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Opening a New Real Account: Best Broker to Choose
på
Nya Handlare
Nov 30, 2016 at 15:48
Regulated by CySEC to do what exactly? Haven't heard of this broker yet.
Trading Psychology
på
Nya Handlare
Nov 30, 2016 at 15:48
I just what to add that choosing the trading style is part of the strategic decisions everyone of us make. Scalping is just very short-term oriented.
DEMO ACCOUNT vs LIVE ACCOUNT
på
Nya Handlare
Nov 30, 2016 at 15:47
Extremely precise quote! I think I read about this before somewhere but I cannot agree more. Thanks for bringing the aspect of broker ethics to the discussion! 😄
Beginners - Kill your emotions
på
Nya Handlare
Nov 30, 2016 at 15:47
Five star discussion, really! Tips such as to follow the trend, to automate if possible, the meditation, proper money management etc. I personally found plenty of cool things shared here. Maybe finding a trading mentor/coach could also help in dealing with the emotions. They cannot be completely killed as it was already said. Losses can and will always happen but the ability to accept them and recover is what makes the difference.
EUR/USD
på
Nya Handlare
Nov 30, 2016 at 15:45
EUR/USD is moving in the range between 1.0687 (resistance) and 1.0513 (support) for already half a month! That's what I call a solid consolidation. Definitely the big break of this zone will be after the NFP. I expect a number higher than 174K which may have a bullish effect on the dollar.
Do you prefer fixed spreads or dynamic spreads?
på
Nya Handlare
Nov 30, 2016 at 15:45
I also prefer the 5 digits option but I know it is not offered by all brokers.
Is demo trading enough before real account?
på
Nya Handlare
Nov 30, 2016 at 15:44
@Madjarrah btw, since you mentioned the broker perspective, I hope the big brokers are reading such discussions to understand what irritates their clients and what can be done better 😄
Is demo trading enough before real account?
på
Nya Handlare
Nov 30, 2016 at 15:43
Well, yes, that's true. I think it's reasonable to have some kind of expiration rule but not just based on duration as also nothing stops the trader to open a new demo account. This could avoid the annoying account reopening after 15/30 days even if you use actively the demo.
Steps to become a professional forex trader
på
Nya Handlare
Nov 30, 2016 at 15:43
I agree. To be able to know and be confident about these details in trading is already a good condition for consistent performance on a pro level.
DEMO ACCOUNT vs LIVE ACCOUNT
på
Nya Handlare
Nov 30, 2016 at 15:42
@xgavinc I think this means that the broker does not take the opposite side of the trade but pass it to the banks, right? So here the broker is a simple transmitter of the order. Maybe this was what Nina referred mentioning the hedge and kieran replying with 'yes'. Just wanted to clarify for myself this point in the discussion.
recently joined.
på
Nya Handlare
Nov 15, 2016 at 16:09
Yes, it can be quite different but good luck!
Steps to become a professional forex trader
på
Nya Handlare
Nov 15, 2016 at 16:09
Practice plus reflection to learn from the experience.
Steps to become a professional forex trader
på
Nya Handlare
Nov 15, 2016 at 16:09
I think the trading style should reflect the personality. If you know what trading instruments and settings are suitable to your attitude, use them and it will be a matter of time to see good results.
Robotic Trading VS Manual Trading
på
Nya Handlare
Nov 15, 2016 at 16:03
I suppose robotic trading requires strong programming skills and could be suitable only for some traders.
DEMO ACCOUNT vs LIVE ACCOUNT
på
Nya Handlare
Nov 15, 2016 at 16:03
Demo stage in serious trading is a must. No way around it if someone wants to be successful.
Is demo trading enough before real account?
på
Nya Handlare
Nov 15, 2016 at 16:02
To me demo is enough before starting with real money but only if a few books and a trading course is added to the list 😄
Do you prefer fixed spreads or dynamic spreads?
på
Nya Handlare
Nov 15, 2016 at 16:02
When I started trading FX I used fixed spreads because I thought this brings predictability of the costs. Nowadays I trade at dynamic spreads and it's all fine as long as they are stable at market news.I would add a second question - do you prefer the commission to be separate or included in the spread? 😄
Live chat or new trader discussion.
på
Nya Handlare
Nov 15, 2016 at 13:44
Hey guys, I think on Google+ there are plenty of trading communities where we can share ideas. Here on Myfxbook I also see numerous threads about trading signals on currency pairs. I enjoy following such discussions!
Classic books about forex
på
Allmänt
Nov 15, 2016 at 13:41
I found a list of books for beginner traders on the earnforex forum:Candlesticks For Support And Resistance — The basics of trading with candlesticks charts by John H. Forman.Online Trading Courses — Course #1 lesson #1 by Jake Bernstein.Commodity Futures Trading for Beginners — by Bruce Babcock.Hidden Divergence — by Barbara Star, Ph.D.Peaks and Troughs — by Martin J. Pring.Reverse Divergences And Momentum — by Martin J. Pring.Strategy:10 — Low-risk, high-return Forex trading by W. R. Booker & Co.The NYSE Tick Index And Candlesticks — by...
MetaTrader 4
på
Trading Plattformar
Nov 15, 2016 at 13:41
When it comes to forex trading, MT4 is my favourite choice! A top-notch platform.
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