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billysnyder
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billysnyder
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Can forex trading make you rich ?
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一般
中
Aug 05, 2022 at 07:00
Yes, if you have a good understanding of the market and forex trading, you can make a lot of money. Forex trading is undeniably profitable, and you can make a lot of money based on your knowledge and expertise.
What is the importance of knowledge?
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Aug 05, 2022 at 07:00
Knowledge is an important and necessary component of becoming a successful trader. It will be difficult to survive without knowledge, and you will be unable to make any money in the market.
Need A Broker for trading crude and brent oil?
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新手交易员
中
Aug 03, 2022 at 10:58
You can give turnkey forex or sagefx a try. Both allow crude and brent oil trading, and their spreads & commission are also on the lower side.
Trading for the long-term
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Aug 02, 2022 at 06:54
Long-term trading requires good experience and learning. It is also a game of patience. Therefore, long-term strategies should be considered only by those who are comfortable being patient for long periods of time.
To shine in forex
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中
Aug 02, 2022 at 06:54
We have to believe in the hard work that we do and move ahead. We have to believe in ourselves to get ahead in our game of forex. This will only work if we learn enough and maintain our correct attitude while trading in the market.
Consistency is the brick
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一般
中
Aug 01, 2022 at 05:35
One of the biggest reasons for failure of traders is the lack of consistency in trading. Consistency ensures that a trader follows the right path and strategy to move forward.
90% are loser ..why ?
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新手交易员
中
Jul 29, 2022 at 08:04
Money and risk management are so important in the forex market. The reason why 90 per cent of the traders fail is because of the lack of these two in most cases. Hopefully, the internet might help these people learn how to manage their money and risks.
5 Things I have learned in 5 years of trading!
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Jul 15, 2022 at 04:16
5 things that I learned from my experience in the forex market are 1. Take your time to learn and do not rush.2. Risk management is the real strategy. 3. You can never beat the forex market so just respect the trend. 4. Trading psychology is a concept that every forex trader should learn about. 5. Patience is essential to survive in the forex market.
Demo Trading Advantages
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Jul 15, 2022 at 04:15
Demo trading in forex is an opportunity to learn and refine your skills before going live. Beginners should practise on a demo account for at least 3-4 months to gain enough knowledge. But they have to adopt a serious and professional approach even while demo trading in order to prepare themselves for real trading.
Good broker is needed
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一般
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Jul 13, 2022 at 11:39
Hey, you can try turnkey forex or cedar fx. Both have a minimum deposit requirement of $10 and trading conditions are also good.
How often does the market change?
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新手交易员
中
Jul 06, 2022 at 05:34
The forex market is always volatile and changes happen often. You just have to know the ongoing and upcoming trends in connection with the currency pairs you trade with. I just trade based on what I see in the charts and then revise my strategy as and when required.
Want to Learn More!!
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新手交易员
中
Jul 05, 2022 at 05:52
Practising on a demo account is the best way to learn and practice. You can go live with a small account once you feel confident. Your skills will improve only when you gain experience in the forex market with a live account.
Is Forex risky?
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Jul 05, 2022 at 05:51
Forex was risky, is risky and will remain risky forever. No amount of power or glory, or prayer will make it risk-free. Only those who survive know how to sail in the sea of forex full of tides and waves. Understand the market as much as you can to mitigate the risk, that’s the only way to keep moving in this highly 29244competitive market.
You need sound mind
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Jul 05, 2022 at 05:50
No doubt, trading without a sound mind is a recipe for disaster. When traders forget to use their mind in the right way while trading, they get to pay for it in the form of money that they lose, never to be recovered again.
Is trading hard?
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Jun 30, 2022 at 07:19
Fx trading does test your limits. Stay true to your plan and maintain discipline with good risk management.
How long does it take one to be consistently profitable with forex trading
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新手交易员
中
Jun 30, 2022 at 07:16
It takes a while to understand market conditions, but once you do then there is nothing that can come in the way between you reaching that goal and increasing expectations. It can take up to a year, even to get accustomed to the basics.
The dark side of forex markets
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新手交易员
中
Jun 16, 2022 at 05:11
Very well put. To be a trader, first you need to master how to handle and minimise risk.
Is a demo account really neccassary?
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新手交易员
中
Jun 16, 2022 at 05:10
It depends but I personally think that a demo account is necessary as it gives you the experience and overall view of the market without you losing as much as a cent.
Broker
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Jun 14, 2022 at 11:17
I considered 4 factors, low minimum requirements, tight spreads, low commissions and timely withdrawals to choose my broker. Currently trading with lmfx, turnkey forex and trader's way, going good so far.
lost
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新手交易员
中
Jun 03, 2022 at 05:34
First of all, don't give up. You have to be disciplined and stop when your trading system isn't working. If you're not disciplined, you'll keep losing. But don't think that you can win all the time. The best traders lose about 50% of the time. Also, don't make the mistake of trading too big. Trade ten percent of your account size and keep your bets small. Most people want to bet big and win big, but it doesn't work that way. You have to bet small and win small along the way. If you keep doing this, you'll make money over the long run.
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