Trading Forex is so common now days. A lot of people have tried it, most of them quit, some of them still going and a lot more people will try it in the nearest feature. This community aims to help each other not to be fooled by forex companies 'gurus'. Lets share and discuss Trading ideas, educational material, tools, etc.
Complete Currency Trader is the brainchild of James Edward, founder & CEO. It uses a system that professional traders use. Most courses analyse currency pairs but CCT examines the forex marketplace as a whole and matches strong currencies against weak currencies.
Hello guys, I am just starting in Forex, and I suck at maths and well.. I need your help to understand things better. I have an account of 100$ for starter, and i'm running an EA that is most likely a scam but well, it works until i understand things, i'm trying to figure out the lot sizes, like I tried 0.08 and I got cents in return which is terrible, and it doesn't trade much like barely one trade a night or nothing at all, i'm not sure how to raise my trading and profit but still stay on the safe side. I have 2 options in the EA: Lot size, and LotsRiskReductor, I'm not sure what to fill out in there, all the formulas just dont seem to get in my head. So I'd appreciate it if anyone of you can help me understand how all the formulas work to know which lot size I can use and what my profit is going to be if I used xx lot size. Thanks.
It looks like some forex brokers have been offering micro lots (1/100th of a standard forex lot) for a while now. Is anyone aware of platforms that allow trading of small/fractional options contracts? It strikes me this could be a good compromise between paper trading (no skin in the game) & trading traditional 100 share lots (more skin than is comfortable) for newbie traders...
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Forex trader looking to start trading Crytpo as well (help with brokers and lot sizes?)
Hey there -- I'm no stranger to trading. I trade Forex and Futures. I'm also not a complete newb to cryptocurrency in general, but I am when it comes to actively trading it. To me, it just seems like Forex but with crypto and I'd really like to start building up my crypto holdings by "trading up" my account rather than solely just converting cash into crypto over time. What is confusing me a little bit is lot sizing, leverage, and the right brokers to use. I was eyeing CryptoAltum if anybody has experience with that? Although I'd prefer something I can trade with Tradingview (my preferred charting / execution platform). Aslo -- lot sizing. With Forex it's pretty simple... 1,000 = micro-lot (approx. 10 cents per pip value on majors) 10,000 = mini-lot (approx $1 per pip value on majors) 100,000 = standard lot (approx $10 per pip value on majors). But how is lot sizing determined with Crypto pairs? I'm interested in trading crypto-against-crypto (for example LTC/BTC). Is there an online calculator somewhere where I can easily determine the value per pip (or "tick"?) based on leverage and lot size? Sorry if this has been answered a bazillion times.
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Swift glance at what separates a good indecision breakout opportunity from a bad one. When you apply this Forex strategy – just remember you will see a lot of Dojis printed, but only a small selection of them will be good trading opportunities.
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As mentioned above, a micro lot is 0.01 of a standard lot size. Taking this into account, where a standard lot on any of the forex currency pairs would cost $100,000 to trade with 1:1 leverage, a micro lot would cost $1,000 with the same leverage. These types of lots are pretty much offered by every forex broker nowadays. Then you have Micro ... In the context of forex trading, a lot refers to a batch of currency the trader controls. The lot size is variable. Typical designations for lot size include standard lots, mini lots, and micro lots. It is important to note that the lot size directly impacts and indicates the amount of risk you're taking. A Forex lot refers to the amount or quantity you are looking to buy or sell of a particular Forex pair. There are different lot quantities and in this guide we look at the different lot amounts and how to use them to make trades. What is a Standard, Mini, Micro, and Nano Lot? The commonly used lot amounts you will need to know are; Forex Lot Types Explained. In the simplest of forms, the forex lot as you know it in forex trading, is simply a measurement of currency units and a way of determining how many currency units are required for a trade. Forex lots and the terminology around lot trading is widely used still among almost all of the top trading brokers in the sector. Forex is commonly traded in specific amounts called lots, or basically the number of currency units you will buy or sell.. The standard size for a lot is 100,000 units of currency, and now, there are also mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units.
Forex Basics - Lot Sizes, Risk vs. Reward, Counting Pips ...
Glad this video helped, no more products for sale no more courses either, study the videos they will teach you everything you need to become a 6 and 7 figure... Glad this video helped, no more products for sale no more courses either, study the videos they will teach you everything you need to become a 6 and 7 figure... Learn our Winning Forex Strategy - Start trading with 90% - 95% accuracy https://www.theforexhelper.com/easy-forex Join our Whatsapp Group: 📞📲 +1 424 244 966... Everything you need to know about lotsize, leverage and margin. If you want to learn more, download my free trading system plus much more, visit: https://www... This video will explain in detail THE SIMPLE WAY to convert Lot Sizes, how Risk vs. Reward works, and also how to count Pips. These are the fundamentals of t...