Jay helping out newbies - Page 2
Page 2 of 508 FirstFirst 1234 ... LastLast
Results 11 to 20 of 78

Thread: Jay helping out newbies

  1. #11
    91212
    Quote Originally Posted by ;
    Where do you suggest I start? (For example, I don't know how to backtest any egies I develop)
    that I may be able to assist on this stage - MetaTrader 4 includes a tester that is OK and you can import information. This is link to thread on topic of information: https://forexintuitive.com/forex-tra...ng-levels.html. As stated, it is OK for time periods and / Take-Profit values, but has difficulties when these values are comparable to the magnitude of 1 minute pubs. The cause of this I guess is that it has minimal resolution of 1 minute and so can not tell for certain if the TP or SL would have been hit if both are triggered in a bar. It appears to attempt TP initially and so gives better results than reality when TP gets under about 15 pips.

    MetaTrader 5 is currently available, but last time I looked you could not import external information and so appears to ben't so popular - afterall a simulation is just as great as the information.

    You will find additional progr accessible and some return to tick amount, but I am not certain all are free.

    MetaTrader 4 uses a simplified psuedo'C' language, whilst version 5 is more'C '.

  2. #12
    91212
    Quote Originally Posted by ;
    https://forexintuitive.com/forex-tra...shell-sam.html describes a methodology that I like using.

    Slow stochastic is just another one too.
    Thanks, I'll look at this - hope you don't mind my earlier response to somebody else's question.

  3. #13
    Hi, jay walker, I wish to understand which type of analysis is profitable in the long run, I wish to exchange the news too, but the technical jargon and also not knowing how to filter out the paragraphs that are important from the reports issued by large men” for the news release. That imply that I must learn more about the economy and it's current shape etc, it's just overwhelmingly difficult to comprehend. Why is forex trading so hard?

  4. #14
    91212Jay I want your opinion.

    If you exchange daily and your transactions run for months sometimes, how do you handle the roster over fees?

    I don't trade more than a day since I had been told that by the end of the NY session there'll be daily roll over fees, and especially for weekends. All my rankings will be briefly closed and reopened according to my broker. However, hour item?

    Would appreciate your help Jay. Thanks for being there for noobs.

  5. #15
    91212
    Quote Originally Posted by ;
    Hello, jay walker, I wish to know which type of analysis is profitable in the long run, I want to trade the news also, but the specialized jargon and also not understanding how to filter out the sentences that are important in the reports issued by big men” for its news release. That imply that I must know more about the market and it's current shape , it's just difficult to comprehend. Why is forex trading so hard?
    I follow the news carefully since I am a news junkie but nevertheless base my entries/exits on technical analysis. There is lots of contradictory information in news because of what I perceive as a bias some news organizations possess. Take the auto bailout as an example. Some news organizations would argue for it and others.

    I really do take news into consideration. In case a Eurozone country creates an announcement that they for example, I will consider it. However, I prefer sticking with my chart.

  6. #16
    91212
    Quote Originally Posted by ;
    Jay I need your opinion.

    If you trade daily and your trades run for months at times, how can you manage the roster over fees?

    I never trade more than a day because I had been told that by the end of this NY session there will be daily roll over fees, and particularly for weekends. All of my rankings will be briefly closed and reopened according to my broker. But how about the 24/7 hour item?

    Would appreciate your help Jay. Thank you for being there for noobs.
    Frankly, I never considered this to be a problem.

    I don't know which broker you utilize but closing/reopening a commerce would only make sense if the rollover fees are greater than the spread.

  7. #17
    91212
    Quote Originally Posted by ;
    lt;/pgt;Kinda depends upon where you live. In Canada I had been told by Oanda to transport around $250,000.... I am still with Oanda from the way and I never revealed I had the $250,000. Their platform is stable.
    Oanda specifically told you that you needed $250,000 in your account? That's the first I hear about this.

    I am conscious that Oanda Canada has more rigorous demands but thats one that needs more exploring.

  8. #18
    91212
    Quote Originally Posted by ;
    Oanda specifically told you that you required $250,000 on your account? That's the first I hear of this.

    I'm conscious that Oanda Canada has more rigorous requirements but theres one which needs more investigating.
    Quote Originally Posted by ;
    To make certain you can cover any losses you might incur in your positions, OANDA requires sufficient security. This security is typically known as margin. Even though there is no minimum deposit required to open an fxTrade account the margin available on your account will limit the size of those positions you're able to open.
    Http://fxtrade.oanda.ca/help/policies/margin-rules

    There is not any mention of a $250,000 deposit necessity. Either it is a misunderstanding or a fantasy. Do you have?

  9. #19
    91212For individuals that are opening accounts with quantities of money, you want to read this. I expect that FF's admins will not mind me posting this and don't have any affiliation with the website.

    http://www.learntotradethemarket.com...t-successfully

  10. #20
    91212
    Quote Originally Posted by ;
    http://fxtrade.oanda.ca/help/policies/margin-rules

    There is no mention of a $250,000 deposit necessity. Either it's a myth or a mistake. Do you have any proof it is possible to submit backing up your claim?
    Hi all!
    Some provinces in Canada have their own security regulations, and they need for you to have large sum or worth more than one mio in order to be eligible for trade forex. Qualify Investor Probably this is what you are thinking about.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information