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Darrensmith
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Darrensmith
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What is fast forex scalping?
in
Allgemein
Mar 08, 2021 at 04:17
Yes but some strategies require a certain skill and they might not work so well for a beginner. Like scalping for instance, it requires a trader to have a very good idea about the entry and exit.
High leverage = High risk?
in
Neue Trader
Feb 23, 2021 at 04:54
High leverage doesn’t always mean risk. It is all about knowing what you are doing. If you can manage using high leverage there is no harm in using it.
My concern on lot commissions
in
Neue Trader
Feb 17, 2021 at 14:46
@forextrader777 That makes all the sense in the world.. sadly, newbies are also the first to fall prey to some brokers with hidden costs in the form of varying spreads that can go really high. Just curious... which broker did you start off with?
My concern on lot commissions
in
Neue Trader
Feb 16, 2021 at 07:58
Like the way you put it Halex :)
What is fast forex scalping?
in
Allgemein
Feb 12, 2021 at 05:34
I agree with this. Newbies should really focus on improving their strategies and trading.
My concern on lot commissions
in
Neue Trader
Feb 04, 2021 at 06:21
@Mike Yes, demo accounts have worked well for me too. They are easy to set up and there is no hassle with them. It feels good to get an idea of some trades before executing them on a live account.
What is fast forex scalping?
in
Allgemein
Feb 03, 2021 at 06:27
Scalping is in essence quick. So I don’t know if there is a separate kind of scalping that I am not aware of :)
Trading in lower timeframes
in
Allgemein
Jan 27, 2021 at 05:42
As a scalper that’s something totally important for me too, can’t trade without low spreads.
Trading in lower timeframes
in
Allgemein
Jan 25, 2021 at 04:44
It is absolutely true that short time frames are not for the people who are using the long term strategies or even day trading. It is not the right time frame to put the indicators to determine the trend of the market. The lower charts are not meant for long term trades.
Trading in lower timeframes
in
Allgemein
Jan 22, 2021 at 04:21
I think lower time frames have a great chance of making wrong decisions for newbies. Things are moving so fast that there is a very less chance for error. If you are entering the lower timeframe then make sure you should invest in a small amount because within that 15 minutes all of the action is happening.
Stop loss is a killer if
in
Allgemein
Jan 19, 2021 at 06:16
I think the stop is utterly useless because for me I am a day trader with a very short trading span. A borderline scalper if you say so because stop loss will make you secure but ruin your profits. It is the basics of the market that risk is involved.
How can we find a reliable platform?
in
Neue Trader
Jan 07, 2021 at 04:15
I look for the fees and being a scalper, it is the one of the few things I want in a platform. I go with low cost brokers.
Demo can not make you well experienced
in
Allgemein
Dec 10, 2020 at 12:05
I suppose demo accounts are equally important for experienced traders too, for testing new strategies. It is the only way to evolve as a trader.
What safety measure I need to take before choosing any forex broker?
in
Erfahrene Trader
Dec 09, 2020 at 10:40
Attaboy! Gosh you must be ultra new to trading to not be aware of this
How true is High leverage = High risk?
in
Neue Trader
Dec 08, 2020 at 12:57
I completely agree. High leverage should be left to the experts. Not everyone can handle that specially the newbies around. If the trade goes in the opposite direction, you’ll lose it all.
How true is High leverage = High risk?
in
Neue Trader
Dec 02, 2020 at 03:55
High leverage is only safe in the hands of very experienced traders. It’s not meant for all.
How true is High leverage = High risk?
in
Neue Trader
Dec 01, 2020 at 09:40
I spent half a year just trying and deliberating different brokers and kinds of accounts. I think every trader should.
How true is High leverage = High risk?
in
Neue Trader
Nov 26, 2020 at 10:52
Isn’t trailing stop loss a better use of sl? Also of late I have been relying a lot on the economic calendar. Really helpful in knowing if a particular time is good to trade.
How true is High leverage = High risk?
in
Neue Trader
Nov 12, 2020 at 10:57
I find it too risky to use leverage. Can’t imagine owing money to the broker and defeat the whole purpose of being in the market.
Free sources of professional Forex education
in
Allgemein
Oct 12, 2020 at 09:47
You will get loads of free material online from different sources. There are some Forex forums that offer useful information. Apart from that, you should read papers and books related to Forex trading. Might help you in starting your career fruitfully in trading. Good luck to you.
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