Why take such a risk when you have better trading options in forex? I for one will never put my money at stake at something knowing there are limited to no reliable brokers. Major global indices are the ones I’m currently demo practicing with my brokers fxview and IG.
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Is there anything like a best trading strategy?
- Thread starter Nealeliff
- Start date
Mind sharing the strategy you’re using?MACD I think relies on the underlying price points. Overbought and oversold signals aren’t as effective as a pure volume-based oscillator.
Go for CFDs. These are the best for indices and make you profit from the rising and falling prices.Mind sharing the strategy you’re using?
There are quite a few actually like fxview, easymarket, xtb that offer competitive spreads and low margins. So, if you’re trend trading, you better keep the position open as long as the trend continues. Apply stop losses to safeguard your profits and reduce the losses.Know of any broker?
It’s totally up to you what percentage loss you’re willing to take. If you find that the investment’s good but the price will fluctuate, and you’re still willing to take the risk, place a stop loss at 20, 30, or even 50%.I’ve been wanting to ask whether there’s a reasonable stop loss percentage?