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90% are loser ..why ? in Jauni treideri Sep 14 2022 at 07:31

Because they lack knowledge and skills and don’t even take time to learn. They just want to get rich overnight without any effort. A beginner in forex must be willing to learn and be patient as it takes time. Those who enter the market with the right mindset will definitely become successful in the long run.

Mind or Machine? What’s Better For Forex Trading? in Galvenais Sep 14 2022 at 07:30

Some will argue that the human mind is better for forex trading because we can act as per changes in the market conditions. Some will argue that bots are better for trading because they are accurate and will save a lot of time. I say - a combination of both the mind and machine can be the best and powerful duo to trade the forex market. The mind will analyse the market and have skilled predictions guided by instincts for the future market movement direction. When this mind is aided by a machine, we get more accurate information needed for analysing, and can also double check our predictions, o...

Good broker is needed in Galvenais Sep 12 2022 at 08:09

Here are some good ones as per my experience - fxview, xtb and fxtm, all are well-regulated and have good trading conditions.

Most people become unrealistic in Galvenais Sep 05 2022 at 06:40

I agree with the OP. People expect forex trading to be some magic, or some kind of a special kind of lottery where every person wins and gets rich overnight. Many people who enter into forex trading do not even know the basics of the forex market. That is why the failure rate in the forex market is so high.

scalping easy ? in Jauni treideri Jun 27 2022 at 04:34

As with any technique or strategy, scalping requires skill and knowledge to apply. It is not for namby-pamby, though.

money manage and leverage in Jauni treideri Jun 09 2022 at 05:13

To be a successful trader, you need to have a trading plan and stick to it. However, you may still develop bad habits that can lead to losses.Money management will minimise risks of the trade. Proper analysis of trading and use of strict risk management is necessary in order to avoid risk when trading practically.

Ready made strategy doesn't in Galvenais Jun 02 2022 at 07:11

This is so true. A trader needs to understand the logic behind a particular strategy in order to execute it properly. Just blindly following a popular strategy without any know-how will never give you good results. Any strategy will only work when the trader is well equipped with knowledge and skills. They will also need to improvise and modify the strategy from time to time when the situation demands. Backtesting a strategy will help you to decide if it will be helpful or not. There is no one size fits all strategy in forex. So you need to find what works for you and make it work for you in t...

Indicators are useful but in Galvenais Jun 02 2022 at 07:10

In my opinion, technical indicators can be used to simplify the complex data if a trader is having a hard time understanding and interpreting them. It is helpful for new traders and experienced traders alike as it helps them make quick decisions. It is important to use an accurate indicator that gives you relevant information. But they are totally optional and one can choose to not rely on indicators at all for their trades. Having a good amount of knowledge and understanding of the market is much more important than using an indicator. All you need is a good strategy, risk management and ana...

How much should you invest in trading in Galvenais Jun 01 2022 at 05:50

When you are just starting out, it is best to take things slowly. However, there is no maximum cap placed on the amount of money that can be invested by a trader. If you have a large amount of capital, you should break it up into smaller amounts and invest it in a variety of currencies that you understand.

What are the popular Techniques for Forex trading? in Galvenais May 26 2022 at 06:17

Different types of traders have come up with different ways to trade that can help you make money on the market. I am sharing some of the popular strategies:1. Swing trading strategy2. Position trading strategy3. Scalping trading strategy

Newcomers and demo trading in Galvenais May 26 2022 at 06:15

Regardless of your knowledge in trading, all new trades should demo trade for at least 3-6 months. Even though you don’t make money on a demo account, it teaches you quite a few things about the forex market, including trading skills and familiarity with the trading platform.

Which broker is better in Jauni treideri May 24 2022 at 11:46

You can consider these brokers. They are all multi-regulated low-spread brokers (from 0.1 pips) with good trading conditions.• Fxview - commission fee ($2/lot RT), Regulations (CySec and FSA)• ICMarkets - commission fee ($7/lot RT), Regulations (FSA, ASIC, CySec and SCB)• XM - commission fee ($7/lot RT), Regulations (FSC, CySec, DFSA and ASIC)

Can forex trading make you rich ? in Galvenais May 20 2022 at 04:47

Yes, one can certainly build a fortune by trading forex! But whether it can make you rich or not depends on a lot of factors. The primary one is your trading knowledge. Moreover, it is very difficult to be consistent in trading. If you can keep the two aligned, then you can have a bright future ahead waiting for you.

Is forex is best source of income? in Jauni treideri Apr 26 2022 at 05:31

I won’t call forex the best source of income as I know that it’s not easy to generate regular income with it. The forex market is always moving and you may not be able to predict it accurately every time. So, if possible, trade forex part-time and take a regularly paying job so that you don’t have to go through hard days.

How long does it take one to be consistently profitable with forex trading in Jauni treideri Apr 26 2022 at 05:25

That’s completely fine. You must take as much time as you need to learn and get your basics cleared. I took around a year to obtain the basic education and another 2 months to demo trade.

Trading for the long-term in Galvenais Apr 26 2022 at 05:24

Whether you trade long-term or short-term is determined by a variety of things. For both time spans, the most crucial aspect is a strong strategy. You will lose money in trading if you do not have a decent plan.

Is a demo account really neccassary? in Jauni treideri Apr 22 2022 at 05:33

A demo account is really necessary if you want to know about the market and practice the trading. Trading on a demo account gives you insights about your trading skills, market behaviour, and strategies. You can experiment on a demo account without having any fear. You do not have any risk of losing money there.So if you're just entering into forex trading, you must start with a demo account.

Fear is the greatest reason in Galvenais Apr 20 2022 at 06:54

Trading is impossible without risk, and when you put your money on the line, you run the danger of losing it. However, you can't trade if you're afraid, therefore try to stay away from emotions while trading. Just keep in mind that profit and loss are simply a part of trading.

Demo Trading Advantages in Galvenais Apr 20 2022 at 06:53

The most significant advantage is that you can learn to trade for free. You can watch the market movements and evaluate the leverage risks. You have a good understanding of how the trading market works and can develop strategies accordingly.

Greed is poison in Jauni treideri Apr 19 2022 at 06:43

When a trader allows emotions to carry decisions, he or she is bound to fail. Many traders over trade expecting quick money. Often, it is the lack of understanding and knowledge that clouds their thinking leading them to loss, instead of profit gains.

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