Recent content by PintoFire

The right trading amount varies from trader to trader. It depends upon the trader’s knowledge of the forex market and ability to take risks. Personally, I’d recommend that traders should start small so that they can manage their losses well.

Customer support is an important factor to be considered. Always remember that broker with good customer support is worth trusting. It should be the first factor to be considered while checking the reliability of the broker.

When it comes to commodity it becomes very important to choose the right broker. Prefer shortlisting brokers based on your trading style and try their demo first and then come to a definite decision. Check their online reviews.

I don't have any particular broker in mind as there are many out there. It would be better to test their demo accounts first and then take a call.

Choosing the right broker is very important no doubt, but apart from that, you should also focus on the right time frame and strategy you would use while scalping. Most traders use 1-minute and 2-minute timeframes and as far as the strategy is concerned, then you can choose from RSI, parabolic...

I got your point mate, I have been reading about these cryptocurrencies for some time, and they look good to me in terms of the technology used behind each of them and their past performance (I've been closely monitoring the charts), but I just wanted to be doubly sure.

When your trading account hits a new peak, you take the new lowest point to calculate the drawdown. It is calculated either as a percentage or as a money value.

Hello and welcome to the forex forum. I will be looking forward to reading your valuable tips and insightful comments.

I would like to invest in matic, dot and algo. Are these cryptocurrencies good? And, which wallet? I’ve identified a few like capital wallet, kraken, exodus and mycelium.

Forex trading is done with great care. There are rules and regulations that must be observed when trading forex. Gambling, on the other hand, is entirely dependent on fate.

Firstly, you will face an issue finding a broker that allows copy trading and secondly, you will face an issue with finding a good trader to copy trades. It’s not as easy as you might have heard from someone.

It takes time to believe your broker and that’s completely fine because you will be risking your hard-earned money. Start with low deposits so that you are not risking much while your trades are getting on track.

@somrat4030 Indeed these pointers are very important for avoiding losing money. In addition to these patience, persistence and, clear understanding of factors affecting market trends are important.

A reputable broker would help you whenever there is a trade dispute. They will try to resolve your issues to ensure that you feel safe about putting your money at risk with them.

You better look for a broker that has a good market reputation. A broker that no one has heard about is probably going to prove to be a risk for you.