I am smelling yet another “quick cash” seeker. Don’t forget Forex is not a casino hall, mate

double the account every day...

Indicators can tell you what already has happened but cannot tell you what will happen. So I would not build my strategy only around the use of indicators.

is it true

hey James007, This is a good description of a Market maker, but what is the point of this thread. Is there something you would like to discuss or ask :?

A forex market maker

Fully agree with mlawson71. You could be experienced professional trader and still benefit from demo testing.

how do demo accounts differ from real live trading?

According to most observers, Oil price will keep rising till the end of the year and it is already above the high from may 2015. So what do you guys think, what’s next for this commodity.

Oil and Natural Gas

The best summary on the topic, yet. Short and clear.

Brokers prefer to win or lose ?

In the whole macro system you have only certain amount of money, which is constantly circulating from hand to hand. So when somebody is winning, somebody else inevitably is losing.The only way to assure yourself that your broker doesn't care whether ...

Brokers prefer to win or lose ?

Ok vohunter, Could you please share what could be higher priority than protecting your account from potential total whipeout

Real Fx traders do not use stoploss

I am quite skeptical about this whole Grid thing. Some of my friends adopted multiple variations of this strategy and none of them got positive results in the long run.

Can a grid trader survive?

I believe WTI could go up to the 73.25 level, that acted as a good resistance area until mid-November 2014

Oil and Natural Gas

Indeed a demo is great way to start but the learning process continues even a lot after the switch to real environment. In my view trading is never ending learning process.

Is demo a step before real trading?

“Every time you borrow money, you are robbing your future self.” – Nathan W. Morris

Quote of the day - Trader’s oomph!

For me it mostly depends on the support / resistance levels and how much risk I am willing to take. Also the simple percentage of equity rule comes in handy.

What stoploss do you use?

“in all chaos there is cosmos, in all disorder a secret order” – Carl Jung

Quote of the day - Trader’s oomph!

It is not bad thing to be confident in the outcome of a trade you have placed but lets be honest – none of us can replicate the George Soros vs. GBP scenario So I see the SL as one good step of precaution.

Real Fx traders do not use stoploss

I am really amazed how such a simple thing turned into this huge discussion

Real Fx traders do not use stoploss

“it is not about working for money, it is about having money work for you” - Stephen Richards

Quote of the day - Trader’s oomph!

My intention was just to share information on the topic, mate. I am fully aware that usually with big lotsizes slippage and a bit slower latency might occur.

What maximum lot sizes will brokers accept?

In my view long term trades on bigger frames would be most suitable for people with limited time for trading. As usual, I would not recommend signals and EA trading. Call me mistrustful if you wish, but I cannot put my money in the hands of ...

Part Time Trader

$10K equals only 0.1 lots which seems very restrictive to me.

What maximum lot sizes will brokers accept?