radex78

Today active signal CHFJPY

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Forex trading provides unlimited profit potential, all traders who join forex expect to get trading profits on their investments. Some of the advantages of forex, the market is open 24/5 days a week, can be done from home with just a computer and internet connection, and can start with low capital even at FXOpen Int only a minimum of $10, but traders also realize that forex trading is a high-risk activity, the trader may lose half the money or all the money from his investment

Today active signal GBPCHF

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Today active signal EURNZD

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

13 hours ago, Namu said:

Scalping is a short-term trading style, and if traders want to scalp, they must be matched with the right broker. Therefore, does the FXOpen broker support traders using scalping or not?

FXOpen is a true ECN broker, of course, they allow scalping even high-frequency trading, if you will test a new platform Ticktrader can try installing a terminal platform on your computer Windows and try a demo account first if you want to try trading scalping use FXOpen,

Today active signal AUDNZD

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Scalping is a short-term trading strategy that takes profits only in the range of 5-20 pips, and they take advantage of price waves in low time frames. This is much more profitable by choosing a low-spread broker like FXOpen and choosing pairs that on average have tight spreads on average. -high daily moving averages such as EURUSD, GBPUSD, AUDUSD, and other major pairs.

However, scalping strategies may not be suitable for everyone because they can cause emotions to rise if you always make mistakes in determining entry points.

Today active signal EURGBP

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

In forex trading, after placing an order on the market, the trader actually doesn't know where the price will go, maybe it will be towards our profit target, or conversely our order will be dragged into a floating loss, money management is applied to regulate the size of the position and the risk limit in percent of the total balance in the trading account.

The broker that gives a good trading condition is an ECN broker, A true ECN broker like FXOpen has a tight spread, and no requote problem like often occurs in dealing desk broker. Trading with a true ECN broker of course gives comfortable trading conditions, and ultra-fast execution. ECN broker will throw order to the interbank market and the spread will depend on the market itself, however, be careful when trading in a low liquidity market because typically in a low liquidity market the spread could be wider than usual. 

Today active signal GBPJPY

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Today active signal USDJPY

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Today signal active AUDCAD

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Today signal active USDJPY

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Demo account is for training and backtesting, newbie using demo account to learn trading and learn how to use platform trading itself, how to attached indicator on the chart, how to set pending order,etc. In demo account all service are free no charge, broker like FXOpen allows their clients open demo account for practice trading.

Money management has an important role in shaping profitable traders for the long term, this is like a key to survival in forex trading activity. Besides traders need good analysis, also they need good money management to implement plan trading, because they are not perfect, after making an analysis they realize could be the wrong analysis.

We can make money from forex trading but also possibly lose money in forex, and get inspired from famous traders in the world. they can make big money from currency trading like George Soros, if we want to become like them, sometimes we need to build a big dream and start with small step to walking and reach the goal.

Now FXOpen offer leverage until 1: 1000 only in the Ticktrader account, so this is a good opportunity for traders to start trading in ECN broker because the Ticktrader platform is designed for ECN broker and only opens one account trading we can trade in multiple CFD market, forex, crypto, stocks, indices, commodities, Trading with high leverage can boosting profit but the risk also significantly higher

It is not wrong to trade with different broker and tries trading platform to make a comparison, and eventually choose the one broker that suits your needs, I also try different broker and now only use FXOpen because this broker gives the best trading service 

For beginner traders, the demo account is very useful for learning trading without any risk, you can trade demo ECN FXOpen using MT4 or MT5 or the Ticktrader platform to learn how to attach indicator and learn how to read indicator in the demo account to get understanding and experience backtesting indicators.

Demo trading benefits for newbie traders to learn trading without any risk, we can try many sorts of trading strategies from regular strategies to extreme strategies to find the best one that suits our style, or we can join demo contests for free with real prize cash, like Ticktrader challenge 2 which the prices up to $600 for winners, however trading in demo contest usually less good to improve money management because typically traders will use maximum size to pursuing big profit.

Choosing te broker is an important part of the long-term business because investor traders don't want to enter a scam broker, usually, traders will do research regarding the company before joining, with conducting deep research will minimize entering scam broker, however when we already find the best broker then reckless in investing, because typically trading forex is risky activity, we also need to obey the golden rules investing money in a high-risk business, just spend money that affords to lose.

A micro account is suitable for beginner to start trading with lower risk because the contract size in the micro account is lower than a standard account, FXOpen International also provide account trading for beginner in a micro account that is designed for newbie traders, traders can start using smallest lot size 0.01 micro lot, this is a good step for learning real account with low risk.

When we think not yet confident trading in a real account, we can trade in demo ECN FXOpen to practice trading without any risk, at present still running a contest free in the demo account Ticktrader with a total prize $600 at forex. game, if you want to join, the contest registration is still open until the contest ends 28 October