Recent content by gabylicious

I think that is very important tip, and I haven’t seen it much in the forum, when you open a position you have to “maintain” it, if the trend is moving move the floor with it, that way you are gonna have more profit since you are gonna close higher than you entered

Can someone give me good explanation? What is the differences between marketmaker, ECN and dealing desk? Thanks! I think I know, but I wanna have it very clear.. Great forum here, I’ve seen very interesting topics discussed ;)

Definitely no US based, the NFA regulations are being harder and harder, the independent trader is gonna disappear for the US brokers, they don’t even allow scalping. My broker is a swiss broker, about to become a swiss bank.

When I was a newbie I had more troubles with rollover. Such a problem calculating them… if you are a newbie look for a broker that publish the overnight rates for each currency pair, mine does, but I think most brokers don’t so that is why I said look!!!

Men that is the hardest thing to do, but one of the most important, next to money management. My broker first told me that my biggest problem when trading would always be “ Not Acting on your plan” and they sure were right…

Well I think that when you are a more experience trader you understand better what are the risk worth taking, so you avoid many of the newbie mistakes, like holding too long a position during a news release

Broker ACM has a great news section at their website, it even has an economical calendar that you can subscribe to just by entering your email address.

For me the best tip I can give is to trade with money you can afford to lose, there is enough emotions during trading as to add the fact that you depend on it

They are the only broker to hat have a policy against slippage and they own their trading software, hardly any technical problems, not even when the market is moving fast