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Forex game is not business
v
Obecné
Sep 25, 2021 at 17:04
Forex trading can be considered a business because it provides leverage. It acts like an already established and reputed business and allows you, the trader, to massively increase your borrowing power. However, increased borrowing power translates to major financial risks – so be careful!
If you want to get success
v
Obecné
Sep 25, 2021 at 17:02
1: Do Not Take it Personally. ...2: Understand Price Action Signals. ...3: Devise a Balanced Strategy. ...4: Incorporate the Fibonacci Trading Strategy. ...5: Manage the Risks. ...6: News.
What do forex brokers rely on to make money?
v
Obecné
Sep 25, 2021 at 17:00
In return for executing buy or sell orders, the forex broker will charge a commission per trade or a spread. That is how forex brokers make their money. ... The difference between the bid and ask price is the broker's spread. A broker could also charge both a commission and a spread on a trade.
Scalping is good
v
Obecné
Sep 25, 2021 at 16:58
Scalping can be very profitable for traders who decide to use it as a primary strategy, or even those who use it to supplement other types of trading. Adhering to the strict exit strategy is the key to making small profits compound into large gains.21-Aug-2021
Best Platform
v
Noví obchodníci
Aug 28, 2021 at 11:30
As others have said, MT4
Forex is Hobby ?
v
Obecné
Aug 28, 2021 at 11:19
Its depends on you. For some it's a hobby, for some it's a part-time job.
Which forex platform we can consider for demo trading?
v
Noví obchodníci
Aug 28, 2021 at 11:11
I have been using MT4. Easier to use!
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