Daniel Education

2021-09-10 18:13:11 Stay tuned for this weekend Open / Comment

2021-09-09 18:07:56 I will proceed next chapter when subs reach 20k ! Open / Comment

2021-09-09 06:26:17 REQUIREMENTS TO OPEN A TRADING ACCOUNT

1. Identification Card/License/Passport

Register your information and make sure your details are consistent with your Identification Card, License or Passport.

2. Utility Bills

Verification of the current residential address. Make sure the name and address are the same as on the bill.

3. Bank Account
Have an online bank account to make transactions and facilitate Deposit/Withdrawal.

4. Phone
Have an online bank account to make transactions and facilitate Deposit/Withdrawal.

5. Capital
Set enough capital to start a trade before trading because the choice of account type depends on your capital. Open / Comment

2021-09-09 06:26:10 TRADING PLATFORMS

Download the trading platform on the website of any broker of your choice for free.

There are 2 types of platform, Metatrade4 and Metatrade5. A popular platform used by traders is Metatrade 4.

This platform is popular because:
1. User friendly.
2. Can open many charts at one time.
3. Can open several MetaTraders at one time though different brokers.
4. Easy to download.
5. Supports multi frames.
6. Supports many other currencies and pairs.
7. Available in Mobile and PC versions. Open / Comment

2021-09-09 06:25:16 Open / Comment

2021-08-14 16:46:08 Check it out

Mapping Gold (Long target)

I hope you guys can learn something from this mapping.
I only used Naked Chart. No Indicator Open / Comment

2021-08-11 11:43:50 7k votes lets go Open / Comment

2021-08-11 09:58:31 MARGIN CALL & STOP OUT

Margin Call (MC) and Stop Out (SO) indicates the limit on the amount of equity that is determined to experience a loss or a floang loss correction.

Balance: The amount of funds in the account.
Equity: Balance + Profit / Loss
Profit floating: Open a profitable posion.
Loss floating: Open a posion that has a loss.

MC and SO are determined from the Margin Level.
Margin Level: (Equity / Margin total) x 100%

MC: 100%, meaning if Margin Level: 100%, then it will be exposed to MC. In this case, the MC will be affected when Equity: Total Margin.

SO: 30%, meaning that if Margin Level: 30%, then SO will be affected, and trading will be stopped. In this case, it will be SO when Equity: 30% of the total Margin. Open / Comment