which currency ?

[Glenn Phillips]

There is anyone who has been using eur/usd and making maxim result by using scalping approach that brings profit very rapidly than others.

 

[sininfinity]

I hope so. Some newbies don't even know they have to be on lookout for such volatility - when I was a newbie I certainly didn't and it caused me a lot of trouble until I learned.

You are not alone. There were times when I felt like I was totally lost in a forest. lol At beginning all of us have faced those kinds of situations. They will happen. The thing is whether we learn from them or not.

 

[Pill Head]

Never tried that I stick to the Major Pairs, it is nice way to deal in, though the exotic pair may works sometimes, but I prefer to have the Majors.

 

[raniya]

I usually trade in major pair. And when trading, I also try to maximize forex analysis and market news which is provided by FXB Trading. Beside that, I also use demo account to more understand more about forex trading

 

[Gerald Davydov]

You are right JPY related cross currencies are enough volatile to use! In my live trading use EUR/JPY, USD/JPY and GBP/JPY! I work in main major Forex currencies! Besides, I am active in Gold and silver.

I have a suggestion. Choose few pairs that you like. Then start researching on them. Every pair has it unique characteristics. By observing charts you can find them. It will take all of time. But it worth giving the time. Everyday observe those pairs for 4 to 6 hours. You will find some unique patterns. After doing this research you will be able to decide your favorite pairs.

 

[lioneld]

Never tried that I stick to the Major Pairs, it is nice way to deal in, though the exotic pair may works sometimes, but I prefer to have the Majors.

Same to me; I am also comfortable with the major FX pairs; in my live trading I am working with only 8 major FX pairs. No way with the exotic pairs at all.

 

[Eduardo Lucchese]

Traders should use micro accounts provided by brokers to evade higher risks in trading.

 

[Oscar Shumack]

We should watch the market from different point of views because it will serve us with a crystal-clear picture over the market. Traders can produce a cogent signal when they use multiple indicators at a time.

 

[Gito Dinev]

Trading is impossible without a platform and that platform should be free of technical errors like slippage, requites and dealing desk.

 

[Nayek Pichai]

Self-motivation is important for traders. You will go bust if you lose your inspiration early.

 

[LouBega88]

Trade any currency you want with a regulated trading broker. To choose a good broker, you have to justify whether the broker is regulated or not. Hence, you can ask those who are already using a broker that how their brokers are.

 

[Gito Dinev]

Scalping has become a trendy trading style because even those who don’t have sufficient trading knowledge can earn more by scalping.

 

[Oscar Shumack]

Every broker provides traders with demo accounts so they can practice. Select your account type according to your investment size.

 

[Bahiya Shinam]

For trading any currency, you need better market forecast. Demo trading helps traders recover their lacking.

 

[Gito Dinev]

Long term trading is a kind of trading hardly favored by traders because it takes much time and comes with high trading risk.

 

[Gito Dinev]

I love trading XAUSUD considering its ferocious volatility. It gives me quick return and that’s why I prefer trading this pair.

 

[LouBega88]

Learning attitude is important because if a trader doesn’t have this inclination, he or she can’t develop themselves with time.

 

[Bahiya Shinam]

To avoid being in a dilemma, you should avoid trading in confusing zones. So, traders have to be cautious about every trade they open. They should avoid trading at uncertain point and lower trading lot size so they risk doesn’t become skyrocketing.

 

[Nayek Pichai]

Forex trading can be a great opportunity for career building. If you are investing in Forex for the first time, you should start with small investment.

 

[Gito Dinev]

Personally, I like gold trading because it gives me quick return and gold is more volatile than other pairs. As I like diversifications, I trade EURUSD and USDJPY besides gold.