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October 31, 2018

Question:Any trading strategy restrictions on Tickmill MT4? What is not allowed?

Answer:

Tickmill allows any kinds of trading strategies on MT4 platforms.

No matter what kind of currency pairs you are trading, you will need a set of sound trading strategies.

Here are some of the most common trading approaches to trade the major currency pairs.

Scalping

The key principle behind scalping is making a lot of small trades and profit on small price changes.

Day Trading

Day traders tend to close their positions when the market closes to avoid the added costs and risks of holding a position overnight.

Position Trading

The main tenet of position trading is holding a position for a long period of time – from several days to a few weeks or even months.

News Trading

This trading strategy involves trading around a major news event or data release aiming to profit from volatility that might occur following the event.

Swing Trading

Swing traders rely primarily on technical indicators to find short-term price patterns to trade, aiming to lock in gains in short periods of time.

Trend Trading

This is a long-term strategy where traders capitalise on trends that entail large moves in the markets.

Positions are usually held open as long as the trend lasts.

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