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advices easily website fora traders
in
New Traders
Jul 26, 2024 at 12:18
As a new trader, here are some quick tips to get you started:Learn the Basics: It's crucial to understand trading fundamentals and risk management.Start Small: Begin with a small investment to keep your risks manageable.Pick a Good Broker: Brokers like Pepperstone, Fxview, HYCM and CMC markets have low minimum deposits and user-friendly platforms.Practice First: Try out a demo account to get comfortable before using real money.Stay Updated: Keep up with latest news and market trends.Set Realistic Goals: Focus on learning and steady improvement, rather than quick profits.These steps can hel...
Forex Broker which accepts Paxum?
in
General
Jul 26, 2024 at 11:22
Paxum isn’t very common among forex brokers, but you might find it with a few, such as:ExnessHotForexFBSIt’s always a good idea to check with the broker directly to see if they currently accept Paxum.
Exotic Pairs!
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General
Jul 26, 2024 at 11:19
I agree. On top of that, exotic pairs can be less liquid and harder to trade, which might lead to slippage and unexpected costs. Sticking with major pairs like EUR/USD often means smoother trading and better overall control.
Why are some traders successful?
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General
Oct 15, 2022 at 11:22
But, on the other hand consistency, practice, determination, and knowledge also matter.
Demo can not make you well experienced
in
General
Oct 15, 2022 at 11:20
That's true demo account cannot make you well experienced but it can teach you how trading works and how to use their technical indicators as well. so, the demo account plays an important role.
What is the importance of knowledge?
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General
Sep 19, 2022 at 12:35
When it comes to trading knowledge plays a very essential role as you cannot trade and predict the market without proper knowledge and analysis. For that, you need to study daily market changes.
Is trading hard?
in
General
Sep 19, 2022 at 12:32
Yes indeed, trading is hard as you cannot predict the market 100% accurately. It requires a lot of understanding and daily detailed analysis of the market.
Luck is important
in
General
Sep 07, 2022 at 12:16
Luck is important but so are the skills, one cannot succeed depending only on the luck, skills matter a lot.
Different approaches of trading
in
General
Sep 07, 2022 at 12:12
Totally agree!
DO you get scared over drawdowns?
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General
Sep 07, 2022 at 12:00
Fear of drawdown is normal, but the important thing is whether you can manage it and ultimately make profits.
Demo Trading Advantages
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General
Sep 07, 2022 at 05:46
The benefits of a demo account include the opportunity to practice and plan your trading strategies.
Is trading hard?
in
General
Sep 07, 2022 at 05:44
Trading is a difficult journey, to be sure, but it is not impossible if you are determined to give your all.
Does emotion harm?
in
General
Sep 03, 2022 at 08:02
Yes, in order to succeed in forex, one must keep their emotions under control.
Keep your innovation running
in
General
Sep 03, 2022 at 08:00
Constant innovation is important in your trading journey especially when it requires a lot of effort from your side.
Can forex trading make you rich ?
in
General
Sep 03, 2022 at 07:57
Of course forex has the capacity to make you very rich.But you need to be very careful while making your trades as a slight carelessness might blow up your entire account.
Money Management Tips
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General
Aug 31, 2022 at 07:16
The basic money management tip is to wisely use your money where needed.
Basic mistake we make
in
General
Aug 31, 2022 at 07:10
The basic mistake we make is that we don’t keep ourselves updated well with the learning. Trading is a never-ending journey that demands regular consistency in terms of trading and knowledge.
What is the trading psychology for you?
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General
Aug 30, 2022 at 08:01
Trading psychology, to me, simply means learning how to control your emotions while trading.
What does trading mean to you?
in
New Traders
Aug 30, 2022 at 08:00
I realised the significance of trading when I began to understand it more thoroughly . As I progress in my trading career, I develop many good qualities such as a positive mindset and a desire to learn new things. So it helped me not only in trading but also in my personal life. What are your thoughts on it?
Demo can not make you well experienced
in
General
Aug 30, 2022 at 07:54
I don't believe so. In my experience, demos play an important role in learning and understanding trading.
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