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I'm new to Forex trading and looking for some advice

Theo Lswilliams Dec 19, 2014 at 15:24

I've seen traders who make money in 1 year and I've seen traders who haven't made money in 10 years. Do you understand the reasoning?

55 Replies 4,116 Lượt xem

Bài mới từ Lazard Apr 12, 2023 at 06:21

Is a demo account really neccassary?

Theo James_Bond Aug 05, 2012 at 07:44

yes in demo it is a best place to test your trading strategy ,really supportive

155 Replies 9,426 Lượt xem

Bài mới từ AdomKutler Mar 30, 2023 at 11:42

Books or Videos - Which one is better for learning?

Theo cashonmymind Jan 28, 2021 at 16:49

Personally, I found that learning about forex trading using a combination of books and videos was the most effective method for me. Books gave me a firm knowledge base and helped me thoroughly understand the principles and methods, whereas videos allowed me to see these concepts in action and obtain practical insights from experienced traders. Ulti...

68 Replies 5,106 Lượt xem

Bài mới từ essencejo Mar 30, 2023 at 10:19

Broker Suggestion

Theo SigmaVess Mar 19, 2013 at 21:36

A scalper too, choose an ECN broker Fxview, XM, or Hotforex for low spreads.

78 Replies 5,374 Lượt xem

Bài mới từ Brick_56 Mar 28, 2023 at 12:29

Daily Market Diary

Theo OnyotYecyec Mar 20, 2023 at 04:41

🔵Holding a belief that trading will work in a short period of timeThe Dangers of Trading Too Quickly Believing that Trading Will Work in a Short Amount of TimeTraders who think they can make money in a short amount of time reflect the modern world in which we all live. They think they can make a lot of money quickly if they just trade a lot, even ...

0 Replies 515 Lượt xem

Bài mới từ OnyotYecyec Mar 20, 2023 at 04:41

Money Management

Theo Mohammadi May 07, 2020 at 11:38

Thanks for sharing this info. I will try to follow this.

50 Replies 3,859 Lượt xem

Bài mới từ LeslieRuiz Mar 03, 2023 at 06:24

Patience is best tool to get success

Theo Dictiony Apr 19, 2020 at 05:14

Patience is crucial in trading because it allows for better decision-making and the ability to stay calm during market fluctuations. Impulsive actions based on emotions can lead to unnecessary losses.

163 Replies 10,020 Lượt xem

Bài mới từ Leonor_Lou2 Feb 28, 2023 at 12:35

Looking for Broker

Theo dap042s1 Nov 10, 2020 at 03:31

I definitely recommend Interactive Brokers. It is an American company, which is regulated under US Forex laws. Simply known as IBKR, this broker is available in over 30 countries around the world, giving clients access to numerous trading assets.

57 Replies 4,546 Lượt xem

Bài mới từ Investfox Feb 20, 2023 at 15:19

Diffrence between real & demo trading

Theo fxking1 Dec 10, 2013 at 21:24

The main differences between the two are as follows:-Real Account: A real account is a trading account that is used for trading with real money. It involves depositing funds into the account and using them to buy and sell assets in the market. As a result, any profits or losses incurred in a real account are actual and can affect the trader's f...

61 Replies 4,724 Lượt xem

Bài mới từ paulajen Feb 17, 2023 at 05:56

Forex correlation

Theo tostyleun Jan 15, 2023 at 06:30

Thank you so much . Yes i am sticking to the pair i am trading in . It can get a bit uncomfortable when u look at corelated stocks but in time i think i will get used to it.

3 Replies 605 Lượt xem

Bài mới từ tostyleun Jan 17, 2023 at 19:54

For Newbie

Theo Michihito Oct 19, 2020 at 06:50

How do you think how to choose broker ? maybe you have a your list of top5 ? or you have only one broker?

67 Replies 4,354 Lượt xem

Bài mới từ vikailjina Jan 12, 2023 at 12:04

LOSE AND PROFIT

Theo shussainviha1 Jan 06, 2023 at 14:14

ONE COMINT LOSS AND PROFITE 😄

0 Replies 471 Lượt xem

Bài mới từ shussainviha1 Jan 06, 2023 at 14:14

How long on a demo account

Theo chesterjohn Apr 21, 2018 at 12:17

I Demo traded for a year in 2005. Even as a professional account manager, i still connect my Live trades to Demo account and use it to tweak daily, As i can not connect my live accounts managed in public, not only due to the size, But i like just being on lowkey.

198 Replies 12,251 Lượt xem

Bài mới từ forex_trader_3132761 Jan 05, 2023 at 11:22

Commission fees spread

Theo Wagscd Dec 24, 2022 at 06:24

You are welcome :)

7 Replies 801 Lượt xem

Bài mới từ Phorbic Dec 30, 2022 at 09:12

How long does it take one to be consistently profitable with forex trading

Theo MokgadiMafa Apr 21, 2022 at 08:33

Personally I feel that everyone should practise in a demo account until they learn trading skills irrespective of the time it takes. Rushing the process will not be beneficial to you. Proper practice will assist you in honing your skills and getting ready for later trading with real money.

49 Replies 4,033 Lượt xem

Bài mới từ jambeau Dec 29, 2022 at 11:45

Greed is poison

Theo Dictiony Apr 05, 2020 at 01:19

Too much greed can lead to impulsive or risky decisions. Moreover, when traders are driven by greed, you may be more likely to take on excessive risk or to ignore potential warning signs in the market. This can increase the chances of losing money, and can ultimately undermine the long-term success of a trading strategy.

74 Replies 4,980 Lượt xem

Bài mới từ binarysumo22 Dec 28, 2022 at 06:29

How often does the market change?

Theo socks Nov 30, 2015 at 08:11

The market changes very frequently. The knowledge when to change your strategy according to market conditions comes with experience. But I must say to beginners that when you cannot find the right price range or favourable condition for your strategy to make a profit, for at least a maximum of 3 months, it's time to make changes and modify your...

28 Replies 2,631 Lượt xem

Bài mới từ Potatory Dec 28, 2022 at 06:21

Day Trading Techniques/Strateges-Beginners Guide.

Theo forex_trader_1786937 Sep 23, 2020 at 14:48

Hi there! As a newbie, I advise you first learn about the forex market before you start trading. Fundamental analysis means analysing news relating to social, economic, and political fields that can directly or indirectly affect the price movements of the currency pairs. On the other hand, technical analysis means observing a wide range of historic...

22 Replies 2,178 Lượt xem

Bài mới từ Potatory Dec 23, 2022 at 09:55

Have a plan and stick to it

Theo chrish9070 Apr 10, 2016 at 18:42

Yes, it can be challenging at first. But if beginners are determined enough to trade according to their plan and are consistent in their approach, they will profit.

78 Replies 4,695 Lượt xem

Bài mới từ Vomitoryy Dec 20, 2022 at 11:42

How long should I start to trade after studying?

Theo Miki_Bao Aug 20, 2019 at 10:22

Yes I practised in a demo account and every trader should do that too! I believe it is one of the most crucial steps in the trading journey. It helped me strategize my moves, gain experience, and sharpen my trading skills without putting any real money at risk.

76 Replies 5,319 Lượt xem

Bài mới từ jambeau Dec 20, 2022 at 10:48

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