Recent content by quidsworth

A good risk management strategy helps you minimise loss discreetly so you don’t end up blowing your account. Stay focused and place stop loss if you’re a beginner, learn tricks so you rely on nothing but your own skills.

Hi there! Welcome to this forum. Hoping you learn and share thoughts here. Cheers!

Most essential tips and very nicely explained. These are also basic tips that one needs to follow throughout the forex trading journey to make it to the long run.

Thank you for your comprehensive and wholesome explanation. You covered all the points very well.

Your knowledge along with the market understanding can help you in not being greedy. When you know the market, you know what moves can lead to what results. You won’t even expect anything that is easy to achieve in the forex market.

I think what matters is the trading conditions offered by the broker, although I’m using a regulated broker (fxview) but my reason for signing up with them was lower spreads and commission.

If you’re trading forex then you should be aware that without taking risks you can never gain profits. Risk is an inevitable part of a trader’s journey and cannot be fully eliminated. However it can be reduced by certain risk & money management strategies. If you cannot take risks I would...

No one can fully eliminate losses from their trading. The main step to prevent losses is practice. You need to practise well and gain a lot of experience. You can minimise losses by a proper strategic plan, proper risk & money management, and by using stop loss. Also, to know your exit and entry...

Hi. Welcome to this platform. Good luck with your trading journey.

Forex trading has many benefits, from flexibility to high liquidity. But it also has high risk. Before diving into the market, trades should practise on a demo account and proceed accordingly.

Hello. A warm welcome to this community. Best of luck with your trading.

I’m glad that you have included all the vitally important things that every trader should look for in a broker. I think the brokers that stand true to all these factors other than Pepperstone are Fxview and Fxpro.

A post worth reading! Trading can feel like a dead end, but after reading these stories, I feel confident and ready to put in the more work.

Thanks for sharing the list. I took some courses on Udemy myself. But I think all traders should start learning trading with free courses. I once saw a guy ranting in a forum about a course that he had bought for $4000. I am not saying all courses are bad. However, money has a value! When you...

Emotions define a being and it is obvious that they will reflect in your trading. From greed, anger, hope, frustration, revenge, to fear, there is a whole tornado of feelings that one encounters while trading. Like tornadoes can cause destruction, emotions too can ruin your trading. So it is...