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forex or crypto
Tham gia từ Mar 16, 2023
28bài viết
Sep 17, 2023 at 12:51
Tham gia từ Mar 16, 2023
28bài viết
Ollie33 posted:Thanks for sharing your insights on crypto trading! 📈🌐 It's fascinating to see the contrast with classic forex trading. I'm curious, what do you think could bridge the gap in educational resources for crypto trading? Any tips for someone looking to start in this dynamic field?
The crypto trading is more about global trends and I suppose short term trading in crypto is not so popular as classic forex pairs trading. Most of crypto market traders are long term holders or huge funds holders (institutional). Forex trading has more developed educative background and you it's easier to find some advice. However crypto trading is constantly and rapidly improving, new instruments are developing and new trades are increasing it's liquidity. I'm not good crypto analyst, and probably my opinion will be superficial for you.
Tham gia từ Sep 17, 2023
3bài viết
Tham gia từ Aug 19, 2021
228bài viết
Sep 20, 2023 at 13:48
Tham gia từ Aug 19, 2021
228bài viết
Oh sure. Without basic skills + lack of experience will give a 100% negative result. The ability to correctly assess your abilities will save you from big losses. Lol.
Tham gia từ Sep 23, 2023
1bài viết
Sep 23, 2023 at 16:01
Tham gia từ Sep 23, 2023
1bài viết
Forex Trading is best, better than crypto. As in Forex market have more currency pairs. Forex currency have unique value , its depend on country based economic situation.
To start Forex trading, We need learn more & more. One side Forex trading is Easy , other side is difficult. If you have no proper Forex fundamental knowledge & trading strategy. For new trader we learn must be:
About Forex Market Trading
-What Is Forex Trading?
-How do I buy and sell dollars or other currencies?
Section 2: --
-What is Currency Fair in the Forex Market?
-What are PIPS and Pipettes in the Forex Market?
-What's Spread, Stop Loss, and Take Profit?
-What is leverage/margin loan in the forex market?
Section 3: ---
-How To Profit/Loss in Forex Market?
-Which Major Currency Pairs List in the Forex Market?
-How to Read Forex Quotations?
-How to Work Long/Short and Bid/Ask Terms in the Forex Market?
Section 4:---
-What is Forex Analysis?
-Types of Forex Analysis?
Section 5: ----
-What is a Forex Indicator?
-Types of Forex Indicators
Section 6: -----
-Real Trading: What to Do Before Real Trading?
-Why Lose Money in the Forex Market Trading?
-Trading Example: Using a Simple and Effective Winning Trading Strategy
Personally, The new trader loss money, I think that lack of trading strategy, Trading time of the day & there are no Forex trading money management ideas. I suggest to new trader
To start real Forex trading before you need practice minimum 1-month in demo account.
Best of luck everybody for their Forex Journey.
To start Forex trading, We need learn more & more. One side Forex trading is Easy , other side is difficult. If you have no proper Forex fundamental knowledge & trading strategy. For new trader we learn must be:
About Forex Market Trading
-What Is Forex Trading?
-How do I buy and sell dollars or other currencies?
Section 2: --
-What is Currency Fair in the Forex Market?
-What are PIPS and Pipettes in the Forex Market?
-What's Spread, Stop Loss, and Take Profit?
-What is leverage/margin loan in the forex market?
Section 3: ---
-How To Profit/Loss in Forex Market?
-Which Major Currency Pairs List in the Forex Market?
-How to Read Forex Quotations?
-How to Work Long/Short and Bid/Ask Terms in the Forex Market?
Section 4:---
-What is Forex Analysis?
-Types of Forex Analysis?
Section 5: ----
-What is a Forex Indicator?
-Types of Forex Indicators
Section 6: -----
-Real Trading: What to Do Before Real Trading?
-Why Lose Money in the Forex Market Trading?
-Trading Example: Using a Simple and Effective Winning Trading Strategy
Personally, The new trader loss money, I think that lack of trading strategy, Trading time of the day & there are no Forex trading money management ideas. I suggest to new trader
To start real Forex trading before you need practice minimum 1-month in demo account.
Best of luck everybody for their Forex Journey.
Sep 24, 2023 at 20:39
Tham gia từ Aug 30, 2023
3bài viết
Ollie33 posted:Do you know why this happened?
The crypto trading is more about global trends and I suppose short term trading in crypto is not so popular as classic forex pairs trading. Most of crypto market traders are long term holders or huge funds holders (institutional). Forex trading has more developed educative background and you it's easier to find some advice. However crypto trading is constantly and rapidly improving, new instruments are developing and new trades are increasing it's liquidity. I'm not good crypto analyst, and probably my opinion will be superficial for you.
Tham gia từ Mar 14, 2019
11bài viết
Sep 25, 2023 at 13:28
Tham gia từ Mar 14, 2019
11bài viết
Crypto strategy is buy and hold. In theory it is an appreciating asset due to reduced supply. Spreads are too large for short term trading. FX trading has much lower spreads and currencies price movement is typically range bound so shorter term long and short strategies can be used
Tham gia từ Aug 19, 2021
228bài viết
Sep 25, 2023 at 18:33
Tham gia từ Aug 19, 2021
228bài viết
Oh really. Crypto requires long-term investments, which are not guaranteed to pay off. Now I understand what you mean.
Tham gia từ Feb 18, 2019
11bài viết
Sep 27, 2023 at 10:07
Tham gia từ Feb 18, 2019
11bài viết
FX requires a lot more analysis and work than crypto. With crypto, I can just Buy and hope the price doubles. FX price will never double
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