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FX Trading Tips

Jan 13, 2011 at 11:12
Vistas 4,722
65 Replies
Miembro desde Jul 19, 2020   posts 788
Feb 03, 2021 at 00:58
I like money management and risk management very much. It plays a vital role in my success.
Miembro desde Aug 11, 2017   posts 886
Feb 03, 2021 at 08:10
the leverage always works as a killer. Because the traders we have always fall a great loss by using leverage especially when high ration. But sometimes it brings profit very rapidly when there is real trading plan with great risk management approach. Actually forex market is too much risky and volatile. Risk is everywhere and from all trading elements leverage always contains more risk. so before trading with leverage we have to make sure how to manage risk in Fx.
Miembro desde Aug 09, 2017   posts 785
Feb 04, 2021 at 11:05
beginners have to choose the right broker which does not restrict at any kind of trading techniques with scalping and scalping.
Miembro desde Nov 19, 2020   posts 104
Feb 05, 2021 at 11:59
Imamul posted:
beginners have to choose the right broker which does not restrict at any kind of trading techniques with scalping and scalping.
Yes, that's a major part to check. Also, checking on the broker's regulation is a must, what do you think?
Miembro desde Nov 16, 2020   posts 55
Feb 10, 2021 at 10:45
If you want to avoid undesirable consequences, you always need to study and check everything.
Miembro desde Nov 17, 2020   posts 19
Feb 16, 2021 at 10:43
Imamul posted:
beginners have to choose the right broker which does not restrict at any kind of trading techniques with scalping and scalping.
You’re right and I guess the brokers that support scalping offer ECN accounts. The scalpers this way can be able to view the statistics on positive and negative slippage on their platform’s statistics page.
Miembro desde Oct 05, 2020   posts 40
Feb 16, 2021 at 13:00
Why exactly are the brokers using ECN platforms better or different than the regular brokers for scalping?
Miembro desde Nov 17, 2020   posts 19
Feb 17, 2021 at 10:39
jimmyneeesham posted:
Why exactly are the brokers using ECN platforms better or different than the regular brokers for scalping?
Usually the brokers who are allowing scalping have ECN platforms for the traders. What makes them different from the STP brokerages is that they are quite fast. If I’m not mistaken, these brokerages like Pepperstone, FXTM, Fxview and IG offer the lowest spreads.
Miembro desde Nov 07, 2020   posts 22
Feb 18, 2021 at 04:04
Maitlandniles posted:
jimmyneeesham posted:
Why exactly are the brokers using ECN platforms better or different than the regular brokers for scalping?
Usually the brokers who are allowing scalping have ECN platforms for the traders. What makes them different from the STP brokerages is that they are quite fast. If I’m not mistaken, these brokerages like Pepperstone, FXTM, Fxview and IG offer the lowest spreads.
I also think that the brokers using ECN offer very low fees and an additional trading time to the traders. This is actually great for the ones who prefer to have the flexibility over the usual market timings.
Miembro desde Aug 11, 2017   posts 886
Feb 20, 2021 at 05:34
beginners not willing to serious in demo , no emotions and real money in here for that , so  they can participate in demo trading contest. its minimum better than as usual trading 
Miembro desde Apr 18, 2017   posts 718
Feb 21, 2021 at 09:28
washing video is good , i agree , but it not works at all for long term , more appropriate is to read articles about topics any.
Miembro desde Nov 19, 2020   posts 104
Feb 22, 2021 at 06:25
Shelby10 posted:
If you are new in this market, You need to have proper knowledge and experience about the market. Without any knowledge, you can not survive in this risky market.
That's the most important part though. One stands nowhere if he's unclear about what the market is about.
Miembro desde May 24, 2020   posts 112
Mar 28, 2021 at 11:29
I would not advise taking risks that are not justified and with which you could not cope due to lack of experience and practice
Miembro desde Feb 23, 2021   posts 330
Apr 09, 2021 at 06:34
Shelby10 posted:
If you are new in this market, You need to have proper knowledge and experience about the market. Without any knowledge, you can not survive in this risky market.
Yes. Without proper knowledge you can not survive in this market.
Miembro desde Apr 03, 2021   posts 8
Apr 16, 2021 at 05:06
I think risk management is very important for every trader and they should work according to it if they want to succeed.
Miembro desde Aug 11, 2017   posts 886
Apr 17, 2021 at 07:37
instead of demo i right now i am busy with micro account which really supportive to ensure real trading experience. its my own experience
Miembro desde Aug 27, 2017   posts 994
Apr 17, 2021 at 09:37
micro account is good but sometimes any kind of live account can make beginners emotional and greedy.
Miembro desde Jul 23, 2020   posts 759
May 10, 2021 at 00:38
Adribaasmet posted:
micro account is good but sometimes any kind of live account can make beginners emotional and greedy.
I also agree. After demo practice trades should use this type of account with low capital.
Miembro desde Aug 27, 2017   posts 994
May 10, 2021 at 16:15
emotions only things that can make you loser in real life even trading life. generally we traders choose with our broker emotionally . and trade emotionally most of the time.
Miembro desde Aug 11, 2017   posts 886
May 11, 2021 at 09:14
as a beginner if we cant take losses as a regular part it will be a great problem , because loss is a thing that we the traders of course have to face because its a very common thing .  
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