Oh yes, with cTrader, a lot of actions are possible even when the market is closed. By default, It also shows which market is open at any one time. Problem is, you will not find a lot of EAs and indicators available like those of MT4.
A lot of investors have lost a lot of money in Kenya as well. People want quick and extraordinary high returns and this is what scammers promise to offer. People will still invest even if something inside them says no. They still do it and lose.
I met a trader who has employed someone to babysit his trades. He places stop losses but not take profits. When he is away from the computer (he is busy), the trades caretaker closes trades once there they reach a certain price. The advantage he tries to gain is waiting for profits to run until...
Try this 50 pips a day forex strategy. It works very nicely in trending markets. Just look for a trending pair and apply the strategy. When one pair becomes choppy, look for another one. There will always be a trending pair on different timeframes.
I love cTrader because you can modify trade levels even when the market is closed. You can even delete or cancel pending orders. Once you save your profile on their servers, you can open your profile on other computers and your charts will look the same. How cool is that?
My robots had opportunities to open several trades on Monday market open but they failed. On checking the journal, it stated that the market was closed but it was open and that's how the robot identified trades and prices were moving. They would have been the most profitable this week. Does this...
I have traded manually for the last 3 years now. I make money but it's stressful. I doubt banks and successful hedge funds trade like this. I stand corrected. I think robot trading will be easier. I am testing several EAs. Please advise, which is the best way to do this? Anyone who can point us...
Some traders are too lucky based on where they trade from. We, in Kenya are among the luckiest. We have time to sleep. Frankfurt and London markets open at 10am and 11am Kenya time respectively. Newyork opens at 4pm Kenya time. Where do you trade from and what odd hours do you wake up to trade...
I happened to get into a discussion with a group of traders and this subject popped up. We didn't get into a conclusion on whether it's a science or an art. So, is it an art or a science and why?
Does anyone here use an EA that consistently returns at least 50% a month with acceptable drawdowns? Please share and if you have some proof, help us out.
Trading on Binary Options is legal but not regulated in most countries including the UK and USA. In the case of protection on your investment, you would be on your own. I would advise that you stay out of it unless you are so sure about what you are doing.