Search results

Trading forex without knowledge is like jumping into the ocean without swimming lessons. Never do this mistake.

So far I have traded with ICM and fxview. Both are good in terms of tight spreads. Though fxview has $2 rt commission and ICM has $6 rt.

FT is still a long time to go. Will think of this in my 50s

Nope! Trading needs patience as when a trader is making trades then he is going through the immense pressure of fear of losing. I think with patience one can think more widely which is very important for a trader.

Forex can a waste for those who are not focusing on learning. Its been now a year to me and year ago I was a new bie but true dedication and learning mindset will let me forward. Everyone should learn from the mistakes and redo the trades next time.

Do they allow crypto trading and how much leverage will I get to trade cryptos? Thinking of trying crypto trading.

Yes, it is the first step for a new bie and must be take note of each thing when doing demo trading.

Yes, learn new things and keep applying the same on demo account simultaneously.

If you have knowledge and know how to make proper use of your skills, then definitely you can win in this market.

Some good ones that are well regulated and have solid trading conditions are Fxview, tickmill and hotforex. You can try them on their demo before going live with any of them.

Making money is everyone's goal but one msut focus on the learning process.

I think if someone is a beginner then he/she should analyse the market on longer time frames.

Yeah man, how long are you into forex trading?

Leverage can bleed your trading account if not used wisely! The more leverage you use, the more you risk, so many professionals limit their leverage to 100x to 200x. Staying cautious will keep you in the game for the long run.

Quite right! Demo trading helps us to tune ourselves on forex. I also do it most of the time on demo (fxview) to test a few strategies whether it will work on live or not. This is a good way to make use of the time in the best possible way when you don't want to trade on live.

Losses can act as catalyst that can push traders into making more trades to bounce back but happens opposite. The very first thing is to control yourself and do not overtrade. Always open a position once you know how much this pair can go against you. Anticipating losses is as imortant as...

True man! Forex needs skills and the one who have, will know when to ring a bell!

Knowledge is the key component of profitable and successful trading. You must know about risk management, money management and emotional management. Along with this, you have to be able to face your losses, learn from them, pick up the pieces and keep moving forward.

Fxview - $2/100k RT Tickmill - $4/100k RT HYCM - $4/100k RT

For most people, it is a dream to make forex trading a full-time career. If you are also one of those people, then, first of all, you should focus on learning more and more about this market. It is not a good idea to start trading forex full-time before gaining proper knowledge and experience...