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Fedra Bianchi

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Everything posted by Fedra Bianchi

  1. Forex is a profitable trading market. However, 90% of traders lose money in trading. There are many reasons for that lack of knowledge, skill, strategy, analysis, etc. New trade often jumps into the market without knowing the proper or basic guide of trading. They end up blow up their account. So, it is better to trade in a demo account first before investing in a real account. A new trader can take free education from Eurotrader.
  2. The forex market is a volatile and risky investment market. Traders should follow the trend and strategy to get a high probability of success in trading. However, news can also hamper your good trading plan strategy. So, always aware of the important news release. Following the economic calendar is the best way to do that .
  3. Loss is common in forex trading. Some losses are part of Forex trading but continuous losing is a bad indication. Learn from your mistake. Never repeat your mistake twice. That’s how you can ensure survival in the forex market. Try to build a proper trading plan to make a consistent profit in trading. As I am trying to build one in the Eurotrader demo account. The demo account is the best option to build and test a strategy.
  4. Due to the revolution of the internet, Forex trading is kind of easy. Anyone from anywhere in the world can trade in forex trading. Some traders often keep staring in the chart of the computer and keep track of their open position. It is a kind of unhealthy habit of a trader. Many brokers like Eurotrader offer web and mobile trading platforms. So, you can keep track of your position easily even at your work.
  5. Forex is a kind of risky market. However, it is profitable if you have proper knowledge and skill. A new trader should always focus on learning basic knowledge first. Then practice demo account for 4 to 6 months. Then invest a small amount in real trading. Learn the deferent between demo and real trading. Never invest the amount that you cannot afford to lose. I recommend investing $50 in Eurotrader’s micro account.
  6. Spreads are different between the BUY and SELL price. If you want to trade, you need to check the spread before opening a position. Besides, you can use a trading platform that shows the current spread on the price chart. Finding a well-regulated broker like Eurotrader can minimize the risk slightly. A well-managed broker intends to make money from spreads, not by increasing them.
  7. Everyone is talking about the negative side of fear. I would like to mention positive part of fear. We all know forex is a risky trading platform and we should not just trade here without any caution. So in my point of view fear is also important for following always proper rules and discipline. Otherwise we might lose a lot money if do not have a little bit fear. I also trade with Eurotrader. The most I like about them is there deposit and withdrawal system.
  8. Advances in technology have dramatically increased retail forex trading involvement. Now it doesn't matter where the trader lives. A small trader from anywhere in the world with little knowledge of technical or fundamental analysis can beat big investors. So, focus on gaining knowledge rather than anything else. That’s why my broker Eurotrader offer the free educational course to all kind of trader beginner to advance.
  9. Leverage refers to the amount you are allowed to trade beyond your deposit and by how much you can multiply your profits. High leverage is suitable for risk takers seeking high rewards. However, high leverage is not recommended for beginners. Almost all broker provides high leverage. My broker Eurotrader offer me 1:500 leverage. I always use leverage with proper risk management.
  10. The forex market is the most liquid market in the world. No one can dominate the market. The Forex market is open 24 hours a day, 5 days a week, allowing traders to trade at the time of day that suits them. Forex involves currency trading. This means buying and selling USD, EUR, CAD, CHF, GBP against other currencies. Like other brokers, Eurotrader offers more than 100 currency pairs to trade in the forex market.
  11. There are a lot of scam brokers in this market and mostly they advertise too much to have the clients. So try to avoid over advertised brokers who provides you a lot of bonus which are not in use at all. I got trapped few times but luckily I found a better one Eurotrader. They are regulated and got all the major license of a broker. Most importantly they do not focus on providing useless bonuses. All they care about client trading environment.
  12. To be successful in forex trading, you have to be a perfect trader, not just a trader. So, you need to work on it and take the necessary steps. You can't get wow results, being too lazy. With practice, effort, learn, you can be a perfect trader. Your goal should be your best inspiration and motivation. And if you're ready to invest your time and effort in your education and practice in a demo account which also all brokers like Eurotrader provide for free.
  13. In this internet era, forex or FX has become a publicly accessible investment market in the world. Also, small investment capital is already enough to start your trading journey. Most brokers allow a minimum $100 deposit. But in Eurotrader you can start trading with only $50 in their micro account. Forex traders can generally use margin trading, or leverage, to trade big with small deposits.
  14. Trading strategies must be built on your own. Many traders practice high-risk trading strategies, but for some, it may not be the best option. So, if a trader is thinking of copying someone else's trading strategy, then they need to look at the strategy and think about risk management as well. Always test your strategy in a demo account first before applying it to real trading. Almost all broker like Eurotrader provides a free demo account.
  15. Forex traders need discipline in order to make consistent profits in the forex market. Consistent is the key to success. Many are failing to do that. Without discipline, it is hard to follow the trading plan properly. So, the trader needs to develop discipline in trading. I think a demo account is the best for developing discipline
  16. Forex trading is a challenging business. There is nothing certain in the forex market and the market is always changing. So, the trader needs to educate themselves according to this changing market. Learning is a never-ending process in forex trading. So, spend time to learn as much as possible.
  17. Forex trading is one of the best-trading markets in the world. Unlike the stock market, you can make a profit from rising or falling price action. However, the traders need proper knowledge to be a better trader. Anyone can easily learn about trading from the internet. A broker like Eurotrader also provides you educational resources that help you to learn to trade.
  18. I couldn’t agree with you more, as patience was the biggest key factor of my success in forex market. When I started as beginner I didn’t know too much about forex and broker. So I invest my money on some broker who was providing me a lot bonus. But I lost my whole account after investing. This happened few times but I never give up and after 2-3 years i finally found my perfect broker Eurotrader. I have been trading with them for almost 2 years now.
  19. Forex is an online trading market which becomes more popular in 2020 due to the Covid-19 lockdown. People become more interested in earning money from home. So, forex is the best option. A new trader just needs to spend time to learn trading and practice trading in a demo account with a broker. Almost all broker like Eurotrader offers a free demo account.
  20. Forex is not easy to win but easy to lose. More than 90% of traders are losing money daily especially new traders. The new trader often invests in the real account without proper knowledge and strategy. So, lose money most of the time. I recommend using a demo account first before investing any money. Eurotrader provides free educational courses. A new trader can take those courses to increase their knowledge about trading.
  21. There are a lot of ways to make money in the forex market. That’s why It is more popular than other trading markets. Brokers also provide a more lucrative offer in the market. As an example, Eurotrader offers the lowest spreads starting from zero pips, high leverage up to 1:500, fast execution without any requote, 100+ currency pair, micro, and swap-free account, and many more.
  22. Learning is essential in forex trading. Traders need to have proper knowledge in order to make a profit from trading. However, many new traders jump into the market and think that forex trading is easy. But they end up losing money and then focus on spending time to gain knowledge. The mentor is helpful to learn quickly. As for me, my broker Eurotrader is my mentor. It gives me the best educational resources for my trading.
  23. Forex is a currency trading market. Traders can buy and sell currency to make a profit. Forex market opens 24 hours. So, you can start any time you want. Traders need a broker in order to trade in the forex market. There are a lot of brokers in the forex market. But not all brokers are good. Some are scams and will steal your money.
  24. When I started trading at 2015 I was a solo runner. For that I almost suffer for 2 years and I think that actually made the trader I am right now. But after some time I actually realized I need a mentor for my success. Luckily I got to know Eurotrader from one of my fellow trader friends. They actually have a great education system for their clients. Currently I consider my broker as my mentor.
  25. Knowledge and Broker are both important in forex trading. The trader must have proper knowledge about the market and trading in order to succeed in the forex market. However, without a good broker, it is hard to succeed even you have the proper knowledge. The broker is a kind of boost to your trading success. I recommend Eurotrader as I am trading with the broker for 3 years.
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