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Posts by
SofieAndreasen
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Choosing a pair
in
General
Mar 05, 2021 at 03:43
Major pairs are more volatile than other pair. New traders should not use other than major pairs.
Indicators are reliable but
in
General
Mar 04, 2021 at 14:00
Never use more than one indicator of the same types. Or else it will give you a confusing signal.
Unrealistic expectation causes
in
General
Mar 04, 2021 at 13:58
Try to achieve what is possible. Set your trading goal according to your trading ability.
FX books to read for newbies
in
New Traders
Mar 04, 2021 at 03:38
I also read the book. it is one of the best books for new traders.
Can withdrawals be processed in less than a day?
in
New Traders
Mar 04, 2021 at 03:36
Right. Withdrawal process time varies from broker to broker and it also depends on payment method.
Pro traders need your adivice
in
New Traders
Mar 03, 2021 at 16:52
Never invest the money what you cannot afford to lose. Always start trading with small capital.
Fear makes you
in
General
Mar 02, 2021 at 12:40
All kind of emotion including fear can damage trading plan. So, traders should avoid or control their emotion in trading.
Losses are a part of trading
in
General
Mar 02, 2021 at 12:39
There is no risk-free investment. Loss is common in the trading market.
To be a successful trader
in
General
Mar 01, 2021 at 13:19
I also agree with the approach. Demo account is the best place for practice.
New traders should be content
in
General
Mar 01, 2021 at 04:16
Demo is a risk-free account. Always start trading with demo account.
Risk management is indeed the best
in
General
Mar 01, 2021 at 04:15
Traders should focus on minimizing risk to trade effectively in the trading market.
Any 500 to 1 leverage brokers left?
in
General
Feb 27, 2021 at 17:42
In my knowldge many brokers offer this kind of leverage ratio. Many brokers even offer higher leverage ratio.
how to become a forex market conqueror
in
General
Feb 27, 2021 at 17:41
Scalping is a good trading strategy if you know how to use it properly.
Leverage is among the things
in
General
Feb 26, 2021 at 18:07
For using high leverage traders need proper risk management strategy to reduce its risk.
Scalping is a trading method
in
General
Feb 26, 2021 at 18:06
It is true that it is one of most popular trading strategy. However, it is not suitable for new traders.
best way to find is my best performing EA
in
General
Feb 26, 2021 at 05:02
Traders can also use back test software to find the effectiveness of EA.
Trading without stop loss
in
General
Feb 26, 2021 at 05:00
True. Stop loss save us from uncertain situation in trading.
Basic mistake we make
in
General
Feb 25, 2021 at 17:36
True. Proper planning and strategy are needed for success.
How much should you invest in trading
in
General
Feb 25, 2021 at 17:35
In my opinion, starting trading with only $10 USD is good for learning purpose. For good investment I recommend $500 to $1000.
Opening big lot
in
General
Feb 24, 2021 at 14:04
New traders should not take more than 5% risk per trade.
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