hello,
all depends on the trading strategy a trader will use. Percetange of success is always good to have but it can also be a little deceiving. Example: A client is losing 3 trades and winning 1....
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hello,
all depends on the trading strategy a trader will use. Percetange of success is always good to have but it can also be a little deceiving. Example: A client is losing 3 trades and winning 1....
hello,
placing a stop-loss is very important for a trader. Stop-loss means that a trader calculated the Risks involved from the opened positions/trades, and he/she is willing to have losses up to a...
hello,
yes, everyone can be a trader since it is not such a difficult thing. You only need to select a broker and to have an internet connection. Now, a 'random' trader who trades at his/her free...
hello,
luck is good and welcome, but a trader needs to realize that luck will help him/her only for the first 1-2-5 trades. Then, at some point luck will stop and in order to keep having successful...
hello,
the majority of traders use scalping during news release. Scalping on sudden high movement, high volatility while there are no news and upon price correction (15M and 30M chart) would be...
hello,
if you find a way to get 50 pips per day as profit, do let us know since we all want to quit our daily jobs and follow our dreams.:peace:
hello,
forex is a tree for $$$ for certain people. Most traders are losing and you have to be experienced and a good trader in order to survive in the forex world. Imagine that someone (let's call...
hello,
some traders use scalping during news release. Personally, scalping on sudden high movement, high volatility while there are no news and upon price correction (15M and 30M chart) would be...
hello,
all charts are showing the same (trend and price movement) information. Lately though, bar charts and candlesticks have become more popular in terms of showing the volume traded during a...
hello,
in order to start trading with a robot, every expert advisor will need some setting for its parameters. Either robot or manual trading, a trader should always have the trading platform open...
hello,
forex is a game as long as you keep trading on demos and join contests and competitions. From the moment a trader opens a real account and deposits 'real' money, it would be wise not to treat...
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once finishing practice with Demos, and it's time to start trading to a real account, a decent initial balance to start is around 500-1000$. With an amount like this, a trader will be able to...
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the majority of fx brokers offer mt4 as their main trading platform, while there are a few out there who have developed their own. Before starting trading, it is vital to learn the tool which...
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high leverage usually means high Risk in trading. But, for small traders, a high leverage is a must in order to be able to open some trades. For trading accounts with a decent balance - more...
hello,
consistent profits it's hard to get in FX. Especially in every day trading. If a trader has a system or a strategy to get even 20pips profits per day, consistently, then i don't thinh he...
hello,
i forgot how many times i have blown an account out and actually i do not count them. The important thing is to learn each time what went wrong and try to correct it next time. Learn from...
hello,
forums and some specific posts can be very helpful. Everyone can have access to important information, things to avoid while trading, new ideas to implement or even new strategies. The point...
hello,
depending on the trading strategy and the loss a trading account balance can afford, a stop loss is a common practice in order to place a limit at your trades' losses. Stop loss is a limit...
hello,
an EA can indeed blow a trading account very fast. Always test an EA first, since most of them need to set certain parameters in order to work as the developer describes. Trading with an EA...
hello,
i think the best thing is a combination of these 2. First you need to find a technique which should be suitable for your trading style and strategy. Then, as the time goes by, there always...
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