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Trading Psychology: The Key to Success in Forex
일반
에서
Oct 24, 2024 at 05:18
Thank for you sharing in detail.
New to trading
신규 트레이더
에서
Oct 24, 2024 at 05:16
I'd say a great place to start is by learning the basics, for example, things like how the market works, managing risk, and using technical analysis etc. There are plenty of online resources for this - youtube, blogs, free courses and more. Once you're starting to get comfortable, the next step is to open a demo account with brokers that offer islamic accounts like Fxview, AvaTrade and Tickmill. And then gradually make your way to start small with a live account to get some experience.
"What’s your biggest challenge in risk management?
일반
에서
Oct 24, 2024 at 05:15
For me, the biggest challenge is emotional trading. I sometimes tend to indulge in revenge trading but somehow working on it.
Forex Broker Recommendations?
신규 트레이더
에서
Sep 12, 2024 at 05:09
For me, having low spreads is important and fxview is a good choice for that matter. Been trading with them, and all good so far.
What would you rather use for trading?
신규 트레이더
에서
Sep 12, 2024 at 05:00
If you're new to trading, I’d recommend starting with indicators to get a feel for how the market moves. Once you’re comfortable, you can explore Expert Advisors or signals for automated strategies. Social trading is great too, especially if you want to follow experienced traders and learn from their moves. It really depends on your learning style and goals.
Is forex is best source of income?
신규 트레이더
에서
May 16, 2022 at 08:15
Yes but only if you have right amount of knowledge and skills.
0 spread low commission broker.
숙련된 트레이더
에서
May 16, 2022 at 08:10
There is nothing like 0 commission i believe, it only adds up to your spreads that’s why my approach is to find a broker with low commission & thin spreads, something like fxview, tickmill and many more.
Mind or Machine? What’s Better For Forex Trading?
일반
에서
May 16, 2022 at 08:09
Can't debate on that i think both are important.
Different levels of leverage
신규 트레이더
에서
Dec 23, 2021 at 11:47
my brokers fxview and tickmill both offer upto 500x, but I tend to use only 100x or max 200x to be safer.
Which indicator you use most for your trading?
신규 트레이더
에서
Oct 20, 2021 at 08:54
MACD and RSI works for me.
No one should depend upon luck
일반
에서
Oct 20, 2021 at 08:52
yes and sound knowledge is required.
Any good brokers with proper leverage / cent account for EU residents
일반
에서
Oct 20, 2021 at 08:50
well not anymore, they are offering 500x leverage now thanks to the svg licence.
Forex Community
일반
에서
May 24, 2021 at 12:21
I really enjoy interacting with so many knowledgeable traders here.
Which is the best broker for tick scalpers ea's
일반
에서
Dec 29, 2020 at 12:13
Fxview actually has low spreads, they are my favourite now.
Time Management
신규 트레이더
에서
Dec 03, 2020 at 11:01
Time management is crucial not just in trading but in every sphere of life.
What is your favorite leverage?
일반
에서
Dec 03, 2020 at 10:51
High five. Using 1:30 with fxview atm. Low leverage works for me.
Overconfident
신규 트레이더
에서
Dec 03, 2020 at 10:39
Do not let overconfidence chip away your profits.
Is demo trading enough before real account?
신규 트레이더
에서
Oct 29, 2020 at 09:48
Other than demo trading, you can also do a free babypips course to enhance your knowledge about trading and refer some youtube channels as well.
Forex and its earning
신규 트레이더
에서
Oct 29, 2020 at 09:45
True. Having a solid trading plan helps you to take the right decision for your trading.
Is FP Markets suitable for scalping ?
일반
에서
Oct 26, 2020 at 12:46
Agree.. People tend to look at spreads without considering the commissions. In most cases there's high on either side, spreads or commission except few brokers including fxview, tickmill, fpmarkets.
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