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IcMaket and PayPal
in
Galvenais
Aug 01, 2021 at 11:28
Bad spread and slippage can happen during any big news events. When you open an account you agree with the terms and conditions. So I don't think dispute will help you get the money back.
Common mistakes
in
Galvenais
Jul 31, 2021 at 10:51
Common mistakes are those that we do again and again. Over trading, revenge trading, no money and risk management all are common mistakes.
Broker
in
Galvenais
Jul 31, 2021 at 10:34
Broker is the medium by which we can do online trading. We should be very careful to choose a broker as there are lots of scam brokers out there online.
Are you afraid to lose your trade?
in
Galvenais
Jul 31, 2021 at 10:32
Most traders have fear of losing. That's why they hold the losing trades in the hope of reversing it. To remove fear you need to know what and why you are opening a trade.
What works?
in
Galvenais
Jul 31, 2021 at 10:28
A lot of things works. The question is what you can learn? How much you can learn? How much passion you have for learning?
Forex is the biggest financial
in
Galvenais
Jul 27, 2021 at 08:49
There is no doubt that forex is the biggest financial market in the world in terms of daily transactions. But to make money here, one needs to have enough knowledge and experience.
No alternative to learning
in
Galvenais
Jul 27, 2021 at 08:08
Forex without knowledge, skills and experience is nothing but gambling. That's why there is no alternative to learning the art of trading.
Choosing a pair
in
Galvenais
Jul 27, 2021 at 08:06
@glendawhite I prefer GBPUSD. It seems I understand this pair more than other pairs. Yeah EURUSD is a safe pair.
Famous Traders and Investors, what to think of them
in
Galvenais
Jul 27, 2021 at 08:03
@Hrenz Yes I also agree with you. Successful people deserve respect. They have earned it with their work. But a people can be famous for worng reason as well.
News trading is very tempting
in
Galvenais
Jul 24, 2021 at 10:37
@winning_trades During news release time, market moves a lot. But trading during this time is not a good idea. During this time market becomes most unpredictable. If you are not very expert, it's better to stay away from trading during this time.
backtesting
in
Galvenais
Jul 24, 2021 at 10:33
@AliaDare Demo trading can give us confidence about our strategy. If the strategy is doing good on demo, it will do good on live as well.
Follow the rules and Don't lose your money.
in
Galvenais
Jul 24, 2021 at 10:22
@Keuschur Yes psychological factors are the most important things in forex trading. People get emotional attachments to theirs trades. That's why they can't close trade even though they it will not give profit.
What works?
in
Galvenais
Jul 24, 2021 at 10:19
@FedericoLin Yes you are absolutely right. Along with those quality one needs to know when to trade and when to sit out and observe the market.
Follow the rules and Don't lose your money.
in
Galvenais
Jul 15, 2021 at 06:40
Following rules is important. But before that we need to make effective rules. Rules that beneficial for trading. Rules that prevent you taking unnecessary trades.
Fear makes you
in
Galvenais
Jul 07, 2021 at 04:54
Fear is such an emotion that causes loss to the traders. There are two types of fear in trading. Fear of losing money and fear of missing out any movement in the market.
Part time trading
in
Galvenais
Jul 07, 2021 at 04:51
One can take forex as part time as trading doesn't need a lot of time. But he needs to develop good skills and experience. For that he has to give time in learning.
Every pair has its own specific characteristics
in
Galvenais
Jul 07, 2021 at 03:53
@Michihito Yes I agree with you. Every pair has its own charactistics. When I start to watch chart for a single pair I started notice this.
Only a small percentage
in
Galvenais
Jul 07, 2021 at 03:43
Yeah it's been said that only 5% traders can make money in the forex market for the long run. Rest 95% can not make regular Profit.
Broker and regulations
in
Galvenais
Jul 07, 2021 at 03:39
Yes regulation of a broker is very important. One should not trade in any unregulated broker. With unregulated broker, your money is at risk. Be wise to choose a broker.
Fundamental analysis will always
in
Galvenais
Jul 07, 2021 at 03:37
Fundamental analysis is very important. But for this one needs to be expert in data and financial matters. It requires a lot of study. Only news is not the fundamental.
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