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marindateal
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Posts by
marindateal
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How long it takes to learn
in
General
Oct 15, 2021 at 10:49
Never stop learning about forex and trading. It gives an edge to make money while trading forex.
Risk/Reward Ration-Why you should master the Act.
in
General
Oct 15, 2021 at 10:27
No one can be right every time. However the risk-reward ratio can be used to make decent profits from the Forex market.
Emotional Trading
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General
Oct 08, 2021 at 11:16
Emotions are natural and one can never control them. What a trader can do to avoid emotional trading is to stop reacting to the points that trigger their emotions, for example when a trader faces a loss. If a trader does not react to such circumstances it is highly unlikely for them to fall into the emotional trading trap.
What works?
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General
Oct 08, 2021 at 10:35
@Cenaya well said , It's all about how a trader evaluates the market conditions and plays his bets.
Looking for reliable ECN brokers...
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General
Oct 04, 2021 at 13:25
Good choice to try out demo of a couple and then choose one. I did the same before settling with coinexx.
The less complicated trading system
in
General
Oct 04, 2021 at 03:54
Why complicate things when simple can suffice?!
Forex market offers great opportunity
in
General
Oct 01, 2021 at 09:28
The foreign exchange market is the largest financial market in the world. The market is open 24/5, which gives such flexibility to traders.
Both fundamental and technical
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General
Oct 01, 2021 at 08:07
Both fundamental and technical analysis are important in trading. Trader can ignore one only at his own expense.
Leverage is among the things
in
General
Sep 24, 2021 at 06:34
True that but more than choosing the right kind of leverage what is important is to understand your risk appetite and what the market demands. Many traders go for higher leverage with zero risk management and trading strategies, hence resulting in blowing up their leveraged trading account, which is the mother of all stress.
Making money is a habit
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General
Sep 22, 2021 at 08:27
It is important to pay attention to the market condition and movements. Making money is easy when you know the ways and are dedicated towards it.
Reasons why you should NOT trade cryptocurrencies
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Crypto
Sep 22, 2021 at 07:50
@Karlos Fandango spot on , and I believe there is plenty of scope in crypto and many people can make tons of money if they trade correctly in that market.
Is math important for trading?
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General
Sep 22, 2021 at 06:23
A general level of mathematics is always needed in every aspect of our life, even in forex, so yea, it's pretty useful to know your numbers.
Luck or Hard Work?
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New Traders
Sep 21, 2021 at 05:45
@HeavenLeighGill I am with you on this , many traders step into forex with partial or no knowledge and most of them are influenced by their friends or youtube channels . I think people should treat forex as a real deal and a serious business, instead of just executing the trade for the sake of it. They should learn how to do a risk assessment and money management. It's not luck but their hard work that would make them a successful trader
Which forex platform we can consider for demo trading?
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New Traders
Sep 20, 2021 at 11:04
Coinexx MT4, started with demo, now using their live account
There is no way to take revenge
in
General
Sep 20, 2021 at 10:15
@lovefortrading without a doubt. A thorough due diligence is very necessary to have a successful run in the market .It's the very basic need that traders need to understand.
There is no way to take revenge
in
General
Sep 20, 2021 at 10:08
@MarcelDurham I feel there shouldn't be an urge to compete with the market . Traders need to understand that there can not always be a win-win situation for them. Once they hit the bottom it's better to take a break and not make the matter worse.
Crypto death
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Crypto
Sep 18, 2021 at 08:15
The crypto market is highly volatile. The crashes are deep but it takes no time for the bull run to make a return. The recent market performance is proof to it .
How to answer what do you do for a living?
in
Experienced Traders
Sep 18, 2021 at 04:58
@CakeMoss couldn't agree more . Many people aren't aware about the true nature of Forex and how profitable it is if done properly. But I also feel people shouldn't hide what they do. I prefer calling myself a forex trader as it took me years of study and practice to become a moderately successful one :)
How much should you invest in trading
in
Experienced Traders
Sep 17, 2021 at 12:09
This is some really good advice. I wish i had someone like you during my novice forex years , i would have surely made some good amount during the initial phase of the forex trading career. But i would like to ask what if that trader cannot afford $1000, would you suggest they leverage it?
Over-trading is a very harmful
in
General
Sep 17, 2021 at 10:37
This is very important and is becoming a common habit among new traders. I think overtrading happens when a trader’s trade fails at some point and in order to recover that money they go ahead with other trades without proper strategy or research work. This is majorly due to letting your emotions take the front seat.
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