i guess the obvious trading is not a get rich quick scheme is one of the not so obvious to many people. New traders always come in expecting to...
Managing emotion during trading is very important as it can prevent you from making mistakes that can be costly. Traders need to develop a good...
when it come to specific forex then i would choose MT4 over MT5 for sure. Alot of forex brokers now are on MT4 anyways.
Demo account is pretty much available for all brokers. It's also a good idea to open a demo with them first to check out their trading conditions...
GBP/USD also a good pair to trade as it's also one of the major pairs.
If you open a micro/cent account then you are allowed to trade at an even lower lot size like 0.01. Those types of accounts are intended for...
That happens probably cause they are seeing a spike in an upward or downward trend and trying to get in without realizing it is already too late...
if you tend to close your order early then maybe it's better to set up a Take Profit according to your R/R and just leave it. The more you check...
well, losses are pretty much inevitable in trading. What is important is how you handle your trading losses and what can you learn from them to...
try ECN broker like aximtrade. They tend to offer a much lower spread compares to normal brokers so you can reduce your trading cost.
if you want really high leverage then Aximtrade offer up to 1:3000, so far trading with them seem fine and withdrawal wasn't a problem so maybe...
i will trade major pairs and gold. Their correlation is negative so if the USD is doing poorly then it is better to start investing in gold and...
i can recommend Aximtrade. They have cent account (micro) and min deposit of $1 so it good for new traders that just want to put in low amount of...
low leverage is definitely recommended for beginners. However, using no leverage in forex will be hard to make any profit or trade unless they...
you should always choose the right forexleverage according to your trading account size. For beginners, i would suggest lower leverage of 1:100 -...
Here some tips i can offer to become a good trader: 1. Developing a Plan 2. Cut Your Losses Early 3. Applying Risk Management Strategy 4....
I hard agree demo is only good to learn how to open your trade or test out a strategy. It's much more beneficial to open a real micro/cent account...
If you ignore your losses then it means you won't learn from your mistakes therefore it will be harder to avoid losing money in forex. Reviewing...
A demo account is definitely a great way to practice but making the switch to live trading is very important as well as trading on a micro/cent...
there are just so many people coming into trading and expect to make easy and quick income then get disappointed when they learn trading is a hard...
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