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Type: Posts; User: Stephen Law

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  1. Replies
    3
    Views
    82

    When trading in Forex market which has become...

    When trading in Forex market which has become biggest currency exchange market we the trader need to trust the broker. But every broker is not safe for us. There are many scam brokers so very...
  2. For any types of people Forex trading is a...

    For any types of people Forex trading is a perfect profession. Because there is no restriction like other business. It gives huge opportunity to earn huge profit if you can trade properly. The main...
  3. It is very important while we are trading in...

    It is very important while we are trading in Forex market to reduce our emotions and not be greedy because greed makes us fail to make profit and we get loss. So, if we can trade without being greedy...
  4. It is true Forex trading is a profitable business...

    It is true Forex trading is a profitable business and there are different categorical traders. According to the trading needs traders pick their trading style in Forex. But full term and part term...
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    6
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    336

    We all know that forex is a risky market....

    We all know that forex is a risky market. Anything is possible in the market. Traders have to be cautious in every move to survive long in the market. Every trader should follow a proper risk...
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    9
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    105

    The best way to learn Forex trading is to read...

    The best way to learn Forex trading is to read books or have a good mentor. if you prefer to read the book I recommend ďForex Trading: The Basics Explained in Simple TermsĒ by Jim Brown is a good...
  7. Forex trading plans are a piece of information...

    Forex trading plans are a piece of information about traders' trading styles like open trade price levels, technical and fundamental indicators, trader goals, and plans for the right time to close...
  8. Replies
    4
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    60

    Forex trading can be difficult for beginners....

    Forex trading can be difficult for beginners. Forex is a popular market but many people still donít know about the market or misconception about the market. Many come to the market to become rich...
  9. The risk-reward ratio is a risk management...

    The risk-reward ratio is a risk management strategy. It is a calculation of how much risk you take in a trade and how much profit you aim for. I use a minimum 1:2 risk-reward ratio. Thatís means, if...
  10. You can make unlimited profit from forex market....

    You can make unlimited profit from forex market. But there have some conditions. First of all you have enough knowledge what should trade and what should not. After that you need to choose a better...
  11. Replies
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    117

    Spreads is an important tool of forex trading. It...

    Spreads is an important tool of forex trading. It helps a trader to maximize his profit and earn a lot of money. So, trader should choose those broker who are giving low spreads. I am currently...
  12. We all know that, risk is a common factor in...

    We all know that, risk is a common factor in forex trading. From beginner to professional every trader has to face the losses. Those who can not cope up with loss are not suitable for the forex...
  13. Replies
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    109

    We all know that broker is an important tools of...

    We all know that broker is an important tools of trading. I am currently trading with Tpglobalfx . They have tight spread starting from 0.01 pips and high leverage maximum 1:500. on the other hand...
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    195

    In the forex market, a lot of traders lost their...

    In the forex market, a lot of traders lost their money because of fake or bad brokers. Brokers play an important role in trading. Making profit or having loss is mainly depends on the broker. while...
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    139

    Traders should choose a trading strategy acceding...

    Traders should choose a trading strategy acceding to their trading style. Scaping is short-term trading. It is best suitable for part-time traders as they do not have a lot of time to spend in the...
  16. Replies
    6
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    113

    A price gap on a chart is the zone where is no...

    A price gap on a chart is the zone where is no trading or price movement in between. in Forex, gaps are a very common concept but happen rarely. the gaps often occur on weekend. Every Trader should...
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    87

    Traders should always choose a regulated broker...

    Traders should always choose a regulated broker to trade in the forex market. Scams brokers increase in the forex market. Regulation is the best way to identify them. Most of the time unregulated...
  18. Replies
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    90

    The foreign exchange or forex market is a global...

    The foreign exchange or forex market is a global marketplace where national currencies are traded. Traders can trade currency to earn money in the forex market. Every new trader should learn trading...
  19. Thread: New trader

    by Stephen Law
    Replies
    6
    Views
    81

    Traders need the trading platform to trade in the...

    Traders need the trading platform to trade in the forex market. Broker offer all kind of tools and platform to traders. MT4 and MT5 are the most popular trading platforms. Almost all broker including...
  20. Thread: Scalping

    by Stephen Law
    Replies
    6
    Views
    820

    If you are new at forex market, at first you...

    If you are new at forex market, at first you should study about market properly. You need to choose a good broker who will help you to operate your trade and give guidelines to you. You can get all...
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    99

    Forex is not a game. It needs a lot of knowledge...

    Forex is not a game. It needs a lot of knowledge and patience. A trader must have all kind of knowledge about forex market before he starts to trade. Knowledge can be gathered by so many ways. If any...
  22. Loosing money is a common thing in forex market....

    Loosing money is a common thing in forex market. Even those who are professional in forex market also loss money in forex market. But if you are wise enough to make a good choice loss can be...
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    4
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    69

    Traders should choose a trading strategy acceding...

    Traders should choose a trading strategy acceding to their trading style. Scaping is short-term trading. It is best suitable for part-time traders as they do not have a lot of time to spend in the...
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    6
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    75

    Lot represents the size of trades in the Forex...

    Lot represents the size of trades in the Forex market. It is the number of currency units you will or want to trade. Brokers often reduced this amount so much that traders can start trading with low...
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    118

    The main purpose of Forex Scalper is to grab very...

    The main purpose of Forex Scalper is to grab very few pips as many times as possible during the busiest hours of the day. It is one of the most popular trading strategies in the market. Traders try...
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