Search results

For binary options, i have quit trading them back in 2016-17 and shifted my focus completely on the forex trading. Maybe there are many traders who are currently trading binaries and still making good sum of money, good luck to them.

I can agree that there are some similar patterns which are repeated in the candlestick charts and many traders can used to see them while the candlesticks are being painted.

Those who does not know what they are looking for in this marketplace also suffers the most and they are actually acting like gamblers just pushing the buttons with excitement.

We can learn the basics by practice any demo account and more fun if we go to the brokers' offering "zero to hero" or "virtual to real" demo contest where many brokers like hfm, octa, exness, lmfx etc give prizes to the top winners making the learning journey of traders more exciting where they...

Perfect detailed orientation with clear example which new traders usually does not see and eventually lose money due to their mistakes.

Robots or EAs can make money but i prefer trading manually although there are many brokers like hfm, lmfx, xm etc which offers free VPS too for EA traders.

That's why there are many new traders in the market blowing up their accounts each day because they simply do not follow the rules.

Agreed since it is very professional market so starting with a demo and practice it for at least a minimum of six months can help developing the skills required for making money out of this market.

Yes, the trading business is very professional market which does not spare any trader's mistake however the good part is that we can learn the skills required to make money from this industry.

Demo accounts can help building the real foundation in my opinion and they can be used to asses any of the brokers like hfm, exness, octa, xm, lmfx etc without depositing any money with them.

I have seen a new prize pool worth 60k USD, maybe it is for the traders worldwide!

We can use a demo account for backtesting and forward testing any profitable strategy before implementing them on our live accounts.

Even if they are easier to read, we still need to execute trades only after having one or two confirmations rather than blindly trusting our intuitions.

I guess before funding the account we can download a demo account and trade it for at least a minimum of six months before jumping into live trading. Doing so can help us learning the trading mechanics as well as the broker's processes without depositing any money with them.

Portfolio diversification can be a good idea to no leave all the eggs in one single basket so that in the event of loss in one asset class we can be able to safe other assets.

Those who engaged in forex trading and have mastered every skill needed to earn money from this industry can rarely look for any other options for making money. All the new traders needed is to learn with discipline and patience, practice those skills and eventually transition from noob to a...

We cannot rely on anyone else for providing us any income or otherwise we have a profitable strategy we can get it coded into an EA however these EAs can also double the trouble sometimes because they are meant to follow the technical analysis and requires monitoring during high volatile...

I see many forex brokers have started btc cfds for trading 247 which mean that crypto pairs will get more market hype compared to other asset classes.

Accounts can be blown in the start however we can go with demo account in order to learn without risking our own money for getting live time market experience for free.

There are many people who have passion but they failed to pursue and fell for other distractions however this is the time when we can sit back and rewrite our goals and targets to start chasing them again. It is never to late in my opinion.