Recent content by Homostone

Hello there! Good to hear from you. Feel free to share your trading experience.

Pips are a very important concept. A strong risk management consists of a wise usage of pips. For beginners, it is generally suggested to keep risk: reward as 1:2 by keeping stop loss at 15-20 pips and take profit as its twice.

Crypto trading is good for someone who knows how to play the volatility. I'm also trading a couple of crypto CFDs (btcusd and ethusd) with fxview. Scalping works best for me and I exit as soon as my trades hit the target profit. Crypto trading tends to be riskier, so one has to choose the...

Trading on the forex market is a profitable business in general and you can definitely see it as a job. Months and months of practice are required to gain the confidence and skills. Proper planning and scheduling are also very important in making the forex routine run smoothly. However, you...

Trading can be really difficult for those who do not control their emotions. Emotional trading can lead to losses which are hard to recover in the future. Therefore, traders need to understand that they have to work on their emotions before they start to trade. Plus, practising risk management...

The forex market demands knowledge that many beginners do not have. This, combined with unrealistic expectations, create a state of chaos and loss for them in the forex market.

Hi, welcome to the forum! Share your thoughts and ideas here. Good luck!

No matter what you watch or read, the best way to learn forex trading is to use a demo account. Demo accounts are the perfect way to learn forex trading. They allow you to trade without risking any money, and they are also very user-friendly. You can start trading as soon as you have a working...

Very basic but valuable post! There are a few things that you should keep in mind when it comes to forex traders. The first is to always be aware of the market conditions, and second is to carefully study the different strategies that other traders are using. There are a number of different...

Absolutely, regulation has been my main requirement too, but not at the cost of trading conditions. Was lucky enough to find fxview and fxpro, which are reliable as well as offer good conditions to trade.

The forex market is no doubt a complicated and risky venture. It is extremely volatile and unpredictable, and it is not for everyone. Understanding and studying the fundamentals of the market allows a trader to profit. Only after having sound knowledge of the market, it becomes simple.

Welcome to the community my friend. Feel free to ask anything.

Welcome to the community. Please share your trading experience and knowledge with us so that many new traders get to learn from an experienced trader.

Welcome to the forum and looking forward to your tips on price action trading. Indicators are useful but they aren’t 100% reliable all the time. So, it is good if beginners learn to analyse the market first before entering a trade. Feel free to share your experience and insights with us.

When you start with a readymade strategy, you get an idea of what it lacks and what you would need to add to it to make the most of the market. By doing this, you don’t just get an idea of the live market but also get to know that no strategy works accurately all the time. You have to work on...