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winifredbass
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winifredbass
There is a proverb that practice
ใน
ทั่วไป
Jun 12 2021 at 10:54
Yes, this is very much true and following this proverb you can make a good amount of money. Proper knowledge comes with proper practice. Forex trading is all about using your skills and trading at the right places.
Forex trading is for expert people
ใน
ทั่วไป
Jun 10 2021 at 09:08
I won’t agree to this. Anybody can trade in forex if they have proper knowledge and they are patient enough to practice and learn about trading. Newcomers when trade with dedication and experience become expert traders.
Losses are a part of trading
ใน
ทั่วไป
Jun 09 2021 at 12:14
Losses can be avoided to a certain extent but they will surely exist in a market this volatile. Just like profits, losses are a big part of forex. Obviously, traders can use different strategies and aspects to reduce these losses from time to time like stop loss orders and other risk management techniques.
News trading is very tempting
ใน
ทั่วไป
Jun 03 2021 at 11:51
No matter how fascinating news trading would be, it is important that people focus on the fundamental aspects as well as the technical aspects of it. Can’t ignore that for sure. I for one think that news trading should only be done by expert traders.
Any crypto traders in the house?
ใน
คริปโต
Jun 03 2021 at 11:50
In my experience of it, I didn’t see much of a difference between the two. Probably because I was quite used to trading forex on a broker platform so switching to cryptos wasn’t that difficult. It was rather familiar and convenient. I’m sure different people would have a different opinion about it.
Broker Suggestion
ใน
นักเทรดมือใหม่
Jun 03 2021 at 11:48
Since you are looking at a high leverage broker that offers MT4, I would suggest using turnkey forex. It's compatible with all commercial EAs, hedging is allowed, and you can trade on lot size of 0.01 lot. The reason why I also prefer this broker is its low commission structure, you just gotta pay $2 including entry and exit, which I believe is the lowest in the industry for a broker offering spreads from 0.1 pips.
LotTrading
ใน
ระบบการเทรด
Jun 03 2021 at 11:19
1:400 is not as high a leverage but your system shows a loss. Would you like to share your experience with this trading system here?
Need help for be a good trader
ใน
นักเทรดมือใหม่
Jun 02 2021 at 13:06
If you are completely unaware of how forex works, I suggest you go for some trading course or read about it online first. You can read a few books like How to Make a Living Trading Foreign Exchange by Courtney D. Smith, Forex Trading: The Basics Explained in Simple Terms by Jim Brown, Currency Trading for Dummies by Brian Dolan. You can also explore some of the courses on udemy or babypips. The key is to keep practising and learning until you fully understand the core concepts.
New and undisciplined traders
ใน
ทั่วไป
Jun 02 2021 at 13:01
That is right and it is probably for the best if they understand the importance of learning how to enter and exit the market as per a plan. Planning that becomes the responsibility of every trader and oftentimes the newbies tend to ignore this factor. Obviously the result then is a string of losses.
ForexTruck
ใน
ระบบการเทรด
May 28 2021 at 13:41
That is not at all a bad system and even the profits on it look great. What leverage did you use here?
Is Cysec regulation/authority reliable in terms of financial distress?
ใน
ทั่วไป
May 28 2021 at 06:12
Of course there is some sort of security with regulation, and traders generally prefer that while trading.
ProFx 7 | M30
ใน
ระบบการเทรด
Mar 31 2021 at 04:55
The demo looks alright, your trades are also pretty good.
Profit target?
ใน
ทั่วไป
Mar 31 2021 at 04:54
Yes, the target can be adjusted with the lot size and the risk can be minimised with it.
Most traders are impatient
ใน
ทั่วไป
Mar 30 2021 at 05:44
Yes discipline is very important for trading better and making any progress in forex.
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