91854Thats true for pretty near 100% of the so called forex traders.Originally Posted by ;
However, you locate a few ones that beat the odds.
That said never had the freedom to fulfill with a scalper who left it.
91854Thats true for pretty near 100% of the so called forex traders.Originally Posted by ;
However, you locate a few ones that beat the odds.
That said never had the freedom to fulfill with a scalper who left it.
Or you can go oanda and exchange against other retailers. There's no bs with dealer. With accounts you can get closer to interbank however in the long run trading against banks can make you account cleaned.Originally Posted by ;
Better is is to wait until someone buys forex of a blockchain then exchange trustlessly without banks that can slowly wither to dust
why are you making up things? Theres nothing on their pds about trading from shadowy pools and pools suppliers and nearly every broker pool that the clients money ( no wonder on 15 january all of nerds tried to withdraw their money ). If you for whatever reason get margin called, it's because you in first set will beOriginally Posted by ;
If all what is being said so much on the majority is true then why trade Forex?
Manipulations of candles, dark pools, stop searching, Dealing desk, no coping desk, liquidity suppliers, MT4, ECN and all what not..., if all these things are against you don't trade FX else that the Casino will be much more better place to go hand away somebody's cash.
When a candle is exploited each state or a trader is trying to stop search a trader, it is apparent that the trader on the other hand can also be helping a second trader who's trading in the opposite direction since the first person.
I sent you a pm some weeks past. I expected your answer. It was a question concerning the following thread (simpler is impossible) I would highly appreciate if you answer as soon as you find the PM.Originally Posted by ;
Thanks.
Some folks here are so missing, I'm sorry for you....It's a challenging match no doubt concerning it.
YES it is true that many brokers perform some tricks with their clients, it is correct that MT4 by default was intended for market makers to attract gamblers who want to wager cfd and Foreign Exchange. . It is correct there are numerous plugins and all kinds of applications to manipulate orders.... BUT SO WHAT??? I guarantee you that if the entire market was perfect and everything was 100% honest, the majority of individuals are going to shed on daily basis!
By default (without appropriate training, understanding of the game and sufficient expertise ) people simply suck at trading. ( and that is really true for any profession). Stop complaining and learn to trade. OR quit! It is OK to quit. After all, trading is one of the games on earth. It is not game for the weak, the lazy or the stupid.
Incidentally, currently there are so many MT4 brokers who provide pretty good conditions. (together with the STP bridges on the backend, raw interbank spreads, fast implementation, comparatively good commissions...) If you can't make money with these brokers - then there's not any hope for you!
Some folks here are likely too young to remember the trading conditions from 10 years back. Things including 3 - 5 pips spread on the majors, re quotes, slow implementation. . Buggy applications.... And yet some people made money day out! Some made fortunes. Even with these horrible trading conditions (by today's standards).
Winners train hard, work hard and win big. Losers whine all of the time and quit!
Well, if the they cheat you, then report about it to the regulators! Of course there are sc in almost any business. However, you have to do your homework first. Before you place your cash on the 12, do a research. And after you do study start little. Test the water. And NEVER put all you capital in one broker. (even if they seem like the very best in the world).Originally Posted by ;
I personally use just brokers regulated by the FCA in UK, CFTC/NFA in US and ASIC in Australia. Everything else is just too risky. Companies registered in third world countries or taxation heavens/islands.
It seems the bottom line is simple. When moving into any business or profession one must, firstly, analyze the advantages and disadvantages of that company or profession. Then having satisfied oneself it is how that you would like to go to build your new company there are.
1. Get a proper professional eduion from a reputable place.there are a few about but please do not just go on a weekend course and expect to be making money on monday morning It will not occur because at that point you know sweet FA about the company of trading.
2. Get a regular meeting with a few men and women that are doing the company and earning money,learn from role model excellence and them,spending some time to find out a fantastic methodology that works, based around price action, provide demand and studying charts for thousands of hours.
3 Utilize a demo account with a reputable broker correctly registered and if that broker is based near you go and visit them,they're all happy that you do that and should not do not use that broker ('m in UK so can visit my broker in London to find out what they actually do etc.)
4. Prepare yourself to create a consistent pattern of profitable trades with money management.
5 When you are trading consistently with a 2:1 minimal profit:loss ratio you're ready to go live with a little amount of real cash.
6 Make certain you fully understand the cash management side of the company.
7 Make sure you're very clear about how to handle the psychological side of the company. Trading is actually really boring and requires untold patience, discipline, focus, belief, a sense of humour tolerance etc..
8 As a trader you click on the entry button,you click on the stop placement and the target.you monitor your trade.You and only you're responsible for each and every trade. If it wins, why? Learn from that trade If it loses, why? Learn from that trade.Keep a journal.Your decision, your responsibility NOT THE BROKER,
your spouse, girl friend, boyfriend, the news, the weather, political announcements, and so on. YOU DECIDED TO DO THAT TRADE NO ONE ELSE.
Most of us who whine about things in life do so as they aren't very good at what they're complaining about.Take responsibility for the actions.
Look at the mirror, work it out, stay positive, learn something new each day.Trading is a very tough game,however it can be very rewarding to those who understand how it works,that takes patience, time and dediion. Good luck.Happy Trading.
What do you mean by conquer? A broker consistently makes money does not it? I mean, you consistently pay disperse or commision.Originally Posted by ;
Do you think this”system” also used on demo accounts via mt4? Or only at live accounts?
If this is true and you wont be able to Earn Money on mt4... then it will be hard for me to step around to ctrader (.mq5 custom made indiors)
greeting, TK