Read more, do more research, and create a strict trading plan for a week that you stick to, and then at the end of the week evaluate what works...
So, whether you are a scalper or a long-term trader, you have to think about which broker can work well for which strategy. For me, I noticed that...
I don't believe that beginners always prefer to trade on the basis of scalping. Scalping is a type of trading. To determine the optimum strategy...
The best psychological advice I would like to give is to have a strong mindset. This is what keeps you going long in the forex
Yes, I agree and before going live with them we try to test out our own strategies up there. What do you think?
Yes, forex is a good platform. I have learned so much from forex trading and improved my trading strategies so far.
The advice which works for me when I was a newbie and which I intend to follow till now is to keep learning and never to give up.
Yes, I do consider factors like hedging and scalping while choosing a broker. To be precise hedging is something that protects you from losses...
Traders' common mistake could be a lack of motivation. when you first start trading as a beginner your biggest drawback could be a lack of...
A positive attitude keeps you going in both your personal and trading life.
@tony.m Losing money is bound to happen if you are not concentrating on how you are approaching your trade. Having proper management when it...
Scalping, which focuses on smaller market movements, appeals to me.
Simply put, the difference between demo and live is that in the demo, no real money is involved, whereas, in live, you trade with real money. A...
Spot on, mate! Also, some good regulatory bodies worthy of checking out are CySEC, FCA, FSA, and ASIC. Tho, I am sure there are more out there.
When I first started trading, I was always tracking my performance, which is how I improved a lot in terms of developing strategies and...
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