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Trading in lower timeframes
Genel
içinde
Aug 19, 2021 at 11:23
Agreed. Also I think 1H is the best optimal to get the result. Sometimes 3 mins can be good too.
Best Platform
Yeni Traderlar
içinde
Aug 19, 2021 at 11:22
MT4 and MT5 are both great, tho I found ActTrader from my broker finprotrading quite interesting
I think every successful trader
Genel
içinde
Aug 19, 2021 at 11:19
Very true. We all start from nothing and because of our hard work and determination to be better, we made something for ourselves.
Trading is all about your comfort
Genel
içinde
Aug 19, 2021 at 11:18
Relaxed is the best trait to be when you are trading else you will have to struggle with trading if you are in unpleasant environment.
Regulated broker vs. Unregulated broker
Yeni Traderlar
içinde
Aug 17, 2021 at 11:54
I agree, best to run along till the broker is playing nice. I remember finprotrading before its merger with coinexx, they were so good. And now that they are back I couldn't resist going back. Thou, I agree it is always best to play safe. Keep on sharing the valuable knowledge bud! Would be of great help.
Discipline is the most basic thing
Genel
içinde
Aug 15, 2021 at 17:00
Forex trading demands a certain level of discipline. To develop discipline:1 Set a clear-cut goal.2 Direct your attention to what needs to be done.3 After that, start monitoring your progress.
Regulated broker vs. Unregulated broker
Yeni Traderlar
içinde
Aug 15, 2021 at 16:52
Honestly, when it came to choosing a broker for myself in the past, i also contemplated a lot if i should go for a regulated or non regulated broker, tbh it depends on what you are looking for. I went with finprotrading, because of the high leverage and deposit bonus. Likewise people go with regulated ones for security. It just depends on which conditions you like to trade with. Simple.
Forex is Hobby ?
Genel
içinde
Aug 09, 2021 at 07:04
For some it's a hobby, for some it's a part-time job and for others, it's their bread and butter.
Which Broker to choose for US resident?
Deneyimli Traderlar
içinde
Jun 21, 2021 at 09:22
Exactly. I believe good trading conditions are what matters the most in forex trading.
My Favourite pairs
Deneyimli Traderlar
içinde
Jun 21, 2021 at 09:13
I love EUR/USD because of it is most active pair in the forex market. I can trade with this trading pair confidently. Sometimes I also trade some exotic pairs, when I find a good opportunity.
Risky business
Genel
içinde
Jun 19, 2021 at 08:08
If you made some profit, you’d never call that risky. But if you lost it on the other hand, then it is definitely risky.
About news trading
Genel
içinde
Jun 19, 2021 at 08:00
Trading on the basis of any news announcement is generally not a good idea. Spreads go crazy, jumping up to as much as 20 pips. Just be aware of what is happening but instead of refreshing your newsfeed all day, look for patterns and real strategies.
There are lot of common mistakes
Genel
içinde
Jun 19, 2021 at 07:54
The biggest common mistake, in my opinion, is not maintaining trade journal. If you'll not review your trades, then how can you learn from your losses?
To be a successful trader
Genel
içinde
Jun 19, 2021 at 07:51
Keep learning & practising and try to become better each day.
When loss occurs
Genel
içinde
Jun 18, 2021 at 08:44
Losses are part of forex trading. So, just accept those losses, learn from them and never repeat the same mistakes again.
Purpose of demo trading
Genel
içinde
Jun 18, 2021 at 08:42
Agreed buddy! Along with this, only live trading teaches us how to control our emotions while trading.
Most traders don't get success
Genel
içinde
Jun 18, 2021 at 08:26
Most traders start live trading with minimal education and hope that luck will multiply their initial amount.
Forex is a decent business
Genel
içinde
Jun 15, 2021 at 09:32
Yeah right buddy! I also do the same.
How long it takes to learn
Genel
içinde
Jun 15, 2021 at 09:31
I think, it varies from person to person. Some are slow learners while some are fast learners.
In trading consistency is important
Genel
içinde
Jun 15, 2021 at 09:29
Exactly! The most difficult things are the ones most worth doing.
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