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Posts by
Brick_56
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what is your best trusted broker
in
New Traders
Dec 18, 2024 at 08:23
Agreed. Best to go for lower commission like HYCM, Fxview - $2 per side.
Stress, anxiety and motivation.
in
General
Dec 18, 2024 at 08:22
Very nicely put I will add. It is always better to break everything into smaller steps and highlight the one that can make the progress.
How accurate is the sentiment indicator?
in
General
Dec 18, 2024 at 08:21
Not always accurate since it depends on market's mood and nature. the chance of switch can cause the change in sentiment which will affect badly in your trading performance.
How to become emotionless in forex?
in
General
Dec 18, 2024 at 08:19
It is very difficult to stay in emotionless, because we are complex in nature. Do suggest what are some way to control the emotion in forex
New Begining on Forex
in
New Traders
Apr 17, 2023 at 12:37
A trader who is starting in forex should learn and grasp market knowledge including technical and fundamental analysis, risk management, and trading psychology.
Forex Broker Recommendations?
in
New Traders
Apr 17, 2023 at 12:31
Yeah! A good broker. I decided on fxview because it meets my trading needs plus I never faced any problems in order execution and withdrawal. I'll advise you to check yourself before following anyone's recommendation.
Luck or Hard Work?
in
New Traders
Apr 17, 2023 at 12:30
According to me, some traders may experience a few successful trades due to luck, the long-term success in Forex trading is mostly determined by the effort a trader put into understanding the market and developing sound trading strategies.
Money Management Tips
in
General
Apr 04, 2023 at 11:57
Yeah! that's true. But at least we can take precautions to control the risk by using stop loss and other risk management strategies.
Forex Broker Recommendations?
in
New Traders
Apr 04, 2023 at 11:52
Trading with fxview from past 1 year.
How to Start Forex Trading?
in
New Traders
Apr 04, 2023 at 11:51
1. Learn the basics: Before you start trading, make sure you have a good understanding of the basic concepts of Forex trading, including currency pairs, trading strategies, and technical analysis.2. Start with a solid trading plan: Before you start trading, develop a solid trading plan that includes your trading goals, risk management strategies, entry and exit points, and trading strategies.3. Practice on a demo account: Practice trading on a demo account to get familiar with the platform, practice your trading strategies, and learn how to manage your risk.
Is a demo account really neccassary?
in
New Traders
Mar 28, 2023 at 12:35
A demo account can be useful for individuals who are new to trading. It allows new trader to practice trading in a simulated environment using virtual money, without risking their own capital.
Broker Suggestion
in
New Traders
Mar 28, 2023 at 12:29
A scalper too, choose an ECN broker Fxview, XM, or Hotforex for low spreads.
Is Copy Trading profitable?
in
General
Mar 28, 2023 at 12:27
Copy trading can be profitable, but it depends on various factors, including the expertise of the trader you are copying, the trading strategy used, and the market conditions.
Forex Broker Recommendations?
in
New Traders
Mar 27, 2023 at 11:17
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Time and pracrtice.
in
New Traders
Sep 23, 2022 at 11:43
From my personal experience, you need to spend more and more time practicing learning how the market works. Time and practice go hand in hand.
Demo trading
in
New Traders
Sep 23, 2022 at 11:43
A demo account is basically for practice to get hands-on trading and for new traders to learn and understand trading.
Basic mistake we make
in
General
Feb 26, 2022 at 10:19
According to me, the basic mistake traders make is not understanding the market properly and letting the emotions in while trading.
Good broker is needed
in
General
Feb 25, 2022 at 04:49
So far the brokers which I have used - fxview, pepperstone, hotforex, IG are really some good ones to consider, spreads are tight plus lower commission on lots.
5 Things I have learned in 5 years of trading!
in
General
Feb 25, 2022 at 04:45
The things which I have learnt throughout my trading journey are how to keep patience, stay dedicated, focused and how to manage risks and capital efficiently.
What makes a good MT4 broker????
in
New Traders
Jan 07, 2022 at 05:15
According to me, what makes a good mt4 broker can be good execution speed, low spreads and minimal slippage. There are number of brokers providing MT4 platform along with good execution like fxview, pepperstone and hotforex.
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