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I review my trades with the help of my trading journal and plan my future trades accordingly.

You might have heard - always risk less than what you expect to gain. It is generally recommended to always have a ratio that is higher than 1.0 with 2.0 as being optimal.

Another new update Crypto trading is now available with Fxview.

New update! Hotforex got licensed with CMA (Capital Markets Authority) for Kenya.

Absolutely! Talking about the popularity of forex, I believe it is also because of the opportunities it offers to the traders to make money. More and more traders are getting to know how forex trading can help them make profits and they are trying their best to make it work for them.

Here's the list of brokers who offer VPS services, if any one of you is looking for one: Avatrade- The price of their VPS plan can vary from a few USD to hundreds of US Dollars, based on quality and storage. eToro - Didn’t get any information from their website. (If anyone has any information...

It depends at what level the higher lows formed! Take a look at Eliot wave theory you will understand better.

Agreed, it becomes risky when we fill our charts with excessive indicators and lose the simple entry and exit points in between. Keep it simple and as much as clear to understand what is going on!

Surely will check those and try to update the list if Elite permits to do so.

To be very frank, I keep myself into 5M time-frame as to scalp 1M is very tedious to me and require algo to beat the extreme volatility.

Risk comes with opportunity as well if proper risk management strategies are applied.

Agreed!

Exactly what did you do, if you don't mind me asking? Where and what are you basing this on?

That would cause the emotions to rise, so I really don't recommend it.

Everyone is welcome to add the suggestion, so please feel free to share more details. Will try if I can edit and keep on adding new worthy brokers to the list. @David's faith IBKR, solid one! Thanks for pointing out, will research and add.

It is a relative term. Ideally you should be prepared to lose what you think you will be able to recover in subsequent transactions in case the trades do not go in your favor. Though 2% of your trading capital is enough to proceed with.

Risk always comes with an opportunity so it depends on how you handle that risk and make it favorable for you.

Agreed! It's always recommended to be doubly sure in such cases.

Hello Everyone! When we try to search for brokers online, we can see a plethora of options available there and to choose the best one for ourselves becomes a little bit fussy. To simplify this search, I have started this thread to have comprehensive insight regarding the best brokers that might...

Agreed! There is a famous quote - "When a beginner wins he feels brilliant and invincible. Then he takes wild risk and loses everything." This says it all and that's why I always place my trades with the mindset of preserving my capital.