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Haven’t heard of them but I’ll look it up. Thanks.

I don’t think there is any reason to worry about why it happens. Even if you want to trade it, you should focus on how it will affect you rather than why the price is low.

I don’t think that’s possible with demo trading. Let’s speak of a lower time frame for instance. The 1 minute to 15 minute chart time frame is unachievable till you’re not live trading. Also something that’s just not recommended for beginners.

I hope you know that there’s a considerable difference between the trading results and the hypothetical performance.

There’s no harm in it. I’m a scalper too for years and have been sticking to the 1-15 minute window throughout. Been doing quite well with this strategy so far with fidelity and fxview.

Choose a trading style and strategy and then backtest the method according to the previous market performance.

Long term? All this while, I’ve been thinking it to be a short-term profit investment because of the high liquidity.

This works perfectly well for new traders trading with low leverage ratio. Lower position size means little fluctuation in the account, which in turn keeps the emotions at bay and thus a decent trade.

Not just this Liz, I got access to good take profit and stop loss systems, the detachable charts, moving chart timeframes, market display. I am liking all the works.

No denying in that. A single or tiny movement in the market against you would result in high losses and could also end up wiping out your entire account. Not just this, the financing costs keep rising because you don’t stop borrowing money from the broker. I for instance make sure to stick up...

I’ve been using the MT4 platform so far but switched to Act trader a few months back. Quiet surprisingly, it was way better than the first in terms of the user interface.

Are you saying that in comparison, MACD is a better trading strategy?

I’ve read that many traders propagate MA on charts. From what I know, they can at times simply shoot off in a clear direction, while at other times, they’ll ramble along without giving a clear indication of which way the market is moving.

See they both are good in their own aspects and I really can’t draw any comparison between them. Pepperstone is good with the trading platforms while the other offers good spread size. Try out on your own and see the difference.

@hilfspaul Stock trading is a big no for newbies. I think only experienced traders should involve themselves with trading stocks. Stock prices hitting lower circuit is a big risk which made me lose my money as a complete market noob. I restarted with fxview with indices, spreads were/are...

It is all about practice. If you have decided what you want to do, there is nothing that can stop you from making profits. I also started my trading career as a scalper with fxview and interactive brokers. I had to make some losses in the beginning but I still managed to learn something new from...

Yes, scalping is a great technique for beginners. To take advantage of the market using scalping, you will have to learn to open positions, gain some pips, and close positions shortly afterward.

If you are new then maybe try using higher time frames. H1 or something. Even I have tried using autochartist as my brokers fxview and pepperstone provide it free of cost but I didn’t find it to be very accurate. I mostly trade using s/r on price and volume.

And rightly so, it is still the most profitable pair to trade with its predictability.

If possible, why don’t you create and maintain a holiday calendar manually? I think it will work.