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sebking1986
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Books or Videos - Which one is better for learning?
in
New Traders
Nov 26, 2021 at 12:07
Depends which medium is best for you. Some need more visual aids and spoken word. Other find it boring.
Time frames for currencies
in
General
Nov 26, 2021 at 12:06
The one that you can actively see tradeable opportunities. There isn't a right or wrong answer here.
What influences forex interest rate decisions?
in
New Traders
Nov 24, 2021 at 11:27
ONly country at the moment doing anything with their rates is NZ! You would think the others will follow soon
Which broker you can trust & run EA
in
New Traders
Nov 24, 2021 at 11:25
I have used ICM in the past but there are loads EAs will work on. It also depends very much on what the EA does to dictate what kind of broker or account you are looking for.
Luck or Hard Work?
in
New Traders
Nov 24, 2021 at 11:23
100% it comes down to hard work. Luck hasn't got anything to do with it.
Making money is a habit
in
General
Nov 23, 2021 at 09:27
100% agree. Making money is about habits and mindset. Understand how money works and it's just a game with rules.
Indicators are useless
in
General
Nov 23, 2021 at 09:26
I don't find them useful but others do. Have to find what helps you to see what you need to see in order to trade. What people "think" doesn't matter.
How true is High leverage = High risk?
in
New Traders
Nov 22, 2021 at 13:52
It depends on the person using the leverage. If you are being sensible and using correct lot sizes then you will just be using less margin for the same trade. But if you are then why do you need the leverage. Unfortunately higher leverage tends to be utlisied by those who over trade and use lot sizes far bigger than their account can handle and without a sensible strategy in place.
Any crypto traders in the house?
in
Crypto
Nov 22, 2021 at 13:37
Depends what exactly you are trading and how. Trading on a broker or exchange are different.
Looking for reliable ECN brokers...
in
General
Nov 19, 2021 at 11:00
If you're looking for a regulated one then IC Markets have been good for me
Do you use Daily or Weekly Max Loss?
in
Experienced Traders
Nov 19, 2021 at 10:58
More than 3 back to back losses I walk away. I risk 1% per trade.
Anyone suggest me best broker for forex trading?
in
Experienced Traders
Nov 18, 2021 at 11:34
I've found IC Markets solid for me as long as I've traded. Use a few others as well but these mainly for FX trading.
Cryptocurrency
in
Crypto
Nov 18, 2021 at 11:33
You are inviting getting scammed. There are contless videos on YouTube showing you step by step how to do it yourself on legit exchanges, not Mickey Mouse exchanges,
Choosing a cryptocurrency platform
in
Crypto
Nov 18, 2021 at 11:32
Look at established exchanges to start with like Binance, KuCoin and Coinbase.
Newstrading
in
Experienced Traders
Nov 17, 2021 at 12:20
A good understanding of macroeconomics is useful if looking to trade using this method. I personally think a combination of using this knowledge and technical knowledge is required but we're all different.
Greed is when your expectation
in
General
Nov 17, 2021 at 12:18
Finding that balance is one of the hardest things to master in trading.
2H time frame
in
Experienced Traders
Nov 16, 2021 at 10:57
Use whichever TF allows you to see what you need. There is a falsehood that only certain timeframes are useful.
Bonus and Brokers
in
General
Nov 16, 2021 at 10:56
I don't even give brokers who offer bouses a second look. They are not casinos so why are they acting like them? They encourage poor trading practice and prey on those with low capital and in desperate positions.
where to invest money to get good returns
in
Experienced Traders
Nov 15, 2021 at 14:01
A tracker fund that tags the S&P500 would have done you well the past decade. Depends on your definition of "good" return.
Account management
in
Experienced Traders
Nov 15, 2021 at 14:00
If you use any account management service ensure it is regulated so there is no risk of it getting shut down.
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