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Príspevky od forex_trader_3036016
Is it necessary to choose the right day to trade?
v
Noví obchodníci
Oct 20, 2022 at 08:14
I agree. A trader should know how to find an opportunity and make it potable, no matter where the market stands.
Best forex demo account brokers
v
Obecné
Oct 19, 2022 at 11:57
All the brokers offer demo accounts. I would suggest you to use the demo account of the broker that you want to trade live with. Apart from allowing you to practice trading, this will also help you analyse the trading environment offered by the broker.
Is it necessary to choose the right day to trade?
v
Noví obchodníci
Oct 19, 2022 at 11:56
I agree. A trader should know how to find an opportunity and make it potable, no matter where the market stands.
How much do you earn on forex investments? (Investors only)
v
Noví obchodníci
Oct 17, 2022 at 06:43
Some days I make more, while some days I don’t. I have made b/w $500 - $1500/ month.
Books or Videos - Which one is better for learning?
v
Noví obchodníci
Oct 17, 2022 at 06:42
The purpose is to learn. Books, courses, etc, choose whatever medium you are comfortable with learning. Personally, I prefer learning from video lessons as they are more concise.
What indicator you use for scalping?
v
Noví obchodníci
Oct 14, 2022 at 10:08
As a scalper, I can say SMA, EMA, and MACD are very helpful indicators in implementing scalping.
Demo trading
v
Noví obchodníci
Oct 13, 2022 at 07:34
Demo trading is not perfect as there is minimum inclusion of psychology and risk management. But it’s great for backtesting trading strategies - and successful trading is not possible without a good strategy.
Risky business
v
Obecné
Oct 11, 2022 at 09:57
Risk will always exist in the forex market or any other financial market. But it is up to the trader how he/she deals with it. Incorporation of tools such as stop losses, T/P orders, and use of low leverage can help to minimise loss up to some extent.
Most people fail because
v
Obecné
Oct 10, 2022 at 10:27
There could be many reasons for this. But from what I have noticed, traders fail because of a lack of trading mindset, skills, etc. They expect to make quick money, without putting any real effort.
When a trader is a newbie
v
Obecné
Oct 07, 2022 at 04:32
When I was a newbie, I was desperate to make money and took the wrong steps. Results? I blew up multiple accounts. Don’t make this mistake! Focus on your forex education first. You will make money once you know your way around the market.
Forex Courses
v
Noví obchodníci
Oct 07, 2022 at 04:28
I never paid for a course to learn forex trading. I learnt everything myself, and so can you. There are plenty of free strategies and courses. Check them out and do backtesting before trading live. Best of luck!
Have a plan and stick to it
v
Noví obchodníci
Oct 06, 2022 at 11:18
A trading plan gives you a direction to achieve your goals. It includes pointers like stop loss, T/P profits, time-frame, and other things that traders should consider while executing a trade. A well-constructed plan also prevents you from getting distracted.
Diffrence between real & demo trading
v
Noví obchodníci
Oct 05, 2022 at 08:07
Demo is purely designed for learning purposes, where trading is done with virtual money, whereas live trading is trading in the actual, moving market with your own money. Traders trade on a demo account to build a functioning trading system.
Which pairs are your least favorite to trade? And why?
v
Noví obchodníci
Oct 04, 2022 at 12:55
Same!I didn’t have a great time with trading major pairs.
Is a demo account really neccassary?
v
Noví obchodníci
Oct 04, 2022 at 12:54
It’s good for practice and creating strategies but don’t rely on it too much as live trading is quite different. The difference arises because of slippage, execution, difference in spreads, etc. All the factors can impact the trading system. After I had a strategy in hand, I moved to a micro live trading account.
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