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bigxy

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Everything posted by bigxy

  1. It's really hard recommending brokers these days since there are many new brokers joining the industry while many also winding up at the same time. It will be good if we take some time researching few handful of reputed brokers to further finalize the right broker. In my opinion, brokers like hfm, xm, exness, lmfx etc can be a few to shortlist while looking for a reputed broker.
  2. Yes i agree with you since forex trading is a solo sport in my opinion and some strategies work best for me while others may incur loss while implementing them on their account. Its better to learn and come up with your own strategy in order to make money in forex trading.
  3. I guess he is also practicing a demo account before being kicked out by the admin, lol
  4. There are a few brokers which allows news trading as well as scalping. In my opinion scalpers usually take benefits when the markets are highly volatile which sometimes backfire as well for the new traders.
  5. Looks like some spammer is posting everyone on the forum soon get banned by the admin, lol.
  6. Just be careful because with the trades since its good to make profits rather than catching the falling knives and i am sure if someone had shorted gold they might have messed up.
  7. Cool. The gold however breaking all highs and making new ones let see what its gonna do in the long run.
  8. Yeah maybe sort of spammers got their eyes on this forum, lol. Yes, the gold break all the records and not sure where it will go next.
  9. Its all about practicing and learning skills through repeating again and again on a demo account.
  10. Is it related to demo trading contest or affiliate marketing program?
  11. New traders should stick with the major currency pairs trading instead of going to the exotic ones since majors have more liquidity and average competitive spreads as compared to the other in my opinion.
  12. Price action traders are among the top successful traders however price action is one of the hardest to learn since many traders uses indicators on charts.
  13. There are some brokers like HFM who offers leverage up to 1:400 on their regular accounts and 1:1000 on their micro accounts. New traders being unaware of the market conditions should keep the leverage low in start because high leverage can claim higher damages as well.
  14. I usually prefer manual trading however there are still many profitable EAs in the market but most of them are built following the technical analysis so they can double the trouble if you are not a coder since they do require monitoring during the volatile markets.
  15. New traders also try scalping however they should try trading on higher time frames instead of getting ins and outs instantly.
  16. When it comes to investing money i rather say that we should only invest that amount which we can afford to lose.
  17. Most of the fx brokers offers free VPS to their clients so we better check out this option as well.
  18. When we start forex trading, it is better not to go for the returns rather we need to focus on building our skills that could lead us make some healthier returns in future.
  19. I guess every brokers follows the same pattern in my opinion like EURUSD, XAUUSD, GBPUSD etc all are the same majors pairs available with every broker.
  20. I guess brokers like HFM, octa, xm, exness, & lmfx etc can be a few reputed brokers to be shortlisted for finalizing the right broker.
  21. I have noticed that the tradingview is also getting noticed these days however, i am stick to the mt4 so far till it gonna end working and i will move to the mt5 or any other alternative of that time.
  22. We can use these demo accounts to test the brokers platform without investing any real money with them.
  23. Bonuses have their own terms and conditions to use, better options to try any broker's platform is to try their demo account which is usually risk free and sync to the real market in my opinion.
  24. I guess brokers like hfm, ocat, xm, lmfx, etc can be good for shortlisting while searching for a reputed and regulated broker.
  25. Whoever knows when even a good broker stop paying out and scam traders so i guess its better to keep withdrawing the profits by leaving necessary capital behind.
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