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0 spread low commission broker.
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Zkušení obchodníci
Oct 04, 2021 at 12:21
There's nothing like zero spreads. You will have some spreads even in zero spreads account. Then too I like zero spreads account. It's better than standard account.
How much should you invest in trading
v
Zkušení obchodníci
Oct 04, 2021 at 12:19
Initially it's good to invest low amount. How much is the low amount varies person to person. To some 100 may be little amount but for some 500 seems low.
Whats your opinion on the most important aspects of a trading system
v
Zkušení obchodníci
Oct 04, 2021 at 11:04
Strategy is most important aspect of forex trading. We need a decent strategy to make money. But along with strategy we also need a trading mindset.
Broker recommendation!
v
Zkušení obchodníci
Oct 04, 2021 at 10:40
To find a good broker, one should do enough research on this topic. Regulation is the first thing they should check. Then check deposit method. You may like a broker but may not have way to deposit in it.
EUR/USD
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Zkušení obchodníci
Oct 04, 2021 at 10:37
EURUSD is the most celebrated and popular currency pair in the Forex market. Most of the traders start with this pair. Fundamentally it's also a very important pair.
Experienced trader
v
Zkušení obchodníci
Oct 04, 2021 at 10:35
To be an experienced trader, one needs to have skills and expertise. Trading for a long time doesn't make anyone experienced. He may still lose money regularly.
Fundamental Analysis
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Zkušení obchodníci
Oct 04, 2021 at 10:32
@UweMoench Yes for fundamental analysis deep understanding of the economics is important. Many people think fundamental means just news. But news is just the reflection of it.
How does experience come?
v
Zkušení obchodníci
Oct 04, 2021 at 09:52
Experience comes with time and knowledge. And the way you apply your knowledge. Many people have knowledge but can't apply it properly.
When a trader uses small
v
Obecné
Oct 03, 2021 at 08:19
@LukeRachel Yes without risk management, it's not possible to survive in the forex market. Unfortunately many people do not follow any risk management team.
Gambling type of forex games? Is that true?
v
Obecné
Oct 03, 2021 at 08:18
Forex is not gambling. Some people make it like gambling. When you do not have enough skills and knowledge, you start gambling in the forex market.
Manual trading
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Obecné
Oct 03, 2021 at 08:16
Not just basics knowledge, we need deep understanding of the market. For that we need to develop knowledge and skills.
Every newbie should practice
v
Obecné
Oct 03, 2021 at 08:14
Yes demo is good to have an experience of forex trading. But to ise the best of an demo account, one should follow proper risk management and trading rules.
Luck or Hard Work?
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Noví obchodníci
Oct 03, 2021 at 05:47
Luck doesn't work all the time. It can work few times but not in all the trades one opens. That's why skills and knowledge important.
best websites for trading knowledge
v
Noví obchodníci
Oct 03, 2021 at 05:33
@CocoChannel Yes School of Pipsology of babypips has the well organized resources for learning. Also they have basics to advanced materials for learning.
Impulse Trading and How to Avoid It
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Noví obchodníci
Oct 03, 2021 at 05:30
Enough knowledge and discipline is the key to avoid impulsive trading. To open a trade, you should have enough reasons behind it. If you can't find enough reasons, don't open trade.
Reccomendation for EA
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Noví obchodníci
Oct 03, 2021 at 05:27
No EA will give profit all the time.It can be effective for certain type of market for a certain time. Better to learn the skills and knowledge of trading.
Different levels of leverage
v
Noví obchodníci
Oct 03, 2021 at 05:24
Leverage is very important for forex trading. Without leverage it is not possible to make money in forex market with small capital.
No alternative to learning
v
Obecné
Oct 01, 2021 at 13:11
Succes doesn't come right away in anything unless you are expert in that. In trading, one has to be skilled enough to be successful.
Forex is an investment business
v
Obecné
Oct 01, 2021 at 13:09
@croisssan Loss is a part of forex trading. That's why money management, risk management comes into play in trading. People who ignore this fact, eventually drop out.
Forex is good in terms of return
v
Obecné
Oct 01, 2021 at 13:06
@karenpeters Yes you are right. Good strategy, risk management and a solid trading psychology is very much needed for success in forex trading.
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