radex78 Posted July 3, 2023 Share Posted July 3, 2023 Trading in the uncertain market we should work based on plan trading. Plan trading will help us to manage money, and risk too. With a trading plan, we can learn profitable setups like how to enter and exit. Quote Link to comment Share on other sites More sharing options...
Alice Frampton Posted July 4, 2023 Share Posted July 4, 2023 A lot of people think that just having a low spread is enough for them to succeed. But this is far from the case, as low spread is just a minor aspect, which can benefit you but is not how you will be successful in the longer run. I work with FXOpulence, where the spread is incredibly lower than most brokers but still, the ability to trade, manage and all these things matter more, in order to be successful. Quote Link to comment Share on other sites More sharing options...
Ritesh.R Posted July 17, 2023 Share Posted July 17, 2023 If you are a scalper, using a tight spread broker is useful, and the suitable types of brokers in my view are Global Prime and FP Markets. The spreads move around from 0.1–0.3 pips, and for EURUSD, they also drop to 0.0 pips. Quote Link to comment Share on other sites More sharing options...
nanamage Posted July 29, 2023 Share Posted July 29, 2023 Can scalping be traded at FXOpulence or is it prohibited? Quote Link to comment Share on other sites More sharing options...
boltushkin Posted July 31, 2023 Share Posted July 31, 2023 Having low spread is must for those employing a scalping approach. For example if my spread at Hotforex becomes larger by 2-3 pips one of my scalping strategy will lose its edge. This is just to put it into perspective, lol. Quote Link to comment Share on other sites More sharing options...
Namu Posted August 1, 2023 Share Posted August 1, 2023 Choosing a broker should be done carefully, as a broker serves as a bridge for traders to engage in forex trading. Therefore, I have chosen FreshForex as my broker and have utilized their forex training services, allowing me to improve my trading skills. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 3, 2023 Share Posted August 3, 2023 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. Quote Link to comment Share on other sites More sharing options...
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