Recent content by Lenox12

If you can find a broker that gives you good spreads when there is a news announcement and price spike then this could be possible. But VERY VERY risky and I have not found a broker yet that keeps spreads below 8+ pips when the news comes out

I totally agree with Jason19. Start with as small amount as possible. Most new traders lose all of their first deposit so you might as well make it a small one! Ideally you should use demo account until you are SURE that you can make profit

I would like to add that there is one big advantage to trading stocks over FX pairs. When trading a pair like EURUSD you are predicting whether the price of Euro will stengthen / weaken RELATIVE TO USD. This means that you need to know what EURO will do AND USD. This can make things very...

Anyone tried this before?

Yeah, I was like that once. I wanted to trade all the time. If I wasn't in a trade then it felt like I didn't know what I was doing. But after a few years I've learnt that the opposite is true. Knowing when not to trade is as important as knowing when to trade

This sounds like a total scam. Do you have any verified account info like a myfxbook account etc? You need to really back this up with independent verification. If its true that is awesome but if not FPA is not the place for you

This sounds really interesting but is it safe? I have never heard of this kind of service before. How many brokers can you do this with?

I agree with dianajs . Going back to demo is a great way to get your head back in shape. I was trading too much on a live account and then went back to demo and decided that only the best of the best trades I would take on a live account. This really helped me.

I don't know of a desktop toolbar but if youopen myfxbook and login there is an alert sound and pop up on the website when there us a news announcment. That might be helpful to you