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reggae
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Posts by
reggae
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Forex
in
New Traders
Oct 30 at 05:25
Book won't help you that much, it just give you a mindset of what trading is going to do to your brain. Might as well gonna suggest you to go through the online course such as babypips and investopedia. don't ever go for paid one.
what is your best trusted broker
in
New Traders
Oct 30 at 05:24
I’d say pepper stone, fx view, ic markets and hot forex are some of the trusted broker
How to choose a trusted forex broker?
in
New Traders
Oct 30 at 05:24
Nice read, I'd say pay attention to their regulatory bodies and testing on demo account to see how the trading conditions are.
1:200 leverage
in
New Traders
Oct 30 at 05:22
Like I said earlier, using high leverage as a newbie is a quick way to blow up your account. Trust me, it’s so easy to lose everything before you even get started.
"What’s your biggest challenge in risk management?
in
General
Oct 23 at 11:24
Emotion has always been my challenge, I am still working on it.
Forex Regulators and Licenses
in
General
Oct 23 at 11:24
Nice one. Some broker are worth trying, especially when they are regulated such as pepper stone, ic markets, fx view, hot forex market, bd swiss, and xm
price
in
New Traders
Oct 23 at 11:22
Nope. It is a free community for all of us to share thoughts, ideas and other things
I am new to Forex and I am about to start my first trades.
in
Experienced Traders
Oct 23 at 11:22
First of all, do not ever use 1000 leverage especially when you are new to forex, that's ridiculous. I mean, think about how much you are going to lose if this does not goes the way you want it to go.
1:200 leverage
in
New Traders
Oct 23 at 11:21
If you are new, stick with 1:10 or even less. Else you know what leverage you have to consider if you are already experienced :)
Good broker is needed
in
General
Jan 25, 2023 at 06:14
Always go for regulated broker, along with that, make sure to pay attention to their term and conditions so that you are aware of what you are getting into with those broker.
The fear of losing opportunity
in
General
Jan 25, 2023 at 06:06
Just like fomo, but it is best not to feel like that. Like the user above me said, don't let it cloud your judgment and stick to your trading plan as always.
Is it better to invest or save money?
in
General
Jan 25, 2023 at 06:01
I suppose that saving should be more because those can be beneficial for emergency cases. I am not sure about 50-50 like that guy said.
lost
in
New Traders
Apr 19, 2022 at 11:07
Loss can be easily managed if you pay attention to what you should be doing in trading.
7 Benefits of using stoplosses
in
General
Mar 04, 2022 at 11:34
I know few but wow this list should come in handy if someone will keep pestering on me that stop losses is not that as important as it sounds.
Are there brokers with no withdrawal fees?
in
New Traders
Mar 04, 2022 at 11:32
There are few brokers (fxview, tickmill and xm) that I know are not charging any fees for both deposit and withdrawals. Although their minimum deposit varies from $5 to $100. If you want a lower deposit, look for fxview and xm. Plus, usually when you find a broker saying no commission, you will also notice that the spread markup will be higher than the usual, so better to avoid that if you want tighter spread.
How much Important of Leverage for Trading
in
General
Mar 04, 2022 at 11:32
If you are aware of what and how to tackle the leverage with a proper strategy, then it can prove to be very useful to your trading. Else, you will be expecting a wipe out from your account. So be careful of using them if you want to make sure to keep up with the market trend.
How much should you invest in trading
in
General
Mar 04, 2022 at 11:31
The best way to think of how much you can invest is how much you can afford to lose. That way you will be able to buckle up and start trading the right away knowing that these are the very exact amount that you do not want to lose.
By trading we can make
in
General
Dec 10, 2021 at 08:36
You said just what i was just thinking. Traders, especially beginners, have such a high expectations when it comes to making bucks.
Broker ECN (low spread) Cents account.
in
General
Dec 10, 2021 at 08:35
Check fxview, their ecn account has commission of just $1 per side
Some of the traders who fail
in
General
Dec 10, 2021 at 08:33
Unrealistic expectation when it comes to trading is one of the reason, I must say
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