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Can forex trading make you rich ?
in
Galvenais
May 13, 2020 at 09:23
the maximum result from Forex is not an easy task even though many of us try to make money easily . first of all you have to acquire most powerful analyzing trade knowledge which is the key to success in Forex. On the other hand despite of having most powerful analyzing trade knowledge it is not possible to achieve success without having a reliable support, because the broker can affects the result of our trading with certainly.
What leverage do you all use?
in
Jauni treideri
May 12, 2020 at 09:37
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
Broker
in
Galvenais
May 12, 2020 at 09:36
if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience. And EarnForex and Babypips can be a great source to find a right broker nowadays.
Luck is important
in
Galvenais
May 11, 2020 at 09:37
The Forex market is too much volatile and there is nobody who can predict the real faction of this market with certainly , that’s why for making profit with great consistency we the traders have to depend on our trading strategies that we choose according to our trading understanding. We the traders should choose the broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker that allows trading concept such as this.
Investing in Forex
in
Galvenais
May 08, 2020 at 10:48
for investing It is very much difficult to recommend at any brokers, because there are almost thousands broker in online retail market and most of them are found to be scams. From all we can choose the broker which is regulated and make sure a wide range of trading technologies.
Money Management
in
Jauni treideri
May 07, 2020 at 11:38
Money Management is one of the most important pillar here! Greedy Forex traders lose their full trading balance end of the day, since they don’t respect money management as well as risk management policies! On the other hand, professional Forex traders are able to recover their trading mistakes so smarty, because of using MM trading rules in their trading!
Tools to trade.
in
Galvenais
May 07, 2020 at 08:38
in order to me , the best way is for someone to get a demo account and then try Forex trading without the benefit of any training or even reading of the basic of Forex trading, this way , you will get confused a lot and therefore , if you get attracted to the trade, you will search the web and find out and learn about the things which are making you confused.
Tools to trade.
in
Galvenais
May 05, 2020 at 09:39
demo is the best place to see leverage performance , before live traders should use high leverage in demo., it always supportive to avoid risk when live.
Best Broker
in
Galvenais
May 04, 2020 at 09:12
Actually we know that we need to test their credibility and reliability for a broker. I know its so simple to have here learn what are their payment methods and their customer satisfaction but its really risky particularly if we are new. So better to also consider those older brokers and most important are that they have forums that we can have discussion about their broker.
Newbie looking for guidance and support
in
Jauni treideri
Apr 29, 2020 at 15:45
This volatile trading place is very much complicated for all kinds of traders in particularly for who are newcomers. Newcomers first of all have to observe all market principle which is more appropriate to survive in here in a proper way. They have to emphasis firstly only learning by reading books, Pips school, Forex.com and from much more Forex website. And with this process also should trade in demo account to make sure market movements. But practically mostly don’t believe the importance of demo account at all.
Loss
in
Galvenais
Apr 29, 2020 at 15:43
most of the looses happens for only one reason which is mistake , i mean same mistake , if we cannot come out from same mistake there is no chance to come out losses at all.
Knowldge is important
in
Jauni treideri
Apr 28, 2020 at 14:35
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Beginner in forex
in
Jauni treideri
Apr 27, 2020 at 14:34
The traders who are particularly beginners for all time fall a great loss by taking high leverage due to non-sense planning and zero risk management policy . so, it is more appropriate to acquire proper risk management policy before using high leverage . actually from all trading elements leverage is one which always contains too much risk.
Need an advice
in
Jauni treideri
Apr 26, 2020 at 18:06
I have seen many of us consider demo trading as dull. But for me not that dull at all, actually it is totally different , live account is the real market and many financial things affected the market , and it is different with demo account which is positioned as the “perfect market “ by the broker that we use, so that is why that market is good for newbie who want to trade as the place to learn only and make theirselves more familiar with the platforms.
Bonus and Brokers
in
Galvenais
Apr 25, 2020 at 19:09
In this market place each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , we the traders who are particularly scalpers have to choose the broker that allows trading concept such as this. Basically in spite of a profitable trading policy scalping cannot use in a trading platform due to many restrictions.
Useful Resources
in
Galvenais
Apr 24, 2020 at 14:57
live account can be-useful for acquiring real trading experience but first of all they have to finish basic level of trading, otherwise this approach will not work at all.
Journal; Need help
in
Jauni treideri
Apr 24, 2020 at 14:54
as a newcomer generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely, we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful
Need help for be a good trader
in
Jauni treideri
Apr 23, 2020 at 14:57
Revenge trading is just part of immaturity, nothing without it. Beginners always try to take revenge when fall a great loss especially trade with high leverage due to non sense planning.
Best Broker
in
Galvenais
Apr 23, 2020 at 14:56
choosing a regulated broker does not mean any safety of funds as we have many past examples of regulated brokers truing into scams over night , so in addition to check for a broker which is being regulated I do prefer going with those who are reputed too.
newcomers trading habit
in
Jauni treideri
Apr 22, 2020 at 15:07
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
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