http://forums.babypips.com/newbie-island/53684-guide-using-recognising-myfxbook-accounts.html

Since many new traders are starting to use Myfxbook this thread is a great help on the the frequently...

I'm with Alpari(UK) ECN MT5. Nice and quick, no time for mistakes though with single click trading.

Talking of spreads I've seen Oanda increase them to 20+ pips during news while other brokers have increased it to a fraction of this. I don't use Oanda, so can't give a balanced argument at this...

Money, I'll only say this once - You have the determination, and you always have as can be seen by each and every post in this forum.

But stop aiming so dam big, and you could make it happen....

These mistakes happen, and they will happen on a live account too.

Once I opened an order in GBP/USD with 1.50 Lots, rather than 0.15 Lots. That mistake cost me $1,500 when I released the next...

unbelievable ...

I swear I asked Google numerous times to remove images of my new concept car. Getting sick of this.

Ok money, best of luck mate. Let me know in the future when you have an Fxbook open.

Not being greedy......

Money we've all been at this for a while now, with some people progressing faster than others, naturally this will of course happen. But I've got to the point where I'm not to sure what you're trying...

And this is why I have never used Oanda, and never will. The only platform I know that does not operate in the normal way expected. They seem to make up their own rules as they go along.

This is interest differential when a trade is left open over night.

Day traders don't have to worry about this as they don't hold overnight.

When are swap rates calculated?

Swap rates are...

Are you talking about the value in terms of spread paid, or the value in rollover interest (Swap rates)

If it's swap rates, they are always higher on a Wednesday, this could be why.

The answer to this comes with having results obtained from your trading method.

This is where back-testing comes into play. By having a sufficient sample size of results you can look at this data...

Consider the definition of a Market Maker.

"A market maker makes a profit by attempting to sell high and buy low. Market makers establish quotes whereby the bid price is set slightly lower than...

45773

Nice...

Seven years to late! ;)

Forget about leverage and concentrate on the percentage of your account you should be risking per trade.
Leverage is a byproduct of risk.

If you have a $1,000 or $100,000 account size, you don't...

You can't prepare for every eventuality in trading, nor can everything be quantified. Therefore the initiating stages of what closed as a losing trade could still have had all the green lights you...

Im looking at the dollar appreciating in value for a little while longer, for that reason im holding a short in GBP/USD for a target of another 100 pips or so.

BFX is my business name, or rather "BFX Equity" which is posted on my accounts.

"Challenge FX" is simply the account name for this specific account.

MT5 Profile is now registered and is linked to my account which I will be using thanks to some help from JackMarkets who seem's to know everything about Myfxbook!

The appropriate link is on the...

You sir are an absolute legend...

45602

MT5 auto installs to program files (x86)
For future reference, take the entire MT5 file out, as you said, and place it into "Local Disk"

This is what I get all the time, even when running as Admin.

45600

This is from FXCM reports, unfortunately it's rather old, from 2010.
However, it does agree with Mr Gone's assumption of around 25% being profitable

45597

Here is some added info

45598
...

Perhaps you can show me how to install MT5 through there wizard, it doesn't pick up my/recognize my MT5 files and brings up the error "access to path denied"

James

This is from a popular online publication 04/04/2013

"We have had numerous discussions on this venue regarding stop losses. Part of the surprise from those discussions is that using a stop loss...