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Forex market offers great opportunity
在
一般
中
Oct 01, 2021 at 09:47
@marindateal Yes forex is the largest financial market and open 24/5 for online trading. That what makes it more risky for unskilled people.
Leverage is among the things
在
一般
中
Sep 30, 2021 at 15:43
@Tradextol Yes leverage can cause a huge loss but leverage is also needed at the same time if you have small capital. To open a .01 lot trade, we need 1000$. So without leverage it's difficult to trade.
Tips To Being A Successful Trader
在
新手交易员
中
Sep 30, 2021 at 05:20
Skills and experience is very important for forex trading. Without being skilled it's not possible to survive in the market.
am i doing this right?
在
新手交易员
中
Sep 30, 2021 at 05:18
@RobSchiz yes there is no alternative to learning. It's a continuous process. It never ends as market keep changing over time.
20 trades to become millionare - is it possible?
在
新手交易员
中
Sep 27, 2021 at 13:49
It depends on how much capital you have and how skilled you are. The greatest single trade in history occurred in the early 1990s when George Soros shorted the British Pound, making over $1 billion on the trade. Now you know.
For new trader, finding a regulated broker is VERY important.
在
新手交易员
中
Sep 27, 2021 at 12:41
For any trader, a good regulated broker is important. You can not put your money into an unregulated broker. Your money can be frozen by without any problems.
Best Broker for a Newbie
在
新手交易员
中
Sep 27, 2021 at 12:36
To me MT4 is the easiest platform to navigate and trading. May be I am used to it, that's why I find it comfortable compared to MT5 or cTrader.
How true is High leverage = High risk?
在
新手交易员
中
Sep 27, 2021 at 12:34
Of course high leverage means high risk. But even with high leverage you can manage your risk by following strict risk management system.
The fear of losing opportunity
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一般
中
Sep 22, 2021 at 13:50
@owlkitten Yes opportunity always comes in the market. We have to remove the fear. It needs enough patience in the market. Don't let your emotions drive you.
Forex game is not business
在
一般
中
Sep 22, 2021 at 13:47
Forex is not a game. It's a serious business for serious people. It requires a deep understanding of the forex market to make regular money.
Over-trading is a very harmful
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一般
中
Sep 17, 2021 at 12:40
@marcusobrien Over trading is a serious problem in forex trading. People becomes habitual to it. As a result, they can not get rig of this habit.
Scalping is good
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一般
中
Sep 17, 2021 at 12:36
@marcusobrien Yes every strategy has its weakness and strength. But to me, new traders should not go for scalping as it leads them to overtrading habit.
lost
在
新手交易员
中
Sep 06, 2021 at 10:01
To minimize loss there should be some rules that need to be followed. That's why discipline is very important. Discipline is the only common thing among all the successful traders.
How long do you test you Manual Strategy before going live?
在
新手交易员
中
Sep 06, 2021 at 09:59
@LyudmilLukanov yes testing strategy is very important. Without testing any strategy we can try it on live account. But unfortunately many people do it.
Which trade to enter when there's more than one opportunity at the same time?
在
新手交易员
中
Sep 06, 2021 at 09:57
You or shouldn't take all the trading opportunities at the same time. You have to take decision which one to enter..By entering too many trades, you are risking more money.
Money management using margin level??
在
新手交易员
中
Sep 06, 2021 at 09:49
Money management is the integral part of forex trading. You have to do it. Do not use more than 2% of your capital to open trade.
How can we find a reliable platform?
在
新手交易员
中
Sep 06, 2021 at 09:46
Choosing a good broker is very important. With bad broker you can face many problems. So before choosing a broker, do some research on it.
What is Forex Trader Basic Framework?
在
新手交易员
中
Sep 06, 2021 at 09:45
Getting knowledge and skills are the key. No one has even been successful without knowledge and skills. If by chance he wins a big profit, he will lose it later.
Tips To Being A Successful Trader
在
新手交易员
中
Sep 06, 2021 at 07:17
Along with good knowledge and skills we also need a sound mindset. It's the trading psychology that makes the difference between successful and failure.
Avoid predicting the markets, Rather be reactive.
在
新手交易员
中
Sep 06, 2021 at 07:15
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.
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