That list is a year old, but still very relevant. A couple of additions can be made to it like aaafx and roboforex, both are regulated brokers...
Nope! That is certainly not me!
As a new person focus on analysing your personal preferences in order to pick a suitable trading strategy. Consider your risk tolerance and...
Before starting to trade or even practise on demo account make sure you have gained all the basic knowledge and understanding about the market and...
For being motivated in such a volatile market that full of risks a right mindset is required without which it is impossible to accept the losses...
Prefer demo trading. Do not jump into trading the live market directly.
Getting swayed by emotions is also one of the most common reasons for the failure of the traders. It is very difficult but important to have the...
Imo, traders should prefer trading on both types of accounts. Demo trading should be done to create, develop and test the trading strategy....
Forex is too volatile to be 100% predicted. There are always chances of losing even when both technical and fundamental analysis are done properly.
Traders need to have flexible approach towards forex trading and should be able to adapte to the ever changing environment of the market in order...
Traders prefer to trade with major pairs as they are highly liquid and have less spreads.. Example: EUR/USD, USD/JPY, etc.
In the demo, we trade with virtual money. Meanwhile, live trading helps us in bringing actual profits by trading our real money. Psychology plays...
I read books and watch the economic events for next week. I am currently reading “Think like a monk”.
Always consider your risk appetite while predefining your position size and do not trade with the money that you can not afford to lose.
I prefer trading mostly major currency pairs like EUR/USD and GBP/USD. I have not traded minor or exotic currency pairs till now.
Tracking your trading performance is a good habit and should be inculcated by every trader. It will help you to understand the best and bad areas...
Trading aimlessly, even after suffering losses, could lead to addiction. This attitude is the reason why many traders go broke.Trading aimlessly,...
True! The stat is high, even higher than 90%. Only 1-2% of the traders are successful.
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