If you trading demo then trade it for at least a minimum of six months before moving to live trading in my opinion.
If you trading demo then trade it for at least a minimum of six months before moving to live trading in my opinion.
All important trading tips indicate to make sure a credible broker which always ensures a secure trading environment for trading. Because for leading a comfortable trading life first of all we have to ensure the security of funds. That’s why from my first day of trading I have been using LQDFX due to guarantee my funds with certainly. Actually this STP trading platform ensures a wide range of trading technologies including security of funds at any kinds of investments, that’s why I always feel secure and comfortable when trading.
Scalping is a popular forex trading strategy that involves making many small trades over short timeframes to take advantage of small price movements. Some benefits of scalping include the ability to make quick profits, the opportunity to trade frequently, and the ability to minimize risk by using tight stop-loss orders. Additionally, scalping can be a good strategy for traders who have a busy schedule and don't have time to watch the markets for extended periods of time. However, it's important to note that scalping requires discipline, skill, and a deep understanding of market dynamics, and may not be suitable for all traders.
I have seen according to my trading experience maximum traders in particularly the newcomers always consider high leverage at high risk. but I I don’t consider it at all , if there is any risk it is completely with non sense planning as well zero risk managing plan . Nothing to do with high leverage. so before trading with high leverage it is more appropriate to make sure real risk managing plan.
I spent 2 months trading on demo with Hotforex before I got sufficient understanding what can I apply on live account to get consistent profit with moderate level of risk. I doubt you can build something like that in a week.
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