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There is nobody who can
på
Allmänt
Feb 02, 2021 at 11:05
Yes no doubt, losses are implied in forex owing to the uncertainties in market. All of us bear losses but we have to try to learn to minimise them if we want to be profitable.
For trading you do not need
på
Allmänt
Feb 02, 2021 at 11:04
Well said, the key is enhancing your knowledge eventually, gathering experience an learning from your pasts. No need to devote entire day to it, but yes quality time along with dedication really works.
Looking for Broker
på
Nya Handlare
Feb 02, 2021 at 11:02
Couple of options out there but all I’d suggest to you is go with some broker who is regulated and is offering good trading conditions. I’ve been with a few in the past and its been a rough ride with some. Finally with fxview and this broker is kinda pretty good till date, tight spreads, low on commission and timely withdrawals.
Getting so much confused with the terms. Please, help.
på
Nya Handlare
Dec 29, 2020 at 07:28
You better check out Babypips if you are getting confused with the terms. You'll have all the terms nicely explained and that will surely be helpful for you.
Choosing the Right Broker
på
Allmänt
Dec 29, 2020 at 07:25
Certainly, regulation is one of the prior things I look for, in a broker followed by good trading conditions. This is the reason I ended up with Fxview since they are Cysec regulated and quite good in terms of offerings such as good execution, tight spreads and quick withdrawals.
No one should depend upon luck
på
Allmänt
Dec 29, 2020 at 07:23
I agree. Its all about how much hard work one puts in, luck is just psychological.
Most people fail because
på
Allmänt
Dec 11, 2020 at 12:21
One of the biggest reasons indeed. I have seen people quit forex completely because of greed that wiped them badly.
Fear of losing
på
Allmänt
Dec 11, 2020 at 12:20
Yeah, all of us have this fear deep down. But the more we trade, the more we can overcome this fear of loss.
Best Platform
på
Nya Handlare
Dec 11, 2020 at 12:19
The best platform in my opinion is one which has a good interface and all the technical indicators and features that allows a trader to carry out his analysis in the best possible way. Though there are various platforms out there, the most widely used, being the Meta trader 4 and 5,that even i use with fxview and is available with majority of brokers these days. Rest it depends on a trader's requirements too.
Acquiring knowledge is basic
på
Allmänt
Dec 10, 2020 at 07:15
Without a good knowledge base, there's no fun is trading actually. We have to try to gather information at every phase if we want to succeed as a trader.
Trading in lower timeframes
på
Allmänt
Dec 07, 2020 at 11:50
Very important to note. I hope people are paying attention to this
Not that easy
på
Allmänt
Dec 07, 2020 at 11:49
Yes, with practice make perfect, so you have to keep on practice to master the art of forex trading.
Fxview
på
Mäklare
Dec 07, 2020 at 11:49
The trading conditions are good. I like how quick the withdrawals process is. I haven't faced any hassle from the account creation to the trading MT4 to the withdrawal.
New traders love scalping
på
Allmänt
Dec 07, 2020 at 11:47
I have been seeing this trends, I hope they are aware that it is not easy as seen on paper. It is very risky and can easily wipe your account if you do not pay attention to the volatility in timeframes.
Online source of income
på
Allmänt
Nov 10, 2020 at 07:23
Yea, forex is a good online source of income, provided we know how to trade efficiently and that takes time and effort.
How to trade effectively in forex?
på
Nya Handlare
Nov 10, 2020 at 07:17
One thing that I would tell you is that though forex offers great opportunities of money making, yet profitability takes time and hence you need to be really patient and focus on learning more as a beginner.
Trading time is very important
på
Allmänt
Nov 05, 2020 at 06:57
I agree, understanding when to enter and exit a position is super important.
Forex is not scam
på
Allmänt
Nov 05, 2020 at 06:56
Correct, its the people and the brokers, where scams are common. So we need to be very cautious.
Demo can not make you well experienced
på
Allmänt
Nov 05, 2020 at 06:55
Well demo is undoubtedly the best way to start forex trading, but after you've practiced enough on demo, one must start live account trading with a small amount because that's what gives you a real experience.
Not an easy task
på
Allmänt
Oct 20, 2020 at 06:38
True. but consistency is something not easy to achieve, It takes time so we have to be really patient and positive.
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