Forex trading

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Thread: Forex trading

  1. #1
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    Default Forex trading

    Forex trading
    In this market place for making profit with great consistency we the traders have to depend on our trading strategies that we select according to our trading experience, in my trading career I have chosen LQDFX from where I can use my any kinds of trading strategies with scalping that brings profit in a short time. So, my trading life is very much comfortable. Basically by and large brokers donít allow trading concept such as this.

  2. #2
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    Every new traders should use demo account before trading in live account. Because demo account helps him to know all the basics of forex trading. Without knowing the basics of forex, it is quite impossible to make the investment into profit. At first, investing in live account is a very risky decision. When trader gets all knowledge and become pro in forex trading than he should move to demo account. When I was new in this market I also opened a demo account in TP Global FX. it helps me to understand about forex. It makes me professional enough to invest in live account. I am still trading with them.

  3. #3
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    Forex is a largest decentralized market. There are lot opportunities to make money as well as losing. It is also a risky market. Without proper knowledge, it is difficult to earn money. 95% of forex trader are failing and losing money I the market. So, trader should learn first and then invest. Demo account is best way to learn. Almost all broker like Forex4you provide free and unlimited demo account.

  4. #4
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    Quote Originally Posted by Golden Sark View Post
    In this market place for making profit with great consistency we the traders have to depend on our trading strategies that we select according to our trading experience, in my trading career I have chosen LQDFX from where I can use my any kinds of trading strategies with scalping that brings profit in a short time. So, my trading life is very much comfortable. Basically by and large brokers donít allow trading concept such as this.
    For ensuring a best broker at present is not too much difficult , even though many of us consider this as a difficult one. If you are active in forums community then easily you can find the broker which is more appropriate for you. The real traders always express their review in here about their brokerís performance especially in FPA.

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    Most of the time newbie struggle and fail in forex trading due to lack of knowledge and skill. Frist trader should increase and knowledge and test their skill in demo account. After that they should invest in real account. I am forex trader too. I am trading with Tpglobalfx. My broker education resource helps me to gain trading knowledge and skill.

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    For beginners D1 and H4 is the best. Lower time frame is very much volatile. Yes you will get the result quick. But for trading psychology plays the important role. Higher time frame helps more to build a good trading psychology. In lower time frame you tend to do over analysis and overtrade which are bad for trading. I am trading forex at Eurotrader. They have advanced educational resources. I also like their free instant withdrawal without any hassle.

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    Forex trading might be able to make you rich if you would be a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road for riches, forex trading could be a rocky highway for enormous losses as well as potential penury.

  8. #8
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    Broker is important. Moreover, broker with wide range of trading facilities is good for trader. If trader want too test new trading instrument is helpful them. However, I recommended to check Broker rating and review before investing on them. As for me, Forex4you is best for my trading style. It gives me lowest spread in major pair which I need most in my scalping trading strategy.

  9. #9
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    Surely Broker is totally important and you must not fall for the alluring offers made by the non-regulated brokers, instead, you must go for regulated ones.

  10. #10
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    in ro ham eslah kon:
    True, unregulated brokers pose a serious risk and it is prudent to avoid them when picking a broker.

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