Types of Forex traders based on their risk management strategies
We can distinguish three different types of Forex traders based on their choice of Forex risk management strategies. They are classified as follows below1. A low risk Forex trading strategy: a type of trading where a low risk is taken
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29-06-2019, 01:28 PM #1
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01-07-2019, 09:36 PM #2
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Conversely, in a short trade profit or loss is calculated at the difference between the bid price at the time of entry, and ask at the time of exit. To do profitable trading I am using FXdirects broker. In a long trade on a currency pair, profit and loss are the difference between the ask price when the trade is entered and the bid price when the trade is exited.
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03-07-2019, 06:18 AM #3
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Before a trader can make decision of picking up a broker, he must attempt to make choice of regulated broker here. I am as a small scale trader I have been working with a credible, reliable and experienced broker ForexChief. It is ensuring me re-quote and slippage free timely trade executions, narrowest spread, moderate 1:400 leverage and complete security of capital here. I am also receiving full time expert support from this broker.
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10-07-2019, 03:59 AM #4
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I am happy with my broker. My broker is XeroMarkets. It is one of the best brokers for scalping. One reason is it gives ultra low spreads beginning from 0.0 pip. From the most punctual beginning stage of my trading calling I supported scalping as my trading system. I persevered through a ton with different brokers when I was endeavoring to do scalp. After each one of the fights with my advantage making I finally got my broker and I am particularly appreciative for the broker to be like this. I genuinely welcome them as their essential concern I adored is most decreased spreads in all genuine currency pairs.
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