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NAS100 Strategies Replied 7 hours ago - okay price leave the box and fall back in, personally I will like to wait till price exit the other part of the box before shorting
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+5
SLK STRATEGY Replied 7 hours ago - Bro no strategy can have a 90% win rate even the best traders strategies have a 40-50% win rate
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US30 with SLk Strategy Replied 7 hours ago - It is not always clear how you decide a break of structure. Is there any laid down rule on how we can know a structure has been broken?
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+3
The simplest strategies are usually the most profitable Replied 7 hours ago - A good strategy must be easy to explain It must be repeatable on a daily basis (except you are a swing trader) It must have clear entry and exit points It should not require you to think before you execute It should also have limitations (it should not work on every instrument)
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+5
GER40 with SLK strategy Replied 8 hours ago - Both were short trades.
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+7
US30 trading strategy Replied 11 hours ago - I am going to close the trade at this point, and exit with my profit.
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+1
TADING WEEK/MONTH EXPERIENCE. Replied 13 hours ago - My trading experience this week. This week , i prioritized patience and it showed in the number of trades I executed on my main account. I executed just two trades, one loss and one win. What stood out for me this week is my discipline to stick to my plan. I am so happy i could do that. Also, I only traded setups that met all my criteria.
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XAUUSD USING SLK STRATEGY Replied 13 hours ago - SUMMARY OF TRADES TAKEN THIS WEEK I took 4 trades on gold this week, you can check the thread to verify. 2 trades were wins and 2 other trades were losses. It was a good week for me. See you next week by God’s grace.
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+6
Smart Money Concept Flaws Replied 1 day ago - Flaw 1: Market Makers Perform Liquidity Grabs Against Retail Traders SMC advocates beleive that institutional players/market makers are looking for your money, so they perform manoeuvres and stunts to hit your stop loss and grab liquidity. While it may look like your stops are being hunted, institutional traders have no need for your money because it is too small. These guys trade with millions of dollars so they do not need to grab liquidity from you. The reason you keeo getting stopped out is because the more experienced retail traders place their entries where they think you will place your stops. Some traders do not know what it means to be a market maker, these market makers are indeed the liquidity so they dont need to grab any liquidity from you? Market makers are big firms with millions of dollars on their balance sheet so why would they need to grab a few dollars from you? So this is why I beleive liquidity grabs by market makers is simply not true
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exness or fxpro: your honest opinion Replied 1 day ago - FxPro is great for stock CFD trading because they have a wider variety of stocks and they provide more info an corporate actions and timi gs. Exness I would choose for basic currency trading due to the lower spreads than FxPro
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Forex Trading Through CMA Regulated Brokers

In Kenya, we are lucky that our government is not only licensing, but also supervising the activities forex brokers operating in Kenya.

The advantage of this government oversight is that it allows forex trading to thrive in Kenya, while forcing brokers to operate in the best interest of Kenyans..

The governemnt body responsible for overseeing forex brokers in kenya is called the Capital Markets Authority (CMA) . If you have a problem with any CMA licensed broker, you can report the issue to the CMA by sending them an email or walking into their office in Nairobi to make a complaint.

Some CMA regulated & licensed brokers operating from Kenya include: Pepperstone, Exness, HFM, FXPesa, Exinity (FXTM), IC Markets and Anzo Capital.

Minimum Amount to Start Forex Trading

Some brokers will allow you start forex trading with as low as $5 USD . However, you will have to trade small volumes/lot sizes with this amount. If you want to trade bigger volumes, you will need to start with $100 USD or more.

Fund Your Forex Trading Account Using MPESA

Most forex brokers licensed in Kenya have been mandated to integrate MPESA into their payment system, so Kenyan traders can deposit/withdraw from their account using MPESA.

Other ways to fund your trading account include Kenyan bank transfer, bank cards, PayPal, mobile money and crypto.

Forex Trading On Mobile Phones

To make trading accessible to everyone, forex brokers in Kenya have created mobile versions of their trading software which run on android and apple phones.

You simply visit the google or apple online store on your phone, to download the brokers mobile trading app.

Some popular mobile trading apps deployed by CMA regulated brokers include: HFM mobile, Exness mobile, FXTM mobile, FXPesa mobile and Pepperstone mobile apps.

Trading on your mobile phone is very convenient but it has its disadvantages which include: strain on the eyes due to the small phone screen, possibility for error if you click on the wrong button (due to small phone screen size), possibility of overtrading/addiction etc.

Learning With A Demo Account

Forex brokers usually allow you open a practice account (aka demo account) which is loaded with virtual money, so you can experiment with the markets and sharpen your trading skills.

Although the money in a demoo account is not real, it is an invaluable tool for learning how to trade without risking your own money.

Learning From A Trading Community

You can benefit from the wisdom of the crowd, by joining an online group of traders to discuss trading styles.strategies.

On this website, we have a thriving community forum, where real traders post live trades, showing their profits/losses in real time.