Recent content by ellisdelgado

Hey everyone, I came here to see how everyone is doing. It’s been two years since the pandemic started. I don’t see an end to it. We have all learnt to live with it.

Don’t use the scalping strategy as a beginner because you lack the experience that is needed to use the scalping strategy. Also, avoid signals because you are too new to determine if they are coming from a genuine source or are just scams.

Great tips, especially those discussing trading conditions, commission fee, and market orders. I especially paid attention to those two points while choosing my broker (turnkey forex). Going well so far.

If you read about trading forex, it will seem easy because you may think that all you have to do is buy a currency pair at a low price and sell it at a high price. But the market fluctuations are so fast that you may miss important trades in a blink of an eye. So, better demo trade to know how...

For those who have never traded or traded without knowing it, often compare it to gambling. They are those people who start trading just to get rich and when nothing such happens, they start blaming the market. But ask those who have been learning and practicing day and night to make their...

I think fundamental analysis works great in most trading situations as you get to know about the overall scenario of the market and whether an asset is worth taking risks with or not. Along with that, you can also make use of technical analysis to decide how you wish to react to the information...

Stop loss is meant to help you save your money by not letting you lose more than you can afford to lose. And it’s obvious that if you will be able to protect your capital, you will be able to trade for a longer period of time. Depending on the stop loss you are using, you can open your trading...

I believe educating yourself is the most important point out of all these because it sets the basis for everything that you will be doing in the market. From choosing the right leverage ratio to deciding how much you should risk per trade, your forex education helps you make profitable trading...

What I like the most about forex trading is that I can do it how I want to do it! I don’t have to follow a particular set of rules. I can build my own rules to trade and make money. As I am not even answerable to anyone whether I make profits or losses, it gives me the financial freedom I had...

Yes, right. Stop loss is a great tool to limit losses. While you cannot avoid losses completely, a stop loss can help minimize the risk exposure and hence, help you avoid losses to a great extent.

A beginning trader has a lot to do in his career. From learning what to do to avoiding what they shouldn't do, they need to learn to make so many important decisions! The more they trade, the more they understand the market and hence, find more ways of making profits.

I don't think anybody in today's time would actually not use crypto for funding their accounts. The withdrawals are much faster and there's no verification of any sort that is required.

Learning to accept losses is the best thing a trader can do. No matter how good you are at trading, if you get triggered after making losses, you need to learn to improve. You have to keep in mind that the money that is lost in the forex market is lost forever. If you try to recover it, you may...

There are a lot of forums which are used to discuss the forex market such as Babypips and Forex Factory.

Scalping requires one to have an excellent trading strategy. Traders need to have a good sense of indicators like moving averages, RSI, and ATR signals for scalping and other short-term trading. T/P order is also helpful in minimising losses.