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About news trading
Genel
içinde
Jan 29, 2021 at 07:38
Not necessary to check them out, but sometimes news can have a huge impact in trading which is one of the important to expect.
To shine in forex
Genel
içinde
Jan 29, 2021 at 07:37
As always consistency in profit is the best approach, but for that to happen, one needs to be fully determined and knowing what they can do to trade
What should be the risk percentage?
Genel
içinde
Jan 29, 2021 at 07:35
Either 2% or 1:2 risk ratio are fine
Not a good idea to follow many pairs
Genel
içinde
Jan 28, 2021 at 07:46
Pretty much I am agreeing with you. It is always good idea to start trading with just single pair and if that pair is not to your liking, you can always go for another pair til you find the right one.
Best time frame to trade
Genel
içinde
Jan 28, 2021 at 07:43
I prefer to trade with "1D" aka Daily timeframe. Found it helpful with indicators that I have been using.
Can withdrawals be processed in less than a day?
Yeni Traderlar
içinde
Jan 28, 2021 at 07:41
Turnkeyforex offers withdrawal within less than a day and may I add, quicker than before.
Exit from a trade
Genel
içinde
Dec 14, 2020 at 08:39
I think he is sharing the simple statement regarding exit from a trade but nothing else. Although, I would say that this fit well in new trader section, not in general one.
Online source of income
Genel
içinde
Dec 14, 2020 at 08:38
There are so many resource available to offer you various online source of income, whether it be forex trading, crypto trading, freelancing, stock market and many more. You will get good source of income if you know how to develop and nurture them.
Bonus is not that much important
Genel
içinde
Dec 14, 2020 at 08:35
It may not be that much important but atleast it is better than nothing at all.
Forex Amount
Genel
içinde
Jan 30, 2020 at 10:36
That sounds really reasonable. I have to agree with you on this!
Believes.
Genel
içinde
Jan 30, 2020 at 10:29
Yea, I can see that happening but sometimes the outcomes can be right but that is very low. Trading should be done when you are confident but not too overconfident and having a proper understanding on what is going to happen. Basically you have to clear your head and have a clear trade.
Best Broker for a Newbie
Yeni Traderlar
içinde
Nov 29, 2019 at 12:23
True! one of the best part of trading with an offshore is that they don’t impose any sort of restrictions on you, like with my current broker turnkey forex I can trade in almost all styles. And their spreads and commissions are really low as compared to regulated ones.
Are you afraid to lose your trade?
Genel
içinde
Nov 29, 2019 at 10:09
At first, I used to be scared about losing my money. But as the time goes by, I started taking realize what the mistakes were made, what lessons were learned, how to avoid making mistake again. Gradually improving helps the fear to go away.
which target ?
Yeni Traderlar
içinde
Nov 27, 2019 at 08:45
10% is a lot and very impressive if kept steady and consistence for every month. I would say 2%-4% is a good target. Low risk but good profit in the end.
trading basic
Yeni Traderlar
içinde
Nov 26, 2019 at 12:34
Not only the consistency, but also the discipline and the mentality level as well. Without those, you cannot make a good decision and letting the emotion getting in the way and as a result, there is no consistency level in trading.
Does anyone want to be a broker?
Yeni Traderlar
içinde
Nov 14, 2019 at 05:24
Never thought of being one. But I am curious to know what are the requirements for those who want to be a broker?
A Rookie
Yeni Traderlar
içinde
Nov 13, 2019 at 07:54
I wouldn't strongly recommend YouTube videos because they are too biased sometimes and some information just fall flats. But I am sure there are other good one out there.And yes, babypips School is really a good place to start with.Also, if it helps, keep a journal with you every time you try to trade, whether it is in a demo or real account.
Best Broker for a Newbie
Yeni Traderlar
içinde
Nov 12, 2019 at 05:59
I have been using turnkey forex for a while, one of the good broker out there. Being a newbie, it is better to go live with small capital and there, you can open a micro account with minimum deposit of $5.
Emotion in Fx
Yeni Traderlar
içinde
Nov 12, 2019 at 05:51
Emotions are very difficult to control, it is a part of you. It is very easy for the newbie to let the emotions get them because they don't know what to do after making losses, so they could try to take revenge by trading again thinking that it will be for sure a win and the history repeats.
How long on a demo account
Yeni Traderlar
içinde
Nov 11, 2019 at 11:18
As long as one can. It is a demo account and the main purpose is to demonstrate on how the real account would work. The period of practice depends on the various factors. If you are confident enough to trade well in real account and is able to make the profit, that is when you can stop using the demo account. Well, at least to me.
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