands, and pivot points, along with many more. There are also third-party add-ons that can be integrated with the platform in order to customize your interface further. Add-ons like Stealth Orders and Alarm Manager are two of the most popular addons. The first is an extension, Stealth Orders is designed to anonymize trades, with Alarm Manager helping coordinate alerts and notifications. With MT4, you can also create your own extensions using Java API, which is one of the platforms most advantageous features, as it can make everything unique.

BrokerXP Mobile Trading

The MetaTrader 4 mobile app is designed with the main focus being on ease-of-use. The mobile app is packaged with lots of research tools, advanced charts, and watch lists for scanning, with many more features.
When using BrokerXP’s mobile trading app (MT4), the look and feel of the mobile app have the same appearance as the web version. This means that if you know to operate the web-based platform, then the mobile app will be easy for you to grasp. With charting, you are given the same charts that are offered on the web app. However, due to the mobile screen being smaller, carrying out advanced forex analysis may be more difficult on mobile devices. But for making orders, setting stop loss or checking basic tasks, the mobile app is more than capable of doing so. The main benefit of using the mobile app is that you can make trades on the go. You no longer have to be at your computer or office in order to set trades. Let’s say that you make a trade at home then go grocery shopping. Whilst you are out you realize that you didn’t set stop-loss in your rush and your pair is depreciating when you check. Now, you can use your mobile to exit a position immediately, you don’t need to wait until you get home.

BrokerXP Customer Service

BrokerXP has a great dedicated customer service team, they are very professional and offer solutions to all of the problems that you could present them with. If you are a new trader, then you may encounter some problems when trying to get to grips with a new trading platform, so BrokerXP offers extensive educational resources. These educational resources are designed to help people familiarise themselves with the platform and all of the financial assets that are available to be traded on the BrokerXP platform. The MT4 platform also has a customer support team that is able to deal with any questions or issues that you are having on the trading side of things. MT4 also has a community section for traders, where questions about trading can get answered. A community forum is a great place for you to get tips about trading and non-essential things that the customer support team may not need to answer.
For customer service, you could read here and on this link.
To conclude, BrokerXP is one of the best choices for financial asset trading available.
Their low fees and advanced features make it perfect for beginners and pros alike.
For more reviews, you should visit official reviews on the website, Trustpilot and Sitejabber.
We highly suggest visiting also on Patch following links for more info and updated news
https://patch.com/california/los-angeles/calendaevent/20200929/898131/brokerxp-reviews-are-happening
https://patch.com/california/los-angeles/classifieds/announcements/171418/brokerxp-is-having-own-reviews-in-pacific-palisades
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Gbpusd Analysis/ Sniper Entry - Result - Profit Target hit #forex_tradin...

Gbpusd Analysis/ Sniper Entry - Result - Profit Target hit #forex_trading_strategy #forex_trading #forex_trading_strategies
WATCH VIDEO HERE
Forex Trade - Technical Analysis Recap
Gbpusd
12 November 2020
.......................................................................................................
#Here_is_our_recap_on_this_pair,
Total gain of 280 pips this week of gbpusd, once trade was entered gbpusd just kept its bullish moment and reached our profit target
. #Note_:_Read_Disclaimer_Below
........................................................................................................................
Don't Forget to #Like_and_Subscribe to our YouTube Channel so you wont miss any analysis. $30 NO DEPOSIT BONUS available ONLY to New Clients and Claim Yours Before the Promotion is Over. https://clicks.pipaffiliates.com/c?c=...
......................................................................................................
Forex trade entry will only be taken if all rules of our forex trading strategy will be met. At the moment we will monitor price action at the marked zone, Then we will look for an entry according to our forex trading analysis with proper Risk management, and with a good risk to reward ratio. You can keep this pair's forex trading analysis on your watchlist and monitor it. If your forex trading rules and your strategy align with the analysis made, only then you can decide to take your trades or not. Have a good forex trading day everyone. New to forex trading ?? If you don't have a forex trading account and would like to try forex trading, then follow the link below to open your forex trade account with a trusted broker. Recommended Broker https://www.xm.com/referral?token=Luz... You don't have to use this broker, you can choose other brokers also if you find them. ...............................................................................................
Note : USE PROPER RISK MANAGEMENT.
: Use your own strategy and to reconfirm setups before taking any trades. ................................................................................................
Blog Site - https://forextradingforbeginners101.b...
Telegram - https://t.me/fxlifestyletelegram
Tradingview - https://www.tradingview.comlovelove
Twitter - https://twitter.com/FxLifes30183986
Pinterest - https://www.pinterest.com/forexlifestyle
Facebook Page - https://www.facebook.com/Fx-Lifestyle...
Facebook Group - https://www.facebook.com/groups/64826...
YouTube - https://youtube.com/channel/UC23pgPGP...
.............................................................................
Recommended Broker https://www.xm.com/referral?token=Luz...
.........................................................
@@ Next big crypto... mine before launch.. @@ The Story Of Pi - The First Digital Currency You Can Mine On Your Phone.
Invitation Link Below
https://minepi.com/Hunter30
Use the code "Hunter30" People can join through personal invitations only. ..................................................................................................................... #forex,#forex_trading,#beginner_trader,#beginners_guide_trading,#beginners_forex_guide,#forex_trading_for_beginners_course,#trading_for_beginners,#forex_trading_for_beginners_mt4,#forex_trading_strategies_for_beginners,#forex_trading,#daily_forex_forecast_for_beginners,#daily_forecast_for_beginners,#forex_trading_strategies,#forex_daily,#daily_forex_analysis,#Forex_strategies,#Analysis_today,#forex_trading_strategy,#trading_strategy_for_beginners,#forex_trading_metatrader_4#forex_trading_live,# #Forex_trading_for_beginners, #forex_trading_platforms, #forex_trading_strategies,#learn_forex_trading,#forex_for_beginners,#forex_trading_for_dummies,#forex_trading_training,#best_forex_brokers_for_beginners,#price_action,#forex_strategies,#scalping_strategy,#forex_indicators,#scalping_forex,#50_pips_a_day_forex_strategy,#price_action_strategy,#day_trading_and_swing_trading_the_currency_market,#price_action_forex,#forex_scalping_strategy,, #how_to_trade_forex, #how_to_trade_bitcoin, #how_to_trade_online, #how_to_trade_option, #how_to_trade_stocks, #how_to_trade_with_$100,#how_to_trade_forex_successfully. .......................................................................................................................
Disclaimer - Any information shared is intended for educational purposes only and does not give financial advice. Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose. Forex Trading For Beginners, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.
submitted by technicalanalysis101 to u/technicalanalysis101 [link] [comments]

Reddit : Forex Trading For Beginners - Audusd Analysis In 60 sec

Reddit : Forex Trading For Beginners - Audusd Analysis In 60 sec
#forex_trading #forex_trading_strategies
https://www.youtube.com/watch?v=rNdBgsiWCEw
Forex Trade - Technical Analysis Audusd
Analysis Number 11
11 November 2020
......................................................................................................
. #Here_is_our_forex_analysis_on_this_pair,
Daily is a strong uptrend and the structure is all bullish. We will wait for the price to come back down to our zone then we will look for confirmations.
#Note_:_Read_Disclaimer_Below
........................................................................................................................
Don't Forget to #Like_and_Subscribe to our YouTube Channel so you wont miss any analysis. $30 NO DEPOSIT BONUS available ONLY to New Clients and Claim Yours Before the Promotion is Over. https://clicks.pipaffiliates.com/c?c=... .
.....................................................................................................
Forex trade entry will only be taken if all rules of our forex trading strategy will be met. At the moment we will monitor price action at the marked zone, Then we will look for an entry according to our forex trading analysis with proper Risk management, and with a good risk to reward ratio. You can keep this pair's forex trading analysis on your watchlist and monitor it. If your forex trading rules and your strategy align with the analysis made, only then you can decide to take your trades or not. Have a good forex trading day everyone. New to forex trading ?? If you don't have a forex trading account and would like to try forex trading, then follow the link below to open your forex trade account with a trusted broker.
Recommended Broker https://www.xm.com/referral?token=Luz... You don't have to use this broker, you can choose other brokers also if you find them. ...............................................................................................
Note : USE PROPER RISK MANAGEMENT.
: Use your own strategy and to reconfirm setups before taking any trades.
................................................................................................
Blog Site - https://forextradingforbeginners101.b...
Telegram - https://t.me/fxlifestyletelegram
Tradingview - https://www.tradingview.comlovelove
Twitter - https://twitter.com/FxLifes30183986
Pinterest - https://www.pinterest.com/forexlifestyle
Facebook Page - https://www.facebook.com/Fx-Lifestyle...
Facebook Group - https://www.facebook.com/groups/64826...
YouTube - https://youtube.com/channel/UC23pgPGP...
.............................................................................
Recommended Broker https://www.xm.com/referral?token=Luz...
.........................................................
@@ Next big crypto... mine before launch.. @@ The Story Of Pi - The First Digital Currency You Can Mine On Your Phone.
Invitation Link Below https://minepi.com/Hunter30 Use the code "Hunter30" People can join through personal invitations only.
..................................................................................................................... #forex,#forex_trading,#beginner_trader,#beginners_guide_trading,#beginners_forex_guide,#forex_trading_for_beginners_course,#trading_for_beginners,#forex_trading_for_beginners_mt4,#forex_trading_strategies_for_beginners,#forex_trading,#daily_forex_forecast_for_beginners,#daily_forecast_for_beginners,#forex_trading_strategies,#forex_daily,#daily_forex_analysis,#Forex_strategies,#Analysis_today,#forex_trading_strategy,#trading_strategy_for_beginners,#forex_trading_metatrader_4#forex_trading_live,# #Forex_trading_for_beginners, #forex_trading_platforms, #forex_trading_strategies,#learn_forex_trading,#forex_for_beginners,#forex_trading_for_dummies,#forex_trading_training,#best_forex_brokers_for_beginners,#price_action,#forex_strategies,#scalping_strategy,#forex_indicators,#scalping_forex,#50_pips_a_day_forex_strategy,#price_action_strategy,#day_trading_and_swing_trading_the_currency_market,#price_action_forex,#forex_scalping_strategy,, #how_to_trade_forex, #how_to_trade_bitcoin, #how_to_trade_online, #how_to_trade_option, #how_to_trade_stocks, #how_to_trade_with_$100,#how_to_trade_forex_successfully. .......................................................................................................................
Disclaimer - Any information shared is intended for educational purposes only and does not give financial advice. Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose. Forex Trading For Beginners, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.
submitted by technicalanalysis101 to u/technicalanalysis101 [link] [comments]

Forex Trading For Beginners - Cadchf Forecast for Nov 16 - 20

Forex Trading For Beginners - Cadchf Forecast for Nov 16 - 20 Forex Trade - Technical Analysis Cadchf Analysis Number 1 15 November 2020
https://forextradingforbeginners101.blogspot.com/2020/11/forex-trading-for-beginners-cadchf_14.html
.......................................................................................................
#Here_is_our_forex_analysis_on_this_pair,
Currently Cadchf is on a bullish structure. We will monitor price action at the marked zone for any confirmations according to our rules to go long. #Note_:_Read_Disclaimer_Below ........................................................................................................................ Don't Forget to #Like_and_Subscribe to our YouTube Channel so you wont miss any analysis. $30 NO DEPOSIT BONUS available ONLY to New Clients and Claim Yours Before the Promotion is Over. https://clicks.pipaffiliates.com/c?c=... ...................................................................................................... Forex trade entry will only be taken if all rules of our forex trading strategy will be met. At the moment we will monitor price action at the marked zone, Then we will look for an entry according to our forex trading analysis with proper Risk management, and with a good risk to reward ratio. You can keep this pair's forex trading analysis on your watchlist and monitor it. If your forex trading rules and your strategy align with the analysis made, only then you can decide to take your trades or not. Have a good forex trading day everyone. New to forex trading ?? If you don't have a forex trading account and would like to try forex trading, then follow the link below to open your forex trade account with a trusted broker. Recommended Broker https://www.xm.com/referral?token=Luz... You don't have to use this broker, you can choose other brokers also if you find them. ............................................................................................... Note : USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades. ................................................................................................ Blog Site - https://forextradingforbeginners101.b... Telegram - https://t.me/fxlifestyletelegram Tradingview - https://www.tradingview.comlovelove Twitter - https://twitter.com/FxLifes30183986 Pinterest - https://www.pinterest.com/forexlifestyle Facebook Page - https://www.facebook.com/Fx-Lifestyle... Facebook Group - https://www.facebook.com/groups/64826... YouTube - https://youtube.com/channel/UC23pgPGP... ............................................................................. Recommended Broker https://www.xm.com/referral?token=Luz... ......................................................... @@ Next big crypto... mine before launch.. @@ The Story Of Pi - The First Digital Currency You Can Mine On Your Phone. Invitation Link Below https://minepi.com/Hunter30 Use the code "Hunter30" People can join through personal invitations only. ..................................................................................................................... #forex,#forex_trading,#beginner_trader,#beginners_guide_trading,#beginners_forex_guide,#forex_trading_for_beginners_course,#trading_for_beginners,#forex_trading_for_beginners_mt4,#forex_trading_strategies_for_beginners,#forex_trading,#daily_forex_forecast_for_beginners,#daily_forecast_for_beginners,#forex_trading_strategies,#forex_daily,#daily_forex_analysis,#Forex_strategies,#Analysis_today,#forex_trading_strategy,#trading_strategy_for_beginners,#forex_trading_metatrader_4#forex_trading_live,# #Forex_trading_for_beginners, #forex_trading_platforms, #forex_trading_strategies,#learn_forex_trading,#forex_for_beginners,#forex_trading_for_dummies,#forex_trading_training,#best_forex_brokers_for_beginners,#price_action,#forex_strategies,#scalping_strategy,#forex_indicators,#scalping_forex,#50_pips_a_day_forex_strategy,#price_action_strategy,#day_trading_and_swing_trading_the_currency_market,#price_action_forex,#forex_scalping_strategy,, #how_to_trade_forex, #how_to_trade_bitcoin, #how_to_trade_online, #how_to_trade_option, #how_to_trade_stocks, #how_to_trade_with_$100,#how_to_trade_forex_successfully. ....................................................................................................................... Disclaimer - Any information shared is intended for educational purposes only and does not give financial advice. Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose. Forex Trading For Beginners, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.
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Nzdcad Analysis - After 22 days and 98 4hr Bars Got Triggered - Buy #forex_trading

#forex_trading_strategies
Watch Video Here
https://youtu.be/JIogpn0d9FY
Forex Trade - Technical Analysis
Gbpcad 11
November 2020
Previous Analysis https://youtu.be/lOpvwq53xQo ....................................................................................................... #Here_is_our_forex_analysis_on_this_pair, Pair did exactly as it was analyzed #Note_:_Read_Disclaimer_Below ........................................................................................................................ Don't Forget to #Like_and_Subscribe to our YouTube Channel so you wont miss any analysis. $30 NO DEPOSIT BONUS available ONLY to New Clients and Claim Yours Before the Promotion is Over. https://clicks.pipaffiliates.com/c?c=... ...................................................................................................... Forex trade entry will only be taken if all rules of our forex trading strategy will be met. At the moment we will monitor price action at the marked zone, Then we will look for an entry according to our forex trading analysis with proper Risk management, and with a good risk to reward ratio. You can keep this pair's forex trading analysis on your watchlist and monitor it. If your forex trading rules and your strategy align with the analysis made, only then you can decide to take your trades or not. Have a good forex trading day everyone. New to forex trading ?? If you don't have a forex trading account and would like to try forex trading, then follow the link below to open your forex trade account with a trusted broker. Recommended Broker https://www.xm.com/referral?token=Luz... You don't have to use this broker, you can choose other brokers also if you find them. ............................................................................................... Note : USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades. ................................................................................................ Blog Site - https://forextradingforbeginners101.b... Telegram - https://t.me/fxlifestyletelegram Tradingview - https://www.tradingview.comlovelove Twitter - https://twitter.com/FxLifes30183986 Pinterest - https://www.pinterest.com/forexlifestyle Facebook Page - https://www.facebook.com/Fx-Lifestyle... Facebook Group - https://www.facebook.com/groups/64826... YouTube - https://youtube.com/channel/UC23pgPGP... ............................................................................. Recommended Broker https://www.xm.com/referral?token=Luz... ......................................................... @@ Next big crypto... mine before launch.. @@ The Story Of Pi - The First Digital Currency You Can Mine On Your Phone. Invitation Link Below https://minepi.com/Hunter30 Use the code "Hunter30" People can join through personal invitations only. ..................................................................................................................... #forex,#forex_trading,#beginner_trader,#beginners_guide_trading,#beginners_forex_guide,#forex_trading_for_beginners_course,#trading_for_beginners,#forex_trading_for_beginners_mt4,#forex_trading_strategies_for_beginners,#forex_trading,#daily_forex_forecast_for_beginners,#daily_forecast_for_beginners,#forex_trading_strategies,#forex_daily,#daily_forex_analysis,#Forex_strategies,#Analysis_today,#forex_trading_strategy,#trading_strategy_for_beginners,#forex_trading_metatrader_4#forex_trading_live,# #Forex_trading_for_beginners, #forex_trading_platforms, #forex_trading_strategies,#learn_forex_trading,#forex_for_beginners,#forex_trading_for_dummies,#forex_trading_training,#best_forex_brokers_for_beginners,#price_action,#forex_strategies,#scalping_strategy,#forex_indicators,#scalping_forex,#50_pips_a_day_forex_strategy,#price_action_strategy,#day_trading_and_swing_trading_the_currency_market,#price_action_forex,#forex_scalping_strategy,, #how_to_trade_forex, #how_to_trade_bitcoin, #how_to_trade_online, #how_to_trade_option, #how_to_trade_stocks, #how_to_trade_with_$100,#how_to_trade_forex_successfully. ....................................................................................................................... Disclaimer - Any information shared is intended for educational purposes only and does not give financial advice. Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose. Forex Trading For Beginners, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.
submitted by technicalanalysis101 to u/technicalanalysis101 [link] [comments]

Forex Trading For Beginners - Cadjpy 60 sec Analysis #forex_trading

Forex Trading For Beginners - Cadjpy 60 sec Analysis #forex_trading#forex_trading_strategies
https://www.youtube.com/watch?v=6T1DcYvm6VY
Forex Trade - Technical Analysis
Cadjpy
Analysis Number 12
11 November 2020
.......................................................................................................
#Here_is_our_forex_analysis_on_this_pair,
Weekly is a strong uptrend and daily structure has shift from bearish to bullish. We will be monitoring price action at the marked zone for any setup according to our strategy. #Note_:_Read_Disclaimer_Below
........................................................................................................................
Don't Forget to #Like_and_Subscribe to our YouTube Channel so you wont miss any analysis. $30 NO DEPOSIT BONUS available ONLY to New Clients and Claim Yours Before the Promotion is Over. https://clicks.pipaffiliates.com/c?c=...
......................................................................................................
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Disclaimer - Any information shared is intended for educational purposes only and does not give financial advice. Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose. Forex Trading For Beginners, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.
submitted by technicalanalysis101 to u/technicalanalysis101 [link] [comments]

Forex

Website: https://www.fxopen.com

Address:P.O. Box 590,
Springates East, Government Road,
Charlestown, Saint Kitts and Nevis

Phone: +64-9-801-0123

FXOpen broker provides traders an access to Forex and cryptocurrency markets.
You can open an account from 1 USD and start trading.

FXOpen was founded by a group of traders as an educational center in 2005 before establishing itself as a Forex brokerage. With years of experience, the company has gained an excellent reputation as one of the leading and fastest-growing Forex brokers.

Our mission is to offer traders professional services in Forex and cryptocurrency trading, managing and investing in PAMM accounts, analytics, all backup with excellent customer support. FXOpen provides a true ECN trading environment to its clients via the MT4 and MT5 terminals, offering the tightest spreads and low commissions.
submitted by fxopentrade0011 to u/fxopentrade0011 [link] [comments]

Quick last minute decision acer nitro 5 or tuf 15

Hey guys I finally decided to pull the plug on a laptop to replace my older lenovo all in one. I've narrowed it down to either the tuf 15 or nitro 5, here's the specs of each:
Tuf 15
Ryzen 7 4800H 8Core 4.2GHz + 7GPU cores Nvidia GTX 1650 4GB 16GB DDR4 Ram 15.6" 144hz, 1080p, Anti-Glare Display 512GB NVMe SSD
Nitro 5
10th Generation Intel Core i5-10300H P NVIDIA GeForce GTX 1650 Ti with 4 GB of dedicated GDDR6 VRAM 15.6" Full HD Widescreen LED-backlit IPS Display (1920 x 1080 resolution; 120Hz Refresh Rate, 16:9 aspect ratio) 8GB DDR4 2933MHz Memory & 512GB NVMe SSD

I found these new in box in my local listings and I managed to get the sellers down to $800 (cad) for the nitro 5 and $900 (cad) for the tuf 15

Here's my main usage: mostly web browsing, forex trading (mt4 lots of custom indicators) music production on fl studio, occasional video editing on davinci resolve, photo editing, little to no gaming, watching movies. The laptop will be docked 80% of the time and I will be connecting it to my 26" lenovo all in one display, max res is 2560 x 1440 60hz but I will probably changer to a better monitor down the line. Now before you ask why don't I just get a pc? because I like the freedom of being able to take it from the dock and around the house/on trips. I do understand that they're both shitty displays so not super worried about color accuracy although brightness could play a role. I like the look of the tuf 15 a lot more than the nitro but I like the rear ac connector on the nitro. Battery seems a lot better on the tuf but apparently the thermals aren't great. I'm mostly concerned about performance and I will need either one to last me 3-5 years. I will be adding 32gb ram and 1tb nvme down the line. I'm pretty limited to other options because I prefer to buy on classifieds to get a better deal, however if you have a recommendation or you think I'm looking in the wrong place foor what my needs are please let me know
ps: I may also be able yo get a rog strix g15 with virtually the same specs as the nitro 5 for the same price or an older helios 300

submitted by misnd3rstood to SuggestALaptop [link] [comments]

Profitable Forex Strategy Reddit | 3 Easy Forex Strategies Easy For MT4

Profitable Forex Strategy Reddit | 3 Easy Forex Strategies Easy For MT4

The need for a trading strategy in Forex market

https://preview.redd.it/r6u8stdmeaw51.jpg?width=1320&format=pjpg&auto=webp&s=1b0292502d6e68f5c220af5a5851aeb8061b395b
Almost all trading manuals talk about the need to have your own trading strategy. First of all, the process of creating your trading scheme allows you to perfectly understand trading and exclude from it any eventuality that hides additional risk.
Profitable forex strategy: it is a type of instruction for the trader, which helps to follow a clearly verified algorithm and safeguard his deposit from emotional errors and consequences of the unpredictability of the Forex currency market.
Thanks to her, you will always know the answer to the question: how to act in certain market conditions. You have the conditions of opening a transaction, the conditions of its closing, likewise, you do not guess if it is time or not. You do what the trading strategy tells you. This does not mean that it cannot be changed. A healthy trading scheme in the forex market must be constantly adjusted, it must comply with the realities of current market trends, but there must be no unfounded arguments in it.
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

Profitable Forex Strategy Reddit

Types of trading strategies
The forms of a trading strategy can combine a variety of methods. However, several of the most commonly used options can be highlighted.
  • Trading strategy based on various complementary technical indicators
  • Trading strategy using Bollinger Bands
  • Moving Average Strategy
  • Technical figures and patterns
  • Trading with Fibonacci levels
  • Candlestick trading strategy
  • Trend trading strategy
  • Flat trading strategy
  • Scalping
  • Fundamental analysis as the basis of the strategy

Three most profitable Forex strategies

Important! These strategies are the basis for building your own trading system. Indicator settings and recommended pending order levels are for consultation only. If you do not get a satisfactory outcome in the test result or in a live account, that does not mean that the problem is the strategy. It is enough to choose individual parameters of indicators under a separate asset and under the current market situation.

1. “Bali” scalping strategy

This strategy is one of the most popular, at least its description can be found on many websites. However, the recommendations will be different. According to the author's idea, "Bali" refers to scalping tactics, as it facilitates a fairly short stop loss (SL) and take profit (TP). However, the recommended time frame is high, because the signals appear not very often. The authors recommend using the H1 interval and the EUR / USD currency pair.
Indicators used:
  • Linear Weighted Moving Average. Period 48 (red line).
https://preview.redd.it/9mhs67mxeaw51.jpg?width=461&format=pjpg&auto=webp&s=913d428edd4cab0a3237e7039829a76dd587f1f5
The weighted linear moving average here acts as an additional filter. Due to the fact that LWMA gives more weight to the values ​​of the last periods, the indicator in the long periods practically excludes delays. In some cases, LWMA can give a signal beforehand, but in this strategy only the moving position relative to price is important. Bearish LWMA is a buy signal, sell bullish.
  • Trend Envelopes_v2. Period 2 (orange and blue lines).
https://preview.redd.it/8bap0s41faw51.jpg?width=627&format=pjpg&auto=webp&s=a6236ad06765280bbfd655fa1fb4153b28aaaf56
The indicator is also based on the moving average, but the formula is slightly different for the calculation. Its marking is more precise (the impact of price noise has been eliminated). It allows you to identify the twists of the trend compared to the usual mobile with a slight anticipation. Trend Envelopes has an interesting property: the color of the line and its new location changes when the price penetrates its old trend line, a kind of signal.
  • DSS of momentum. The configuration in the screenshot below.
https://preview.redd.it/9ch27cj4faw51.jpg?width=630&format=pjpg&auto=webp&s=00558bbd90378009bef33b7c96c77f884b912667
The indicator is placed in a separate window below the chart. This is an oscillator whose task is to determine the pivot points of the trend. And it does so much faster than standard oscillators. It has two lines: the signal is dotted, the additional line is solid, but the receiver has 2 kinds of colors (orange and green).
  • Important! Note that the indicators for the “Bali” strategy are chosen in such a way as to ultimately give an early signal. This gives the trader time to confirm the signal and check the fundamentals.
MA is one of the basics on MT4, the other two indicators can be found in the archive for free here. To add them to the platform, click on MT4: "File / Open data directory". In the folder that opens, follow the following path: MQL4 / Indicators. Copy the flags to the folder and restart the platform.
Also Read: Make Money With Trading
Conditions to open a long position:
  • Price penetrates the orange Trend Envelopes line from the bottom up. At the same time in the same candle there is a change of the orange line that falls to a growing celestial.
  • The candle is above LWMA. Once the above condition has been met, we wait for the candle to appear above the moving one. It is important that it closes above the LWMA red line. It is mandatory to have a Skyline Trend Envelopes on a signal candle.
  • The additional DSS of momentum line on the signal candle is green and is above the dotted line of the signal (that is, it crosses or crosses it).
We open a trade at the close of the signal candle. The recommended stop level is 20-25 points in 4-digit quotes, take profit at 40-50 points.
https://preview.redd.it/t48d55s8faw51.jpg?width=1000&format=pjpg&auto=webp&s=1e93863745e74dec536178539817225767cbeb1c
The arrow indicates a signal candle where a Trend Envelopes color change occurred. Note (purple ovals) that the blue line is below the orange line and goes upwards (in other cases the signal should be ignored). In the signal candle, the green DSS of momentum line is above the dotted line.
Conditions to open a short position:
  • Price penetrates the Trend Envelopes sky line from top to bottom. At the same time in the same candle there is a change from the increasing celestial line to the falling orange.
  • The candle is below LWMA. Once the above condition has been met, we wait for the candle to appear below the mobile. It is important that it closes below the LWMA red line. It is mandatory to have an orange Trend Envelopes line on a signal candle.
  • The additional DSS of momentum line on the signal candle is orange and is below the dotted line of the signal (i.e. crosses or crosses it).
https://preview.redd.it/6uixkl1dfaw51.jpg?width=1000&format=pjpg&auto=webp&s=dd53442c633e80c1e55da72cd5ffe9cda2e85b8a
Some examples where a transaction cannot be opened:
  1. In the screenshot below the signal candle closed at the moving level (red line), it was practically below it.
https://preview.redd.it/2o1wpocgfaw51.jpg?width=1000&format=pjpg&auto=webp&s=58d3286bf2884b5f0dfdaa0a62b68d2d50cdabf8
  1. In the screenshot below the signal candle is DSS below its signal line. Also, the celestial line is horizontal and not ascending.
https://preview.redd.it/1nfi1etjfaw51.jpg?width=801&format=pjpg&auto=webp&s=ff9fcbc10a485c5102ef7a135de47332827caf54
The signals are relatively rare, a signal can be expected for several days. In half the cases, it is better to control the transaction and close in advance, without waiting for profit taking. We do not operate at the time of flat. Try this strategy directly in the browser and see the result.
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

2. “Va-Bank” candle strategy

This profitable Forex strategy is weekly and can be used on different currency pairs. It is based on the spring principle of price movement, what went up quickly, sooner or later must fall. To trade you will only need a schedule on any platform and W1 time frame (although the daily interval can be used).
You should estimate the size of the candle bodies of different currency pairs ( AUDCAD , AUDJPY , AUDUSD , EURGBP , EURJPY , GBPUSD , CHFJPY , NZDCHF , EURAUD , AUDCHF , CADCHF , EURUSD , EURCAD , GBPCHF ) and choose the largest distance from the opening to the close of the candle in the framework of the week. In this to open a transaction at the beginning of the following week.
Conditions to open a long position:
  • The bearish candle, which signifies last week's movement, has a relatively large body.
Open a long position early next week. Make sure to place a stop loss at 100-140 points and a take profit at 50-70 points. When it is midweek, close the order if it has not yet been closed at take profit or stop loss. After that, wait again for the beginning of the week and repeat the procedure, in any case do not open operations at the end of the current week.
https://preview.redd.it/vuihnqspfaw51.jpg?width=1000&format=pjpg&auto=webp&s=7641e9d7701911cc255c4f0c8a53e1660c35c9fe
On this chart it is clearly seen that after each large bearish candle there is necessarily a bullish candle (although smaller). The only question is what period to take where it makes sense to compare the relative length of the candles. Here everything is individual for each currency pair. Note that a rising candle was observed followed by a few small bearish candles. But when it comes to minimizing risks, it is best not to open a long response position, as the relatively small decline from the previous week may continue.
Conditions to open a short position:
  • The bullish candle, which signifies last week's movement, has a relatively large body.
We open a short position early next week.
https://preview.redd.it/tv4zmf5ufaw51.jpg?width=1000&format=pjpg&auto=webp&s=61cd1dcfc4aebfa6f80343b6c51f7a6e46358602
The red arrows point to the candles that had a large body around the previous bullish candles. Almost all signals turned out to be profitable, except for the transactions indicated by a blue arrow. The shortcomings of the strategy are rare signs, albeit with a high probability of profit. The best thing is that it can be used in several pairs at the same time.
This strategy has an interesting modification based on similar logic. Investors with little capital opt for intraday strategies, as their money is insufficient to exert radical pressure on the market. Therefore, if there is a strong move on the weekly chart, this may indicate a cluster of large strong traders. In other words, if there are three weekly candles in one direction, it is most likely the fourth. Here you also have to take into account the psychological factor, 4 candles is equal to one month, and those who "push" the market in one direction, within a month will begin to set profits.
Strategy principle:
  • A "three candles" pattern (ascending and descending) formed on the weekly chart.
  • It is preferable that each subsequent candle was larger than the previous one. Doji is not taken into account (disembodied candles).
  • Stop is placed at the closing level of the first candle of the constructed formation. Take profit at 50-100% of the last candle, but it is often better to manually close the trade.
An example of this type of formation in the screenshot below.
https://preview.redd.it/iu7cwa7xfaw51.jpg?width=1000&format=pjpg&auto=webp&s=9195d24b72d2bda5394614380e9e5bc167f108a5
Of the 5 patterns, 4 were effective. Lack of strategy, the pattern can be expected 2-3 months. But when launching a multi-currency strategy this expectation is justified. Consider swaps!
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

3. Parabolic Profit Based on Moving Average

This strategy is universal and is usually given as an example for novice traders. It uses classic EMA (Exponential Moving Average) indicators for MT4 and Parabolic SAR, which acts as a confirmatory indicator.
The strategy is trend. Most sources suggest using it in "minutes", but price noise reduces its efficiency. It is better to use M15-M30 intervals. Currency pairs - Any, but you may need to adjust the indicator settings.
Indicators used:
  • EMA with periods 5, 25 and 50. EMA (5) in red, EMA (25) and EMA (50) in yellow. Apply to Close (closing price).
https://preview.redd.it/ly7ju8o3gaw51.jpg?width=1000&format=pjpg&auto=webp&s=61dee5b0d994d09a375e01e2b9afe188dd2ee0ed
  • Parabolic SAR, parameters remain unchanged (color correct at your discretion).
https://preview.redd.it/sonpv1m8gaw51.jpg?width=1000&format=pjpg&auto=webp&s=823e9ce5d279d3a98ef072694766a112a3ece775
Conditions to open a long position:
  • Red EMA (5) crosses the yellows from bottom to top.
  • Parabolic SAR is located under the sails.
Conditions to open a short position:
  • Red EMA (5) crosses the yellows from top to bottom.
  • Parabolic SAR is located above the candles.
The transaction can be opened on the same candle where the mobile crossover occurred. Stop loss at the local minimum, take profit at 20-25 points. But with the manual management of transactions you can extract great benefits. For example, close at the time of the transition from EMA (5) to a horizontal position (change of the angle of inclination of the growth to flat).
https://preview.redd.it/4un92jlegaw51.jpg?width=1000&format=pjpg&auto=webp&s=406a700c00722349622d031e20d0858e4196d18b
This screen shows that all three signals (two long and one short) were effective. It would be possible to enter the market on the candle by following the signal (in order to accurately verify the direction of the trend), but you would then miss the right time to enter. It is up to you to decide whether it is worth the risk. For one-hour intervals, these parameters hardly work, so be sure to check the performance of the indicators for each period of time in a minimum span of three years.
And now that you know the theory, a few words about how to put these strategies into practice.
Ready? Then let's get started!

From the theory to the practice

Step 1. Open demo account It's free, requires no deposit, takes up to 15 minutes, and no verification required. On the main page of your broker there is for sures a button "Register", click and follow the instructions. An account can also be opened from other menus (for example, from the top menu, from the commercial conditions of the account, etc.).
Step 2. Familiarize yourself with the functionality of the Personal Area. It won't take long. It is at the most user friendly and intuitive. You just need to understand the instruments of the platform and understand how the trades are opened.
Step 3. Launch the trading platform. The Personal Area has the platform incorporated, but it is impossible to add templates. Hence, the "Bali" and "Parabolic Profit" strategies can only be executed on MT4.

Characteristics of an effective Forex strategy Reddit

And finally, let's see what makes a profitable Forex strategy effective. What properties should it have? Perhaps three of the most important characteristics can be pointed out.
  • The minimum number of lag indicators. The smaller they are, the greater the forecast accuracy.
  • Easy. Understanding your strategy is more important than your saturation with complex elements, formulas, and schematics.
  • Uniqueness. Any trading strategy must be "tailored" to your trading style, your character, your circumstances, and so on.
It is very important to develop your own trading strategy, but it is necessary to test a large number of already available and proven strategies. On the Forex blog you will find trading strategies available for download. Before using a live account, test your chosen strategy on the demo account on the MetaTrader trading platform.
Conclusion. To successfully trade the Forex currency market, create your own trading strategy. Learn what's new, learn out-of-the-box trading schemes, and improve your individual action plan in the market. Only in this case, the trading results will satisfy you to the fullest. Success, dear readers!
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE
Join the community for more articles on trading and making money on the Forex and Stock market.
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Disclosure: This post contains affiliate links, if you click and make a purchase I may receive a commission - This has NO extra cost for you.
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5%ers Prop Shop Forex : $24,000 Funded Account Qualification Stage.

5%ers Prop Shop Forex : $24,000 Funded Account Qualification Stage.

Entry Level Testing

Follow results here.


Starting Fee - $270
Starting Funding - $6,000
Live Account - Yes
Required Profit to Pass - $375
Duration - Minimum of 20 days. Maximum time of 6 months to hit profit target.

Risk Restrictions


Maximum Net Loss - $250
Maximum Risk in Stop Loss - 1.5%
Maximum Size of Position - 0.30 lots
Hold Overnight - Yes
Hold Over Weekend - Yes
News Trading Restrictions - News trading is not strictly prohibited.


Notes

5%ers give you a live account from sign up. You can trade and begin to build up real earnings on day one. To qualify to be paid you need to pass the evaluation phase by hitting 6% ($375) profit. It takes at least 20 days to pass (Even if you hit target early) and you have up to 6 months to do it (So it can be passed with an average of 1% a month).
5%ers have a liberal approach to trader flexibility. The only hard and fast rule that needs to be followed is the maximum net loss. This is 4% of the starting balance (Making this far easier than high water mark systems). Traders can use some discretion on their money management to achieve this, but more aggressive trading will mean your profit targets to progress will increase.
Using conservative risk (Complying with the risk restrictions listed above) can lead to lower profit targets to progress (And account size doubles each time you hit a profit target, so this is a good thing).

5%ers main form of communication with their traders is via email. You're expected to give an active email address that you will check regularly and to respond to any messages in a timely manner.

Thoughts on Passing 5%ers Forex Funding Evaluation Stage


For experienced traders passing the evaluation stage should be easy enough and something that can be done within 3 months (Or quicker, depending on strategy and market conditions). The fact the 4% drawdown limit is off the starting balance and not a trailing high water mark give a lot of leeway for a good trader if they can get a bit ahead.

For somewhat experienced traders passing the evaluation stage is achievable if you can apply solid risk management and a strategy that has a winning edge. Having 6 months in which to complete it and the only stipulation if you can not lose $250 off the starting $6,000 mean as long as you keep lot sizing small you can stay alive long enough to hit the target.

For new traders since trading in general is hard, you're going to find stipulated risk conditions very hard. There is a fair chance for newer traders to pass this (Given it's a lot target over 6 months) but there is a higher likelihood of not passing, meaning you lose your $270 evaluation fee. I do not know the stats, but I'd assume a lot of new traders do not pass. It's probably worth getting experience first.


On boarding Process


Getting started with 5%ers Forex funding was and smooth on boarding. I made my payment via PayPal of $270. I was sent a welcome email and details to log into a back office. My account was processing for a while, and then after 30 minutes to an hour I was sent MT4 login details to a funded account of $6,000 with a $250 loss limit. I could trade within 2 hours of signing up.

Reward on Pass


Get paid 50% of the profits made. Account is increased 400% to $24,000. Each 10% made the account will be doubled again up to a maximum of $1.25 million.

Content from Welcome Email


https://preview.redd.it/41m5zg1q7tu51.png?width=572&format=png&auto=webp&s=8cdb9709335e5f722590246d63effafc56961ce6
https://preview.redd.it/slh5rcfr7tu51.png?width=621&format=png&auto=webp&s=e1c94838cdfb7156156b8c6a83375014ed383cf3

My Results


Follow results here.

See risk management plan here for 5%ers funded Forex trading.
submitted by db_aum to ForexFunding [link] [comments]

Most Reliable Forex Signal Provider

Most Reliable Forex Signal Provider
Most Reliable Forex Signal Provider- Reproduction the best and most accurate forex trading signals in real-time for online forex traders since 2014 with live updates, threat management, and additional. Now you need to set or execute it in your forex terminals like MT4 or others. We check the trade and keep sending announcements in anticipation of close the trade finally. Moreover, our friendly support team is ready to help you all the time regarding any trading related issues.

centreforex.com
submitted by JoshuaFaris123 to u/JoshuaFaris123 [link] [comments]

How our trader’s room enhance broker’s productivity

What is the trader's room?
Trader’s room is an interface between where clients can have their individual login area and through that they can have access to all the amazing features of the trader's room.
Reasons why trader’s room enhances the productivity of the broker:
  1. Easy Integration:
Now with Launch FXM’s trader’s room, it has become very easy to integrate easily with various trading platforms. With an online application form, clients can easily sign up and onboard easily by choosing the trading platform to trade on like MT4 or MT5. Multiple trading accounts can be handled.
  1. Insights:
With the help of Launch FXM’s traders room get the insights of all the valuable data as the data is all centred right under the single roof, which helps in giving the overall view of the business. Get the entire data report for all the different divisions of the business.This feature will help in letting the company know which area and division to focus on more.
  1. Transactions:
Launch FXM’s trader’s room has made all the transactions very smooth and safe. Users can transfer funds seamlessly from wallet to trading account and vice versa. All your transactions can easily be managed as the bulk deposits are taken proper care of and handled automatically due to which all the transactions are very well safeguarded. The automation process for deposit and withdrawals saves a lot of time.
  1. Multi Level IB Support:
IB support is the most crucial and demanding component of the trader’s room and through the trader's room, IB can access their introduced clients as well as the commissions. In the forex industry it has become very important to have IB in order to make your business more productive and with a trader's room IB gets access to referral links, marketing materials and banners and apart from this IBs can also have access to open trading accounts.
submitted by azeem65 to u/azeem65 [link] [comments]

No amount of demo trading will prepare you for live account.

First of all, I'm not against demo trading.
However, no matter the amount of time you spend trading demo, it can never prepare you for living trading. Demo is good for 4 main things:
  1. Introducing you to forex
  2. Understading the mechanics of your trading platform (eg. mt4 or ctrader)
  3. Backtesting a strategy.
  4. Briefly forward-testing a strategy.
The number 1 reason retail traders fail is because of trading psychology. Any basic trading strategy like a simple MA crossover can make you successful if you manage your emotions as a trader.
Moving of Stop loss, refusing to set stop loss, letting losses ride while closing profits as quickly as possible are all about problems with your trading psychology and no amount of demo trading will teach you to be better because you are simply not invested in the trades.
People recommend trading demo for 6 months or 1 year and that's simply wrong. We have all been at a point where we even forgot about a trade only to open metatrader hours or even days later to see it in profit. There's no lesson learnt here.
The 6 months or 1 year you spent trading demo would have been worthwhile if you had gone live with $100 and try taking it to $1,000 over a period of 1 year with a strategy.
Don't waste too much time on demo. Find a strategy, backtest it with at least 10 years of data and see if it's worthwhile then move to live.
Trading, like every other career, involves cost and consider that first $100 account (which you will probably blow) as part of your cost of training. Stop wasting time on demo. Trading is probably 10% strategy, 90% psychology. Only live account will teach you about psychology.
submitted by untimely_boners to Forex [link] [comments]

Heard bad things about forex

I was speaking to quite a successful futures hedge fund manager and he was very skeptical about exploring forex as a retail trader. I suspect his aversion stems partly from brokers rigging the game and also that the instruments are highly corelated.
Any thoughts? Also can you recommend a good broker to trade algos with MT4 providing a variety of instruments and low spread etc. Thanks
submitted by zikka1 to Forex [link] [comments]

Triton Capital Markets — How to Trade with MetaTrader 5

Triton Capital Markets offers the incredible MT5 to its dealers, permitting them to exchange various resources, for example, on forex, fates, and, with adaptable just as no re-cites, no value dismissals and zero slippages.
A center advantage of the MetaTrader 5 stage is that you can exchange from anyplace and whenever from the solace of your cell phone and tablet. This empowers a broker to exchange their advantages of decision from any internet browser and any gadget. Moreover, the MT5 stage offers, exchanging signals and, and all the accessible devices and highlights can be utilized from a solitary incredible.
Here is the thing that to do to encounter the full intensity of the Triton capital Markets MetaTrader 5:
1. Training
As referenced above, MetaTrader 5 is stuffed with various highlights and exchanging assets, which are intended to upgrade your exchanging exercises. It is critical to find out pretty much all the highlights and their pertinence to guarantee that you are well prepared to exploit the full intensity of the stage.
From the accessible 7 resource class types, various exchanging devices, pointers, and graphical items, to 6 distinctive request types, numerous robotized systems, and market profundity, you may have the option to completely misuse the crude intensity of the MT5 stage if you set aside some effort to teach yourself on all the accessible functionalities of this natural stage.
Triton Capital Markets additionally has various instructive materials explicitly on the MT5 exchanging stage that are open for nothing in our ‘ area. Make certain to exploit the educational and amicable eBooks and recordings that disclose in detail how to exchange money related resources online proficiently.
2. Installation
Here are the base framework prerequisites for utilizing Triton Capital Markets MT5 on your PC:
Windows 7 Operating System or higher (64-piece framework suggested)
Pentium 4/Athlon 64 processors or higher (All cutting edge CPUs ought to have the option to help this)
If you mean to be a substantial client (For example, opening different outlines and using numerous EAs), you could think about increasingly incredible equipment choices
Follow the means underneath to download and introduce Triton Capital Markets MT5 on your PC:
3. Add Your Request
If you have just signed into your Triton Capital Markets MT5, it is presently an ideal opportunity to estimate the costs of your preferred resource.
There are a few different ways to put in a request on MT5:
Snap-on Tools on the Menu bar. At that point select ‘New Order’
On the Market Watch window, double-tap on the benefit you wish to exchange (you can likewise right-tap on your ideal resource and afterward select ‘New request’)
Open the Trading tab on the lower terminal and select ‘New Order’
Press F9 for a single tick exchanging on the outline of your preferred resource
At the point when any of the above alternatives is applied, the ‘Request Screen’ will spring up. The screen will have a tick graph on its left side and customizable request subtleties on the right. The tick outline shows the offer and asks costs, and along these lines, the constant spreads (the contrast between the offer and ask costs).
The request subtleties on the privilege are:
Image — This is the benefit you wish to exchange.
Request Type — You can pick between Market Execution and Pending Execution request types.
Volume — This is the amount (in part measures) that you wish to exchange, of the chose hidden resource. On a standard record, 1 part size is what could be compared to 100,000 units, which commonly implies that will be around 10 US dollars (USD) on most resources.
Stop Loss and Take Profit — You will have the option to join stop misfortune and take benefit orders on the entirety of your exchanges. Stop misfortune orders when the advantage value moves against you, while take benefit orders permit you to book benefits when the benefit value moves in support of yourself.
Remark — You can include any notes concerning any exchange of the remark segment. This is perfect for merchants that report their exchanging exercises.
Exchange Any Time and From Anywhere
The Triton Capital Markets MT5 stage likewise has a web form that is open on both portable and work area programs. There is likewise a downloadable versatile MT5 App that is good with both Android and iOS cell phones. This gives the accommodation and adaptability to exchange from anyplace. Besides, you can likewise sign in over the various stages utilizing single login certifications.
MetaTrader 5 — The Benefits of Trading with Triton Capital Markets
Triton Capital Markets is an honor winning and which furnishes brokers with all the devices, administrations, and highlights required to satisfy one’s full exchanging potential.
Guideline — Triton Capital Markets is a managed dealer, giving merchants genuine feelings of serenity that they are joining forces with an agent that works inside the rules as set out by perceived, global administrative bodies.
Natural Trading Platforms — Triton Capital Markets gives its dealers access to a wide decision of top-quality and incredible exchanging stages including the exceptionally famous MT4 and MT5 exchanging stages.
A Choice of Trading Instruments — Traders at Triton Capital Markets can get to a decision of exchanging instruments including digital forms of money, stocks, products, records, forex sets, and securities.
Wellbeing and Security — Safety and Security — At Triton Capital Markets, every one of the customers’ assets are held in an isolated record. Besides, each record has negative equalization insurance to guarantee that a dealer’s record never goes under zero.
Secure Payment Options — For installments, Triton Capital Markets gives access to a wide assortment of, which incorporates charge cards, wire move.
Complete Educational Resources — Triton Capital Markets gives its brokers access to a wide decision of instructive materials including recordings, eBooks, online courses, articles just as access to Sharp Trader, our special exchanging foundation.
Proficient and Responsive Customer Support — You can contact the multilingual Triton Capital Markets client assistance just as access to a committed record director.
submitted by tritoncapitalmarkets to u/tritoncapitalmarkets [link] [comments]

So you wanna trade Forex? - tips and tricks inside

Let me just sum some stuff up for you newbies out there. Ive been trading for years, last couple of years more seriously and i turned my strategies into algorithms and i am currently up to 18 algorithms thats trading for me 24/7. Ive learned alot, listened to hundreds of podcasts and read tons of books + research papers and heres some tips and tricks for any newbie out there.

  1. Strategy - How to... When people say "you need a trading strategy!!" Its because trading is very hard and emotional. You need to stick to your rules at all times. Dont panic and move your stop loss or target unless your rules tell you to. Now how do you make these rules? Well this is the part that takes alot of time. If your rules are very simple (for example: "Buy if Last candles low was the lowest low of the past 10 candles." Lets make this a rule. You can backtest it manually by looking at a chart and going back in time and check every candle. or you can code it using super simple software like prorealtime, MT4 ++ Alot of software is basicly "click and drag" and press a button and it gives you backtest from 10-20-30 years ago in 5 seconds. This is the absolute easiest way to backtest rules and systems. If your trading "pure price action" with your drawn lines and shit, the only way to truly backtest that kind of trading is going in a random forex pair to a random point in time, could be 1 year ago, 1 month ago, 5 years ago.. and then you just trade! Move chart 1 candle at a time, draw your lines and do some "actual trading" and look at your results after moving forward in the chart. If you do not test your strategy your just going in blind, which could be disaster.. Maybe someone told u "this is the correct way to trade" or "this strategy is 90% sure to win every trade!!!" If you think you can do trading without a strategy, then your most likely going to look back at an empty account and wonder why you moved that stop loss or why you didnt take profit etc.. and then your gonna give up. People on youtube, forums, interwebz are not going to give you/sell you a working strategy thats gonna make you rich. If they had a working strategy, they would not give it away/sell it to you.
  2. Money management - How to.... Gonna keep this one short. Risk a small % of your capital on each trade. Dont risk 10%, dont risk 20%. You are going to see loosing trades, your probably gonna see 5-10 loss in a row!! If your trading a 1000$ account and your risking 100$ on each trade (10%) and you loose 5 in a row, your down -50% and probably you cant even trade cus of margin req. Game over.. Now how does one get super rich, super fast, from risking 1-3% of your account on each trade?? Well heres the shocking message: YOU CANT GET RICH FAST FROM TRADING UNLESS YOUR WILLING TO GO ALL IN! You can of course go all in on each trade and if you get em all right, you might get 1000%, then you go all in 1 more time and loose it all... The whole point of trading is NOT going bust. Not loosing everything, cus if you loose it all its game over and no more trading for you.
  3. Find your own trading style.... Everyone is different. You can have an average holding period of 1 month or you could be looking at a 1 min chart and average holding time = 10 minutes. For some, less volatility helps them sleep at night. For others, more volatility gives them a rush and some people crave this. There is no "correct" timeframes, or holding periods, or how much to profit or how much to loose. We are all individuals with different taste in risk. Some dont like risk, others wanna go all in to get rich over night. The smart approach is somewhere in the middle. If you dont risk anything, your not gonna get anything. If you risk everything, your most likely going to loose everything. When people are talking about trading style, this is kinda what that means.
  4. There are mainly 2 ways to trade: Divergence and Convergence. Or in other words: Mean reversion or trend following. Lets talk about them both: Trend following is trying to find a trend and stay with the trend until its over. Mean reversion is the belief that price is too far away from the average XX of price, and sooner or later, price will have to return to its average/mean (hence the name: MEAN reversion). Trend following systems usually see a lower winrate (30-40% winrate with no money management is not uncommon to see when backtesting trend following systems.. You can add good money management to get the winrate % higher. Why is the % winrate so low? Well a market, whatever that market is, tend to get real choppy and nasty right after a huge trend. So your gonna see alot of choppy fake signals that might kill 5-6 trades in a row, until the next huge trend starts which is going to cover all the losses from the small losses before the trend took off. Then you gotta hold that trade until trade is done. How do you define "when trend starts and stops"? Well thats back to point 1, find a strategy. Try defining rules for an entry and exit and see how it goes when you backtest it. For mean reversion the win % is usually high, like 70-90% winrate, but the average winning trade is alot smaller than the average loosing trade. this happens because you are basicly trying to catch a falling knife, or catch a booming rocket. Usually when trading mean reversion, waiting for price to actually reverse can very often leave you with being "too late", so you kinda have to find "the bottom" or "the top" before it actually has bottomed/ topped out and reversed. How can you do this you ask? Well your never going to hit every top or every bottom, but you can find ways to find "the bottom-ish" or "the top-ish", thens ell as soon as price reverts back to the mean. Sometimes your gonna wish you held on to the trade for longer, but again, back to point 1: Backtest your rules and figure that shit out.

Read these 4 points and try to follow them and you are at least 4 steps closer to being a profitable trader. Some might disagree with me on some points but i think for the majority, people are going to agree that these 4 points are pretty much universal. Most traders have done or are doing these things every day, in every trade.
Here is some GREAT material to read: Kevin Davey has won trading championship multiple times and he has written multiple great books, from beginner to advanced level. Recommend these books 100%, for example: Building winning algorithmic trading systems" will give you alot to work with when it comes to all 4 of the above points. Market wizards, Reminiscences of a stock operator are 2 books that are a great read but wont give you much "trading knowledge" that you can directly use for your trading. Books on "The turtles" are great reading. Then you have podcasts and youtube. I would stay away from youtube as much as possible when it comes to "Heres how to use the rsi!!!" or "this strategy will make you rich!!". Most youtube videoes are made by people who wanna sell you a course or a book. Most of this is just pure bullshit. Youtube can very harmfull and i would honestly advice about going there for "strategy adivce" and such. Podcasts tho are amazing, i highly recommend: Better systems trader, Chat with traders, Top traders unplugged, We study billionairs, to name a few :)
Also, on a less funny note.. Please realize that you are, and i am, real fucking stupid and lazy compared to the actual pro's out there. This is why you should not go "all in" on some blind stupid strategy youve heard about. This is why this is indeed VERY FUCKING HARD and most, if not everyone has busted an account or two before realizing just this. Your dumb.. your not going to be super rich within 1 year.. You can not start with 500$ account and make millions! (some might have been able to do this, but know that for every winner, theres 999 loosers behind him that failed... Might work fine first 5 trades, then 1 fuckup tho and ur gone..
And lastly: Try using a backtesting software. Its often FREE!!! (on a demo account) and often so simple a baby could use it. If your trading lines and such there exists web broweser "games" and softwares that lets you go "1 and 1 candle ahead" in random forex pairs and that lets you trade as if its "real" as it goes.
A big backtesting trap however is backtesting "losely" by just drawing lines and looking at chart going "oh i would have taken this trade FOR SURE!! I would have made so much money!!" however this is not actually backtesting, its cherry picking and its biased beyond the grave, and its going to hurt you. Try going 1 candle at a time doing "real and live" trades and see how it goes.

Bonus point!!
many people misunderstands what indicators like the RSI is telling you. Indeed something is "overbought" or "oversold" but only compared to the last average of xx amounts of bars/candles.
It doesn't tell you that RIGHT NOW is a great time to sell or buy. It only tells you that the math formula that is RSI, gives you a number between 1-100, and when its above 70 its telling you that momentum is up compared to the last average 14 candles. This is not a complete buy/sell signal. Its more like a filter if anything. This is true for MOST indicators. They INDICATE stuff. Dont use them as pure buy/sell signals.. At least backtest that shit first! Your probably gonna be shocked at the shitty results if you "buy wehn rsi is undeer 30 and sell when RSI is above 70".

Editedit: Huge post already, why not copy paste my comment with an example showing the difference in trend following vs mean reversion:
The thing about trend following is that we never know when a trade starts and when it ends. So what often happens is that you have to buy every breakout going up, but not every breakout is a new trend. Lets do an example. Check out the photo i included here: https://imageshost.eu/image/image.RcC

THE PHOTO IS JUST AN EXAMPLE THAT SHOWS WHY A TYPICAL TREND FOLLOWING STRATEGY HAVE A "LOW" WINRATE.
THE PHOTO IS NOT SHOWING AN EXAMPLE OF MY STRATEGIES OR TRADING.

  1. We identify the big orange trend up.
  2. We see the big break down (marked with the vertical red line) this is telling us we are not going higher just yet. Our upwards trend is broken. However we might continue going up in a new trend, but when will that trend come?
  3. We can draw the blue trend very earyly using highs and lows, lines up and down. Then we begin to look for breakouts of the upper blue line. So every time price breaks upper blue line we have to buy (cus how else are we going to "catch the next trend going up?)
As you can see we get 5 false breakouts before the real breakout happens!
Now if you could tell fake breakouts from real breakouts, your gonna be rich hehe. For everyone else: Take every signal you can get, put a "tight" stop loss so in case its a fake signal you only loose a little bit. Then when breakout happens as you can clearly see in chart, your going to make back all the small losses.
So in this example we fail 5 times, but get 1 HUGE new trend going further up. This 1 huge trade, unless we fuck it up and take profits too early or shit like that, is going to win back all those small losses + more.
This is why trend following has a low winrate. You get 5 small loss and 1 big win.

Now lets flip this! Imagine if your trading Mean reversion on all the same red arrows! So every time price hits the blue line, we go short back to the bottom (or middle) again! You would have won 5 trades with small profits, but on that last one you would get stopped out so hard. Meaning 5 small wins, 1 big loss (as some have pointed out in comments, if you where trading mean reverting you would wanna buy the lows as well as short the tops - photo was suppose to show why trend following strategies have a lower % winrate.)

Final edit: sorry this looks like a wall of text on ur phones.
submitted by RipRepRop to Forex [link] [comments]

College forex trader - would appreciate some help!

So a few months ago, someone I had met in the first few weeks of my first semester at college, had been posting pictures of his MT4 account with his profits, and I was pretty intrigued. I asked him what it was, and he said it was the Forex market, so I wanted to learn more and asked to meet up with him. When we met he was explaining it a little more and told me that he was in this networking trade group called IMarketsLive and went on to offer for me to sign up, upon which I said I wanna do a little research before I sign up for anything. And so I did, and saw a lot of different opinions about IML and the things they do, and I wasn't really attracted to the networking aspect and also did not want to start paying $275 a month just to be in the group. It seemed to me like it was kind of a pyramid scheme, so I turned down the offer but decided to try to learn about the Forex market for free on my own.
I started doing more research about it in my free time, and eventually I discovered the BabyPips website where you can go through around a 330 lesson course, which goes through a lot of the basics and foundations of Forex trading. I made it through that in about a month and a half or so, and then opened up a demo account with IG. I watch a lot of youtube so more and more videos about forex started popping up in my recommended and have definitely helped along the road.
One thing I saw is not to have a demo account for too long, so after around a month of having the demo and getting a little profit, I opened a live account with $300 on Oanda. I use their online trading platform and it's alright, there are some things I liked better with IG but that's besides the point.
I've been trading with lots of 500 units or less so I'm only down about $6, but I feel like I'm kind of stuck. After all the stuff I've read and watched so far, I've come to understand that there are some key things every trader needs to do. From what I've seen, it's
Among a few other things I might be forgetting, I understand these are crucial points to follow to become a successful trader. The only thing is I feel like I've flooded myself with so much information and I really don't know where to go from here. I don't have a trading plan mainly because the best thing I've heard to do is make one that fits my trading style, but simply put I don't know what my trading style is and don't know how to actually construct a usable plan.
I know many people join the market because of the dream of turning $25 into a million dollars, however I don't have that mindset. Also I know I should focus first on preserving my capital and being consistent rather than focus on getting a lot of money, I just don't know how to do this. I am ready to put more effort into the market, I just don't know where to put it.
Another thing to note is that for when I am ready and have developed a proper strategy and everything, I have sufficient capital (around $3k) to actually start making some serious profit. (for a 19 y/o!)
Anyways, if you would like to give any advice, tips, things to avoid, stories, anything - that would be greatly appreciated!
Thanks for reading👍
EDIT: This is my first time using reddit so I can't reply to anything because I don't have enough karma whatever that means. But thanks for your responses, they will definitely help me to start building my own strategy.
submitted by sender27 to Forex [link] [comments]

Forex is mentally getting the better of me. Do I quit?

Hello everyone.
I apologize for barging into this one with an irrelevant topic.
I hope someone can give this a read and an honest reply as I really don't have any clue to who I can talk about this.
I'm a 23 y old who was fortunate to have a mother save up some cash over the past years to get me started once I finished university with a balance of 5000EUR. I worked for about a year, spend money, save money. At the end of the year, getting me around 12.000EUR. I got into forex after an advert that I read about a brokerage that has high swaps but freely helps you manage your account and helps you make trades.
I put in 200EUR, and fairly quickly I started to see it grow by 10EUR per trade. The hype was on, and my broker suggested me to move to 1000. I listened and I dumped another 1000 on it (because I would receive an amazing 1000EUR credit on MT4) putting my balance at 2500 something. Now the trades were going up by 100 and I was on Cloud 9... Not so long after that, my broker came with an amazing Idea "THE RISK FREE TRADE DOCUMENT" I was very suspicious at first. But in the end I followed him because I didnt really have a reason not to so far. "Put in 3000 and withdraw within 2 weeks and we cover any losses". So I did it. I know have an account with 4500EUR of my money in.
So far, every trade, that this man made on my account, turned positive. But for one main reason, he doesnt use stop loss. Fast forward to the end of the contract. I still have an open position. Its pretty bad, -8000EUR in BTC. But some excuse is made up and apparantly he made a mistake causing the contract to be invalid. So far my account is on +20000EUR so it would suck to lose it. Confident as he is that BTC will go back up we leave it sitting there. More trades go by, and slowly we start indeed recovering the -8000.
Fastforward
The attack on OIL reserves drives USOIL up immensly, my broker buys a big lot and in 1 trade we make 15.000EUR profit. Im shaking. Dont know what to do. I asked multiple times by now to withdraw some money to my bankaccount. But due to open trades (the -8000) the financial department refuses.
Fastforward
We open a trade on sell on NAS100. The trade goes into buy direction. 1K loss, 2K loss, 5k loss, 10K loss, 20K loss (as my account is still positive, he holds on to the point that it would be a shame to throw away all the money by closing the trade, which we worked for so hard, so we leave it open.
... 40.000 loss, and my account is officially in negative margin, big panic from my broker HE NEEDS MONEY, A NEW DEPOSIT, AT LEAST 5K AND I RECEIVE 10K CREDIT he says. Scared as I am, and still convinced that he really knows his trades I follow him. From my 12K initially in my bank, I have now 9000+ in two accounts, because that way ( he says) im always able to withdraw. ( the 10K credit has been provided do account 1 to keep it in positive margin)
- Account 1: balance 40.000 credit: 20.000 open trades: -55.000
- Account 2: balance 5.000 - -
Fastforward to last friday. Another trade goes south and to save everything he wanted to do exactly the same. Again I listened, as he told me I can "withdraw this whenever I want and need to pay bills this or next week" I cough up my last 3,500EUR I saved up extra until now.
I have 900 left in my account on the bank. Its now monday, I need to pay bills this week, the trade position that went bad actually recovered and broke even with swap, and STILL he asked me to wait once more to withdraw the 3.500EUR until tomorrow morning.
- Account 1: balance 40.000 credit: 29.000 open trades: -55.000
- Account 2: balance 8500 - -
The last months were extatic, but especially very depressing the last weeks. Im starting to feel incredibly ashamed "did I fall for a sleek salesman?". "What will my girlfriend say about this?" "Can the situation still be saved?" "Can I actually withdraw from my second account?" "What if my account goes negative now?"
Experts, should I just close each and every open trade, take the 5000EUR loss and recover the other 8000EUR? I really dont know if my mental can take these fake promises any longer, in the hope that it recovers. The thing that haunts me the most is explaining to my mrs. She knows about the initial 4.500. Not the other 8000.
Thank you some much for your time.
submitted by ItsTommyV to Forex [link] [comments]

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Which is the best auto trading robot for forex market?

I would not dare to say that there is any best auto trading robot for Forex Market. There may be in the world, but it probably not for sales nor for the public. If you have been in the forex market for a while, you will naturally become curious about automating your trades when you have a strategy and money management that bring profitability consistently.
I am an active signals follower and been in this industry for years thus these are a few tips before choosing a profitable robot in the market.
Drawdown
It is common that you study drawdown before diving into any EA. As this is the likely losses you will incur in the strategy you are engaging. The certain trading robot drawdown could get as high as 80% which I would not recommend. A safe drawdown would range 10%-20%, while max drawdown would range within 35%-50% depending on your risk appetite.
Martingale/Grid
This is a strategy which projects a clean curve on every portfolio. The only downside is that the stacked trades one day may backfire and margin call your account in a single day. In my opinion, such a strategy has its pro and con and it would be difficult to even debate if it is suitable for investment since such a strategy is more towards probability game/ gambling with formula.
View the Best Forex EAs, the reviews and proven results and select the best FX Expert Advisors for Metatrader MT4 for your needs: https://www.best-forex-robots.com/l/broker-profit/
Read the Reviews
Before you settle on a forex robot, check out the reviews. You can assess the credibility of a forex robot by visit forex trading forums. Here, you can ask for advice about the forex robot you like or you can read posts about the robot by other members. Researching carefully can help you understand if a forex robot will be suited to your particular trading style and level of experience.
Ask for Back Testing Data
Any EA will have the back-testing data for more than 10 years. It would be tested on different pairs to ensure it is profitable on different market condition and best used on which currency pairs.
Check out the Live Trading Results
Request for live verified results. Usually, you can find real verified results either on myfxbook or FX Blue. Sometime EA developer will provide investor password for you to review their performance on a live account. I will only stick to EA with verified results since this is the only way to ensure profitability.
Summary Forex Robot is not a get rich quick solution, always ensure you have set up stable and consistent risk management on every EA to ensure long-lasting profitable trading experience. Forex is already considered as a high-risk product, therefore you should always do your money management properly to avoid over-leveraging.
submitted by Rohitpure to u/Rohitpure [link] [comments]

Trading Manager Forex mt4 indicator [DEMO] Forex Trade Management - Scale Out!! - YouTube FxCraft Trade Manager (FTM) - fast forex manual trading on Metatrader 4 FX Synergy - The Ultimate Trade Manager for MetaTrader Best Automated Forex Trade Manager Trading Panel - Trade Assistant MT4 /MT5 - YouTube Forex EA Trade Manager MT4/MT5 - YouTube

The Best MT4 Trade Manager EA - created from the sheer frustration of using MT4 to trade. Has partial profits, breakeven, trailing stop loss and more. Download Forex Advisor Trade Manager For MT4 Free. Expert Advisors. Forex advisor trade manager . Download. Share. Twitter; LinkedIn; Pinterest; Previous Top Forex Expert Advisor (EA) Software For MT4/MT5 Download Free. Next Best Steve Mauro (Market Maker Method) indicator For MT4. Related Articles. Best Automated Forex Trading Software For Trader 2020. August 2, 2020. Best Forex Robots 2020 ... With a Trade Manager watching over your trades and managing them, you can take a trade and walk away from your computer, knowing that the Trade Manager will manage all aspects of the trade for you. My own advanced trading system packages have my own Trade Manager but here’s a list of the trade managers that are not mine that I consider excellent (but not recommended for forex newbies): FxCraft Trade Manager (FTM) is a convenient tool for manual trading on the most popular Forex platform – MetaTrader 4. It allows for quick and intuitive opening, closing and managing orders. It facilitates and accelerates execution of many standard actions, which often take our precious time and increase chances of making mistakes. Visual Trading Console Multi-Terminal Click On Image to Make it Bigger. Best Trade Manager mt4. Here is Omars detailed review: In my years of trading forex, I have always gravitated towards testing out and trying new things. Although I am quite happy with the knowledge and tools that I currently use, I am still always hunting for the next best ... With a MT4 Trade Manager watching over your trades and managing them, you can place a trade and walk away from your computer, knowing that the Trade Manager will manage all aspects of the trade for you. There are so many different MT4 Trade Managers for forex trading and years ago I started with a very simple one. You can actually still get it ... The Trade Manager EA will allow you to split your current trade into a maximum of three positions. That means you can have as many as three different take profit orders for which you can allocate different portions of your total position size according to your needs. The Trade Manager EA can run in three distinctive trading modes. #1: Single Trade

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Trading Manager Forex mt4 indicator [DEMO]

MetaTrader Forex EA Trade Manager for MT4/MT5. This advanced forex tool has been built based on our popular Risk Reward Ratio Indicator. With Forex Trade Man... MT4 Trade Manager EA - The Forex Army - Duration: 27:44. ... Forex Trading Online - Trade Manager EA - New Features - Duration: 7:32. Forex Trading for Beginners 1,332 views. 7:32. MEX Trade ... Automated Trading Position Sizing Trade Manager Overview and Usage - Duration: 10:58. NinjaTrader Indicators & Trading Systems Indicator Warehouse 7,909 views 10:58 FX Synergy - The Ultimate Trade Manager For MetaTrader http://www.pecuniasystems.com/fxsynergy This is, in my opinion, the best Forex Trade Management tool on the market. I only refer forex tools to my clients that I have purchased and am presently using in my MT4 trading platform. Trade Assistant MT4 -- https://www.mql5.com/en/market/product/30750 Trade Assistant MT5 -- https://www.mql5.com/en/market/product/23415 Your trade is winning, now what? Better have a plan. Every pro does. Now you will too. Forex trade management, or money management, is the single most import...

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