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Best time frame to trade
em
Geral
Jan 22, 2021 at 13:26
I prefer using the daily timeframe because its the perfect platform for trading where many trades range from beginners to professional traders. Some prefer higher time frames, but it mostly depends on trading style.
Basics knowledge is not enough
em
Geral
Jan 12, 2021 at 15:32
"Basic knowledge in forex would only be useful in the demo account, to start live trading a trader should have a strategy in mind and a risk management plan.There will be no profit just by trading with basic knowledge, which is why most beginners fail in forex."
Brokers and true ECN brokers
em
Novos Negociantes
Jan 12, 2021 at 15:31
I currently trade with FP Markets using their ECN pricing raw account. The spreads are tighter and consistent during high volatile market movements, and their slippage is lower than other ECN brokers.
Beginner's Tips
em
Novos Negociantes
Dec 08, 2020 at 15:58
My advice to beginner broker would be to learn about the forex market, keep it slow and practice in demo till you gain the confidence to start live trading.
Is FP Markets suitable for scalping ?
em
Geral
Dec 08, 2020 at 15:58
I'm a scalper trading for close to a year and have tried ICM, pepperstone and FXM in the past, and currently trading with FP Markets for about two months.The spreads and commission costs are lower compared to my previous brokers; the customer service dedicated manager was helpful as well in solving queries.
scalping is risky ?
em
Geral
Nov 19, 2020 at 15:26
Scalping is purely based on technical analysis and short-term price fluctuations. Due to the extensive use of leverage, scalping is considered a high-risk style of trading.
Choosing the Right Broker
em
Geral
Sep 11, 2020 at 11:38
I'm new to FX and have been doing demo for the last few months. Looking to go live and have shortlisted FP Markets and FXTM.Both brokers have similar spreads and leverage, can anyone who has traded using both brokers recently share their experience?
High Leverage
em
Geral
Sep 04, 2020 at 11:23
I would suggest beginners to trade with lower leverage to minimize risk and to develop most skills and knowledge on the live account.To more the capital invested the higher risk and confidence level will also fall.
using leverage
em
Geral
Sep 02, 2020 at 08:11
Using higher leverage can i gain capital quicker or is it just risky ?
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