radex78

Today signal active USDJPY This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Demo account is for training and backtesting, newbie using demo account to learn trading and learn how to use platform trading itself, how to attached indicator on the chart, how to set pending order,etc. In demo account all service are free no charge, broker like FXOpen allows their clients open demo account for practice trading.

Money management has an important role in shaping profitable traders for the long term, this is like a key to survival in forex trading activity. Besides traders need good analysis, also they need good money management to implement plan trading, because they are not perfect, after making an analysis they realize could be the wrong analysis.

We can make money from forex trading but also possibly lose money in forex, and get inspired from famous traders in the world. they can make big money from currency trading like George Soros, if we want to become like them, sometimes we need to build a big dream and start with small step to walking and reach the goal.

Now FXOpen offer leverage until 1: 1000 only in the Ticktrader account, so this is a good opportunity for traders to start trading in ECN broker because the Ticktrader platform is designed for ECN broker and only opens one account trading we can trade in multiple CFD market, forex, crypto, stocks, indices, commodities, Trading with high leverage can boosting profit but the risk also significantly higher

It is not wrong to trade with different broker and tries trading platform to make a comparison, and eventually choose the one broker that suits your needs, I also try different broker and now only use FXOpen because this broker gives the best trading service

For beginner traders, the demo account is very useful for learning trading without any risk, you can trade demo ECN FXOpen using MT4 or MT5 or the Ticktrader platform to learn how to attach indicator and learn how to read indicator in the demo account to get understanding and experience backtesting indicators.

Demo trading benefits for newbie traders to learn trading without any risk, we can try many sorts of trading strategies from regular strategies to extreme strategies to find the best one that suits our style, or we can join demo contests for free with real prize cash, like Ticktrader challenge 2 which the prices up to $600 for winners, however trading in demo contest usually less good to improve money management because typically traders will use maximum size to pursuing big profit.

Choosing te broker is an important part of the long-term business because investor traders don't want to enter a scam broker, usually, traders will do research regarding the company before joining, with conducting deep research will minimize entering scam broker, however when we already find the best broker then reckless in investing, because typically trading forex is risky activity, we also need to obey the golden rules investing money in a high-risk business, just spend money that affords to lose.

A micro account is suitable for beginner to start trading with lower risk because the contract size in the micro account is lower than a standard account, FXOpen International also provide account trading for beginner in a micro account that is designed for newbie traders, traders can start using smallest lot size 0.01 micro lot, this is a good step for learning real account with low risk.

When we think not yet confident trading in a real account, we can trade in demo ECN FXOpen to practice trading without any risk, at present still running a contest free in the demo account Ticktrader with a total prize $600 at forex. game, if you want to join, the contest registration is still open until the contest ends 28 October

There are pros and cons to trading in the forex market, many traders choose forex as home based business because they don't need to hire an office room because traders can work from home, this of course it saves money because don't need transportation fees, and another fee, however the risk forex trading is losing money because can't work well in trading due lack of skill and knowledge, traders also need plan B because trading forex is risky.

Risk is part in forex trading that cannot be separated, so here impossible to eliminate the risk fully, however, we can control the risk by trading based money and risk management, here the popular feature that widely used among traders to manage the risk is stop loss order. With stop loss despite the trader leaving or turning off the trading platform, will protect from bigger losses when the trend is against position orders because the stop loss is already recorded in the broker. But if cut loss we only can do it when running platform trading.

Choosing the broker for beginners maybe cause difficulties and confusion in how to decide, but experienced traders who already trade in forex and use the broker when they gets satisfaction will continue using the broker, including me after choosing FXOpen, until still stick with trading using FXOpen, and I am glad because this company is very innovative, they now integrated with Tradingview, so we can trade using popular charting Tradingview, you can search FXOpen in the broker list there, and they also offer Ticktrader platform, maybe still a little familiar with this platform because including new platform for ECN broker.

All broker generally offers a demo account for their clients for free without any charge, because in demo account only use virtual money, and sometimes the broker held a demo contest with a prize, like as in Ticktrader challenge 2 contest in which the winner will get prize, despite the contest already running, but registration still open

Trading use ea has advantages and disadvantages, one advantage of using a robot is can work multiple order in one time, because robot trading work based programming machine, here manual trading can't do multiple order in one time, but the disadvantage of using a robot is the cost trading typically higher than manual trades, which minimum capital usually high, and to run robot all day long need hire VPS. Trading with FXOpen I like manual trading because easier to manage my risk level.

Indicators is like tool box to help traders make an analysis market, before using indicator we need to understand these indicator, what is indicator, how it work, how to use them, function features, etc, so traders can use indicator and benefits from it, and understand types indicator also important whether indicator including lagging indicator or leading indicator.

How to safe trading is one way traders must be wise when choosing leverage, despite the broker offering high leverage, for safe trading, we can set low leverage to prevent margin calls not all funds are lost but still leave some bucks, In Ticktrader account FXOpen I hear the maximum leverage increased to 1:1000.

Mastered scalping needs high discipline to works, because lack in experience trading, scalping can make high emotion pressure when traders directlty faced the chart price that always up and down very dynamic, scalping good by choose low spread broker and trading pairs, I like trade major pair like EURUSD, GBPUSD or AUDUSD for scalping in Ticktrader FXOpen

Yes of course,. FXOpen regulated in three jurisdiction in UK, AU, and EU. this company registered in FCA, ASIC and Cysec, Here the detail FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission. FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871 – ABN 61 143 678 719. FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202. FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. If you still newbie in trading can join free in new contest Ticktrader challenge 2 to compete with others to win prize.

Friday in first week at beginning month, the news high impact NFP is including news high impact that many traders around the world pay attention to the news relieses, often when the news has been releases the currency pairs being highly volatile and large pips movement may occurs, the potential profit is rises and also potential loses. So keep trading with proper plan.

Trading with a broker that has good trading conditions indeed helps us to relax in trading and not get much tension. Typically trading in ECN broker has a good trading condition with tight spread and ultra-fast execution with no requote problem. There are so many instrument trading available for CFD forex, stocks, indices commodities we can browse to find the best one aiming to make an easy profit.

Investing forex is now available for retail investors, because brokers offer a minimum deposit is low. In FXOpen we can start trading with only $10 and choose an STP account, but beginners can use a micro account for lower-risk trading. The most important in forex business is skill trading to be profitable traders.

Scalping is short term trading, with scalping we can set many times order in a day market, choosing low spread broker like FXOpen allows scalping with ultra fast execution order in milisecond gives benefit for scalpers.