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LyudmilLukanov
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Free Knowledge
em
Geral
Sep 21, 2020 at 04:37
Try to gain basic knowledge of forex trading. Then start trading in demo account to test trading skill and platform. New trader should not start invest money first without trying demo account.
Is FP Markets suitable for scalping ?
em
Geral
Sep 19, 2020 at 16:48
Scalping is a short time trading strategy. So, spread is a big matter regrading this kind of strategy. Trader should choose low spread broker for scalping.
ASIC regulation
em
Geral
Sep 18, 2020 at 15:09
You can make a complaint in writing or by phone through ASIC official website. You also find a video tutorial in their website regarding how to complain.
Web-based trading
em
Geral
Sep 17, 2020 at 04:10
Web-based trading is good for monitoring and adjust trade. But I prefer mt4 pc for full trade setup.
Strategy and Forex
em
Geral
Sep 15, 2020 at 04:18
There are lot of trading strategy in trading. Trader should follow according to their preference. As example, scalping is short time trading strategy. So, those who don’t have enough time they can try this kind of strategy.
myfxbook is doing a great job
em
Geral
Sep 13, 2020 at 23:52
I agree. They are helping lot of trader in their trading journey. Hope they continues their good work.
Hedging
em
Geral
Sep 13, 2020 at 11:16
Thats right. However, all broker don't allow it. So, traders should choose broker carefully.
Drawdown max and profit
em
Geral
Sep 12, 2020 at 10:24
I agree with you. It is all about knowledge. How well you know and understand the market.
Beginners Greed
em
Geral
Sep 11, 2020 at 12:47
That’s true. Trader should control or avoid this kind of emotion. It is hard but not impossible.
What does matter
em
Geral
Sep 08, 2020 at 21:57
Every trader type has own characteristic. Trader should choose according to their preference. Scalper is a short-term trading type. So, trader should choose this kind of trading strategy who do have lot time to spend in trading.
Which Broker is Best for High leverage ?
em
Geral
Sep 06, 2020 at 16:33
Almost all broker in the market provide high leverage. I think 1:1000 leverage is enough for a trader. However, some broker also provides 1:2000 leverage. Trader should a regulated broker with this kind of leverage.
Investing in Forex
em
Geral
Sep 05, 2020 at 17:19
Investing in forex market is a good idea. However, without knowledge, trading is a bad idea. Trader should earn knowledge before starting investing.
The future of Crypto
em
Crypto
Sep 04, 2020 at 17:48
I think Bitcoin halving effect severely to miner. Many BTC miner already switching to other altcoin.
Trading Target
em
Geral
Sep 03, 2020 at 06:21
Trading Target varies trader to trader, strategy to strategy. Short timer trader target for short pips and long-time trader target for long pips. However, I am a scalper. I usually target 100-150pips per day.
When to stop.
em
Geral
Aug 31, 2020 at 16:07
I determine my SL according support and resistance level. I always set 5-10pips lower than my determine level. That’s the way I can reduce loss of slippage.
Stop Loss/Margin of Safety
em
Geral
Aug 30, 2020 at 15:18
That’s a good strategy. I prefer trailing SL in breakout trading. I usually take 1-2% risk per trade.
Whats Dominan Your Strategy ?
em
Geral
Aug 29, 2020 at 15:17
Candlestick chart pattern Dominant my trading strategy. I often use Triangle patterns, Flag patterns, and Pennant patterns.
Luck is important
em
Geral
Aug 28, 2020 at 00:25
I agree with you. Trader can not be 100% sure all time. Sometime luck is matter. But depending only on luck you are sure to be doom.
7 Benefits of using stoplosses
em
Geral
Aug 24, 2020 at 21:24
Thanks. That’s a helpful post. I prefer to use trailing stop loss which help me to reduce loss significantly.
Slippage
em
Geral
Aug 22, 2020 at 16:10
It become big issue when you trade at volatility market like important news release.
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