What’s The Minimum And Maximum You Can Trade – FAQ

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Finding minimum and maximum

I need to write a repetition program that gets 5 numbers and show the max and the min numbers. I got this for the moment but does’t work.

This just shows 1 ans 0 as max and min. What’s the problem behind my logic?

3 Answers 3

Include the following header file:

. then change the following:

. and change the following:

. the entire program could be written as follows:

Remark:

The logical operator > and returns true or false (hence any non-zero integer, 1 for true or 0 for false ). What you are intending to do is mutate the maximum and minimum values with respect to that result, and hence the ? and : operators are required. Alternatively, you can use the control flow statement if as follows:

You should also have your main function specifying that no arguments should be passed to it by using the special void parameter, as follows:

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

The use of function declarators with empty parentheses (not prototype-format parameter type declarators) is an obsolescent feature.

What’s The Minimum Amount Needed To Start Forex Trading?

With most brokers offering accounts with as little as $500 initial investment, and some going as low as $100, it’s easy to sign-up and get started in Forex with almost any budget.

But is the minimum really enough to trade effectively?

As you’ll see, it’s more complicated than a simple yes/no answer. The minimum amount you need will depend partly on your trading style, your broker, and whether you intend to use any profits as a side-income (or main income).

Putting Risk Management Before Quick Profits

Regardless of what your analysis and instincts tell you, there’s no sure thing in trading; even the most profitable traders have runs where every decision they make is wrong. Your first objective when depositing should be to have a large enough balance that an unfortunate losing run doesn’t leave you broke.

Of course, if you aren’t a profitable trader, no amount of risk management will prevent your budget from drying-up eventually. Risk management measures are there to reduce the chances that a profitable trader will take damaging losses due to an unusual losing streak.

Ideally, you should not risk more than 1% of your balance in a trade. This rule means your starting balance should be at least 100 times greater than your maximum risk in the trades you’re making.

Pips, Lots, and Risk

The Forex market moves up and down in pips (price interest points), which are calculated using the last decimal point in the exchange rate. Most (but not all) currency pairs are priced to four decimal points. For example, if the GBP/USD is priced at 1.3435 and moves to 1.3437, it’s moved two pips. If it then goes to 1.3537, that’s a 100-pip move.

Forex enables you to trade currency pairs in 1000, 10,000 and 100,000 units, which are called micro, mini, and standard lots respectively. Users with smaller starting capitals will normally be trading micro lots.

In pairings where the USD is listed second, a pip is always worth $0.0001. So, when you trade micro lots of 1000 units, one pip of movement will gain or lose you $0.10 (found by multiplying pip cost by the number of units). In other pairings, the value of the pip will depend upon the second currency listed.

Assuming you trade just one micro lot and set a stop loss of 10 pips, you could conceivably trade with $100 without breaking the 1% rule, because 1000 units x 10 pips x $0.0001 = $1.

Although you could start with $100, we wouldn’t recommend it, because having a very small account puts you at a significant disadvantage.

The Problems With Starting With a Small Account

There are three problems when starting with a very small account size:

1. Insignificant Gains Are Frustrating

When your hard work and good decision-making result in gains of just a dollar or two, you might be left thinking about what would have happened if you had been able to trade more units. Many beginners feel this frustration, particularly when they start to have a bit of success – it’s easy to think ‘if only I’d taken a bigger risk.’

That thought process is just one step away from breaking the 1% rule. Once you’ve done that, your balance is at significant risk (no matter how good your decisions are). Traders who are keen to use their profit as a side income are particularly prone to making this mistake because they put pressure on themselves to start making larger profits immediately.

2. A Small Balance Limits You To Day Trading

A stop-loss of 10 pips is ok for day trading, but what if you want to use a different strategy? Some traders prefer swing trading, which is when you hold your position for a few days or even a couple of weeks to gain from longer-term movements.

This style of trading requires a higher stop-loss, often at least 20 to 50 pips. To hold these positions without using more than 1% of your account will require a starting balance of $2,500+.

3. Your Cost-Per-Trade Is Higher When You Have a Small Balance

Most brokers charge users with larger accounts less per trade, which means that those starting with a very small account pay the highest fees (as a percentage of their trades). The wider the spread, the harder it is to make a profit – which makes it even harder for beginner traders to make their first profits.

Considering all of the above, a good starting budget for day-trading is $1000, although $500 will do. Never deposit what you cannot afford to lose (and replace) – it’s unlikely you’ll hit on a winning strategy immediately. This starting balance should be increased to at least $2500 if you want to swing-trade instead of day-trade.

Another good option is to open a free demo account and try out different strategies for no cost at all. This method allows you to get some experience before you put your money on the line – and you’ll be that much more likely to succeed when you do then start trading for real money later on.

What could be the possible noun of the time between the minimum and maximum?

I’m developing a Timer App and I have a trouble thinking in what could be the appropriate noun for this time.

Right now, I’m using the expression Average Time. However, I don’t think it’s the proper one neither in English nor in my native tongue Spanish. Do you have any suggestion of a more professional word? Thanks in advanced for your worthy knowledge.

Additional information:

The behaviour is like a traffic light:

  • Green is the minimum, you can continue.
  • Yellow is a warning that you can continue, but your time is almost done.
  • Red is the limit and you must finish.
  • 1 to 2 minutes.
    1. Green means 1:00 minute.
    2. Yellow means 1:30 minutes.
    3. Red means 2:00 minutes.
  • 5 to 7 minutes.
    1. Green means 5:00 minutes.
    2. Yellow means 6:00 minutes.
    3. Red means 7:00 minutes.
  • 10 to 15 minutes.
    1. Green means 10:00 minutes.
    2. Yellow means 13:00 minutes.
    3. Red means 15:00 minutes.
  • 20 to 30 minutes.
    1. Green means 20:00 minutes.
    2. Yellow means 27:00 minutes.
    3. Red means 30:00 minutes.

If there is any Toastmaster out here or any of you have ever visited our meetings, you could have an extra idea.

Sample text for the single-word request:

  • Set the minimum time to 20 minutes, maximum time to 30 minutes, and ____ time to 27 minutes. The warning will appear when the ____ time has elapsed.

4 Answers 4

It sounds to me that you want to set the minimum and maximum times for a speech, and then have the yellow light turn on at the midpoint between the minimum and the maximum.

In order to use your app effectively, the users need a term for this time (in order to refer to it in conversation with others), and a definition (to explain what it means). The term will be used frequently. The definition hopefully less so.

You don’t need to use a mathematical term. You could just as easily use a functional term, such as warning time, and then explain the calculation in your definition. This would allow you to have a default calculation, which could be correctly described as the average, the midpoint, the half-way point, or something similar. It would also allow the organizer (I forget the official Toastmasters term) to have longer or shorter “yellow times” to suit the group’s taste.

I can understand your reluctance to use average time, since the term average is usually applied to a set of measurements that have been completed, whereas your application (as I understand it here) is more about indicating the stage reached in a process that is still continuing. Average is technically correct in describing the calculation, but semantically wrong in relating the calculation to its real-world use.

My suggestion for the term is caution time, since the yellow light on a traffic signal is typically referred to as a caution.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Like this post? Please share to your friends:
How To Do Binary Options Trading?
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: