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Broker with Big Leverage in UK
på
Nya Handlare
Jul 12, 2021 at 08:23
Even the broker I am currently using provides max leverage upto 500x. But I mostly prefer to keep it at 100x.
Powerful Trading Journal made with Google Spreadsheet
på
Allmänt
Jul 12, 2021 at 05:12
It's good to have a trade journal. We can plan, track , record, analyze and much more with it. @Manudo, wish you luck for your trade journal.
Purpose of demo trading
på
Allmänt
Jul 05, 2021 at 10:27
From the day I started my trading journey, demo accounts played the most important part for my learning. I preferred these to test strategies before risking it with live trading.
forex new trader
på
Nya Handlare
Jul 05, 2021 at 08:14
Taking small steps in trading is very important for beginners. Risking too much money to make quick profits is not a wise thing.
importance of skills
på
Allmänt
Jul 05, 2021 at 07:28
A strong skill set for forex is essential to become a successful trader. Knowing about the different trading strategies, tools, and chart predictions are the basic skills. Improvising their own ideas and capabilities to anticipate the future events in the market is something only a skilled trader can do.
To be a successful trader
på
Allmänt
Jun 26, 2021 at 05:04
Stay dedicated and focused towards your goal. For forex traders, being consistent is what matters the most.
Beginner in forex
på
Nya Handlare
Jun 25, 2021 at 05:46
Both money management and risk management are important concepts in forex trading. One needs to know how to allocate a budget for every investment as well as how much risk they are undergoing with each. Keeping the balance between these two will decide the profit level.
Overconfident
på
Nya Handlare
Jun 25, 2021 at 04:07
Is a key to get doomed. Logic and patience on the other hand are the two keys for forex trading. Decisions based on logical facts and patience to wait for the result are very important to become a successful trader.
To Demo or not to Demo
på
Nya Handlare
Jun 24, 2021 at 06:45
If you are not yet sure with your forex skills to make profits, a demo account is your best place to groom your skills with zero risks. Learn forex trading by doing it with virtual cash and real market data.
How long it takes to learn
på
Allmänt
Jun 24, 2021 at 03:51
Depends on how fast a learner you are. It can be a few months to a few years.Trading with demo accounts is good and cool. Once you are confident with your skills, it's better to move forward with a real trading account with minimum investments and leverage.
Indicators are reliable but
på
Allmänt
Jun 23, 2021 at 12:48
But they are not a sure shot signal. It's best to use your own logic for cross check before going forward with indicator signals for forex decisions.
Daily Plus
på
Trading System
Jun 16, 2021 at 06:58
Everyone is a great trader but then even the greatest will fall someday. This is the same with the traders but they rise again from those falls. It is very true that no one can win daily because frankly no one can guess right every time.
Looking for reliable ECN brokers...
på
Allmänt
Jun 11, 2021 at 12:41
If you are particularly looking at low spreads then I would suggest hankotrade. Been using their ecn plus account for a while now and satisfied so far.
Different levels of leverage
på
Nya Handlare
Jun 09, 2021 at 13:13
1:30 or 1:50 are some good leverage ratios for newbies. There’s less risk involved. I too started with 50x leverage when I was a beginner, but am playing with 500x at the moment.
Ninjaforex2021
på
Trading System
May 14, 2021 at 11:07
Great demo account you have here. Good luck for the live account!
Indicators are reliable but
på
Allmänt
Mar 11, 2021 at 12:23
Whether you are using an indicator or not, your knowledge can play an important role. You can pair your trading strategy with a suitable indicator.
Greed is when your expectation
på
Allmänt
Jan 06, 2021 at 06:16
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
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