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How much money can I expect to make from trading?
Genel
içinde
Mar 05, 2022 at 07:31
To reveal an expected amount, firstly, I have to know how much is your investment capital. If it is $500 dollar, then $100-$150 is good enough. But the earning can be more or less depending on different market conditions. But I always recommend not to take much risk.
How much should you invest in trading
Genel
içinde
Mar 04, 2022 at 09:34
Investment is a big factor in Forex trading business because the profit increases here proportionately. Besides, Forex is such a market where a trader can trade with a very small capital. But, I prefer not to invest more than 5000 USD because Forex is a volatile and risky market.
best way to find is my best performing EA
Genel
içinde
Mar 04, 2022 at 09:27
EA is automated trading software that requires no human control. Generally an EA works on the basis of technical tools. I never support EA trading because I saw that an EA fails to give a better outcome in the long run. Besides it ends up crashing you balance after a certain time.
High Leverage
Genel
içinde
Mar 03, 2022 at 04:38
I don’t prefer trading using high leverage because it contains a high degree of risk for a trader. Even though my broker allows me to trade using high leverage, I deny it because I have a very small balance so one mistake can lead to a dire consequence.
Luck is important
Genel
içinde
Mar 03, 2022 at 04:31
There is no point of denying your fate but sitting idle leaving everything on luck is all about foolishness. In your fate, the result of your working is written down. So, you will get what you do indeed. So, without relying on luck, start practicing more and more and hope your luck will be in favor of you.
How to start forex trading? Read These Best Tips!
Genel
içinde
Mar 02, 2022 at 11:20
Forex trading should be started with demo trading because there is no alternative to demo trading for learning forex. First investment should be very small because first investment always remains at stake. You will hardly find a forex trader who was gainer in his first investment and trading.
5 Things I have learned in 5 years of trading!
Genel
içinde
Mar 02, 2022 at 11:14
5 year trading journey is not a small journey and this time passes through several ups and downs. During this period, a person learns how to go ahead in Forex and get the merit of developing a strategy. Personally, I prefer moving average strategy.
5 Things I have learned in 5 years of trading!
Genel
içinde
Mar 02, 2022 at 06:57
Nice to see your progress! But I believe, Learning is a continues process! Traders need to focus on mainly technical & fundamental analysis; having a good trading skill is the main concern here! Without a good trading skill no one can exist here!
High Leverage
Genel
içinde
Mar 02, 2022 at 06:52
When I was a newbie, then I used high trading leverage to make quick money in Forex! As a result, I lost my 1st 5 trading account within the 1st month of live trading! But now I am dealing with small trading leverage; high trading leverage is risky!
Greed, the destruction
Genel
içinde
Feb 25, 2022 at 14:46
I have a solution, basically I have a fixed money management plan , so I don’t take any aggressive trade position right now! Generally it’s not easy to control greed & emotions during the trading time!
How much Important of Leverage for Trading
Genel
içinde
Feb 25, 2022 at 14:41
Well, I am a retail Forex trader, so for me trading leverage is an essential feature to me! But to be frank, I don’t rely on trading leverage! I am using only 100:1 trading leverage; although I have more options as like others trader!
To shine in forex
Genel
içinde
Feb 24, 2022 at 04:35
It’s all about your own trading skill, I don’t think anything like fixed trading strategy is useful in this volatile market; nowadays Forex market is less volatile than before, so you cant make exact same amount right now as like 2013-14 with the similar trading attitude!
Believes.
Genel
içinde
Feb 24, 2022 at 04:32
Frankly, I don’t have anything like mental stop loss in my trading, because stop loss is a sure thing in my trading! I never open any trade position without stop loss trading position, and the size of my stop loss mainly depending on my trading style! When I do scalping I use small stop loss like 12 pips!
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