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Posts by
Piplaws
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Which Platform is best for forex trading?
in
New Traders
Jun 24, 2021 at 13:15
😀
GET IN ICM
in
Trading Systems
Jun 02, 2021 at 09:49
I am curious to know more about this system, do you mind sharing some details about it here
Staying peofitable consistently
in
General
Jun 01, 2021 at 12:07
I really don't know how to achieve that consistency yet. I mean it is not a piece of cake right.
Different levels of leverage
in
New Traders
May 31, 2021 at 11:30
I think you should go for the lower leverage because it will help you avoid any risk with scalping. It’s better to not exceed 20x although you’ll find offshore brokers offering even up to 2000x. Better safe!
NEW TO TRADING
in
New Traders
May 28, 2021 at 05:40
You can open an account with a reliable broker platform and practice your trades before putting any money into it. There are demo accounts that the brokers provide which you can use to get better at trading.
Learning Forex Trading
in
New Traders
May 27, 2021 at 10:08
That probably depends on the money and broker you are willing to invest in. good luck to you.
Your most successful trade
in
New Traders
May 26, 2021 at 12:27
This is the beauty of forex trading. Even when a certain strategy isn't working, there's always something else you can try.
Is demo trading enough before real account?
in
New Traders
May 26, 2021 at 08:23
It is good that you started with a demo account instead of going for the live one directly. Maybe you can practice for a while before trading with your real money. Good luck to you.
Choosing a pair
in
General
May 26, 2021 at 08:19
Yes every pair has something different to offer to a trader and they should really be careful with the one they are trading. Making a systematic analysis of a particular pair becomes very important for a trader.
Emotional Trading
in
General
May 26, 2021 at 08:17
That is bad and I'm sorry for your loss. You can probably use demo accounts or micro accounts for a while until you get back on your feet.
Losses are a part of trading
in
General
May 26, 2021 at 08:15
Yes, no one can ignore the fact that losses are very much a part of forex as much as profits are. Can’t ignore that at any point and focusing solely on profits or losses won’t help a trader.
Two important book about trading psychology
in
General
May 26, 2021 at 08:00
Yes, these have been pretty helpful to me too. Books can be quite helpful if you are in the process of learning and if someone wants to develop the right trading psychology, they should really work towards it in different ways.
Beginner in forex
in
New Traders
May 26, 2021 at 07:57
You should first focus on your learning and only then begin with a demo or any other account. Look up courses, tutorials, videos online and do your research. Once you’re done with that, you can open an account with a reliable broker.
Broker Suggestion
in
New Traders
May 26, 2021 at 07:52
Thank you so much...
To Demo or not to Demo
in
New Traders
May 26, 2021 at 06:42
Well, it is also a factor that people are usually afraid to lose their money in the beginning so they kind of choose to trade on demos which works for them. Even if they blow a few accounts, they can earn some experience without losing money.
I think every successful trader
in
General
May 26, 2021 at 06:42
Yes and every trader tries to work on their system and develop a strategy that works in accordance to their trading plan. It can be difficult for newbies to succeed without copy trading in my opinion and that’s one reason they start with it before developing their own style.
System holder is same with broker? Is this normal here?
in
New Traders
May 26, 2021 at 06:39
Look it’s always better and highly recommended to go for the MT4 trading platform offered by a reliable broker. The simple reason behind this is that the advanced trading system offered helps you implement strategies no matter how complex they seem to be. This is where brokers are gonna help. For instance, fxtm is the brokers among many offering MT4 platform for trading making it flexible and convenient. Apart from forex, you get to trade commodities, cryptos, and indices on variable spreads that start from 0.0 pips.
Open Trade Analyser
in
Suggestion Box
Apr 09, 2021 at 06:17
I think it can be a good tool to analyse the volatility of the market and also the supply and demand.
Branded home page
in
Suggestion Box
Apr 09, 2021 at 06:16
I think you cannot alter the way your profile is shown in the forums because it is not a blogging platform. If you want to build a presence as a trader then you should be more active on forums plus other social media like instagram, facebook etc.
Papa Seiryu
in
Trading Systems
Apr 09, 2021 at 06:16
You are doing quite well. Even the leverage you are using is quite normal for an experienced trader. But I would like to get some more details about your trades. When you trade more with this system, you will get a better picture of it.
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