Recent content by LennyShort

I agree with most traders that EUR/USD is the best choice for the majority of traders when trying to play it safe.

I've had accounts with both FP Markets and ICM, they both have very similar spreads. However FP Markets have lower commission charges, they charge $3 per lot where as IC charges $3.5 The main reason is the cutomer service is why I decided to stick with FP Markets, IC support is a nightmare to...

If you want to trade with mini account you can trade with FP Markets. Trade on consistently tighter spreads from 0.0 pips and ultra-fast execution under 40 milliseconds^

Most people prefer FP Markets, cause they provide lower spreads and no withdrawal commission.

I trade from Italy with an ASIC regulated broker - FP Markets - who provides ECN pricing, and a maximum leverage of 1:500. I don't recommend this broker just because they offer high leverage, of course, there are many reasons why traders should give it a try, like great execution, low spreads...

Have you found what you were looking for? I trade from Italy with an ASIC regulated broker - FP Markets - and the maximum leverage they offer me is 1:500. I don't recommend this broker just because they offer high leverage, of course, there are many reasons why traders should give it a try...

Start demo trading and evaluate your performance after every month. Most probably you will lose 2/3 demo accounts in the first month. Do not fool yourself by saying that I was not serious or I could have done this or that. Until you don’t make money consistently on a demo account, you will not...

As with any trading instrument, there is no single “best” way to trade gold. Many traders from other markets have found that the technical trading strategies they employ on other instruments can easily be adapted to the gold market, especially given gold’s tendency to form durable trends. For...

No Money Management = No Money How you manage your risk is likely the #1 factor in money management. This is the part most traders get horribly wrong. Bad Forex risk management can and will put you in a hole you will never recover from. All that time spent learning and developing strategies...

You should not trade small real money accounts. Almost nobody has a few hundred thousand dollars lying around to trade, but this is about what you will need to trade for a living with nothing but your very own trading capital.