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ele020
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ele020
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what kind of spreads do you look in a broker
in
General
Mar 31, 2021 at 10:51
I always prefer tight spreads or raw spreads over fixed spreads. It helps me to keep up with my profits and not let the spreads eat huge chunks from my gain.
Fundamental analysis will always
in
General
Mar 24, 2021 at 10:32
Thats true... One cant simply wake up in the morning at begin trading without having knowledge regarding fundamental analysis. A trader needs to be up to date with major market events.
Points Vs Ticks Vs Pips
in
New Traders
Mar 23, 2021 at 06:53
You are most welcome! :)
Points Vs Ticks Vs Pips
in
New Traders
Mar 22, 2021 at 11:35
We all come across these three terms daily when trading. Many newbies tend to interchange these for each other. I have tried to explain in the simplest way possible.
New Trader
in
General
Mar 18, 2021 at 07:00
I agree with your advise.
Newbie looking for guidance and support
in
New Traders
Mar 16, 2021 at 09:53
You shouldn't be following any signal until and unless you have enough basic knowledge regarding the market, fundamental and technical analysis. Its better to spare some time on learning the key concepts of trading analysis.
Don’t Let Your Emotions Dictate Your Forex Trading
in
New Traders
Mar 16, 2021 at 09:51
When emotions enter trading, you start losing.
In trading consistency is important
in
General
Mar 16, 2021 at 09:49
Yes, consistency is important as assures that you are not running out of your capital. 2 loss days with 3 profits days in a week is surely okay but continuous losses for 3-4 weeks indicates something is wrong with your strategy.
What is fast forex scalping?
in
General
Mar 16, 2021 at 09:36
Along with all the factors you mentioned, one should also be careful for the spreads which definitely widen during news releases.
Becoming a scalper
in
Experienced Traders
Mar 09, 2021 at 05:08
I dont think its a losing strategy if done after proper tricks and tips.. Off course its trickier but we cant just name it a losing strategy.
Becoming a Forex Expert requires
in
General
Mar 08, 2021 at 06:12
I 100% agree with you.. This skill cannot be obtained overnight it comes with experience, practice and dedication.
How can we find a reliable platform?
in
New Traders
Mar 04, 2021 at 06:03
This comparison website is good.. You can use it for your reference https://comparebrokers.co/compare/united-kingdom-brokers/
What is fast forex scalping?
in
General
Mar 03, 2021 at 07:16
Thats a good scalping strategy..... Short profits just get eaten up by spreads when you are scalping
What is fast forex scalping?
in
General
Feb 23, 2021 at 07:06
You are right regarding the traders capacity but a broker does play a role tooo... For example, if your broker is charging high spreads how can a trader scalp successfully?
what kind of spreads do you look in a broker
in
General
Feb 22, 2021 at 04:48
Do you have any broker in mind offering such a trading environment? I also prefer low spreads but if low spreads come along with low commissions its like a cherry on the cake
Timing is important
in
General
Feb 18, 2021 at 09:27
Here in forex, good timing generally means carefully entering and exiting your trade. Technical analysis helps to ascertain the entry and exit levels.
Becoming a scalper
in
Experienced Traders
Feb 16, 2021 at 09:47
Though scalping is the last trading style i would opt, tight spreads and low commissions are a must when it comes to scalping,
The get rich analogy
in
General
Feb 16, 2021 at 09:45
Rightly said mate..... Trading looks quite fascinating from far away and attracts many newbies. They jump in with huge money and move out empty handed in the end.... It requires proper forex education, market updates, practice, dedication and determination.
Best currency pair for trading
in
New Traders
Feb 09, 2021 at 06:19
If you have started trading then, EURUSD is the best currency pair to begin with.
Placing stop loss
in
General
Feb 08, 2021 at 06:11
its not even that difficult, yes it does involve a couple of factors to consider like, the extent of loss you are willing to bear, what are the ongoing spreads, a stop loss should never be so tight that it gets no space to breath and even a slight movement in the price triggers the stop loss level.
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