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Is a demo account really neccassary?
v
Noví obchodníci
Mar 17, 2022 at 06:45
Practicing on a demo account is the foundation of forex trading.
Is trading hard?
v
Obecné
Mar 17, 2022 at 06:43
Exactly!After all it's the game of knowledge and mindset.
What do you expect from a broker?
v
Noví obchodníci
Mar 17, 2022 at 06:41
Yeah I have tried my hands on BTCUSD and got to see spreads between 15-20 pips.
Is a demo account really neccassary?
v
Noví obchodníci
Mar 11, 2022 at 11:03
Can not emphasis enough on how much demo account is important. You actually learn a lot.
What do you expect from a broker?
v
Noví obchodníci
Mar 11, 2022 at 11:01
Your wish just came true. :D They are offering cryptos now.
Luck is important
v
Obecné
Feb 18, 2022 at 12:26
Hardwork>>> Luck
Emotion in Forex trading
v
Obecné
Feb 18, 2022 at 12:20
Emotions= Loss in forex trading.
Which pairs are your least favorite to trade? And why?
v
Noví obchodníci
Feb 18, 2022 at 12:19
My most favorite will definitely be EURUSD, i am currently trading on them with fxview and earned decent gains on it but my least favorite have to be USDJPY & AUDCAD as i’ve been seeing a lot of fluctuations these days.
New traders should be content
v
Obecné
Nov 30, 2021 at 08:17
Definitely, be humble and grateful.
How long on a demo account
v
Noví obchodníci
Nov 30, 2021 at 08:17
That depends on your ability to make a profitable return, as far as i can remember it took me 8 months to switch from demo to live. One of my colleagues took almost a year to switch to live. So, I will say that keep on practicing until you think you are confidently ready to go live.
Why demo is easy?
v
Obecné
Nov 30, 2021 at 08:15
Agreed, but traders have to understand that demo trading is essential for learning and improving your knowledge and get better in time.
When loss occurs
v
Obecné
Nov 30, 2021 at 08:11
When losses occur, you should always minimize that with risk management so that you will not be losing more than what you can afford. And it is also a good idea to step back and take a break.
Which indicator you use most for your trading?
v
Noví obchodníci
Oct 16, 2021 at 07:37
I prefer MACD
Getting so much confused with the terms. Please, help.
v
Noví obchodníci
Oct 16, 2021 at 07:28
You can refer some good youtube channels may be. That will help you out because when you hear something that proves to be more useful than reading. Or you can refer pipsology course by Babypips.
If you want to get success
v
Obecné
Mar 03, 2021 at 11:16
Regular practice and a strong strategy is what builds your way to success in forex.
zero spread brokers needed
v
Obecné
Mar 03, 2021 at 11:14
Ideally, you can not. Trading with a zero spreads broker is like more of a dream than reality. One should look for brokers offering lower spreads via comparison. I am trading with fxview and though i have seen 0.0 pips sometimes on a few major pairs, but its not an every time thing.
Basic mistake we make
v
Obecné
Mar 03, 2021 at 11:13
Yeah expectations mate! Most of us expect too much from forex. Gotta be realistic.
Set you target and goal
v
Noví obchodníci
Jan 29, 2021 at 10:55
I agree, targets must be realistic and achievable. People usually fix impractical or too high standards which are hard to achieve in future which ends up in negative motivation or losing of morale.
Simple is the best
v
Obecné
Jan 29, 2021 at 10:51
True mate, clarity is really important. A trading plan really helps you bring in that to your trading.
Best Broker
v
Obecné
Jan 29, 2021 at 10:47
For the sake of reliability, ensure that you are using some regulated broker only. As for tight spreads, I have been scalping since few months with fxview, their spreads are good on most of the pairs and commissions are considerably low, $2/100kRT. Support is quick.
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