Fri 28 July 2017
Online Trading Academy has its roots in the largest trading floor in the Western US, founded in 1997 by Eyal Shahar. Independent traders needed training to be successful in their investments, and soon a teaching model was born. By 2001 trading had transitioned to the web and we became 100% devoted to education. From a single location in Irvine, CA, today we've grown to 40 worldwide campuses and a worldwide online presence, and over 250,000 people have experienced OTA workshops and benefited from our mission: Enriching lives worldwide through exceptional financial education. Most of the hedge funds and CTA's using technicals as the basis of their trading will use software to some extent, many of them use software exclusively to create all of their trading activity in all time frames from the very fast to the daily and longer.
My account manager Aymen has provided unbiased professional advice since day one. He allows me to trade at my own pace and is not pushy at all unlike most other brokers. Aymen is an extremely valuable asset to his Company and I would highly recommend Aymen and Accendo Markets.
I've tried over 70 EA's in the last three years with one partial success so I'm sceptical. I will try it on a demo account for a month to see if it is profitable. If it is then it will go on an Alpari UK live micro-account. I look forward to testing it.
Every Forex trader is different in his or her needs and desires, so there is no one-size-fits-all broker. To find the right fit, make sure you're reading reviews and vetting the broker properly. Take your time to choose the best platform, the best account, and make sure you understand the risks involved.
One strategy that is a simple forex trading system is following the daily or weekly trend. Review the daily and weekly charts and find a trend that seems well supported and get in. The one caveat about this particular type of trading is that your moves that look small on the chart can span 100's of pips This means that you need to trade small. Use a conservative allocation when you buy in and allow your trade to develop a bit. Set a reasonable stop and plan out a target. Beginners find this strategy easy because they don't need to watch the market constantly, they can trade when they have time.