Eurotrader is a recognized ECN broker that provides traders high security of funding. The broker allows price action trading strategy. They provide a free educational program to traders to educate them.
Proper education for day trading is needed. Day trading i is a popular type of trading especially for those who fear to trade at night due to news movements. For your day trading, Eurotrader can be an ideal broker as it allows traders with a bunch of trading facilities. It is an ideal broker for scalpers and day traders.
In Forum community there are many kinds of posts where the many people recommend on several trading brokers, I am very much confused they are real trader or not. I request for all , please don’t recommend at any brokers which you have not used or verified. Because mostly trading platforms are found to be scams. So, be careful
Actually without proper money management even the best strategy would yield poor result. Money management begins with determining the lot size or allocation of capital to a trade. This is followed by assessment of risk to reward ratio and usage of stop loss and take profit facility. Unless and otherwise a trader is adept in all the criteria mentioned above, it would be very difficult to come out successfully in the long term. Very few traders are exceptional in money management and so they perform exceedingly well than others even when similar trading strategy is used.
Scalping is a short time trading approach which success depends on lowest trading spreads, so we the traders who are particularly scalpers have to choose the currency pair which has comfortable trading spreads. Even though many of us depend on EUR/USD for scalping but I don’t like this bass pair for the sake of scalping in a proper way due its volatile movements.
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