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Who’s the broker?

@Neal Yes, you can do that. But try keeping your investments low in the beginning because you won’t have any idea about how the trades will turn out to be.

My apologies for not clarifying earlier: looking at forex market for now, I feel it’s much easier for relatively new traders to enter forex than other markets. Would you suggest the same brokers for forex as well?

So I come back to my thread and see that I can’t even write a sentence straight lol I meant “IF” playing safe is a thing. AND. @ET180 any reason you’d recommend these 2 brokers?

The best EA that you will ever use is the one that you build yourself. If you don’t have any coding knowledge, you can get in touch with expert programmers to build one for you.

On the lookout for a trustworthy broker, for day trades with very less commissions. Not considering long term trades as I’m still into initial months.

Yes, no one else can tell what strategy will work for which trader. And there’s definitely no need to waste time understanding all the different tools of trading. It is better to know fully well the functioning and workings of a few.

I would just take it as a reminder, like from my credit bank.

It is actually quite alright. MT4 is good for forex trading.

Best strategy is the one that makes constant money, which is none. So be vigilant on what’s happening in the market and according to that keep working or modifying your trading strategy.

Are you using interactive brokers? If yes then it’s not possible.

Do not over trade, but practice what you have learned on a demo account.It is possible to earn big in Forex trading, but there is no quick way to do this. I had started off with a demo account on Turnkey Forex and after testing out various strategies did I zero in on one. I regularly trade using...

More than regulations, you got to look at some other factors when you choose a forex broker. First and foremost, see the commissions and other transaction fees that they charge. Should not be ridiculously high like $10 or something. Secondly, look at the spreads and leverage that they offer...

I observe that you had been looking on the daily volatility. For a better insight on it, I would suggest you to have a look on the annual volatility. This is how you’ll be able to maintain a wider look on the data, allowing you to plan your moves accordingly.

I am using the trail stops and it is beneficial for me.

I have followed many interviews of Joe Rogan and I think he is really efficient and talented in his work. Although sometimes he seems to be quite aggressive with his strategies but when he has such amazing knowledge about the market, I guess it is fine to take some risks. His podcasts are...