looking for risk free tools on forex

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JIANGZUOXIAN
17
JIANGZUOXIAN  
As far as I understand it is almost impossible to trade in the forex market and not to lose but if you use scalping with a short stop or arbitrage, then the risk can be reduced to almost 0.
whroeder1
17954
whroeder1  
  1. "Risk free" and Forex in the same sentence are contradictory. The risk can never be almost zero. You always pay the spread. The smaller the timeframe the larger the spread is (in percentage,) compared to your reward.
    • You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
    • Account Balance * percent/100 = RISK = OrderLots * (|OrderOpenPrice - OrderStopLoss| * DeltaPerLot + CommissionPerLot) (Note OOP-OSL includes the SPREAD, and DeltaPerLot is usually around $10/pip but it takes account of the exchange rates of the pair vs. your account currency.)
    • Do NOT use TickValue by itself - DeltaPerLot
    • You must normalize lots properly and check against min and max.
    • You must also check FreeMargin to avoid stop out
Waseem Raza
10141
Waseem Raza  
JIANGZUOXIAN:
As far as I understand it is almost impossible to trade in the forex market and not to lose but if you use scalping with a short stop or arbitrage, then the risk can be reduced to almost 0.

You plan for 3% growth per month then come back with you results , Problem is peoples wants more and before time all this creates problems.
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