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Choosing a new broker
v
Obecné
May 18, 2021 at 09:09
For scalping, the trading conditions favor the most, so you should be looking for tight spreads and lower commission. For instance, try out turnkey forex, their spreads are quite tight and the commission is only $1/100k per side.
New traders should be content
v
Obecné
May 18, 2021 at 09:08
1-2% sounds really reasonable, and actually quite effective
Emotional Trading
v
Obecné
May 18, 2021 at 09:07
Bringing emotions into the trading is such a bad idea, all the emotion should be taken out or atleast be controlled before you can start trading
Two important book about trading psychology
v
Obecné
May 18, 2021 at 09:04
Trading is not really a rigged game. But yes I agree that book will not teach us how to trade.
Best ECN pricing broker for scalping with lower spreads
v
Zkušení obchodníci
Mar 12, 2021 at 11:15
For scalping, turnkey forex is also a good pick.
Have a plan and stick to it
v
Noví obchodníci
Sep 15, 2020 at 05:29
Sticking to a trading plans really helps a trader to become disciplined and profitable.
Unlimited lot size of broker
v
Zkušení obchodníci
Sep 15, 2020 at 05:26
It's 100 lots max here in Turnkeyforex a/c, I think it's not reasonable enough to go that high. Besides, I never tried more than 5 lots myself.
Newbie looking for guidance and support
v
Noví obchodníci
Aug 27, 2020 at 11:57
Agreed. Babypips course is one of the best courses to start with. Even some good forex experts on youtube are of great help for beginners. You can check them too.
Various Reasons why ppl use a lot of brokers.
v
Obecné
Aug 27, 2020 at 11:55
I myself am using multiple brokers, have turnkey forex for low spreads and commissions, LMFX for high volatility and have kept tradersway just in case, and haven't faced any issue with managing.
How much Important of Leverage for Trading
v
Obecné
Aug 27, 2020 at 11:49
Correct. Beginners shouldn't make much use of leverage otherwise they'll end up with more risk and losses might also come their way. So better keep it restricted to 30x or 40x max until they dont gain experience.
Why people lose money in Forex Trading?
v
Obecné
Aug 04, 2020 at 07:29
Unrealistic expectations can also be one of the reasons why people lose money in forex.
Raw Spread or standard account?
v
Obecné
Aug 04, 2020 at 07:26
Yes, there are brokers who take less $ per lot. I know some brokers like turnkey forex, fxtm, tradersway and also fxchoice. You can check these.
Patience is best tool to get success
v
Noví obchodníci
Jun 16, 2020 at 10:55
Right and this quality makes a trader successful.
recommendations for NZ
v
Zkušení obchodníci
Jun 16, 2020 at 10:51
There are plenty of options available. I personally have a good experience with turnkey forex. They offer ECN account along with low spreads and low commission charges($2/100k RT). Good broker. However, you need to do your own research before choosing the one.
Overconfident
v
Noví obchodníci
Jun 05, 2020 at 09:41
Revenge trading only blows up your account.
Broker with Big Leverage in UK
v
Noví obchodníci
Jun 05, 2020 at 09:38
For high leverage one has to go offshore. you get upto 500x even more with them. out of my personal experience, turnkey forex is one I can suggest. Though DYOR before settling for any one.
scalping easy ?
v
Noví obchodníci
May 14, 2020 at 10:29
Was about to say this.
Best Broker for a Newbie
v
Noví obchodníci
May 14, 2020 at 10:26
Rightly said. These are exactly the same things which i considered while choosing a broker. Currently trading with turnkey forex and all these factors seem fine with them as i’ve experienced low spreads, low comm. charges along with decent customer service.
who withdraws money 24/5, 24/7?
v
Obecné
Apr 14, 2020 at 12:37
I use turnkey forex. I can withdraw with them 24/5 though, withdrawals have been on time always till date. Which broker do you use?
who withdraws money 24/5, 24/7?
v
Obecné
Apr 14, 2020 at 12:36
I use turnkey forex. I can withdraw with them 24/5 though, withdrawals have been on time always till date. Which broker do you use?
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