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Really? Long term is worth the wait?
一般
の中
Oct 28, 2020 at 13:28
Going for long term trades is definitely a profitable situation is you are able to balance between the swap charges and the profit. Make sure that your swaps do not surpass the profits you earn.
Overconfident
新規トレーダー
の中
Oct 27, 2020 at 07:16
Trading and confidence are directly proportional to each other, but just like excess of anything is bad, excess of confidence leads to incorrect decision making. For example a trader is tooooooo confident on his trading style and strategy, thus ignores all other factors and blindly flows its strategy. This could take a wrong direction as you should make your strategy flexible with changing market environment.
Defination of a Good Trader?
一般
の中
Oct 27, 2020 at 07:10
Decision making makes a trader good or bad. IF a trader takes decisions based on the facts instead of emotions, he will automatically be able to take correct decisions. Apart from this, following a simple and tested strategy adds up to a good trader.
Market fluctuations are an artificial phenomenon.
一般
の中
Oct 22, 2020 at 11:55
I completely believe in dow's theory here. our chats clearly depicts what's going on in the market. Every small movement or any economical change effect the charts at every point. Mostly, when talking about fundamental factors, they clearly show a major impact on the prices. However, technical's do look artificial to me. Seems like big players in the market grab the core and change the direction of the instrument. Happened with me once 2 years ago when a clearly falling market started rising out of nowhere. It was strange but yes, they can be artificial.
Is forex is best source of income?
新規トレーダー
の中
Oct 21, 2020 at 11:07
Forex can surely be a good source of income only if you have gained enough skills, knowledge are have a good capital to invest. When you invest more, just like any other multiplier, the profit gets multiplied many times.
Tips To Being A Successful Trader
新規トレーダー
の中
Oct 20, 2020 at 05:49
Apart from the tips, a trader should also be very careful regarding what not to do while trading. 1. Trading without market knowledge 2. Using excessive exposure 3. Following the herd blindly. 4. Trading too much.5. Trading without strategy or thought process 6. Trading with no exit plan. If a trader continues to make these mistakes, trading would be next to impossible for him.
How to choose a regulated forex broker?
一般
の中
Oct 16, 2020 at 06:40
To choose a correct broker, a trade should note down his trading requirements. First, ascertain your trading style. If you are a scalper select a broker which has lowest spreads and fast execution. Second, select a trading platform, if you have just started trading then go for the MT4 trading platform, it is the most basic platform with maximum of the trading features. Third, select a broker with low commissions and low spreads. This combination is very unique and results in tremendous trading. Lastly, make sure that the broker is regulated by the regulation of your jurisdiction. All these fac...
Good broker is needed
一般
の中
Oct 13, 2020 at 06:24
If you are looking for a CySec regulated broker, you can check out FXview, i have recently started trading with them and so far i am pretty satisfies with their low spreads and $2 round tcommission.
Why demo is easy?
一般
の中
Oct 06, 2020 at 10:45
Demo trading is a platform where you practice, and practice prepares you for the reality, but what practice doesn't include is unforeseen obstacles which are surely their when you get into the the real word. Similarly when it comes to trading, demo is easy because you don't actually loose your money its just the virtual money with which you play.
Is Cysec regulation/authority reliable in terms of financial distress?
一般
の中
Oct 03, 2020 at 10:02
Yes, off course without a doubt CySec regulated brokers are the best choice. When any broker is under the surveillance of regulation, the interest of the trader is automatically protected. Your funds are secured, no trade manipulation is possible and you get a superior power to take your complaints if the broker does something against your will.
Defination of a Good Trader?
一般
の中
Oct 01, 2020 at 08:29
A good trader is the one who is disciplined and does not have a greedy approach.
scalping is risky ?
一般
の中
Sep 30, 2020 at 12:23
Yes, its risky if you cant sit in front of your system while scalping. :P
How to recognize a Forex Scammer ?
一般
の中
Sep 29, 2020 at 11:55
There is a high possibility that maximum of the unregulated brokers are often scammers. You need to choose a broker wisely. The best is before investing huge capital review the broker critically on various forums and get in touch with traders who invested in that broker. Check if they have trader friendly withdrawal and deposit policies etc. These factors certainly clarify if your broker is a scammer.
How to recognize a Forex Scammer ?
一般
の中
Sep 28, 2020 at 10:27
Thank you for such a detailed report. It helped me alot. Lately I as trading with a unregulated broker just to test the high leverages, everything was going smooth but gradually my trades started being manipulated, it was then when I realise that the broker I am trading with is using plugins. After that i never tried any unregulated broker.
importance of skills
一般
の中
Sep 25, 2020 at 08:30
Skills come when you follow some basic set of trading tips. I am sure these tips will definitely help you plan out your initial steps https://www.myfxbook.com/files/ele020/White_Bordered_Photo_Greeting_Fourth_of_July_Instagram_Post.png
Following other's trade ideas
一般
の中
Sep 24, 2020 at 06:31
Blindly following trade ideas is of no use, but yes using them to analyse the trend can definitely help. as a beginner you can use them for learning but ultimately build you own strategies to check for trade ideas.
Newbie problem
新規トレーダー
の中
Sep 23, 2020 at 07:44
the basic problem for newbie's is that they have a image in mind in which trading means easy and quick money. Newbie's generally skip the learning, practice and research phase and jump to investing huge capitals in large lots. This ultimately results in clear losses and nothing else. I always suggest all the new comers that give yourself some time and study trading. Then practice it and then finally invest.
Why demo is easy?
一般
の中
Sep 22, 2020 at 05:04
There are numerous factors which make demo trading easy; 1. Risk free: You can freely trade on the demo account without fearing to loose your deposit. 2. Learning platform: You can learn how to trade on the demo account as it is generally the replica of the live trading platform. Thus you get a better idea of what is going on in the market as it is clearly discounted on the demo charts as well. 3. Building and testing strategies: The demo set up works as a testing platform for your ea's, robots, strategies etc. In short demo trading is easier when you are trading with a genuine broker (lik...
High leverage , High risk ?
一般
の中
Sep 18, 2020 at 07:53
There is a simple answer to it, higher the leverage lower is the margin requirement. But higher the leverage higher the risk.
care free mindset(proper risk)
一般
の中
Sep 17, 2020 at 05:41
Panic is an enemy of your trading strategy and analysis. When a trader enters a trade, definitely they must have analysed it properly and based on fundamental or technical they entered at a price point. We know forex market is extremely volatile and uncertain but that doesn't mean you let go your initial strategy and amend your trades. Just Calm down and trust your strategy.
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