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    Is demo trading valuable?

    Demo accounts are always valuable either if they are used to test any brokers processes or test any strategy before implementing on live account or learning how to trade forex trading.
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    LMFX - lmfx.com

    It's a new token offered by this broker which can be bought from their ICO or through the traderspot in forex trading promotion as well.
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    HotForex - hfm.com

    There are no tips when it comes to the slippage in my opinion, we have to execute the trades keeping these factors in mind so we can create our limit orders keeping the slippage in mind.
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    How many trades per day?

    Agreed with the details that we need to focus on high quality setups and should not go for quantity in my opinion. One better quality setup can be good for the entire week to be honest.
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    LMFX - lmfx.com

    Either trade forex or crypto, i see this broker have both of the options available however it is up to the traders how they make both of these products works for them so if we know how to make money we can do better on both of the platforms.
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    Regulated copy trading platforms

    In my opinion, brokers like hfm, octa etc offers copy trading services however it is better to do some thorough research before choosing the right broker for copy trading.
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    How did you learn Forex ?

    In my opinion, the demo accounts are the best way to practice taking trades and learning how to make money without investing a dime with the broker in the start. These demo comes with free virtual funds and real time trade simulation so we can learn how to participate in the market without...
  8. H

    Why would I trade Forex?

    With a trading volume of trillion dollars if we can understand how to take our share out of this huge volume we can make a lot of money from this industry. However, learning the processes and implementing them properly is the key.
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    Successful traders have

    The main thing is to make a trading plan and then trade it according to the plan keeping a trade journal to review for improvements periodically.
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    HotForex - hfm.com

    In my opinion, the slippage might occur with any broker since market volatility is the main factor so we have to factor in spreads and slippage while executing our trades.
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    Technology with forex trading

    In my opinion, the brokers in forex trading like hfm etc can be the one who provide us with the technology needed to initiate trading in the marketplace.
  12. H

    Knowledge or Broker ?

    Those who never get serious with trading a demo account in start will eventually lose money in the long term since they are not aware of the market conditions and a demo account which comes up with free virtual funds can be helpful to trade and learn from our mistakes without losing any real...
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    Traders will require proper management

    Stop loss can be helpful in reducing the losses before they can blow up the entire account because bad day can occur even in the life of a professional trader.
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    Meditation can help

    I think that the proper meditation helps us in every aspect of life and is not limited with our trading decisions.
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    Any news trader here?

    It is always better to wait for the news release and once everything is settled we can go and hunt for anything which is profitable otherwise the news release can create high volatility in the market sometimes moving in opposite direction too.
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    What countries that have high Forex flow?

    If we talked specifically about the forex traders, then i guess Japenese and traders from the UK contribute more in forex trading than any other country in my opinion.
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    How to choose a reliable broker for forex trading?

    Broker selection is always hard to suggest since there are many brokers in the market to choose while we never know whom we can trust. I think we need to shortlist brokers like hfm, octa, xm, exness, lmfx etc which have at least some good repute in the market. Rest, we need to do some of our own...
  18. H

    why people says forex?

    Just need to focus on learning using a demo account which is similar to the market conditions and comes with free virtual funds so we can develop our trading skills more easily than any other method.
  19. H

    Mt4 trader ?

    Most of the brokers like hfm etc have mt4 since it is most famous trading platform and is easy to use. I also have seen mt5 being launched in the market however i am still using the previous version.
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    What is the best time frame?

    The new traders should look at the higher time frames in start and try to trade those instead of scalping in my opinion.
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