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How long should I start to trade after studying?
in
Jauni treideri
Sep 21, 2020 at 07:41
Depending on how much you are comfortable to touch on forex trading, but if you are, then it would be very vital to make a consistency profitable return in forex trading
Need help for be a good trader
in
Jauni treideri
Sep 21, 2020 at 07:40
This is a common point, but where do they gain such knowledge? Where do they acknowledge such knowledge? That is what they should look for, if they wish to get better in time.
High leverage , High risk ?
in
Galvenais
Sep 19, 2020 at 07:57
High risk, but high profit What the issue is that you would never get to know whether you will get the profit or blow up your account like that
Newbie problem
in
Jauni treideri
Sep 19, 2020 at 07:56
That is why it is important to have knowledge before getting into trading because there is a chance that you might be overwhelmed after hearing that you can make money in forex which is not that easy
What leverage do you all use?
in
Jauni treideri
Sep 15, 2020 at 09:27
Using 1:15 at the most at the moment. Sometimes I prefer to use 1:10
myfxbook is doing a great job
in
Galvenais
Sep 14, 2020 at 07:22
Indeed, I really enjoy my time in this community. The interface is easy and comfort to read.
Importance of Stop Loss
in
Galvenais
Sep 14, 2020 at 07:21
Stop loss is a MUST. You cannot afford to miss it, unless you are so sure when it comes to trading. Sto loss helps to protect you from loss if the market are going the way that you do not want it to go
Higher Time Frame.
in
Galvenais
Sep 14, 2020 at 07:20
Time frames are dependant on what you are looking for. Higher time frames are much useful if you are planning to be a long term trader else, going for lower time frames are useful if you are planning to be a short term traders or scalper.
Trade discipline
in
Jauni treideri
Sep 11, 2020 at 07:42
This is very nice pointers to remember. Thank you for posting them
TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
in
Jauni treideri
Sep 11, 2020 at 07:40
That is probably too high but no one is saying that it is not possible. You will need to be very focused in choosing risk and money management in order to get good profit.
Manage Money
in
Jauni treideri
Sep 10, 2020 at 05:35
Money management is and has always been very important technique to be conisdered while trading. It helps to keep your investment safe from facing any dangers
Why not trade your own money?
in
Jauni treideri
Sep 10, 2020 at 05:34
It is always expected to trade with your own money for the better profitable return in future. You will need to have a proper knowledge and skill when it comes to trading, else it is all in vain.
New trader trying to put a trading plan together
in
Jauni treideri
Sep 10, 2020 at 05:33
It is always good idea to set a trading plan. It can be done via backtesting and trying out various buttons in demo account. Just take into consideration of many variables, like risk management, money management, and many more.
My System
in
Jauni treideri
Sep 09, 2020 at 08:13
The strategy is actually good, not gonna lie. Keep it up but make sure to constantly test your strategy and implement some money and risk manegement while you are there
1:200 leverage
in
Jauni treideri
Sep 09, 2020 at 08:11
That is not a bad one, but I prefer to trade with low leverage. Probably 20x the most.
Type of Traders
in
Jauni treideri
Sep 08, 2020 at 06:59
Good list. Thank you for sharing them.Got me thinking which one fit me the most. 😁
Time and pracrtice.
in
Jauni treideri
Sep 08, 2020 at 06:58
Couldn't have said it better.
Trade discipline
in
Jauni treideri
Sep 08, 2020 at 06:57
I do agree that discipline should be developed in the beginning, but how would they know and be ready for that? That is an important statement to be made.
Is the rising Swap cost eating your trades for breakfast?
in
Galvenais
Sep 07, 2020 at 07:13
That was an interesting read.
Trading Business Structure
in
Galvenais
Sep 07, 2020 at 07:12
Depending on what you are looking for. For me, I find it much better to be with much more regulated broker to put my trust on
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