I usually subscribe to different forex signal providers (e.g instaforex) online who send forex signals directly to my MT4 platform and these signals are executed instantly on my MT4 account. The problem I have is that sometimes these signals may have very low or very high lot sizes which I do...
You can start with as little as $5 depending on your brokers minimum deposit. Make sure you have a system that allows you to trade cent account and with leverage atleast 1:500.
Good luck
[QUyOTE="cchong, post: 135951, member: 111185"]
Thanks very much for the kind and helpful comments. Keep up the good work then. Take care and God bless everyone:)
You are welcome.
I must also state that I have tried many other EAs and the life changer EA with proper semi auto management and...
I don't think that there is a one size fits all approach to this. It depends on a number of factors such as your trading strategy, how quickly you can learn and adapt your trading style, your level of patience and your trading expectations (target)...you can go pro within a month or never at all
Hi Robson,
Thanks for your insight into trading XAUUSD...could you shre abit more detail on the set file you are using, what time frame works best for you and whether you have tired these settings on any other pair.
Thanks in advance
Very interesting thoughts cchong...Indeed the JPY pairs are very volatile and usually lead to large draw-downs. If you trade JPY pairs then always make sure that you are glued to news releases and only trade when the markets are calm without any high impact news releases.
I have been using the life changer ea for a couple of months now and you should do the following to become profitable:
1. Take small but consistent profits
2. Don't be greedy and let losses run wit the hope of the tide turning in your favour (cut your losses early)
Good luck
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