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I would say use the signals. Because with the copy account they could have a bigger risk tolerance than you. Causing you to potentially blow or dent your account
doesn't crash, boom and step index require large amount of lot sizes to see a decent profit? or does it depend on something that I'm missing? :confused:
unless you have knowledge in python, c++ and c# coding languages then you better start there. My advice would be to go to a freelancer website and ask someone to code it for you. Just budget the price they charge(y)
It is very possible, its just that finding the credibility of real traders and millionaires is pretty low. So, it will take time, dedication and risk management
the danger of forex trading is that people want to rush. And thats what causes them to blow accounts. So use a demo account for as long as you feel. Remember these "big" instagram traders never show their losses :sneaky:
Yes i completely agree. Youtube is the best place to learn how to trade. And forums like these are the best place to get access to strategies, systems and EA's
1. It depends, for example if i'm trading m15-h1 chart i dont. But any time frames higher i use a SL
2. I use them to prevent further loss occuring when I dont have immediate access to charts
3. i risk a % of my account. I dont base my SL on the amount of pips
My advice would be to try and stay away from USD pairs. Because those are the ones that are the most manipulated by the "big banks". So try and find comfort in stocks, crypto, indices or commodities
I was scammed by a well known trader who put a bunch of peoples money into one big trading account then the profits where gonna be split. BUT when it came time to receive our share of the profits, he dissappeared
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