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dante

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  1. Most of the new traders want to make quick money. that's why, they close their trade with very short. Even, I see they don’t know the same of their trading style. By the way, still I love scalping because of low risk percentage form long term trading. I do not get any kind of restriction from Tickmill broker but their low trading spreads inspire me for applying my scalping trading method. Anybody willing to survive in this business must always take money management into consideration when doing this business, though it will require time and patient but the truth is that it will surely pay off and yield good profit as well.
  2. Forex is an investment program, everything depend on you plan. If your investment plan is little then you need to study, analysis which is really very difficult and if your investment plan is big then you don't need to any analysis. so if we called job forex trade then its over all better job but difficult. Anybody willing to survive in this business must always take money management into consideration when doing this business,the good thing about proper money manage is that even if our entry is wrong we are still gonna end up making something from the market,though it will require time and patient but the truth is that it will surely pay off and yield good profit as well.simply stop taking too much risk and follow the money management rules. here's my trading setup while trading with my Tickmill account, 2% risk per trade, due their high leverage 1:500, with 500 ECN account for 2% risk, I only risk 10 USD, means at 0.01 lot size my stop loss are 100 pips! that's truly stress free trading setup.
  3. most deposit bonus works as the account reach the stop out level, the bonus is automatically removed and declared void. Stop out is calculated on deposited funds only. The Client bears all responsibility of managing the appropriate margin of his/her account. but thankfully my current 15% bonus from tickmill are added to stop-out calculation, it's a real bonus act like normal deposit amount.
  4. learning to deal with the common trading psychological pitfalls such as fear and greed are very important, the real key to trading success is learning to be comfortable with uncertainty. No matter how great any trade or setup may look, a trader must learn to accept that every outcome is uncertain.professional Forex traders have worked out and conquered by learning how to trade with and not trying to fight or control.By the way, still I love scalping because of low risk percentage form long term trading. I do not get any kind of restriction from Tickmill broker but their low trading spreads inspire me for applying my scalping trading method. Anybody willing to survive in this business must always take money management into consideration when doing this business, though it will require time and patient but the truth is that it will surely pay off and yield good profit as well.
  5. if you dont have any chance to try with them, read their trading condition would be enough. just do some check with this 0 spread offering, seem i would make it pass, there's no logic reason for me to shift from my current broker Tickmill. here's what your (as low as ) zero spread offer : Commission: USD: $4 per 100,000 traded ($8 round-turn) on Majors, USD: $6 per 100,000 traded ($12 round-turn) on Others, while with Tickmill they also provide flexibility in trading conditions, they’ve discounted me 10 cents per side on their commission account (so now I get 3.8 $ round-turn, instead of 4 $) just because of my passionate trading (over 150 trades monthly) with deposit over 10K. i dont get it why claiming to offer as "zero" spread while in fact it cost 2 times higher than my current account :)
  6. no such profitable EA would free for share, they will surely use it for private only. as commercial EA, it sound ridicilous for selling a profitable system, why dont they just use by themselves instead selling it at cheap bucks.let's keep straight and honest,there's no holy grail we can buy, unless we made one. I've been try many brokers before i realize my EA quite sensitive and require a narrow spread, low cost transaction, and decent execution process. i fully aware this are not an easy task to find such brokers, but my last discovery with tickmill trading condition given an expected trading performance, due their low spread, fast execution at their ecn account enviroment, resulted 9% drawdown for total gain are 28 % at over 1600 trades been made.
  7. it;s better when use their exchange account type. but actually tickmill offer up to 1:500 leverage, but it's all depend individual traders. but make sure has more amount since lower leverage demand higher margin trade. did you having to use sort of profitable strategies, or perhaps an EA ?
  8. before start and pick up your desired trading style, better consider how much it cost, what benefit and what the risk. spread mean you transaction cost, which means spread does matter with any trading system, especially scalping. scalping may seem like a derogatory term, it is quite normal in reference to the Forex markets. This action is involved with the rapid buying and selling of a position of currency pairs. for such trading purpose I use Tickmill ECN account. this company was armada markets backthen its reputation is perhaps one of the most important benefits that scalpers can enjoy.
  9. Traders fixed their earning pips daily according to their trading experience. As a newcomer, I have to depend on my scalping strategy. So, my daily target only 20 pips with profit. And, I always use this short time trading policy in my trading platform. Due to getting very only one pip trading spread I have chosen ECN Tickmill trading account which always make sure best trading environment for scalping. so, in a short time by using short time trading strategy I am able to earn my daily pips that I selected in order to my trading capability.
  10. Successful traders know there are no guarantees in trading. That’s a key principle we as traders need to build our trading mindset around. Defining your Forex trade’s risk is only a small part of a good solid money management plan. for automatic version I use stop order type for my price action system, pair traded EURUSD, USDPY and AUDUSD. after research and use many brokerage service i realize my EA can be very profitable if spreads are tight, commission low (in the case of an ECN), and latency is very low. Tickmill satisfies all of these requirements and for last 6 months over 1400 trades executed, at 60% profitability, with Drawdown: 9%. and total gain +25%. my only concer is to keep the drawdown at it best, low as possible, and I think it could be done with decent trading condition.
  11. forex education are the very first thing to consider, traders should start learning from the very beginning. forex knowledge contain of wide range education material, it's not something can be done in one single months.t is important to realize that only a well educated trader are able to gain successful result. I start my learning with babypips, and based on senior trader suggestion I start my account at amount 100 USD at tickmill classic account, as for now I keep sharpen my trading strategy with their ECN account at 300 USD. with low deposit I able to gain good trading condition to support my monthly gain.
  12. each brokerage companies had various way to put more value with their precious clients. bonuses are one of common thing given. I also had bonus offering from my current brokers Tickmill, up to 15% deposit bonus, 1500 USD withdrawable bonus. and it's also added to margin calculation, which means it's had same functional as normal deposit amount. I still use risk 2% per trade, With a series of 5 losing trades. I'd only lose 10% of my capital, Which is not to bad. and with additional 15% bonus from deposit bonus got from Tickmill upon my account, these an extra advantage for my equity balance.
  13. traders who have discipline and maximum trading capacity will greatly help the development of their careers in the forex business.through it will require time and patient but the truth is that it will surely pay off and yield good profit as well. of course, account conditions and order execution is crucial also. I currently trade with a broker that uses ECN technology that reduces latency and the execution is super fast. As well, they have specific Liquidity providers who can handle price action strategies as well as very good conditions (EURUSD 0.2 -0.5). I know these brokers are limited, and you won't find them among the biggest brokers lists as 99% of them are alleged market makers. You'll have to work a little harder and dig a little deeper as I did to find Tickmill.
  14. ECN brokers get pricing feeds from multiple institutional market participants and display the best quote on their trading platform. With quotes flowing in from numerous institutional sources, spreads on the bid and ask can get extremely tight and can even reach zero. start with ECN type account would be better option for any rookie traders. Open a demo account, and trade it much longer than you think you need to: I would suggest at least six months, there is still huge value in trading a demo account for the purpose you seek. I would even advise keeping it and using it after you've opened a live account, as your learning will not stop then. i keep use my tickmill trading platform for live account purpose, and also for trading strategies enhancement process.
  15. take seriuosly fx trading, and let finish with your learning before start with your first quest with 'real' training. no need to worries for margin requirement, many brokers offer average low deposit minimum, and for commision and fees, i would suggest to start with ecn type brokers, any of them would be good, most of ecn offers low spread, at low commision cost, overal still much cheaper than fixed one.With quotes flowing in from numerous institutional sources, spreads on the bid and ask can get extremely tight and can even reach zero. ECN broker simply provides the trader with a trading platform and then acts as a middle man between the buyers and the sellers.I prefer to use ECN brokers, been years using Tickmill, one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when I decide to choose the right broker for scalping.

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