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Is forex trading really worth it?
in
Galvenais
Jul 26, 2021 at 13:11
Honestly, it is worth the drive. I do find myself in pickles sometimes, but overall, my journey while trading has been very eye-opening.
What works?
in
Galvenais
Jul 26, 2021 at 13:10
Having the right mindset and testing out the strategy as much as you can to improve trading skills can be proven to be useful
What is your favorite leverage?
in
Galvenais
Jul 26, 2021 at 13:09
Trading in lower leverage is a sweet spot for me. Been sticking only 30x leverage with fxview
What is the trading psychology for you?
in
Galvenais
Jul 26, 2021 at 13:08
Being able to be more disciplined. And knowing the difference between money management and risk management.
100 lots to start off!
in
Jauni treideri
Mar 03, 2021 at 12:24
Consider trying that out in demo trading and see it feels for you. You will get your answer there.
Don’t Let Your Emotions Dictate Your Forex Trading
in
Jauni treideri
Mar 03, 2021 at 12:24
This is quite important as it can affect your trading, so having your emotions under controlled are quite useful to avoid facing trial and errors in your trading
The dark side of forex markets
in
Jauni treideri
Mar 03, 2021 at 12:23
Along with money management which I believe are both very good for economically trading
EUR/USD
in
Pieredzējuši treideri
Mar 03, 2021 at 12:18
According to fxview report, eurusd is looking bit down due to employment change data. Any expectation?
If you want to get success
in
Galvenais
Mar 03, 2021 at 11:04
Indeed, you cannot expect the profit to rise in overnight, you will need to put such effort to pull off the consistency in your trading to make it happen
profits in forex trading
in
Galvenais
Feb 17, 2021 at 07:34
Yes I have been making profit, but you cannot just say that without expecting any learning or knowledge. You will need to know more about not just forex marketing, but paying attention to charts and indicators that is implying either bullish or bearish.
Forex not fully risk free
in
Galvenais
Feb 17, 2021 at 07:32
Yes yes! This is what is important. It is mentioned in every (or atleast most of) broker website and traders tend to ignore it for some reason
Why day trading is better than long-term (Opinion )
in
Galvenais
Feb 17, 2021 at 07:30
Very nicely written. I will say that, at the end, you are still getting profits but it depends on how long or short do you want your trading to turn out. For a quicker process, day trading seems like a better option for that
Pure ECN broker
in
Galvenais
Feb 17, 2021 at 07:29
Currently trading with fxview. They have only ECN account, spreads are tight specially on majors and commissions are quite low, only $1/100k per side. You can compare live spreads and commissions on myfxbook as well.
Timing is important
in
Galvenais
Feb 17, 2021 at 07:28
There are so many way to find the right measure, you can use various indicator to see whether the prices reflect to the chart or not. Using stop loss is very good idea, also you can use scaling exit timing strategy. You can read more there: https://www.investopedia.com/articles/active-trading/020915/mustknow-simple-effective-exit-trading-strategies.asp
Qualitative educational program
in
Jauni treideri
Jan 25, 2021 at 08:41
I always recommend in learning from babypips course. Free to use, so why not put an effort in that?
What is the best strategy used as a new trader?
in
Jauni treideri
Jan 25, 2021 at 08:41
Price action is good but it can be inaccurate. Just try MACD and RSI + always setting stop loss in your trade
Looking for reliable ECN brokers...
in
Galvenais
Jan 25, 2021 at 08:39
Using fxview at the moment, pretty good trading conditions tho.
High leverage = High risk?
in
Jauni treideri
Jan 25, 2021 at 08:37
Technically leverage helps you to gain more but the problem with them is that you can also lose completely
best websites for trading knowledge
in
Jauni treideri
Jan 25, 2021 at 08:34
I truly think strategizing via demo trading can be very good way in improving your skill and understanding what went wrong
Forex market offers great opportunity
in
Galvenais
Jan 13, 2021 at 12:02
Yes, I think some people still confuse trading as gambling when it is both completely different in every aspect, apart from winning and losing
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