Hello guys, im totally newbie..want to invest in forex...can suggest me what platform is the best and also thinking use bot to trade..issit good? what bot suggest please...i think bot is better than me

nobody invest in forex... everyone here is gambling... just some better than others...

Whats the size of capital you want to start with?

Bot are not as reliable as human trader, and probably good for small exposure to limit risk.

Forex is world largest casino, it’s more on risk management. If you are good, you can profit almost everyday - easily. Just because yourself probably never make good money from forex, doesn’t mean forex is not good at all.

woosh...

Also doesnt mean you think you good, you cannot kiss margin calls, lol.

Reality right.

Bot is better than human because it followed a fixed Rules.

However, Fixed rule will not be valid in extremely dynamic forex market over time.

If the EA come with averaging & Martingale = Suicide type of EA.

Find a good platform having strong TRADE RECORD & CONSISTENCY & let the pro do the jobs.

Set your return expectation reasonable.

For Non-pro is it a gamble of buying Big or Small.

But for pro, they trade with proper RR, they will win in long run.

Margin Call only happen because of:
1. Overtrading (Lot size not fit to account balance.)
2. No SL (Keep averaging and hope market will rebound)

With proper risk management, margin called is not so easily hit unless you loss back2back for 100trades with every trade risk 1%.

last month lose 1 condo, yesterday win 1 car?

I won iphone 13 when i trade with high risk system (NO SL & Averaging), but the next month i loss iphone 13 Plus.

The moral or the story in this bad experience is not how much u can earn in 1month, but how much u can keep and earn it consistently over a long period of time.

Which is why you need to trade less and long hold or short based on macro

Great advise to me and everyone in forex market..

This what’s we called positioning and you need to position the best to endure any volatility

should have...

1. position... as FD
2. swing... as salary / regular income
3. scalping... as toto 4D for some daily excitement...

Swing not for everyone.. Ready for big Floating.. Haha

nobody invest forex la...

we all trade it... haha

Big money big monayyy

I also using EA to trade....

Using small lots to trade...

plan to withdraw next week.

here is my result exactly traded for one month... +28.41%

For pro trader, forex is type of business.

The business that you can:
1. Set your maximum loss & exit anytime u want, traditiona business cant.
2. Scalability, ur profit potential almost no limit
3. There is not competitor risk for business, because the cake almost infinity size.

based on your previous post i see that you're using copy trade.... you better pray your trader can keep being profitable. Also pray that he dont die lol