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2

Noob: The difference in BALANCE and MARGIN

Hey guys im a little confused on the difference. If I went and opened an account with $500, is this my margin or balance

5

Margin in practice account changing

Hey guys im practicing in MT5 and at the bottom in the "TRADE" tab the margin keeps changing. BALANCE - EQUITY - MARGIN - FREE MARGIN - MARGIN LEVEL. Why is this changing? Could you also explain what free margin and margin level are

2

Pips or points?

when your looking at a chart in metatrader are the numbers on the far right, (the eur/usd 1.38884 in ex.) pips or points? There's 10 points to a pip right? So when I hold my crosshair and measure a short fall in the market and it says 907.....that means 907 points and 90ish pips correct

4

Bank Manipulation....What's your opinion?

Hey guys i'm new to forex but i've been studying strategies based of bank manipulation, that I found from a site called " Day Trading Forex Live". They talk about how you should trade along with the major banks strategy based upon the belief that it's their market and they control it. They also say

8

Massive Spread on MT5 demo account.

Hey guys I'm a noob to FX and downloaded MT5 to goof off with a demo account . After researching I hear other people and broker websites talking about spreads of 3. In MT5 on my demo account the spread is usually around 24. Is this correct or can I change it? Whats the point of a "demo" account if