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reggae
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Not that easy
in
General
Dec 07, 2020 at 11:33
Very true. You will need to put lots of time into understanding the forex and its concept before you can make a profitable returns. All the strategies, psychologies, mindsets, etc are to be used.
Is FP Markets suitable for scalping ?
in
General
Dec 07, 2020 at 11:32
FP has good trading conditions, but their commission is somewhat higher than what I was expecting. One thing I noticed is that their trading conditions are similar to fxview and tickmill except they have lower commission - $1 and $2 per 100k per side respectively, which is what I’d like to see for scalping.
Trading in lower timeframes
in
General
Dec 07, 2020 at 11:32
Both are useful to trader. Lower timeframe means more volatile, useful if you are experienced scalper.
Forex Amount
in
General
Dec 07, 2020 at 11:31
Agree! But if you are not that serious when it comes to forex trading, then it is better to deposit as low as you can. But if you want to make a good profitable return, then $100 seems viable option for that
ASIC leverage down
in
General
Dec 07, 2020 at 11:30
Ouch.To be honest, I never had any complaint in doing leverage. I like to stick with lower lever leverage.
It is the psychological aspects
in
General
Dec 01, 2020 at 11:26
Yes, because you obviously realized that the money are not real in demo account so you are not that scared about losing money as compared to live account
Brokers ban deposits from Neteller/Skrill
in
General
Dec 01, 2020 at 11:19
Bankwire is much safer option indeed, though I don’t see any kind of ban with my brokers (Fxview, ICM). I’ve used it too.
Don't go against trend
in
General
Nov 02, 2020 at 12:17
There is a reason for that, else we would be rich by now.
scalping easy ?
in
New Traders
Nov 02, 2020 at 12:17
At the same it is very risky process and can be a mess if you do not know what to do.
Choosing a new broker
in
General
Nov 02, 2020 at 12:16
Since you are new first and foremost thing to learn to spot out bonus bogus people.Now since you need a new broker, according to one of your requirements (low spreads and commissions), Fxview and tickmill are good options and as for reviews and leverage, well you should always check reviews before going with any broker. And as for leverage, I don't think any regulated broker will offer you high leverage, because then you're funds will be at stake. XM has over 888 but that is outside regulated hand. So better be careful on that front too. All the best!
Fxview
in
Brokers
Oct 14, 2020 at 11:48
When I first heard about their too good to be true conditions, i kept on wondering if it'll be a good deal. but after hearing so many positive reviews on forums. I opened my account with €500 to test. and this week i am going all in. That speaks for itself. Regulated+ super trading conditions.
Transitioning to higher leverage
in
New Traders
May 25, 2020 at 04:32
I think 100x is a little bit too much. But if you can transition it slowly and gradually, then I guess it should be fine. I would probably stick with lower level of leverage.
Newcomers and their greediness
in
New Traders
May 22, 2020 at 10:43
Very true. They need asses the power of risk management and money management else they will be having hard time avoiding the losses
Useful Resources
in
General
May 22, 2020 at 10:41
It is not easy for the beginner. Just keep practicing and you will get there
Trade
in
General
May 21, 2020 at 08:54
3 years in next month.
Discipline and Forex Trading
in
General
May 21, 2020 at 08:53
This! It is important to keep in mind that you cannot make the money overnight. It takes lots of practice and patience to do so.
Patience is best tool to get success
in
New Traders
May 20, 2020 at 12:01
Agree with you on that. Patience is a role and key factor in forex trading. It may seems nothing when you are starting but once you are getting there, you will realize how important that is.
Money Management
in
New Traders
May 20, 2020 at 11:59
Bingo
newcomers trading habit
in
New Traders
May 19, 2020 at 04:29
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.
How to find Great Traders for invest/copy?
in
New Traders
May 19, 2020 at 04:26
Couldn't have said it better. Risk Management is always an important and first priority
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