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bigxy

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Everything posted by bigxy

  1. Not sure if the new traders can benefit from scalping because it is possibly done during the high volatile markets where the risks is also high so better they should trade during the normal without risking their capital.
  2. Both worth the same, its up to us that which option suits us best.. some trades stock and some trade forex or both of them so better do whatever you find easier to handle and invest what you afford to loose. Both in my opinion are riskier options to make money through trading, either it is stock or the forex market.
  3. Experience is helpful in earning more and more because it comes after a lot of bad experiences however new traders should also focus on learning in start rather than taking risks because earning comes to those who knew how to make money from forex trading.
  4. Trend is the main thing to understand in my opinion and those who follow the trends usually make more out from the trading as compared with other traders.
  5. I guess that's only an emotional issue because demo is more or less similar to the real accounts offered by the brokers, nothing different but demo accounts have virtual funds only.
  6. Yeah at least i am doing some profit this year because of more experienced one as compared to the last year, so far i haven't caught any falling knives as yet..
  7. I think that's why i selected forex trading because it can be done without time and regional limitations.
  8. I think it is good to test any brokers processes and we can also learn forex more easily than any other available option by practicing on a demo account.
  9. I have seen them already doing the same on facebook, not in terms of live feed but i have noticed some promotional stuff similar to that coming on facebook for the past few weeks.
  10. I have just created another new demo account in lmfx learn and earn demo account and i am very hopeful about getting the free 1000 usd which they announce for the winners only.
  11. Lots of practice with a lot of patience and this should be kept with consistency because earning isn't that easier as the new traders think about it.
  12. In my opinion fixed spreads might be a good option for everyone as these spreads are directly counted in the transactions cost incurred by any trader.
  13. These inevitable losses are i guess the initial losses which many of us make in the start however we need to forget them and keep on moving forward if we wish to become successful trader of future.
  14. Forex is a risky yet very professional business and if it is done with good analysis the chances of earning good money are very high as compared to any other business available to us.
  15. I still give time to test my strategies on the demo account before applying them to live accounts, so far so better let see how it goes in future..
  16. Money management, experience and emotions management contributes a lot on our performance in forex trading as compared to the capital.
  17. We can also access the past list of webinars from youtube and their site as well..
  18. I have a verified account with them but i am majorly trading forex for now because i think forex is quite best option for me, maybe i will give some thoughts to binary again but let see..
  19. Are you talking about the mobile app or which one.. ? I am using the MT4 but it is from quite some time now so haven't have any idea about the new MT4 terminal.
  20. Basically the currency of any nation represents their strength, the more the currency took strength more is the economy of that particular country in my opinion.
  21. Babypips school is no doubt the best place to learn the basics of forex trading and yes you are right, demo accounts are also good place to learn forex processes more easily than any other method.
  22. I guess these candle stick chart are the most popular trading tools because they are easy to understand in my opinion.
  23. Forex trading may seems easier but earning money from it by trading requires certain skills so better to learn them before starting trading live otherwise all the capital will be lost during testing the broker processes. So it is advised to trade on a demo account for a couple of months before switching to live trading accounts.
  24. Losses are inevitable so if a bad day occurs it is better if traders should stop trading and take some time thinking about the reasons for such losses, learn from those mistakes and avoid repeating them in future.
  25. We better learn forex trading and then focus building an appropriate strategy and a proper trade management plan, once enter in trading then stick with the rules and trade plan.
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