Recent content by hyper.trader

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    MT4 Is Terrible

    No, that is not the case, I trade CFDs, currencies and commodities on FinPro Station platform and my broker does not offer futures.
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    MT4 Is Terrible

    Hello, You can go ahead with other brokers providing the platform similar of trade station. I am currently using FinPro Station platform powered by actforex and its features are very similar and good as compared to Trade station. You can give a try to that. i hope it helps
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    Leverage and Margin question

    let me explain both the scenarios- in the first case if you have leverage of 100X and balance of $4000 and you opened 10 positions of 0.1 lot each in USD JPY, resulting in open position of 1 lot, the margin used is $1000 & for each position - $100. now if you positions start occuring the...
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    Trading within 2 secs

    Firstly that depends on your broker if it allows scalping or not and secondly it depends on scalping strategy which you are using for trading
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    When we can trade without stop loss?

    In my view, if you are a long term trader and have proper knowledge and understanding of the instrument you are trading in and you are confident of your prediction and analysis, then you can trade without stop loss as intraday volatility can easily trigger stop loss not placed too far.
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    Small Investment...

    I completely agree with downtrend here, small investments can be used for testing purpose and mastering your skills in trading. Once you feel comfortable and start making enough profits, going forward with the large amount should not be a problem
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    30% trading is gambling.

    With this saying that 90% of people lose money in forex, it can be indeed said that 30% of trading is gambling, in fact the percentage is higher than that. In order to make money, mostly people start trading without having adequate knowledge, skill and understanding of the forex market and as a...
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    Minimum investment

    a minimum investment of $500 seems fine which lets you trade in all instruments you want.
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    The GBP/USD, good technical round number levels

    Hi all, in my view, GBPUSD is seeing correction after its recent strength; however the broader trend remains bullish. As long as the currency pair trades above 1.245, I am positive on it, with immediate resistance level to watch is 1.267 and next resistance at 1.28
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