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richard2
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richard2
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Unrealistic expectation causes
in
General
Jan 13, 2021 at 07:19
Exactly, its high time people understand forex is not any scheme to get rich quick. It requires a lot of knowledge and hard work to be able to be profitable. Honestly, that takes years, so we have to practice and work hard for that.
What should be the risk percentage?
in
General
Jan 13, 2021 at 07:16
It actually depends on a trader's risk tolerance, Different with everyone. Hard to standardize.
Newcomers and their greediness
in
New Traders
Dec 19, 2020 at 09:31
Rightly said!
Importance of demo trading
in
New Traders
Dec 19, 2020 at 09:30
Demo trading gives you a good insight into how this market works. Best way to practice and get familiarized with the market, without risking any money.
Fxview
in
Brokers
Dec 19, 2020 at 09:27
So far, conditions have been quite impressive with fxview. Got my withdrawals in time and executions have been top notch. Good going team.
Transitioning to higher leverage
in
New Traders
May 29, 2020 at 11:06
I would agree totally. For a beginner its a lil on the higher side. Best way is to increase it as and when u gain experience. But even when you have gained experience do keep risk management in mind.
modern economy crumble. what will happen next?
in
General
May 29, 2020 at 11:03
Well it surely should.
HOW MANY TIMES BLOWING UP ACCOUNT BEFORE GIVING UP
in
General
May 29, 2020 at 11:00
I agree with you. There are people I know who have blown up their account a couple of times but with time these people learnt and now they are doing pretty good. So We just need to keep practicing if we want get good at it.
Discipline and Forex Trading
in
General
May 20, 2020 at 06:50
Well according to me both are important. Neither should be demo trading be less emphasized nor pips school.
Money Management
in
New Traders
May 20, 2020 at 06:46
You are right. When we have a strategy for managing risk, trading becomes so much better.
What are two types of analysis?
in
General
Apr 23, 2020 at 06:51
The two types of analysis are fundamental and technical analysis. Both are important.
Patience is best tool to get success
in
New Traders
Apr 21, 2020 at 06:31
Agreed. patience is one thing which is going to take you a long way. It even helps you make the right decision. Can't ignore it at all.
Set you target and goal
in
New Traders
Apr 21, 2020 at 06:28
Totally agree with you. Target based trading is a great way to keep your trading in place without letting it fall all over places. A trading plan is super important.
Is forex is best source of income?
in
New Traders
Apr 21, 2020 at 06:26
I believe best side income but not one to sustain a life. Its risky and with it you can depend on livelihood at all times.
1:200 leverage
in
New Traders
Apr 14, 2020 at 11:56
Never got to use 200x. Have always traded with regulated brokers like etoro, markets.com, and Plus500, always used max 30x. and I think this is what beginners should start with. 200x is too much.
7 Things to Know to Become a Successful Crypto Trader
in
Crypto
Apr 14, 2020 at 07:29
Nice. Thanks for sharing Cindyrose.
Greed is poison
in
New Traders
Apr 14, 2020 at 07:28
I agree. Happened to me when i was a beginner, but then i realized that emotions can ruin everything especially greed, that's when i started working on myself and now its all pretty smooth.
Need help for be a good trader
in
New Traders
Apr 14, 2020 at 07:27
Well i would agree with you, the importance of neither fundamental nor technical analysis can be underestimated. Both are important and must be taken together than focusing on one alone.
Really? Long term is worth the wait?
in
General
Feb 25, 2020 at 06:24
Agree with you however, it depends on a trader's goal. Whether he engages in short term or long term depends on why he trading at all. Is he trading for livelihood or just some regular income stream or whether he wants capital appreciation overtime. It just depends!
Bitcoin future?
in
Crypto
Feb 25, 2020 at 06:21
I would disagree. i don't see any reason for it to go to zero. Would say just wait and watch it rise far beyond your thoughts.
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