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Leverage is important
in
Galvenais
Feb 01, 2021 at 09:38
Leverage gives opportunity earn more money as well as expose more risk to lose money. Use leverage with proper risk management.
Importance of Fundamentals
in
Galvenais
Feb 01, 2021 at 09:37
Following economic calendar is the best way of fundamental analysis. There are many sites which provide economic calendar and its potential impact.
There are lot of common mistakes
in
Galvenais
Jan 31, 2021 at 17:41
New traders often start with real account without demo practice which is a big mistake.
Purpose of demo trading
in
Galvenais
Jan 31, 2021 at 17:38
Demo account is designed for educational purpose. But demo traders lack emotion in trading which can be a problem later.
Most traders don't get success
in
Galvenais
Jan 30, 2021 at 13:44
There are lot of reasons for traders' failure, over trading, revenge trading, do not follow proper risk management etc.
There are lot of traders who
in
Galvenais
Jan 29, 2021 at 17:51
Success depends on both knowledge and experience. Survive in the market to gain both.
Money management is extremely important
in
Galvenais
Jan 29, 2021 at 17:49
To survive in the market, money management is important. Trader should also follow minimum 1:2 risk reward ratio.
Learning from the past
in
Galvenais
Jan 29, 2021 at 15:07
Loss is common in trading. Learn from every trading mistake you made.
Fundamental works 100%
in
Galvenais
Jan 29, 2021 at 15:05
Fundamental and technical analysis both are important to trade effectively in the market.
Manual trading
in
Galvenais
Jan 28, 2021 at 11:23
EA trading is also good for trading without emotion. If you can make an EA with profitable trading strategy, it will be easy to trade.
NEW TO TRADING
in
Jauni treideri
Jan 28, 2021 at 11:21
Right. First focus on learning and practicing in demo account. After that think about making money.
About news trading
in
Galvenais
Jan 27, 2021 at 17:15
If you are not a news trader, it is better to avoid trading during important news release.
New Trader
in
Galvenais
Jan 27, 2021 at 17:13
Keep in mind that demo performance also will be better than real performance due to trading psychology.
Which is the best broker for cent acc and why ?
in
Galvenais
Jan 25, 2021 at 18:47
Try to trade with regulated broker and also check its minimum deposit amount.
Not a good idea to follow many pairs
in
Galvenais
Jan 25, 2021 at 18:44
Those two are also my favorite pairs. I also trade with other major pairs.
Forex trading offers high leverage
in
Galvenais
Jan 24, 2021 at 17:53
Leverage also exposes risk in trading. It is a double edge sword.
There is no easy way of learning
in
Galvenais
Jan 24, 2021 at 17:51
It is true that there is no shortcut to achieve success in trading. Success also take long time.
For trading you do not need
in
Galvenais
Jan 22, 2021 at 17:42
There are some trading styles which require even less time to trade like scalping.
We should not think
in
Galvenais
Jan 22, 2021 at 17:40
I also agree. Try to control your emotion during trading decision or avoid emotional base trading like over trading, revenge trading.
Types of analysis
in
Galvenais
Jan 20, 2021 at 17:46
Nicely said. Every trader should follow all three analysis.
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