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SolidECN

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Advantages of an EA
If you're prone to trade when your emotions get the better of you, an EA removes that factor from your trading. If you use an EA, your fears and drive for more profit won't affect your choices when responding to trading signals; the EA will carry out trades based on your input. It has no fear of loss or profit-making mentality; it only makes the trades for you.

If forex trading is your main source of income, using an EA can reduce stress levels, because it takes away the mental strain of trading. You can set your trades for the day and move on to other tasks or efforts.

An EA or robot can compare far more variables per second than a human can. Our brains are not fast enough to match an EA's speed at weighing options.

EAs can consider the variables for several different currency pairs at the same time. The speed at which they make decisions and act on them is the main reason many traders use EAs.

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Disadvantages of an EA
One of the problems any trader face with a robot trader is that it cannot react to real-time news appropriately. If you are in your office watching the news, you can dodge making a mistake after a high-impact news release.

For instance, the EA you are using doesn't mind the interest rate decision being published in thirty minutes. It is programmed to continue trading if it is online.

The EA can deal with numerous variables at the same time which is a big advantage, but it can trade as it has been programmed. You're not as strict in your thinking as a trading robot, so a human trader can respond to things that slip outside the set parameters. There may also be times when a trader has to make an instant decision to avoid a massive trading error or take a good opportunity.

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Back-testing and Research
Whether a trader uses a third party's EA or creates his own, it's essential to test it over various time frames in a demo account. A demo trading account does not expose real cash at risk and allows the trader to observe how it functions for him. The trader may discover that it works well for him on major currency pairs but not on cross pairs.

If you're using an EA that you coded yourself, be ready to modify the variables from time to time. As movements in the market shift, your program may have to change accordingly.

If you're using an EA from another company or person, recall that the currency market is largely unregulated, making it a genuine place for scammers to operate. Beware of EA developers who pledge high profits. Acknowledge that some scammers know that overpromising is a red flag, and an EA developer who tries to strike a balance between expectancy and credibility may also be a fraud.

Beyond all else, do your investigation before engaging with any expert advisors, and keep your hopes sensible. There are good EAs out there, and some traders achieve year-over-year revenues using an expert adviser or a trading robot that trades automatically. However, their annual profits are usually in the high single or low double digits at the best of times.
#76 - April 27, 2022, 07:53:20 AM

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SolidECN in Favorite Brokers_gold-forum-1

On the daily chart, the development of the third wave of the higher level (5) of 3 continues, in which wave 3 of (5) has formed. At the moment, there is a downward correction as the fourth wave 4 of (5), within which wave c of 4 is being formed.

If the assumption is correct, after it is finished, the growth of XAUUSD will continue to the levels of 2100 - 2200. The level of 1827.33 is critical and stop-loss for this scenario.

SolidECN in Favorite Brokers_gold-chart
#77 - April 29, 2022, 07:01:47 AM

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SolidECN in Favorite Brokers_xx
SolidECN in Favorite Brokers_metatrader

MetaTrader 5 offers a wide variety of functions for the modern forex and exchange market trader:

> Full set of trading orders for flexible Forex, Stocks and other securities trading
> Two position accounting systems: netting and hedging
> Unlimited amount of charts with 21 timeframes and one-minute history of quotes;
> Technical analysis with over 80 built-in technical indicators and analytical tools
> Fundamental analysis based on financial news and economic calendar
> The largest store of ready-to-use trading applications at MetaTrader Market
> Powerful algorithmic trading with the built-in MQL5 development environment
> Trading Signals allowing you to automatically copy deals of experienced traders
> A system of alerts to keep track of all important market events
> Built-in Forex VPS

Use all the advanced trading and analysis tools while trading Forex, Stocks and Futures!
#78 - May 02, 2022, 07:12:55 AM

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SolidECN in Favorite Brokers_xx
SolidECN in Favorite Brokers_account-types

Solid ECN gives multiple account types on the MetaTrader 5 trading platform to help individuals and corporate customers to exchange Forex and Derivatives online.
 
All Retail, associates, and White-Label clients have the possibility to access various spreads and liquidity via state-of-the-art automatic trading platforms. Solid ECN grants an exceptional type of account options that clients can choose to experience a tailored trading experience that perfectly fills their needs.
 
United with excellent trading conditions and lightning-fast execution, Solid ECN provides all the tools and aids required for clients of any level to accomplish their trading goals.


Min Deposit
Max Leverage
Min Spread
Fee
Micro
$5
1:1000
2 pips
No
Standard
$10
1:1000
0.3 pips
No
Swap Free
$10
1:1000
0.3 pips
No
ECN
$10
1:1000
0
$3


Solid ECN brings vital advantages for forex traders in the US, EU, and beyond
www.solidecn.com

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#79 - May 05, 2022, 07:11:28 AM

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SolidECN in Favorite Brokers_benefits

Outsized Returns
It?s no secret that Bitcoin has been the best-performing asset of the last 12 years. When it began in 2009, Bitcoin essentially had no value. In the following years it would rise to a fraction of a penny and then eventually to tens of thousands of dollars. This represents millions of percentage points? worth of gains. By comparison, the S&P 500 index of stocks returns an average of about 8% per year.

Some altcoins have outperformed Bitcoin by wide margins at times, although many of those later saw their prices collapse. Gains like these might be among the most well-known cryptocurrency benefits. (The losses, on the other hand, may be among the most well-known drawbacks.) Volatility has characterized prices in the crypto space, which has been one of the key benefits of cryptocurrency for day traders and speculators.

SolidECN in Favorite Brokers_benefits-1

More Private Transactions
Privacy can be one of the benefits of cryptocurrency, but crypto isn?t as private as some people might think. Blockchains create a public ledger that records all transactions forever. While this ledger only shows wallet addresses, if an observer can connect a user?s identity to a specific wallet, then tracking transactions becomes possible.

While it?s worth noting that most crypto transactions are pseudonymous, there are ways to make more anonymous transactions. Coin mixing services group transactions together in a way that makes it hard to pick them apart from one another, confusing outside observers. Individuals who run a full node also make their transactions more opaque because observers can?t always tell if the transactions running through the node were sent by the person running the node or by someone else.

Methods like these are for more advanced users and could prove difficult for those new to crypto. So while absolute privacy is really not one of the main positives of cryptocurrency, transactions are still generally more private than using fiat currency with third-party payment processors.

SolidECN in Favorite Brokers_benefits-2

Portfolio Diversification
Cryptocurrency has become known as a non-correlated asset class. Crypto markets largely function independently of other markets, and their price action tends to be determined by factors other than those affecting stocks, bonds, and commodities.

Any asset that has risen by millions of percentage points over just twelve years, as a number of crypto coins have, clearly is not correlated to anything else. But it?s worth noting that during the last few years, cryptos have begun to sometimes trade in tandem with stocks for short periods of time.
#80 - May 09, 2022, 05:24:38 AM

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There is no perfection in services online, and when funding is involved, we believe that the merchant should have a transparent refund policy. Solid ECN Securities acknowledges customer rights, and for that reason, we drafted the Solid-Refund policy.

There are circumstances when it is essential to return payment. Clients may submit a refund petition if the merchant service was not as described or the service was not functional or if the client justifies the reason.

We tried to make the money return policy concise, simple, and clear to give our customers a feeling of security. That is why we guarantee our services, and if it wasn?t as described the consumer has the right to apply for a money return.

www.solidecn.com
#81 - May 10, 2022, 04:52:44 AM

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Sell Limit: 1850.46 | TP: 1819 , 1780 | SL: 1909

SolidECN in Favorite Brokers_gold-signals

Please note that foreign exchange and other leveraged trading involve a significant risk of loss. It is not fit for all investors and you should make sure you realize the risks involved, seeking independent advice if necessary.
#82 - May 11, 2022, 07:21:53 AM

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SolidECN in Favorite Brokers_ecn-broker

Forex trading doesn?t take place on a regulated exchange (like shares or other assets do), as it occurs between buyers and sellers from anywhere in the world, through an over-the-counter (OTC) market. To be able to access this market, you need to use a Solid broker.

As this market is not centralized, you?ll quickly realize that you can access different exchange rates and trading conditions, depending on the broker you use. For this reason, choosing the right broker for your trading style is essential in becoming a successful Forex trader. It?s important to note that even if there are many brokers out there offering similar products and services, there are a few things you should check before deciding which one to use, to be sure you?ll be giving yourself the best chance to succeed.

SolidECN in Favorite Brokers_ecn-broker-1

You need to be sure it offers the right kinds of trading platforms and trading accounts for your trading style ? not to mention other details such as trading conditions, spreads, minimum deposit, payment methods, main currency of the account, and the availability of the technical support.

Another very important thing to consider when choosing a broker is what type of broker that they are, as they are different kinds ? predominately, Market Makers and ECNs.

SolidECN in Favorite Brokers_ecn-broker-2

Market Maker vs. ECN broker
Understanding the definition of a Market Maker is pretty straightforward ? it?s a broker that ?makes the markets? by setting the bid and the ask prices via its own systems. Then, they display these prices via their platforms, so that investors can open and close trading positions.

Usually, a Market Maker broker will not hedge its client positions with other liquidity providers like an ECN broker would do. Instead, what Market Markets do is they pay winning client positions out of their own accounts. It also means that when a client has a winning trading position, a Market Maker broker loses.

An ECN broker stands for Electronic Communication Network (ECN). Solid ECN provides its traders with direct access to other market participants via interbank trading prices. This network allows buyers and sellers in the exchange to find a counterparty of their trading positions.

SolidECN in Favorite Brokers_ecn-broker-3

Solid ECN uses different liquidity providers, we are able to allow prices from these providers to compete in the same auction, which usually means that traders get better prices and cheaper trading conditions. Moreover, by using an ECN broker, traders usually trade in a more efficient and transparent environment.

Solid ECN Securities makes money with the trading volume of its clients, charging a commission on each position.

www.solidecn.com
#83 - May 12, 2022, 08:49:55 AM

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Why you should trade with an ECN broker?

> Solid ECN broker doesn?t trade against its clients.
> Solid ECN broker is only the intermediary between your buying and selling orders, matching you up with different market participants.

Hence, Solid ECN broker doesn?t bet against you, which means that it never takes the other side of your trading positions. This trading model ensures you that there is no conflict of interest, as an ECN broker gets a commission whether you make or lose money.

SolidECN in Favorite Brokers_benefits-1

Using an ECN broker limits price manipulation, increases transparency and provides better trading conditions. As an ECN broker doesn?t ?make the market? by creating its own quotes, it is harder for it to manipulate prices, simply because it uses prices from different liquidity providers. With an ECN broker, you have access to real-live, current information, as well as more accurate prices history, hence why it is more difficult for this type of broker to manipulate prices. Displaying prices from official sources transparently in the Solid ECN trading platforms makes it easier for you to trade instantly, with tighter spreads than other types of brokers. Moreover, you usually get lower fees and commissions, as well as immediate confirmations.

Another benefit of accessing real quotes is that you avoid ?re-quotes?, which can have a negative impact on your overall trading performance. This usually happens when your trading order is rejected because of the change in the price of the asset you want to invest in. Then, the broker offers you a ?re-quote? of the given asset (which rarely works out in your favor).

SolidECN in Favorite Brokers_benefits-2

Bottom-Line
As you can see, using us (Solid ECN) allows you to trade more efficiently and profitably, thanks to better trading conditions and better trading execution. With increased transparency and no conflict of interest, Solid ECN like MultiBank are the most reliable and safe way to trade.


www.solidecn.com
#84 - May 13, 2022, 07:03:29 AM

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SolidECN in Favorite Brokers_stop-loss

Understanding Stop-Loss Orders
Stop-loss orders can also be used to lock in a certain amount of profit in a trade. For example, if a trader has bought a stock at $2 a share and the price subsequently rises to $5 a share, he might place a stop-loss order at $3 a share, locking in a $1 per share profit in the event that the price of the stock falls back down to $3 a share.

It?s important to understand that stop-loss orders differ from limit orders that are only executed if the security can be bought (or sold) at a specified price or better. When the price level of a security moves to ? or beyond ? the specified stop-loss order price, the stop-loss order immediately becomes a market order to buy or sell at the best available price.

Therefore, in a rapidly moving market, a stop-loss order may not be filled at exactly the specified stop price level, but will usually be filled fairly close to the specified stop price. But traders should clearly understand that in some extreme instances stop-loss orders may not provide much protection.

For example, let?s say a trader has purchased a stock at $20 per share and placed a stop-loss order at $18 a share, and that the stock closes on one trading day at $21 a share. Then, after the close of trading for the day, catastrophic news about the company comes out.

If the stock price gaps lower on the market open the next trading day ? say, with trading opening at $10 a share ? then the trader?s $18 a share stop-loss order will immediately be triggered because the price has fallen to below the stop-loss order price, but it will not be filled anywhere close to $18 a share. Instead, it will be filled around the prevailing market price of $10 per share.

With limit orders, your order is guaranteed to be filled at the specified order price or better. The only guarantee if a stop-loss order is triggered is that the order will be immediately executed, and filled at the prevailing market price at that time.

SolidECN in Favorite Brokers_stop-loss-1

Purposes of Stop-Loss Orders
The main purposes of a stop-loss order are to reduce risk exposure (by limiting potential losses) and to make trading easier (by already having an order in place that will automatically be executed if the market trades at a specified price).

Traders are strongly urged to always use stop-loss orders whenever they enter a trade, in order to limit their risk and avoid a potentially catastrophic loss. In short, stop-loss orders serve to make trading less risky by limiting the amount of capital risked on any single trade.

www.solidecn.com
#85 - May 16, 2022, 06:10:02 AM

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Buy Stop: 1834 | TP 1: 1851, TP 2: 1890 | SL: 1785

SolidECN in Favorite Brokers_gold-signal
#86 - May 17, 2022, 06:19:32 AM

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