Actually i guess whenever the trader take forex as a gambling they eventually lose because forex is a very professional market which does not spare any mistakes.
Type: Posts; User: blueberry
Actually i guess whenever the trader take forex as a gambling they eventually lose because forex is a very professional market which does not spare any mistakes.
Then you might have a busy schedule and obviously very tight money and risk management in my opinion.
When we treat it like a business then we need to comply with all the rules and devote our time to learning the tips and tricks leading us to become profitable.
Brokers are actually those who provide us with the technology required to initiate trades in the financial market thus making them our partners who only charge spread or commissions or both.
Like any other business forex is also having the same characteristics which does not make you rich right over the night but yes you can manage your living with the help of it provided you know how to...
First demo for learning how the markets and broker processes works and then shift to a micro in my opinion.
A reasonable expectation might be realistic as forex trading is not gambling however we risk our own money to make more money like risking 1 usd to make 1 or 2 etc.
Forex trading or any trading is a crazy market where my loss is someone's gain and vice versa.
Agreed with you and i guess this hotforex broker allows trading during news release and scalps as well.
The demo to real is free for everyone in my opinion however i have noticed that it has a lot of competition which is good if you want to beat the odds and showcase your skills.
Just wondering if this offer is still available or being closed.
Agreed as learning and building profitable strategy do require time however you should pick one from those twelve strategies and master it to become consistent forex trader.
The new traders have to do some thorough research while choosing any good broker because it is really hard finding true broker these days because we have a lot many brokers operating right now. A few...
Demo account has no doubt a lot of benefits even if is not closely compared with the live account and one of its benefits is that with the free virtual money even if we lose money we actually don't...
I guess the hotforex broker has rebranded to HFM and their site is also changed to new looks, did anyone noticed it so far?
The best suggestion is that if you wish to automate your trading then better to get your own profitable strategy coded in mql to trade using EA. However, EAs do require monitoring during the times...
It took a long time to build a powerful trading strategy so up till then it is good to trade a demo account with any reputed brokers like hotforex, exness, octa, xm, lmfx etc to learn how to trade...
I see there are a lot of traders interested in trading crypto assets however they should also learn trading before investing in it.
Automated trading can have it own benefits but the EAs are usually coded to follow technical analysis which means they might require monitoring during high volatile markets and those who don't have...
Was that a hyip site and if it is still going around ..? I am withdrawing in bitcoin from hotforex so i am planning to invest my profits to other avenues as well.
We can make passive income by referring other friend and family or either by investing into the PAMM accounts however it might be little risky too so invest only which you can afford to lose.
And yet the forex trading is a very professional market which does not spare any trader's mistakes.
The trading should be kept in part time by keeping primary jobs intact for kitchen and other living expenses. Once got good hands on trading then the traders should switch to trading as a full time.
Again we have to test and then trust the broker but before testing and trusting any we need doing some of our own research by shortlisting a few reputed brokers like hotforex, octa, xm, exness, lmfx...
Losses even occurs by professional traders despite of having a good trading strategy because nothing is perfect and no one knows where the markets may move.