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Type: Posts; User: Lea

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  1. Thread: First Step

    by Lea
    Replies
    4
    Views
    170

    If we must succeed it would be advisable to spend...

    If we must succeed it would be advisable to spend some time for training and undertake a detailed study of Forex trading, become familiar with the terminal, and learn the terminology and of course...
  2. Replies
    20
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    2,880

    Following this thread most times the reason why...

    Following this thread most times the reason why we lose is solely on us because we take rash decisions and don't control our greed, and not necessarily the fault of the brokers.
  3. Replies
    4
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    3,013

    You would want to try out Forex Chief, they have...

    You would want to try out Forex Chief, they have very tight spreads from 0 pips, stp/ecn with no dealers and no requotes. They have done so well over the years and I would recommend them anytime.
  4. Thread: choosing a broker

    by Lea
    Replies
    19
    Views
    11,061

    These things were important for me while...

    These things were important for me while choosing;
    Regulation
    Offices
    Been in the market for long
    Good payment system
    Good platforms and trading conditions.

    I registered with one at first but...
  5. Replies
    4
    Views
    2,525

    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...
  6. Replies
    4
    Views
    2,458

    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...
  7. Replies
    10
    Views
    5,165

    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...
  8. Replies
    8
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    5,830

    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...
  9. Thread: choosing a broker

    by Lea
    Replies
    15
    Views
    2,852

    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...
  10. Replies
    18
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    2,906

    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...
  11. Replies
    20
    Views
    666

    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.
  12. Replies
    5
    Views
    7,939

    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?
  13. Thread: All newbies

    by Lea
    Replies
    15
    Views
    6,371

    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...
  14. Replies
    2
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    2,542

    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...
  15. Thread: Forex beginners

    by Lea
    Replies
    23
    Views
    939

    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.
  16. Thread: Fx Tpis

    by Lea
    Replies
    9
    Views
    291

    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...
  17. Thread: brokers

    by Lea
    Replies
    4
    Views
    517

    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...
  18. Thread: Forex beginners

    by Lea
    Replies
    21
    Views
    576

    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...
  19. Replies
    22
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    2,941

    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...
  20. Thread: choosing a broker

    by Lea
    Replies
    19
    Views
    18,588

    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...
  21. Replies
    9
    Views
    378

    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...
  22. Replies
    28
    Views
    1,161

    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...
  23. Thread: Forex beginners

    by Lea
    Replies
    23
    Views
    939

    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...
  24. Thread: Forex beginners

    by Lea
    Replies
    27
    Views
    1,303

    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.
  25. Thread: Which Broker

    by Lea
    Replies
    28
    Views
    3,298

    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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