suppose i am in long with eur usd at 1.2450 my stop loss is 1.2400. but after weekly off day, market opened at 1.2380. then what will be my trades condition
Skill is the most important thing to have to make money from forex market. You can earn in several ways but you need skill for this. You have to spend time at charts not to make money but to learn how to make money
Could someone please give me a quick, simple explanation (no lengthy outside links please!) on how lot sizes work? I always seem to get myself confused every time I want to trade, and the lot sizing concept actually discouraged me to get my feet wet
we can get a good strategy from this forum or create our own strategy that is suitable for us to trades and for that we must have a good knowledge and a good experience first
I've read a few articles that say "real traders never trade more than 1% of their equity" so if this is true and I have £500 equity in my account. The biggest lot size I should be taking is 5
Forex is the most profitable trade and there has no other trade which can provide more profit then forex but for making profit we have to take any risk and for overcome that risk we have to gain trading skills and have to learn more about forex
yes we can change our future by trading in forex. Forex is the most profitable trade and there has no other trade which can provide more profit then forex but for making profit we have to take any risk and for overcome that risk we have to gain
I'm new here and please pardon me if this question was ask already but I want to know how I can set two profit targets in my trade. I'm using mt4 as my trade platform and my broker is GFT. Basically, I want to set my first profit target to close half
