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When a trader is a newbie
in
Galvenais
Jan 19, 2022 at 11:23
When a newbie enters the forex market, they have no prior experience, thus it is advisable to begin preparing and learning about the forex market and how trading works.
There is no short cut
in
Galvenais
Jan 19, 2022 at 11:18
True. In trading, there are no shortcuts. You can only be fully successful if you have both knowledge and skill.
Good broker is needed
in
Galvenais
Jan 19, 2022 at 10:41
A good broker is one who always ensures their clients' deposits with a diverse range of trading advancements. Furthermore, any good broker would not restrict any trading strategies such as scalping and support. They provide the greatest trading conditions for employing any trading framework by offering low trading spreads.
PAMM Money Manager on VantageMarkets
in
Galvenais
Jan 19, 2022 at 10:26
Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading.
Mistakes.
in
Galvenais
Jan 19, 2022 at 10:25
It's common to make mistakes in the forex market. However, if you can use your failures as learning opportunities, you can achieve success.
What is the best strategy used as a new trader?
in
Jauni treideri
Jan 19, 2022 at 10:21
To learn the basics, new traders should usually work with indicators. Basic notions must be developed by evaluating several types of indicators like as the moving average, the RSI, and the Bollinger bands, among others.
The dark side of forex markets
in
Jauni treideri
Jan 19, 2022 at 10:15
Very well said! Forex trading has provided a way for people all over the world to make money. You don't have to worry about the rest of the world if you trade the way you want.
Don’t Let Your Emotions Dictate Your Forex Trading
in
Jauni treideri
Jan 19, 2022 at 10:13
This is crucial since it can effect your trading, therefore keeping your emotions under control will help you avoid making costly mistakes in your trading.
Pending order executed far below price?
in
Jauni treideri
Dec 11, 2021 at 19:02
This is a good choice, but it necessitates trader understanding.
New in forex trading
in
Jauni treideri
Dec 11, 2021 at 18:47
You must first select a reputable broker. After that, you must practise demo trading with that broker. You'll also need to do a lot of research and gather information online in addition to demo trading.
NEW TO TRADING
in
Jauni treideri
Dec 11, 2021 at 18:41
You must first select a reputable broker. After that, you must practise demo trading with that broker. You'll also need to do a lot of research and gather information online in addition to demo trading.
FX Trading Tips
in
Jauni treideri
Dec 11, 2021 at 18:36
Thank you so much for providing this data. For the past year or so, I've been reading and learning about forex. This has helped me think more clearly about my trading abilities and what I need to improve.
Trend Definition
in
Jauni treideri
Nov 13, 2021 at 16:20
A trend is a long-term tendency for prices to move in a certain way. Long-term, short-term, upward, downward, and even sideways trends are all possible. The investor's ability to spot trends and position themselves for profitable entry and exit points is critical to their success in the FX market.
Expert Advisors vs. Signal providers vs. AutoTrade... how to chose?
in
Jauni treideri
Nov 13, 2021 at 16:19
Forex signals themselves are completely legal, and the legal status of the company is nothing to do with you, so you're in no hot water from using the service
Correlations
in
Jauni treideri
Nov 13, 2021 at 16:17
Currency correlations or forex correlations are a statistical measure of the extent that currency pairs are related in value and will move together. If two currency pairs go up at the same time, this represents a positive correlation, while if one appreciates and the other depreciates, this is a negative correlation.
MM vs ECN, one question still not asked
in
Jauni treideri
Nov 13, 2021 at 16:16
Thank you for sharing
GBP/USD
in
Jauni treideri
Nov 13, 2021 at 16:14
The GBP/USD (British Pound/U.S. Dollar) is an abbreviation for the British pound and U.S. dollar currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one British pound (the base currency).
Shorting the GBP/USD
in
Jauni treideri
Nov 13, 2021 at 16:13
Shorting (or 'selling') the pound means taking a position that will earn you a profit if the value of the pound goes down in relation to other currencies. Selling is the opposite of going long (buying), which means taking a position that makes profit if the pound's market price increases.
Forex trading for cash flow..
in
Jauni treideri
Nov 13, 2021 at 08:11
Only a very few will ever make billions trading forex. However, the success of the top traders shows that you can get rich trading forex. Even the best traders will lose money sometimes, but if you can start to regularly turn a profit, then you are well on your way to success.
GBP/USD Latest State
in
Jauni treideri
Nov 13, 2021 at 08:09
GBP/USD drops notably today but it's still defending 1.3646 support. Intraday bias remains neutral first. On the upside, above 1.3833 will resume the rebound from 1.3410 to 1.3912 key structural resistance.
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