Recent content by Zoltan_

Prior to selecting the best forex broker, you must determine your trading style and the direction you prefer to take your trades. There are many brokers available, so selecting the best broker is a difficult task. However, there are some things you can take into account when making your...

Many new traders fail because they lack trading knowledge and did not practice enough on demo before going live.

If you are not confident in your trading skills and strategies, you should not go live. For me 3 months were enough to practice on demo.It differs from person to person.

Yes, becoming greedy when it comes to trading can be very dangerous because trading requires a sound and calm mind.

Agreed with you on this.

These are some of the few brokers that I wanna try out, do they have any deposit bonus? Also, do they accept btc as a deposit?

New trader should get their hands in demo trading so that they can get the aspects on how forex trading works in demo.

I think it takes a long time to be mentally prepared in trading, because forex is very unlimited broad topic that focus on so many stuff so it takes a while to be prepared.

There are several common mistakes traders make while trading like not using stop loss, having unrealistic expectations or trading without a plan.

Have been hearing a lot about this broker recently, how is the execution, any slippage issue? And how much time for withdrawals?

Regulation is a very critical factor so make sure that the broker is regulated. Second thing would be trading costs. Choose a broker who offers quality services but at a fee that you can comfortably afford.

It is not too easy to be a full time trader. Go for it only if you think you can balance it with your rest of the responsibilities.

One thing that I would like to tell to all newbies, start only after you think you are completely ready. Do not follow the crowd or get tempted by listening to other's wins here. You'll excel only if you have all that is required.

Not only in forex, but learning and grasping the maximum is essential to all fields. Success is dependent on what you know about what you want to excel in, simple.

Yes, many traders don't get success, but then that is because of their own faults. If traders are earning in this field, means forex has got something for all. It is how we trade here, how we strategize and grab opportunities. Our actions, skills and knowledge will bring us earnings or losses...