Search results

If you run a survey worldwide, you can see that two thirds of the traders are engaged in scalping. It’s because scalping saves your initial time and you can scalp under any circumstance of the market. Those who are not even expert at scalping co rely on scalping and make good profit.

Actually, I do everything before opening a trade. But actually I have nothing to do after opening the trade except supervising it. Even though sometimes I check other pairs and signals from other brokers to compare it with the one I already held to make a judgment.

A market analysis must take place before opening a trade. Hold one’s confidence because market’s continuous movement can shifts a trader’s confidence and lower it down. A trader should set a target point and stop loss point to avoid trading risks. It’s better not to remain in front of the...

In Forex, broker plays its role as an intermediary. There is no way trading Forex without the help of a broker. A scam broker can make your life hell and so you have to give a special focus on broker selection. ECN brokers can be the best choice for a trader.

What I think is a trader must be self-motivated, otherwise he or she can’t survive in Forex. All days in Forex will not go well rather sometimes a trader needs to go through untoward weather. A self-motivated person knows how to handle losses and how to recover from there.

Confusion leads to discourage but sadly to say that maximum of our traders are suffering from the disease. Confidence can dominate over confusion and a trader needs to educate himself with the best trading knowledge to acquire confidence. If it even takes time, don’t worry because the outcome is...

A war is threat to the economy so it creates imbalance and instability. I am very much careful about my trading during the war. I reduced by trading lot size owing to the imbalance economic condition. Otherwise, my trading will face a great slump in the end of the day.

A trader must be passionate about trading and he must not be revenge-oriented. More and more practice in demo account is required for Forex trading skill ignition. Trend-based trading is the best way of trading and for so a trader must earn efficiency in technical analysis.

Forex trading is full of fear and emotion. Some traders don’t even open trades due to fear. Some others open trades in huge lot owing to their emotion. That’s the reason for increasing in the fall-out rate. So, a trader needs to handle his psychology to be a good trader.

No, it’s never possible. Knowledge is compared to hidden gem in forex industry. Without knowledge trading forex is likely to diving in the sea without any swimming knowledge. However, there are a variety of ways by which a person can earn knowledge from Forex.

First of all, check your strategy whether it is okay. If it is okay, then follow it in the condition that it gives you a better output on average. Always seek advice to the experienced traders and take the good from them. And try to recover all your lacking day by day.

New traders need to focus on learn & improving their own trading skill; if you are a new face, don’t try to make money initially! But there is no way to make quick money in Forex! Forex is all about trading knowledge, so as a newbie you should focus on your learning process only!

Hello forum community! In your trading what’s your favorite trading pair? I know, you are using more than 1 currency pair for sure; but tell me any specific trading pair based on your own choice! Thanks in advance.

I see, a number of new traders struggling here because of avoiding proper money management instructions! In my trading, I never & ever take more than 1% risk ratio in my individual trade position & that’s my basic rule of MM! So, what’s your money management rule guys? I’m really interested to...

I see, a number of new Forex trader try to use cent type trading account during their practice session! According to their declaration, cent type trading accounts helps them to be more concentrated in their practice session, what’s your statement on that?

It depends on your concentration level, if you use your demo properly then surely it’ll be enough for you! But if you try to play with your time, then you’ll suffer in your live trading!

I recommend starting with only one currency pair.

Trading is not difficult, but it requires serious investment, skills and knowledge.

To learn and earn money in the forex market, you need to value every second and be completely devoted to your trading journey.

Leverage works great when used properly, but it can also be devastating if used improperly.