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LyudmilLukanov
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LyudmilLukanov
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What indicators do you use the most? and why?
in
General
Aug 21, 2020 at 16:26
I used most of the Ichimoku Kinko Hyo indicator. This indicator helps to find quality trading opportunities in the trading market, establish price momentum, and plot decisive support and resistance bands.
Signals are profitable?
in
General
Aug 20, 2020 at 16:13
Signal service can be a great toll, if you know how to use it. You need to understand how this tool works, in other words, what strategy your signal provider is using to place the trades. Also, it's very important to understand money management which is the only thing you can control.
Is stock trading and forex trading different?
in
General
Aug 19, 2020 at 17:05
Stock trading involves buys and sells shares of individual companies, while FX trading involves buys and sells currency simultaneously of t two different countries. FX is much more liquid and stable than stocks. Trading both FX and stocks requires a solid understanding of how the market works and practice to get a stable profit.
Forex is Hobby ?
in
General
Aug 17, 2020 at 17:19
I agree with you. At first, I was doing it as a hobby, but as I learn more and experience more later, I think that FX became my business while I am spending money and trading seriously.
Investing in Forex
in
General
Aug 16, 2020 at 14:05
Focus on these eight factors to choose a broker: regulation, financial security, trading style, reputation, design and ease of use, ease of account opening, types of accounts offered, customer service.
Best way to avoid the news.
in
General
Aug 14, 2020 at 16:43
Some news events are more volatile and cause more price volatility than others. By monitoring certain website such as daily forex, myfxbook, forex live, forex factory you can easily avoid price volatility which caused by the news event.
Web-based trading
in
General
Aug 13, 2020 at 22:29
Almost all brokers offer web-based trading that allows trading without installing any trading software. This allows to trade from anywhere if you have a computer. It does not require the installation of additional software. Brokers typically offer Javascript, HTML5, or Flash trading platform that runs smoothly and safely.
How to choose good VPS?
in
General
Aug 12, 2020 at 21:22
Most FX traders use virtual servers for their professional advisors, but not all VPS servers perform the same. Make sure you find the VPS that offers the best uptime for the price so you can make all your trade without worrying about signal death or server crash. Look for the VPS that has a solid firewall and security options. No one wants hackers or viruses to discover their important information, especially when money is at risk.
What type of trader you are?
in
General
Aug 10, 2020 at 17:23
The FX market is full of benefits for traders. I started forex trading in 2017. I'm scalper. Scalping strategies can be more profitable when volatility is high and the market is moving well.
Fx and survive
in
General
Aug 09, 2020 at 12:23
Survive is the main aspect in forex trading. 90-95% trader fail in forex trading and quit the market. Most of the new trader blow their account in first month.
Choosing the Right Broker
in
General
Aug 08, 2020 at 15:05
Choosing the right broker is one of the crucial aspects for any new trader. I only recommend to trade with regulated broker. Trader always should follow latest regulator warning about broker.
Mistakes.
in
General
Aug 07, 2020 at 14:12
Mistake is common for human being. But trader should learn from his/her mistake. Keeping trade journal is the best way to identify your mistake and avoid it in future.
Strategy and Forex
in
General
Aug 05, 2020 at 15:16
Every trader needs to keep in mind that trading strategy should be simple and select the appropriate trading strategy that suits his needs. This will help to make the right trading decisions, measure the amount of risk trader is willing to take.
Control your greed.
in
General
Aug 04, 2020 at 01:05
If you want to be a successful trader, greed is probably the biggest obstacle you have to overcome. If you try to get rich in every trade, you are more likely to blow up your account. Self-control and right mindset can help to overcome this negative emotion.
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