Frequently Ask Question

Q. 21 What is average stop loss on signal?

Our all signals average stop loss is 30 to 50 pips. We are always up to date and send each and every updates to our clients. So our subscribers are always safe.

Q. 22 Why less or no loss in your performence?

Our forex signals are generated and provided by our professional team with years of experience. So we have less loss. To avoid loss we may even close our trade before they reach desired position. If we lose in one trade, our team recovers it in another trade. We may even recover bad days loss at other days

Q. 23 Do you provide any guideline about using your sinal?

We always encourage our trader to learn strategy and provide guideline upon query of the subscribers. By following our signal our traders may also develop their own strategy.

Q. 24 Risk Management in Forex Trading?

The risks can be high but also controllable. Forex traders around the world are competing against other forex traders, banks, and institutional traders who are seeking the same potential rewards from their own trading activities. Money management, discipline, talent, and a lack of emotion are traits you will want to develop in FOREX trading. But remember, FOREX Trading is speculative and any capital used should be risk capital. In fact, there are many ways to avoid high Forex risks, but the primary tools used by most traders are stop losses, take profits, and limit orders. Using these tools, you can minimize your risks while maximizing your potential for profits.

Q. 25 What is Spread in Forex Trading?

The spread is the amount of pips between the bidding price and the asking price is called the spread. The spread is what forex brokers use to make money on every forex trade placed through their network . As example, the forex broker may be paying a price of 1.3500 for buying or selling. The broker will then allow you to buy the currency for 1.3501 or sell it for 1.3499. The spread always stays around the actual price that the forex broker is paying. So when you buy, you get one end of the spread and when you sell you get the other end of it, and vice versa. By the time you close your trade, you will have always paid the spread. Spread depends on the broker houses and Daily Pips Signal does not have any say regarding spread it solely depends on market and broker houses. Daily Pip Signal provide signal based in MT4 Trading Platform.

Q. 26 What is forex pips?

A pip is a number value. In the Forex market, the value of currency is given in pips. One pip equals 0.0001, two pips equals 0.0002, three pips equals 0.0003 and so on. One pip is the smallest price change that an exchange rate can make. Most currencies are priced to four numbers after the point. For example, a five pip spread for EUR/USD is 1.2530/1.2535.In the major currencies, the price of the Japanese yen does not have four numbers after the point. In USD/JPY, the price is only given to two decimal points so a quote for USD/JPY looks like this: 114.05/114.08. This quote has a three pip spread between the buy and sell price.

Q. 27 What is Forex leverage?

Leverage in Forex is a loan that is provided by the Forex broker to an investor. When an investor decides to invest in the Forex market, he/she must first open up a margin account with a broker. The broker then allows the investor to trade over and beyond the actual amount of money he has on deposit. Usually, the amount of leverage provided is either 50:1, 100:1 or 200:1, depending on the broker and the size of the position the investor is trading. In Forex, investors use leverage to profit from the fluctuations in exchange rates between two different countries. The leverage that is achievable in the forex market is one of the highest that investors can obtain.

Q. 28 I still have more question?

If you have more question please contact support@dailypipssignal.com