Recent content by rayJ

Yes! Imagine a scenario where you have an open trade overnight and an important new occurs while you were sleeping or away from you computer. This news spikes the market in the opposite direction to your position and the market runs away against. How would you prevent your capital from being...

You can checkout Fxview. They are well regulated and the trading conditions are pretty solid. Commissions are just $2/100k RT.

Moving average crossover and Trend trading are really good ones among these 7 strategies.

Very nicely written. I think we can agree with all that's mentioned in the list.

@Noit Can opt for fxview, they are regulated plus only $5 to open with them

Hello Greg, seems like you have dabbled into trading before, how long have you been trading? And welcome to the forum

Agreeing with you on this :D

I think first point can be ignored if we focus on the other points which make up the first point.

Fxview would work out well for you. Minimum deposit is only $5, plus commission is $2/RT.

A secret to successful trading is discipline.

Yes agreed! It is very important to stay disciplined so as not to lose your emotions when you are trading, because the moment you make a mistake, you will be having hard time collecting back the losses you made.

Nice read. Thanks for this.

Not so sure about this, why dont you opt for some well known regulated forex brokers like fxview, xm or hotforex? My experience with them has been good til now.

I think this is already applied to pointer 1 in which that we should limit our losses. But yes, that is a good suggest. I think it is same as controlling your emotions to avoid from overtrading just because you got confident in trading.

I always liked the idea of having risk reward to be 2% as the most when it comes to trading. But thank you for sharing the this.