Well everybody has their own choice when it comes to forex trading leverage as for me I do take 1:100 leverage ,this will help me enter the market with good margin ,I dont like high leverage because high leverage means high risk
I think how to be successful in forex trading is simply by trading with small lots ,that is money management ,follow the trend and stick to your plan dont be greed and overconfidence after this success will come by.
Forum can easyly help the trader to start forex and can help enhance the knowledge of that trader since he will have the opportunity to interact with others forex traders and get the best out of them
To be sincere we can not compare the value of hand book to online material if a trader still have some more time to learn I will prefer the trader to use book first this will really help him in every dimension.
Fundamental analysis is good and not bad atall I think the right time frame to use it is 1m ,5m mostly for news trading, sometime it can be best for scalping.
kasual that means you must be a good and professional trader because using only technical analysis is very difficult and not an easy thing so what I guest is the right thing to do for other set of trader its just for us to combine fundamental analysis with technical to get the best result.
Its true that every pair has their level of movement on dailly basis yes that is true and they also have time which we suppose to trade and get the very best out of the market.
Forex is not that easy so we need to do and try our possible best just to get the best out of the market.
Forex need...
Wow this is my first time of hearing about this type of analysis sentimental well the only thing I do is fundamental(that is news) then add a little technical analysis before traded in any currency pair with this I always get confidence in my self.
Yes forex seminer is very good and the ability for any trader to make income all depend on the level which you have preper before you go to the seminer because some of the scrab selling at the seminer venue dont worth it atall instead they just explain only the basic in forex.
So activating...
So many traders as I know do fail because of this issue they do abandone their demo account and go and do real trading which is very risky so the right thing for them to do is to try and trade first on demo account get the right knowledge before proceeding to anything else.
Well I dont really like Argument, forex is all about experience and knowledge with addition to skills so all I have to say now is that we should do our possible best to make sure that we get what it will take us to call our self a good trader so that the benefit of forex trading can easyly come...
Well both account are all important demo account give us knowledge while real trading account is our main account we need to test our difference strategy first in demo before we can proceed to apply it on real trading account.
Well I dont really think that that is the best but rather our level of knowledge is what I think suppose to give us much and fixed income in forex we should learn practice and make sure that we get all the needed knowledge in forex trading then we can call our self a good forex trader with just...
Well that is really true forex trading is all about risk and we are the very set of people who can control our risk level so what I normally do here is for me to to learn all its take to become a good forex trader and get all the experience then I will proceed do further learning then I will say...
You can make forex trading your source of income if you reallywant but first just make sure that you have the right knowledge that will make you to succeed in this business yes and another thing is make sure you have enough capital to avoid leverage and have access to any kind of market.
The tips is just that we should try and make the trend our friend never trade against the trend try in as much as you can to learn from the demo account and you will be good to go with success in forex market .
Well my own suggestion is just that each and every trader has to learn the basic about forex trading first .
And after that trader should study the demo account very well this will help the trader do well in real trading account get constant practice with your demo account just to improve your...
That is the first place any newbie trader should start with demo account is very good and important place to start with since we will be able to make some good amount of knowledge in here its all about fund fund fund.
I think the question is just similar to what is the meaning of forex trading yes that is true and correct forex trading is very much risky.
.....it involve buying and selling of currency online and make some good amount of money after the right market and trade is been excecuted.
Robot do help us alot in forex trading to earn ,but what I dont really like is that robot should not be used by newbie trader because if they do this surely they will get some spirit of laziness in them and make their own body rely on the robot without learning