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'At TraderCafe, we are comitted at making forex trading accessible and understandable to everyone through a monitored risk approach.'

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FAQ

Please read this disclaimer as it is very important that you understand risks associated with Forex trading.
(*)Without proper risk management, this high degree of leverage can lead to large losses as well as gains.


Q1 : What is TraderCafe?

Q2 : What is Forex ?

Q3 : How to trade Forex ?

Q4 : How much money do I need to start trading?

Q5 : How specific are your trading signals?

Q6 : Does it matter where I live??

Q7 : How frequent will I receive your signals?

Q8 : When do you send signals/How much time can last a trade?

Q9 : Do your entry and exit price already include the spread (when sent and on performance page)?

Q10 : How can i subscribe?

Q11 : and if ever you experience a drawdown?

Q12 : What are the third parties recommendations?

Q13 : I subscribed to the newsletter in order to receive third parties recommendations but i did not receive one yet...?

Q14 : Another question?



Q1 : What is TraderCafe ?(*)

First let read our objectives.
Backstage, TraderCafe.net trading team is composed mainly of two experienced traders who spent years to learn trading forex through different approaches.

We met a few years ago and discovered we had the same passion : trading currencies. It's why we decided to combine our trading experiences with a main goal in mind : minimize the risk while trying to reach a reccurrent profit on trading Forex.

We developped a strategy to detect high potential trade oppurtinities and we focused on a proper money management that fits our aversion to risks. We always traded on a mini-accounts because we simply wanted to reach a reccurent profit without investing much money in the market and we are successful on that approach as you can see on our performance page.
The next step became naturally to share our results and trades to the same type of traders as we.

In summary, we are providing signals to buy/sell currency pairs and free recommendations.

Q2 : What is Forex ?

Forex stands for foreign exchange market. You can find more information here.

Q3 : How to trade Forex ?

Please read our specific page here to learn how you can have an access to the Forex market.

Q4 : How much money do I need to start trading?

You can start strading with amount as low as 200$ on mini-account or micro-account. You can find more information on brokers allowing such account types here.

Q5 : How specific are your trading signals?

You can find more information on our signals here.
Our signals are sent by emails and are mainly limit orders sent enough time before potential entry, so no stress to check each five minutes and you can therefore easily replicate our performance.

Signals are always sent with a stop loss, take profit limit, expiry date and position sizing for money management.

Q6. Does it matter where I live?

Although our customer base is primarily Europeans, TraderCafe.NET signal service can be accessed and implemented from anywhere in the world as long as you have an internet connection or a portable e-mail device / mobile phone.

Q7 : How frequent will I receive your signals?

We usually send around 3 to 5 signals a week as we target high potential trades but it really depends on market conditions and all signals are not necessarily filled in as we do not send direct market orders.

Q8 : When do you send signals/How much time can last a trade?

A Signal can be sent at anytime but you have usually hours or days to enter it before the market come to that price.
Trades can last from a few hours to two weeks depending on market conditions.

Q9 : Do your entry and exit price already include the spread (when sent and on performance page)?

Yes, we use the spread from the most used (by our subscribers) platform : Oanda but we always check with our long time subscribers if they entered a trade or not (if ever it reverses very close to entry price), and if they did not enter then we do not include the trade in our results (except if negative).
You can find these spreads here.

Q10 : How can i subscribe?

You can subscibe through our Trade Signals page. Just type in your email and you will be redirected to Paypal payment system.

Q11 : and if ever you experience a drawdown?

A consequent drawdown always remains possible but since the system started you can see that no huge drawdown occurred. We are working with position sizing to reduce losses on wide stop single trades and always keep a consistent profit/loss ratio. We are also always concerned about minimizing risk exposure and sometime we prefer staying aside when the market become very volatile.

Q12 : What are the third parties recommendations?

On a daily basis, we receive several trading recommendations from popular professionnal sources (free source or affiliate free sources). Then we combine a set of indicators and specific criterias to build our propriatary indicator and ajust the trade if needed. The trade is then published on the main page and results is dispayed. We strongly recommend to be very careful while trading these alerts as there is no associated money management and moreover the performance is hypothetical.
These recommendations have nothing to do with our trade signals and are only there for further researchs.
You can find more information here.

Q13 : I subscribed to the newsletter in order to receive third parties recommendations but i did not receive one yet...?

We only send third parties recommendation with at least a good confidence level otherwise you would receive too much mails (and surely with negative performance). Between 27th February 2008 and 30th April 2008, only three recommendations were sent... we are always looking for new quality third parties, feel free to suggest here.

Q14 : Another question?

If you do not find answers to your questions here, please do not hesitate to use our Feedback/Question form, we will answer as promptly as possible.

 


'Without proper risk management, a high degree of leverage can lead to large losses as well as gains.'
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