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Trader_Ember
Forex Broker Recommendations?
in
Jauni treideri
Apr 12, 2023 at 12:21
have been hearing good stuff about them, was thinking to give them a try. Can you tell me more, how’s the spreads and withdrawals?
Forex Broker Recommendations?
in
Jauni treideri
Apr 01, 2023 at 04:48
Definitely agree with you on that. btw wondering which broker are you trading with?
Money Management Tips
in
Galvenais
Mar 16, 2023 at 11:39
Imo money management in forex is a crucial aspect, so it's better to set a stop loss, use proper risk-reward ratios before entering a trade, trade with a plan, and, monitor your trades.
Looking for the best broker
in
Galvenais
Mar 16, 2023 at 11:31
As a scalper, I prefer trading with aaafx and pepperstone since they offer tight spreads even during volatile market conditions. Also, selecting a regulated broker ensures the security of funds and the reliability of the broker you are trading with.
New traders love scalping
in
Galvenais
Mar 16, 2023 at 11:31
With scalping new traders aim to make profits from small price movements in the market by executing multiple trades within a short period of time
Favorite financial markets movies and series?
in
Galvenais
Feb 15, 2023 at 07:43
Even my fav is the same.
Emotion in Forex trading
in
Galvenais
Feb 15, 2023 at 07:35
Well, you said it all! Keeping emotions in control while trading is important.
Consistency is the brick
in
Galvenais
Feb 15, 2023 at 07:32
Consistency is essential in forex to get hands-on trading and to boost trading knowledge.
Time Management
in
Jauni treideri
Feb 13, 2023 at 12:33
Time management is a critical aspect of successful Forex trading. 1. Set specific trading hours2. Monitor the market regularly3. Manage your emotions4. Use automation toolsBy following these a trader can better manage time and improve chances of success in Forex trading.
What are the best practices when trading?
in
Galvenais
Feb 13, 2023 at 12:20
The best practices for traders to follow while trading is:1. Develop a trading plan2. Keep emotions in check3. Diversify your portfolio:4. Manage risk5. Stay up-to-date6. Practice patience7. Continuously learn
Best currency pair for trading
in
Jauni treideri
Feb 09, 2023 at 12:05
The best currency pair to trade are EUR/USD, USD/JPY, and GBP/USD. It's worth noting that the best currency pair for one trader may not be the best for another.
Diffrence between real & demo trading
in
Jauni treideri
Feb 09, 2023 at 11:59
The main difference between the two is the purpose for which they are used. Demo accounts are usually funded with virtual money, so traders can trade without risking any of their own capital, and the live account is a real trading account that is funded with actual money. The purpose of a live account is to allow traders to trade the financial markets with real money.
Is a demo account really neccassary?
in
Jauni treideri
Feb 09, 2023 at 11:54
Yes, in my opinion, as it boosts your trading skills and help connect you with technical and fundamental analysis. A demo account is important for new traders.
Is a demo account really neccassary?
in
Jauni treideri
Feb 07, 2023 at 11:07
A demo account allows you to practice trading with virtual money, which can help you gain experience and develop a better understanding of the trading process.
Psychology of trading
in
Galvenais
Feb 07, 2023 at 11:00
Some common psychological challenges faced by traders include fear, greed, overconfidence, and regret.
Does forex strategies usually work>
in
Galvenais
Feb 07, 2023 at 10:57
It depends on the strategy and the individual trader's ability to execute it consistently and with discipline. Success in forex trading also requires a good understanding of the market, risk management, and the ability to stay patient and disciplined.
Luck is important
in
Galvenais
Feb 06, 2023 at 11:29
I think learning, understanding, consistency and practice are important.
When a trader is a newbie
in
Galvenais
Feb 06, 2023 at 11:25
Hey! I'm new to this community! Looking to learn new and interesting things.
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