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Posts by
Staran
FXlift
in
Brokers
Nov 25, 2023 at 20:35
A sizable leverage on there. The MT4 might be an OG but the broker needs to have some more trading platforms available. However, the entire experience has been a good one. Trading is as usual, but I have a lot more tools and features to assist me.
Don’t Let Your Emotions Dictate Your Forex Trading
in
New Traders
Feb 05, 2022 at 12:11
I think that emotions are our number one enemy in trading. They can spoil everything. It’s evident even on a demo account. I initially intended to start trading real money but at the last moment something stopped and get back to my demo account. I still trade on a demo account but I try to make as realistic as possible. I set my mindset accordingly, try to buy or sell from certain levels only and never open trades randomly. I also try to adhere to the major principles of money management. I try to pretend that it’s all real and see that everything is based on emotions or to be exac...
Is Forex an Addiction ?
in
New Traders
Feb 03, 2022 at 14:21
I think that anything we do with great passion can become our addition. There’s a very high probability of getting addicted with Forex trading especially you stated earning well from the very beginning. It could be just a lucky coincidence but I think that after this a person will not be able to quit this thing and he or she will try it over and over again.
There is no short cut
in
General
Jan 13, 2022 at 20:33
This statement is absolutely correct despite the fact that the Internet is full of different gurus who promise to make you a pro within a week. Success in trading requires lots of time, efforts and patience. Unfortunately, it is next to impossible to gain necessary experience and knowledge within tight deadlines. THat is why you need to take your time and start learning and practising from the very beginning. I wish I could say that everyone can easily achiee that level of expertise which will provide a trader with consistent and stable profits, but it is not so. I don't mean that you need...
new to this site just here for indicators
in
New Traders
Nov 12, 2021 at 12:37
Well, of course you can find any indicators which you want and combine them the way you want, however all the indicators as a rule are available from brokers. If you found a broker, then it perhaps offers indicators for trading. Indicator is an inevitable part of every kind of trading activity, even those traders who like fundamental analysis and long term trading activity also have their own indicators which are also provided by their brokers. Anyway, the main task for you is just to find a proper broker, then you can explore the indicators which it offers and try to think about how you can c...
Recovery from a broker possible or not?
in
General
Oct 06, 2021 at 19:57
Check the licence and regulation.Read reviews on specialised forums.Do not take advantage of all your investment opportunities at once. Check withdrawals.
Currency strength
in
General
Sep 30, 2021 at 19:07
If you look at the situation without additional inputs, an increase in unemployment leads to a fall in the value of the currency - that's the standard way of looking at things.
About news trading
in
General
Sep 21, 2021 at 20:49
News can be different. I don't agree with you about NFP. I mean that this kind of news which can be analised and predicted, if you do thorough fundamental analysis.
Forex is the biggest financial
in
General
Aug 11, 2021 at 19:07
I would say that Forex is the biggest financial environment. It can be called a market but forex differs from any other financial markets that exist nowadays as there is no central regulation in forex. So, I believe that the word 'environment' is more suitable to describe forex.
FxPro
in
Brokers
Jun 17, 2021 at 17:11
I have always tried to use all the opportunities that the world gives us. Otherwise, you won't be able to live normally. I think so. This is why I started trading forex one day. It was a chance.Of course, I agree that this is not a perfect job. There is always a risk and I am a lot of nervous about my work. But it's worth it.I trade with FxPro, this broker is normal. Allows you to earn money and withdraw it without any problems.
HYCM
in
Brokers
Jun 16, 2021 at 14:08
This broker will undoubtedly suit those seeking reliable partners with a rich experience. It’s one of the pioneers of the Forex market. On the other hand, if you rely on bonuses in your money management plan, you may be disappointed because the broker doesn’t give bonuses at all.
Why brokers freeze the Trading platform?
in
New Traders
Dec 29, 2020 at 12:16
Reasons may be different - for example, the use of robots, if they are prohibited.And this needs to be understood.But, in any situation, if you trust the company - you can always communicate with managers and try to solve any issue quietly.
Not gambling
in
General
Dec 01, 2020 at 08:32
Gambling is not always bad.Sometimes it's just bright emotions that make you not give up and move forward.A lot depends on the attitude.
Money Management Tips
in
General
Oct 30, 2020 at 12:34
The best money management tip that you can get when you join forex is that i should never put in your savings to forex trading no matter how good you think you are. If you are going put in your savings then put in a very small amount from your savings that will not have a huge impact if you lose it all. Forex is al about risks.
Mt4-RA
in
Trading Systems
Oct 13, 2020 at 18:51
Well, I can't say that it is very safe, because 1:500 is a sufficiently high leverage and it requires a fairly accurate assessment of the situation and accurate calculations.
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