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New Begining on Forex
v
Noví obchodníci
Apr 17, 2023 at 12:37
A trader who is starting in forex should learn and grasp market knowledge including technical and fundamental analysis, risk management, and trading psychology.
Forex Broker Recommendations?
v
Noví obchodníci
Apr 17, 2023 at 12:31
Yeah! A good broker. I decided on fxview because it meets my trading needs plus I never faced any problems in order execution and withdrawal. I'll advise you to check yourself before following anyone's recommendation.
Luck or Hard Work?
v
Noví obchodníci
Apr 17, 2023 at 12:30
According to me, some traders may experience a few successful trades due to luck, the long-term success in Forex trading is mostly determined by the effort a trader put into understanding the market and developing sound trading strategies.
Money Management Tips
v
Obecné
Apr 04, 2023 at 11:57
Yeah! that's true. But at least we can take precautions to control the risk by using stop loss and other risk management strategies.
Forex Broker Recommendations?
v
Noví obchodníci
Apr 04, 2023 at 11:52
Trading with fxview from past 1 year.
How to Start Forex Trading?
v
Noví obchodníci
Apr 04, 2023 at 11:51
1. Learn the basics: Before you start trading, make sure you have a good understanding of the basic concepts of Forex trading, including currency pairs, trading strategies, and technical analysis.2. Start with a solid trading plan: Before you start trading, develop a solid trading plan that includes your trading goals, risk management strategies, entry and exit points, and trading strategies.3. Practice on a demo account: Practice trading on a demo account to get familiar with the platform, practice your trading strategies, and learn how to manage your risk.
Is a demo account really neccassary?
v
Noví obchodníci
Mar 28, 2023 at 12:35
A demo account can be useful for individuals who are new to trading. It allows new trader to practice trading in a simulated environment using virtual money, without risking their own capital.
Broker Suggestion
v
Noví obchodníci
Mar 28, 2023 at 12:29
A scalper too, choose an ECN broker Fxview, XM, or Hotforex for low spreads.
Is Copy Trading profitable?
v
Obecné
Mar 28, 2023 at 12:27
Copy trading can be profitable, but it depends on various factors, including the expertise of the trader you are copying, the trading strategy used, and the market conditions.
Forex Broker Recommendations?
v
Noví obchodníci
Mar 27, 2023 at 11:17
True! Imo, in addition to using a demo account for practice, the regulation and trading conditions should be taken into account when selecting a broker.
Time and pracrtice.
v
Noví obchodníci
Sep 23, 2022 at 11:43
From my personal experience, you need to spend more and more time practicing learning how the market works. Time and practice go hand in hand.
Demo trading
v
Noví obchodníci
Sep 23, 2022 at 11:43
A demo account is basically for practice to get hands-on trading and for new traders to learn and understand trading.
Basic mistake we make
v
Obecné
Feb 26, 2022 at 10:19
According to me, the basic mistake traders make is not understanding the market properly and letting the emotions in while trading.
Good broker is needed
v
Obecné
Feb 25, 2022 at 04:49
So far the brokers which I have used - fxview, pepperstone, hotforex, IG are really some good ones to consider, spreads are tight plus lower commission on lots.
5 Things I have learned in 5 years of trading!
v
Obecné
Feb 25, 2022 at 04:45
The things which I have learnt throughout my trading journey are how to keep patience, stay dedicated, focused and how to manage risks and capital efficiently.
What makes a good MT4 broker????
v
Noví obchodníci
Jan 07, 2022 at 05:15
According to me, what makes a good mt4 broker can be good execution speed, low spreads and minimal slippage. There are number of brokers providing MT4 platform along with good execution like fxview, pepperstone and hotforex.
Newcomers and their greediness
v
Noví obchodníci
Jan 07, 2022 at 05:13
When you join forex, number one rule should be to learn sincerely that greed can eat up all your profits which you have earned with hardwork.
Most traders are impatient
v
Obecné
Mar 11, 2021 at 12:19
Demos are very useful, if they are boring, then you are doing it wrong.
It has been said that
v
Obecné
Mar 11, 2021 at 12:15
Practice definitely made me get better with trading so I will say that this is very true.
When a trader is a newbie
v
Obecné
Mar 11, 2021 at 12:14
When you are a beginner, you do not know where to start, so it is better if you can start gaining knowledge by following some courses (make sure it is free) and learn as much as you can so that you will be able to gain better understanding in future
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