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ECN + Metatrader 4 or 5 platform
in
Erfahrene Trader
Jan 25, 2021 at 08:14
I feel like acttrader is lacking quite lot in term of trading and accessibility, don't you think?
ECN with and without commissions.
in
Neue Trader
Jan 25, 2021 at 08:13
Seems like he is talking about leverage.
Types of analysis
in
Allgemein
Jan 20, 2021 at 11:35
You are missing out one more - Sentiment Analysis, although that is not popular these days because they are somewhat based on the sentiment of the market via bull or bear behavior which can be inaccurate sometimes.
How to determine whether the platform is safe and reliable?
in
Erfahrene Trader
Jan 16, 2021 at 06:55
I would say to check the integrity of their regulatory body along with the genuine word of the mouth.
Becoming a scalper
in
Erfahrene Trader
Jan 16, 2021 at 06:55
Would love to know more about scalping and how effective but dangerous it can be for every trader, especially the newbie.
Those who can't learn will be eliminated by the market
in
Erfahrene Trader
Jan 16, 2021 at 06:54
Pretty much, if you are ignorant and stay not learning more about forex market, there is no place for you then
My Favourite pairs
in
Erfahrene Trader
Jan 16, 2021 at 06:52
Any major pairs are good, but I would say GBPUSD is the best one.
Trading without stop loss
in
Allgemein
Jan 02, 2021 at 05:02
Trading without Stop Loss can be done, obviously, but just to be on the safer side, you would want to trade with stop loss to avoid the losses. You can consider the input of risk and money management to make a proper trading without using stop loss mechanism.
Trading session's
in
Allgemein
Jan 02, 2021 at 04:59
New York is the best way to start off your trading, I agree with that. But I do think that any session is good to use.
Part time trading
in
Allgemein
Jan 02, 2021 at 04:58
There are many traders out there that actually spent the most of their timing to the forex trading. But I can say that it will start off as a part time and the moment you are making a profit, you will switch to the full time trading, shall we agree on that?
Manual is best
in
Neue Trader
Dec 16, 2020 at 09:30
I never liked EAs, although my broker is offering such if interested. I do enjoy manual trading where I can allow to express myself in term of trading for the profits, lot size, and many more.
Beginner's Tips
in
Neue Trader
Dec 16, 2020 at 09:29
Always make sure to add Stop Loss. That is very crucial
Can you leave Forex Trading?
in
Neue Trader
Dec 16, 2020 at 09:28
I am sorry to say this, but I don't think forex trading is for you. The fact that you lost that much without counter thinking of using your risk and money management is such a bad idea. And you are losing your health over it, not worth it.
What is your trading strategy ?
in
Neue Trader
Dec 11, 2020 at 07:25
Same here, I do not have any strategy but rather, I try to look for the way to make profit via spreads and stuff and keeping it simple. I mean, I am not crazed into trading but I do enjoy trading, even though I know there is very strong risk of losing money. And just like you said, it can be successful month, it can be bad, but that is okay. Every stuff you go will either go up and down. And the important thing is that you learn something and you try to make best outcomes as you can.
Making 15 to 20% profit every month !!!
in
Neue Trader
Dec 11, 2020 at 07:23
But the problem is that you can not and will never be able to make that much every month. It is just not realistic, from my perspective.Even though the plan can fail. A proper sound plan can also fail.
Newcomers and their greediness
in
Neue Trader
Dec 11, 2020 at 07:20
Exactly. The problem is that they do not grasp concept of the trading psychology and the moment they made a profit in one trade, resulting the ever increasing adrenaline rush making them to trade in hoping to make another profit. But alas, that is just a greed and you will be losing money.
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