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But even if we decide on taking the custody risk, the question is at what point one realizes it’s time.

Contradictions are meant to happen. A particular strategy works fine for one and for others it can work just the opposite way. I sometimes wonder whether we can promote studies or journals like this. Guess we can. But again, if many such online courses are already available on Google, why would...

Have had many similar experiences in the past where a strategy that was minting greens suddenly went downhill. I eventually had to let go of it and turned out it was a good decision as a trader. I understand it’s very difficult, but the bottom line is how long can you sustain a losing streak...

Yes, I found two indicators RSI AND MACD that have been helping me get better with every trade I execute them. I use these indicators in combination to get the confirmation that I am doing right. My broker turnkeyforex has low commisions and quite bearable account minimum requirements. I have...

I have faced issues with such a thing several times and I can completely understand why you are saying that. A friend of mine was using an indicator and he felt completely okay with applying the indicator to any chart as he was getting good returns. But when I used the same indicator, I found it...

Try either with a demo account or a micro account to test the strategies. If not, I’d suggest you get the basics cleared. Sometimes it’s just a minor tweak required. So, just put a halt to your trading, take a break and then after you’re sure about your strategies and skills, start with a small...

How about you try it and share with us the output of the low probability and low risk spread? Good thing is that even if you won’t have huge profits, you won’t even have to face huge losses. That’s the beauty.

1:200 leverage? Is that what you traded with as a beginner? Don’t mind my shock

Risk management if you ask me should be the top priority.

Got your point here @pureequity964 since I too have been trading on MT5 despite many others coming up nowadays. I create my own indicators using the in-built MQL language and know that my data is safe because of the reliable encryption.

Yeah I guess it does since it’s much faster in transmitting the orders faster, reducing losses, and unpredictability. But, do speak with your broker about this once.

True. Also, traders should work on being disciplined enough and setting their goals in order to have good profits. When you will be dedicated to your goal, you will automatically prepare your mind for all the fluctuations that can happen. You can analyze the market first using any of the brokers...

Actually your friend might just be right. I don’t know which broker he’s trading with but there are brokers who offer VPS hosting on their platforms to enhance the trading speed. I’m sure you’ll find many brokers these days offering this tool like mine for instance, Turnkey Forex and FXCM, both...

The best thing would be to prepare yourself beforehand of every situation that has high chances of happening.

Due to Brexit IB is having to make the shift. The shift is taking place to remove the PDT rule and eventually it will take some time.

There are many ways in which you can judge the status of the broker. The best method I think is to check with the regulating agencies website. If a broker is regulated and has a presence on the regulators website, then it cannot be fraud.

There are many brokers out there which provide micro and nano lots for trading. There cannot be done much with these lots because the profit potential is very low. It is not possible to earn millions from the cents only; you have to climb the ladder slowly.

It is only possible when you would get extremely lucky. These types of success stories would only be possible in the movies and trading games. It is simple logic that how would you turn 3 dollars into 1 million dollars without magic.

This specific broker does not allow for direct buying and selling of cryptocurrency. There is an option of trading bitcoin futures which is like any ordinary future contract such as stocks, indices, etc. The risk is very high in the bitcoin futures so the other thing which you can do is that...

According to the paper by the Harvard law school there is a massive shift which is going on in the 80 trillion dollar market asset management industry. The risks associated with the shift in certain scenarios would definitely increase. For example a more concentrated industry would become more...