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Forex Broker which accepts Paxum?
in
General
Aug 13, 2024 at 06:30
I dont think Paxum is super common amongst brokers
Exotic Pairs!
in
General
Aug 13, 2024 at 05:52
Exotics are definitely riskier to trade, and a big reason most people shy away from them is the cost. If you want to trade exotic pairs, try picking one pair and using a broker that offers lower commissions, such as Exness, Fxview, Pepperstone and ICM, which provide tight spreads and low commission. Plus, it is always a good idea to try demo before going live.
Stress, anxiety and motivation.
in
General
Aug 13, 2024 at 05:43
Stress and anxiety is not just inevitable but I also think is important. It can help you not get too overconfident and keep you grounded. So instead of trying to do the impossible and completely root out your stress/anxiety I think focusing on emotional regulation might be better!
Can forex trading make you rich ?
in
General
Jul 28, 2022 at 07:29
yes it can make you rich but you have to learn and see your limits as to when to stop and come out from the trading. Do not be greedy. Make your own strategy and you are good to go. Frame reframe your strategies and slowly and gradually you will yourself understand how to be more productive in this.
What market is more chaotic: forex or stocks?
in
General
Jul 28, 2022 at 06:51
See chaos is everywhere. Forex needs more of psychology and continuous practice. Stocks need deep understanding of a particular company. So choose wisely.
Forex market offers great opportunity
in
General
Jul 28, 2022 at 06:43
Yes. If you have the ability to be persistent and work hard, success is almost certain.
Strategy-based trading
in
General
Jul 14, 2022 at 07:31
Traders who are experienced will also tell you to have a strategy before going live. Do not think it is some kind of gamble but forex is legit and needs to learn chart patterns and have atleast basic knowledge before trading.
Small investment
in
General
Jul 14, 2022 at 07:23
Small investments are always good. Winning in those boost your confidence. And with the long run of investments you can increase your amount as well.
How much should you invest in trading
in
General
Jul 14, 2022 at 05:19
Newbie or you have good command at the starting. Always start with a small amount according to your convenience. I would not recommend any amount as strategy differ from person to person.
Mind or Machine? What’s Better For Forex Trading?
in
General
Jul 14, 2022 at 05:15
I would say both are better. If both used with full productivity will bring benefits to you only. But I would say no doubt world is heading towards tech side but all those things are made by mind itself.
All the successful traders
in
General
Jul 13, 2022 at 06:32
All the successful traders implement there strategies on the demo or they use a small amount on live trading to implement their strategies. And they are always consistent while doing trading. There is no shortcut other than that.
Risky business
in
General
Jul 13, 2022 at 06:24
No doubt trading is dangerous, but you need the right information and training to survive in this market. Discipline and a plan should be followed simultaneously.
Forex is not like gambling
in
General
Jul 13, 2022 at 06:19
See gambling is a pure chance. But it is not the case with forex trading. It requires logic, mental strength and a bit consistency. All in all we can say it requires proper learning before implementing.
Consistency is the brick
in
General
Jul 13, 2022 at 06:09
Not only in trading but in any type of work if you are doing, it is the key point. Without consistency you will not see the fruitful results. Always have a plan, implement it and be consistent and stick to it.
Why are some traders successful?
in
General
Jul 12, 2022 at 12:38
Some traders are successful because before heading straight into the live trading, they have made themselves learn the basics and as well the techniques.It take long time to do so but once you figure it out, you know what it takes to be successful.
Is Forex risky?
in
General
Jul 06, 2022 at 08:24
Being highly volatile and influenced by economic factors like political unrest and time zone differences, which can have a big impact on trade, makes forex market is risky.
Money Management Tips
in
General
Jul 06, 2022 at 08:23
The risk-per-trade method is among the most crucial money management strategies I employ when trading forex. I can use this to determine how much I want to risk on each trade. I do not risk more than 5% of a trading account.
Most people become unrealistic
in
General
Jul 06, 2022 at 07:37
Sceptical expectations and swinging for the fences when making forex trades can be a downside. Most traders think of having unrealistic gains which are uncertain in this volatile forex market.
When a trader is a newbie
in
General
Jul 06, 2022 at 07:34
A newbie should focus on gaining knowledge, carefully analysing the market and using strategies such as Risk and Money Management to avoid the risk.
To shine in forex
in
General
Jul 06, 2022 at 06:50
To shine in forex, one needs proper trading knowledge, patience, and discipline.
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