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Adribaasmet

Member Since Aug 27, 2017  835 posts Adribaasmet Jan 02 at 11:04
AniLorak posted:
jamesgwyther posted:
You only need the charts


Very powerful trading strategy; this is why right now I mainly focus on Price Action trading system.


Well; may I know your trading pair list? Do you use Gold & silver?

Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi Apr 16 at 06:57
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.

Roberto21

Member Since May 02, 2019  267 posts Roberto21 Apr 18 at 14:13
i lose much above all when trading with high leverage , tried to bring profit very rapidly but there was no money management or any good trading plan. as a result faced a huge loss. it was my very first past experience.

Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi Apr 21 at 14:45
leverage is a very complicated tool in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.  

Imamul

Member Since Aug 09, 2017  482 posts Imamul Apr 26 at 18:55
I trade based of my personal trading strategy, it’s a combination of 4 default and 2 custom indicators! So for me, trading preparation means, counting the positions of all of trading indicators according to my strategy! Besides, I also count currency correlation! That’s my preparation!

almfx

Member Since Feb 13, 2017  175 posts almfx Apr 26 at 22:57
Your eyes your best trading tools

Roberto21

Member Since May 02, 2019  267 posts Roberto21 Apr 27 at 15:11
In my opinion , major currencies like EUR, USD, JPY, GBP etc can be a few to keep in mind while trading for profit. Others currencies are also good but I think these pairs can be high riskier and less liquid too.

Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi May 05 at 09:39
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.

traderroni

Member Since Oct 05, 2019  24 posts traderroni May 06 at 07:02
Roberto21 posted:
In my opinion , major currencies like EUR, USD, JPY, GBP etc can be a few to keep in mind while trading for profit. Others currencies are also good but I think these pairs can be high riskier and less liquid too.


Certainly these pairs are the most traded ones among traders by virtue of their very nature.

Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi May 07 at 08:38
in order to me , the best way is for someone to get a demo account and then try Forex trading without the benefit of any training or even reading of the basic of Forex trading, this way , you will get confused a lot and therefore , if you get attracted to the trade, you will search the web and find out and learn about the things which are making you confused.

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EURUSD 1.1833 GBPUSD 1.30734
USDJPY 106.654 USDCAD 1.32384

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.