I like money management and risk management very much. It plays a vital role in my success.
the leverage always works as a killer. Because the traders we have always fall a great loss by using leverage especially when high ration. But sometimes it brings profit very rapidly when there is real trading plan with great risk management approach. Actually forex market is too much risky and volatile. Risk is everywhere and from all trading elements leverage always contains more risk. so before trading with leverage we have to make sure how to manage risk in Fx.
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
beginners have to choose the right broker which does not restrict at any kind of trading techniques with scalping and scalping.
Imamul posted:Yes, that's a major part to check. Also, checking on the broker's regulation is a must, what do you think?
beginners have to choose the right broker which does not restrict at any kind of trading techniques with scalping and scalping.
If you want to avoid undesirable consequences, you always need to study and check everything.
Feb 16 2021 at 10:43
Imamul posted:You’re right and I guess the brokers that support scalping offer ECN accounts. The scalpers this way can be able to view the statistics on positive and negative slippage on their platform’s statistics page.
beginners have to choose the right broker which does not restrict at any kind of trading techniques with scalping and scalping.
Feb 16 2021 at 13:00
Why exactly are the brokers using ECN platforms better or different than the regular brokers for scalping?
Feb 17 2021 at 10:39
jimmyneeesham posted:Usually the brokers who are allowing scalping have ECN platforms for the traders. What makes them different from the STP brokerages is that they are quite fast. If I’m not mistaken, these brokerages like Pepperstone, FXTM, Fxview and IG offer the lowest spreads.
Why exactly are the brokers using ECN platforms better or different than the regular brokers for scalping?
Feb 18 2021 at 04:04
Maitlandniles posted:I also think that the brokers using ECN offer very low fees and an additional trading time to the traders. This is actually great for the ones who prefer to have the flexibility over the usual market timings.jimmyneeesham posted:Usually the brokers who are allowing scalping have ECN platforms for the traders. What makes them different from the STP brokerages is that they are quite fast. If I’m not mistaken, these brokerages like Pepperstone, FXTM, Fxview and IG offer the lowest spreads.
Why exactly are the brokers using ECN platforms better or different than the regular brokers for scalping?
beginners not willing to serious in demo , no emotions and real money in here for that , so they can participate in demo trading contest. its minimum better than as usual trading
Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.
washing video is good , i agree , but it not works at all for long term , more appropriate is to read articles about topics any.
major pair is always risk free and its more appropriate to trade major then others.
If you are new in this market, You need to have proper knowledge and experience about the market. Without any knowledge, you can not survive in this risky market.
Shelby10 posted:That's the most important part though. One stands nowhere if he's unclear about what the market is about.
If you are new in this market, You need to have proper knowledge and experience about the market. Without any knowledge, you can not survive in this risky market.
I would not advise taking risks that are not justified and with which you could not cope due to lack of experience and practice
Duktilar posted:But if you have enough knowledge and skills, you should take risks.
I would not advise taking risks that are not justified and with which you could not cope due to lack of experience and practice
Thank you for sharing these valuable forex tips on the platform. I appreciate them!
Shelby10 posted:Yes. Without proper knowledge you can not survive in this market.
If you are new in this market, You need to have proper knowledge and experience about the market. Without any knowledge, you can not survive in this risky market.
