Well, that is something one has to figure out on their own as they start trading. I entered the market as a scalper but that may not work for...
@Henry520 I agree, currently using small accounts on coinexx as well as lmfx for trying out few small-timeframe strategies. Exploring more options...
Trading consists of losses and profits in almost the same proportion. One must understand these risks before trading and have a positive mindset...
Even though a demo does not guarantee 100% success in trading it is the base of trading.
It is important for trading to learn to trade manually and not completely rely on EAs for achieving success in the long term.
Just stay true to all that you do in the market. You don’t make money easily and you better work hard to analyse the market properly so that you...
The market volatility seems to have increased in the modern world. That may be because of the social media websites making forex so popular among...
I can completely rely on DailyFX and the Forex factory for all the market updates.
There is no trading without risks. If there were no risks, there would not have been any market, no winning traders, and no losing traders. Only...
I tried making a few trades some time ago but I almost burnt my account. It’s not easy to find a loophole in all that is happening. I am staying...
I can’t deny that many traders around the world get to know about forex through Tik Tok. But they better not believe in all that Tik Tokers tell...
Money making activities like forex trading are addictive by nature. No matter whether you lose or win, you want to make more money. This calls for...
Sometimes, but I am into old songs. They can’t be as good as the new ones?
Reading books that help you build good practices and know more about the money helps. It’s all about control and management.
I remember a similar thing happened with my brother. Our dad caught him. My dad talked with him and helped me avoid that. You could try doing the...
Market makers make trading difficult for retail traders. But they are also responsible for infusing liquidity in the market. It is important to...
Many traders make well calculated plans but as they start making profits they also tend to increase the position size of the trade which sometimes...
Chaotic situations in the market are created due to high volatility in the market which is common in the forex market.
Imo, leverage can really enhance the profits provided, the trader is really cautious and knows what he is doing. Or else it can eat up the whole...
The demo account is just for educational purposes and doesn’t guarantee success alone. There is emotional balance which is very important for...
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