Get started

Telegramsignals

Signals, Copy Trade or Managed Forex?So I've been getting some questions from my followers about when would I recommend either of the 3 over the other? Here I'll explain. == TELEGRAM SIGNALS == So this option is great for learning or micro managing small accounts. Ideal option for hobbyist, students, or part-time traders. == COPY TRADING == This option is great for small accounts as well since many copy trading programs offer a flat fee monthly subscription fee. But you're account shouldn't be so small that it doesn't make sense for the program. For example, if you start with 1000 and the returns are 10% monthly but you have to pay a $50 monthly subscription fee, well you'll only profit $50 after expenses for that program. == MANAGED FOREX ACCOUNTS == This option is best for serious sophisticated investors that understand the potential in Forex trading, as well understand the risks associated with it, and want to reduce risk by allocating small portions to various well designed and proven trading systems or strategies. Now of course you can easily purchase some off-the-shelf EAs but the issue with that is you don't fully understand the strategy or the risks with retail EAs. It's much better to find an expert trader that builds his own EAs and knows how to make adjustments the script throughout the various life-cycles of the market. With most Managed Forex Account programs, the trader's charge a performance fee rather than a flat monthly subscription fee. This means the trader that sells copy trading gets paid regardless if the subscribers make money or not, whereas traders offering MFAs only get paid when investors generate ROI.
by Michael_Harding
1
Trade Plan for GBPNZDPlease don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Short
by Michael_Harding
2
Will GOLD continue to fall? Comment your thoughts!As we can see from the daily time frame, ever since gold made that higher high we have continued to make lower highs. We do have a pretty solid weekly support level that price cant break for now, but i do believe we will see gold hit that support once more before making its next move. If we break that support we want to see it turn into resistance and we will look to target the next key level. If we cant break it and we continue to reject the support level, we want to see this decending triangle broken and retested before looking to go long and target them previous highs. Please like and comment your thoughts, Consider following our page for more useful content, CHECK OUT THE BOTTOM OF THIS PAGE. Good luck, stay blue, Ash.
FX:XAUUSD
by Ash_FXtradingMadeSimple
1