Recent content by GlenWest

A beginner's goal should be to learn rather than to make money since if you're preoccupied with generating money, you won't be able to focus on what's correct and what isn't. Educate yourself and don't hurry things since becoming a profitable trader takes time. Gather as much data as possible...

Heya, welcome to the community. Enjoy your stay here, and I hope we can get some useful tips about trading from you.

Well explained. Forex trading can be tough for beginners, but when they practise hard enough to learn all important skills, a beginner trader can start making decent profits.

Many traders find this strategy profitable but it isn’t easy. It works after the price goes higher in momentum. Traders use this breakout as an entry point. If traders don’t have enough knowledge on how to read support and resistance lines, this will become a task and can also blow your account.

The negative balance resulted in loss of money making Hedging very risky. The losing lot holds the negative balance from the other lots which results in you losing even more than normal.

Hey! Welcome to the forum! Wishing you all the luck. Cheers!

This is a very informative article! It helps in monitoring the trading performance, and comparing fund performance.

Hello and welcome to the forex forum! Nice to meet you and hope to see more of you on this forum.

For a beginner, $100 is a good amount to start with. I started with the exact same amount with turnkey forex. You can earn with $100, but don’t have high expectations because the rapid movements of the market can turn profits into losses if you are not being careful.

That is accurate, it is not impossible but it requires hard work.

Glad that you shared this post. Traders need to know that they are not gamblers and they will have to learn to become successful.

It's not right on the trader's part to believe anything they hear about or see on social media. I mean how someone can believe that there is free money in the forex market.

Forex scalping is a trading technique that requires you make fast analysis so that you can execute several trades in a single day.

I won't say that copy trading would be a perfect start for beginners since they will not know what the trader is doing. It's better to learn and trade manually for sometime before choosing a trader to copy their trades. At least, you will know what is happening.

Benefits of 'stop loss' 1) They're triggered automatically 2) They can prevent big losses 3) They can help traders to become disciplined.