i like to depend on Forex , because its really a royal business than others. generally we the take Forex as money making place and this greed comes from making profit from demo account.
by and large traders and advisor recommended demo for practicing but i prefer always micro account , because in demo traders not serious because there is no real money.
Adribaasmet
Member Since Aug 27, 2017
994 posts
Dec 14 2020 at 12:05
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
beginners should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
no way to avoid the importance of demo trading , bu the main problem is , the experience we took from demo practically not works when trading in a live account. so, traders don't believe the importance of this trading place.
When I was a newcomer I was using Bollinger Bands in demo account, but didn’t get maximal result that I did in demo.
At the beginning I used my demo account as a platform for market research and analysis. But a demo account cannot provide an atmosphere when trading real money.
Adribaasmet
Member Since Aug 27, 2017
994 posts
Dec 15 2020 at 10:56
According to me, candle chart is much useful than the others 2 one; I basically rely on the candle chart for understanding the technical signal of the candle chart. Even, I don’t need to use any kind of technical tool.
success is not easy we know very well but still we try to bring success with no learning , as a result we become loser when try to make it in practical.
Always make sure to add Stop Loss. That is very crucial
unrealistic expectation indicates immature attitude and emotions.
this habit really non professional which always make traders greedy.
this habit really non professional which always make traders greedy.
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
there is no difference between two, its all about psychological issue , nothing without it.
AniLorak posted:
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
That's correct! Completely avoiding losses isn't possible at all. Its better one learns from them and moves forward.
Cordawield
Member Since Nov 03, 2020
65 posts
Dec 21 2020 at 10:17
It is those who learn from their mistakes and losses and analyze them correctly, in the end, get and achieve good results.
for beginners learning is a continues process and no way to stop it despite of passing a long time , earning depends on your trading practice and patience.
Adribaasmet
Member Since Aug 27, 2017
994 posts
Dec 22 2020 at 09:03
According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.
GeorgeBischof
Member Since Jul 19, 2020
318 posts
Dec 28 2020 at 19:40
You can learn forex from different sources. You can read books, follow threads, take help from a mentor, etc.
Raywilkins665
Member Since Nov 17, 2020
24 posts
Jan 13 2021 at 08:57
Yes, everyone has a different perspective of it. Every trader has a trading style that is varied and they work according to it.