Recent content by Mdraghib

  1. Mdraghib

    What are the risks of using free Forex trading bots available online?

    Using free Forex trading bots available online can seem tempting, but they come with several risks you should be aware of: Lack of Reliability: Many free bots aren’t properly tested or updated. They may perform poorly in real market conditions, leading to unexpected losses. No Customization...
  2. Mdraghib

    What is the process to open a Forex trading account in Dubai for residents and expats?

    1. Choose a Regulated Broker Pick a trusted broker licensed by DFSA or global authorities (FCA, CySEC, etc.). 2. Sign Up Online Register with your name, email, phone, and country of residence. 3. Verify Your Identity (KYC) Upload your Emirates ID or passport and proof of address (like a...
  3. Mdraghib

    Can I start Forex trading with zero trading knowledge?

    Of course not. If you're just starting out in forex trading, jumping in without proper knowledge can lead to significant losses. Forex trading isn’t child’s play—you need to take the time to learn the basics first. After that, it's important to gain some experience using a demo account before...
  4. Mdraghib

    What are the most reliable Forex trading platforms available in Dubai for beginners and experienced traders?

    If you're in Dubai and looking for a reliable forex trading platform, here are some of the best options for both beginners and experienced traders: Exness – Easy to use, low spreads, and great for all levels with a demo account. XM – Beginner-friendly with free tutorials, webinars, and solid...
  5. Mdraghib

    What is a trading pair, and how do I use it?

    A trading pair is just two currencies you're trading against each other—like EUR/USD, which means the euro vs. the US dollar. The first one (EUR) is what you're buying or selling, and the second one (USD) shows what it's worth. So if EUR/USD is 1.10, that means 1 euro = 1.10 dollars. How do...
  6. Mdraghib

    Social Trading: The Future of Collaborative Investing in 2025

    The way we invest is evolving and fast. In 2025, social trading is no longer a buzzword it’s a powerful tool that’s changing how both beginners and seasoned investors approach the markets. Whether you're into copy trading or diving into online gold trading, the social aspect of investing is...
  7. Mdraghib

    Why are we using MetaTrader 4 for CFD Trading in 2025?

    If you're thinking about diving into CFD trading, there's a good chance you've heard of MetaTrader 4, or MT4 for short. Even though this platform has been around for years, it’s still one of the most popular choices among traders—especially those trading CFDs. So why are people still using MT4...
  8. Mdraghib

    What is a currency pair to avoid when trading in Forex?

    Beginners should avoid exotic currency pairs like USD/TRY (Turkish Lira) or USD/ZAR (South African Rand). Why should you avoid these pairs? Low liquidity (harder to trade) High spreads (more costly) Very volatile and risky It’s safer to trade major pairs like EUR/USD or USD/JPY.
  9. Mdraghib

    EUR/USD Market Analysis

    What I do with these charts? I know how to see chart.
  10. Mdraghib

    How does leverage work in trading, and why is it risky?

    Leverage in trading means you can control a large position with a small amount of your own money. It's like borrowing money from your broker to increase your buying power. For example, with 1:100 leverage, you can trade $10,000 while only having $100 in your account. It sounds great because...
  11. Mdraghib

    How do I use technical analysis to improve my trading strategy?

    Start by learning to read charts and spotting trends. Use tools like RSI, Moving Averages, and MACD to find good entry and exit points. Keep an eye on support and resistance levels to know where price might bounce or break. And don’t forget always pair your analysis with smart risk management...
  12. Mdraghib

    Is trading leverage harmful for traders?

    If you want to know about what is leverage? and how its work so you can go through the given link.
  13. Mdraghib

    Gold weekly Price Action

    Gold prices edged higher in Asian trading on Friday as the U.S. dollar weakened ahead of key payrolls data. However, gains were limited due to easing trade tensions between the U.S. and China. China signaled openness to trade talks but emphasized the need for sincerity and the removal of U.S...
  14. Mdraghib

    EUR/USD Market Analysis

    If you want to learn more about how to trade the EUR/USD effectively, we recommend checking out this detailed guide by Exclusive Markets: How to Trade the EUR/USD Pair. It’s a helpful resource packed with tips and insights.
  15. Mdraghib

    How do beginners manage risk in trading?

    I agree your points For beginners, mastering risk management is one of the most important steps in forex trading. Start small, use stop-loss orders to limit potential losses, and never risk more than 1–2% of your capital on a single trade. Diversifying your investments and avoiding overtrading...
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