Of course, and like I said am hoping my broker forexchief would add other options too. But before then at my free time I focus on tokens/coins with potentials like Feg, Dogecoin, safemoon, shiba inu and some others. What I do is buy enough BNB in case there is any new coin with potential I just...
I use the 1-2% Risk ratio or risk management in trading. I keep my leverage at a minimum and I stick to a trading plan. How do you manage your trading risks and keep it at minimum loss.
I use Forexchief too. It is quite an exciting broker to use. very fast services, espcially when opening orders. no slippages and requotes. Their ECN account is very good. I am a happy to see others using it too.
This is probably the basis of all Forex knowledge. Many traders know the effect of using a big lot size, but greed and lack of discipline make them do it.
Mt4, mt5 and cTrader are the best apps for trading. They are also the most common and offered by many brokers. I use Forexchief mt4 platform. They also offer mt5 on mobile and web. The platform is very fast and works better with EAs. Spreads are low and there is up to 1:1000 leverage.
If you are that good at Forex trading, why don't you borrow money from the bank and trade to make 50% profit monthly, then give the bank 5%. Must you steal other people's sweat? There is a level to wickedness in the world. You are not human if you take what does not belong to you.
Hello everyone. Do you partake in the contest by Forexchief?
Fast Warren – is a two-week contest that involves "cent" accounts and allows to combine the usual trading on your account with the competition for a real money prize. The contest is held in two nominations - "The biggest profit" and...
Win gives me joy, but loss does not give me pain as it would. That is because I know it is inevitable. One loss does not make you a loser as you've rightly said. When you know you win/loss ratio, you won't be bothered if its in good shape.
Managing investors fund is a whole different game. You must be an expert and ensure capital is 100% safe. You don't takee unnecessary risks. Set a goal, strategy and always stick to it.
Forexchief offers trading bonus of $500 on deposits. There is no need to upload personal documents and wait for data verification. I hope traders are taking advantage of this.
It is good to study many of these pairs and determine which is more profitable or easy to analyze. The Major pairs are easier to trade before the information about the related economy is easily available to us.
The risk of trading Forex is high, so it is not advisable to quit a day job for it. So you are right, it can be done part time. Only use money you can afford to lose.
I enjoy same trading conditions and benefits from Forexchief broker. They are true ECN broker with super fast server for news trading. The spreads are also lower.
A strong mental attitude from a proper knowledge of Forex. Without thorough Forex knowledge you cannot trade with confidence because you will be second guessing every move.