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radex78

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Everything posted by radex78

  1. MT4 still my favourite trading platform, I already use MT 4 terminal platform more than 8 years since knows about forex and still comfortable so far. Although now available MT5 terminal platform, but less interesting to use it, except it become compulasory because MT4 no longer available. FXOpen also offer TickTrader terminal platform designed for ECN broker which gives advantages possible get negative spread.
  2. FXOpen global broker get award by IAIF as best ECN broker beats many other broker provide analytics by expert on their blog daily. In fxopenforum dot com traders can share opinion and learn from fellow traders, take part in free contest and paid contest for prizes. Education material can be obtained from various resources.
  3. Traders need to control emotion included greedy in trading. Because almost traders already face bad experience when trading based on greed only will make disastrous account trading. Greedy maybe make your high dream can fly, but when you greed could possible make you drop in real life and very painful. During managed my account using FXOpen, I trying hard to avoid greedy.
  4. There are thousands broker out there, however not all broker is reliable, choosing the broker each trader maybe have own assesment included old broker. Besides it regulated broker also become another consideration, FXOpen broker regulated on three jurisdiction, UK, Australia and Europe.
  5. Mainly for scalping traders, choose low spread broker is important because gives more benefit in trading. for this case FXOpen broker offer zeros spread on ECN account even trader could get negative spread on pair like EURUSD, AUDUSD, USDCAD and more. When traders open new order and the spread in negative hence they will see the floating profit already running.
  6. I still use FXOpen broker which included the old broker and becomes best ECN broker by IAFT awards. FXOpen offer low spread from zero even negative spread on ECN account. Traders can use TickTrader terminal platform to trade using one account for multiple market like Crypto, forex, indices, stocks even ETF market.
  7. First time looking the broker, trader will make research and reason why they interest to choose the broker. Choosing old broker included one reason trader using the service because assumed old broker more reliable and safe, grateful I choose FXOpen so far still become legit broker.
  8. The most popular trading platform is MT4, and we can share screeshot the chart directly to MQL5.com, which here traders can finding hundreds even thousands signal provider with various account, however need subscription fee to copy trading. Besides using signal providers some investor like to invest in PAMM account, FXOpen provide PAMM trading service also.
  9. How to predict the market each trader maybe have different method, some traders maybe using technical trading tool indicator, some another maybe using chart pattern or candlestick pattern and use list object like as trendline to predict the price trend. Whatever method to predict the currency pair, risk management is very important to work in uncertainty market condition. Because you can't predict the price ahead precisely.
  10. There are thousands broker in forex world, I am choose FXOpen as the one good broker based my trading experience, they having low spread and all withdrawn smoothly tp processed. For long term business choosing reliable broker is important for sure.
  11. Regulation is one important thing when traders looking for broker, regulated broker in ASIC and FCA is top tier regulation agency, for long term business choose reliable and trusted broker and the best is important. FXOpen include broker regulated by FCA, ASIC and CySec.
  12. Emotion in trading has role for trader in making decisions. Control emotion is very important to avoid bad decision like as revenge to the market, over trading, greedy. Especially when trader faces to loss, they must accept the loss as part in trading activity. Here risk management also important besides money management trading. When newbie not yet ready start in real account they can take learn using demo ECN FXOpen broker to understand environment of the market forex
  13. Choosing low spread broker gives advantages to get low cost transaction, usually different pairs can different spread, like exotic pair charged high spread and not suitable for retail traders, in FXOpen broker the lowest spread in pair like as EURUSD, AUDUSD, I see on both pairs sometimes in negative spread, this gives advantage when get negative spread then order will face profit floating.
  14. Choosing low spread broker gives benefit for scalping traders, in FXOpen it is possible traders getting negative spread on certain pair like EURUSD or AUDUSD. Negative spread possible when traders open new order and get negative spread then will watch the order in profit floating, negative spread could reach -2
  15. BTC price drops to 16k price level and still possible to continuing drops, there are analyst said the possible BTC price landed at 10k level price, and on the cheaper price it is time to buy Bitcoin, however trader can catch bearish market to getting profit in CFD crypto with choose trading like BTCUSD, FXOpen also provide service for CFD crypto.
  16. There are so many trading tool in the platform trading, we take one or two indicator as help tool to making decision trading. Using so many indicator is not recommended because will face complex trading signal on each indicator will make confusing traders. In FXOpen account trading usually I use three indicator only.
  17. There are so many reason why traders fail, forex market prices itself move very dynamic, every tick price movement worth profit and risk, traders can't predict the price ahead precisely, using technical tool indicator and reading news is only the way to making approached to analyze the possible future trend market. However the mistake could come from own selves, greedy, over confidence, anxiety etc could impact to the end result.
  18. It is good to join in trading contest, for beginner better to choose free demo contest without any fee, for intermediate trader we can join in the contest real trading account, we can trade like as usual to making profit and having the chances to become winner and get prize. FXOpen also provide several types contest, free contest like hit the range, catch zeros spread Ticktrader terminal, for intermediate contest is competition 1 to 100, while professional trader contest is FTC 2022.
  19. There are so many beginner they rush and jump to real trading without proper preparation learn in demo account. The first step for beginner involved in forex business is learn basic then practice using demo account. All broker offer free demo account included in FXOpen broker provide demo ECN, simply to open new demo account we can start from MT4 trading platform. Click "File" then "Open an account" then choose demo server and furthermore.
  20. There are so many people offering easy money from trading, but actually this is not easy, how to become profitable traders need good knowledge and experience in trading. Choosing the broker for long term is important, I use FXOpen broker because the company regulated in top tier regulation agency and also offer low spread. There are free contest to join in community called "catch zeros spread contest season 2". The rules is simple, traders just need to capture screenshot zero spread on TickTrader terminal and shared on social network. The winner will be selected on the end period oc contest.
  21. There are so many reasons why traders loss, lack of knowledge is the main reason trader loss. However still so many factor as reason, greedy in trading, fear, over trading, emotion, fear of missing out, etc. How to manage money in uncertainty market need high patience and discipline trading.
  22. Just like in forex market, cryptocurrency market sometimes used by unresponsibility people to scammed, so when investor trying to investing in cryptocurrency also need to cross check the programe, many ponzi scheme using cryptocurrency as background. When you ready to tries CFD crypto, it is possible to make money for short term, however all need good knowledge to success. FXOpen provides CFD cryptocurrencies for their clients
  23. Gold price yesterday drops heavily after reached high 1669.42 based MT4 platform FXOpen, but then the price drops to low price at time writing the gold price at 1632. Tomorrow the market will focus on Non Farm Payrolls, using robot sometimes doesn't work when news high impact released, better turn on ea rather than in high risk.
  24. Market forex coming from collective traders and many market participant around the world from various background, Price currency pair always up and down based supply and demand in the market. Broker is bridge between the retail trader to interbank market, choosing the broker low spread like FXOpen gives benefit when get negative spread in pair like EURUSD, AUDUSD, etc, the spread could be -1.
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