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Good broker is needed
em
Geral
Mar 03, 2022 at 23:56
When looking at the broker, usually trader will make research according to their own preferences, like as must be regulated, has low spread trading fee, available payment option support, customer support, etc, when trader already finding the good broker, usually will stick with the broker and keep company service, rather than looking another broker that might less good.
High Leverage
em
Geral
Mar 03, 2022 at 00:11
Leverage in forex trading still become an important issue among traders, this is included a hot topic discussion between trader, and most trader understands if high leverage like as the double edge of swords, if a trader can control the swords, possible will make blood to own selves, the trader needs to learn how to control emotion when they choose high leverage.
Risky business
em
Geral
Mar 02, 2022 at 00:03
Forex trading now later and forever remain risky, but here there are the different skills of each trader that makes the result trading different each other, good trader able to increase money day by day with higher winning trades than losing trades, but the bad traders will waste money with higher losing trades than winning trades.
Leverage is useful or not ?
em
Geral
Feb 28, 2022 at 23:19
In forex trading, choosing leverage to become consideration actually, because high leverage is also associated with higher risk, because it alow trader open trades to use small margin requirement in high position size, it endangers account trading and narrowed margin level quickly when the trend against the position, margin call will be triggered quickly when trader using high lot size due use high leverage
How much Important of Leverage for Trading
em
Geral
Feb 28, 2022 at 00:10
Choosing leverage will different perspective each trader, but need to understand if choosing high leverage also can be associated with risk trading, it could increase the risk when choosing high leverage, because can lead to overtrading when trader being greedy, safe leverage for beginners is low leverage, but many intermediate traders they like to use leverage 1:100, like as many PAMM managers choose this leverage.
The fear of losing opportunity
em
Geral
Feb 24, 2022 at 23:29
If we already have good habits to avoid the fear of missing out hence will be able to control own selves to make good quality trading entries, we can use pending order to place in specific order price based analysis to getting best price
Fear is the greatest reason
em
Geral
Feb 23, 2022 at 21:20
The trading plan and the market may be facing different results, in our analysis after creating and submitting the plan eventually then depending on the market, but when our plan out from expectation, dont blame the market or ourselves, but we can learn from the mistake.
Can forex trading make you rich ?
em
Geral
Feb 22, 2022 at 23:09
Forex can be profitable will depending on each trader's skill, result in forex trading may vary each trader, and sometimes the result not always fixed, today maybe we can make a good profit but not sure for tomorrow, maybe we face losing trades when loss coming, control emotion is important to avoid mistake because angry.
Demo Trading Advantages
em
Geral
Feb 22, 2022 at 00:24
A demo account is type account designed for practice in real market conditions using virtual money, the main advantage of demo trading is a trader can learn practice in real market to backtest any trading strategy, this is useful for beginners,
Gold broker recommendations
em
Geral
Feb 21, 2022 at 00:05
Sometimes I trade on gold or XAUUSD, I use FXOpen broker that is now confirmed as the best ECN broker-based company news, spread trading on gold is low.
Is trading hard?
em
Geral
Feb 17, 2022 at 02:26
Trading forex is not easy, profit and loss always occurs in trading, but there are a trader that able to generate a high return in forex trading, which he succeeded to making profit more than 1000%nin contest trading FTC 2021 and win the prize,
Luck is important
em
Geral
Feb 15, 2022 at 23:55
Luck sometimes work in trading but traders cant relying upon luck alone, they need knowledge and also skills trading to manage money in uncertain market condition, luck will never come every time, but knowledge will make luck often caught every time
How much should you invest in trading
em
Geral
Feb 14, 2022 at 23:59
Yes, investing money in forex trading is just spent money that affords to lose, it's better to avoid debut for investing forex trading account to avoid something out from expectation because trading forex is risky, besides capital also trader need to looking for a reliable broker, trusted broker usually regulated and they have good review feedback from many traders
Emotion in Forex trading
em
Geral
Feb 13, 2022 at 23:18
Emotion included as human nature, each people they have own emotions because human is not a robot, they felt pain, hurt, etc another feeling as part in emotion, while trading forex will be involved between expectation and reality, when expectation gets out from reality could make human get emotion, but here important to control emotion in trading to prevent bad decision due to emotion.
Can forex trading make you rich ?
em
Geral
Feb 10, 2022 at 23:44
All business has potential to make a people become rich because the God give someone richest and give someone else poorer, in life, a rich person maybe they get more prosperity, whatever goods wanted always can be purchased, someone can be rich from forex business, but also there is a bad story in forex, the trader needs to be realistic to their own skills, if skill bad, don't deposit big money, keep the rules investing money that affords to lose.
Where is GBPUSD Going?
em
Geral
Feb 10, 2022 at 00:17
Yesterday GBPUSD price rose and get high 1.35878, but afterward, take profit then leading price down and now at 1.35336.downtrend starting to weak, now. possible continue
The fear of losing opportunity
em
Geral
Feb 08, 2022 at 23:08
FOMO or fear of missing out is the most disease among traders that lack discipline, usually when traders do this, the end result will get disappointed, but the question is why the fear of missing out is dangerous but they still did it, it is like as waiting for bus and jump when the bus was running.
What makes one a Professional Trader?
em
Geral
Feb 08, 2022 at 00:08
As long as you can make consistent profit in forex trading, you are already professional, but professional I think they not only work in one investment type, they will diversify the portfolio to balancing strategy investment, there is a portion for forex investment, there is a portion for investment in bonds, mutual funds or treasury, crypto, etc.
Money Management Systems.
em
Geral
Feb 06, 2022 at 22:34
Besides good trading strategy, money management has an important role for the successful trader, many professional traders always advise for beginners to trade use money management and take the maximum risk not more than 2% from every plan trading, this is important money management to increasing opportunity
Can forex trading make you rich ?
em
Geral
Feb 03, 2022 at 23:10
I think all business has potential to giving rich, no matter your business is selling foods, goods or become marketing, included in forex trading business, there are some trader that recorded success story their life, the name published and shared on many articles in success story forex, so all trader can become rich from forex business, it will depend how their work here
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