Recent content by TradeSelector

I admire your determination to succeed at trading and certainly wish you well, although not so much 'good luck'. In trading there is no such thing as luck, it all comes down to just one thing in the end: Controlling Your Risk. Thanks for sharing your story with everyone and be sure to keep us...

Hi ash2w. I don't know the system you mention, but I do know there are many chart analysis platforms out there which are vastly superior to Meta Trader. Check out Ninja Trader, Share Scope, Multi Charts and Trade Station for example. They are all highly accurate and advanced real time charting...

Yes that's very true. Trade management is in fact the primary reason I set up 90% of my trades using a trading system and let it take care of a lot of the calculations for me in terms of entries, exits, stop positioning, etc. Of course I still have to think pretty hard about certain situations...

Hi Echo13, How many trades a trader enters trades per day, per week, per month, or per year is entirely down to the individual trader. In fact it would be an extremely dangerous position to be in if you HAD to enter a minimal amount of trades day! The only issue you are likely to have around...

Hi Aspiring Trader, Unfortunately what you are experiencing is a natural part of using Spread Betting as your chosen method of trading. Rather than paying a standard broker a commission to trade, a spread betting broker wraps it's spread around the market price, and you will not be able to trade...

Overnight interest is only applicable to margin trading. Trading on margin means that a trader borrows money to buy or sell a market instrument using actual account value as collateral. Traders generally use margin to increase their purchasing power so that they can own more market instruments...

Hi Lara, Based on what you have said above there IS a company I would recommend to you. I don't think you'll get very far with MT5 - as from what I understand, the platform has got so many issues that it's yet to make it out of demonstration mode and certainly not suitable for live trading. I...