Understand the forex market

Results 1 to 6 of 6

Thread: Understand the forex market

  1. #1
    Senior Member
    Join Date
    Jul 2020
    Posts
    221
    Thanked: 0

    Default Understand the forex market

    Understand the forex market
    It's very difficult to understand the forex market at first. It takes time to fully understand the market and trading. However, it is a risky market. So, donít put everything in one basket which carries more risk. It may blow your account. So, you have to make sure this doesn't happen. Forex is a reliable business. So, trade carefully and trade with a reliable broker like Eurotrader.

  2. #2
    Senior Member
    Join Date
    Jan 2020
    Posts
    285
    Thanked: 0

    Default

    There are various types of trading strategies in Forex market according to the year 2020. The common strategies that are mostly used are Ė scalping trading, hedging and EA trading. From among trading strategies my favorite is scalping so I do select Tpglobalfx the established STP broker who allow all kinds of trading strategies including Ė scalping, hedging and robot trading with providing low trading spread from 0.01 pips, instant execution and smart bridge of technology.

  3. #3
    Senior Member
    Join Date
    Jul 2020
    Posts
    218
    Thanked: 3

    Default

    Technical analysis is the best thing one can do for forex trading. Because for fundamental analysis you need to understand the economy very well. Whether it is day trading or scalping or swing trading, technical analysis is the key to decide the entry and exit point. But for overall success emotions management is very important. I trade with Eurotrader broker. I am here in this broker since it is a regulated broker and has tight spreads. I likewise can withdraw my cash quickly.

  4. #4
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,439
    Thanked: 2

    Default

    As a newbie, you can learn the technique by creating a demo account. It will help you to find out the problem what you are facing while trading. It also helps to reduce your losses and create an opportunity to increase your profit. I also started my trading career through a demo account of Forex4you. Really it helped me to understand my fault in trading.

  5. #5
    Senior Member
    Join Date
    Aug 2020
    Posts
    150
    Thanked: 3

    Default

    Finding a good broker is essential in the forex market. Traders must always choose a broker that offers maximum security, minimum spreads, low costs, a simple and fast deposit withdrawal system, good customer service, and more. Thatís why I am trading with Eurotrader which offers the best trading facilities in the forex market.

  6. #6
    Senior Member
    Join Date
    Apr 2017
    Posts
    924
    Thanked: 1

    Default

    in ro ham eslah kon:
    As a newbie, you can learn the technique by creating a demo account. It will help you to find out the problem what you are facing while trading. It also helps to reduce your losses and create an opportunity to increase your profit. I also started my trading career through a demo account of TP Global FX. Really it helped me to understand my fault in trading.

Similar Threads

  1. Most individuals don't understand
    By Kieran Phillips in forum Forex Beginner's Forum
    Replies: 2
    Last Post: 06-07-2021, 08:39 AM
  2. Most individuals don't understand
    By Kieran Phillips in forum Forex Beginner's Forum
    Replies: 2
    Last Post: 07-02-2020, 02:50 PM
  3. Forex market is very close to stock market.
    By William Wesson in forum General Forex Discussion
    Replies: 2
    Last Post: 12-12-2019, 10:40 AM
  4. The Forex market is a global decentralized market
    By ‎Mehedi Emon in forum General Forex Discussion
    Replies: 3
    Last Post: 06-01-2018, 03:09 PM
  5. It can be diffifcult to understand the risk inherent in forex market
    By Ashley Mallett in forum General Forex Discussion
    Replies: 3
    Last Post: 02-17-2018, 07:10 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us