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New Traders Forum

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Choosing the right trading signal provider.

By Daniel424 Oct 21, 2024 at 06:35

Trading signals have been super helpful for me—they save time on analysis and spot setups I might miss, making trading way easier. I’ve been using fxview and avatrade for this, and they’re definitely worth a look.

6 Replies 228 Skatījumi

Pēdējais ieraksts no essencejo Nov 12, 2024 at 06:16

Share your profitable trading strategy here

By alexooisq Nov 06, 2024 at 05:48

Axi trader is having a 100% deposit bonus (up to 3k) + cashback (up to $30) from now until end of Yr2024. Simply create an account using below URL, deposit funds and email to [email protected] for bonus and cashback to be credited into your trading account.Axitrader is regulated by Australia ASIC AFSL number 318232.https://www.axi.com/au/live-account...

3 Replies 185 Skatījumi

Pēdējais ieraksts no alexooisq Nov 11, 2024 at 04:01

Forex

By Lider2111 Sep 28, 2024 at 13:03

For beginners, BabyPips Forex 101 is a great free course with structured videos, while Udemy's Forex Trading A-Z offers a comprehensive, hands-on approach with practical examples and quizzes.

11 Replies 222 Skatījumi

Pēdējais ieraksts no Austin_TM67 Nov 08, 2024 at 10:05

Trading Workplace

By optinskijj Oct 20, 2024 at 04:22

for today's quiet scalp

3 Replies 80 Skatījumi

Pēdējais ieraksts no optinskijj Nov 06, 2024 at 05:31

How to choose a trusted forex broker?

By penkyfresh Oct 27, 2024 at 06:09

Nice read, I'd say pay attention to their regulatory bodies and testing on demo account to see how the trading conditions are.

2 Replies 163 Skatījumi

Pēdējais ieraksts no reggae Oct 30, 2024 at 05:24

The Impact of a Federal Cut on Forex Trading

By TradeQuo Oct 29, 2024 at 05:04

A federal rate cut can create unique opportunities and challenges for forex traders by making the USD less attractive, often leading to a weaker dollar and potential gains for other currencies, commodities, and carry trades. Monitoring the Fed’s communications, including FOMC meetings, and keeping a close eye on inflation and GDP data are ess...

1 Replies 129 Skatījumi

Pēdējais ieraksts no y8g9NkylxG Oct 29, 2024 at 13:59

The Impact of Dubai Accepting Cryptocurrency as Valid Salary Payment

By QuoMarkets Oct 29, 2024 at 05:15

Dubai, known for its innovation and forward-thinking policies, has once again captured global attention by allowing cryptocurrency as a valid form of salary payment. This groundbreaking move reshapes Dubai’s financial landscape and sets a benchmark for other regions worldwide. In this article, we will explore how this development affects empl...

0 Replies 84 Skatījumi

Pēdējais ieraksts no QuoMarkets Oct 29, 2024 at 05:15

My trade plan

By Haykhings Oct 24, 2024 at 15:29

The Max weekly and Max daily are too high trust me it will take a long time to crawl out of a 35% DD and that week will be brutal. I've been there and it's not pretty. Seems like you are scalping though so good luck! Just be cautious and careful of the variance...

1 Replies 104 Skatījumi

Pēdējais ieraksts no WarJB Oct 26, 2024 at 15:51

Fake Traders vs Real Traders

By QuoMarkets Oct 25, 2024 at 09:53

Correct words and advice. Trust only traders with five years of experience and accounts of a year or more)

1 Replies 241 Skatījumi

Pēdējais ieraksts no optinskijj Oct 26, 2024 at 09:30

The Role of Artificial Intelligence in Cryptocurrency Trading

By QuoMarkets Oct 24, 2024 at 09:48

I see AI in cryptocurrency trading as a real game changer, but I think caution is necessary. It offers great advantages, yet I always keep its limitations and the market’s risks in mind. For me, balancing these factors and staying adaptable is the key to success.

2 Replies 154 Skatījumi

Pēdējais ieraksts no James_21 Oct 25, 2024 at 07:07

price

By Trillinger Jun 27, 2024 at 20:31

not at all!

4 Replies 204 Skatījumi

Pēdējais ieraksts no Ces_76Jez Oct 24, 2024 at 11:18

Does anyone know them?

By forex_trader_79110 Nov 19, 2013 at 16:46

Nope. I don't know about them

11 Replies 868 Skatījumi

Pēdējais ieraksts no Ces_76Jez Oct 24, 2024 at 11:18

Some thought on how to start trading...

By penkyfresh Oct 23, 2024 at 08:18

Thank you for your feedback and unique ideas. They 100% will be helpful for the newcomers! Have a profitable trades!

2 Replies 134 Skatījumi

Pēdējais ieraksts no penkyfresh Oct 23, 2024 at 17:19

How to get rich by being not lucky?

By 9to5forex Oct 22, 2024 at 10:06

Oh, yeah, Naval Ravikant discusses the concept of getting rich without relying on luck in several of his talks and writings. Here are some key points he emphasizes: Seek Specific Knowledge: Focus on developing unique skills or knowledge that sets you apart. This often comes from personal interests and experiences rather than formal education. ...

3 Replies 98 Skatījumi

Pēdējais ieraksts no y8g9NkylxG Oct 22, 2024 at 12:14

Intraday Trading is gambling

By prakash104 Jun 14, 2016 at 07:44

The pressure to make quick decisions can definitely feel more like gambling than strategic trading, and it’s easy to become addicted to the fast-paced nature of intraday trading. Prioritizing your health and finding a balanced approach to trading is so important!

177 Replies 11,058 Skatījumi

Pēdējais ieraksts no James_21 Oct 22, 2024 at 11:41

Looking for Advice on Investing a Small Inheritance in Forex

By johnyymalee Oct 22, 2024 at 06:00

Hi Johny I think it is great that you are learning what is your plan to keep your money safe while your learn?(guidance number 1) I can advise you to also focus more on understanding what defines risk when trading in the forex market and how it can work to benefit you in the long run before you think of investing your money. Lastly, I use automated...

1 Replies 91 Skatījumi

Pēdējais ieraksts no FXDecap2519 Oct 22, 2024 at 06:26

What is your biggest trade in the history?

By drevis Oct 20, 2024 at 12:47

My biggest trade was turning 5K into 25K in a week trading gold! Caught the perfect reversal during a wild market swing, and it paid off big time. Right place, right time!

6 Replies 179 Skatījumi

Pēdējais ieraksts no JaceMilo Oct 22, 2024 at 05:21

What did I do wrong?

By xtreme28 Oct 22, 2024 at 05:14

It looks like the price faked you out with that trendline break and then shot up instead of reversing! Sometimes those false breakouts can be tricky. Your plan to exit at the marked support made sense, but the market had other plans. Next time, maybe add another confirmation like a candlestick pattern or volume to be sure the break is real. It happ...

1 Replies 58 Skatījumi

Pēdējais ieraksts no JaceMilo Oct 22, 2024 at 05:20

I am new to Forex and I am about to start my first trades.

By Oliveira27trader Jun 05, 2024 at 18:18

You're on the right track with MACD and the moving average, but just a heads up—1:1000 leverage with only $1,000 is pretty risky. One bad trade could wipe you out fast, even if your strategy is solid. I’d suggest dialing back the leverage and focusing on risk management first. Day trading is no joke, and it’s better to play it...

33 Replies 931 Skatījumi

Pēdējais ieraksts no JaceMilo Oct 21, 2024 at 10:35

What would you rather use for trading?

By connorjohnson12 May 21, 2024 at 13:42

If I were starting out again, I’d lean towards major currency pairs like EUR/USD or USD/JPY. They’re generally more stable and have plenty of resources to help you learn. Once you get comfortable, you can branch out to other markets, but starting with these pairs helped me build a solid foundation. Good luck on your trading journey!

10 Replies 390 Skatījumi

Pēdējais ieraksts no James_21 Oct 21, 2024 at 08:05

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Any opinions or market advice provided in the community sections are not necessarily the opinions of Myfxbook or its affiliates. The comments and opinions posted are of traders who may or may not be experienced. The comments are not reviewed or researched by Myfxbook.com or its affiliates. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk. Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.