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officialali_fx
Which pair do you use?
in
New Traders
Jan 18, 2022 at 17:31
XAUUSD has got to be one of my favourite pairs to trade especially with a stronger dollar coming into play. Other than that I do love the volatility of GBPJPY and EURUSD too.
Is a demo account really neccassary?
in
New Traders
Jan 15, 2022 at 14:50
I think it is important to use a demo account to get a feel of trading especially if you are a beginner trader, however like a few people here have mentioned, it does not give you the experience of trading psychology that you feel when actually trading with a real account. I think a mix of both (demo and real) where the real only has a small balance, which you can use to build your trading experience, work on your strategy and build trading psychology is definitely ideal.
Newbie looking for guidance and support
in
New Traders
Jan 15, 2022 at 14:44
I agree with most that has been written here, especially on using signal service providers, as I do think this can put a dent to your own future trading career, so it is more preferable to follow signals (if you are going to) who actually provide the market, technical and fundamental analysis with each signals so you are learning their strategy too which you can then adapt to your own trading plan.
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