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radex78

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Everything posted by radex78

  1. FXOpen has included a broker that gives a good service, included help clients with services Automated Expert Advisors and Indicator Script Fixes for FXOpen International Clients!,
  2. Working manual trading or using robot all have a goal to make a profit in trading, however if using ea, it is need additional cost because to running ea all day long need VPS and it is need cost to hire VPS, even not all ea need low initial capital, there are ea designed with minimum deposit $1000
  3. For scalping trader, choosing a broker is a matter for better trading conditions, there are types of dealing desks and no dealing desk broker, for a scalping trader choosing no dealing desk broker has better trading conditions for scalping because the spread is tight and no requote problems. Traders can open and closed orders in minutes. FXOpen is ECN broker that included no dealing desk broker.
  4. Scalping trader are also called as snipers because they shoot the trade in near term, sometimes only needing less than five minutes to open and close order. This needs high precision time to enter and exit, maybe not all traders like this way because misleading trades could make emotions and this is dangerous when traders can't control emotions.
  5. Using high leverage is like as double edge of swords, on one edge could boost profit, and on the other edge like a sharp knife that could make the hand bleed. Traders need always to be wise in using leverage and keep proper money management in trading.
  6. I choose FXOpen broker as the best broker, because trading with this company for more than nine years still comfortable with their services, the company is also regulated in three jurisdictions, UK, AU, and EU, with account micro, STP and ECN, trading platform support MT4, MT5, and TickTrader platform
  7. I now only trade with one broker FXOpen. I think as long as the broker gives good services to make the clients make money by providing market analysis, education, etc, and withdrawal process is smoothly processed, using one broker is enough
  8. Demo account is a good place for beginners to learn trading in real market conditions, choose demo ECN FXOpen will get experience trading in the ECN network with a tight spread and can learn to explore trading instruments to find one profitable.
  9. Development of forex trading use automatic trading will remain to grow in the future, in addition at present AI already becomes hot topic in the world, it and many robots using AI to attract users. However, we need to carefully when choosing ea, because not all ea can work like in the promotion..
  10. Only trading in demo account will free without any risk losing real money. However forex trading is risky business, profit and loss is like as two edge in one coin that reverse each other. However if we gets bigger profit than loss hence still good performance.
  11. If you want to learn trading and gets feel trading in ECN network, choose demo ECN FXOpen, trading in ECN network gives several benefits like as tight spread, ultra fast execution, no requote problem. Professional traders like trading in ECN broker.
  12. If we can master scalping trading strategy, it could becomes profitable trading strategy to make money through forex trading, choosing pair low spread good average movement daily like EURUSD is suitable for scalping. In FXOpen the spread of EURUSD sometimes get negative spread in ECN account.
  13. Trading in demo ECN FXOpen, if want to gets feel trading in the ECN network, trading in an ECN account gets more benefits including tight spread, no requote problem so the best choice for scalping, however, need to become concerns trading in an ECN account is when the news release high impact, the spread could be wider because the market in low liquidity and highly volatile. It is too risky to trade in news high impact.
  14. Forex is worldwide business, in the big pool with full money it is common thing will there are some people entering the pool sometimes violating rules with scam other people to get money. If likely you find any offer profitable EA with guarantee profit or money back guarantee, check first deeply, because there are some traders experience stated money-back guarantee is only like a lump of sugar to make fruit, when they claim it the seller doesn't respond it.
  15. Each broker has pros and cons each other, and this is a general thing in the crowd will can't one vote, as long as we feel comfortable using our broker and the broker also gives good service, withdraw money is smoothly processed, it is already best broker for us because we can make money from forex trading through the broker as a bridge. so far my experience with FXOpen broker is still fine and good, so in my view FXOpen is the best broker.
  16. Scalping traders need low spread broker and low spreads pairs with good average movement daily. in FXOpen, often I trade scalping using timeframe M5 with small target 10 pips and stop loss using risk reward ratio at least 1:1. EURUSD is the most traded for scalping because often gets zero spread in ECN account.
  17. Leverage is matter for retail traders, when traders start with low-budget trading and choose leverage 1:500, the important point is to keep strongly disciplined with risk management rules. Because high leverage could lead to greedy, traders need a strong brake system in their minds to keep trading based on money management rules.
  18. Good trading conditions is using ECN account because in this environment trading space all orders directly forwarded to interbank market. The spread tipically tight, in FXOpen start from 0.0 pips in ECN account. Trading in ECN network no requote, but should to aware when news time, because they use variable spread, hence possible in high volatile market the spread widening to larger pips, so recommended to use spread indicator to mnitoring realtime spread on the chart.
  19. Low leverage will prevent greedy trading because when only use small capital will not be sufficient funds to open new position orders. Choosing higher leverage gives more chances to make trades, however, the risk also increases when traders are greedy. So be wise using trading margin..
  20. If we can work discipline with scalping trading, this is also possible to make multiple profit from trading day by day, choose reliable broker with low spread and pair will gives more benefit of course. I also like scalping with using FXOpen broker which also including low spread broker from 0.0 pips, even possible gets negative spreads on TickTrader platform. If you are not familiar with TickTrader, this is trading platform designed for ECN broker
  21. Yes, forex is long term business, by choosing regulated company means we already reduce the risk because in big market like forex, there is some people using forex to scam people. FXOpen broker regulated in three jursidiction ASIC, FCA and CySec.
  22. Trading forex is potential business to make double money through forex trading, however needs good skill in trading to makes profit regularly, because besides forex offers potential gain also there is a risk in trading, the risk is investor could losing money in trading. For beginners they can only trading using demo ECN FXOpen to practice in real market conditions using fake money. Make sure in demo already find best own trading strategy because work in real account will face different pressure
  23. True ECN brokers more convenient trading because the company is reliable, makes a good profit, and withdraw profit smoothly
  24. Using the lowest lot size is safer and less risky, despite FXOpen offering leverage 1:500, if trading always uses 0.01 lot size, good learning could grow small profit to bigger money.
  25. All decisions depend on us, whether will use trading signal and maybe need the cost to buy signal or we trade standalone based own analysis and skills. If you like using and subscribe trading signal, if profitable is good because your money grow, but if the result is still loss, learn standalone gives better understanding how to trade.
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