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sebking1986
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sebking1986
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What makes a good MT4 broker????
dans
Nouveaux traders
Feb 10, 2022 at 10:56
The best balance of low spreads, low fees, slippage and execution speeds.
Best Broker for a Newbie
dans
Nouveaux traders
Feb 10, 2022 at 10:54
An account that is reliable and allows for fairly low initial deposits probably or micro account trading. Personally I use regulated and unregulated and can personally vouch for IG, IC Markets and CedarFX but you have to know what you will need from a broker and go from there.
EURUSD Analysis thread (Ongoing)
dans
Général
Feb 10, 2022 at 10:52
It has created equal highs which are a target for me normally but I would want to see a clean break of structure above them to confirm bullishness.
Can forex trading make you rich ?
dans
Général
Feb 10, 2022 at 10:49
Define rich. Also understand the difference between rich and wealthy. Does a £1m make you rich? Yes by most people's understanding. But it doesn't make you wealthy if you spend £250k a year as you only have 4 yrs of expenses. Once you understand how to trade and can pull money out the markets it is a skill you take through life with you. You may not ever be "rich" but if you can live well for the rest of your life without having to slave away for 50hrs+ a week then I say it can make you wealthy.
Is trading hard?
dans
Général
Feb 10, 2022 at 10:47
Yes and no. There is a lot to learn but once applied well trading is actually quite simple. What is really hard is controlling our own desire to interfere.
Most people become unrealistic
dans
Général
Feb 10, 2022 at 10:45
I think it is the culture that we live in now where instant gratification is the norm or at least the pursuit of it is. I love crypto but think that stories of people 100xing their money in a week causes confirmation bias that it is normal in other areas like forex.
Money management using margin level??
dans
Nouveaux traders
Feb 03, 2022 at 10:01
Leverage is fine as long as it's not abused. Issue is most abuse it.
Money Management Systems.
dans
Général
Feb 03, 2022 at 09:58
Totally agree. 1% is so solid and allows for crap runs of variance.
How much money can I expect to make from trading?
dans
Général
Feb 02, 2022 at 13:10
The question you should be asking is how much money can you expect to lose. Risk first. Reward second.
There is a proverb that practice
dans
Général
Feb 02, 2022 at 13:08
I still think the pursuit of perfection is a flawed one as I said but exposing yourself to the markets helps in so many ways.
Demo Trading Advantages
dans
Général
Feb 02, 2022 at 13:06
Demo is essential in my opinion for helping you to formulate a trading strategy. Those who jump in with money early because of the psychological aspect of trading with live funds are missing the point for me. Without a good trading strategy which includes risk management then you'll still lose. I personally treat my demo accounts like live accounts to instil good habits.
Leverage is useful or not ?
dans
Général
Feb 02, 2022 at 13:02
Exactly, as with many aspects of trading, a lack of understanding is half the problem.
Any 500 to 1 leverage brokers left?
dans
Général
Jan 27, 2022 at 11:51
Yeah there are a few. Either offshore or offshore servers like ICM did.
5 Things I have learned in 5 years of trading!
dans
Général
Jan 27, 2022 at 11:50
A trading strategy has to be personal. One of the unique things about this business.
5 Things I have learned in 5 years of trading!
dans
Général
Jan 26, 2022 at 11:52
Risk management is something a lot of traders start learning after it's already too late to save an account.
Forex is not scam
dans
Général
Jan 26, 2022 at 11:51
It's like saying medicine is a scam because you failed med school.
Making consistent money
dans
Général
Jan 25, 2022 at 10:44
I think it is very much like learning to swim. Initially you get in the water and flap around trying not to drown but as you learn how to mitigate the risk of that you relax and start to swim properly.
Are there any new coins that you consider promising and worthy of attention?
dans
Crypto
Jan 25, 2022 at 10:42
I think any of the so called blue chip coins that have their own network in their name are good shouts so ADA, SOL, MATIC, AVAX, FTM to name a few.
Anyone Trading For A Living?
dans
Traders Expérimentés
Jan 24, 2022 at 14:30
It's a contributor to my monthly take but I like to make sure I have several income streams for those tougher months.
You need sound mind
dans
Général
Jan 24, 2022 at 14:16
I don't think you are ever "perfect" in trading, regardless of strategy or mindset.
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