How much a reasonable
capital for forex? This is a good question and my answer is it not very important how much money you start. The real question here is: What money management plan do you count...
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How much a reasonable
capital for forex? This is a good question and my answer is it not very important how much money you start. The real question here is: What money management plan do you count...
Loss is a part of a forex trader career. You will not make profits every trade you open. Also, you will not lose every trade you open. The question is how to deal with loss? I think you should keep a...
Yes, In forex you can make profit everyday. You need a money management plan and a good trading strategy. But keep in mind that you can't
make {consistent} profit everyday. There is nothing...
Yes, My friend. You are right. I knew some people who funded their accounts and started to trade their real accounts. They didn't get enough training. Soon they lost a big number of their money. Demo...
Usually I set a goal for the week ahead like :I wanna make 200 pips in that week. I start to work as usuall. Of course, some positions win and others lose. Hm that the forex market. Once I achieved...
Hello friend,
I do not like to use too much indacators because that makes me frustrated. I like to use simple method based on support and resistance plus trend lines. I use MA indicator to confirm...
There are many places along the web where you can get all data you need concerning currency pairs movements. For example:this forum is a good tool to get all data you need. Also, many brokers provide...
Well, I don't like following many pairs because that makes me confused. I like to trade EUR/USD the most. I may trade AUD or NZD vs USD. I set my indicaters and draw my trend lines, then I wait till...
How do you help yourself to relax while your trades are in action?
I asked some of my fellow traders this question and they gave me various answers which I didn't feel good with. So I thought of...
Forex market is on 24 hours/5days a week. There is always signals on many pairs all over day long. To decide to trade everyday or every two or even every week depends on you. If forex is your job or...
I agree with you. The worest time to trade in this market is during hollidays. Also,Let me add these times of news release and when you are in a bad mood!
I think that preventing margin call begins from before opening a position. You should have a money management plan. You must realize the amount of $$$ you have and consider the size of the lot!
John Murphy's book on TECHNICAL ANALYSIS IN STOCK MARKETS is a great guide for every trader. I recommend it to every trader. Study it and apply on chart!
Yea, Forex is becomming more popular by time and thanks to that technology. There are many sites and forums that over free learning like that forum.********.COM is a good resource for learning!
Yea there are some brokers offer trading contests. I see this a great chance for a trader who hasn't enough money to start. He can take part and when he wins, he can use that money to trade for...
One simple profitable strategy is good for me. You can follow a number of pairs that will enable you achieve your target. I follow a simple price action strategy and observe the 4 major pairs in...
I love forex for many reasons. Its flexiblity attracts may people. You can trade whenever you want wherever you are as long as you have a secure internet connection. You can start with small amount...
This who wants to be a forex traer shouldn't start by renting other to work form them. A newbie should start to learn everything step by step and work with his own hands. using robots is like trading...
I strongly agree with you. There are to characteristics that contorl a trader:Frear and Greed. To become a good trader,you should train yourself to overcome these emotions. It is not easy but with...
Luck comes after you do your analysis and carry on your positions. If you don't have good luck,you can create it by learning and patience.
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