Oct
29
How much money you get by trading Forex?
Filed Under forexautomoney | 3 Comments
So..share your experience pls.
What was the first amount you started with…and how much you are getting today.
Thanks alot!
Rachel
Oct
26
what is the most important economic websites for stock & forex trading?
Filed Under forexautomoney | 3 Comments
The websites that their news affects on prices in stocks and forex.
name 2 or 3.
Kate
Oct
25
which forex trading software provide real time trading volume?
Filed Under forexautomoney | 1 Comment
Does any forex trading software or broker’s trading platform provide real time volume?
Morgan
Oct
22
What are your methods for capital preservation in forex trading ?
Filed Under forexautomoney | 4 Comments
Oct
15
For a forex trading beginner, can we just rely on a signal service ?
Filed Under forexautomoney | 7 Comments
Oct
8
Does anyone have any suggestions on a leverage limit?
Many FOREX brokers allow up to 200:1 leverage. My trading strategy is to take just very small gains (3 or 4 pips at a time) and set the stop losses way out there just to avoid a total wipeout. I never trade on Fridays either and of course close out before the market closes.
Because of the giant stop losses, I am only comfortable with around 20:1 leverage or maybe 30:1.
In other words, with a $500 margin account balance, I would only consider buying 0.1 lots of EURUSD (10,000) at a time; 0.2 lots with $700; 0.3 lots with $1100 and so on…
Does anyone out there use the same strategy as me and feel comfortable with higher leverage like 40:1, 50:1 or even higher?
Cameron