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Diversification can also be in the way of different markets. I am using many different accounts for my different investment types. Like for CFDs I have my trading account with Octafx, got some investment in digital currency with etoro and for currency trading I’ve been using fxview and xtb.

Yes, in fact through demo trade a person can understand automated trading and how to write the scripts in trading platforms. I am a huge fan of the MT4 trading platform (using XTB broker) because I know how to write the scripts in the MQL language. When I thought of switching to MT5 platform...

I would say demo accounts are helpful to an extent. Not just beginners, all traders can use demo trading as the playground for experimenting new strategies. I think a trader should always keep learning. If we start a new strategy with real money wouldn’t it be a huge risk. There are many simple...

Exactly!!! People are always asking about the brokers but not the platforms. There is a huge difference between brokers like Avatrade offering proprietary trading platforms and market standards like MT4 and MT5 offered by numerous brokers like Fxview, XTB, Fxtm etc. These are the important...

I think finding an approach is a matter of trial and error. A trading style is one such thing which cannot be copied from one and another because of the difference in the emotional and technical aspects of the individuals. We cannot just look for a strategy and implement it in our trades because...

What can help even more is scripting your own EAs. Python is a great tool for that.

The MT4 trading platform provides you with the various options of writing your own trading bots. It is offered by numerous brokers - Octafx, Fxview, XTB. This can help you to ease out your scalping strategy.

Never thought about it, just know that most indicators are scripted for it, even the programs I wrote have been working well for me on MT4 offered by both (fxview, xtb) my brokers.

For me the ease of use of MT4 is the reason why I use it. Low bandwidth is news to me.

I find a lot of brokers very similar. Regulations are the differentiator for me. Only because of that and comparatively lower cost I decided to open accounts with XTB and fxview. Things are going great so far :)

If you are looking at high leverage for CFDs, Octafx and Fxview are such brokers. I also find their interface very beginner-friendly.

When you use the stop limit order, it triggers the submission of a limit order, once the asset reaches, or breaks through, a specified stop price.

You don’t seem like you favour his ideas. Whatever happens, we will have to wait and watch.

This is a very common thing and it keeps happening. You can try contacting them for the same.

It is good that you want to.

Fxview - 0.0 pips, $2 commission . XTB - 0.1 pips, 3 - 4 pounds commission.

I have discovered quite a positive relationship between the GDP growth rate and the exchange rate. Although I am not so active with the GDP growth rate, the thread is helping me quite a lot to stay updated about it.

If you use higher leverage and trade goes in an opposite direction as expected then it can make losses. You should choose an optimal leverage ratio as it increases the risk factor on your account balance. I would suggest you to go for 100x or 200x leverage if you are not so experienced. If you...

When you plan to start your trading with options, it is important to be aware of the tax implications connected to it. Although I am new to trading and still gaining information about it, I have come across the fact that there would not be any tax incurred when you keep holding onto your stocks...