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Demo Trading Advantages
på
Allmänt
Aug 19, 2022 at 11:07
Practising on a demo account will help you only if you do that rightly. It would make trading seem easier and if you expect the same when you are in the live market, you will lag in every manner. So, demo trade only to get an idea of the market and for actual experience, trade in the live market.
Can you borrow money from the bank to trade forex?
på
Allmänt
Aug 18, 2022 at 10:46
Since trading is full of risks and there is no guarantee how long it will take for you to make money through it, it’s best to use only your money to trade. If you don’t have money to trade, wait until you have. Trading with borrowed money with double the stress of trading.
Is Forex trading a viable source of income for a new trader?
på
Nya Handlare
Aug 17, 2022 at 06:08
I think that forex trading is not a viable source of income for newcomers for several reasons. Forex trading requires a significant amount of time and effort to be successful and newcomers are unlikely to have the time or patience to put in the work required.Truth is forex trading is a very competitive field and newcomers are unlikely to be able to compete with experienced traders.
Which pairs are your least favorite to trade? And why?
på
Nya Handlare
Aug 17, 2022 at 06:02
There's no such thing as a "least favourite" currency pair, since each one has its own unique strengths and weaknesses. However, if i had to choose one, it would probably be the EUR/USD.
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