Reply With QuoteI trade using scalping strategy with Hotforex and I really like results, their tight spreads and execution make some latency risk-free trades possible.
Scalping strategy
Scalping is a short time trading strategy. Traders don’t need high time to analyze and execute the trade for this kind of trading strategy. Traders use low time frames like M1, M5 for scalping. It is the most popular trading strategy among new traders. However, the trader needs low spreads for this kind of strategy. That’s why my broker Eurotrader lowest spread on major currency pair.
I trade using scalping strategy with Hotforex and I really like results, their tight spreads and execution make some latency risk-free trades possible.
There are many reasons why people lose money ad fail to reach their goal. Actually, Forex trading is much fluent trading market but the broker is fact here. Without a good Forex broker leading a highly profitable trading is impossible. TP Global FX is a solid and best STP executing broker that offers- high trading leverage 1:500, narrow and tight trading spread from 0.01 pips, fast and error free trade execution, smart bridge of technology etc.
The best scalping strategy is trading bounces from key round levels it works especially good on Bitcoin. I trade this asset on Hotforex MT4 using CFD contract.Originally Posted by Giacinta loggia
Brokers are very important issues in trading. If the broker is not good, it is very difficult to make a profit in trading. The broker protects your investment. Brokers offer many types of benefits. So a good broker is very much needed to develop good skills in trading. Forex4you has made my trading life enjoyable with their blessing opportunities and their support is always active.
Scalping is a profitable short term strategy but it has risk also. Most traders do not get success in scalping. Scalping tends us to do more trading. As a result it creates undisciplined traders. After getting skilled you can do scalping. For scalping you need a good broker like Eurotrader that provides low spreads and instant trade execution. It also gives very low spreads as low as zero pip and up to 500:1 leverage which is good for scalping.
Trading securely is the best thing a Forex trader deserve from his broker. So, the major thing we the trader should check on our broker when selecting them for investing money is if they have trading license and regulations. Tpglobalfx trading broker is a well-known, licensed and secured brokers in the trade market and that is why I have been trading with them by the last three years comfortably and profitably.
Position sizing is important in forex trading. Traders need to set their trading position or lot according to their risk-taking. Sometimes traders increase their position if they are winning which is wrong. It may blow your whole capital. So, be careful. Don’t take so much risk which you cannot handle. I am trading with Forex4you. In their micro account, they allow a minimum of 0.01 lot to a maximum of 10 lot which is perfect for new traders.
Posting Permissions
Bookmarks