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Anyone know Zero or fixed spread broker?
v
Skúsení obchodníci
Dec 27, 2021 at 07:05
Guess it all comes down to how liquid the market is at a particular time, but even in the most active hours I have never seen 0 spreads
METHOD OR DISCIPLINE?
v
Obecné
Dec 16, 2021 at 04:26
This question be like “ Whether heart is more important or blood?” You need a heart to pump blood and blood is needed to bring oxygen to all parts of the body and you need both to basically keep yourself alive. In the same way you need a method to take right actions in your trading and without discipline you can’t follow your method. Both things go side by side to make trading successful.
Greed is when your expectation
v
Obecné
Dec 16, 2021 at 04:11
Greed is one of the primary reasons why new forex traders fail. They want to make quick bucks and in the end lose what they even had in the first place.
Anyone know Zero or fixed spread broker?
v
Skúsení obchodníci
Dec 14, 2021 at 11:01
I don’t think any broker actually provides you with zero spread, surely not fixed spread ones. But yes, there are many of them that offer a spread that is near to zero. I trade with finprotrading and have got spreads as low as 0.2 pips with them.
Forex Traders In Bangladesh
v
Noví obchodníci
Dec 10, 2021 at 08:59
Welcome to the forum Ronald
Some of the traders who fail
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Obecné
Dec 08, 2021 at 07:20
The problem with many traders is that even after knowing their weak points, they fail to admit that they were wrong or they don’t know enough. ‘I am always right’ kind of mentality can be really detrimental for a trader. It is not possible even for experienced traders to always be right. Those who are willing to identify and correct their mistakes are the only ones who can become a better trader with time.
Part time trading
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Obecné
Dec 08, 2021 at 07:09
Forex is a good way to supplement your income but it is a highly risky profession and you never know whether you can make profits or not. Therefore, I consider part-time trading safer and better. Moreover, when you are not completely reliant on trading for your daily expenses, you don’t stress much about making profits and can concentrate better on the learning process which is essential for long term profitability.
7 Things to Know to Become a Successful Crypto Trader
v
Krypto
Dec 06, 2021 at 06:36
I agree with all the points except the last one. New traders often take such tips as a license to over-trade. Rather than placing multiple trades, you can devote your time on analysing fewer trades properly so that you can earn a good profit from that.
Does bitcoin still holds stronger than stocks?
v
Krypto
Nov 16, 2021 at 04:16
The power of blockchain technology is still not unleashed fully and we can expect the prices of bitcoin touching the sky.
Those who can't learn will be eliminated by the market
v
Skúsení obchodníci
Nov 15, 2021 at 07:24
The market is ever-changing and you have to keep moving with it. If you think you will be good even if you don’t do anything, you might not be able to survive in the market. You have to keep updating your knowledge and your trading plans to ensure that you don’t lag behind.
zero spread brokers needed
v
Obecné
Nov 11, 2021 at 11:01
It’s not easy to get zero spreads from any broker. But I think the spreads I’m getting with FinproTrading are decent - average 0.1-0.2 pips.
How to answer what do you do for a living?
v
Skúsení obchodníci
Nov 08, 2021 at 05:49
For someone who has never heard of forex trading, it can be really difficult to understand what it is and what a trader does to make money. Now that you have to tell someone about what you do, I think it should be up to the extent you will be able to make them understand. You can tell them about some good websites for their reference if they show more interest.
Becoming a Forex Expert requires
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Obecné
Nov 03, 2021 at 05:01
To become an expert forex trader, all you need is a pile of books, plenty of forex trading websites on your bookmarks, and videos on your laptop. Staying updated on a daily basis regarding the forex market and economic news is the "Mantra" to becoming an expert.
How long it takes to learn
v
Obecné
Nov 02, 2021 at 06:10
Depends on your learning ability and how fast you can grasp the information related to trading. Traders should always concentrate on the process of learning, and remember it is not a one day job, you need to keep on learning on a daily basis. Stay updated and enjoy the trading journey!
Most traders don't get success
v
Obecné
Nov 02, 2021 at 05:58
Traders with unrealistic expectations about how much money they can make through Forex trading often end up quitting the industry. They don't get success because they don't have enough knowledge of the basics. One of the most important things you need to learn is managing your money and using a trading plan while trading.
How much should you invest in trading
v
Obecné
Nov 01, 2021 at 04:45
Instead of investing a big amount in forex, one should slowly increase the investment amount with time. That is because of market volatility and the risk involved in trading.
Confidence is very important
v
Obecné
Oct 29, 2021 at 06:17
Confidence and patience are the two most important tools for successful forex trading. Without confidence, people will make hasty decisions, which will lead to losses.
Customize your strategy
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Obecné
Oct 29, 2021 at 06:12
A trader should know when to get out of a trade. A trader should be able to cut their losses quickly, knowing that they’ll also have the ability to bounce back quickly. Always customize your strategy to fit your personal needs.
Which forex platform we can consider for demo trading?
v
Noví obchodníci
Oct 28, 2021 at 10:00
Yeah agree with all. Demo is the best way to start trading, i started my trading journey with Finpro Trading demo account. It hardly takes 5 minutes to start. For trading platform you can choose mt4 with them. Good luck
Risk/Reward Ration-Why you should master the Act.
v
Obecné
Oct 27, 2021 at 03:56
In order to manage the risks and save the trading capital, risk/reward ratio is vital to use. The optimal RR ratio differs widely among different strategies but a ratio of 1:3 is generally considered good for all the traders.
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