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Timely trade execution is always essential here

Discussion in 'General Trading Forum' started by LorrainMor, May 26, 2019.

  1. LorrainMor

    LorrainMor

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    Timely trade executions can offer a foreign currency exchange trader desired level of profit margin in the competitive field of forex. In case of trade executions a trader should bestow complete attention on making swift trade decisions. Every trader should pick up a technically modern trading platform that will allow him re-quote and slippage free appropriate, fastest and arranged trade executions so that the access to market can be easier any moment.
     
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  3. Lee Mark

    Lee Mark

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    If we want to trade with a fast and technical error free trading platform then obviously we should trade with transparent FX brokers only; because market maker brokers are unable to unsure such a smooth live trading experience.
     
  4. lioneld

    lioneld

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    No doubt on it! But trading is all about traders trading skill; no one can rely on others trading system or result! Without own trading skill making money is impossible here!
     
  5. Mazi

    Mazi

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    I think that concept of timely trade execution can be executed by traders with experience. I dont think that new traders will be able immediately to spot right entry and exit points from time perspective. Certainly, they will learn it during time spent on trading account
     
  6. chapinvestor

    chapinvestor

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    I have emphasized this thousands of time. Execution speed is very necessary for successful trades. There are no two ways about it. If a server is slow, it will cause order delays and slippages. It is also one of the major cause of too many requotes.
     
  7. radex78

    radex78

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    Choosing a broker is very important here in forex trading because as a trader will regret if they joined on the scammed broker, trading forex need time to spend in the learning process, fast execution no requote is good for scalping
     
  8. Lee Mark

    Lee Mark

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    You are correct; slow server is an important issue here! This is why, we traders need to choose our broker carefully!
     
  9. bolide

    bolide

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    Agreed Chapinvestor, you have made a very good point here. I am always using regulated brokers and havent experienced this issue, but some of my friends have. They incurred heavy losses on a several occasions because of very slow servers and execution of their trading orders
     
  10. lioneld

    lioneld

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    That’s the real benefit of using the regulated FX broker; a smooth trading environment! Besides; trading with a non-regulated broker risky!
     
  11. lioneld

    lioneld

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    In this case I use support/resistant levels as like stop loss & take profit! I don’t open any trade in the middle run!