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Posts by
shortant
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Forex Courses
in
New Traders
Mar 09, 2022 at 05:06
I have done a few courses on Udemy. They are nice but you can find the same information for free online.
What makes a good MT4 broker????
in
New Traders
Mar 07, 2022 at 12:42
Low spreads, faster execution and easy payouts are the things that I consider while choosing a Mt4 broker and I find Coinexx reliable in this regard.
Consistency is the brick
in
General
Feb 28, 2022 at 06:58
The skills required to become a forex trader requires time. Only those traders become successful who are consistent and learn from their mistakes.
Leverage is useful or not ?
in
General
Feb 25, 2022 at 05:24
Quite a difficult question, the role leverage plays in your trading plan is totally dependent on the trader who has the complete power to turn it into a boon or bane. Leverage is an important tool as it enables the traders to borrow capital for gaining exposure and controlling big trades that further leads to maximising profits. Always remember that it is important for traders to strategize, minimise and effectively manage risks associated with leverage.
What Are Your Golden Rules?
in
New Traders
Feb 22, 2022 at 06:08
Really good points. But I believe a trader should not risk more than 2% per trade. For every trader, protecting their capital should be the first priority, even more important than earning profits.
scalping easy ?
in
New Traders
Feb 22, 2022 at 05:54
Who said scalping is easy? Scalp trading strategy has the potential to earn you a good amount of profit but is also hard and risky. A trader should be thorough with his technical analysis and have a quick decision making capability. Along with a calm and patient psychology.
Manual is best
in
New Traders
Feb 16, 2022 at 08:02
I use EA’s and they are profitable. No doubt that there are some drawbacks like it only works within a certain range that we set before integrating it with our platform. I change the setting according to conditions in the market to make it effective.
Patience is best tool to get success
in
New Traders
Feb 15, 2022 at 04:23
No doubt patience is an important trait that every trader must possess. The subject, forex market, is a very vast and a bit complicated subject for which a trader needs to be patient enough to learn. Even while making trades a trader should have patience and shouldn’t keep dipping in and out of their positions.
Diffrence between real & demo trading
in
New Traders
Feb 15, 2022 at 04:02
The major difference between real and demo accounts is that demo accounts are good for testing out strategies without the fear of losing real money.
Best Broker
in
General
Feb 11, 2022 at 09:54
I like Coinexx for low spreads and speedy executions.
Most people become unrealistic
in
General
Feb 09, 2022 at 05:40
People who are unrealistic in forex trading will lose their money. This is because they spend time following patterns, indicators and gurus. It's actually all pointless. One should develop a trading plan and stick to it. If they don't, they will most likely lose their money.
Which pair do you use?
in
New Traders
Jan 24, 2022 at 04:29
You can use major pairs while trading forex to allow for a stronger possibility of making money. These include EURUSD, GBPUSD, USDJPY, USDCHF, NZDUSD, and AUDUSD.
Introduction to myself (I'm looking for a U.S Broker)
in
New Traders
Jan 21, 2022 at 04:16
A trader should know what they're getting into when they decide to trade in the foreign exchange market. One should check the reviews before signing up with a broker. Forex trading can be high risk with the potential for large rewards.
The dark side of forex markets
in
New Traders
Jan 20, 2022 at 04:38
Proper knowledge about the market will help you to get out of it faster. Knowledge gives an edge over the market and enables you to predict the consequences of your actions.
hi. I'm new to forex trading.
in
New Traders
Jan 20, 2022 at 04:37
Hi there, welcome to the forum. Start learning about Forex trading by reading and watching videos. With proper knowledge, you will be able to generate profits. Best of luck
Tips To Being A Successful Trader
in
New Traders
Jan 18, 2022 at 05:27
A professional trader is one who knows how to take advantage of the market. And a successful trader is probably the one who is mostly right with his moves.
Don’t Let Your Emotions Dictate Your Forex Trading
in
New Traders
Jan 11, 2022 at 04:14
As humans, we can’t control our emotions completely. But when you have seen the market closely and know how calculative you have to be with your trading moves, you get better at managing them. Avoid revenge trading by taking a break after every loss you make.
Choosing a new broker
in
General
Jan 06, 2022 at 04:45
While choosing a new broker, I look into the pairs they offer, their pricing and execution speed. For this, I generally rely on live trading conditions because I know that the results on a demo differs largely from the live account. Currently I’m trading with Coinexx only after testing them on a micro account. Seems to be good.
Most traders are impatient
in
General
Dec 31, 2021 at 05:17
Most traders are impatient and want to see results immediately. They get discouraged when they do not see the profits they expect and give up too soon. Successful traders have the patience to wait for the right opportunity and to take advantage of it when it arises.
Forex trading is easy for
in
General
Dec 31, 2021 at 05:08
Forex trading is easy for those who have the right knowledge and money management. But it is quite hard work for those who do not have enough knowledge about the forex trading market. One can achieve their goals by educating themselves about the forex trading market.
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