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Is it normal for a broker to have no slippage?
ToWysteria posted a topic in Scams AlertHello, I recently attempted to use this new EA and broker. I know many of you have more experience in forex trading, so I'm wondering if it's possible to get no slippage 6-11x in a row like this? There have been a lot of scams recently involving unlicensed brokers and EA, so I want to make sure that what I'm using isn't one of them. Thank you ahead of time. Any information on how your "No Slippage" broker performs in general would be greatly appreciated.
FP Markets - A Trader's Secret Weapon?
ToWysteria replied to NitsuaShow's topic in Fundamental AnalysisThis gets a plus one. I've been trading with FP Markets for approximately six months and have had an excellent experience. Their trading conditions have been steadily improving over the last few months, and their spreads are currently among the tightest in a variety of currency pairs. It is true that they have not received the attention they deserve, given that their services are superior in many ways to those offered by the majority of other brokers; perhaps they have not been as aggressive with their marketing? However, given that they've been in operation since 2005, I'm assuming they've developed their own clientele over time.
Beginner's guide to EA
ToWysteria replied to FrostyCyborg's topic in Begginers LobbyThis is a very useful article. It will assist many newcomers in learning something new.
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How do I become emotionless when trading?
ToWysteria replied to jpane's topic in Begginers LobbyYou trade the 5m charts? Imagine trading the daily’s. I have the same emotions but for at least a day, sometimes over a week. I make my trade and sleep well and the next day I go to work. At my morning break I check my trade. I think “I could close now and it would make money”… at lunch I check my trade. “I could close now and it would be only a small loss.”…my only solace is knowing that if I follow my rules, in the long run, I will be profitable. If you’ve done your homework, you should be fine. If this trade is a loser so what? There’s another one around the corner. Positive expectation is key. Don’t get in the way of what you know will be beficial IN THE LONG RUN.