Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Very tough business.
Previous 1 2 3 4 5 Next
AniLorak

Member Since Apr 18, 2017  847 posts AniLorak Jan 03 at 13:43
TheGreatRecycler posted:
knowledge of what? There is so much information our there and so much of it is junk. One could spend years reading junk and make no progress


Technical & fundamental knowledge is mandatory here! Besides, traders need to follow the rules of money management so carefully.

Mohammadi

Member Since Aug 11, 2017  664 posts Mohammadi Jan 09 at 02:58
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to online freeSchool which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.

Jonny87

Member Since Aug 07, 2017  24 posts Jonny87 Jan 10 at 04:14
Forex trading is not a game. It has so much risk. Every trader should learn the basic knowledge about forex before entering into the market. Lack of knowledge can put them into the big problem. knowledge about forex can be learned by many ways. But the best way of learning forex is to open a demo account. This can help him to get knowledge, by which he can at least make profit slowly. When I was new in this market, I gathered knowledge by opening a demo account in Tpglobalfx. It helps me to know about forex, about trading. I also know what is good for me and what is not. I am still trading with them. They are really helpful.

togr

Member Since Feb 22, 2011  4541 posts vontogr (togr) Jan 10 at 08:03
45656 posted:
Forex trading is really very tough business in the world for the Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to enough skilled at all. The traders who are very skilled and experienced can achieve his trading success early and easily. Without good trading skill you can only loss.

There is no easy way.
Everything that allows you to leave your daily job and provide income is hard to reach.

I like what I trade, I trade what I like
danpadcas

Member Since Jan 17, 2017  7 posts Fractal Pip (danpadcas) Jan 10 at 10:39
Forex and trading, in general, is suit for those who think in the long run. It took me nearly 4 years to become profitable. And it's probably the hardest thing I've ever done in my life.

Imamul

Member Since Aug 09, 2017  436 posts Imamul Jan 10 at 18:37
We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Jan 11 at 01:06
Imamul posted:
We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.


Select a broker with strong regulations, good history of treating their clients fairly, and a guarantee of client asset protections.

Use realistic risk management and learn to trade properly.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
Roberto21

Member Since May 02, 2019  185 posts Roberto21 Jan 14 at 16:44
nj fx success is a temporary issue , it can make everyone but who can make it consistently we can consider him as a professional guy.

ufotech

Member Since Jan 05, 2020  19 posts ufotech (ufotech) Jan 14 at 21:59
The key to profitable investing, is to make profitable trades.

I know it seems over simplistic, but there are only 3 possible options available.

The markets either (1)move up, (2)no movement, or (3)move down.

(1)Market movement is bullish? Buy
(2)Market does not move? Do nothing
(3)Market movement is bearish? Sell

If you make a trade and the market moves in that direction, you've made a profitable trade.

If it's not a profitable trade close it, then wait for the next entry point of highest probability.

If you want to be profitable, make profitable trades.
TeamNotreDame

Member Since Jun 28, 2019  11 posts TeamNotreDame Jan 15 at 14:49
Easier said than done. I wish it were that simple but the fact is the timing of entry and exit along with direction make trading very difficult

Previous 1 2 3 4 5 Next
Loading
Loading
EURUSD 1.10296 GBPUSD 1.30729
USDJPY 109.112 USDCAD 1.31705

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
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.