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radioactive
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Does anyone know them?
in
New Traders
Oct 18, 2024 at 04:39
what is your best trusted broker
in
New Traders
Oct 18, 2024 at 04:38
strategies and indicators
in
New Traders
Oct 18, 2024 at 04:38
By gambling one can get
in
General
Oct 18, 2024 at 04:37
"What’s your biggest challenge in risk management?
in
General
Oct 18, 2024 at 04:36
Honestly, it's a mix of sticking to the stop-loss and emotional trades for me. Sometimes I set a stop-loss, but when it gets close, I'm like, nah it will bounce back, but then it doesn't.Emotions definitely sneak in when the market gets wild, and I end up making trades I wouldn’t normally do. The plan's solid, but man, keeping the discipline is the real challenge!
What would you rather use for trading?
in
New Traders
Aug 28, 2024 at 08:55
Social trading is good if you are new to trading and want to try to copy someone's trade to understand and get better
Forex Broker Recommendations?
in
New Traders
Aug 28, 2024 at 08:53
Fxview for their trading conditions and pepperstone for their cTrader platform. Both are really worth my time.
Honest truth about forex.....
in
New Traders
Aug 28, 2024 at 08:53
Some people are not understanding how leverage works and tend to blow up their account which is biggest issues to this day. I have met and talked with few traders whose account were completely wiped out due to high leverage.
What are the main challenger new traders face nowadays?
in
New Traders
Aug 28, 2024 at 08:52
Not setting the SL, I cannot fathom at how many people ignored that.
Psychology of trading
in
General
Feb 28, 2023 at 11:35
The psychology of trading refers to how traders' thoughts and emotions influence their decision-making process and trading behavior. Key factors that can affect a trader's performance include fear, greed, overconfidence, and impatience. To succeed in trading, traders must develop self-awareness, emotional control, and discipline, and understand that managing their psychology is just as important as technical analysis and other trading skills.
Scam Brokers You Should Stay away from
in
General
Feb 28, 2023 at 11:33
IG? That's unexpected.
Looking for the best broker
in
General
Feb 28, 2023 at 11:33
Fxview if you are looking for cost efficient broker (commission is $1 per side), BDSwiss if you are looking for reliable trading platform (simple and efficient)
Why are some traders successful?
in
General
Feb 28, 2023 at 11:31
For me, knowledge and experience - I truly believe that successful forex traders often have a deep understanding of the markets they trade in, as well as a wealth of experience in trading.
Money Management Tips
in
General
Feb 28, 2023 at 11:28
With my trading experience, here are some money management tips for forex trading:1. Set a budget you're comfortable with2. Use stop-loss orders to limit losses3. Use leverage carefully4. Stick to your trading plan5. Don't risk more than 2% of your account on any single trade.
Newcomers and demo trading
in
General
May 13, 2022 at 04:01
ya, that's true. Demo trading is the first and most important step to start for trading.
Various Reasons why ppl use a lot of brokers.
in
General
May 13, 2022 at 04:00
Ya OP, that is factually true. There are so many brokers giving various services to clients that they can pick and choose which one works best for them. For me, the reason why I picked fxview is because of their low-cost commission, which is just $2/RT. And pepperstone for cTrader trading platform.
Is trading hard?
in
General
May 13, 2022 at 04:00
Surely realizing that trading is definitely not easy to start, but all it takes is patience and preparation and understanding how forex market works will get you far and can constantly improve your skill.
Demo can not make you well experienced
in
General
May 13, 2022 at 03:57
I strongly disagree. I believe that demo trading exists solely to assist you to refine your methods or backtest your strategies, given that you are not spending money in your demo trading. When compared to live, one thing you will not be able to feel is emotions when placing an order.
Emotion in Forex trading
in
General
Feb 25, 2022 at 11:30
You cant runaway from emotions. They are the part of a trader's mindset. How well you tackle with it and handle your profits and losses is the key in forex trading.
Best Broker for a Newbie
in
New Traders
Feb 25, 2022 at 11:23
@Jude_craig Last time when I used them, they were all on quick feet. Maximum withdrawal was within a day.
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