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There is no easy way of learning
في
عام
Feb 03, 2021 at 08:46
Yes there is no easy way out for learning, you need to practice a lot on demo, spend a good time on learning and gather knowledge about Forex, make sure you practice on demo as well regularly.
slippge issue
في
عام
Feb 02, 2021 at 08:45
Slippage is something that can not be avoided, it generally occurs when volatility is high, majorly due to news events.
newcomers trading habit
في
المتداولون الجدد
Feb 01, 2021 at 08:45
For a newcomer it is important to gather all knowledge about Forex first and then practice trade on demo accounts before going for a live account.
best websites for trading knowledge
في
المتداولون الجدد
Jan 31, 2021 at 15:53
There are lot of videos on you tube for trading knowledge or you can read trading books also.
How much money can I expect to make from trading?
في
عام
Jan 29, 2021 at 08:36
If you have proper knowledge and skills you can expect a decent profit from trading but make sure you aren’t focusing on profit only, trade patiently with well defined strategies you will earn good profit.
money manage and leverage
في
المتداولون الجدد
Jan 28, 2021 at 09:17
The two important concepts of forex money management is leverage and margin, Leverage allows traders to invest much more than available into their trading account whereas margin is the real amount that a trader needs to put forward in order to open a trade.
Indicators are useful but
في
عام
Jan 27, 2021 at 11:21
There are a variety of indicators present, first you need to understand about the indicator which is useful to you. Combine the indicator which you need and then make a strong strategy, using all indicators at once makes no sense at all.
Types of analysis
في
عام
Jan 22, 2021 at 11:22
Technical analysis is dependent on past price movement data to predict a currency pair's future value.Fundamental analysis is dependent upon analyzing current factors, predicting future factors, which can affect a country's economy. Sentiment analysis is based on how many people are buying or selling a particular currency, or their thoughts about which direction a currency will go.
Which pairs are your least favorite to trade? And why?
في
المتداولون الجدد
Jan 21, 2021 at 10:17
I mostly prefer major pairs like EUR USD and EUR GBP as they are the most stable currency pair, and I have not traded exotic pairs ever.
There are three things
في
عام
Jan 20, 2021 at 11:39
Yes I order to make regular profit and become a successful trader you need to develop a strong strategy, and you can only develop a strong strategy by studying and regular practice.
My concern on lot commissions
في
المتداولون الجدد
Jan 19, 2021 at 11:42
Placing that many lot sizes when you are just gathering knowledge is not a good idea, first develop a good strategy and practice on demo.
Beginner's Tips
في
المتداولون الجدد
Jan 18, 2021 at 11:22
Having losses in Forex is very common, just accept your losses, overnight success is not possible it takes hours upon hours of learning to trade profitably, Study one pair at a time, become confident in that pair and then define a strategy. Repeat
New traders become restless
في
عام
Jan 16, 2021 at 11:20
Yes, new traders become restless to make money. But the actual fact is in order to make money in the forex market you need to be calm and have a relaxed mind. Rusing to make money will always lead to opposite results.
Can withdrawals be processed in less than a day?
في
المتداولون الجدد
Jan 15, 2021 at 11:17
First choose a regulated broker; they will care for your fund security and will process your withdrawal on the same day. It also depends on your withdrawal method you choose to withdraw.
Is trading hard?
في
عام
Jan 14, 2021 at 11:10
Yes trading is hard but with proper knowledge and enough skills it becomes easy for you. Practice on a demo account regularly and be consistent gradually you will start gaining profit.
Newcomers and their greediness
في
المتداولون الجدد
Jan 13, 2021 at 09:10
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.1) Have a Trading Plan2) Lower Trade Sizes3) Keep a Trading Journal4) Learn From your past mistakes
Common mistakes
في
عام
Jan 12, 2021 at 11:16
My most common mistakes are starting trading with very little preparation and Being emotional for my money.
Consistency is the brick
في
عام
Jan 11, 2021 at 11:16
Consistency, yes. But being consistent does not mean that every trade is a winning trade.Focus on trading, not just on making moneyBecome organized and disciplinedDevelop a strict daily trading routine to develop positive trading habits
Pure ECN broker
في
عام
Jan 07, 2021 at 11:08
There are many brokers who offer pure ECN accounts just go with the regulated once, try and test demo with all and find which is best for you.
Number one biggest mistake
في
عام
Jan 06, 2021 at 07:57
Yes totally agreed.. The biggest mistake for a new trader is to be over confidence and greed for more and more money. Newbies without having proper knowledge trade high risk product and ends up with making losses.
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