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Essential Elements of a Trading Plan
på
Nya Handlare
Feb 05 at 11:04
A trading plan should outline your goals, risk management rules, and strategies. Stick to it to stay disciplined and avoid impulsive decisions.
How to become emotionless trader?
på
Allmänt
Feb 05 at 11:03
Stick to your plan and don’t let emotions control your trades.
Forex broker recommendations
på
Allmänt
Feb 05 at 11:01
@Lydia_7 Fxview is getting a lot of hype though. How’s the spread?
Start Trading as newbie
på
Allmänt
Jul 15, 2024 at 07:23
YouTube is fantastic, free resource for all. While starting out can be tough, good brokers like IG and Fxview offer great educational content, including webinars, blogs, and videos to help beginners. I used Fxview when I was a newbie, and it was helpful.
Free MQL5 Programming for Your Trading Strategies!
på
Programmering
Jul 15, 2024 at 07:06
Hi, One strategy I frequently use is two moving averages (one fast, one slow). Buy when the fast MA crosses above the slow MA, and sell when it crosses below. This helps spot trends and make good trades. What do you think?
I am new to Forex and I am about to start my first trades.
på
Erfaren Traders
Jul 15, 2024 at 06:40
Hey! Welcome to Forex Trading! A couple of quick tips:1.Start small to get a feel for things without risking too much.2.Keep learning and adapting; mistakes are your best teachers.Happy trading, and if you need any help, just ask!
Demo can not make you well experienced
på
Allmänt
Oct 21, 2022 at 11:11
In my view demo account make you well experience wot your own strategies.
What market is more chaotic: forex or stocks?
på
Allmänt
Sep 19, 2022 at 11:04
Yes, even I strongly agree to this fact! Due to the volatility the forex market is more chaotic.
I'm new to Forex trading and looking for some advice
på
Nya Handlare
Sep 19, 2022 at 10:59
Well, talking about leverage I would say that a newbie must always go for a lower leverage as high leverage involves high risk.
Expert Advisor...good for beginners?
på
Nya Handlare
Sep 19, 2022 at 10:54
Yes, I agree over this even though high risks means high profits,but in forex one should have solid knowledge regarding the strategies he is going to follow as the market is volatile and can lead to huge losses if not implemented properly.
How much should you invest in trading
på
Allmänt
Sep 03, 2022 at 09:12
IMO, one should always start with small amount. Many people believe that if they had a large amount of capital, they would be able to attain huge profits. But he reality is that you will lose every penny if you lack the necessary knowledge and expertise regardless of the amount of money you invest.
The worst trading advice you can get
på
Allmänt
Sep 03, 2022 at 08:58
I was advised to switch to live account from demo after a month, which I think is a very less time to understand the forex market.
DO you get scared over drawdowns?
på
Allmänt
Sep 03, 2022 at 08:54
Agreed! Demo trading is very important to know the forex market well in order to sustain in the market for a longer period.
What makes one a Professional Trader?
på
Allmänt
Sep 02, 2022 at 05:09
IMO, professional trader is one who knows how to keep their emotions under control and knows which strategy suits best for them to succeed in forex.
Can you borrow money from the bank to trade forex?
på
Allmänt
Sep 02, 2022 at 05:06
It's preferable to utilise only your money to trade because there are many risks involved and no assurance that you will make money from it any time soon. Wait till you have your own money to trade. Trading involves twice as much stress when using borrowed money.
Is it better to invest or save money?
på
Allmänt
Sep 02, 2022 at 05:01
It depends on person to person, I personally prefer investing money!
Psychology
på
Allmänt
Aug 04, 2022 at 07:43
True and to add on I would say that keeping a check on your mental health is very important if you want to survive in forex market.
The fear of losing opportunity
på
Allmänt
Aug 04, 2022 at 07:38
Agreed and with this your trading journey will be affected badly so one should keep a check on his emotions before trading in forex market.
There is no short cut
på
Allmänt
May 07, 2022 at 05:44
Success in trading takes time and a lot of effort. It is unrealistic to expect to become successful in forex trading overnight. You must dedicate time to learning more about trading and must practise frequently.
What do you learned while trading?
på
Allmänt
May 07, 2022 at 05:43
Trading is a continuing learning experience in which you never stop learning. Every day brings a new challenge, and you must be prepared. The key to trading success is consistency. Only by remaining constant in the market,can you learn about the different aspects of forex trading. So, if you're trading in the forex market, keep practising and learning.
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