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bluemac
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This broker is already been in the market for more than a decade which builds credibility however those looking for broker recommendations can also go through doing some of their own research before finalizing the right choice.
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Anybody can recommend a broker for News trading??
bluemac replied to venturefx's topic in Forex Brokers
When going to make a limit order we need to factor in all the trading costs, spreads and possible slippage in order to enter any position which leads into profits. Slippage might sometime affects and is occured during news release events so we have to consider them rather than blaming the brokers. Some of the brokers like HFM, octa, xm, lmfx etc allow news trading too. -
I see there were previously some news related to a prop firm acquired oanda so i think we have some other brokers like hfm, octa, xm, lmfx etc to be added while short listing the right trading partner. We can also download their demo to check which option suits us best.
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That's why doing some of your own research is recommended to find out the broker's processes and ease of use in my opinion.
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Just trying to keep CPU under 70%. Share your instance/RAM ratios if using VPS services for MT4 or MT5.
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Yes, preserving the weekly profits can be a good idea so the traders can protect their wins rather than returning to these markets on fridays!
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Having a trade journal for logging our trades and reviewing them for periodic evaluation and improvement is the best in building memory muscles and setups.
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In my opinion, it also depends on what are the available options that can be opt in easily.
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I really wonder that many of the new traders treat trading as casino and some of them also keeps winning for some time before blowing their accounts.
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difficult to trade in here without a strategy
bluemac replied to Jesus D. Mallory's topic in General Forex Discussions
Learning always required discipline and patience or these traders always learn it in a hard way losing money and blowing accounts etc so we can use a demo account for practice our learned skills without risking any real money. Demo accounts can be downloaded from any brokers like hfm, octa, xm, exness, lmfx etc without depositing any money with these. -
Leverage is something to be kept lower in start since the new traders being unaware of the market conditions can blow up the accounts so better to adjust it accordingly.
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I think sticking with the demo for a minimum of six months before jumping to the live trades or else we can burn our live funds which could be saved if choose to stay on a demo while learning.
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Cryptocurrencies and gold: You need to take a position
bluemac replied to fahdforex's topic in General Forex Discussions
Looks like both of the commodities looking for a deep correction and then may go up again since for now it looks like blood bath making panic among those who bought it at the top. -
Cryptocurrencies and gold: You need to take a position
bluemac replied to fahdforex's topic in General Forex Discussions
I think the crypto or alts are competing with the gold and other trading assets, let see how we transform a transition from fiat to digital assets in the near future. -
I think trading comes through practice and only watching without practice is just leading to nowhere in my opinion.
