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Lesson 18: Suggestions

Lesson 18: Suggestions

Brokers:

ICMARKETSIt is by far the best. Remember to open an ECN / RAW account if you are a Scalper. This will have a commission instead of the spread. As a scalper, I am also happy with 7 Pips. Certainly, I don’t want to earn to give everything to the broker because of the spread.

When you choose a broker, remember that they must have low commissions and spreads; otherwise, you work to enrich them.

 

Prop Firms: 

OFP Funding: By far the best one. They offer instant funding without the stress of passing useless challenges or verification processes, and they are considered the world’s leading for the instant funding.

 

Platforms:

MetaTrader 4/5they are the best platform to enter the market; the difference is that the 5 has some cosmetic changes and more functionality. 

Trading ViewPerfect platform for analyzing charts. 

Overviewfoirex.com: Use our website always to be prepared for economic events or use tools helpful for trading.

 

Books:

Trading In The Zone

The Yusa Guide To Balance Mind, Body, Spirit

I strongly recommend meditating for at least 15/30 minutes daily and doing physical activity every day. Avoid eating junk food; remember that the strength of the mind is primarily the body and vice versa. “The Yusa Guide to Balance Mind Body Spirit” is a perfect book, and it will help you to improve your daily life.

Colours for graph candles and background

It may seem silly, but it’s not. Some colours relax your eyes and make you calmer. Personally, I use green and red candles with a white background. Another combination I used in the past is black and blue candles with a grey background.

Trading Account

Don’t rush. Start with a demo account and focus on finding your best strategy. After you notice 2 to 6 months of profitability in the demo account, open a real account with € 150 to feel the negative and positive emotions of playing with real money. Don’t rush! When you feel more confident, you can deposit more and start your climb. Fall in love with the process! 

Good Luck

“The secret to being successful from a trading perspective is to have an indefinite and tireless thirst for information and knowledge.”

Paul Tudor Jones

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