How to trade Forex or Stocks ? Trading can be a very lucrative work. However, the sad reality in trading is that many people fail to succeed at this endeavor. I will explain to you exactly why and how you can be part of the minority that prospers as a successful trader. I am myself a trader for now more than 4 years and everything that I will share with you comes out of experience. And so, if you want to learn how to trade forex or stocks, you must first understand why many people fail at it. Even the smartest and most educated of the society do and this is not related to IQ

How to trade Forex or Stocks ? Trading can be a very lucrative work. However, the sad reality in trading is that many people fail to succeed at this endeavor. I will explain to you exactly why and how you can be part of the minority that prospers as a successful trader. I am myself a trader for now more than 4 years and everything that I will share with you comes out of experience. And so, if you want to learn how to trade forex or stocks, you must first understand why many people fail at it. Even the smartest and most educated of the society do and this is not related to IQ

1. Discipline: Adherence to strategy, rules, and risk management. 2. Risk Management: Controlled position sizing, stop-loss, and leverage. 3. Emotional Control: Managing fear, greed, and impulsive decisions. _Additional Key Characteristics:_ 1. Resilience: Coping with losses, adapting to changing markets. 2. Patience: Waiting for optimal trade setups, avoiding impulsive decisions. 3. Continuous Learning: Staying updated on market trends, refining strategies. 4. Flexibility: Adapting to new information, adjusting strategies. 5. Self-Awareness: Understanding personal strengths, weaknesses, and biases. 6. Mental Clarity: Focusing on objectives, avoiding emotional turmoil. 7. Accountability: Taking responsibility for trading decisions. _The Psychology of Successful Trading:_ 1. Mindset: Focusing on process over outcome. 2. Emotional Intelligence: Recognizing and managing emotions. 3. Decision-Making: Logical, systematic, and data-driven. _Cultivating These Traits:_ 1. Practice and repetition. 2. Self-reflection and journaling. 3. Mentorship and community support. 4. Continuous education and training.

1. Discipline: Adherence to strategy, rules, and risk management. 2. Risk Management: Controlled position sizing, stop-loss, and leverage. 3. Emotional Control: Managing fear, greed, and impulsive decisions. _Additional Key Characteristics:_ 1. Resilience: Coping with losses, adapting to changing markets. 2. Patience: Waiting for optimal trade setups, avoiding impulsive decisions. 3. Continuous Learning: Staying updated on market trends, refining strategies. 4. Flexibility: Adapting to new information, adjusting strategies. 5. Self-Awareness: Understanding personal strengths, weaknesses, and biases. 6. Mental Clarity: Focusing on objectives, avoiding emotional turmoil. 7. Accountability: Taking responsibility for trading decisions. _The Psychology of Successful Trading:_ 1. Mindset: Focusing on process over outcome. 2. Emotional Intelligence: Recognizing and managing emotions. 3. Decision-Making: Logical, systematic, and data-driven. _Cultivating These Traits:_ 1. Practice and repetition. 2. Self-reflection and journaling. 3. Mentorship and community support. 4. Continuous education and training.

Your trading approach is a great example of how strategies can be: 1. Multi-faceted 2. Adaptive 3. Timeframe-agnostic 4. Focused on market dynamics _Breaking Down Your Approach:_ *Macro Analysis (Pre-Market)* 1. Monthly, weekly, daily charts: Understanding price movements (7-15 days) 2. Daily chart focus: 5-day outlook, including current day *Micro Analysis (Intraday)* 1. 4-hour chart: Identifying key price zones for European and American sessions 2. Visual cues: Marking areas of interest 3. 1-hour and lower timeframes: Refining entries, monitoring 1-minute chart *Market Awareness* 1. Price dynamics tracking 2. Liquidity evaluation 3. Market sentiment assessment (bullish/bearish) _The Abstract Nature of Trading Strategies:_ 1. No single definition or label 2. Constant evolution and adaptation 3. Integration of multiple analysis techniques 4. Emphasis on market understanding over rigid rules.

Your trading approach is a great example of how strategies can be: 1. Multi-faceted 2. Adaptive 3. Timeframe-agnostic 4. Focused on market dynamics _Breaking Down Your Approach:_ *Macro Analysis (Pre-Market)* 1. Monthly, weekly, daily charts: Understanding price movements (7-15 days) 2. Daily chart focus: 5-day outlook, including current day *Micro Analysis (Intraday)* 1. 4-hour chart: Identifying key price zones for European and American sessions 2. Visual cues: Marking areas of interest 3. 1-hour and lower timeframes: Refining entries, monitoring 1-minute chart *Market Awareness* 1. Price dynamics tracking 2. Liquidity evaluation 3. Market sentiment assessment (bullish/bearish) _The Abstract Nature of Trading Strategies:_ 1. No single definition or label 2. Constant evolution and adaptation 3. Integration of multiple analysis techniques 4. Emphasis on market understanding over rigid rules.

MetaTrader 4 is a Windows application, but it can be installed on Linux Mint 19 and other Linux distributions using Wine. Wine allows Windows applications to run on non-Windows platforms by replicating necessary Windows libraries. While setting up MT4 on Linux is straightforward with Wine, these instructions specifically apply to Linux Mint 19, though other distributions may require different steps. In contrast to earlier versions, Linux Mint 19 comes with a compatible version of Wine, so there’s no need to add additional sources. To install Wine, open the terminal by searching for "Terminal" or using the Ctrl+Alt+T shortcut.

MetaTrader 4 is a Windows application, but it can be installed on Linux Mint 19 and other Linux distributions using Wine. Wine allows Windows applications to run on non-Windows platforms by replicating necessary Windows libraries. While setting up MT4 on Linux is straightforward with Wine, these instructions specifically apply to Linux Mint 19, though other distributions may require different steps. In contrast to earlier versions, Linux Mint 19 comes with a compatible version of Wine, so there’s no need to add additional sources. To install Wine, open the terminal by searching for "Terminal" or using the Ctrl+Alt+T shortcut.

Here's a summary of trading with 1$ on Binance: *Pros:* 1. Low minimum trade requirement ($1) 2. Access to various cryptocurrencies 3. Practice trading with minimal risk 4. Familiarize yourself with Binance platform *Cons:* 1. High transaction fees (relative to trade size) 2. Limited leverage options (margin, futures) 3. Potential for significant price swings 4. Small profit margins *Considerations:* 1. Trading fees: 0.1% maker, 0.2% taker (min $0.10) 2. Order types: Market, Limit, Stop-Limit 3. Cryptocurrency selection: 100+ options 4. Risk management: Set stop-loss, limit positions *Strategies:* 1. Dollar-cost averaging 2. Scalping (small, frequent trades) 3. Range trading (buy/sell within price range) *Risks:* 1. Market volatility 2. Liquidity risks 3. Trading fees eat into profits *Tips:* 1. Start with stablecoins (USDT, BUSD) 2. Set realistic expectations 3. Monitor and adjust strategies 4. Educate yourself on trading best practices Keep in mind: - Trading with $1 may not be profitable due to fees. - Binance has minimum trade requirements for some cryptocurrencies. - Always prioritize risk management. Thank you

Here's a summary of trading with 1$ on Binance: *Pros:* 1. Low minimum trade requirement ($1) 2. Access to various cryptocurrencies 3. Practice trading with minimal risk 4. Familiarize yourself with Binance platform *Cons:* 1. High transaction fees (relative to trade size) 2. Limited leverage options (margin, futures) 3. Potential for significant price swings 4. Small profit margins *Considerations:* 1. Trading fees: 0.1% maker, 0.2% taker (min $0.10) 2. Order types: Market, Limit, Stop-Limit 3. Cryptocurrency selection: 100+ options 4. Risk management: Set stop-loss, limit positions *Strategies:* 1. Dollar-cost averaging 2. Scalping (small, frequent trades) 3. Range trading (buy/sell within price range) *Risks:* 1. Market volatility 2. Liquidity risks 3. Trading fees eat into profits *Tips:* 1. Start with stablecoins (USDT, BUSD) 2. Set realistic expectations 3. Monitor and adjust strategies 4. Educate yourself on trading best practices Keep in mind: - Trading with $1 may not be profitable due to fees. - Binance has minimum trade requirements for some cryptocurrencies. - Always prioritize risk management. Thank you

Synchronous and Asynchronous Execution "... Synchronous trade operation methods, send requests to the server and wait for the server response, then pass execution to the statements that follow. In asynchronous operation, when a request is send to the server, the program continues to execute the next statements, without waiting for the response from the server. The statements that follow the asynchronous trade operation request cannot assume anything about the result of those requests. For example, if the program sends a request to execute a market order and then continues to place a limit order, the request to place a limit order will most probably be send to the server before the response is received, that position is opened, for instance. When the server response is received, the program can pass execution control to a callback function, then the necessary statements will be executed according to whether the operation was successful or not. We cover callbacks at the end of this section. The benefit of using asynchronous execution is that a potentially time consuming process of waiting for the response from the server is avoided. Instead, execution continues and when the response arrives, control is passed to a callback if one is specified. Do not confuse asynchronous operation with multi-threading. At any given time only one method can be invoked. cAlgo never invokes your methods in parallel so you don’t have to worry about multi-threading issues...."

Synchronous and Asynchronous Execution "... Synchronous trade operation methods, send requests to the server and wait for the server response, then pass execution to the statements that follow. In asynchronous operation, when a request is send to the server, the program continues to execute the next statements, without waiting for the response from the server. The statements that follow the asynchronous trade operation request cannot assume anything about the result of those requests. For example, if the program sends a request to execute a market order and then continues to place a limit order, the request to place a limit order will most probably be send to the server before the response is received, that position is opened, for instance. When the server response is received, the program can pass execution control to a callback function, then the necessary statements will be executed according to whether the operation was successful or not. We cover callbacks at the end of this section. The benefit of using asynchronous execution is that a potentially time consuming process of waiting for the response from the server is avoided. Instead, execution continues and when the response arrives, control is passed to a callback if one is specified. Do not confuse asynchronous operation with multi-threading. At any given time only one method can be invoked. cAlgo never invokes your methods in parallel so you don’t have to worry about multi-threading issues...."

UPDATED FOR UBUNTU 16.06 LTS HERE And here if you're looking for Ubuntu 18.04 LTS MetaTrader 4 is a Windows based application, but it can be installed on alternative OS' and even OSX through the use of software called "Wine". Wine aims to reproduce the windows libraries required to run windows apps on non-windows platforms. Getting MT4 to run on Linux with Wine is relatively easy, however, the instructions below are for Ubuntu 14.04 LTS.. your mileage may very on other Linux distros. From the terminal: apt-get update apt-get install wine Or from the Ubuntu Software Center, search "wine" and install the wine meta package (aptly called "wine".) apt-get or the USC will make sure you get all the required fonts and packages needed. Once wine is installed, it's time to download and install MT4: Grab your desired broker's MT4 installer package. (The broker I'll be using in this tutorial is Pepperstone Financial, but this process should work with any MT4 broker.) Ubuntu 14.04 LTS sets the file manager to associate windows installers and apps to open with the "wine windows program loader" as an optional way of loading once wine is installed, so we start the MT4 install package by right clicking the install package and opening with the "wine windows program loader" option. It's that easy. Right click on installer file > Open With > "wine windows program loader" Alternatively, you can run wine from the terminal, if you feel so inclined, just change to your downloads directory and "wine installer.exe. Loading for the first time might take a moment, so be patient instead of trying to open it a few times in a row.. you'll just end up with multiple installers started. Now go through the installer process. By default the installer launches MT4 upon completion and it sets an icon on your desktop. Wine knows to put the icon on your desktop and you can now launch MT4 from there moving forward. And that's it! Enjoy your MT4!

UPDATED FOR UBUNTU 16.06 LTS HERE And here if you're looking for Ubuntu 18.04 LTS MetaTrader 4 is a Windows based application, but it can be installed on alternative OS' and even OSX through the use of software called "Wine". Wine aims to reproduce the windows libraries required to run windows apps on non-windows platforms. Getting MT4 to run on Linux with Wine is relatively easy, however, the instructions below are for Ubuntu 14.04 LTS.. your mileage may very on other Linux distros. From the terminal: apt-get update apt-get install wine Or from the Ubuntu Software Center, search "wine" and install the wine meta package (aptly called "wine".) apt-get or the USC will make sure you get all the required fonts and packages needed. Once wine is installed, it's time to download and install MT4: Grab your desired broker's MT4 installer package. (The broker I'll be using in this tutorial is Pepperstone Financial, but this process should work with any MT4 broker.) Ubuntu 14.04 LTS sets the file manager to associate windows installers and apps to open with the "wine windows program loader" as an optional way of loading once wine is installed, so we start the MT4 install package by right clicking the install package and opening with the "wine windows program loader" option. It's that easy. Right click on installer file > Open With > "wine windows program loader" Alternatively, you can run wine from the terminal, if you feel so inclined, just change to your downloads directory and "wine installer.exe. Loading for the first time might take a moment, so be patient instead of trying to open it a few times in a row.. you'll just end up with multiple installers started. Now go through the installer process. By default the installer launches MT4 upon completion and it sets an icon on your desktop. Wine knows to put the icon on your desktop and you can now launch MT4 from there moving forward. And that's it! Enjoy your MT4!

If not running an EA then I agree with Rod. The issue is reliability, not speed. Speed and closeness to execution centres are great selling points but they are mostly moot. If you're seriously into HFT then you don't need this thread. Otherwise, speed is not likely to be an issue as you still need to send orders from your computer to a VPS anyway, so there is no effective speed benefit if you have a decent broker and reasonable connection to the net. Of course, one possible situation which could override the above is need for mobile access. This too can be solved by linking back to your own setup or just hooking into whatever your broker provides but if these present problems there might be a role for accessing a VPS. Mind you, a really good setup that provides reliability from home is a bit of work to set up and maintain and involves some expense so many people will still find they need to make a choice between a VPS and winging it with nothing special. I have used VPSs but now prefer not to use them. Interestingly, I didn't find them fast at all and still experienced issues with accessing them when let down by my telco on two occasions and by a bigger net issue a couple of times. Fortunately the access reliability has improved, but it left uncomfortable memories. Of course there are different types of EA and while you may not be interested in a 'robot that trades for you' it may be that a trade manager that takes care of positions you open could be of enough benefit to make a VPS worth considering. It's all horses for courses.

If not running an EA then I agree with Rod. The issue is reliability, not speed. Speed and closeness to execution centres are great selling points but they are mostly moot. If you're seriously into HFT then you don't need this thread. Otherwise, speed is not likely to be an issue as you still need to send orders from your computer to a VPS anyway, so there is no effective speed benefit if you have a decent broker and reasonable connection to the net. Of course, one possible situation which could override the above is need for mobile access. This too can be solved by linking back to your own setup or just hooking into whatever your broker provides but if these present problems there might be a role for accessing a VPS. Mind you, a really good setup that provides reliability from home is a bit of work to set up and maintain and involves some expense so many people will still find they need to make a choice between a VPS and winging it with nothing special. I have used VPSs but now prefer not to use them. Interestingly, I didn't find them fast at all and still experienced issues with accessing them when let down by my telco on two occasions and by a bigger net issue a couple of times. Fortunately the access reliability has improved, but it left uncomfortable memories. Of course there are different types of EA and while you may not be interested in a 'robot that trades for you' it may be that a trade manager that takes care of positions you open could be of enough benefit to make a VPS worth considering. It's all horses for courses.

- Tracking performance and journaling - Refining trading strategies - Staying adaptable and open to learning - Building a support network and community

- Tracking performance and journaling - Refining trading strategies - Staying adaptable and open to learning - Building a support network and community

Unless you are scalping and require very low latency or have internet reliability issue (ie maybe live in a remote area) I believe that setting up your own 24/5 server (with UPS etc) is a better option than a VPS.

Unless you are scalping and require very low latency or have internet reliability issue (ie maybe live in a remote area) I believe that setting up your own 24/5 server (with UPS etc) is a better option than a VPS.

- News sources and market analysis websites - Economic calendars and event tracking - Market sentiment analysis - Social media and community engagement

- News sources and market analysis websites - Economic calendars and event tracking - Market sentiment analysis - Social media and community engagement

I started in Forex trying to use EA's (some I bought and some I wrote) because I was driving a truck and did not have time to live trade. I found that the broker provided VPS's (two different brokers) had very poor response times. It was almost impossible to change parameters or manage the EAs. I found private VPS's provide much better response. I may start to use a VPS for trade opening EAs- there are some that "buy or sell the bounce" that will act like a pending limit order but only open a trade when price bounces back above/below a certain level. I may try using them with ICT Trade setups. There are also trade copying EAs that allow you to copy trades from one account to others others. That may come in handy for me.

I started in Forex trying to use EA's (some I bought and some I wrote) because I was driving a truck and did not have time to live trade. I found that the broker provided VPS's (two different brokers) had very poor response times. It was almost impossible to change parameters or manage the EAs. I found private VPS's provide much better response. I may start to use a VPS for trade opening EAs- there are some that "buy or sell the bounce" that will act like a pending limit order but only open a trade when price bounces back above/below a certain level. I may try using them with ICT Trade setups. There are also trade copying EAs that allow you to copy trades from one account to others others. That may come in handy for me.

- MetaTrader and other trading platforms - Custom indicators and EA development - Market analysis tools and software - Community resources and forums

- MetaTrader and other trading platforms - Custom indicators and EA development - Market analysis tools and software - Community resources and forums

I use vps for my trading. here's why. When I first started trading I spent years trading with ea's. Than I started focusing on my manual trading. The problem for me was I also run an electrical contracting business and because of that I cannot sit in front of the charts. My option was to have a stripped down mobile version of mt4 or to set up a vps + remote desktop protocol The vps + rdp was a perfect setup for me. It is kind of like cloud computing. I am able to set my charts up on my vps and than view them across any devices including my laptop, tablet or phones. It is a perfect solution for me. I use W2 Cloud for my vps (no affiliation at all) and there are numerous free or small fee rdp apps. W2 cost about $15 a month.

I use vps for my trading. here's why. When I first started trading I spent years trading with ea's. Than I started focusing on my manual trading. The problem for me was I also run an electrical contracting business and because of that I cannot sit in front of the charts. My option was to have a stripped down mobile version of mt4 or to set up a vps + remote desktop protocol The vps + rdp was a perfect setup for me. It is kind of like cloud computing. I am able to set my charts up on my vps and than view them across any devices including my laptop, tablet or phones. It is a perfect solution for me. I use W2 Cloud for my vps (no affiliation at all) and there are numerous free or small fee rdp apps. W2 cost about $15 a month.

I use a VPS. Specifically, this one. If you're not using it for EAs or tick collection, there isn't a lot of advantage to paying for one. The one key factor though is the reliability of the internet connection at your VPS provider can be much better than the connection you have at home. Especially if you're in an area of the world that isn't known for rock solid stable internet. For running EAs where the terminal has to be connected to manage your positions (and thus, risk,) this is rather important. Cost can be a non-issue.. often they are cheap to begin with, and most brokers will sponsor you these days if you do enough trading volume or meet minimum deposit requirements. For manual traders though, I can't see much use in one.

I use a VPS. Specifically, this one. If you're not using it for EAs or tick collection, there isn't a lot of advantage to paying for one. The one key factor though is the reliability of the internet connection at your VPS provider can be much better than the connection you have at home. Especially if you're in an area of the world that isn't known for rock solid stable internet. For running EAs where the terminal has to be connected to manage your positions (and thus, risk,) this is rather important. Cost can be a non-issue.. often they are cheap to begin with, and most brokers will sponsor you these days if you do enough trading volume or meet minimum deposit requirements. For manual traders though, I can't see much use in one.

I'm in the slow process of laying out my full technical setup for real trading, and I notice a lot of brokers offer "free" or discounted VPS services (on contract with a company). Now, I do not and will not be running an EA, so most of the utility I perceive from a VPS goes away. However, I was thinking about the subject, and here's the Pros & Cons I could come up. Pros: - "Faster" execution - Personal Setup Failure Protection - Simplification of Technical Setup - Off-sight Backup Cons: - Extra Point of Failure - Off-site Security Exposure - Cost I have no experience with VPS directly (plenty with handling remote servers, though), but I can't see much utility, as I don't run EAs. Am I missing anything in the calculation

I'm in the slow process of laying out my full technical setup for real trading, and I notice a lot of brokers offer "free" or discounted VPS services (on contract with a company). Now, I do not and will not be running an EA, so most of the utility I perceive from a VPS goes away. However, I was thinking about the subject, and here's the Pros & Cons I could come up. Pros: - "Faster" execution - Personal Setup Failure Protection - Simplification of Technical Setup - Off-sight Backup Cons: - Extra Point of Failure - Off-site Security Exposure - Cost I have no experience with VPS directly (plenty with handling remote servers, though), but I can't see much utility, as I don't run EAs. Am I missing anything in the calculation

- Hedging strategies - Scalping techniques - Day trading and swing trading - Position trading and long-term investing

- Hedging strategies - Scalping techniques - Day trading and swing trading - Position trading and long-term investing

- Overcoming fear, greed, and emotional decision-making - Building confidence and discipline - Developing a growth mindset - Managing stress and pressure

- Overcoming fear, greed, and emotional decision-making - Building confidence and discipline - Developing a growth mindset - Managing stress and pressure

Title says it all, I'm looking to start collecting tick data from various sources in real time and store it for analysis at a future date. I know I can find historical tick data and just test against that, but I'm actually interested in broker specific feeds and the differences between them. I've also google-foo'd my way to find a few packages and scripts that claim to do this, but I was hoping someone here might already have gone down this road and could share their experiences and any tools used.

Title says it all, I'm looking to start collecting tick data from various sources in real time and store it for analysis at a future date. I know I can find historical tick data and just test against that, but I'm actually interested in broker specific feeds and the differences between them. I've also google-foo'd my way to find a few packages and scripts that claim to do this, but I was hoping someone here might already have gone down this road and could share their experiences and any tools used.

- Defining trading goals and risk tolerance - Identifying market conditions (trends, ranges) - Entry and exit strategies - Position sizing and risk management

- Defining trading goals and risk tolerance - Identifying market conditions (trends, ranges) - Entry and exit strategies - Position sizing and risk management