Recent content by diabolique

Yes, I know what leveraged account is, but newbies should stay away from such accounts as leverage is not meant for them. They should focus on understanding the trading before starting to trade and that too using leverage.

I consider broker with responsive customer support as I trade commodities intraday.

Low fee and thin spreads are must-to-have in a broker. Other criteria that you can look for in are low deposits, fast execution, and quick pay outs.

In scalping, trade execution speed plays the most important because scalpers bank on minute movements occurring in the price of pairs, so if their trades aren’t executed at their desired level, then the whole point of scalping is ruined.

Great piece of advice for beginners. It will also help to control emotions and learn the value of patience. Also, it is important to know that forex is a long lasting source of money so do not follow any shortcut because it will only lead to losses.

Forex drawdown is a way to calculate risk management by assessing how much risk a trade possesses. Traders commonly calculate the drawdown of a trade in order to make a strategy and know how much is the risk to reward ratio of the trade.

How many cryptocurrencies do they offer?

I think that copy-trading is a nice strategy for beginners. But learning the nuts and bolts of trading is the key so that it'll help you know how you're moving and what you're doing. Of course, forex is very unpredictable, and even the experts might lose money. It's a nice strategy overall, but...

That’s some good information here. Many might fall prey to the fact that forex makes people rich. But that’s the biggest mistake they make. They need to learn about the nitty-gritty while entering this market because it’s not a regular 9 to 5.

Crypto is not the safest currency; it is dangerous, and its extreme volatility and required close study. Traders should be careful in picking and trading cryptos.

Because the outcome is unpredictable, many people believe forex trading is similar to gambling. Forex trading, on the other hand, is carried out with great caution. Unlike gambling, forex trading has its own set of rules and regulations to follow. Gambling is completely dependent on luck.

I’m also planning to change my wallet. What is the fee structure at capital wallet? And, is it safe?

Thanks to demo trading, it’s no more a hassle to find the right broker. The brokers that have low minimum deposit requirements help you get an understanding of the market and their features without you having to take big risks.

No doubt, drawdown is indeed dangerous. I restrict my trading activity whenever there is a high drawdown to prevent losses.

Hello there, and welcome. I hope you enjoy your stay here, and share some helpful trading tips from your personal experience as well!