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  1. TradingMonster

    What are the risks involved in forex trading?

    Forex trading involves risks such as market volatility, currency fluctuations, economic factors, and leverage. It's important to understand these risks and use risk management techniques to protect your capital.
  2. TradingMonster

    What is leverage in forex trading, and how does it affect my trading?

    Leverage allows traders to control larger positions with a smaller amount of capital. While it amplifies potential profits, it also increases the risk of losses. It's crucial to use leverage wisely and understand the associated risks.
  3. TradingMonster

    How Does Forex Compare to Other Markets?

    Don't be afraid of asking, this is a GREAT question. My best answer is: The forex market is far more volatile than the stock market, where profits can come easily to an experienced and focused trader. However, forex also comes with a much higher level of leverage and fewer traders tend to focus...
  4. TradingMonster

    Top Automated Trading EAs for mt4 & mt5 (official)

    So, just join the telegram channel, then what?
  5. TradingMonster

    How can risk management techniques be incorporated into a profitable Forex trading strategy on MT4 or MT5?

    naa best way to avoid risk is to don't trade if you don't know how to do it
  6. TradingMonster

    How does the Forex trading experience differ between the Autotrader EA and the standard Forex Trading

    managed account (PAMM/MAM) vs manually controlled account (you)
  7. TradingMonster

    Can you provide an explanation for what MT4 Forex signals are?

    The MT4 forex trading platform offers a programming language that allows for the creation and implementation of trading robots and Expert Advisors (EA) indicators. Traders, programmers and third-party participants have the ability to develop custom EAs and indicators. In addition, scripts can be...
  8. TradingMonster

    Finally did it. I'm profitable

    grats buddy, do you have skype? add Mark3131
  9. TradingMonster

    What are some frustrations forex traders face?

    Most Frustrating stuff are the Downswings, or basically sessions that make you lose a lot. The most dangerous situation is when you are STILL on an active session of trading and all your open trades are losing. Don't pay attention to those.
  10. TradingMonster

    How can I learn about trade?

    Learning trading doesn't happen overnight. If you don't have the time or motivation to train yourself well in trading, then it's better not to trade at all. There is no miracle recipe, to achieve a winning trading system in the long term requires a lot of work and effort. This guide to learning...
  11. TradingMonster

    Finally did it. I'm profitable

    wow buddy this is what I want, how much time did it take to reach $4000 and have u withdrew something?
  12. TradingMonster

    Best Indicators for mt4?

    I'm using Bollinger Bands, MACD and Stochastics all together. BB tells me if the prices are on min - max areas, MACD tells me the most likely direction of the trend and stochastics confirms both , telling me trend and max-min prices. If I win a situation were the 3 indicators confirm the same...
  13. TradingMonster

    What’s Forex?

    just kills me google it , you just type that question on google and you will get plenty of answers
  14. TradingMonster

    has anyone made money using any automated EA or PAMM service?

    Nice to meet you, I've joined the forum to meet people that trade and to learn, My little story... I've been using several EAs, pamm, copy trading, signals, and manual trading and I must admit that I lost money until I found out what was working for me. So that's #1, find out what works for...
  15. TradingMonster

    Starting with forex...

    The risk you can take should be around 2% of your total margin, so if you have $400, when you open a trade the maximum amount that trade can lose is $8 This Is being conservative and it also depends on the strategy you are using and how effective it is.
  16. TradingMonster

    What is the best MANUAL trading system for forex?

    Don't do it, unless you are a magician, starting with no knowledge into trading manually is suicide. Go for a great EA and be patient, meanwhile learn as much as possible. Then reconsider manual trading.
  17. TradingMonster

    What's the difference between MT4 & MT5?

    MT4 is basically the "original" MetaTrader software ... MT5 is "new and improved", but comes with some drawbacks (like most new softwares). MT5 has much better testing and optimization tools available, including more detailed output (for EAs). MT4 is more rigid, but generally regarded as more...
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