Of course not! I have been using mt4 from beginning and quite happy with the platform. Using it on turnkeyforex now, absolutely no glitches with...
You have to make a habit of checking your open positions every day to see the overall condition of your account. Intraday trading needs to be done...
The best strategy for a new person is to create a trade journal. This will help you track your wins and losses and make necessary adjustments....
Price action trading is a type of trading where traders only use price and candlestick patterns to make their trading decisions. This type of...
An economic calendar is one of the most important tools for forex traders. You can find economic calendars on forex trading sites. Use those...
The losses can be controlled by not allowing your emotions and greed to take over. You can limit the loss if you stick with your strategy and keep...
You can start forex trading by signing up with a broker and opening a forex demo account. Here you will trade with virtual currency. However,...
If you are following a strategy that is not profitable for you any longer, you should either change it or build a new strategy on new information....
The best way to find a suitable broker is to know what your needs are and then select a broker accordingly. Like for me lower trading cost and...
Ignoring loss in Forex Trading is not a good idea. Learn how to cut your losses and limit your risk effectively. A trader could have the best...
Every trader's goal is to make the highest profit possible during each trading session. Master a strategy and learn to control and manage...
It depends on how diversification is achieved and the type of trades that are made. Diversification does not guarantee a profit but can help to...
There are many different factors that you need to take into consideration when choosing a Forex broker: Customer Support Tech Support Spreads and...
You can consider a break of a long term trendline as valid only if the price visits that level again and close below it. Additional confirmation...
Risk management gives you an edge on the Forex Market. Traders are willing to take in more risk to earn higher returns, so it is essential to...
You’re so right. You can only have a good idea about a broker trader when you work with them on a live account. Fortunately micro account brokers...
Traders can use demo accounts to test trading strategies without using their own capital. The main benefit of a demo account is that it creates a...
As a beginner in forex trading, scalping may look like a very attractive way to make money. It may seem that you can start with a small amount of...
Statistics and probability are the factors that determine whether you win or lose in forex trading. By studying Forex charts, you can apply...
Before placing the bet, traders need to become more aware of potential risks and determine how much money is at stake. A trader should not place a...
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