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Patience is best tool to get success

de Dictiony Apr 19, 2020 at 05:14

Patience is crucial in trading because it allows for better decision-making and the ability to stay calm during market fluctuations. Impulsive actions based on emotions can lead to unnecessary losses.

163 Replies 9,231 Vues

Dernier message de Leonor_Lou2 Feb 28, 2023 at 12:35

Looking for Broker

de dap042s1 Nov 10, 2020 at 03:31

I definitely recommend Interactive Brokers. It is an American company, which is regulated under US Forex laws. Simply known as IBKR, this broker is available in over 30 countries around the world, giving clients access to numerous trading assets.

57 Replies 4,281 Vues

Dernier message de Investfox Feb 20, 2023 at 15:19

Diffrence between real & demo trading

de fxking1 Dec 10, 2013 at 21:24

The main differences between the two are as follows:-Real Account: A real account is a trading account that is used for trading with real money. It involves depositing funds into the account and using them to buy and sell assets in the market. As a result, any profits or losses incurred in a real account are actual and can affect the trader's f...

61 Replies 4,368 Vues

Dernier message de paulajen Feb 17, 2023 at 05:56

Forex correlation

de tostyleun Jan 15, 2023 at 06:30

Thank you so much . Yes i am sticking to the pair i am trading in . It can get a bit uncomfortable when u look at corelated stocks but in time i think i will get used to it.

3 Replies 577 Vues

Dernier message de tostyleun Jan 17, 2023 at 19:54

For Newbie

de Michihito Oct 19, 2020 at 06:50

How do you think how to choose broker ? maybe you have a your list of top5 ? or you have only one broker?

67 Replies 3,936 Vues

Dernier message de vikailjina Jan 12, 2023 at 12:04

LOSE AND PROFIT

de shussainviha1 Jan 06, 2023 at 14:14

ONE COMINT LOSS AND PROFITE 😄

0 Replies 457 Vues

Dernier message de shussainviha1 Jan 06, 2023 at 14:14

How long on a demo account

de chesterjohn Apr 21, 2018 at 12:17

I Demo traded for a year in 2005. Even as a professional account manager, i still connect my Live trades to Demo account and use it to tweak daily, As i can not connect my live accounts managed in public, not only due to the size, But i like just being on lowkey.

198 Replies 11,413 Vues

Dernier message de forex_trader_3132761 Jan 05, 2023 at 11:22

Commission fees spread

de Wagscd Dec 24, 2022 at 06:24

You are welcome :)

7 Replies 733 Vues

Dernier message de Phorbic Dec 30, 2022 at 09:12

How long does it take one to be consistently profitable with forex trading

de MokgadiMafa Apr 21, 2022 at 08:33

Personally I feel that everyone should practise in a demo account until they learn trading skills irrespective of the time it takes. Rushing the process will not be beneficial to you. Proper practice will assist you in honing your skills and getting ready for later trading with real money.

49 Replies 3,589 Vues

Dernier message de jambeau Dec 29, 2022 at 11:45

Greed is poison

de Dictiony Apr 05, 2020 at 01:19

Too much greed can lead to impulsive or risky decisions. Moreover, when traders are driven by greed, you may be more likely to take on excessive risk or to ignore potential warning signs in the market. This can increase the chances of losing money, and can ultimately undermine the long-term success of a trading strategy.

74 Replies 4,640 Vues

Dernier message de binarysumo22 Dec 28, 2022 at 06:29

How often does the market change?

de socks Nov 30, 2015 at 08:11

The market changes very frequently. The knowledge when to change your strategy according to market conditions comes with experience. But I must say to beginners that when you cannot find the right price range or favourable condition for your strategy to make a profit, for at least a maximum of 3 months, it's time to make changes and modify your...

28 Replies 2,387 Vues

Dernier message de Potatory Dec 28, 2022 at 06:21

Day Trading Techniques/Strateges-Beginners Guide.

de forex_trader_1786937 Sep 23, 2020 at 14:48

Hi there! As a newbie, I advise you first learn about the forex market before you start trading. Fundamental analysis means analysing news relating to social, economic, and political fields that can directly or indirectly affect the price movements of the currency pairs. On the other hand, technical analysis means observing a wide range of historic...

22 Replies 1,980 Vues

Dernier message de Potatory Dec 23, 2022 at 09:55

Have a plan and stick to it

de chrish9070 Apr 10, 2016 at 18:42

Yes, it can be challenging at first. But if beginners are determined enough to trade according to their plan and are consistent in their approach, they will profit.

78 Replies 4,418 Vues

Dernier message de Vomitoryy Dec 20, 2022 at 11:42

How long should I start to trade after studying?

de Miki_Bao Aug 20, 2019 at 10:22

Yes I practised in a demo account and every trader should do that too! I believe it is one of the most crucial steps in the trading journey. It helped me strategize my moves, gain experience, and sharpen my trading skills without putting any real money at risk.

76 Replies 4,877 Vues

Dernier message de jambeau Dec 20, 2022 at 10:48

Is demo trading enough before real account?

de lucie_fxtrader Dec 30, 2015 at 14:46

Demo trading is an excellent way to hone your trading knowledge and skills. You can also try out different trading strategies to see which ones work best for you. Definitely, this will prepare you for live trading. However, keep in mind that results on a demo and live trading accounts rarely match. So when entering into live trading, start small.

283 Replies 14,620 Vues

Dernier message de Salsitude Dec 19, 2022 at 11:29

Importance of demo trading

de Mohammadi Oct 17, 2017 at 06:32

Before trading on a live account, trading on a demo account makes a trader learn how to interpret charts and analyse the market. It also helps traders with learning trading psychology and risk management and refining their trading strategy.

128 Replies 7,444 Vues

Dernier message de Vomitoryy Dec 16, 2022 at 09:30

Newbie wannabe Trader

de chachaman Jun 05, 2020 at 01:55

Having technical and fundamental analysis skills are very important for trading the market. Long- term trading depends more on Fundamental approach whereas, short term trading depends more than technical approach.

63 Replies 4,140 Vues

Dernier message de Bransle Dec 12, 2022 at 10:36

how is it for "PropFirm"

de TANVIRMAHMUD Dec 06, 2022 at 11:14

hello, bro can you manage my FTMO ?

7 Replies 655 Vues

Dernier message de RumayatMuqtadir Dec 09, 2022 at 02:44

How many pips a day ?

de walpandree Nov 09, 2018 at 10:47

Every tradershouldrely on multiple strategies at a time to confirm a signal. But traders are hardly fond of it.

117 Replies 7,658 Vues

Dernier message de Akasuki Dec 05, 2022 at 09:38

Time and pracrtice.

de Imamul Mar 08, 2019 at 09:00

The holding time of a trade is directly connected to the trading styles! Swing traders need to hold their trading positions for a while; so it’s not a bad option!

76 Replies 4,708 Vues

Dernier message de Baccasa34 Dec 05, 2022 at 07:59

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Toutes les opinions ou conseils de marché fournis dans les sections communautaires ne sont pas nécessairement les opinions de Myfxbook ou de ses affiliés. Les commentaires et opinions postés sont ceux de traders qui peuvent ou non être expérimentés. Les commentaires ne sont pas examinés ou vérifiés par Myfxbook.com ou ses affiliés. Si vous choisissez de prendre des décisions ou de placer des transactions sur la base de ces commentaires, vous le faites à vos propres risques. Myfxbook et ses affiliés ne sont pas responsables des pertes encourues du fait de lutilisation du contenu fourni.

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