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jaredtaylor
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Beginners Targets 2020.
in
New Traders
Feb 04, 2020 at 11:13
Right and it is important to set realistic profit targets.
Need an advice
in
New Traders
Feb 04, 2020 at 11:12
This thing may happen that’s why it is important to carefully choose a broker before opening an account with them. However, not every broker is same, some brokers are there whose trading conditions are fair and genuine. I use Turnkey Forex they are quite good. Spreads are low with them. LMFX and FX choice are also some good options.
Best Broker for a Newbie
in
New Traders
Jan 30, 2020 at 10:35
As a newbie, there are many factors which one should look for in a broker like you might want to look at the reputation of the broker then leverage, tight spreads, execution speed etc. However, to check this, demo account is not gonna work, you need to open a real account. May be you can start up with a micro account. To start with, I think Turnkey Forex would be nice. They are pretty reliable and reasonable when it comes to trading conditions and services.
1% risk
in
General
Jan 30, 2020 at 10:34
I also agree with you all that 1% risk is fair enough. Risk is inevitable.
Need help for be a good trader
in
New Traders
Oct 05, 2019 at 06:29
Slow start and steady. Also don’t let emotion get in the way of your plan for successful trading.
Any good reads?
in
New Traders
Oct 03, 2019 at 05:47
This book is really good which guides you how to stop struggling the market and earn money consistently.
There is no short cut way.
in
General
Sep 30, 2019 at 07:50
There is no shortcut to forex trading . It takes a lot of practice and experience to master. The truth is that even traders with years of experience still encounter periodic losses. There is no substitute for hard work.
how does heat map work ?
in
New Traders
Sep 27, 2019 at 06:55
Heat map is not a trading system nor an indicator. It doesn’t tell you when to buy or sell. It simply provides accurate information about what market participants are doing. Bookmap’s heat maps may allow you to eliminate this problem. This can lead to a more profitable trading business.
What does matter
in
General
Sep 21, 2019 at 05:35
That’s right. The fact that most traders lose money in the markets is not really surprising if you consider that most traders have no money management plans and most of them ignore the facts that they can lose money on any of the trade they enter.
trading basic
in
New Traders
Sep 20, 2019 at 04:53
It is a kind of analysis which is employees to evaluate investments and identify opportunities by analyzing statistical trends gathered from trading activity like price movements and volume.
How long should I start to trade after studying?
in
New Traders
Sep 19, 2019 at 05:42
Start trading on demo account. That’s on you how much you want to take. Learn the basics and keep on learning, one can never stop learning as the forex market is dynamic.
Do you like Binary ?
in
New Traders
Sep 16, 2019 at 05:34
When trading binary options, it offers various advantages and one of them is high returns. The reason binary options have become so popular is the fact that the trading vehicle comes with inherently high returns. In most cases, when a binary expires in money, there are chances that traders will earn at least 70% return on their investment which is rarely seen more traditional trading vehicles but seen in binary options almost everyday.
Choosing the Right Broker
in
General
Sep 13, 2019 at 04:58
Choosing the right broker is an important decision while investing in the stock market. It is crucial to deal with the right broker in order to optimize returns. What i look for in a broker is that he must be providing a good interface. He needs to have a well designed interface that makes it easy to navigate the website and stable trading platforms to buy and sell stock.
Investing in Forex
in
General
Sep 12, 2019 at 06:01
I agree…Many traders enter the forex market every day, but many of them fail because they focus too much time on creating just the trading strategies which leaves them with little or no energy to develop proper discipline and they let emotions rule their mind.
What leverage do you all use?
in
New Traders
Sep 07, 2019 at 06:18
I prefer low leverage. Right now using 1:50. Will gradually increase though.
scalping is risky ?
in
General
Sep 06, 2019 at 06:03
Scalping seems fun when you're winning but its not fun anymore when you start losing. There is a saying ‘ If you try to scalp the market, it will ultimately scalp you. Many times, traders tend to eat most of their capital before they call the experiment a failure.
Time Management
in
New Traders
Sep 04, 2019 at 06:05
Time management is required in order to become a successful trader. Just have a sound trading plan and review it timely.
What do you wish to achieve through forex?
in
New Traders
Sep 03, 2019 at 05:54
More money and knowledge to become an excellent trader.
Revenge trading
in
General
Aug 31, 2019 at 05:39
Revenge trading occurs mainly by the fear of being wrong. It happens when a trader decides to trade even more aggressively in his/her next trades because of losses he has been incurring.
Forex Tips
in
New Traders
Aug 26, 2019 at 05:48
Before you start your journey as a trader, you need to decide how are you going to execute your trades. You must know what kind of information is required to enter or exit a trade. Some traders choose to look at charts to determine the best time to trade whereas others use technical analysis. Whichever methodology you choose, be consistent and your system should keep up with the dynamic environment of a market.
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