Please, show me your math, because I've just opened a 1 standard lot position with 1:100 leverage and it used a little less than $1,300 margin.

calculations and confirmation

Then it'd better to tell us how many trades are profitable and how many are losing (win/loss ration), then average losing and average winning. It's also useful to know how many trades per time period are made.

calculations and confirmation

That value depends greatly on the broker and may vary. But it will be no less than $1,000.

calculations and confirmation

You mean 14 pips profit per winning position? And what is the winning rate? And average losing position? That's quite important . And yes, 20% a year is a very good performance. As to your volume question. I guess 10M/100M (unleveraged of course) ...

calculations and confirmation

Your intelligence overwhelms my ability to respond to this enlightened and unquestionably wise commentary in an equal manner. Sorry. I thought that's quite obvious - I am trying to prove that in MT5 you can trade using the same systems and ...

NEW MT5 Seriously Stuffed For Traders Platform

The system is the same. To trade in MT5 you don't have to change the system. In fact, in the given example (you go SHORT on long-term and enter several counter-trend LONG positions during the course) you don't need to have to change anything at all. ...

NEW MT5 Seriously Stuffed For Traders Platform

Actually if you set limit orders to reenter position in MT5, you have to set up take-profit/stop-loss trades in MT4 for the short position. Which makes the overall situation quite equal.

NEW MT5 Seriously Stuffed For Traders Platform

But you would close your BULLISH trade at some point in MT4, wouldn't you? In MT5 you would just reopened a BEARISH at that point. And the out come would be the same. You aren't missing any profits that way. Yes, bashing me with the words like ...

NEW MT5 Seriously Stuffed For Traders Platform

EXNESS, Eglobal and FXOpen allow internal transfers. I didn't try to make more than 20 transfers per day, but they don't state any limits.

transfers between accounts

Is the report available only to the paid subscribers?

Silver trade calls

OK, let's look at the examples C and D as they would go in MT4 and MT5. Example C in MT4: 1. You are in LONG and encounter counter-trend signal. 2. You open a SHORT position. 3. Trends almost immediately reverses back up. 4. You gain from the LONG ...

NEW MT5 Seriously Stuffed For Traders Platform

If I understand your example right: 1. First, you see a signal for a LONG position, you enter it. 2. Second, you see a signal for a SHORT position, but you don't know how long will it last and you also enter it. 3. Then you wait for the first or the ...

NEW MT5 Seriously Stuffed For Traders Platform

To get the basic understanding of the Forex market I'd recommend something like School of Pipsology Manual. Then I'd recommend reading a good book on money/risk management in trading (e.g. Trade Your Way to Financial Freedom by Van K. Tharp) and on ...

Forex Books

What pyramid? I have. And I do. That's part of my job. Please, don't put your words into my mouth. I've never said that MT5 has not impact on trading deployment. In fact, that's one of the major changes in MT5. But MT5 position system doesn't make ...

NEW MT5 Seriously Stuffed For Traders Platform

All indicators are based on Price Action, so what can they offer that isn't present in Price Action analysis?

Price Action Trading

Many MetaTrader (MT4) Forex brokers offer free demo accounts with full-scale chart on Oil and Gold (and some NYSE traded stocks too). Try FxCompany for example. You just download their platform and install it. No need to register anywhere.

Gold Discussion

Like 7bit said, that has nothing to do with the position management in MT4/MT5. That's the problem of strategies and system development which is quite irrelevant to MT5. As it's not different from MT4 on this matter.

NEW MT5 Seriously Stuffed For Traders Platform

I can't agree with this. I have a nice system that is based on price action, instead of the indicators. And it's a successful system.

Price Action Trading

I think it's offtopic, but I'd recommend trying any MT4 broker on demo first. I use several MT4 demos from different brokers but my real account is on non-MT broker . As to MT4+ECN - that's quite a rare occasion, only few brokers offer that. But I ...

Meta Trader - EMA

That pop-up window is different if you add MA from the Custom Indicators tab.

Meta Trader - EMA