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determine position size. The most odious part of this regulation is that which we, the retail trader, do not see: paperwork for the broker. It may help to think of it in this way: "I am going forex retracement strategy long / going short on the asset known as USD/JPY and will be paid out in my base currency." Don't look at the pair you. What is a good site to both practice with real money and demo?
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/r/Forex recommends: m/ - Great for html5 browser based charting and alerts Books: *Japanese Candlestick Charting Techniques - Steve Nison (Price action, charting) *Trading for a Living - Alexander Elder (Psychology) *Trade Your Way to Financial Freedom - Van. Although they make an exchange at the settlement date they treat your position in your account as a virtual currency pair. Martingale is a great way. The odds are about the same (actually, your odds of hitting the Mega jackpot or the Powerball are probably better). The general rule is that you should risk 1-4 of your account on any given trade. Also, has different account types based upon trader's experience level and capital capacity ( m vs m ) introducing brokers FOR gain capital: - ThinkOrSwim / TD Ameritrade m Execution Type: Market Making / Dealing Desk operation. With a rebate IB and/or cTrader rather than MT4, you can get costs down a little further still. What IS money management? Pretty good for here in the US, the catch is 10 round trip commission per lot." international based traders european (EU) based traders: ON the European Securities and Markets Authority (esma) placed new restrictions on spot FX trading. Martingale works until it doesn't.
Unfortunately it would take a very long time to figure out whether or not what youre doing is successful on longer timeframes. Welcome to /r/EthTrader, a 100 community driven sub. You should definitely demo trade until you have mastered how to use the trading platform on desktop and mobile. Do not over think this: your account and all transactions will always result in payments/losses in your base currency.
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