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Greed is poison
em
Novos Negociantes
Feb 09, 2021 at 10:59
For attaining any sort of success in forex, it is mandatory that a trader keeps away from any kind of greed or emotion. These are the things that can lead a trader closer to losses and failure.
Bonus and broker
em
Novos Negociantes
Feb 09, 2021 at 10:58
Well, I doubt if any good regulated broker provides a bonus and for me, regulation is what plays the most imp role. I’ve been trading with fxview, couldn’t avail a bonus but the trading conditions are good and regulations are strong, which is a priority.
Trading without stop loss
em
Geral
Feb 09, 2021 at 10:57
Whether we use SL while trading or not, I think that totally depends on a trader's strategy and plan. It is not necessary to have a stop loss placed every time you are trading, but yes it serves as an extra cushion against major losses for sure.
For Newbie
em
Novos Negociantes
Dec 31, 2020 at 07:22
Demo trading is what a newbie should start with. Gives you a good walk through with how the market works and also the technical part, without risking any fund.
Cherching best server broker
em
Geral
Dec 31, 2020 at 07:20
Fxview for me. Really the best trading terms and faced no latency issues.
Bored in the Corona phase
em
Geral
Dec 31, 2020 at 07:20
Won't say days are boring, but have become lazy for sure.
For Newbie
em
Novos Negociantes
Nov 03, 2020 at 12:22
Very true, success wont come until we learn.
Fxview
em
Brokers
Nov 03, 2020 at 12:19
Started with a €100 account as I had been hearing a lot of about this broker. And the good thing is that everything that i heard about them turned out to be true. Great spreads, low commission and quick withdrawals, on top of that they are regulated by the Cysec too. Good broker overall.
newcomers trading habit
em
Novos Negociantes
Sep 02, 2020 at 05:53
That reminds me of various of my trader friends, who are no more trading because of these habits only.
Time and pracrtice.
em
Novos Negociantes
Sep 02, 2020 at 05:52
Time and practice - how much of them is needed, it depends and varies from trader to trader, their skills, passion, grasping power and knowledge
trading basic
em
Novos Negociantes
Sep 02, 2020 at 05:50
True! Demo trading is definitely a great way to practice and test strategies. Not at all recommended for any beginner to directly start with a live account, that's too risky.
Avoid predicting the markets, Rather be reactive.
em
Novos Negociantes
Sep 02, 2020 at 05:49
That's a good post. I agree, we shouldn't always be using our head in predicting and guessing what's gonna happen next, rather use it in planning different strategies to handle any unforeseen situation that comes up. Good point for traders.
HOW MANY TIMES BLOWING UP ACCOUNT BEFORE GIVING UP
em
Geral
Aug 27, 2020 at 06:25
True! One should keep trying and trying, things will definitely work out one day.
Best way to avoid the news.
em
Geral
Aug 27, 2020 at 06:23
Right. Traders should not feel serious about all news material. Yes, news is important but focus should be on the ones relevant to our trades. That ways we'll be able to make better decisions.
How much Important of Leverage for Trading
em
Geral
Aug 27, 2020 at 06:21
I agree on that. Using low leverage in the start is always better.
How to Successful Forex Trading Mindset?
em
Novos Negociantes
Aug 03, 2020 at 06:35
Just focus on your goals and trade. Do not let emotions interfere with your trading, neither let greed make you overtrade and take stupid decisions. Be firm with your approach and always have a plan b ready in case things do not work in your favor. Those are little things that take you closer to success in forex.
Is forex is best source of income?
em
Novos Negociantes
Aug 03, 2020 at 06:33
Forex can fetch you good money only and only if you have that knowledge and passions that goes in to become a successful trader here. Nothing comes easy, the same goes for earning a stable income in forex.
Emotional Trading
em
Geral
Jul 14, 2020 at 08:47
Yes handling emotions is a vital part of trading forex successfully.
7 Benefits of using stoplosses
em
Geral
Jul 14, 2020 at 08:43
Indeed it is one of the best tools
Newcomers and demo trading
em
Geral
Jul 06, 2020 at 06:39
That's right! Demo is perfect to test strategies and practice. One shouldn't directly start with a live account, there are more chances to loose that way.
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