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trading with a higher leverage in cfd means? Replied 3 weeks ago - Trading CFDs (Contracts for Difference) with higher leverage can be tempting because it allows you to control a larger position with a smaller amount of capital. But it comes with significant implications—both opportunities and risks: 1. Amplified Profits Upside: High leverage magnifies gains. For example, with 10:1 leverage, a 1% move in the underlying asset results in a 10% gain on your invested capital. Risk: This same magnification works in reverse for losses. 2. Amplified Losses Downside: A small unfavorable move can quickly wipe out your margin. Using 10:1 leverage, a 10% drop in the underlying asset could mean a 100% loss of your invested margin. Margin Calls & Liquidation: Brokers may automatically close your position if losses exceed your margin (this is called a margin call or liquidation), sometimes even before you can react.
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what do the 1% successful traders do differently from the 99% unsuccessful ones? Replied 3 weeks ago - They Treat Trading Like a Business, Not a Game 1% traders: Have a trading plan, goals, rules, and routines Track performance like a business tracks profits and losses Understand that losses are a cost of doing business
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does Trading 212 require same minimum deposit for investors & traders? Replied 3 weeks ago - 1.Invest / Stocks Account (for long-term investing) You can start with as little as €1 / £1 / $1. This account is used for buying and holding real stocks and ETFs. 2.CFD / Trading Account (forex, commodities, indices, leveraged products) The minimum deposit is higher, commonly around €10 / £10 / $10 (or equivalent). This account type is used by traders, especially if you want to trade forex, CFDs, crypto, etc.
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is ftmo on tradingview? Replied 3 weeks ago - No — FTMO is not a broker, so it does not appear as a TradingView broker feed. FTMO is a proprietary trading firm, not a chart/data provider or broker you can connect to directly in TradingView.
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MT5 Replied 3 weeks ago - You can download from either of the two.
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How do Forex Brokers Make Money? Replied 3 weeks ago - 3. Swap Fees (Rollover/Overnight Interest) Every currency has an interest rate. When you buy one currency and sell another, you pay or earn the difference. Brokers make money when: They increase the swap rate slightly They charge swap on both sides depending on the trade They receive swap from LPs and pass modified rates to retail clients Swap depends on: Central bank rates (Fed, ECB, BOE, BOJ) Long vs short positions Broker-specific markup Some brokers offer swap-free (Islamic) accounts and instead charge: A small fixed daily fee A higher spread Higher commissions Which still produces revenue for the broker.
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Leverage Replied 3 weeks ago - High leverage has a bad side too, it encourages you to be reckless (i gives you false confidence). It encourages you to pursue losses because even after sustaining a big loss, the broker will still allow you to enter the market again knowing fully well, that if your trade should enter a loss, there will be no extra money left in your account to cover the loss leading to your trade being closed.
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Trading pairs Replied 3 weeks ago - Another reason why beginners should stick to major fx pairs is because there is more information out there about the factors that move these pairs. Everytime you look at the news it is easy to see news about the USA, United Kingdom, Europe or Japan.
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what is xauusd Replied 3 weeks ago - Why XAUUSD Is Popular Among Forex Traders 1. High volatility = More trading opportunities Gold moves a lot every day, often $10–50 or more, creating many setups for: Scalpers Day traders Swing traders This volatility is why traders like it — more movement = more chances. 2. Tight spreads (especially during active market hours) Gold usually has tight spreads on good brokers, especially on raw/ECN accounts. This makes it ideal for: Fast entries and exits Scalping strategies High-frequency trading 3. Strong reaction to economic news Gold reacts sharply to: U.S. inflation (CPI) Interest rate decisions (FOMC) Non-Farm Payrolls (NFP) Federal Reserve speeches This makes it great for news traders and volatility traders.
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what is the polish currency, can i trade it in forex? Replied 3 weeks ago - The currency of Poland is the Polish złoty, written as: Name: Polish Złoty Code: PLN Symbol: zł You’ll often see it quoted in forex as a pair like: USD/PLN (U.S. Dollar vs. Polish Złoty) EUR/PLN (Euro vs. Polish Złoty) you can trade PLN in forex, but it is considered an exotic currency pair, not a major. ✔ Available to trade (with most brokers): USD/PLN EUR/PLN GBP/PLN (on some brokers)
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Need help calculating pips for gold Replied 3 weeks ago - Gold contract size 1.0 lot = 100 oz 0.1 lot = 10 oz Spread cost formula Spread cost = Spread × Ounces spread is 0.4 So: Spread cost = 0.40 × 10 Spread cost = $4.00 The 0.40 spread on XAUUSD at 0.1 lot = $4.00 cost. This means when you open a 0.1-lot gold trade, you start the trade –$4 because of the spread.
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What Is Order Block in Forex? Replied 3 weeks ago - 1.Look for a Strong Move (Impulse Move) Ask yourself: “Did price explode upward or downward from this area?” Look for: Long impulsive candles Multiple strong candles in the same direction A clear “push” in price 2. Find the Last Opposite Candle Before That Move This is the classic rule. For a bullish order block (demand): 👉 Look for the last bearish candle before a strong move up. For a bearish order block (supply): 👉 Look for the last bullish candle before a strong move down. That last opposite candle is the “order block.”
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Funding an account or purchasing a prop firm Replied 3 weeks ago - Thank you for being honest.
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Trump Imposes New 15% Import Tariff After Supreme Court Nullified The Old Tariffs Replied 3 weeks ago - Markets may be sluggish this Monday as they try to digest this information. if I am trading today I am only going to look for 10 pips and im done.
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Nairatrader Propfirm Replied 3 weeks ago - 8,900
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How to Get Funding for Forex Trading Replied 3 weeks ago - Kind of agree with @patrader, if you think you are part of the 5% profitable traders then get a prop firm account, win and get payouts. However, chances are once the prop firms identify you are a pro trader, they will ban you.
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why should i use low leverage when trading forex, any advantages? Replied 1 month ago - High leverage is really for expert traders who are so sure that their strategy works because they have tested it in different market conditions for years. They can use high leverage to trade bigger lot sizes even when their account balance is low. But as a beginner who doesnt have a tested strategy if you try using high leverage on a low account balance, you are just going to be dashing the broker your money cos you will get stopped out over and over again. Remember, the market can remain irrational for longer than you can remain liquid.
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Exness vs XM which is better for Nigerian traders? Replied 1 month ago - Do people still trade with XM? Exness is way better especially when it comes to funding your account in naira.
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Does a resistance/support line get weaker the more it is tested by price? Replied 1 month ago - Another school of thought said a support or resistance level broken with a momentum candle stick will always hold.
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what is the meaning of watchlist on my forex app? Replied 1 month ago - Why a Watchlist Is Useful It helps you: See your favorite pairs instantly Avoid scrolling through hundreds of instruments Track price movements faster Stay organized as a trader
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