The most important thing when it comes to choosing a low spread forex broker is to check if they charge extraordinarily high commissions or not,...
Demo accounts make you familiar with the live market conditions. They help you gain confidence in risking your money in the live market. They also...
The brokers who offer low spreads are really a blessing. I don’t think there’s any trader who would prefer to sacrifice his hard earned money as...
I won’t suggest trading nano lots because they don’t do anything more than taking your time and giving you nothing in return. You will be better...
Yeah, they’re quite limited, rare and are pretty liquid as well. I was looking for platforms to trade gold and other commodities but I’m not sure...
A good broker can solve your maximum problems. I have traded with Oanda and I got real market prices.
I’ve been using thinkorswim for both forex and futures and the charts displayed including the software’s technical indicators make for a good...
Yes, have to be careful with the market trend and staying updated is the only option in my opinion.
I follow the correlation indicators and monitoring charts for doing so. Is there any other approach?
Isn’t balancing a diversified portfolio complicated and pricey, keeping aside the low rewards?
Even with stop loss, if you place it too close to the current market price, a small retracement in the price can stop you. I lost a good deal of...
Switch to a genuine broker. The one who gives you low commissions but does not compromise with the spreads and through which you can use various...
That would probably depend upon which indices you are planning to trade since their prices are affected by a number of different factors so it is...
I’ve been trading for quite some time with brokers and have been happy. But, I want to know if I can trade without one.
True that mate. I’ve been going so far with the auto trendline feature. Best part, the lines are colored automatically showing whether the trend...
Determine the strength of the trend line. When I use the trendline feature, I refer to the blue instead of the red. Been trading since years so...
You can add more to this by doing demo trading which is kind of the last step before we come to real trades. It would help us to get real time...
I agree! There is no point in focusing on the irrelevant stuff when clearly there is something more that traders can keep their eye on.
For a better and safe trade, I generally don’t risk more than 2% of it. Been doing alright with this figure so far.
All I can say is that there is no harm in working on risk management at an earlier stage. Why wait till your account is at the edge of the cliff...
Separate names with a comma.