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Posts by
williearnold
profits in forex trading
in
General
Jul 10, 2021 at 11:36
Yes, you will be able to generate profits if you have a strategy and you know how to use different indicators and trading strategies. If you don’t, you can first learn and then earn in the market.
Forex trading is for expert people
in
General
Jul 10, 2021 at 11:32
That’s not true. Anyone can trade in forex if they have knowledge and are open to learning every small thing about the market. Experts were also beginners.
All the successful traders
in
General
Jul 08, 2021 at 11:21
If a trader doesn’t lose their base investment in trading, then it means they are already successful in my opinion.
FxMine
in
Trading Systems
Jul 08, 2021 at 11:20
Are these your current trade status in fxmine? It will be easier to understand if you add some more trading details.
Need an advice
in
New Traders
Jul 07, 2021 at 12:15
Both knowledge and practice is needed for doing forex trading. How much practice we do at the initial stage will help to reduce the doubts and dilemmas in the decision making situations of trading.
Forex is a decent business
in
General
Jul 02, 2021 at 09:39
Any job or business which is legitimate in money making is a decent business. Forex involves straight forward business skills and knowledge to make money. So for sure, it is a decent business.
Importance of demo trading
in
New Traders
Jul 02, 2021 at 09:37
Demo trading is not just important for learning forex trading, they actually give the original trading atmosphere which learners can feel for free without risking any real money. Demo trading feature is a gift for beginners in my view.
How much should you invest in trading
in
General
Jun 30, 2021 at 05:53
If you are a complete beginner for forex, then go with very little investments like $10 to 30$ and also make sure to keep your leverage as low as possible like 1:10 or 1:20. Else if you know how trading works and want to make some good returns, you can start with investments like $100 dollars until you feel confident to invest more.
When loss occurs
in
General
Jun 30, 2021 at 05:45
Losses are an integral part of a trading career. You have to accept them if you want to have a smooth trading career. Try improving your knowledge and learning skills to prevent your losses.
Whats Dominan Your Strategy ?
in
General
Jun 29, 2021 at 08:30
I am used to price action strategies and the resistance/support methods. All I focus on are the entry and exit points in most methods.
importance of skills
in
General
Jun 29, 2021 at 08:25
Skills are the basic requirements for every work. Not having enough skills for trading will eventually drop the bar of success and profits. It is always good to train your forex skills before jumping in with big investments.
There are lot of common mistakes
in
General
Jun 28, 2021 at 10:44
I have seen a lot of traders entering the forex market without proper learning. They are often the ones who end up blaming the market for the losses they make.
How long it takes to learn
in
General
Jun 28, 2021 at 10:44
There is no specific time that you need to learn trading forex. It varies from trader to trader. You better focus on getting in-depth knowledge of the market instead of worrying about the times used for learning.
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