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Forex is good in terms of return

Genom UweMoench Dec 31, 2020 at 13:19

@karenpeters Yes you are right. Good strategy, risk management and a solid trading psychology is very much needed for success in forex trading.

29 Replies 1,799 Utsikter

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Market updates 7th July 2021

Genom ACYWillllllll Jul 07, 2021 at 00:18

for sure the swings are a lot more volatile that is also due to the lower amount of liquidity so there isnt much resistance either way. This week has been much more liquid so interesting to see how NFP reacts this month

4 Replies 528 Utsikter

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There is no secret holi-grail

Genom Michihito Oct 04, 2020 at 11:32

There are still a lot of people who believe that you can make a lot of money here without any effort.That is a lie. It even annoys me.

13 Replies 919 Utsikter

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Ideal place for trading

Genom UweMoench Nov 25, 2020 at 12:18

I totally agree with the idea that place matters. However, it is not only about trading but about any kind of activity. Working place should inspire you and make you concentrate on your work. More than that, your working spot shouldn't discourage you from working, on the contrary, it should be a place where you want to return, a place of compfo...

22 Replies 1,479 Utsikter

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Over-trading is a very harmful

Genom UweMoench Feb 02, 2021 at 11:05

Automation of trading and scheduling of trading sessions excludes the possibility of overload. If you trade during a trading session that starts at night, then you will have to use a EA to sleep on time, or change your working day. Overtrading is profitable if you practice such a brainstorm periodically, during key market events. But don't do t...

44 Replies 2,801 Utsikter

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Profit target?

Genom Michihito Dec 23, 2020 at 12:18

Profit targets are quite subjective and depend on your trading strategy. I mean that scalpers can use very low profit targets like several pips, but I don't see fit in trading with so little profits. Swing traders' targets are bigger and I think that profit objectives should be connected to support and resistance levels.

33 Replies 1,783 Utsikter

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Trading time is very important

Genom UweMoench Oct 16, 2020 at 12:55

Currency trading is unique because of its hours of operation. The best time to trade is when the market is most active. When more than one of the four markets are open simultaneously, there will be a heightened trading atmosphere, which means there will be more significant fluctuation in currency pairs.

34 Replies 2,151 Utsikter

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What is your favorite leverage?

Genom stevenflam Nov 05, 2020 at 12:34

It is agreed that 1:100 to 1:200 is the best forex leverage ratio. A leverage of 1:100 means that with $500 in the account, the trader has $50,000 of credit funds provided by the broker to open trades. So 1:100 leverage is the best leverage to be used in forex trading.

40 Replies 2,532 Utsikter

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Common mistakes

Genom UweMoench Dec 30, 2020 at 12:45

These are the best forex trading tips and skills every forex trader needs to be aware of:1. Be clear about your goals2. Plan ahead3. Leverage day trading4. Select the appropriate trading platform5. Study the market6. Know about market correlations7. Entry and exit8. Rely on facts and not emotions.9. Choose the right forex forum

70 Replies 4,064 Utsikter

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Forex is Hobby ?

Genom Admoni Sep 14, 2017 at 14:18

@skihav but one wouldn't play with their money in the name of a hobby. What I think is that people who fail to earn profits and lose most of their money are forced by guilt to call forex their hobby, so that people don't judge them by their loses

215 Replies 9,700 Utsikter

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Professional trading tips for beginners

Genom forex_trader_1786937 Oct 02, 2020 at 16:46

You made a few good points, although I’d also point out the need to avoid scams and to practice proper risk management.

33 Replies 2,374 Utsikter

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How much do you risk in total to make big profits at ago?

Genom forex_trader_1786937 Sep 24, 2020 at 03:37

I always risk 1% but by reward is always 3 time this. I think thats the key. Now my accruacy is 90% or anything like it but i am profitable to where im happy

32 Replies 1,942 Utsikter

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EA required for MetaFX software

Genom Vince01 Sep 07, 2021 at 07:00

Looking for EUR/USD and USD/JPY using MAM (see attached picture)Targeting for 1% ROI daily, 3-5 trades daily.Please email me at [email protected]

0 Replies 163 Utsikter

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Missing (TIME PROFITABLE)

Genom Nicholasdownie Sep 05, 2021 at 06:20

Why is it that sometimes the stats (Time profitable) is missing from the history tab when trades are imported. This information is important because this is what is used when calculating the MAE AND MFE of a trade-in advance statistics

0 Replies 500 Utsikter

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Choosing a pair

Genom Michihito Feb 25, 2021 at 12:33

I mostly trade with major currency pairs like EURUSD since they are widely used and are also stable when compared to other currency pairs.

45 Replies 2,837 Utsikter

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Best trade

Genom lovethepips Jun 25, 2019 at 08:37

Best trade is that works according to your plan. To open a trade you should have specific plans to execute. Without plan we should not trade.

45 Replies 2,773 Utsikter

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ETF trading

Genom Aaronoutfx Aug 23, 2021 at 09:04

Are you invest in ETF? if not I recommend to start. If you see that day trading is not for you I really recommend to try passive trading. Just have a look at ETF like spdr and vanguard. How much you could earn for last 3 years and how much you've lost with active daytradingWhat do you think about passive trading like just to bought ETF, indices...

0 Replies 428 Utsikter

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Broker demo cent account lower spread xauusd

Genom Sebzhd Nov 24, 2020 at 21:09

Fxview is another good option for a small deposit account with low spreads. 5 euro is the minimum deposit required to open an account with them. Both are regulated, I find them good.

7 Replies 932 Utsikter

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IcMaket and PayPal

Genom forex_trader_2299462 Aug 01, 2021 at 08:34

I do not think dispute will help you to get you the money. The loss happened due to market volatality. Then too u can try if you want.

2 Replies 416 Utsikter

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rebate forex

Genom ArteaFx Jul 28, 2021 at 05:37

is there's someone whostill doing trading forex without get rebate/cashback from every transaction?

0 Replies 183 Utsikter

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