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Crypto death
v
Krypto
Nov 19, 2021 at 04:39
Not everything is born to die. Besides being a convenient method of payment, cryptocurrency is a revolution. Also, blockchain technology has a huge potential. We can only expect it to grow and develop into something more useful instead of disappearing someday.
Which Platform is best for forex trading?
v
Noví obchodníci
Nov 17, 2021 at 10:59
Although my broker FinproTrading provides both the MetaTrader platforms (Mt4 and Mt5) as well as ActTrader, I never felt a need to shift from Mt4 which is the most basic yet complete platform.
Newstrading
v
Zkušení obchodníci
Nov 15, 2021 at 06:51
While trading on the news, it is important not only to focus on the planned economic events but also try to predict expected market reaction to these news. News trading alone can not get you results, you should use other types of analysis with it. If you can’t handle the fluctuation caused by news releases, it is better to refrain from trading after an hour or two after the release because the impact of any news is usually short-term.
Fundamental works 100%
v
Obecné
Nov 11, 2021 at 04:20
If that be the case, every one of us would have been following it and earning without losing. Nothing works 100% in trading. We can only try to predict the markets closely through different types of analysis. Besides, it is not possible for scalpers to rely on fundamental analysis, technical analysis works great for them.
Why demo is easy?
v
Obecné
Nov 11, 2021 at 04:05
The basic reason that we find demo easier than live trading is because there is no real money involved.However the most important reason I believe is that while demo trading, it’s easier to forget your losses because you won’t have lost any money in real, but when we lose even a small amount in live trading it has a significant impact on us.
Should I have confidence in my trading system?
v
Noví obchodníci
Nov 10, 2021 at 05:17
As you said, the market is multidimensional so working on just one dimension won’t bring you victory. However, having confidence in the system you are applying is extremely important. You become confident when you know that you’ve backtested the system successfully and there were no faults. It also helps to trade with the right mindset.
Position explained?
v
Noví obchodníci
Nov 09, 2021 at 05:46
@Forexnew2021 Can feel you. The actual excitement of the profit comes when the money is in your hands. On the computer screen, these are just numbers. I faced the same issues in the past where I couldn’t withdraw my money but thankfully it’s all sorted now.I think you are not very confident about your broker. Don’t wait for a big amount to withdraw. Try to withdraw little amounts frequently so that you don’t have to waste your time.
Those who can't learn will be eliminated by the market
v
Zkušení obchodníci
Nov 09, 2021 at 05:38
Your knowledge is what helps you stay safe in the market and grow with time. Your goal is not just to make money but also to protect what you already have in your pocket. So, just learn to play safe so that you don’t regret your moves.
How does experience come?
v
Zkušení obchodníci
Nov 08, 2021 at 06:35
To gain experience of trading, demo trading is the best place to start. Once you have obtained an idea of the trading platform and the market, you can open your live account, but keep your investments and risks low.
Which Broker is Best for High leverage ?
v
Obecné
Nov 03, 2021 at 08:09
I’m using 300x on FinproTrading, though they offer upto 500x.
Trading without stop loss
v
Obecné
Nov 01, 2021 at 04:34
The main advantage of applying stop loss in your trading is that you will protect yourself from giving back all your profits in just one or two weeks. You can also prevent a deep drawdown which will bring you to the margin call level, and even to the liquidation of your account.
METHOD OR DISCIPLINE?
v
Obecné
Nov 01, 2021 at 04:26
Method and discipline both are essential elements of trading. Without method, discipline will be unsuccessful, and without discipline, the method will also fail. It is important to know that both are different elements, but they can work together for the best results.
Newbie wannabe Trader
v
Noví obchodníci
Oct 29, 2021 at 05:42
There is no need to pay for a trading course or a mentor when there is so much free information available on the internet. You just have to type what you are looking for and several websites will come up with their information.
Can you leave Forex Trading?
v
Noví obchodníci
Oct 28, 2021 at 04:09
As long as I understand the market and have chances of making money, I am not going to leave forex trading. I can’t say anything about the future but until now, I am having a good time trading and would keep doing it.
Any crypto traders in the house?
v
Krypto
Oct 28, 2021 at 03:58
I completely agree with @momo3HC. Yes, there are brokers who take zero commission and their spreads are then much wider.
Best Crypto to Invest in these Times.
v
Krypto
Oct 27, 2021 at 04:41
As per the latest statistics, Bitcoin is down 1.21% in the last 24 hours. So maybe you can now buy Bitcoin or wait for it to go down more. On the other hand, there are some great cryptocurrencies like Ethereum. Tether, Litecoin, and Solana are expected to reach a high point in the coming years. So maybe now is the right time to invest in them.
Making consistent money
v
Obecné
Oct 25, 2021 at 07:07
Making consistent profits requires traders to be disciplined and patient. A trading journal in this case comes very handy because it keeps a track of your trades. As a result, it helps you in developing your strategies better.
How much should you invest in trading
v
Obecné
Oct 25, 2021 at 07:03
Though brokers allow traders to start trading with as low as $100, you should be ready to invest more than that. As a newbie, you’re more likely to lose money from trading than other traders.So, you should always have more money to invest because if you have more money, then you will be able to make more profits and develop your skills.
any broker suggestions for NZ?
v
Obecné
Oct 22, 2021 at 09:52
Finprotrading is also good.
How long it takes to learn
v
Obecné
Oct 18, 2021 at 07:14
Learning is an unstoppable process; it applies to forex trading as well. Though you can clear your basics in 2-3 months, creating your own strategies and becoming excellent at analysis is not a matter of months. Once you finish courses and basics, you should start demo trading. You can trade with your money when you start making consistent profits.
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