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gacha

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Posts posted by gacha

  1. You need to think about the cost. Scalping can be profitable but not at a regular scam broker with a 2 pip spread on eurusd for example. Think about the cost you make on every execution.

    surely, traders must has a proper understanding, how spread affect our trading result. for example i had monthly total order at average 150 transaction on EURUSD, at first i use non ecn broker service, 2 pips spread on eurusd which means, 150 x 2 pips, 300 pips monthly cost in total, but now my result getting better as I moved into armada market, an ECN brokerage service with 0.3 spread charged on eurusd, spread cost are 0.7 pips x 150 trades equal to 105 pips monthly cost. have anyone ever consider how spread cost your trade. and yess indeed ecn brokers help me alot, now i have additional 195pips profit. before start and pick up your desired trading style, better consider how much it cost, what benefit and what the risk. scalping are commonly an overtrade system, which means spread does matter with this trading system. all the best for you all.

  2. Traders should be careful when choosing a broker, many brokers are scam and now offers many promotions. i would make sure the brokers would allow my trading strategies, as provide a suitable trading condition based on my needs. i tried several brokers service just to find a perfect trading condition for my trading strategies,before i choose to open a ECN account with Armada markets, which fit and suitable with my trading system, low spread even for commision based brokers, execution rate are fast for entry process, low price stop level which means i can modify target level as near as possible to the current market. my suggestion is define your trading system first, and go find a proper broker for it, dont put too much attention with promotional offer or promotion, profitable trading result it all you need anyway. good luck.

  3. Scalping is my favorite system. But be sure you are using broker that allowed you to do scalp. I am using armada markets. They are currently the top forex broker for tick scalping EA's.perfectly match while my own EA are tick scalper, i also given additional advantage while my order are only cost 0.8 pips per trade. Initially I also tried several brokers before choosing Armada, this is caused by a lot of positive reviews from friends who have used this broker.

  4. if you're not keen to be good traders, you have to be a smart investor. and I invested my account with autotrade on myfxbook page, they had a fair condition; proven track record from real account is a must, for minimum 3 months real account; drawdown limited 50% max, no martingale type trading system. and brokers has to be a decent one, not all brokers supported by their feature.i linked my Armada markets account with their system. now i have profitable systems, hand picked from real expert trader accounts .

    there's no lazy way to success, even when we as investor, we should smart enough to choose, to be more selective which service we should use, spend more time in research and learning how to become more succesfull

  5. arbitrage scalping is my favorite system. but first I would make sure the brokers would allow my trading strategies, as provide a suitable trading condition based on my needs. i tried several brokers service just to find a perfect trading condition for my trading strategies, before i choose to open a ECN account with Armada markets, which fit and suit my trading system, low spread even for commision based brokers (i;ve got 0.7 pips charged fee for each transaction on EURUSD), execution rate are fast for entry process, low price stop level which means i can modify target level as near as possible to the current market.
  6. try myfxbook autotrade feature. i've been subsrice several provider with my ECN account on armada markets. I love the way myfxbook select their autotrade provider, it;s very strict, an account should meet several requirement before approved as provider.

    btw trade copier with myfxbook are not supported for all brokers yet, they also selective in choosing brokers too. try them and let share any experience with them. happy pipping.

  7. choosing broker company all about investment security, good broker will provide benefits to the trader. i'll do research on their regulation, and how the platform enviroment works, my current brokers Armada Markets Regulated by Ministry of Economic Affairs in Estonia. It means that it is not offshore islands regulated broker with weak regulation and high scam risk. any scalping EA's works well with their scalping friendly trading conditions: low market spreads (0.3 on EURUSD), no requotes, no slippage, fast execution
  8. my current micro ECN account are with Armada markets, 0.01 starting lot, deposit minimum are 300 usd for ecn type. what i do like from them is the low spread given, typically 0.7 - 0.8 pips on EURUSD including commision, if you prefer on gold trading, their spread are also 10 pips low.

    http://quotes.armadamarkets.ee/livegraph/flot/quotes.html

    a quick look on their live spread. not a raw spread, but a low fee mark up, and yet for a deal minimum 300 usd, i've got execution quality on ECN account type.

  9. if you're not keen to be good traders, you have to be a smart investor. and I invested my account with autotrade on myfxbook page, had a fair condition; proven track record from real account is a must, for minimum 3 months real account; drawdown limited 50% max, no martingale type trading system. and brokers has to be a decent one, not all brokers supported by their feature. i linked my Armada markets account with their system. now i have profitable systems, hand picked from real expert trader accounts .
  10. proper knowledge of trading strategies are important key of succesfull trade. many traders use a complex, custom made trading plan, and indicator. for new trader this one sometime lead into another confusion, here's some list of classic powerfull trading strategies with a straigh description and picture how to use this strategies. http://www.armadamarkets.com/forex-strategies-2/

    this could be usefull resource for new traders.

  11. With 300 usd minimal deposit i've got my ECN account with armada markets, any trading strategies are allowed, including my scalping EA. if you're interested in gold trading they offer lowest spread also. get very good trading conditions! Even with low spreads+commissions it will be a lot cheaper that standart broker with bigger spreads and no commissions, resulted from ECN account type i've got entry execution at best quality.

  12. ECN forex brokers will charge you a commission on each trade, but generally provide much lower spreads. With some ECN brokers you can
    get the spread down to almost zero. Paying the commission is typically worth it to save 2 pips on the spread. For longer-term traders this isn’t a big deal. But for scalpers, an ECN broker with a typical spread near zero (0.1 or 0.2 pips on majors) is highly advantageous. so i choose Armada Markets who have this low spread based Forex Spread Broker Comparison

  13. arbitrage scalping is my favorite system. i would make sure the brokers would allow my trading strategies, as provide a suitable trading condition based on my needs. i tried several brokers service just to find a perfect trading condition for my trading strategies, before i choose to open a ECN account with Armada markets, which fit and suit my trading system, low spread even for commision based brokers, execution rate are fast for entry process, low price stop level which means i can modify target level as near as possible to the current market. my suggestion is define your trading system first, and go find a proper broker for it, dont put too much attention with promotional offer or promotion, profitable trading result it all you need anyway. good luck.

  14. here's key point you need to practice regularly :
    1) Focus on trading, not just on making money
    2) Learn that NOT trading is part of the game (Being out of a trade is a position)
    3) Become organized and disciplined
    4) Take a longer-term view of what “success” means
    5) Develop a strict daily trading routine to develop positive trading habits

    have a good day and good luck with your trading.

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