Forex trading is similar to trading stocks, except that currencies are traded. However, unlike the stock market, which has thousands of companies, the forex market has fewer currency pairs. A broker like Eurotrader offers 50+ currency pairs to trade. In my option, you need one or two pairs to make a consistent profit. The Forex market is an exciting and fast-paced market with huge return potential.
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31-01-2021, 03:54 PM #1
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Looking for a trading opportunity?
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03-02-2021, 06:45 AM #2
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Yes, opportunities abound, but what would price do next?
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03-02-2021, 07:50 PM #3
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Trading without any loss is quite impossible in forex market. Not only new traders but also pro traders bear the losses in this market. If you want to trade without any loss, you can try demo account. In there, you will loss only the profit you earned by that demo account. You can reduce your loss by your brain and trading strategy.
Reducing the loss and making profit should be your goal as a trader. Your broker can help you to achieve this goal. I use TP Global FX. They are so good and helpful. In spite of that I have to face losses sometimes. But it is true that they help me very much to reduce my losses and help to make profit after having loss.
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07-02-2021, 09:11 AM #4
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As a beginner trader, trading on a demo account is arguably something to do, as an introduction to the real “terrain” of the forex market. A demo account or we can take part in the online education service provided by the broker to learn how the forex market works and allow us to practice the trading strategies that we have learned while plunging into a real account later
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07-02-2021, 11:43 AM #5
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Traders must have a journal that specifically records all trade, including the strategy used and the reason for execution. The journal must contain the entry date and time, price, stop loss, and profit level. Trade Results are also important. So, snapshots of charts when entering and exiting the trade. I trade with Forex4you. I also add my journal to the reason for taking the trade and feelings after witnessing it.
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08-02-2021, 12:20 PM #6
Trading plan is a must for traders to have, this is useful so that traders can be maximized in carrying out more targeted trading activities and have the opportunity to become Tickmill's trader of the month to get $ 1000 rewards.
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08-02-2021, 09:32 PM #7
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In my view, the simplest way we can make it work well is through analysing well, as if we do that then we always stay ahead and able to gain as well. I find it simpler under FreshForex broker, as with the tidy spread, high leverage, smooth trading platform and all such stuff, it makes life simpler.
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10-02-2021, 07:34 PM #8
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Forex is the most famous and profitable business in the world. Anyone can start trading and earn a lot of money from the forex market if they have proper knowledge about the forex. A reliable broker is very important for a trader to earn profits. Choosing a reliable broker difficult though. I trade with Tpglobalfx. They are a very reliable broker. They never make disappointment to their client. They are very supportive and helpful.
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22-04-2022, 04:10 AM #9
The selection of existing brokers must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.
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