Hey, it’s great to have you here. Stay active on this forum to enhance your knowledge. Traders share a lot of updates about the market and general trading that will help you.
Hello everyone! How is your trading going on? It’s been a roller coaster ride since forever for me. The current downward movements are giving a hard time. How are you dealing with the market changes?
Hey, there's no need to spend your hard-earned cash on a course. There is a wealth of valuable information available here. Use it to expand your knowledge and grow as a person.
I'd suggest you can get started with as little as $50 as your starting capital. There are a number of brokers that allow novice traders to participate in the market with a little amount of capital.
The only way to be profitable in the market and in the long run is to have the knowledge and...
For my setup, I like to use SMA (30 as the moving average period) and a candlestick chart of 5 minutes.
I check whether there is an uptrend or a downtrend and, consequently, whether there is a bearish or bullish candlestick. Then I check whether the candlestick breaks through the Moving Average...
The broker I trade with (coinexx) falls under the category of DMA brokers, and yes, they do charge a commission of $1/lot, but minimum requirement to start trading is only $10, plus the spreads are generally low.
The largest and most liquid financial market in the world is the forex market. Before beginning trading forex, newcomers must get a lot of knowledge. Learning will aid the trader in developing a sound plan.
One of my favorite aspects of the breakout technique is its versatility in application. Breakout trading is a great strategy to utilize in any trading style, whether you use intraday, daily, or weekly charts, regardless of the time frame.
You will never get enough knowledge of the market. You will always lack one or the other skill, information, or trick to protect your capital. But if you keep learning with time, you will get better. Don’t get tempted by the results others are getting. Your results may be completely different.
When you are yet to start, you will obviously have to use some readymade strategy. You will even have to make some trades in the market to see what results the strategy gets you. With time, you will find out what changes you must make to your strategy to make better trades.
By joining good forex forums, you'll be in the same environment as other traders and share their desire to become successful forex traders. Forex forums are essential since networking with like-minded people helps you progress more quickly. In addition, forex forums provide new traders with a...
Greed is an emotion that may destroy your trading journey and you could end up blowing your account. Don’t ever take it lightly and focus on controlling it. In order to control greed, you must be focused and have a solid trading plan. Follow the trading plan consistently and avoid over–trading...
It's critical to remember that forex trading is a serious business and shouldn't be viewed as a game. Having a sound trading strategy and learning as much as you can about this market can help you succeed in it.
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