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Williamfreed
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Successful Trading on Demo Account vs Live Account
in
New Traders
Nov 05, 2021 at 02:02
When one joins this business, they know little and are just getting started, and once they sign up for the demo account, they can gain valuable experience and knowledge. Therefore, do not waste time on the demo account for less than 6 months for getting a good experience.
Every newbie should practice
in
General
Nov 04, 2021 at 01:39
To learn and gain experience in the Forex market, beginners should use a demo account. This is the only way to become a successful trader. They will only lose money in the Forex market if they do not learn.
Newbie wannabe Trader
in
New Traders
Nov 03, 2021 at 01:31
There are many websites available where you can learn about trading. I use babypips for learning about trading.
hi. I'm new to forex trading.
in
New Traders
Nov 02, 2021 at 01:37
As a newbie, you must start learning and have good knowledge to be successful.
Purpose of demo trading
in
General
Nov 01, 2021 at 01:34
Demo accounts are meant for everyone, whether a newbie or an expert. While demo accounts can be used by any trader, it is best for newbies since they have little knowledge of forex, as well as, to learn how to minimize losses and maximize profits. Demo accounts are almost like real accounts. Their only difference is that they are not real.
METHOD OR DISCIPLINE?
in
General
Oct 29, 2021 at 01:31
To succeed in forex, discipline is essential. First of all, we should increase our knowledge and experience in forex trading, so we can trade well. And hard work is also very important to achieve success in forex trading, so we should work more and more in the forex and in forex we should continue my hard work till we are successful and in forex we should trade with fresh and active mind and to achieve success in the forex it is very important that we should work with the patience in the forex.
Forex is not a bad business
in
General
Oct 28, 2021 at 01:32
Forex is a great business and we can not consider it bad because we can make a good income from it. Always learn forex basics before start.
How to answer what do you do for a living?
in
Experienced Traders
Oct 27, 2021 at 13:55
Forex can be a lifetime job and one can do it at their leisure. If you have proper knowledge of it and good experience with forex trading, you can take Forex trading as your main job. You can also do forex trading as a hobby after your main job to earn extra money in your free time. At the end of the day, it all depends on you but knowledge, skills, and planning are all needed no matter where you choose to trade forex.
How much should you invest in trading
in
General
Oct 26, 2021 at 01:42
In addition to your experience, your strategy also depends on how much you invest in trading. You must have a good understanding of price action and indicators. The more you invest, the more you make. Your strategies and experience will totally determine your profit and loss.
Fundamental Education
in
New Traders
Oct 25, 2021 at 01:29
Well, learning of fundamentals of forex is very necessary to become successful. Always ready to learn new things when you start trading.
what kind of spreads do you look in a broker
in
General
Oct 22, 2021 at 01:21
Spreads are part of every market, including forex. Spreads are simply the price difference between where a trader can buy or sell an underlying asset. Traders familiar with equity markets refer to this as the Bid-Ask spread.
Broker support is important
in
General
Oct 19, 2021 at 01:35
A broker's customer service must be excellent! It is imperative to have a customer service representative available 24 hours a day, seven days a week. A good customer service team is the first step to finding the right broker for you.
The beauty of forex trading
in
General
Oct 18, 2021 at 05:12
Forex trading gives us a beautiful life, in my opinion. To enjoy life, people need to earn more money, and Forex trading gives them a great opportunity to earn more money.
How long it takes to learn
in
General
Oct 17, 2021 at 01:16
It depends on trader himself how quick he can learn forex . Demo trading is very necessary to get good results in forex when you start real trading.
What is a robot?
in
General
Oct 16, 2021 at 01:21
Robot trading is not trading, and successful traders believe in themselves, and ultimately one needs to trust in themselves in order to become a good trader, and you are right that robot trading is very risky.
Confidence is very important
in
General
Oct 15, 2021 at 01:39
It is important to have confidence in yourself while trading and Forex since your trading strategy is based on college and business skills and you are able to make good decisions in a very short period of time which earns good profit for you.
Number one biggest mistake
in
General
Oct 14, 2021 at 01:49
Most of the new traders come within trading and only wants to earn money but they have no knowledge and skills. So before start always learn about forex and after it, you can make good money.
Are you afraid to lose your trade?
in
General
Oct 01, 2021 at 01:20
People who are fearful of loss and are unprepared for the risk that comes with this business should simply stay away from it. Otherwise, they will be threatened by this market from time to time. In reality, this business is made for those who are looking for big rewards, but also prepared to take on lots of risk.
Forex Tips
in
New Traders
Sep 30, 2021 at 01:15
It's really crucial in currency exchange to use a continuous program or simply follow the protocols set up for this program to get the maximum profit. Let's assume that goes on to get the maximum profit available and all at once encourage their results.
Forex your second source of income
in
General
Sep 28, 2021 at 11:01
I strongly advise you to build a solid plan that allows you to gradually turn to trading in the foreign exchange market for income if you are interested in trading in the foreign exchange market for income. Although you may think that your trading performance will be better when you devote all of your practical energies to trading in the forex market, this is not always the case. Even if it is reasonable to think that more time means more money, you will not necessarily make more money through speculation compared to trading Forex with poses.
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