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jonathandaniel
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jonathandaniel
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High leverage , High risk ?
in
General
Dec 22, 2021 at 03:59
Using high leverage can increase the risk of losing. To be on the safe side one needs to play smart with leverages. Using stop loss is one of the tools that one can use to reduce the adverse effect of leverage.
Are you afraid to lose your trade?
in
General
Dec 22, 2021 at 03:50
Fear is a very common emotion that traders feel when they start trading. Since emotions play an important part of trading, avoiding it is harmful. Make sure you do something about it. To gain confidence in your trades, try to start trading with low capital, and after that, you can increase your capital. Trading gets better with time. Don’t stop!
What makes a coinexx better than Hugos Way
in
General
Dec 17, 2021 at 10:21
Both are low spread brokers but there’s a big difference in the commission they charge, it is $2 rt with coinexx and $10 rt with hugosway. Plus coinexx offers mt5 and acttrader platforms as well besides mt4. However it’s best to test them out on a small account, both have low min deposit requirements.
Becoming a Forex Expert requires
in
General
Dec 13, 2021 at 03:56
Persistence. Trading demands time and continuous effort. You learn the most while trading. As a trader, you should continuously learn from your trades, whether you make money or not. Traders who ignore learning practically do gambling.
Basic mistake we make
in
General
Nov 08, 2021 at 05:31
Beginners as well as experienced traders must keep in mind that money is secondary. One must focus on executing trades smartly and becoming a good trader. When we trade with the mindset of chasing money only, we often end up committing the worst possible mistakes like using high leverage and over-trading.
No one should depend upon luck
in
General
Nov 03, 2021 at 04:42
Forex trading is not a luck game because it's not gambling. You need to be educated enough to understand its strategies and market patterns. It’s all about how you learn about forex trading and then implement that learning while trading.
How to recognize a Forex Scammer ?
in
General
Nov 02, 2021 at 04:20
Traders have so many scam experiences, it's hard to believe that we are living in a technologically advanced world and can’t use the internet without a fear of scam.
Demo can not make you well experienced
in
General
Nov 02, 2021 at 03:58
No doubt that demo trading is an excellent way to increase your trading skills, but it can’t fully prepare you for the market. Live trading is different from the demo in many aspects: it requires traders to be emotionally alert with proper risk & money management. With only time and experience, one can become a better trader.
When to stop.
in
General
Nov 01, 2021 at 06:08
A trader should stop trading when they have a bad feeling about the market or their trading plan. Sometimes, this is easier said than done because traders do not want to lose their hard-earned money. However, it is important to remember that losses are a natural part of trading, and the focus should be on risk management rather than chasing losses.
Purpose of demo trading
in
General
Oct 29, 2021 at 04:47
Demo trading gives real-time experience. You can place trades and see how the market responds without losing money. When you feel comfortable enough, switch to real trading with a real account.
METHOD OR DISCIPLINE?
in
General
Oct 29, 2021 at 04:29
Method and discipline are related concepts in the trading world. A method is best viewed as a set of guidelines that you can follow to make decisions about when and how to trade. Discipline is a trait that you need to help you follow your method consistently, and thereby grow a profitable trading business over the long term.
How much should you invest in trading
in
General
Oct 28, 2021 at 05:19
Starting with small lots would help beginners trade more successfully and gain a better understanding of the currency market.
Which Broker to choose for US resident?
in
Experienced Traders
Oct 27, 2021 at 10:41
Coinexx accept US clients, trading conditions are solid.
Can I put a forex chart on my website
in
New Traders
Oct 25, 2021 at 07:25
Yes, it is possible to put a Forex chart in your website, blogs or forum. You just need to embed the real time chart and widgets. There are many trading chart platforms that offer you their embedded link and have plugins to use their real time chart in your website.
Bitcoin future?
in
Crypto
Oct 22, 2021 at 07:59
After examining the current and the historical stages of Bitcoin, it seems like it has a very bright future and will stay here. Maybe we all will witness the moment when it will become the main currency of many countries until fingers crossed.
Best Crypto to Invest in these Times.
in
Crypto
Oct 21, 2021 at 08:31
Currently I would say that these three will be the best choice with current price - Bitcoin : $62,309.90, Ethereum: $3,805.53, Cardano: $2.13. They are rising and will grow in future as well. But when you trade or invest do check their market cap and futures speculations.
7 Things to Know to Become a Successful Crypto Trader
in
Crypto
Oct 21, 2021 at 08:04
In my opinion, all these tips must be followed by crypto traders. I just wish to add a few more: Be patient, Know your target, Understand your needs, do a lot of research and be adaptable with the crypto market situation. All these will help in making the right decision regarding staying for a longer period of time or pull out the profit.
Making consistent money
in
General
Oct 19, 2021 at 06:15
Having the right set of skills and education can make you earn consistent money in Forex trading.
Best Broker for a Newbie
in
New Traders
Oct 12, 2021 at 10:28
A broker with low trading cost is good imo, found coinexx suitable because of its low commission cost of a dollar per lot.
My Favourite pairs
in
Experienced Traders
Sep 30, 2021 at 07:28
My favorite currency pairs keep changing on the basis of the market. If a market is in favour of a certain currency pair and I happen to get an understanding of its movements, it becomes my favorite.
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