Sven98's Posts | Myfxbook

Posts by Sven98

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How to choose a regulated forex broker? In General 7 Hours ago

[quote]Davidtaylorr posted: Make sure the broker you choose caters to your trading needs and has low transaction fees. The spreads it offers should be tight.[/quote] Agree with you on this. It is not a child’s play to find a broker that can match with your trading style and exactly offers what you want. I chose fxview who turned out to be reliable and trading conditions seemed decent to me. Similarly some other might be good for you. Do proper research before choosing.

scalping easy ? In New Traders Nov 02 at 08:07

Scalping is recommended to those who has right knowledge and skills.

Time and pracrtice. In New Traders Nov 02 at 08:05

Practice is they key as they say.

Forex is Hobby ? In General Oct 20 at 10:03

For some, it might be a hobby or a time pass(case of inactive traders may be) but for traders like me, forex is indeed a serious business.

Not an easy task In General Oct 20 at 10:01

[quote]Joao91 posted: Agreed! Profit making is not easy in forex, you need to be consistent in learning, good at strategising and controlling discipline. [/quote] Yes consistency is important. Plus, learning part that is also very crucial in trading.

Pure ECN broker In General Oct 19 at 11:42

Fxview. The broker has ECN/STP model and conditions are really good for trading.

Tips To Being A Successful Trader In New Traders Jun 16 at 04:51

Have a sound trading plan.

Fundamental Analysis In Experienced Traders Jun 16 at 04:47

I agree fundamental analysis is as important as technical. I too haven't totally been able to do it myself. You can check out fxview, dailyfx and earnforex on twitter/fb. They post reports everyday and are very helpful for learning.

Overconfident In New Traders Apr 29 at 08:36

Over confidence in trading will only take you down and down.

Knowldge is important In New Traders Apr 29 at 08:34

[quote]Lorenzo343455 posted: I will say more, even experienced traders possessing a serious store of knowledge can lose their score.[/quote] Right. Basically, one should know when to apply the knowledge at the right time.

EURUSD	1.19337	GBPUSD	1.33325
USDJPY	104.368	USDCAD	1.29692

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