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3 reasons suggest that gold is overvalued
in
Galvenais
Sep 17, 2020 at 04:41
Recently investor saws negative oil price due to covid-19. Investor now are fearing in investing in oil.
how many pips a year do you need to make ?
in
Galvenais
Sep 17, 2020 at 04:39
I don’t target pips. However, my monthly target is around 2% and yearly around 25% of my capital. I know its difficult but I am trying to achieve it.
What do forex brokers rely on to make money?
in
Galvenais
Sep 15, 2020 at 05:26
Broker generally rely on spread or commission to make money. However, some scam broker steal money from its trader. So, avoid scam broker.
Best way to avoid the news.
in
Galvenais
Sep 15, 2020 at 05:24
There are lot of site which provide economic calendar. From there trader can know financial events and important news release. So, monitoring economic calendar is the best way to avoid news volatility.
Importance of Stop Loss
in
Galvenais
Sep 14, 2020 at 00:05
That’s quite right. Still some traders don’t know how to place SL perfectly. SL is one of most essential part in trading. So, trader need to learn about it.
Forex is Hobby ?
in
Galvenais
Sep 13, 2020 at 11:35
Some prefer it hobby some prefer it as profession. For me it is my full time profession.
Stop Loss/Margin of Safety
in
Galvenais
Sep 13, 2020 at 11:33
Stop loss is essential to minimize risk. Forex is risky market. So, placing a safety pin in trade is a good trading approach.
The incredible resilience of MT4 vs MT5
in
Galvenais
Sep 12, 2020 at 10:53
Same for me. I am quite fine in mt4. if I will face problem in mt4 I will then go to the mt5. Otherwise I am happy with mt4.
ESMA and its implication
in
Galvenais
Sep 12, 2020 at 10:51
Low leverage means low risk. Controlling risk is every important in trading. There are lot of losing money due to lack of risk management knowledge. ESMA are just trying to protect investor.
Higher Time Frame.
in
Galvenais
Sep 11, 2020 at 13:05
In trading, higher time give high change to successes. As a day trader I prefer h4 and h12 time frame. I always use both time fame in my trading strategy.
Famous Traders and Investors, what to think of them
in
Galvenais
Sep 11, 2020 at 13:03
Famous Traders and Investors inspire me in trading. I study their success and achievement. I give me encourage to learn and continue trading.
Broker
in
Galvenais
Sep 08, 2020 at 22:18
SCAM is increasing during Covid-19 pandemic. Trader should always check regulator website. They often alert trader of new scam broker.
Believes.
in
Galvenais
Sep 08, 2020 at 22:13
Stop loss is important factor in trading. Trader should have good understanding of support and resistance level to place good SL order.
My thoughts
in
Galvenais
Sep 06, 2020 at 16:45
Yeah that true. trader need knowledge of the market to make profit. I recommend first invest small. Then think later about big amount.
Gambling type of forex games? Is that true?
in
Galvenais
Sep 06, 2020 at 16:40
You are right. Gambling is for short term success. For long term success trader need knowledge and skill.
losses and fear.
in
Galvenais
Sep 05, 2020 at 17:23
Loss of fear is a bad for trading. Because of that, trader cannot proper execute their trading decision. Trader should control their negative emotion in trading.
Tools to trade.
in
Galvenais
Sep 05, 2020 at 17:21
Broker provide so tools to use in trading. However, traders should use all of them. Only mastering one or tool is enough to bring success.
Successful trading
in
Galvenais
Sep 04, 2020 at 18:01
That’s true. Trader should always analysis tier broker before choosing. See if this broker is good for your strategy or not.
Trading Lessons!
in
Galvenais
Sep 04, 2020 at 17:59
Nice advises. Clear the mind. Don't stress or take out any kind of negative emotion which is affecting your trading decision.
7 Benefits of using stoplosses
in
Galvenais
Sep 03, 2020 at 14:43
Yeah, stop loss is important for good money and risk management. However, I prefer trailing stop loss. It reduces my loss significantly.
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