Search results

Have a look at « Virtual Dealer Plug-In » if you never heard about broker manipulation. MT4 (and MT5 very likely too) can be easily manipulated, but others platforms might be manipulated too... At the end, it is more dependend on the broker than the platform. So choose your broker wisely.

I never have a goal. I enter when I see a good trade opportunity when I trade manually, and if there is none, there is none. Having a goal but a market you can’t trade will lead to overtrading too, for sure. And having a good and an exceptionnaly good market and you will miss good opportunity...

Having leverage is never bad. Taking too much risk because you have a high leverage and don’t know anything about risk management might however lead to blow your account. In other words : it’s not bad, doesn’t mean it should be used.

There is a diffirence between a crook and a mentor. A mentor is a winning trader, and a crook is going to tell you lies to get your money, so...

Of course I will continue trading as I am one the winner :) I’m still not rich, however, if I had worked at Mc Donald’s all the hour I spent on the forex, I would have won more I think (not 100% sure, maybe I won more trading, but not a lot). Now to be honest, things are starting getting...

I had the same problem. At the end, I send them multiple document with my address, most I expected to be refused (not a real address proof IMHO, but bank statement weren’t, and official papers from my countries weren’t, don’t ask why), however one was validated. If it’s really difficult, try...

Hello, I’m using the free trade copier from FX Blue : https://www.fxblue.com/appstore/2/mt4-personal-trade-copier It’s working very well :)

In Europe, Brokers need to publish the results. Between 70 and 85% (depending on the broker) account loose money. It’s even more for traders, as successfull traders open accounts at different brokerage companies, and they keep their account open for years, whereas loosers will not stay very...

« Just temporary profit, but nothing sure in medium-long period. » If you’re having « fun » with martingales and NY close scalper, I can understand her point of view. If you take time to understand trading and are fine with only +20-30% end of year, you will probably win in the long run. A...

Unworthy brokers might create artificials spikes to catch stop-losses. Really dishonnest ones might even completely manipulate their price feed. Also, there is a plugin called « virtual dealer » to delay trades and do other nasty things against the trader when opening/closing a trade. That’s why...

There are many indicators and strategies, but most of the time the classical indicators are sufficient (the one which come with our Technical Analysis software). In fact, most indicators are useless, and most strategies are failling (more or less). So... don’t bother with an indicator and start...

10% per month is more or less 300% per year. If you manage to keep long this long term, in a few years you’ll be the richest man or earth (hint : you won’t be able). Beginner’s luck or forgeting to speak about the bad month which sooner or later happen. If I want 10% per month, I’ll often have...

Do your own analysis before asking the question :) Anyway, with all these inflation I expect due to money printing to handle the covid, I guess the answer should be yes, for a long term trade. However, I prefer short term trading. So I trade gold short term (1-2 day trades or so) with a strong...

Hello is this the EA by Forex Automater ? If yes, don’t bother. Latest version is 6.0 and 6.1for MT5 and ... even in my backtests they loose money !