I think the number of trades depends on the lot size, expectations of duration of a trade and also risk management settings. For example I don't like to keep open several trades simultaneously that's why I make 5-10 trades in a week with all trades ...

How many trades do you take every month?

Good question, for all other newbies let me write this short guide. Feel free to use it when you feel confused After you open a position there are four variables that are important to you: equity, used margin (constant), free margin and ...

Martingale easy rules

Currently I use IB, Hotforex and Tickmill, the rule of thumb is to use several brokers and constantly compare their execution. When one of brokers start to perform badly (comparing to two others) I remove it and include a new broker. A kind of ...

Best ECN Brokers

Comparing to other options of currency trading, retail fx trading is ultra-cheap, believe me or not. This is because you don't trade currencies, you trade contracts for difference (CFD). And if we consider the fact that profit from currency trading ...

Is it possible to trade the forex market without a broker?

1 lot of GBPUSD is 100000 units of base currency, i.e. 100K GBP. With 1:100 leverage it will lock 1000 GBP / 1.2368 = 808 USD of your balance as margin.

Martingale easy rules

Let's wait for a reply of their rep here. I think they won't leave this compromising stuff here unanswered.

Horrible experience with my broker

Don't know any of them. Are they a kind of local brokers which offer access to local markets? Then most probably tax evasion will be an issue. I would rather recommend IB, Hotforex or Tickmill as reliable offshore choice.

Which broker is best for high leverage?

Basically it is a free bread from a broker because you try to profit on non-market conditions (earn risk-free profit). It is clearly illegal. And who will share this info with you for free?

Broker Execution Time "Spread"

5% per trade is acceptable target (limit in case of stop loss). But it also depends on the frequency of your trades. For example if you make 4-5 trades per day, max daily loss is 20% of the balance at the start of a day. I think it will be a little ...

5% risk per trade?

Just cashed out 2K on Skrill processed same day. The only issue I had with them is withdrawal on expired card but it was resolved in one week after investigation

Tickmill

How do you explain that price should bounce/breakthrough the level you draw? As I understand the underlying principle is self-fulfilling prophecy, like many other traders draw the same line, expect same that you expect, hence express same reaction. ...

Rules based system that is profitable on GBPUSD and EURJPY

I have only one question: stop loss = 1 X ATR or 2 X ATR? Basically how do we set stop loss guys? Do you focus on some levels or recent volatility is a good measure?

Quant's Probabilistic Idea's Method

Why did you decide to change the broker? Answering to your question yes I'm satisfied. When I'm happy it usually a combination of luck and some good DD

HotForex Discussion

Sorry for being a bit off-topic, what's the name of the platform that you use?

The Equilibrium, a key to success!

Yes I use one of them sometimes a bit high fee ATM, but pretty quick withdrawals

HotForex Discussion

I look for a broker which offers stable and fast execution of orders during news releases. But few brokers can boast with acceptable conditions for news trading.

What do you all look for in a Broker?

The best solution is walk forward optimisation test which cover bear markets too. But you will probably need to for pay for quotes.

Losing Streak: Is it because of strategy or bad luck?

Even if there is a lag in diffusion of news between these instruments it's highly likely that you won't be able to spot it by eye. Are you using some high-frequency feed to spot differences in how fast they price in important information?

Trading correlation pairs by using the other pairs

Strange, which instrument has this problem? maybe some corrupted mt4 build?

HotForex Discussion

Impossible they have to check your trading history to make sure you don't abuse them. Also KYC won't allow such a short timeframe for processing withdrawals.

Any brokers that have instant withdrawals?