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As it says in the title: if you are new to /Forex or to Forex trading it is essential that you read the Sidebar and the Beginner's Info/FAQ first. 99% of all questions are answered within. Need a list of resources? Go to our List of Resources link. Looking for a chatroom? We have one! Check the sidebar. Also, please familiarize yourself with this sub's Four rules, found on the sidebar. Thank you! THE MOD TEAM
Complete beginner here with a question about Stop loss and Take Profit
So i'm a complete beginner (couldn't find a job due to the Coronavirus thing so here i am) . And i've came across that article that says that you should not risk more then 1% of your account on a trade and you should to get a 1.5-2% profit. Now i've been testing out a scalping strategy on with Paper trading and they gave me a 100,000USD demo account. So i've been putting my PIP value as 1000USD and i've put a stop loss of one PIPS and a take profit of 2 PIPS on each trade. So far this seemed to work for me and i managed to profit like 2000USD with it (but i lost all after i tried some wacky ass 1 Candlestick strategy from youtube :P). So my question is if this is a good approach to have for Scalping? (Just for the record, i use a combination of Support and Resistance with EMA and the Fibonacci tool for that strategy)
Noob in the market has a question regarding; Flash crashes and what to do (tips) in such a situation and how to deal with them? Also some 'broker'-related questions included.
I'm a noob in this market and I found out there are huge flash crashes in CHF. It worries me, that something like that could happen to me and that it could do more than just make my trading acc go to zero.
Are these flash crashes normal and should I avoid trading pairs with CHF?
Which currencies don't get artificially pegged by central banks like CHF?
Can you protect yourself in a flash crash?
I use 1:30 leverage (max leverage, on FxPro), could my account potentially go negative in a flash crash. They claim to have a 'Negative balance protection' policy. They say I can't go negative with my acc. I've also heard many other traders (in different forums) say its all bs and those policies are just marketing tools, could this be true?
Stoplosses don't work in a flash crash, right?
I'm tending to grow a small account for this reason, so I won't beat myself for losing all the deposited money. Are there any other ways of trading to survive a flash crash, would like to know that because plan in that these flash crashes could happen anytime?
What to do in 'Worst case scenario'; having made a buy trade and suddenly a flash crash makes the currency pair drop 30k pips with a stoploss and my trade goes negative 6-figures. The brokers says: "Pay back that money, or we'll chase you forever". What could you do to get out of that kind of scenario?
Covid vaccine: First vaccine offers 90% protection - BBC News
This is the best tl;dr I could make, original reduced by 65%. (I'm a bot)
The first effective coronavirus vaccine can prevent more than 90% of people from getting Covid-19, a preliminary analysis shows. Their vaccine has been tested on 43,500 people in six countries and no safety concerns have been raised. The companies plan to apply for emergency approval to use the vaccine by the end of the month. Pfizer believes it will be able to supply 50 million doses by the end of this year, and around 1.3 billion by the end of 2021. There are logistical challenges, as the vaccine has to be kept in ultra-cold storage at below minus 80C. There are also questions about how long immunity lasts and the companies have not presented a breakdown of the vaccine's effectiveness in different age groups. Dr Albert Bourla, the chairman of Pfizer, said: "We are a significant step closer to providing people around the world with a much-needed breakthrough to help bring an end to this global health crisis."
Hi everyone. Im currently active duty Infantry in the United States Marine Corps. I found out about Forex thru a mutual friend that seems to be having alot of success from it. Only thing is that he is a civilian and has plenty of time on his hands which is something i dont. Im just curious to know is it possible i can have success from Forex due to my service? Be completely honest with me, all feedback is welcome. I just dont want to waste my time with something that i have no chance at doing. Im an eager learner and am willing to dedicate some of my spare time to this if its possible. Delete if not allowed.
I am using a demo account and the numbers are way off when I look at trading view charts. For example on the trading view charts it shows EUUSD 1.13400 While on demo account metatrader 4 charts shows EUUSD 1.3080 Any thoughts to why this is? Is it the cause the demo account? Is live account more accurate? Thanks for any help.
Forex FAQ - Hier finden Sie häüfig gestellte Fragen und Antworten zum Thema Forex. Wissenswertes zum Währungshandel und nützliche Informationen zum Devicenhandel. The Forex Smart Tools Trade Log is designed to automatically import your trades from your account history (for MT4 brokers). You will be able to select which accounts or sub-accounts you want to select, so if you have other trades going and do not want to import your EA ('Expert Advisor') trades that would be easy to select by simply choosing which accounts to import or not import. Faq for forex is here to solve the frequent forex or benstride questions. Therefore you use my suggestion form to request me to add any questions you think I have not covered after going through all the answered questions. Q2. What is Forex Trading? Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world’s currencies trade. The ... Frequently asked questions about FX Leaders's services, community and website. How do I learn forex, how and when to trade, how to invest in Forex, and more. In our updated FAQ section you will find detailed answers. 5th floor Global Capital Building, Triq Testaferrata Ta Xbiex, XBX 1403, Malta +4969 808 851 29 [email protected] FAQ Categories. Popular FAQs Opening an Account Demo Accounts ... Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. *Increasing leverage increases risk. GAIN Capital Group LLC (dba FOREX.com) 135 US Hwy 202/206 Bedminster NJ 07921, USA. GAIN ... Forex FAQ - Questions and Answers about Forex Market, Forex Charts, Forex Trading and Forex Brokerage
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