Now I was checking spreads and watched 1,250 point spread for USDZAR and 800 for USDMXN.
Is it plain simple that I need to just dismiss these risky pairs? Is there some reason?
Now I was checking spreads and watched 1,250 point spread for USDZAR and 800 for USDMXN.
Is it plain simple that I need to just dismiss these risky pairs? Is there some reason?
I don't really find any issue with that. When a new trader sees there's room for more trades since he's using high leverage, he attempts to boost lot size for more profit, that is the point where the risk is. High leverage in itself isn't bad in anyway. High commerce volume is the issue.Originally Posted by ;
A tighter spread is obviously better ... disperse should be considered as a cost to your open and final from a transaction. Plus at that disperse you'd better have big take profits / stop losses. On the other hand when you have a egy which works with these pairs and takes the disperse into account then go to it ...
You do not need to download Mt4 trading platform, mostly brokers offer mt4 trading (few broker offers mt5 as well as others platform), therefore download your brokers platform (mt4). By the way, mt4 has become the most popular trading platform in Forex marketplace.
It depends on which trading methods you're using at this time , in case you currently doing scalping of course tighter spreads may causes a great trouble when using scalping. Because , success on scalping constantly is determined by most cheapest trading spreads.Originally Posted by ;
I agree, actually. My purpose was, higher leverage may be a double-edged blade if you choose precisely the kind of risks you are describing. Some people do that. What I meant was everything you said, '' I should have clarified, my apologies.Originally Posted by ;
Hello. What would happend with the price of, for example, EUR/USD if anybody buy 10Â 000Â 000 of EUR? I dont know how big the amount must be to affect the price. (You said newbie questions)
1. You have download MT out of your broker. Once you open your demo account normal broker provide a connection for MT4 with some broker's presetting.Originally Posted by ;
2. Correct, a Forex trading platform requires 24/7. You can use VPS for EA
3. Be mindful about little spreads ordinary it means commissions.