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Type: Posts; User: Lea

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  1. Replies
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    I have been with Forex Chief for a while now,and...

    I have been with Forex Chief for a while now,and so far I think they provide clients with a universal platform for trading over 60 Instruments: Currency Pairs, Precious Metals, Energies, Stock...
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    2,443

    I trade with forexchief, and their universal...

    I trade with forexchief, and their universal platform for trading has over 60 Instruments: Currency Pairs (Majors, Minors, and Exotics), Precious Metals (Gold and Silver), Energies (Crude oil and...
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    I use them too, I would recommend that to anyone...

    I use them too, I would recommend that to anyone as they have very good service and good platforms. Especially how well their customer service support attends to you is amazing, having 24-hour Online...
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    They are a good choice, I have always admired the...

    They are a good choice, I have always admired the fact that they have their own stream aggregation architecture that allows the company to have a significant reduction of spread sizes, slippage...
  5. Thread: choosing a broker

    by Lea
    Replies
    15
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    2,828

    One thing is to have a good trading plan and...

    One thing is to have a good trading plan and strategy that works, but another thing is to have a good broker that complements your style. This is key to succeed in the market, reason we should be...
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    They have been good so far, especially that they...

    They have been good so far, especially that they are regulated and licensed was among the first things that drew me to them. But most importantly was the fact that they have been in the market for...
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    If you haven't gotten a mastery of the market, it...

    If you haven't gotten a mastery of the market, it is best you stay low on leverage just to be safe. Going too high for someone who is just starting off can be risky.
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    Thanks for the write up, please I would...

    Thanks for the write up, please I would appreciate it if you can drop signals here for coins that will do so well in a short while?
  9. Thread: All newbies

    by Lea
    Replies
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    6,340

    I trade with them too and I must say they have...

    I trade with them too and I must say they have been good so far, especially the existence of their library tab on the companyís website which includes useful information about trading and working on...
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    Though my broker Forexchief offers max leverage...

    Though my broker Forexchief offers max leverage up to 1:1000, I try not to use that much of a leverage as the risks are too high. It is always important to take time to understand the risks of...
  11. Thread: Forex beginners

    by Lea
    Replies
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    922

    True, but we should never forget the importance...

    True, but we should never forget the importance of knowledge and practice as we trade, especially for newbies. Always be immersed in knowledge and practice using demo trades for as long as possible.
  12. Thread: Fx Tpis

    by Lea
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    274

    Leverage is not bad in itself, but what is wrong...

    Leverage is not bad in itself, but what is wrong is when you do not understand the market and lack proper risk management before you use leverage. And most use high leverages during this time and end...
  13. Thread: brokers

    by Lea
    Replies
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    506

    I must quickly say that it shouldn't just be only...

    I must quickly say that it shouldn't just be only about regulation, look for more in the broker. Especially their trading conditions, execution speed, fees and trading platform. And another important...
  14. Thread: Forex beginners

    by Lea
    Replies
    21
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    562

    You know, one time I was reading this article...

    You know, one time I was reading this article from the library of forexchief which has some very good lines;
    "Individuality and money management are rather best guides for Forex market. However, you...
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    My simple advise for any newbie would be; look...

    My simple advise for any newbie would be; look for two or three good brokers, register demo account with them and observe the three from your practice trades. If possible along the line open a cent...
  16. Thread: choosing a broker

    by Lea
    Replies
    19
    Views
    18,298

    You have to be careful with that kind of high...

    You have to be careful with that kind of high leverage though as it can come with huge lose if things are not done right. If there is one thing I have always appreciated about Forexchief is the ease...
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    The idea it not to to remain in that state, but...

    The idea it not to to remain in that state, but to grow gradually as you get familiar with the market. This is done to minimize any lose that one might accrue along the process of beginning your...
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    This point can never be overstated. I was once...

    This point can never be overstated. I was once scammed some years back which led to loosing huge funds, to the extent that I practically gave up on forex and crypto. The mistake I made was not...
  19. Thread: Forex beginners

    by Lea
    Replies
    23
    Views
    922

    It is true that demo is not real and doesn't 100%...

    It is true that demo is not real and doesn't 100% compare to live trade, but it gets you close, familiar with live trade. If you can master a strategy from demo, there is every likelihood that it...
  20. Thread: Forex beginners

    by Lea
    Replies
    27
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    1,280

    The part of having proper risk management before...

    The part of having proper risk management before using high leverage is very important, else you cannot stand the lose when it hits you.
  21. Thread: Which Broker

    by Lea
    Replies
    28
    Views
    3,271

    They are alright for sure, but what really drew...

    They are alright for sure, but what really drew me to them was how long they have been around. After checking everything I needed in a broker, that was the last thing I made inquiry about, how long...
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    Thanks for this timely advise, getting a broker...

    Thanks for this timely advise, getting a broker is like getting a marriage mate, you can't be too careful. You want to choose wisely if you want peace in your trading journey.
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    As traders we need research and analytical skills...

    As traders we need research and analytical skills to monitor broad economic factors and day-to-day chart patterns that impact financial markets. All these require knowledge and practice, therefore...
  24. Thread: Best broker

    by Lea
    Replies
    22
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    862

    I have been with them for a while now and I must...

    I have been with them for a while now and I must say their trading credit is a huge one for me, big ups to them. What really interest me about this trading feature from forexchief is that the credits...
  25. Thread: Greed is harmful

    by Lea
    Replies
    28
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    3,729

    totally, greed is number in factors that can work...

    totally, greed is number in factors that can work against you in the market. It practically distorts your good sense of judgement thereby leading to rational decisions.
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