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Don't watch market all the time
trong
Thông tin chung
Apr 06, 2021 at 07:52
Yes, you should take proper rest, how someone can watch market 24*5, you will get tired easily. From the beginning try to develop good strategies, also take some time away from trading, rest your mind so that you can come stronger.
Both fundamental and technical
trong
Thông tin chung
Apr 06, 2021 at 07:51
Yes I have also realised that the effect of fundamental factors is seen in long term whereas for short term trading we have to rely on technical analysis, although knowledge of both fundamental and technical analysis is needed for trading.
Indicators are reliable but
trong
Thông tin chung
Apr 05, 2021 at 07:17
Yes indicators are reliable, first you need to know about all the indicators you want to use, you can combine 2-3 indicators according to your strategy.
When loss occurs
trong
Thông tin chung
Apr 05, 2021 at 07:16
Loss and profit are part of trading, you can’t go ahead without having losses in trading. Have a positive attitude, wait for the correct opportunity and then trade again.
Best Platform
trong
Nhà giao dịch mới
Mar 26, 2021 at 07:04
I prefer MT4 and MT5, they are universal platforms, easy to use and don’t restrict any trading styles.
Need to know the truth
trong
Nhà giao dịch mới
Mar 26, 2021 at 07:03
What is the commission structure and what leverage they are offering?
No system works all the time
trong
Thông tin chung
Mar 25, 2021 at 08:28
System is not the appropriate word but if you are pointing towards strategies then yes strategies need to be changed, according to market volatility.
Regulated broker vs. Unregulated broker
trong
Nhà giao dịch mới
Mar 24, 2021 at 08:19
Go for the regulated one, your money and personal data will be secured always.
HEAD AND SHOULDERS
trong
Thông tin chung
Mar 24, 2021 at 08:19
A head and shoulders pattern describes a specific chart formation that helps to predict a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. You can learn more about it online.
Scalping is good
trong
Thông tin chung
Mar 24, 2021 at 08:17
I believe scalping strategy is a great technique for beginners to apply. It involves opening a position, gaining some pips and then closing the position shortly afterwards. It's also one of the easiest to master.
Is forex is best source of income?
trong
Nhà giao dịch mới
Mar 23, 2021 at 08:48
Forex can be a good source of income but it can’t be a permanent source of income because the market is very volatile and it may happen that your analysis goes wrong and you may have heavy losses too.
Books or Videos - Which one is better for learning?
trong
Nhà giao dịch mới
Mar 23, 2021 at 08:47
I think videos are more good, because listening to something makes more impact than reading.Although it depends person to person also some can prefer watching videos and others can like reading books.
The beauty of forex trading
trong
Thông tin chung
Mar 23, 2021 at 08:47
Yes obviously it is easy to trade, you are not restricted to a place or within a time period still trading is not that easy which we initially think. To become an experienced trader you need to learn a lot of things and you have to on a regular basis.
Forex trading is a work for professional
trong
Nhà giao dịch mới
Mar 21, 2021 at 17:22
Yes off course it requires knowledge and skills but it is not only meant for professionals only. A new bie can also learn it and make a good profit although it will be difficult for them in the beginning.
Most traders are impatient
trong
Thông tin chung
Mar 21, 2021 at 17:19
Yes most of the new traders are impatient, most of them are new beginners and come here in order to make instant profit only, only few are there who want to learn.
Leverage
trong
Thông tin chung
Mar 19, 2021 at 08:53
1:30 is the safest leverage if you don’t want to risk so much. Although it also depends on instruments which you are trading.
Luck or Hard Work?
trong
Nhà giao dịch mới
Mar 18, 2021 at 08:09
The Forex market is not gambling. When you gamble you need luck but when you trade forex you have to do a lot of hard work. You can not just trade on the basis of your luck only.
Over-trading is a very harmful
trong
Thông tin chung
Mar 18, 2021 at 08:09
Yes, over-trading is very harmful. It is like putting more and more salt into already salted food.It can even blow your account.
Fear is the greatest reason
trong
Thông tin chung
Mar 17, 2021 at 08:42
Trading is not possible without risk, and when you risk something, you fear to lose it. But at the same time with fear you can not trade so try to avoid emotion while trading. Just remember profit and loss is a part of trading only.
In trading consistency is important
trong
Thông tin chung
Mar 17, 2021 at 08:41
Consistently, yes. But being consistent does not mean that every trade is a winning trade. Develop a strict daily trading routine to develop positive trading habits and keep your account in profits.
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