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Consistency is the brick
v
Obecné
Jan 13, 2023 at 08:10
Just like consistency is like the brick, you are making putting one by one to make a house. So same apply for the trading, building the correct consistency in trading will help you to make a correct decision.
Good broker is needed
v
Obecné
Jan 13, 2023 at 08:09
Would recommend fxview as their commission is $1/100k, plus their spreads when im trading on majors are usually 0.1-0.2. And they are regulated, so that’s a bonus for me.
New traders love scalping
v
Obecné
Jan 13, 2023 at 08:08
It kinda makes sense from their point of view. They joined in forex trading just so that they can make a quick buck out of it. Scalping is best when it comes to making good returns providing you are using correct technique and strategy when trading.
Is it better to invest or save money?
v
Obecné
Jan 13, 2023 at 08:06
Saving the money does not give you any returns, while investing does. But investing will have a good return if you know what you are doing in portfolios.How about this? 50% goes to saving, and 50% goes to investing.
how to become a forex market conqueror
v
Obecné
Jul 23, 2021 at 12:55
Don't expect to be such forex market conqueror, it is okay to dream but it is unhealthy obsession of trying to become one. Best to keep on practicing and get better
Best forex broker for scalping and zero spread?
v
Obecné
Jul 23, 2021 at 12:54
No such thing as zero spreads, usually you will find some brokers like fxview offering pips around 0.1 - 0.3, although I will say I get 0.0pips on the rarest day. Also a good option for scalping.
backtesting
v
Obecné
Jul 23, 2021 at 12:54
They are a must when you are trying to go live soon. Demo trading is made that way so that you can get create strategy
Forex game is not business
v
Obecné
Apr 28, 2021 at 12:10
Let's make it simple - Forex is not a game or something that you can gamble away.
Learning is a nonstop procedure
v
Obecné
Apr 28, 2021 at 12:09
Learning is an important but fun process and allows you to improve your skill and knowledge. When you improve those, you tend to do the tasks much better and much easier for the future. And best thing is learning never stop, like you said, it is a continous process.
When loss occurs
v
Obecné
Apr 28, 2021 at 12:04
It is important to make the journal to note down the losses made so that you can get to know better on how to avoid such losses in future. I always do this and it helps me to realize what mistakes I made before and also made me improve for the next trading.
Demo is a big opportunity
v
Obecné
Feb 24, 2021 at 09:25
I always use demo to trade before doing it on live account.
Opening big lot
v
Obecné
Feb 24, 2021 at 09:25
Exactly how i am feeling about big lots, but setting the margin call will make it quite good but I can see how slippage can get worse
what kind of spreads do you look in a broker
v
Obecné
Feb 24, 2021 at 09:24
100% agree, and not many brokers offers such, under regulated ones fxview is good, on commissions end.
It is very important to sharpen
v
Obecné
Feb 24, 2021 at 09:23
You will need to constantly evolving your strategy to refine your tuning your strategy to make it able to trade. Without sharpening your strategy, you will be falling behind and being helpless to constant losing in your trade
To make a good trading plan
v
Obecné
Jan 11, 2021 at 09:48
Good trading plan will ensure you a good return when it comes to strategy and profit, but you are not free from risk as sometimes planning can fail due to the volatility of the forex market.
Over trading is a bad habit
v
Obecné
Jan 11, 2021 at 09:47
Overtrading happens when you are getting over confident or not being satisfied with win/losses and yes, everyone should avoid the over trading as nothing good comes out of that.
ECN with and without commissions.
v
Noví obchodníci
Jan 11, 2021 at 09:46
Fxview is the one. Basically with no commission brokers, you'd find spreads to be higher than usual. so people usually prefer low spreads and low commissions kinda deal. Since you are into low spreads, I don't think no commission broker would be your thing.
We should not think
v
Obecné
Jan 11, 2021 at 09:45
Agree. It is very good to have a goal, but keep it as realistic as it can be.
Ideal place for trading
v
Obecné
Jan 07, 2021 at 12:17
I would say home is the best ideal place for you to have your mind at ease and work with trading without any disturbance.
Brokers ban deposits from Neteller/Skrill
v
Obecné
Jan 07, 2021 at 12:16
My current broker, fxview, is still offering neteller and skrill. Is there any explanation on why they banned them?
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