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What makes one a Professional Trader?
在
一般
中
Aug 29, 2022 at 05:59
I believe a professional trader is one who can treat forex like a business - not get attached to the money, t being confident in the strategy, constantly improving their strategy, and being consistent while trading.
Basic mistake we make
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一般
中
Aug 26, 2022 at 07:20
True! This leads to trade Without a plan. Traders then are more likely to make impulsive decisions based on hunches or gut feel, rather than following a defined strategy. This can lead to losses, as well as missed opportunities when the market moves in the opposite direction to what was expected.
Leverage is useful or not ?
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一般
中
Aug 25, 2022 at 07:03
Leverage can be really useful in forex trading, as it allows traders to trade with more money than they have in their account. But yeah, it also carries a risk, as if the market moves against the trader's position they can lose more money than they have in their account.
Luck is important
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一般
中
Aug 24, 2022 at 06:59
Luck may or may not work but hard work will always get you results. Focus on the right thing and you will be there in no time.
5 Things I have learned in 5 years of trading!
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一般
中
Aug 24, 2022 at 06:58
It’s not just what you aim at but also about what you are doing to achieve your aim. Everyone wants to make money but not everyone does the required hard work to win in the long term. You have to write your own destiny.
Is a demo account really neccassary?
在
新手交易員
中
Aug 22, 2022 at 08:03
If traders want to make a successful trading career then I would say a demo account is mandatory. Demo accounts help new traders in learning the complexities of the market and familiarise them with the trading platform.
Newbie wannabe Trader
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新手交易員
中
Aug 18, 2022 at 04:05
It is recommended for aspiring newbie traders that they must improve their knowledge and practice more and more. Keep learning. It is also important to have the right and positive mindset.
Demo Trading Advantages
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一般
中
Jul 26, 2022 at 05:29
Demo trading has many advantages. You get to experience trading and develop your skills without losing any money. The good thing about a demo account is that we can commit mistakes and learn from that. But we must trade a demo account like a real account to build discipline and emotional control.
When a trader is a newbie
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一般
中
Jul 26, 2022 at 05:28
As a newbie, your prime focus should be on learning each and everything about the market. You can win only by understanding the market.
Broker recommendation!
在
經驗豐富的交易員
中
Jul 22, 2022 at 07:48
I’d recommend aaafx, xtb, and fxcm, all regulated brokers that provide good conditions to trade, offer fast processing of withdrawals and have good customer service.
Is Forex risky?
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一般
中
Jul 08, 2022 at 04:38
Forex trading is both risky and complicated. Things will be easier if you have a thorough understanding of the market and understand the nature of currencies.
Indicators are useful but
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一般
中
Jun 24, 2022 at 05:01
Indicators are useful, but they are not always accurate, which is why I use combinations of indicators.
Consistency is the brick
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一般
中
Jun 24, 2022 at 05:00
If you want to be consistent in forex trading, you should learn the fundamentals of the market and put in the effort to develop a good plan and strategy that will benefit you.
Forex is not scam
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一般
中
Jun 23, 2022 at 04:28
Forex trading is not a scam. There are numerous opportunities to financially benefit from it. Not only traders but other big firms or institutions trade forex including big investment banks and central banks which represent the governments.
Most people fail because
在
一般
中
Jun 23, 2022 at 04:27
The reason for this is that the majority of people do not have a comprehensive understanding of the market and its working system. They also do not possess the necessary set of skills and abilities. It is the first and most important factor contributing to their failure.
Trading for the long-term
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一般
中
Jun 23, 2022 at 04:26
It's your job as a trader to figure out which strategy works best for you. Regardless of whether you're trading for the short or long term. It doesn't really matter. The strategy is the most important aspect to consider. Successful trading careers can be built on a solid foundation of sound trading strategies that have proven to be profitable over time.
How to determine whether the platform is safe and reliable?
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經驗豐富的交易員
中
Jun 21, 2022 at 07:40
3 things to check in a broker to determine its reliability - regulations, quick withdrawals, and customer support. And in my experience so far, I found aaafx, avatrade and xm fulfilling these criteria.
What are the popular Techniques for Forex trading?
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一般
中
Jun 17, 2022 at 09:45
Choosing trading strategies depend on the risk tolerance, preferences of time-frames, and available funds and goals of a trader.
Can forex trading make you rich ?
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一般
中
Jun 17, 2022 at 09:44
Forex is a highly volatile market and one should understand the risks and rewards before entering the market. The forex market makes the traders who are able to survive the market and financially disturb the trader who is not.
Does forex strategies usually work>
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一般
中
Jun 16, 2022 at 10:05
Absolutely! In fact, if there were no strategies, traders would have just been entering and exiting the market without really knowing what is happening and what they must do to make money in the forex market. Strategies show you the way to your trading goal.
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