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Posts by Adamgylicrist

Indicators are useful but In General Jan 16 at 11:17
[quote]mitchelstrack posted: [quote]Adamgylicrist posted: [quote]Rassellkarl posted: [quote]Michihito posted: Every pair has its own unique movement pattern and characteristics. Sometimes it seems they are all moving to the same direction but every pair has its own chart and price pattern. If a trader can understand that it becomes more easier for him to make money.[/quote] Yes, every pair is different and has some characteristics since they’re made up of two currencies that have different values. If the traders are able to understand the bid and ask, that’s good for them.[/quote] ...
Brokers and true ECN brokers In New Traders Jan 15 at 09:47
Forex scams have become quite common these days. I try my best to research about a broker and read their previous customer reviews so that I make a good choice. Talking to other traders helps a lot in knowing first hand about the experiences of traders in terms of broker’s interface, orders, fills, compatibility with different EAs etc.
Indicators are useful but In General Jan 14 at 11:18
[quote]Rassellkarl posted: [quote]Michihito posted: Every pair has its own unique movement pattern and characteristics. Sometimes it seems they are all moving to the same direction but every pair has its own chart and price pattern. If a trader can understand that it becomes more easier for him to make money.[/quote] Yes, every pair is different and has some characteristics since they’re made up of two currencies that have different values. If the traders are able to understand the bid and ask, that’s good for them.[/quote] Yeah well, they should understand the bid and ask since th...
What safety measure I need to take before choosing any forex broker? In Experienced Traders Dec 23 2020 at 12:41
[quote]Pointingmark posted: Different funding and withdrawal methods should also be taken into consideration. For instance not all brokers accept crypto, or credit cards.[/quote] Yeah this seems to be a problem with many brokers. They don’t accept crypto and that’s a bummer really. If anyone happens to know one that does, please share. Thanks.
Newcomers and demo trading In General Dec 22 2020 at 04:35
[quote]UweMoench posted: @Ezereombre yes demo is absolutely essential but need to use in a proper way. We can't take 1000000 balance and trade. We have to treat demo like real account. Take balance 200$ to 600$ and learn risk management.[/quote] That is so true, the biggest mistake that a new trader makes on a demo account is trade millions on a demo when in reality he will be using only a few hundreds dollars out of his pocket for trading.
Professional trading tips for beginners In General Dec 02 2020 at 09:44
I agree that your emotions can prove dangerous when you are trading.
Reasons why you should NOT trade cryptocurrencies In General Nov 27 2020 at 05:20
Trading cryptocurrency is not easy. I have been a forex trader for the last few years and tried my luck in crypto trading also. But it didn’t go that well.
New to the Community. In New Traders Nov 18 2020 at 05:38
Hey, welcome to the platform. You will find a lot of information from the experiences of different traders who are experts in Forex trading. All the very best to you.
How to trade effectively in forex? In New Traders Nov 12 2020 at 06:12
Can create an EA base and invest an hour or two monitoring it. Deploy it on Metatrader 4 or 5. Ensure it’s in sync with the real time news or it would skip starting/stopping the trades at right times. Won’t be the case if you are in front of your screen and keeping a tab on the updates.
Crystal Sims In Trading Systems Nov 12 2020 at 05:35
It is okay if things don’t go as planned sometimes. Keep working hard and follow your instincts. Good luck to you.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.