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John Vaughan

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About John Vaughan

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    New Money Maker
  1. Hkq
  2. Demo account is vital for new traders. Opening a demo account is extremely easy. But you require a regular broker whose demo price is especially organized with live market. I started my trading with FXPM in their demo platform which works exceptionally well and synchronized to the live market prices. By then I moved myself to their live account.
  3. My first recommendation is focus on skills. If you have skills you can make money. Try to know what you are doing. Another recommendation is trade with a good broker like FXPM where you will get advanced educational resources and personal account manager to support you.
  4. Yes, forex market is the money exchange place. Currency of different countries are traded here in pair. So it's all about money. We get profit or loss by the fluctuations. I am trading with FXPM where I get assistence by a personal account manager. He is very knowledgeable and helpful.
  5. It is not that everyone will feel comfortable with trading. Trading is a mind game. Not everyone can handle it. He may be good it anything else. So we should work that suits our psychology. If you think trading is not for you, do not do it. I am trading with FXPM where I get personal support by a personal account manager.
  6. Rather than being fearful of losing your money when trading, grasp the control you have on each trade; a trader has finish control over the risk management of each trade by means of stop losses and position sizing. I am trading with FXPM where get to learn a lot about trading from their advanced educational resources.
  7. I have chosen FXPM. It is a good broker which is regulated and gives security of your capital. It gives low spreads, quick execution of trade, moment deposit and withdrawal, great instructive assets, and individual care.
  8. Scalping is a good trading strategy. But new traders should not do scalping. Scalping tends people to do over trade. Once you are expert with controlling your emotions in trading, you can do scalping also. I do sometimes scalping with FXPM as they have very tight spreads.
  9. My broker is FXPM which is a global and trusted broker. It is a decent broker which is regulated and gives security of your capital. It gives low spreads, quick execution of trade, moment deposit and withdrawal, great instructive assets, and individual care.
  10. All currency trading is done in pairs like EURUSD and USDJPY. You can profit by doing trade on the web. For that you require an online dependable broker. I am trading forex at FXPM. I appreciate their advanced instructive materials and personal support.
  11. High leverage can cause you remarkable losses if you don't use proper risk managing policy. I have seen many traders to lose their account as a result of unprotected trading approach with high leverage. High leverage engages us to make immense trades yet it harms us in reverse way when we lose our trade. I am utilizing 300:1 leverage however my broker FXPM gives up to 500:1 leverage.
  12. Yes practice makes a man perfect. But for practice in forex you need knowledge. You have to study a lot to understand the market. Applying knowledge is the practice. For Knowledge you need good study materials. In FXPM you will get advanced educational resources in their Advanced Educational Academy.
  13. An automated trading system (ATS) is a computer program that makes orders and consequently submits them to a market center or exchange. The program will naturally create orders in view of predefined set of guidelines utilizing a trading system which is frequently in view of technical analysis but can also be founded on input from other electronic sources. I trade forex physically at FXPM. I like their platform as it doesn't requote while putting a market request.
  14. Yes your broker choice could be turn into a worst thing. A bad broker can be your nightmare. They don't respond to your queries on time. For smooth trading you need a good broker like FXPM. It gives excellent support to its clients by assigning a personal account manager.
  15. Forex trading can make you frustrated, when you continue working for quite a while with no positive outcome. Sometimes broker makes us disappointed by giving wider spreads and slippage. I used to feel most irritated when my previous broker platform used to give reqoute while placing a market order. But now I am doing awesome with FXPM broker. I am now content with their spreads, trading environment and instant execution.
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