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Down street
Many beginners disregard money management as in instrument. They think: "I have a good strategy, so I'll risk 20 percent per trade. If I'm right - I'll win a lot. If I'm wrong, I'll blow up my account anyway." Why should you use money management? The simple answer: there are hundreds of things that
MT4 Publisher Passive mode?
Yesterday, I faced the problem. MetaTrader publisher didn't work regular mode. (Correct settings ). However, it started to work when I turned on passive mode. What is a passive mode? And What is the difference? Regards, Josef
Trader's Instinct! |Pros and Cons|
Have you ever taken the position against all your indicators, strategy and logic, just because you felt that it should work? And eventually it worked. And eventually your trade was closed with nice profit. Does it sound familiar to you? It can work in another direction. Perfect position was closed
Why do some brokers prohibit scalping? (conclusion)
Scalping is popular trading style. Traders love to scalp. Nevertheless, some brokers prohibit scalping or advertise " Scalping is allowed!" ( I have seen many banners on the forums). So what is the idea? Traders are making money with the scalping. Brokers don't like that. Where is the logic?! I came
Where can I get chart data for Crude Oil and Brent Oil?
30 minutes googling didn't help. So I need you, guys. Have you any idea? Where can I download or buy it? I don't need tick data. Four-hour data would be enough. Appreciated, Josef
Unheard cases of the Forex Market
There are two important rules of trading, you should try everything on a demo, before putting it live, or you should backtest it. Have you ever experienced something that wasn't working on a demo and despite the demo results, was working on the live account? Have you ever experienced Expert Advisor
Do you like the default MetaTrader 4 chart colors combination?
Almost all brokers use the same default settings. How come that combination of black, green and white is the best. Regards Josef P.s I prefer white background
US Forex brokers profitability report for Q2 2011
US Forex brokers profitability report for Q2 2011 | Forex Magnates According to this statistic being a Dealing desk broker is very profitable. Let's net traders' profit are equal to net loss. So we have 20-40% net broker's profit. Am I right? Regards Josef