Lexus
-
Posts
21 -
Joined
-
Last visited
Content Type
Profiles
Forums
Articles
Posts posted by Lexus
-
-
It's the best to study as much about Forex as possible. Because all the tiny detail helps you to move forward. It's clear that you need to know many strategies, but you also need to pick out some of them which are suitable for you.
-
I agree. It's the best to study forex and everything connected to it. Because it can help in the future trading. Those, who don't learn everything in detail, lose money on forex.
-
I've opened a real account here as the minimal deposit was only 10$, and due to the fact that I didn't have a lot of money, I found this option very suitable for me. I've read some clients' reviews in advance, the general impression about the company was good. A lot of people said good things about the terminal and its work quality. In practice everything turned out to be good indeed, the terminal is convenient and functions without any failures, there are many indicators and assets, so it's comfortable to work. I wonder now, how fast can you withdraw your money from the platform?
-
you can become a successful trader yourself and you shouldn't do anything unreal for this. Just don't stop learning, watch videos and read books. Moreover, there's free access to lots of good strategies now. you can be one of 5% of successful traders yourself.
-
I cannot agree that options are simple investments and of course I wouldn't say that they are similar to a game. Whatever favourable conditions a broker could provide, a trader still has to learn. I recommend to start with the options not less than 2 min.
-
Thanks for a link. I've just started listening, but there's nothing displayed here. Could you check it? The thing is I'm actively learning now and would be glad to hear some new information)
-
I've heard a bit about that indicator, but it was fee-based, so i decided not to bother with it. As far as I understand, it provides a kind of analysis of collected data, trying to find some trend there. Does it work?
-
If a question how to choose a broker worries you, you must have already had some bad experience. This is where you should start. I mean the things that you didn't like about him more. for example, if that was a bad platform, try to find a broker with a good one. Just don't open real accounts at try the start, try demo and cent accounts.
-
Why do you think newcomers should avoid the strategies related to long term trade? Why not to do it if you practise on demo- or cent account? Even $20 will be enough for it, and the trader will get valuable experience. I personally tend to think that long-term trading brings more profit, and at the same time it doesn't mean this strategy is going to be more complicated.
-
The most effective strategy for a newcomer might be the one based on the mhe simple ovement of MACD indicator. I used to start with the simple options like this myself. Moreover, it makes it easier to indicate a trend.
-
I think if you want to consider yourself a successful trader you should compare your results with what you stared from and analyse how long it has taken you to achieve them. But it's not enough only to believe in your success. You should aground your belief with facts)
-
Traders use hedge to protect their deposits. Usually if a trader sees that the deal has turned in a backward trend from what was expected, he opens a lock deal, trying to stop the losses. In this case it's better to use stops. Ev be en if you loose, it won't be a catastrophe for you.
-
For me an alternative way of making money in forex market is PAMM accoounts. But if you decide to open one, you need to be ready that you won't be able to control it, you'll be able only to watch. but there's a good chance to make good money within just half a year.
-
If a trader wants to learn how to trade, he is really going to be successful. As it was mentioned above, there're a lot of opportunitioes to study and a great deal of useful information. For a start you can copy the deals, thus not only gaining experience, but also increasing your deposit amount.
-
The fact is, it's not a disaster if you loose in forex. there's no trader who has never lost on a deal. You just need to overcome it and work on your mistakes. Only after this a trader will be able to carry on trading without being influenced by this unsuccessful deal.
-
It's unwise to say that the time you spend on trade is a sacrifice. You're doing it deliberately, without anyone persuading you. What's more, you do expect the profit, and as you know, you need to invest before getting anything.
-
It's not that difficult to do what the trader wants. For example, a lot of brokers provide good platforms with no sliding etc. Many of them provide quick and reliable withdrawals, and a gread number provide good bonuses, and it's even possible to find all this at one and the same broker. But even under all these conditions a trader may fail to succeed for a number of reasons. Therefore I always recommend to start with yourself, not with blaming your broker.
-
I suppose it is profitable to trade on any USD pair, since it has high volatility, which means that a trader is interested in trading the active pair.
From a trader's perspective.
in General Forex Discussions
Posted