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I think this is a key factor to consider when trading. Although Forex trading goes on for 24 hours 5 working days a week, I normally see it fit to choose a specific time span during which to trade.
I don’t say that staying in front of your computer 24 hours a day is wrong. However, I think traders should avoid placing trades any time you feel l…[Read more]
chalithuo started the topic which are the best currency pairs to trade for a Forex beginner? in the forum Beginners Forum 20 hours, 27 minutes ago
During the first days of Forex trading, “newbies” often try their hands on every currency pair that pleases their eyes. To most, there is no much of a difference since to them the most important thing is placing an order and closing it with at least some profits no matter how long it takes for the trade to convert into profits.
Although am sure e…[Read more]
Okay, I think there is no “best broker”. It will all depend on whether the Forex Broker meets all the requirements that you are looking for in a broker. Just as it is said that “ones man’s meat is another man’s poison, so is the Forex Brokers. One trader’s best broker may not be your best broker.
However, having said that, I also believe your…[Read more]
chalithuo started the topic Does the amount of money you deposit in the trading account matter? in the forum Beginners Forum 1 day, 3 hours ago
I would say “YES” it does matter.
When it comes to the money I know all “senses” are awake! Money has to be sweated for; it doesn’t just come on a sliver platter.
Also, there is another thing that a trader should always keep in mind: Forex Trading involves significant risk to your invested capital!
With all that said, I think the amount of…[Read more]
chalithuo started the topic Which is the best trading account for Forex beginners? in the forum Beginners Forum 1 day, 3 hours ago
Most of the Forex brokers that I have come across have different types of accounts, which generally have different specifications. The specifications which I have mainly come across are base currency, contract size, spread, commission, maximum open/pending orders per client, Minimum trade volume, lot restriction per ticket, Hedging, Islamic…[Read more]
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