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New Traders Forum

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newcomers trading habit

By Mohammadi Apr 22, 2020 at 15:07

I think that one of the worst trading habits is trading during consolidation. It’s so easy to lose money when trading during consolidation but many newcomers keep trying. Perhaps, there’s something attractive for them here.

71 Replies 4,420 Views

Last post by TomBrunt Feb 03, 2022 at 14:28

a good trading strategy

By Mohammadi Aug 23, 2019 at 09:15

right now i am trying to be skillful about price action trading strategy , using this effort in a demo account to see the performance how it works.

77 Replies 5,322 Views

Last post by AndrewMcCalam54 Feb 03, 2022 at 07:31

Successful trading

By Imamul Mar 01, 2019 at 13:34

You cannot be successful if you aren't a professional. Trading is not a profession. This means that you have the necessary skills and mindset to trade forex.

93 Replies 6,377 Views

Last post by Akasuki Feb 01, 2022 at 03:35

Beginner's Tips

By FxFTradingGroup Dec 24, 2018 at 15:09

If you're not making money with your own money, don't trade with money from other people. It can lead to double losses.

238 Replies 14,051 Views

Last post by UweMoench Jan 31, 2022 at 18:39

Swap free vs Commission based brokers

By Shawnlittle Jan 09, 2022 at 15:02

Most brokers charge a fee depending on the lot size of the trade, while some brokers do not, but there is markup in the spread.

7 Replies 1,010 Views

Last post by SofieAndreasen Jan 29, 2022 at 21:50

Demo of USD/GBP pair

By Rjengs Jan 29, 2022 at 16:39

Just beginning to get down to trading, I have gone through a couple of demo accounts for the USD/GBP exchange. I have all of the basics like the 2 AM Tuesday mornings time stamp, and the position and lot sizes. Most demo accounts allow you to start above $30k for practice. I discovered that I need the 'limit' order more than the 'stop ...

0 Replies 450 Views

Last post by Rjengs Jan 29, 2022 at 16:39

Mentorship

By AltitudeSIgnals Oct 07, 2020 at 09:08

I don't need a mentor actually. In my opinion, new traders have to explore trading activity on their own without help from the side, however everything depends on the cognitive abilities of each trader. Some traders understand that they digest information better, when it's explained by someone else, while others can easily learn the informa...

15 Replies 1,078 Views

Last post by Morlulune Jan 22, 2022 at 13:25

Forex trading for cash flow..

By camerongill Jun 19, 2017 at 07:36

I believe that forex trading can help lots of peopl to become financially independent, however it may take years of practicing and learning. If you don't have a particular sum of money per month which you can allocate specially for forex trading, then perhaps it will really take too much time for you to gain experience and knowledge. As a rule ...

4 Replies 858 Views

Last post by ArakQW Jan 20, 2022 at 20:41

Notification when there's no open trades?

By forex_trader_1688554 Aug 19, 2020 at 12:02

I think the better option is to get notifications when something interesting happens on the market, for example, high volatility or some assets were sold or bought in huge amounts. In this case traders will be able to evaluate the whole situation and make decisions. No doubts, that there are some platforms and brokers which offer such a function, h...

14 Replies 1,515 Views

Last post by Wrathdragon Jan 13, 2022 at 20:56

Per il trading automatico...

By MFTrading Jan 13, 2022 at 12:18

Faccio girare i miei bot su un portatile ma periodicamente si spegne e si riavvia per aggiornare Windows. Esiste il modo di avere una macchina virtuale su cui far girare i bot senza che la macchina ogni due o tre settimane si riavvii?Oppure esiste un'altra soluzione al problema?Grazie.

1 Replies 517 Views

Last post by MFTrading Jan 13, 2022 at 16:44

Forum Help

By Imamul Oct 11, 2019 at 07:04

Understanding and learning about trading are very important because you can't earn anything without knowledge and experience.

4 Replies 535 Views

Last post by LyudmilLukanov Dec 31, 2021 at 01:39

Day Trading The Currency Market – Technical And Fundamental Strategies To Prof

By eavnmarket Dec 02, 2021 at 03:55

Who is the author of the book?

2 Replies 512 Views

Last post by SofieAndreasen Dec 08, 2021 at 21:31

How long do you test you Manual Strategy before going live?

By CROforce Dec 08, 2015 at 07:38

According to my memory, I tested strategies and tried to trade on demo account for couple of days. When I finally understood that I was ready for live trading, I deposited money to my broker platform and started trading.Everything because I had theoretical base on that moment. So, if you understand that you don't know enough information about t...

30 Replies 2,983 Views

Last post by TomBrunt Dec 04, 2021 at 15:32

To Demo or not to Demo

By street_pips May 11, 2021 at 20:15

Take money out of the equation for a moment (although you should treat a demo like it's real money in my opinion). What basis do you have the the strategy you have has an edge if you haven't tested in demo? It is a vital part of the process and skipping it only sells you short. There are no shortcuts.

35 Replies 2,111 Views

Last post by sebking1986 Dec 02, 2021 at 10:32

Which broker you can trust & run EA

By Prv88 Mar 27, 2020 at 06:25

In general, try to get a broker that is under UK and Australian regulations. Since I'm Canadian, I put my EAs with brokers that are CIPF insured (https://www.cipf.ca/member-directory/current-cipf-members).

35 Replies 2,869 Views

Last post by cgasucks Nov 24, 2021 at 13:45

Understanding Market Orders

By Craden20 Aug 30, 2015 at 14:25

Market orders are orders that are executed immediately when the desired price is met. A market order is just like it sounds, you put in your bid and an asking price, and the system acts as soon as it can to fill that trade at a most favorable rate. Most commonly, they are used for short term moves in a currency pair. Understanding how market orders...

5 Replies 976 Views

Last post by miguelcaron Nov 24, 2021 at 04:41

How to check Max drawdown of an account?

By abdullah7557 Nov 23, 2021 at 11:34

You are right many thanks dear!

4 Replies 1,021 Views

Last post by abdullah7557 Nov 23, 2021 at 12:37

What do you wish to achieve through forex?

By trendfollowers Feb 19, 2016 at 16:52

I have a strange desire to be the best of the best. I try to do it in very activity even if I can't do something. So, my answer on this question is pretty simple. I just strive to be the best in trading activity. I know that it's impossible and there are no such catgories in trading, like the best traders, because everything is measured in ...

231 Replies 11,404 Views

Last post by Zolom Nov 19, 2021 at 14:35

How to Successful Forex Trading Mindset?

By tts_markets Jul 30, 2020 at 12:15

Traders can make up their mindset to do the best they can in forex trading. It's a challenge, but they can achieve it if they still think they have a chance to win and have the discipline to follow their rules. A positive attitude also helps them to have an appetite for winning in forex trading.

46 Replies 3,203 Views

Last post by miguelcaron Nov 17, 2021 at 05:53

Trend Definition

By forex_trader_294488 Jan 19, 2016 at 07:41

A trend is a long-term tendency for prices to move in a certain way. Long-term, short-term, upward, downward, and even sideways trends are all possible. The investor's ability to spot trends and position themselves for profitable entry and exit points is critical to their success in the FX market.

9 Replies 694 Views

Last post by AliForexTalks Nov 13, 2021 at 16:20

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