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Why demo is easy?

By UweMoench Sep 19, 2020 at 13:49

Demo accounts won't prepare you for losses.

99 Replies 5,661 Views

Last post by LyudmilLukanov Dec 10, 2021 at 21:01

Top 5 Fundamentals of Forex Risk Management

By NzeCapitalTrades Jul 31, 2020 at 10:40

In order to be profitable, you need your overall wins to make you more money than your overall losses.

21 Replies 1,774 Views

Last post by LyudmilLukanov Dec 10, 2021 at 11:00

Investing in Forex

By HenritteC Apr 30, 2018 at 06:27

Forex is for investment not for gambling. If even you are short term trader, you have to treat it from a business point of view.

177 Replies 9,305 Views

Last post by UweMoench Dec 09, 2021 at 07:16

How to recognize a Forex Scammer ?

By thirdbrainsa Jul 30, 2018 at 09:24

Click in Google about scams brokers and you will find the broker that you are looking for. On the other hand , you can find them in most popular Forex Forum where the real trader marked all scams platform which cheated with them .

130 Replies 11,809 Views

Last post by Akasuki Dec 09, 2021 at 07:07

Confidence is very important

By UweMoench Dec 29, 2020 at 15:02

@skihav yes confidence is one of the main thing in trading. If you can't believe you can do it, you won't be able to do it. No matter what you try.

52 Replies 3,362 Views

Last post by UweMoench Dec 09, 2021 at 07:01

Losses are a part of trading

By Michihito Mar 02, 2021 at 11:38

Nobody can avoid complete risk in forex, one has to go through certain % of risk while one trades. But yes, with sufficient amount of risk management, you can of course reduce the level of risk

63 Replies 3,937 Views

Last post by UweMoench Dec 09, 2021 at 06:58

Part time trading

By UweMoench Dec 21, 2020 at 12:12

You can trade forex part-time. It will take some time to learn how to trade forex profitably, but it is well worth the effort. You can use a demo account to practice trading with virtual money until you are comfortable with the process. This will help you to avoid costly mistakes when you start trading with your own money.

32 Replies 2,254 Views

Last post by traderjakelong Dec 09, 2021 at 06:22

In trading everyone should have some rules

By UweMoench Dec 20, 2020 at 09:07

@traderjakelong Everyone has their own rules. Every successful traders may have different rules but they are common in one thing that's discipline.

50 Replies 3,443 Views

Last post by Akasuki Dec 08, 2021 at 05:13

Basics knowledge is not enough

By UweMoench Dec 27, 2020 at 07:07

@romanholiday Experience is very important when ot comes to trading. Experience comes from knowledge and skills. It's a long term process.

46 Replies 3,402 Views

Last post by Akasuki Dec 08, 2021 at 05:10

What is a robot?

By Dictiony Mar 16, 2021 at 10:21

Trading robot gives you signals to entry manually or they enter into trade automatically. Robot are usually made by following any strategy. If the strategy is good, robot would be good.

23 Replies 1,943 Views

Last post by Akasuki Dec 08, 2021 at 05:07

For trading you do not need

By Michihito Jan 22, 2021 at 12:30

Anyone can trade in the forex if they have researched a lot about it and are aware of the risks involved.

24 Replies 1,789 Views

Last post by LyudmilLukanov Dec 07, 2021 at 17:28

Best forex broker for scalping and zero spread?

By forexstudio1 Jul 17, 2021 at 04:19

Choosing a low-spread Forex trading platform is especially important for scalping.

26 Replies 2,456 Views

Last post by LyudmilLukanov Dec 05, 2021 at 19:47

Stop Loss Importance

By Roberto21 Mar 13, 2020 at 06:14

Yes if you are a scalper or short term trader stop loss is very important. Otherwise in volatile market it would be difficult to trade. But if you can make consistent money without using SL, you can do it.

85 Replies 5,544 Views

Last post by UweMoench Dec 05, 2021 at 17:19

Revenge trading

By UweMoench Nov 30, 2020 at 07:29

Im just scouting around for any breaking news , before bed, to be up and ready for the UK open.So up at say 6.30 am UK time just to read all news and prep. ready to trade Spot.Then i look at the drivel being posted above and the rest.Does anyone know how reply to a message.?

16 Replies 1,222 Views

Last post by UweMoench Dec 05, 2021 at 23:41

Pound Euro (GBP/EUR) Exchange Rate Falls following Final PMIs

By mdsh7864 Dec 05, 2021 at 07:23

The Pound Euro (GBP/EUR) exchange rate has slipped yesterday amid a risk-off market mood and the release of the finalised composite PMIs for both the UK and the Eurozone. GBP/EUR was trading at around €1.174, down over 0.2% from yesterday opening level of €1.1777.

0 Replies 580 Views

Last post by mdsh7864 Dec 05, 2021 at 07:23

Trading without stop loss

By UweMoench Dec 23, 2020 at 15:57

Guess that stop loss is the main thing in trading activity. Lots of traders neglect trading with stop loss because they think that they know when to stop, nevertheless, according to the statistics, the vast majority of traders doesn't know when to stop. They just blow their accounts, especially when they trad with leverages.In my opinion, it...

45 Replies 3,371 Views

Last post by Unett Dec 04, 2021 at 19:59

When to stop.

By 45656 Sep 22, 2019 at 07:12

Actually, to my mind, you have to stop when you need to stop. If you see that market tries to elimate you as a trader, then probably it's right time to stop, because your further moves can be very dangerous. Traders don't like when other traders turn trading activity into gambling, when you have a lots of losses, then you start to open posi...

61 Replies 4,206 Views

Last post by FullBro Dec 04, 2021 at 15:42

Most traders don't get success

By UweMoench Oct 16, 2020 at 12:57

I hate that so many beginners fall for the while get rich quick idea about forex trading. It's definitely an avenue to make money but a lot of people overlook the effort it takes to really make money.

39 Replies 2,285 Views

Last post by HeavLeighGill26 Dec 01, 2021 at 19:38

Types of spreads

By UweMoench Dec 17, 2020 at 08:12

Every broker that I've ever checked out with fixed spreads was insanely pricey, I always stick to variable spreads.

19 Replies 1,624 Views

Last post by HeavLeighGill26 Dec 01, 2021 at 19:29

Should I trust automatic GMT?

By Natalisha Nov 26, 2021 at 05:45

Is the automatic GMT in this EA reliable or do you need special settings to match the time of most brokers?

0 Replies 268 Views

Last post by Natalisha Nov 26, 2021 at 05:45

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.