Support says you can open a DMA account with any amount, but you can start DMA trading only if you’ve got above $5K on account.

Trade.com brokerage reviews

That's really a very good question. For most people, trading is just a hobby, a way of "spending time with benefit". Few people can really afford to quit their fixed-pay fulltime job and trade all day long. And to do that you have to be a really ...

Why isn't everyone rich?

In fact, the correct remark is that success for everyone is determined differently, because we all reason in different categories, and for someone the achievement is just to start trading, and for someone the profit of a thousand dollars per day ...

Successful traders are very, very rare to find

In fact, for every trading month I have at least an approximate one, and in the process of trading a more specific plan of action is formed, as I do not think that a trader can act on the eye or somehow spontaneously, yet you need to prepare for ...

What are your daily p&l targets/limits?

A trader should not forget about learning and studying the market, it is the most important moment for him. Because the better we orient ourselves in economics and news events, the better we understand the cause and effect of the market, the more ...

Mastering Trade Management / Stop hunters

You can't argue with the fact that the statistics of forex users are not too nice. Indeed, many people are quickly disappointed and stop working in the market because they consider it unprofitable, risky, energy consuming. Everybody wants to see ...

Forex - A negative sum game for losers

Had a look at Trade.com. Couldn’t get what is the difference between their CFD account and DMA. Can anyone explain please?

Trade.com brokerage reviews

I can say in general that most often traders start with interest and as players. They believe that this way they can have fun and possibly earn something. In any case, most often the attitude to it is not serious. So the first loss is not always ...

How Hard Was Your Forex Beginning? Share to Encourage others

I do not think that we create new strategies, the maximum we do is to adapt ready-made strategies in one way or another through the settings. Because creating a ready-made trading strategy is a complex and multi-component process that requires a lot ...

How do you come up with new strategies?

If we talk about the strategy, it takes me about a month to evaluate its performance. At the same time, most often I test it on a demo, plus I evaluate how well it has worked in the past. During this time, I test it on various assets in order to ...

How much backtesting is enough?

I can say that I have a lot of acquaintances who use ancient methods to analyze the market, and this does not bother them in any way, because for them it is a familiar and understandable format that allows them to stay in the market and comprehend ...

plain old technical analysis?

Such thoughts are definitely worth sharing, because it is with their help that it becomes clear what the trader thinks about the market, how the trading strategy has become the most productive for him, how he perceives his acquisitions and failures. ...

Forex Trading Philosophy

Well, if we talk about exactly what is related to trading, then the weekends and holidays are a great time to look at the latest news once again, as well as to analyze your statistics and market efficiency. Because on busy trading days you usually ...

What do you do when the market is closed?

And I don't think there's any point for traders to panic at all. Because those who have traded every day, and so can continue to do it. The same traders, who are now in forced isolation, and do not go to the main job, can afford to concentrate on ...

Corona-virus, Election Year, ~$10 Million Move, & Zero Sum

Actually, it's a moot point. You correctly said that trading is an art, but on the other hand it is working with a certain mathematical algorithm. And that's why the success is usually achieved by those who can not only select and determine the most ...

has anyone EVER seen a successful trader/trading system?

In fact, there are now clear and precise categories that allow you to determine both the integrity of the broker and whether your strategy can be considered safe and profitable. And that's where it all depends on your desire. Those who believe that ...

Caveat Emptor

I would say so, a trader's philosophy is formed in the process of his trading, because nobody knows but you how you will be better and does not understand what emotions you will experience while your capital is working in the market. I am convinced ...

What does your trading philosophy mean? How important is it?

I do not think that this question can be answered with one sentence or with some universal instruction that everyone can use. This is because each indicator has its own peculiarities, starting from the external design, ending with the peculiarities ...

How to properly use indicators

Take your time and do not give yourself false hopes for what you can all do and achieve tremendous success quickly. In fact, trading like any other business requires a lot of time and energy from you to learn how to study the market, analyze events ...

Anyone been to success coach?

We have recently discussed such a topic with a friend trader and came to one common conclusion that trading is necessary when you understand and feel the situation and see how you can get out of it if something goes wrong. For the most part, we use ...

Make your Trading Taboos "Do not"