Recent content by Racloir

Bollinger bands tops the list for me. It can not only be used as a volatility indicator but also works as a momentum oscillator. Besides providing precise entry levels it even specifies the take profit and stop loss levels. Moreover Bollinger bands are easy to interpret visually.

The list could be a little longer. However, when deciding on a career, consider your knowledge, passion, and capabilities. It will assist you in deciding on your ideal career. You can, however, take advice but must analyse and make a final decision based on your passion and knowledge.

I am trading with AAAFx and XM from the list. Low minimum deposit and good trading conditions.

I appreciate you taking the time to write such a detailed post and sharing it. super useful for me and other traders. Thank you.

It’s not that simple at first, but by giving the process and yourself enough time, it gets much easier to understand the market’s nature. As a beginner, you must gain knowledge and focus on analysing market movement in order to figure out the best time to enter trades effectively. Spend time on...

Hi there, scalping is quite popular amongst many traders. Do share tips for beginners here. Good luck for your future in the market.

There are many ways that pro traders can be identified. One way is to look for a trader who is very knowledgeable about the markets and who has a strong track record of successful trading. Another way to identify a pro trader is to look for someone who has an active Trading account and is...

There are a variety of emotions that can be encountered during trading, but the most common is excitement. This is because it is an exciting and nerve-wracking experience, which can lead to profits or losses.

Traders need to keep their ideas in order and formulate a plan, apply strong risk management strategies and place stop loss in the beginning of each trade if they want to minimise the risk and allow themselves time to learn and grow in the market. Newbies need to practise patience and demo trade...

Thank you for these tips, beginners need to read about the market and how the different factors affect price movements, so when they enter the live market, they are prepared with a firm plan and good risk control methods to prevent risk. Thus, they can earn profits. They should maintain focus...

Yes, it is. But it is important to keep your trading in check as some beginners fall into the trap of overtrading and blow their account. It is true beginners can make money through forex trading but not a lot of it. As a beginner, it’s all about making profits.

The best way to learn about forex trading is demo trading. I was reading and watching a lot of videos when I started trading forex. But once I started trading in a demo account, everything made sense. No matter what you read, trading on a real account is only profitable once you have mastered...

Why not? There are many traders who have chosen forex trading as their full time job and profession. You can also see many part time traders who are working hard to become professional traders later on. So, forex trading can be a highly rewarding career path but the journey towards success will...

Hi Lens, it’s been a while since you posted. Hope you are doing well and would love to know more about your trading journey so far.

Trading forums assist individual traders in honing their skills. Furthermore, they can communicate with other traders and discuss their concerns. This provides them with an opportunity to apply what they have learned and further develop their skills.