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20 Trades Exercise Replied 1 hour ago - You don't need to do anything. You will get access to a trading platform but without the charts. You will get to to see open \trades, modify trades but biggest thing it will have a loss limit on top you cant place any trade once the loss limit is hit for that day.In the back end it will place real orders using API into a real MT4 trading account. As Mark Douglas said you will develop a probabilistic thinking attitude once you finish the run. Your mind will be wired differently. I will share the link to the platform soon. Please describe your trading strategy in the mean time.
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I am still not profitable & I wonder why! Replied 2 hours ago - Please post your 1 month trading statement so we can critique and explain the reason. You can hide your account number and order ids to ensure privacy. I believe most trading statements can immediately show the reason for failure.
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My definition of a sell limit order used in forex trading Replied 2 hours ago - Advantages of Sell Limit Orders Better pricing No need to watch charts constantly Reduced emotional trading Aligns with professional execution style Disadvantages Price may not reach your level You might miss trades Requires patience and discipline
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I was up $2,000 but didnt take profit, and now my stop loss has been hit Replied 2 hours ago - I get you now. Thank you for this exposition.
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NAS100 Strategies Replied 3 hours ago - Price broke out of the upper 15-minute range and reversed back into it leaving a reversal pattern in its trail. I have thus taken a sell trade with SL above the reversal pattern
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I have funds in my account but I still can't place a trade Replied 3 hours ago - the “insufficient funds” message is a direct result of inadequate margin relative to the size of the position you attempted to open. While leverage reduces the capital needed to control large positions, it does not eliminate the need for sufficient margin. For traders with very small accounts, it is often more practical to trade lower-margin instruments such as major forex pairs or to use account types designed for small balances, such as cent accounts. Understanding these mechanics is essential, as it helps traders avoid unnecessary frustration and approach the market with a more realistic and sustainable strategy.
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NAS100 Replied 4 hours ago - This is the progress of the trade. It has done 1:1r but i wasn’t on the chart to close and i didn’t set my take profit limit. I will be monitoring it closely.
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EUR/USD Beginner Level trading Replied 4 hours ago - Got stopped out of the first buy trades (blue circle) I took during Pre-frankfurt. I got back in for another set of buy trades (black circle) during London those trades ended in a break even. The reason for both buy trades was because price was reversing back into the Asian range after breaking out, creating a buy opportunity. Overall I am down around 30 pips today thanks to the first trades where I got stopped out.
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closed my buy trade before news was released only for price to skyrocket Replied 6 hours ago - Sincerely you did the right thing cos no one can precisely predict the direction of the market during the news. It’s always better to preserve what the market has given you and wait for another opportunity to present itself. There are numerous opportunities in the market.
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GOLD/USD Replied 6 hours ago - This buy signal had no follow through and is invalidated because price has closed below it.
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⚖️Is Forex Trading in UK Legal? Yes
⚖️Forex Trading Regulator Financial Conduct Authority (FCA) UK
📅 Date Established 2013
Investor Protection Financial Services Compensation Scheme (FSCS) up to 85,000 GBP
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What is Forex Trading & How Does it Work in the UK?

Forex Trading is when you try to make profit from predicting if the exchange rate of a currency will rise against another currency.

To trade forex you pair two currencies together (example GBP/USD) & if you think the exchange rate of the pair will rise, you place a buy order for a specific quantity, to profit if you are right.

On the flip side if you think the exchange rate will fall, you place a sell order to benefit from the fall.

To be able to trade forex in the UK, you need to use the services of a forex broker whose function is to provide you the trading software, liquidity & enabling environment needed to trade.

Forex trading in the UK is totally legit & is regulated by the Financial Conduct Authority (FCA) UK.

If you trade with an FCA licensed broker you are eligible for compensation up to 85,000 GBP if you suffer pecuniary losses due to broker bankruptcy etc.