The key lesson is to make sure that you follow the calculations all the way through yourself manually so that you understand what the conversion should be and make sure that your position size is appropriate relative to your base currency account. For example, you can...
Trading requires a deep fascination with the markets, strong work ethic and persistence. Traders are also human and experience emotions - we go through ups and downs in our trading journey. And with these constant challenges, our motivation can fluctuate. It can be...
The most important thing is not exactly what you do, that it's you understand what you are doing. The implications of it, because there's different ways to configure this. You could have in Amibroker, your base currency is Euro and you could run your systems, which...
Let's say you have US dollars in your account and buy something against Bitcoin. You buy Bitcoin, and then you use the Bitcoin to buy Ethereum. Thus, you are trading the movement of Bitcoin versus Ethereum, And when that trade is finished, you close it, you're left...
With Interactive Brokers, if you have a margin account and your base currency is Australian dollars like mine, and I want to buy US dollar stocks. The way it works in Interactive Brokers is I want to buy US dollar stocks, I've got Australian dollars in my account, but...
It would be better to trade what you test and test what you trade. Thus, if you could find a way to match your backtest with your execution or to match your execution with your backtest, that would be a better solution, and there's two ways to do that. The first way...
You can encounter many challenges on the road to being a successful Trader, so it's a good idea to watch out for the warning signs. Difficulties that arise through unnecessary mistakes, getting caught out by market volatility, and being inundated with noise on the...
If you apply one system with an index filter to all markets with a big watchlist, you will be turning that system on or off for all markets simultaneously. So, do you want to build country diversification into your portfolio intentionally? If you're going to build...
Get started trading crypto the right way and accelerate your trading results. Download The Crypto Acceleration Bundle!The Crypto Acceleration Bundle Does 3 Things:📈 Gives you the critical ingredient for trading success that most crypto traders just don't do, so you...
Get started trading crypto the right way and accelerate your trading results. Download The Crypto Acceleration Bundle!The Crypto Acceleration Bundle Does 3 Things:📈 Gives you the critical ingredient for trading success that most crypto traders just don't do, so you...