Sometimes I got maximal result by using EA but I never depend on this. I always try to depend on my trading knowledge that I have acquired by passing a long time with great patience.
for best trade i have passed a long time for ensuring better trading signal , got so many signal provider free or paid , but its all about temporary , it not works for a long time at all. so don't depend on it at all.
which amount is more appropriate for new Forex trader , it depends on how much basic knowledge he acquired including practicing, if any newcomer go thorough all basic level of trading with live experience for 6 month , i think he has the capability to reduce unfortunate losses and risk.
For me, the best trade was when i made ten consecutive profits in a day. Well i don’t know if that is best for others or not, but it was the best one for me. Also, i would like to add that there there no best way to do things. Coz what’s best for you may not be the best for others. what’s best for you today might not be best for you on some other day.
For leading a secure and profitable trading life with certainly there is no alternative way to trade in a broker which is regulated. Because only regulated trading brokers can make sure security of funds at any deposits with a wide range of trading technologies.
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
generally major pairs are much save than others. newcomers should choose the pair which is more appropriate to the concept of trading that will be used, if love scalping should choose the pair which has most lowest trading spreads.
Roberto21 posted:
generally major pairs are much save than others. newcomers should choose the pair which is more appropriate to the concept of trading that will be used, if love scalping should choose the pair which has most lowest trading spreads.
Besides; the trading spreads are relatively low; so no doubt; major pairs are much profitable than the exotic pairs!
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Oct 28 2019 at 15:06
Mohammadi posted:
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
I think; watching video tutorial is much effective way than reading any trading eBook; it’s my personal experience! But no doubt, popular FX forums are playing very important role here!
