to learn about forex there are so many videos and articles available, which you can read and can get knowledge about forex.
I agree. scalping is based on the technical analysis.
If we open a trade of buy & sell on the same limit. We can close the trade according to the profit and loss irrespective of the order we opened them.
I mostly trade with major forex pairs only. I like EURUSD
Market is very volatile and you don't know how it's going to play. You just need to be disciplined and constant.
I totally agree with you. discipline really helps with the trading.
you need to make your own strategy. you can do the demo trading first to build up your strategy and can learn more.
after seeing these posts , just registered for a demo account, will keep you guys posted on the experience
the choice of leverage is totally up to the trader. as per my experience I think the lower leverage doesn't cause any harm.
Demo accounts helps you to understand more about the live trading because it is the exact replica of the live account and one can practice in demo...
The demo accounts are same as live accounts so that one can practices on the demo and familiar to the platform and conditions while going live.
a newbie should start with the lower leverage because the leverage can amplify the magnitude of your profit and losses.
I agree so you need to have the strategy according to your choice of time frame.
if you're having profits so eventually you will have losses as well. however you can you can manage your profit and losses
you can use any timeframe as long as you have a proper strategy to proceed with the trades.
Market is volatile and it can change and it depends on the economic event happening around the globe.
You need to keep an eye on your trade and market can be volatile. 12 pts is good however, you can aim for 10 pts.
The volume plays a very salient role sometimes due to high volume one can also face slippage while trading.
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