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Posts by Breonnataylor

Which pairs are your least favorite to trade? And why? In New Traders Yesterday at 03:58
[quote]Mariel23134 posted: I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.[/quote] Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
What requires In General Nov 23 2020 at 06:38
If you really want to make the best out of forex trading, make sure that you spend enough time learning and practising.
Being successful means In General Nov 20 2020 at 06:37
When you are knowledgeable, you will know when to make what decisions. Without proper knowledge, you won’t be able to make the right decisions.
Pros and Challenges of Trading Forex In General Nov 20 2020 at 06:07
The biggest benefit of trading Forex that I see is the leverage option and the only con I can think about is the high volatility.
WHO trades forex for more than 10 years and keeps making regular profits In Experienced Traders Nov 19 2020 at 05:44
Focus on improving your skills every now and then. Profits will come with experience.
Analysis on EUR/USD or USD/GBP? In New Traders Nov 10 2020 at 04:33
British Pound seems to slice through. Initial hours of the trading session had pulled the major selloffs of dollar in general which is equaling the goodwill of GBP. Only looks like for short term and that too due to Brexit being the major driver. In my yesterday’s session (with Oanda and Fxview in parallel), I feel buying the dips had worked, though I don’t prefer doing it usually.
4-digit quote broker In General Nov 09 2020 at 13:04
Your broker has a major role to play when you are trying to make money in the market.
USA Brokers? In General Nov 09 2020 at 12:47
All brokers have their own pros and cons. It is up to you what you expect your broker to provide you with.
profit calculation? In General Nov 09 2020 at 12:36
Try to keep a check on your profits. I agree that you might find it difficult but this is what is advisable.
My Challenge: 20 usd to 1000 usd. In New Traders Nov 09 2020 at 12:17
It is important to stay focused and make the right decisions at the right time. Also, learn money management and risk management.
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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.