Playing safe, it that's a thing :)

I think calling out names of such unscrupulous brokers might be a way of helping each other here

 

I am not a full time stock trader, but I do agree on what you said.

 

Strategy that’s worked out pretty well for me so far is the market opening gap. So I basically look at the opening range for a good 1st minute of trading. Once it looks good, I then enter and order to buy at the high of the market's 1st 1-minute candle. Not to forget, I simultaneously put the stop loss order at the candle’s low point. This strategy panned out well while I traded with fxview and FXTM both so I guess it’s good.

 

Any chance you tried buy the dip day trading strategy? Looking to buy a small pullback in the upside trend seems simple or so in theory?

 

I prefer to trade on major pairs most of the time EUR/USD and USD/JPY.

 

If you’re able to identify the trend and the level at which the price could pullback for continuation and managing risk, you’re good to go. But that’s the risky part of it all

 

From what I reckon, that’s playing safe

 

I’m quite fascinated with the MT5 platform but want to try demo trading first. Is there any difference between MT5 demo and live trading?

 

I’d be lying if I say there’s no difference. But the simulated trading does give you a better picture about the 2 market orders, 2 stop orders, 6 pending order types, and trailing stop offered by the MT5 platform.

 

Trying a demo is not bad but remember that you won’t have a first-hand experience with re-quotes and slippage. This is something you’ll experience when live trading.