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Pros and Challenges of Trading Forex

de forex_trader_1786937 Sep 25, 2020 at 01:58

People come into forex to make money easily. Forex may seem easy but to earn money you need knowledge and skills. Most people are unwilling to study. They run for ready-made strategy and never settle down. They don't know what they are doing.

28 Replies 1,458 Vues

Dernier message de UweMoench Nov 26, 2020 at 14:39

Is the rising Swap cost eating your trades for breakfast?

de Raging_Bull_FX Feb 11, 2020 at 07:51

Don’t let your emotions come your way while you are trading. Try to keep them at the door and make decisions properly.

9 Replies 1,014 Vues

Dernier message de Mitchelmarss Nov 26, 2020 at 07:40

Trading using community outlook

de highntightjeanz Aug 18, 2017 at 10:36

When you interact with traders and discuss your trades, you get an expert viewpoint. You become a better trader by learning what you are doing wrong.

16 Replies 3,120 Vues

Dernier message de Mitchelsantner Nov 26, 2020 at 07:29

ASIC regulation

de MattKoola Nov 28, 2019 at 12:12

Since January 2020 ASIC/AFC regulated brokers are NOT allowed to onboard foreign clients anymore. Such brokers need to give you an account in your regulated territory then (like ESMA/Cysec for the whole EU, CTFC/NFA for USA, IFSC for offshore, FCA for UK, or similar).

8 Replies 930 Vues

Dernier message de marco_mmbiz Nov 25, 2020 at 10:00

Pro Trader in Austria?

de schocking Mar 09, 2020 at 07:57

Normal gibt es ja eigentlich genug Seiten bzgl. dt. Steuerrecht etc. im Internet. Keine Ahnung, wie das für Österreich aussieht; aber für Deutschland gibt es z.B. online mehr als genug Infos für Menschen, die Kapitalerträge erwirtschaften. Aber ja, falls man nix brauchbares findet, einfach mal zum Steuerfachanwalt/-berater ...

10 Replies 697 Vues

Dernier message de marco_mmbiz Nov 25, 2020 at 09:51

care free mindset(proper risk)

de AspiringTraders Sep 14, 2020 at 21:55

You are so correct. It is too imporatnt, but sadly very few are serious about it.

12 Replies 779 Vues

Dernier message de Joz8 Nov 25, 2020 at 09:27

Broker suggestion for EU traders

de radioactive Oct 27, 2020 at 12:50

Regulations, trading conditions, support matter the most. You may check fxview, ic markets, tickmill, these are best options out there and accept EU clients.

12 Replies 957 Vues

Dernier message de Evelyn55 Nov 24, 2020 at 12:08

Useful software for market analysis?

de Evelpist Sep 28, 2020 at 12:13

It is impossible to create a completely autonomous Expert Advisor that will work offline without human intervention. (today, and with our technologies.) But active development in this area has been underway for many years. As soon as a truly real artificial intelligence appears, then there will be a breakthrough in this area.

9 Replies 1,393 Vues

Dernier message de Gabriele000001 Nov 24, 2020 at 10:02

Trade few pairs

de UweMoench Nov 06, 2020 at 13:06

From the provided more than 250 sets of financial instruments, the broker Amarkets, you can choose exactly those that you like the most and with which you can successfully trade

11 Replies 742 Vues

Dernier message de Bunaya Nov 23, 2020 at 06:42

have anyone experiance with this VPS Hoster ? called W2 Cloud

de braddock Mar 22, 2016 at 17:45

Yes, that’s right. Any VPS would only do its job. It doesn’t matter for what purpose you think it's suitable for you.

15 Replies 1,081 Vues

Dernier message de Rogerwood465 Nov 23, 2020 at 05:05

Common Quality

de Michihito Nov 20, 2020 at 05:24

I also agree. Discipline, hard work and patience are most essential facts which most traders lack in trading.

2 Replies 381 Vues

Dernier message de SofieAndreasen Nov 22, 2020 at 17:29

volatility because of oil price

de ggForexTesting Apr 21, 2020 at 15:30

This market is always volatile. So, you have to take the decisions very wisely.

24 Replies 1,788 Vues

Dernier message de EbonyJones Nov 21, 2020 at 19:48

Following other's trade ideas

de UweMoench Sep 19, 2020 at 13:51

For different people, trading comes differently. It is up to you what your financial goals are and trade accordingly.

15 Replies 1,002 Vues

Dernier message de Martingupttil Nov 20, 2020 at 06:43

losses and fear.

de Roberto21 Jun 03, 2020 at 05:57

The Forex market is a very volatile market, it deals with a high volume of transactions hence the fear of losses will definitely exist. But if you can control your emotions, you can surely minimize loss and make profit. Try to use an expert advisor to prevent losses. Don’t use too much leverage initially. Although a bit of fear is good as it ...

46 Replies 2,627 Vues

Dernier message de ele020 Nov 20, 2020 at 04:45

Forex trading requires

de UweMoench Nov 19, 2020 at 12:00

Yes, you are right, it takes a lot of patience to learn to trade. It is never possible to make a trading profit without patience. Skills can be developed through a lot of practice.

1 Replies 305 Vues

Dernier message de LeviSievwright5 Nov 20, 2020 at 00:49

Psychology plays a big part

de UweMoench Nov 19, 2020 at 12:00

Trading profit cannot be made if trading psychology is not managed properly. It is never possible to profit consistently from trading if you have emotions. So every trader should have psychological control.

2 Replies 211 Vues

Dernier message de AliaDare Nov 20, 2020 at 00:20

Brokers with Servers in NY or LD

de baschi Mar 31, 2017 at 10:19

I don’t think there is any effect of location of the servers on the results because of the current development of data transfer technology.

10 Replies 1,153 Vues

Dernier message de Charlessmith Nov 19, 2020 at 05:56

Strategy is very important but

de UweMoench Oct 08, 2020 at 12:52

Without a sound trading strategy/plan, one can not win in the forex.

12 Replies 889 Vues

Dernier message de Gabriel99 Nov 18, 2020 at 12:25

4-digit quote broker

de okpinoy Jan 18, 2017 at 08:07

A broker will surely be of a lot of help in order to facilitate your trading. Make sure you use a reliable one.

17 Replies 1,308 Vues

Dernier message de Mitchelsantner Nov 18, 2020 at 06:10

To make profit

de UweMoench Nov 17, 2020 at 12:21

To make profit you require an expert mentality and aptitudes. Without abilities steady profit isn't conceivable. Most traders overlook this basic thing. They keep running for procedure without making themselves proficient.

0 Replies 225 Vues

Dernier message de UweMoench Nov 17, 2020 at 12:21

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