Small investment

Dec 27, 2020 at 07:06
2,399 Views
50 Replies
Member Since Feb 15, 2022   219 posts
Sep 14, 2022 at 13:41
You have to boost and cheer up your mind all the time to survive in Forex. Once you lose your motivation, you will lose your way and fell out of your track.
Member Since May 19, 2020   420 posts
Sep 15, 2022 at 12:15
lauraJohnson posted:
Small or large investment doesn't matter what matters is how well you make use of it.
In order to trade profitably, you need a professional approach and a lot of human resources, such as time, effort, health, attention.
If trading does not bring such a profit that can justify the cost of resources, then this makes no sense. While a trader trades for trading, this is practice, experience gaining. As soon as a trader starts make money enough for business development this is professionalism.
@Marcellus8610
Member Since May 19, 2020   420 posts
Sep 15, 2022 at 12:22
However if you trade well, and have talent, but no money, then you can try account management.
But this is an even more complex process than just trading, I know this firsthand.
@Marcellus8610
Member Since Feb 15, 2022   183 posts
Sep 18, 2022 at 11:54
Forex is a decentralized market where more than 4 trillion transactions take place every day and broker works as an intermediary. But, to start nicely, try to select a regulated trading broker.
Member Since Apr 03, 2021   470 posts
Sep 19, 2022 at 03:48
SteveFx11 posted:
Forex is a decentralized market where more than 4 trillion transactions take place every day and broker works as an intermediary. But, to start nicely, try to select a regulated trading broker.
The regulated broker gives more securely investing money in the forex business, besides it, choosing a broker that offers a low spread is more beneficial for scalping traders, I like scalping trading choose pairs such as EURUSD and other major pair with low spread.
Member Since Sep 15, 2022   36 posts
Sep 19, 2022 at 08:25
There is an element of trust with regulated brokers. So, according to me, it is wise to go for them.
Member Since May 19, 2020   420 posts
Sep 20, 2022 at 14:23
The choice has become easier in recent years, because there are a lot of companies with worthy offers. Those traders who have been trading for a long time and have a lot of experience most likely already have a list of comfortable brokers.
But for beginners it is sometimes difficult to make a choice. They can just look at more experienced colleagues, or get own experience.
@Marcellus8610
Member Since Aug 05, 2021   401 posts
Sep 21, 2022 at 21:16
Milex32 posted:
There is an element of trust with regulated brokers. So, according to me, it is wise to go for them.
I understand where this mindset comes from, but regulators don't just pay out those funds if you get burned by the broker. Look at what happened with Veracity, everyone's money got stuck and people were freaking out. Now they're closed and they were regulated. Not saying regulation is bad, just that it doesn't always provide the safety net people think it does. I think reading reviews from real people is the best indicator of safety.
Member Since Feb 15, 2022   219 posts
Sep 30, 2022 at 14:04
Global economy analysis is needed to catch the direction of Forex market because it is a form of fundamental analysis.
Member Since Feb 16, 2022   119 posts
Oct 04, 2022 at 18:23
Forecasting the destination of the market is the most essential job to do to succeed in trading.
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