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Leverage
in
Galvenais
Jan 05, 2021 at 10:00
Leverage is a double edged sword it magnifies the risk. The greater the amount of leverage on your capital the higher the risk that you will have therefore for small account use 1:30 leverage only.
Fundamental analysis
in
Galvenais
Jan 04, 2021 at 06:36
Agreed fundamental analysis is quite important for trading. To be a successful trader it is important to know about the fundamental and technical analysis both.
Most people fail because
in
Galvenais
Jan 02, 2021 at 11:17
Most traders fail because of lack of knowledge and skill. They think forex is a shortcut to make money and don't consider about the risk.
Trading without stop loss
in
Galvenais
Dec 31, 2020 at 10:14
I would not suggest to trade without stop loss as it can be very risky especially for the new beginners
What works?
in
Galvenais
Dec 30, 2020 at 09:37
Every person is different from each other and when it comes about trading same strategy and same trading style is not suitable for everyone. Each person learn from his own experience and has his own trading style and own trading strategy.
How long on a demo account
in
Jauni treideri
Dec 29, 2020 at 03:40
I use demo account for more than 6 months to practice trade but even after opening live account I still use demo account for testing new strategies.
Trading in lower timeframes
in
Galvenais
Dec 28, 2020 at 09:12
I think lower time frames consist of maximum unexpected market shifts. Lower time frames are not quite helpful for understanding the overall trend and market flow as a result traders might get wrong ideas about the market situation.
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