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How to trade effectively in forex?
新規トレーダー
の中
Mar 18, 2023 at 11:36
In my opinion, qualifications are not that important, but skills are more important.
What factors to consider when picking traders on copy trading platforms?
一般
の中
Mar 18, 2023 at 11:32
To check if a trader's results on a copy trading platform are real, you can look at their profile and see their experience, performance history, and strategy. Look for traders who are transparent about their trading style and are willing to answer questions about their performance. Some platforms like Zulutrade even verify traders' data through brokers which ensures their authenticity. And be wary of traders who rely on risky strategies, such as high-frequency trading or excessive leverage.
Favorite financial markets movies and series?
一般
の中
Mar 18, 2023 at 11:31
My favourite is The Wall Street.
How to increase trading skills ?
新規トレーダー
の中
Feb 21, 2023 at 12:47
One good option is to read more about trading and try to understand the market.
Is Copy Trading profitable?
一般
の中
Feb 21, 2023 at 12:38
I agree with @Investfox ! That’s why it’s important to do your research on traders before copying their trades. To determine a trader's potential success, you should consider their trading history, risk score, winning trades and their maximum drawdown.
Money Management Tips
一般
の中
Feb 21, 2023 at 12:37
In my opinion best money management tip is to use a stop loss.
Is a demo account really neccassary?
新規トレーダー
の中
Feb 10, 2023 at 09:56
A demo trading account can be a valuable tool for traders, but it is not necessary. If you're a beginner or inexperienced trader, a demo account can be a great way to gain experience and confidence.
What is copytrading like as a signal provider?
一般
の中
Feb 10, 2023 at 09:53
I agree with @Prince Sajir! Would like to add few more points:Try to figure out the reasoning behind their strategies. Look for traders who have a clear and consistent strategy, since these types of traders tend to make fewer impulsive decisions. You can also test traders on a demo account and monitor their performance.
What are the best practices when trading?
一般
の中
Feb 10, 2023 at 09:50
One thing you can add more is to keep emotions in check while trading.
Does forex strategies usually work>
一般
の中
Feb 01, 2023 at 12:06
It depends on the strategy being used and the market conditions. Some strategies may work well in certain market conditions, but may not be effective in others. It's important to thoroughly back test and evaluate a strategy before using it in real-world trading, and to continually monitor and adjust as necessary.
Copy trading
新規トレーダー
の中
Feb 01, 2023 at 12:02
Personally, I use zulutrade to copy traders, and it's been a good experience for me. You can also test the platform on their demo account to see for yourself. Worth giving a shot!
Psychology of trading
一般
の中
Feb 01, 2023 at 12:00
Emotions can have a significant impact on trading decisions, leading to impulsive behaviour and poor performance. Here are some tips to help manage emotions in trading:1. Develop a trading plan: Having a well-defined plan can help you stay focused and avoid impulsive decisions.2. Practice risk management: Limit your potential losses by setting stop-loss orders and sticking to them.3. Stay disciplined: Stick to your plan and avoid deviating from it due to emotions.
Copy trading
新規トレーダー
の中
Jan 21, 2023 at 08:55
When it comes to leverage and margin levels, you can customize the settings to fit your own trading needs and risk appetite. You need not copy other traders' exact settings. And as for my experience with copy trading, I get to see some decent trades and I'm also learning a ton. If you're new to the game, I'd definitely recommend you to give it a try.
Favorite financial markets movies and series?
一般
の中
Jan 21, 2023 at 06:56
The Big Short is my favorite.
The fear of losing opportunity
一般
の中
Jan 21, 2023 at 06:53
Same here, buddy! A lot of opportunities come and go, the right ones should be identified and utilized in a proper manner.
Books or Videos - Which one is better for learning?
新規トレーダー
の中
Jan 16, 2023 at 11:21
Yes, same with me.
Is Copy Trading profitable?
一般
の中
Jan 16, 2023 at 11:15
Yes, copy trading can be quite profitable, keeping in mind that it all depends on the performance of the trader or strategy being copied. There are many platforms that allow newbies to replicate the trades of more experienced traders, but I suggest before opting any, DYOR!
Consistency is the brick
一般
の中
Jan 16, 2023 at 11:13
Completely agree with you, buddy!
Psychology
一般
の中
Nov 24, 2022 at 11:10
Psychology is the emotional component of an investor's decision-making process which may help explain why some decisions appear more rational than others.
Does forex strategies usually work>
一般
の中
Nov 24, 2022 at 11:04
Strategies do not always work it mostly depends on the market situation and the choice of the strategy.
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