• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Search results

  1. E

    What is scalping ?

    There are thousands of traders who are addicted to short time trading. They should stick their preference like if they are scalper, they should enhance their skill in this field. On the other hand, long time traders should prepare themselves with sufficient knowledge so that they can do well in...
  2. E

    Hedging question

    Some traders are highly interested in hedging but I don’t support this kind of trading technique. Because it’s not a proper way of trading rather it’s a technique by which traders can make money within a very short time provided that the plan comes into effect.
  3. E

    Forex education

    Education is badly essential for the skill development of traders. Traders can read e-books, watch video tutorials and there are also many other ways to follow to gain knowledge. There is no substitute to earning knowledge if a trader wants to reach the threshold of success.
  4. E

    Forex is excessively risky business

    By lowering leverage amount, using micro lot size, trading with low spread pairs, traders can mitigate their trading risk level. Risk management policy is essential for Forex trading. Even though Forex trading risky, there are ways mentioned above by which a trader can lower his risk level.
  5. E

    Forex is an easy source to earn money ?

    Forex is an easy way of earning as long as you make consistent profit. But, it becomes hard to survive in Forex when volatility raids into the market, which is a common phenomenon. Traders should make their own strategy of trading and prove that strategy by using over time whether it is okay or...
  6. E

    Forex is an easy source to earn money ?

    Forex is easy as long as you have skill of trading. It is easy in the sense that you can trade sitting at home. But, you cannot enjoy this facility if you can derive profit. Profit is maximization is the goal of every trader if can do so. However, it is the expectation that is always neglected.
  7. E

    How To Break Bad Trading Habits

    By born, people inherit some bad practices of habits that dominate over trading, like greed, emotion, etc. If a trader has a sound mind, he never yields to these bad habits. Traders can remove these bad habits seeing the surrounding environment and through earning knowledge. There is no...
  8. E

    Forex education

    Forex education is the best solution to trading because it helps develop ideas in you about trading. How can you expect large sum of profit when you don’t know market aspects well? Online sources of earning knowledge is available and so traders can very easily arm themselves with knowledge.
  9. E

    Testing of patience is must

    Forex takes the test of your patience level because the market is volatile and uncertain. When a trader loses, they can’t sustain it for long. They always try to recover the loss as quickly as they can. So, developing some urgent human qualities is essential for traders because these qualities...
  10. E

    Forex education

    There is no way to deny the significance of education and I am always in favor of it. Random trading bears away no profit to traders and so traders should try to bring a discipline in their trading. Learning sources are now available online like you will get e-books online for free in the form...
  11. E

    Very few people follow this basic

    Following trading principles is essential to be lucrative in the end of the day. But our traders are very much unwilling to follow the basics of trading because they can’t verbalize the importance of it. To know about the basics of trading, traders can read e-books, watch video tutorials.
  12. E

    What is scalping ?

    In the recent time, scalping has become a very popular choice for traders because traders can make a quick buck by scalping. With the growing demand of scalping, brokers are also offering several facilities to traders for scalping effectively. Generally, a trade which is opened as scalping is...
  13. E

    Very few people follow this basic

    Maximum traders are tempted to earning more and they cannot control their greed when they come to trading. This greed keeps them apart from following the basics rather traders cross their boundary of trading for earning more. But this is not supposed to take place. Traders should follow the...
  14. E

    Do you feel like giving up yet

    Sometimes people can think of giving up trading in a fit of rage because giving up trading is not the ultimate solution. Traders need to go ahead step by step following the strategy. But traders are found averse to using strategy and it’s a bad practice. Traders should avoid taking high risk in...
  15. E

    Forex is an easy source to earn money ?

    Forex is a global currency trading market where billions of dollars are traded daily. According to the transaction amount, the market is the largest one in the world. Traders are being served by different brokers to trade Forex. Forex is such a market where you can trade even lying on your bed...
  16. E

    Binary trading . do you like ?

    Yes, I like binary trading and it is the most authentic type of trading so far I know. It reduces reliance on indicators. A trader can do well from binary trading only when he has enough knowledge and experience of trading. It takes time to grow but it grows. For so, a trader must be...
  17. E

    Ea works ?

    EA is basically automated trading software that requires no manual labor for trading. Personally I hate EA trading because Forex is not all about technical movements rather the market runs based on the fundamental analysis. Traders should not lean on EA trading rather they should learn about...
  18. E

    90% loser . it is true ?

    Yeah, it’s a realistic data! Even, I believe more than 98% Forex traders are unable to make money here! But if you are a newbie, don’t focus on this statistic, just focus on your learning process! If you have proper technical & the fundamental trading skill, then your real trading journey would...
  19. E

    some tutorials.

    I see, a number of new traders starting their learning process by micro instead of demo trading! But according to me, demo is the best way to leaen Forex! Whatever, if you are unable to concentrate on your demo account then surely, you can go with the micro account trading!
  20. E

    Who is participating in forex market trades?

    Please don’t waste your time by using Forex signal service; most of the signal service is full of scam! If you want to be a real performer, then build your own trading skill by learning Forex! There is no shortcut way in Forex!
Top