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Joao91
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Joao91
Forex is good in terms of return
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Umum
Feb 10, 2021 at 10:55
Yes it is, but only those who are serious about this field, get good returns here. Being consistent with your earnings is the most difficult part though.
what kind of spreads do you look in a broker
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Umum
Feb 10, 2021 at 10:54
I always prefer tight spreads & low commission, which is why I am trading with fxview.Good spreads – average 0.2 pips on majority of pairsLow commission - $1 per lot per side
NEW TO TRADING
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Trader Baru
Feb 10, 2021 at 10:53
Agreed! those are definitely important for beginners and not just them, even experienced traders need to keep consistency while learning throughout.
FX books to read for newbies
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Trader Baru
Nov 30, 2020 at 10:49
O yes! That's a good one
What leverage do you all use?
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Trader Baru
Nov 30, 2020 at 10:47
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
Most people fail because
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Umum
Nov 30, 2020 at 10:42
That's right. Forex has no more for quitting, only hard workers get good success here.
Overconfident
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Trader Baru
Nov 10, 2020 at 11:23
Many traders empty their accounts due to this issue, overconfidence and lack of proper plan.
Fxview
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Pialang
Nov 10, 2020 at 11:21
Opened my live account with this broker some time back, things are going good so far. Have tested withdrawals as well, they were on time, support is quite responsive. Am happy with their trading conditions, green signal from my side.
Tips To Being A Successful Trader
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Trader Baru
Oct 22, 2020 at 06:27
True! Managing risk and capital are really important.
For Newbie
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Trader Baru
Oct 22, 2020 at 06:26
Agreed, sufficient time should be given to learning, research and demo trading in the beginning, however, that time period can vary for all I guess.
having a losses
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Umum
Oct 22, 2020 at 06:24
Agreed! If not stopped at the right time, it can lead to major losses.
Fx and survive
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Umum
Oct 22, 2020 at 06:22
Discipline, a good strategy and a reliable broker.Quite important as per me.
No alternative to learning
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Umum
Oct 22, 2020 at 06:21
Learning is like the base in trading.If your base isn't strong, no matter what you do, you won't be able to stand in the market for long. That is why, traders must take the learning part too seriously and give it their 100%
Money Management Tips
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Umum
Oct 22, 2020 at 06:20
At the end, we are all here to earn money. If a trader fails at managing money only, his tenure in forex is short lived for sure.
using leverage
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Umum
Oct 20, 2020 at 07:34
High leverage, can no doubt give high profits, but comes with good amount of risks too.One should be really careful.
Not an easy task
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Umum
Oct 20, 2020 at 07:31
Agreed!Profit making is not easy in forex, you need to be consistent in learning, good at strategising and controlling discipline.
Famous Traders and Investors, what to think of them
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Umum
Oct 13, 2020 at 07:22
Watching these successful traders, I think they are a great source of motivation for us all.If they can, why can't we :)
No strategies can help you unless
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Umum
Oct 13, 2020 at 07:21
Agree with @Evelyn55 Markets never remain the same, so the strategies should also be framed as per the current market situation if success is to be achieved. A trader should always ave a plan B in place if any sudden market fluctuation happens to take place.
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