gacha

use only system suit your needs. but before you start polishing your trading plan, make sure put a proper reasonable target prafit, it's essential before you define your trading style.

some traders put too large profit target, which ended doing overtrade activity with no proper risk management. and finally got this account collapse in no time. fx trading is not your private printing machine, carved that in mind before you start.

hello i'm Evan

i'm new here. glad to be here.
hope i can made friends here, greet and meet with potentian trading rival, gurus, or even investor
many thanks

now we had EURUSD movement around 1.2550, a drop after FOMC meeting, and the US stimulus are stopped. a great move from the new FED, mrs Yelen.

theres many type of exit strategies

fixe target, by indicator, by market volatilite, or by news event, trailing stop are also favorite among traders.

even there's a complicated exit strategies, such partial close exit, partial exit by lot combined with trail. where my scalping strategies used a simple one, it's a lock profit type, a customized version of normal trailing stop. develop EA based on this, and several brokers company used for enhanced purpose. several broker are failed my EA test,resulted bad, due their slipapge, often requotes, or even worse a freeze price market. for now Armada Markets trading platform are suitable one, works well with my system, their fast execution, lower spread on major, an advantageous for my EA performance.

Are they still active by any chance?

yes they are, i have my account open with armada markets. ecn account only required 300usd minimum deposit. what do i really like is the execution are fast, spread are low especially on major, which cost me lower fee for each trade. while my trading are scalping one, applied on 6 different pairs, armada market provide me a good trading enviroment and suit well with my trading strategies.

A good broker will provide benefits to the trader. I chose Armada Markets for the following reasons: Low spreads, my entry on eurusd only cost 0.3 pips per trade. ECN price feeds, any entry are execution instanly, no requotes. if anyone also with this company please let me know, we can share thought and ideas about trading strategies, my favorite is scalping strategies.

There plenty of ways to learn trading and its upto to the trader in which he wants to learn or decide the way he is comfortable with.

some new traders wont spare time to read long yet informative article. they find it bore, and too lazy to read structurally. one day he read about the basic, and then he jumped and read about expert trading strategies which lead to confusion. informative educational video are much better approach, i came accros and found Armada markets forex trading video tutorial contains hours of video dedicated to multiple Forex aspects you need to become a more knowledgeable trader.

Emotional and greedy is part of our problems while trade in forex. Most of traders couldn't control it and they face loses in trade. Sometimes, we can handle this greedy but it can persuade our self being greedy. So, how the best way to control our greedy while on good market condition??

 

first of all.. how you define 'good market condition' ??

if i have an exact method to define this one, i would gladly to greedy all the time, besides the market condition are too good to slipped. and i always made more gain, of well define good market condition.

you cannot decompile any ea anymore. up to mt4 600 build are not capable to decompile. even so there's not free, and worth lot of money to buy such decompiler software. build your own strategies, you can code it for free anyway. i can redirect you when you needed.

Whether indicator or no indicator, there's no holy grail. Money management is the key.

love this one, the market price our only indicator, our only valid indicator. and what we must put in mind is, when do trade, either buy or sell, think about the result, focusing on how much we get on profit, and how much we losing on loss trade. simple as that.

my current trading setup on armada ecn account type, i've got only 0.2 pips spread on eurusd, and stop level are low also, means you can scalp and modify your take profit level as near as possible to the current price.

http://i.imgur.com/i8Z1K8s.jpg

I used to 1:500 leverage on armada markets but not for over 1000 usd intitial deposit, when go higher said 5000 usd, i used 1:200. i open and account for amount 1000 usd with armada, and use 1:500, got bonus deposit also which means an extra margin level for my trading account. low leverage is more like a stealth stop loss level for your order, low leverage restrict your active trade (by lost size), as the lower it is the higher margin requirement for each trade.Money Management is key in this so you need to define your risk & calculate the correct position size for your stop-loss.

you need to plan your trade more carefully. not based on market bias.

there's no such 'hope' included in your trading plan. you need to get more serious with it.

taking care of your money, then they will taking care your life.

it's still posible as long you have enoguh data and statistic, for example myfxbook system page. just try to different approach besides of zulutrade, autotrade system on myfxbook, i have linked my armada markets account with their autotrade system, have anyone tried this autotrade feature before ?

Can this roulette be responsible for making money online???

 

avoid this kind of trading stategies. it's ticking bomb trading style. no matter what you do, you'll got account blown up. trust me and thank's me later.

danzfx, are you live in malang ?

you can be both. afflitiate part demand much time and effort though. i have an affiliate account with few broker company (some offshore, some russian based), i handle it at first, but later on had some friend manage it. the affiliate program still running, while my own trading account opened with other brokerage service (armada markets), simply comfortable with them, enjoying how their platform works. perhaps my next plan is to works as their partner.

regarding affiliate program, open your own trade before you plan affiliate with some brokers. have a deep check, trade with them, knows their pros and crons. because your potential client would ask in details regarding brokers you partnering with.

i;m still new here. looking for someone who really do post. wouldnt mind share their knowledge, discuss any idea about online trading.

backtested result are not the only thing to define an EA trusworthy. better ask them any live trading result.

i fully satisfied with armada markets, true ECN broker. It means that it has lowest spreads, lower than on STP, execution is faster as well as price quotes which liquidity provider using LMAX Exchange is a London-based, awarded for Fastest Growing Tech Company in the UK by Sunday Times Tech Track 100 in 2014.

withdraw you profit. it has an important impact for your trading psychology, a real money is a money on your pocket not on your trading account. your trading equity is still an investement state, not yet a real profit to made.

major pair are good start, low spread means low cost for each transaction, which lead a closer range to profit target position. couple years ago, market price are start with 4 digit price market, which leads 2-3 spread (which means 20-30 pips if you convert oon 5 digit brokers), trading nowaday are more profitable, many broker offer lower spread, just like my favorite one armada market spread on eurusd at 0.2 pips, has anyone here trade with them too, i just open a new thread forward test result at armada market trading platform.

Todays, a lot of broker that pretend as legal broker and scamming client's money.

Its really shameful. You must be aware about this guys..

do some research before decide. most of broker company are offshore company. with me i decide with armada markets company, fully regulated, and not an offshore company, offer low spread and fast execution, my plan is to open an autotrade trading system based on my expert advisor. anyone has experience with myfxbook autotrade ?

hello i'm new here. but i already years with online trading. all you need is strong will and determine, be passionate. learning online trading are easy when you have a good mentor, you would waste too much time and effort.