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Forex is the biggest financial
in
General
Nov 07, 2022 at 22:53
This one advantage forex trading, we can work from home to making money in financial market, however not all traders will get the same succeed, because each traders having different knowledge, skills also psychology.
Fibonacci
in
General
Nov 06, 2022 at 22:49
Personally, I use Fibonacci manually to draw the line from swing high and swing low on the timeframe, Fibonacci level is used to look for a retracement, this need to confirm from the candlestick pattern in my opinion.
Which according to you raises your trading cost the most?
in
General
Nov 03, 2022 at 22:54
Choosing the broker's low spread I think is a matter in trading, it will give more benefit when trading at a low cost like as getting a zero spread or even a negative spread, it is possible to trade get a negative spread using Ticktrader terminal in FXOpen
Why are some traders successful?
in
General
Nov 02, 2022 at 23:27
A demo account can be maximized to practice seriously, although only use virtual money but remain useful to measure trading skills before live trading, however trading in a demo can't give all trading environment like in a real account, sometimes I use demo ECN FXOpen to practice when no trading capital.
Successful Traders Mindsets
in
General
Nov 01, 2022 at 23:09
Successful trader mindset they having high optimism in every step they made. They can change bad mindset to good mindset and believed if their step always will reached success.
Whats the Best Education Around??
in
General
Oct 30, 2022 at 22:35
I think still many traders learn from babypips is enjoy a place to learn about forex. Then using a demo account to practice.And eventually, the best education comes from experience.
Demo Trading Advantages
in
General
Oct 27, 2022 at 23:16
A demo account can be maximize to learn trading for novice trader looking for the best and suitable trading system, demo account remain free without any risk, however sometimes different working in demo account then working in real account especially about psychology trading, best way to improve better psychology is use real account.
Luck is important
in
General
Oct 26, 2022 at 23:16
Forex trading is a speculative investment, and luck also has a role here, however in trading we can't only rely upon luck alone, here we learn to analyze the market-based support resistance, using chart patterns to predict the price ahead, sometimes we need speed to open and close order, it is not pure relying upon luck.
When a trader is a newbie
in
General
Oct 25, 2022 at 22:28
The number trading capital will associated to the profit result, if traders only start with $100 it is need long time to become thousands dollarExcept trading skills already supported to make one hundred percent profit a day.
Broker Recommendation- low slippage brokers
in
General
Oct 24, 2022 at 21:46
For low spread broker I relying on FXOpen broker, which offer low spread and sometimes I get zeros spread on many trading pair like EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP, and many more, now they also provide contest with theme catch zeros spread on Ticktrader Terminal platform, it is possible to get prize from the contest
For Beginners
in
General
Oct 19, 2022 at 23:25
Money management in my view is about the usage of the position size, and margin requirement, while risk management measures the max risk in every plan trading.
Do you use MT4 or MT5?
in
General
Oct 18, 2022 at 23:29
Now I still use the MT4 trading platform, but I am also trying to use the Ticktrader terminal platform. This terminal platform is offered by an FXOpen broker that offers one account to access all CFD markets,.
Why are some traders successful?
in
General
Oct 16, 2022 at 23:31
I think all traders want to become successful traders, however not all traders can do it and sometimes get failure too, if you get mentor and guide to success, it is possible to make shorter time to success, but learn standalone usually will time consuming
What is the importance of knowledge?
in
General
Oct 14, 2022 at 00:01
In many fields of business, knowledge is important, and knowledge could be obtained by learning, there are various ways to learn and get new knowledge, one of them is reading articles and news, get new update market gives us more insight related to economic indiator as helpo tool in making decision trading
New traders love scalping
in
General
Oct 12, 2022 at 23:55
Scalping trading is a short-term trading strategy, in daily trading, we can make hundreds of trades and choose low-spread trading pairs like EURUSD, EURGBP, AUDUSD, and more. I am use FXOpen broker and sometimes spread get zero
Risky business
in
General
Oct 11, 2022 at 23:56
Trading forex involves risk in every single trade, after throwing an order in the market, we get a floating loss due to charged spread, choosing low spread broker gives more benefits for traders to minimize the risk of high transaction cost, the risk is part in trading and we must accept the risk to avoid revenge
Best Broker
in
General
Oct 09, 2022 at 23:40
There are so many traders maybe still looking for the best brokers based on their preferences, but I already choose FXOpen as my best broker because the company included old company and regulated by top ties regulation agencies, provided many instrument trading and low spread even could be zero, withdraw money smoothly to process.
Is investing in the forex market risky?
in
General
Oct 05, 2022 at 23:54
Yes for sure, this is a risky business, you could lose money in forex trading, however, forex trading is also a very potential business to make profit thousands of percent, but this needs good skills and well knowledge to get it.
Emotion in Forex trading
in
General
Oct 03, 2022 at 23:45
Trading forex under emotional pressure usually will face so many hurdles, emotion in trading should to eliminated to work properly running plan trading based on preference. Maybe not be easy for emotional traders, but in trading, this is very important to keep calm minds and use minds to work.
Demo accounts
in
General
Oct 03, 2022 at 00:50
How to open a demo account a trader can visit the official website of a particular broker where they will trade, or directly they can open a demo account using MT4 or MT5 or Ticktrader trading platform, open an account demo account is very simple.
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