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radex78

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Everything posted by radex78

  1. In trading forex, we can manage the risk using stop loss, and learn well how to submit quality trading, however, in the binary option it is only rely upon luck because the order closed based on time. not prices.
  2. Choosing the broker eventually back to each trader will, as long as traders feel enjoy and comfortable using the trading environment in these brokers, usually will keep sticking to using the services of the broker, like I already choose FXOpen as my favorite broker already trades with them more than nine or ten years and so far so good.
  3. Yes, each trader has their own choice to choose a broker, as long as we can comfortable minds and make money from forex trading, we get benefits from this business, like as me more comfortable trading using FXOpen.
  4. It is possible there are different charts between demo and real-life trading because of the different servers, in addition, the broker is a dealing desk broker, trading with this company you may face some issues like profit canceled, account blocked when withdrawing money with reason account detected by antifraud department make cheating, etc.
  5. FCA and ASIC included top tier regulation agencies, and there is a good broker used under both licenses, including use FXOpen broker also regulated by ASIC and FCA, this company has more than 16 years of experience in the financial market.
  6. I still use MT$ trading platform most to use in daily trading with FXOpen, I ever try to use MT5 but eventually still comfortable to use MT4. Besides using MT4 in PC also use TickTrader platform
  7. Trading in the forex market I have been using FXOpen for a long time more than nine or ten years and this company still become a reliable broker and get awards as an Innovation broker from the Traders Union, the company regulated in three jurisdictions, ASIC Australia, FCA UK, and Cysec Europe. Trading condition is good scalping and robot trading is allowed.
  8. Yes, a demo account is free without any risk, and is sometimes used by experienced traders to make backtest trading before applying in the real trading account, sometimes I use demo ECN FXOpen to backtest a trading strategy.
  9. There are so many brokers in the forex world, and each trader eventually chooses the best one for them, as I choose FXOpen and trading with this broker already more than 10 years and so far so good, there are options to deposit and withdraw using cryptocurrency too like as Bitcoin.
  10. A demo account remains useful for all traders especially beginners because, in a demo account, we can learn trading without any risk, some so many traders fail in less than six months if beginners can pass successfully more than six months in the demo, it means ready to fight in a real battle in the forex market. The demo is useful to exercise trading skills, and prepare the weapon later in a real account, despite I trade in a real account, sometimes still use demo ECN FXOpen to try a different strategy.
  11. I see some brokers offer bonuses as the main promotion, however, the bonus usually hides certain rules, before taking a bonus, traders need to read the term and conditions, and many beginners can't make money from bonuses because of the strict rules to eligible withdraw money. Professional traders, they ignoring the bonus but will research trading conditions, spread brokers, regulations, review, etc.
  12. Firsts and basic thing to start any business is learning to get educated about the business, how it works, how to work, etc, then take action, starting a business without taking action will never get real experience, and we can't learn from it. How to start forex for novice traders I suggest learning basic forex, by reading from various resources like babypips, joining the forum forex community, and practicing a demo account, you can try demo ECN FXOpen to practice without any risk. Make sure worked in the demo account and already finding suitable trading strategy and profitable befor go to live account. Because harder to a live account compared with a demo account, it's about psychology, treating real money, and virtual money is different in minds.
  13. There are so many traders use demo account to show their trading performance very well, however trading in real account will more get a feeling, emotions already involved there, fears, anxiety, greedy etc, however demo account remain useful to backtest trading straregy.
  14. Some traders maybe like to use expert advisors to automate their trading without human intervention, before using ea in a real and live accounts, they need to forward test using a demo account first, it indeed takes a time, however, if ea works well it will possibly make good trading in real account too.
  15. Learning forex now get easier from various resources, and the best teacher is experience that will give valuable lesson, although we learn from the best mentor if not change the wrong mindset, it will face difficulties to success, trading forex is not only about knowledge, but combinations knowledge, and mental trading, you can learn from FXOpen blog and practice in demo ECN to choose your favorite instruments.
  16. Usually, I only spent money that affords to lose, I ever use $2000 and grow a good profit, but how make consistent is not an easy thing in forex trading, sometimes today make a good profit, but the next trade faced a loss, however, I still fun in the process. I see there are some other traders starting with $5000 and maybe more, I think it depends on each trader's preference. If you want to join Forex Trading Championship in the forexcup dot com, it is need $5000 to joined
  17. I am trading with FXOpen broker and use the smallest lot size 0.01 with open multiple pairs in the MT4 platform, although open multiple platform, however in trading I only choose one pair to traded, or two pair only with use risk management plan, sometimes I also trade using TickTrader terminal.
  18. If you want to treat forex as a long-term business, you need good preparation since a beginner, you need high dedication to learn, and a strong mentality, only the winner can get victory in every business, and how to achieve success is not instant, in the journey will face so many obstacles, the weak mentality will left out from the business and only become audience to watch another traders get a success.
  19. Personally, I use MT4 and TickTrader trading platforms, I use FXOpen broker which offers trading platforms MT4, and MT5, for PC and mobile, and TickTrader for PC and mobile too, I am still more comfortable using MT4, however, TickTrader is designed for ECN broker the platform gives different benefit. One of them included we can trade all CFD market through one platform, which means we can choose pair forex, crypto, stocks, commodity, etc, there is more than 600 tradable asset we can access via one account.
  20. Maybe there are so many new traders when choosing the broker they face confusion about how to decide, because there is so many brokers in the forex industry that offers various benefit when using the broker, for the long term this is important indeed, I already use FXOpen maybe more than nine or ten years, grateful this is a reliable broker, withdraw process smoothly to process, there are some payment option available, included Bitcoin.
  21. Demo account still become a good trading tool to make a backtest trading strategy, sometimes I use demo account on MT4 and also trying platform Ticktrader terminal, this is platform designed for ECN broker with more advangates.
  22. The first step trading in demo account beginners can test own selves using demo ECN FXOpen, it is possible you can make a good profit in a demo account and shows result in the crowd then there are investors to join investing real money
  23. For beginners don't trade on exotic pairs like EURTRY or USDTRY, etc. Because exotic pairs were too risky, the pairs charged big spreads, and high volatile, beginners suggested trading on the major pair low spread like EURUSD, and AUDUSD, in FXOpen the spreads start from 0.0 pips, and possible get negative spreads in ECN account using MT4 or TickTrader terminal platform.
  24. Good trading conditions of the broker gives convenience for traders during trading activity, low spread broker and fast transaction speed make trading more effectively to catch all opportunity in the forex market, FXOpen still my choice.
  25. Quick profit from trading can be obtained by scalping trading, however not all traders suitable with scalping trading strateg. Using low timeframe to catch profit from one wave of price movement the quick profit probably obtained in the high volatile market.
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