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ema123
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VPS
在
新手交易员
中
Mar 09, 2017 at 13:29
agreed! In my view also VPS is more reliable in terms of execution speed and security than the home server but it is an expensive service
Best pairs to start? newbie here...
在
新手交易员
中
Mar 09, 2017 at 13:28
thanks @mlawson71 . GBP/USD is one good pair to trade.
How do you keep up to date with trading news/ events/ opinions?
在
新手交易员
中
Mar 08, 2017 at 08:24
Economic calendar is one quick source to remain up to date on economic news and events but to have a quick overview I also go through Bloomberg, market watch, the street and trading economics.
Reduce your trading risk!
在
一般
中
Mar 07, 2017 at 08:15
Risk should always be managed and losses should always be minimized. One way to manage risk is to know when to ext from a trade if the market is moving against you and you feel higher risk than initially when you entered the trade. Of course you can always reenter the trade but foremost thing for a trader is to manage his risk.
What is a pip?
在
一般
中
Mar 02, 2017 at 08:15
Pips or point in percentage is the standardized unit of measurement to explain the change in value between two currencies. Pip is the smallest change an exchange rate can make. This uniform unit helps to protect investors’ from heavy losses. For most of the major currencies the value of pip is given by the 4th decimal place of the quotation. For example for EUR/USD, if the value moves from 1.1151 to 1.1152 then that 0.0001 rise in USD relative to Euro is “1 PIP”. But yen based currencies are exceptions and are displayed to only two decimal places. Example: if USD/JPY moves fr...
How to build a good trading strategy?
在
一般
中
Feb 09, 2017 at 12:35
True that!A good forex strategy if followed properly can help you survive and progress in the forex market and introduce consistency in your trading. A well build trading strategy can help you access the current market opportunities and monitor your trades easily. Building a good strategy demands requires set of skills and lot of discipline.
DEMO ACCOUNT vs LIVE ACCOUNT
在
新手交易员
中
Feb 08, 2017 at 13:08
true that! demo account proves to be a good tool for learning more about trading and building some confidence in the newbies.
EUR/USD
在
新手交易员
中
Feb 08, 2017 at 10:55
Euro is extending its decline on political risks as anti populist candidates in French and German elections are posing threats of EU disintegration. Euro is testing its major support level of 1.0620, followed by 1.0600. If this level is broken, we could see a sustainable decline in euro.
DEMO ACCOUNT vs LIVE ACCOUNT
在
新手交易员
中
Feb 07, 2017 at 11:05
Yaa even you are right. Demo trading has its own loopholes. Sometimes the trader is unable to perform effectively with the live account and gets emotional when it comes to real money. This factor is missing in demo environment. But it helped me to at least learn more about trading. So I suggest it to use as a tool but i agree one should not completely rely on demo account.
Best pairs to start? newbie here...
在
新手交易员
中
Feb 06, 2017 at 12:57
It all depends upon the trading style that one wants to adopt. If you are interested in range bound markets and want to get involved in scalping then you can look in to the currency pair like EURUSD, this currency pair is very stable and range bound and you wouldn’t be at bigger risk if trend goes against you. Good to start with!However, if you want to trade in currency pairs which have the potentials to generate a good amount of profits then you should be looking for the volatile currency pairs like GBUSD, GBPJPY & NZDUSD. These currency pairs are more volatile as compared to ot...
DEMO ACCOUNT vs LIVE ACCOUNT
在
新手交易员
中
Feb 03, 2017 at 08:37
As a newbie trader, I have always liked the concept of demo trading before going live. Most of the brokers offer same quotes, spreads and trading conditions on both demo and live accounts. At least demo trading allows you to sharpen your trading skills, test your strategies and learns from the virtual losses. Go live once you have started earning profits consecutively in demo trading. As a new trader, all you are looking to do is learn to trade profitably and the bigger prize will follow.
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