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blackChelsea
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How do I choose a reliable Forex broker?
em
Geral
12 horas atrás
Totally agree with point 6 – funding and withdrawals are often overlooked but really important. I haven’t had any issues with fxview so far. It’s nice not having to worry about that side of things.
Which trading strategies are Scalping, Day trading, and Swing trading?
em
Geral
Jun 05 at 13:02
Scalping, day trading, and swing trading are all short-term strategies, but they differ in speed and style.Scalping is the fastest - it involves making tiny profits from quick trades that last seconds or minutes. It’s very intense and requires constant focus.Day trading is a bit slower. Traders buy and sell within the same day, aiming to catch bigger moves than scalpers but still avoiding overnight risk.Swing trading is more relaxed. Traders hold positions for several days or weeks to capture larger price trends. It requires patience but less screen time.Each strategy fits different pers...
Is technical analysis effective for trading gold?
em
Geral
Jun 05 at 13:02
Yes, technical analysis can work well for trading gold, especially in the short term. Gold often follows clear price patterns, so tools like trend lines, support and resistance levels, moving averages, and RSI can help spot good times to buy or sell.That said, gold is also driven by big-picture stuff - like interest rates, inflation, and global events. So even if the chart looks good, outside news can quickly change the direction.In simple terms: charts and patterns can help you trade gold more confidently, but you’ll get better results if you also keep an eye on what’s happening i...
Risk management vs. profit potential - how do you find the sweet spot?
em
Geral
Jun 05 at 13:02
Balancing risk and profit is about knowing how much uncertainty you can handle. If you’re too cautious, you may miss out on growth, but if you take on too much, you could face losses that set you back.It starts with understanding your own comfort level and financial limits. Then, look for opportunities that offer good returns without stretching your risk too far. Diversifying your investments can help cushion against losses, while tools like stop-loss orders can protect you when things turn south.Remember, this balance isn’t set in stone. As your goals and the market change, you ma...
Common Mistakes That Make New Traders Lose Money
em
Novos Negociantes
Feb 11 at 07:56
It depends how you time the market.
What method do you use to draw past support and resistance levels?
em
Geral
Feb 04 at 05:15
I prefer using a mix of horizontal levels and Fibonacci retracements. Horizontal S/R levels help identify key price reaction zones, while Fibonacci retracements add confluence for potential reversals. Simple, effective, and works well across different timeframes.
Can forex trading make you rich ?
em
Geral
May 11, 2022 at 03:59
Yes, it can! But make sure you know how to trade the markets.
Anyone suggest me best broker for forex trading?
em
Negociantes Experientes
May 11, 2022 at 03:58
Bunch of brokers nowadays but be a little more cautious about the regulations. Pick the one with strong regulations. For a start, Fxview, IC markets or FBS are a few good with strong regulations.
What do you learned while trading?
em
Geral
Mar 27, 2022 at 05:35
Everyone here knew the good points that are required to become a pro trader. But the reality is a bit different from what all we are doing. As we all are not perfect so its very tough to acknowledge each aspect. When we are doing one good thing we have to compromise on the other. We should think rationally in forex trading and not go with emotions. .
What do you expect from a broker?
em
Novos Negociantes
Mar 27, 2022 at 05:28
So far nothing major expectations from fxview but it would be really nice if they add more crypto funding options.
When a trader is a newbie
em
Geral
Mar 27, 2022 at 05:27
Newbie must have a clear understanding of forex calculations. Other things like indicators and price action comes later in the journey. With calculation I mean, what should be RR and position size. And one last thing is newbie should never forget that se/he is new to the market.
What makes one a Professional Trader?
em
Geral
Feb 10, 2022 at 07:50
Right strategy and careful back-testing of the trading plan makes a trader pro.
Where is GBPUSD Going?
em
Geral
Feb 10, 2022 at 07:49
It heads to up just like EURUSD a strong correlated pair.
Is a demo account really neccassary?
em
Novos Negociantes
Feb 10, 2022 at 07:44
Demo trading is extremely important when you are a beginner trader and want to understand how this 6 trillion Dollars forex market works. This is just like learning how to swim in a pool before diving into the ocean. I have practised a demo on fxview mt4 for 10 - 11 months which made me notice the whole different practical approach as compared to what I have read. Demo trades really give you a nice exposure and must not be skipped when you’re thinking about entering the forex market.
You need sound mind
em
Geral
Feb 10, 2022 at 07:44
I agree! Emotions are with a traders till he lives. Removing emotion from trading is not easy. One should trade with proper strategies so that trades are based strong analysis and not on the behavior of the others.
Scalping and trading strategy
em
Geral
Feb 02, 2022 at 06:50
Scalping is really very risky and have good ROI too. I prefer to lock 5 to 10 pips movement on each trade. And to achieve this one must be observant and stoical as scalper is under immense pressure from extreme volatility in the short term market.
Best Broker for a Newbie
em
Novos Negociantes
Feb 02, 2022 at 06:40
Agree! The very first thing should be the regulation only to filter a good broker. When I started I had these options; Fxview Pepperstone Tickmill. These all are best in terms of trading conditions just differ on the fees part.
How much Important of Leverage for Trading
em
Geral
Feb 02, 2022 at 06:34
As a trader we should take the leverage very seriously. Over leveraged can put you into substantial risk and if under leveraged then you may miss the opportunity. I use leverage when advantage is crystal clear. it is important to track the positions and apply stop loss with each trade so that your capital remains in the protected zone.
Good broker is needed
em
Geral
Jan 20, 2022 at 11:35
Looking for a broker that meets your trading needs is very skeptical when there are hundreds of brokers available. It is near to impossible to try each one of that then choose.
MacOS MT5 account sync
em
Geral
Jan 13, 2022 at 09:08
Is that not .dmg file? I have checked on mine and the extension is ".dmg"
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