Recent content by Absterge

I fear losing due any technical issue on the trading platform so I only prefer a responsive and well disposed brokers.

I’m planning to diversify my portfolio and found commodity trading the most suitable option. My current broker only deals in forex. Right now, looking at gold and crude oil, so can anyone recommend me a broker suitable for trading these and other commodities? I need a broker with tight spreads...

Prepare a list of brokers based on your requirements. You can do it by asking for recommendations on forums or by researching on review websites. Test their demo account and then register with one you find the best.

@Wavemeter This is a great list of brokers. can you share commissions and spreads they offer?

The important points to take care while choosing a broker are minimum deposit requirements, spreads and commission. Withdrawal processing speed is also an important aspect to consider. If you are not sure about which broker to choose, test their demo accounts. This will give you a fair idea...

Bonuses are lucrative. I mean who would mind getting free money to trade. Just check the terms and conditions set by your broker so that you can make an informed decision.

Great tips for new traders who are often confused about what they must look for in their brokers. This can work as a checklist for them to make the right choice.

I don’t think beginners are capable of making the right choice when it comes to finding a broker. It’s best that they go by the suggestions experienced traders share. While you trade, you will start getting an idea of the market and how the broker functions. Later, you can make your own choice.

It is very important to join a good forum. Forums are a great help to new traders as they get to interact with experienced traders and learn from them. It is a good platform to share your thoughts and seek advice.

Forex trading can be profitable for beginners if they learn and understand the forex market properly. There are no shortcuts to success in forex trading. If you are new to forex, then you must spend some time studying the fundamentals as well as technical aspects of trading. The market is risky...

Gambling is like betting which does not involve any kind of analysis. Traders who trade without analysing the market are actually gambling. True trader conducts his/her technical and fundamental analysis before making any trading decisions.

All the information given above is very important. Every trader should know these important things before starting trading. To avoid such scams, prefer demo practice during free time instead of scrolling social media for tips of beneficial trading.

The key to controlling greed in trading is to cut losses and let your profits run. The best way to avoid letting greed get the best of you is to stick to your trading plan. You should have a set of rules you follow, and stick to them like glue. When you follow your rules, all you're left to do...

Forex Drawdown means the difference between the highest peak and the lowest trough in a currency pair’s price movement.You can calculate the drawdown as a percentage of the account equity. If your account is worth $10,000, then a -10% drawdown means that you’ve lost $1,000.

Copy trading is a good idea for traders who can’t dedicate time and knowledge to trade. But they must also prepare their minds for all the outcomes that can result.