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CraigMcG2020
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Most people become unrealistic
in
Allgemein
Feb 23, 2022 at 17:02
Thats the issue it doesnt work having such high expectations. Its key to have working management patience and rules for entry and exit after that let the market do what it does
I bought the dip that happened on AUDUSD just a minute ago.
in
Allgemein
Feb 19, 2022 at 12:59
Did the entry meet your rules? money management? If so would be interested to see how you got on
Various Reasons why ppl use a lot of brokers.
in
Allgemein
Feb 19, 2022 at 12:58
Agree and some are good for scalping others for swing trading. Lots of advantages with being open to new brokers and opportunities
How much should you invest in trading
in
Allgemein
Feb 17, 2022 at 07:51
Completely agree i think its about scaling up as you go. Theres no point lumping 10k into an account when you could get comfortable with 1-2k first
Are you using forex rebate/cashback?
in
Allgemein
Feb 17, 2022 at 07:50
I think its a really good way to make some extra money each month. It can be done as long as the lot sizes are relatively big like 0.01 lots is not going to amount to much at all
Emotion in Forex trading
in
Allgemein
Feb 15, 2022 at 08:39
This teaches you so much about yourself that emotions get intertwined with logic. Its the key to making it long term in this industry. Just build your psychology as much as your techincal skills
Money Management Systems.
in
Allgemein
Feb 15, 2022 at 08:37
Really is you need to take responsibility for your trading and then can use a trade manager to do that but you need to first create the rules and know how to follow them without it
Money Management Systems.
in
Allgemein
Feb 11, 2022 at 07:56
Definitely agree there is nothing 100% in forex but if you risk 1%, have an edge and aim for 2/3% you will be profitable its just math
Can We Play Guess the Target ? Where is NZDUSD going to be by March 17th 2022?
in
Allgemein
Feb 11, 2022 at 07:55
Haha guessing is the enemy of traders when it makes a move and shows its hand ill move with it. Best of luck though :)
You need sound mind
in
Allgemein
Feb 10, 2022 at 08:05
For sure i think the most important thing is they have strict trading plans. There will be days where we all make mistakes and we all get emotional we're human beings but if we have rules to guide us we can overcome this
Very tough business.
in
Allgemein
Feb 08, 2022 at 08:05
Nothing compares to the above. It is so key to have all of these above strategy and indicators imo
How to start forex trading? Read These Best Tips!
in
Allgemein
Feb 08, 2022 at 08:03
These tips all help for sure. Its a journey of education and it is one that is unique to each person. These will help but so much more to trading as well. :)
ESMA RULES THE WAVES!
in
Allgemein
Feb 04, 2022 at 08:15
There are plenty reliable brokers out there that have 500:1 leverage now. They are as good if not better than those allowing 30:1 leverage. For example EagleFX, IC Markets and Hugosway. Do your own research and demo on some other brokers. There are so many good ones out there now.
Can you borrow money from the bank to trade forex?
in
Allgemein
Feb 03, 2022 at 08:20
Yes of course but you would not get a loan if you asked for one 'to trade forex' but you can get a loan and trade that money. I would completely advise against it. If you are not skilled enough to bring a smaller account to a larger one you shouldn't use high amounts. Not to mention the implications of losing that money and then owing it back to the bank plus interest.
The future of Crypto
in
Krypto
Feb 02, 2022 at 07:53
100% there has to be ebbs and flows in a market. Buyer and seller pressure. It has always been this way with any instrument. Patience is so key
Any 500 to 1 leverage brokers left?
in
Allgemein
Feb 02, 2022 at 07:52
I use brokers with 500:1 leverage mainly CedarFX atm. I used to have the idea that regulated was a must but i dont anymore. The truth is these unregulated brokers like CedarFX, ICM Seychelles and others are making a lot of money as a broker themselves. Times have changed and there are so many retail traders that cant use a 30:1 leverage broker as dont have the capital. There is such a demand for these brokers they are just as reliable as regulated imo
There is a proverb that practice
in
Allgemein
Jan 28, 2022 at 07:48
Practice is key as well for sure like honing any skill just have to work on the fundamentals like psychology and discipline too which only come in with live trading imo
Loss
in
Allgemein
Jan 28, 2022 at 07:47
Put that on a post it and have it on your computer! simplicity right there but brilliant
Luck is important
in
Allgemein
Jan 26, 2022 at 07:53
Luck is just opportunity meeting preparation.
Forex is not scam
in
Allgemein
Jan 26, 2022 at 07:53
Its definitely not a scam i know people verified making hundreds of thousands from it but they have put work time and effort into becoming a great trader. Most fail and then blame everything but themselves
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