chesteroconnell

Joined Dec 16, 2020

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Experience: No Experience

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Systems by chesteroconnell

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Recent Posts

Is FP Markets suitable for scalping ?

Won't pretend to be an expert because I'm new to both forex and this platform. My vested interest in your topic comes from the fact that the person who got me interested in forex is a heavy supporter of scalping. And as per him, low spreads are the key to turning a profit while scalping. Judging ...

5595

Mar 31, 2021 at 17:19

Manual trading

I think both manual and automated trading are great. There is less chance of encountering your emotions with automated trading but manual allows a person to trade with complete control.

1965

Mar 04, 2021 at 12:20

Accelerated Savings - Alpha 4.5

1:300 is a good leverage and I use it too for my trades. Anyway, you can improve your system by adding some features to it.

3459

Mar 04, 2021 at 12:19

EA programmer needed

You can modify your EA by either programming it yourself or you can look for videos and assistance from some expert traders. Good luck.

3823

Feb 24, 2021 at 12:07

Risk management and position size

For managing risk, I usually try not to risk more than 1 or 2% of my total capital and trades. This has become an effective strategy for me and has worked out well so far.

2254

Feb 24, 2021 at 12:06

chesteroconnell's Reviews

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845