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Broker recommendation!
på
Erfaren Traders
Oct 25, 2021 at 12:04
Fxview and hotforex are 2 good options to consider.
Trading without stop loss
på
Allmänt
Oct 25, 2021 at 11:03
Adjust SL as per your risk appetite. I always keep my SL to 5 ticks. This can vary from trader to trader.
How much should you invest in trading
på
Allmänt
Oct 25, 2021 at 11:00
Agreed, at starting never put your money in risk. Take your time to settle down and see how your capital affects from the trades. Don't make any hurry, trade, learn and grow!
Most traders don't get success
på
Allmänt
Oct 18, 2021 at 10:46
Trading on forex and seeing good returns is not a one day game. For consistent returns one have to maintain good consistency in his trading routine. Look for accurate entry and exit points on the chart with proper stop loss. Back-test your strategies on different timeframes for better results.
How long it takes to learn
på
Allmänt
Oct 13, 2021 at 10:27
Learning is a never ending process.
Fxview
på
Mäklare
Oct 13, 2021 at 10:25
Good broker!
Risk/Reward Ration-Why you should master the Act.
på
Allmänt
Oct 06, 2021 at 06:35
I keep my risk reward ratio to 1:5. There is no harm for getting 1000 when keeping 200 on risk.
Social Trading
på
Erfaren Traders
Oct 06, 2021 at 06:30
Zulutrade is good for social trading. I have used it with fxview. Check if your broker offers that.
To make a good trading plan
på
Allmänt
Oct 05, 2021 at 10:34
Strategy that has been back-tested for different time frames has the more probability of landing you on the ground of success.
Fundamental stuff
på
Allmänt
Jun 02, 2021 at 09:45
I think, we should see both factors fundamentals and technical if you are swing trader.
In trading consistency is important
på
Allmänt
Jun 02, 2021 at 09:33
Yes, correct! With consistent trading look for more ways to generate strategies that can benefit your trades on different time frames.
To shine in forex
på
Allmänt
Jun 02, 2021 at 09:26
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Those who can't learn will be eliminated by the market
på
Erfaren Traders
May 27, 2021 at 15:34
Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.
Most traders don't get success
på
Allmänt
May 27, 2021 at 15:28
Due to less knowledge of the forex market, this happens. For a trader, it is very important that you must know how to place good trades with proper trading strategy. and don't forget to back-test the strategies.
New and undisciplined traders
på
Allmänt
May 27, 2021 at 15:24
Better to trade with those forex brokers who are regulated by good regulatory body. Trading with regulated forex broker brings some amount of peace in mind regarding safety of funds.
Hammer
på
Mönster
May 25, 2021 at 08:54
Hammers take the point when, there is long downtrend and generally, it is a bullish reversal candle but must confirmed with next candlestick pattern.
Doji
på
Mönster
May 25, 2021 at 08:28
Keep very clear understanding of candlestick patterns for forex trading as this can help you to make a wise trade move with proper timing. Doji is a candle where open and close have same value and describes that market tried find the support but closes with unclear trade sentiment. Doji is an indecisive candle, better to look next trend with MACD and RSI indicators.
How long it takes to be profitable
på
Allmänt
Apr 22, 2021 at 11:05
Correct! And for that you must be persistent with forex trading and have motive to improve from the mistakes that pushed you into losses
When loss occurs
på
Allmänt
Apr 22, 2021 at 11:02
To deal with emotions practice meditation and yoga, this really helps.
Purpose of demo trading
på
Allmänt
Apr 22, 2021 at 11:00
Generally, demo account must be with the broker with whom you will be start your live trades as this will help you to understand their platform. But now a days even experienced traders practice on demo account just to tune themselves with current trends.
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