True that! It is important to regularly evaluate and adjust risk management strategies to ensure they continue to be effective in changing market...
Trading is a popular way to make money in the financial markets. There are many ways to participate in trading, including manual trading, copy...
Effective risk management involves setting stop-loss orders, diversifying portfolios and using leverage responsibly.
Yes me too. It is quite informative.
TBH I don't have enough time to trade on my own and because of that I have been copy trading on a few platforms for some time. As you mentioned, I...
Expecting big amount of money without enough preparation is very common mistake traders make.
True! You shouldn't ignore losses instead, you should learn how to deal with them effectively to avoid repeating your mistake.
Indeed! Copy trading is a profitable approach that enables beginners to make profit even if they have no prior experience in trading. The concept...
I prefer EURAUD as it is a volatile pair.
As a new beginner, started out with demo accounts and then using lower leverages went for micro accounts.
Being a new trader, I think GBP/USD.
As a new trader I started with 1:30x.
I have always learned from losses. I don't think we should ignore them but rather work on it. Also, to get the hook, you must first invest more...
When I was a newbie, my biggest challenge was I wouldn't know when to stop trading. But now I have set my trading rules and I follow it
Trading professionals must establish guidelines for when to take a long or short position when trading.
The one with transparent trading conditions and low trading fees. Also robust trading software.
I usually choose go for broker that provides tight spreads and low commissions.
No matter where you trade, diverse trading strategies and tactics apply depending on market volatility. So Keep your fundamentals solid and then...
A demo account is a useful tool for practising trade execution and strategy testing without having to use real money. Best thing for system...
The dailyfx economic calendars are more thorough and simple in my opinion.
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