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radex78
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Everything posted by radex78
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How do you trade if you are beginner?
radex78 replied to Katie_90's topic in Forex General Discussion
If you want to treat forex as a long-term business, you need good preparation since a beginner, you need high dedication to learn, and a strong mentality, only the winner can get victory in every business, and how to achieve success is not instant, in the journey will face so many obstacles, the weak mentality will left out from the business and only become audience to watch another traders get a success. -
Could you suggest a forex trading platform ?
radex78 replied to sam_oi_2's topic in Forex General Discussion
Personally, I use MT4 and TickTrader trading platforms, I use FXOpen broker which offers trading platforms MT4, and MT5, for PC and mobile, and TickTrader for PC and mobile too, I am still more comfortable using MT4, however, TickTrader is designed for ECN broker the platform gives different benefit. One of them included we can trade all CFD market through one platform, which means we can choose pair forex, crypto, stocks, commodity, etc, there is more than 600 tradable asset we can access via one account. -
Hello, which broker offers good trading conditions?
radex78 replied to Nona_3's topic in Forex General Discussion
Maybe there are so many new traders when choosing the broker they face confusion about how to decide, because there is so many brokers in the forex industry that offers various benefit when using the broker, for the long term this is important indeed, I already use FXOpen maybe more than nine or ten years, grateful this is a reliable broker, withdraw process smoothly to process, there are some payment option available, included Bitcoin. -
Demo account still become a good trading tool to make a backtest trading strategy, sometimes I use demo account on MT4 and also trying platform Ticktrader terminal, this is platform designed for ECN broker with more advangates.
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How do you trade if you are beginner?
radex78 replied to Katie_90's topic in Forex General Discussion
The first step trading in demo account beginners can test own selves using demo ECN FXOpen, it is possible you can make a good profit in a demo account and shows result in the crowd then there are investors to join investing real money -
For beginners don't trade on exotic pairs like EURTRY or USDTRY, etc. Because exotic pairs were too risky, the pairs charged big spreads, and high volatile, beginners suggested trading on the major pair low spread like EURUSD, and AUDUSD, in FXOpen the spreads start from 0.0 pips, and possible get negative spreads in ECN account using MT4 or TickTrader terminal platform.
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Need a good broker with a little spread...
radex78 replied to LIAPLEBARSEDA's topic in Forex General Discussion
Good trading conditions of the broker gives convenience for traders during trading activity, low spread broker and fast transaction speed make trading more effectively to catch all opportunity in the forex market, FXOpen still my choice. -
Quick profit from trading can be obtained by scalping trading, however not all traders suitable with scalping trading strateg. Using low timeframe to catch profit from one wave of price movement the quick profit probably obtained in the high volatile market.
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Start Trading with an Old Forex Broker
radex78 replied to justusfreaky's topic in Forex General Discussion
When the trader having good skills to be profitable, choose broker is important for long term business. Usually trader professional will also pay attention to the trading fee, low trading fee gives benefit for traders. FXOpen is one good broker with low spread from 0.0 pips and as true ECN broker. -
Hello, which broker offers good trading conditions?
radex78 replied to Nona_3's topic in Forex General Discussion
All broker usually provided demo account. Beginners they can use demo account first to get familiar with the spread of any pair, execution, trading tool etc. Although different psychology trading in demo and real, demo account still remain useful for beginners tries broker platform and get real experience to understand trading conditions, beginners can trying demo ECN FXOpen that offer low spread from 0.0 pips and become international broker. -
Patience and never give up in the process is required when anyone want to reach a success, keep learning from all mistake and tries to improve skills to get better than before, and eventually enjoy with the process, we can't enforced success come to us but we must take it.
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Hi, what broker has nice conditions for trading?
radex78 replied to Katie_90's topic in Forex General Discussion
There are so many broker in forex world, I have tries several broker, however eventually my option dropped to FXOpen as good ECN broker , for long term I hope this company will survive and gives good services for their millions of clients around the world. -
How do you trade if you are beginner?
radex78 replied to Katie_90's topic in Forex General Discussion
Read more and practice, as beginner still lack of experience, they can reading forex education from various resources and practice using demo ECN FXOpen to get real experience without any risk at all. Using demo account traders can tries trading platform and learn any pairs characteristic to trade and choose one that based on minds easy to trade. -
FXOpen already working in financial market more than 16 years, they having good reputation among traders. The company regulated in ASIC, FCA and CySec. Based on my own experience, this is safe broker. I have been trading with them more than nine years.
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Hi, what broker has nice conditions for trading?
radex78 replied to Katie_90's topic in Forex General Discussion
Scalping trader need fast execution speed to likuidated an order, FXOpen also as true ECN broker, transaction speed just in milisecond, for scalping is comfortable, sometimes I trade scalping on XAUUSD or gold, this in FXOpen has low spread -
Psychology hold more 80% in trading success key, there are some opinion like that, the 20% left is technical analysis, a good trading strategy without strong psychology will leading to fail because often violating trading rules.
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There is thousands broker in forex world, choosing the broker must reliable broker for long term business, however choosing good and trusted must accompanied with good skill trading, it is will vain trading under good broker, but can't make profit from trading because lack of trading experience.
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Sometimes I also using demo ECN FXOpen to learn trading for free trying different straregy, demo account remain useful although only use virtual money, we can backtest trading strategy without any risk.
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I am trading with FXOpen broker, although available more than 600 tradable asset from CFD crypto, forex, commodities, stock, and also indices, however, in daily trading often I choose major pair like GBPUSD, EURUSD, and I like trading gold, with good average movement and low spread this is profitable.
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Reading the news also good to broaden new insight about forex market, sometimes the currency movement there are correlation between economic condition and not only based on technical view, forex is complex although in practice can trade with simple way.
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Need a good broker with a little spread...
radex78 replied to LIAPLEBARSEDA's topic in Forex General Discussion
If you are beginners, trade and practice uses demo account first, don't rush jumped to real trading account if in demo account still often get fail, trading in real account is more hard than only demo account, you can use demo ECN FXOpen to develop trading skill for free. -
I have trades using FXOpen broker more than nine years so far maybe more, and grateful FXOpen still become safe broker based my experience, trading condition is good, low spread especially in the major pair like EURUSD, AUDUSD, and more. Withdrawn process so far also smoothly processed, FXOpen is good broker, my friends also use this broker.
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I'm a beginner in forex trading. What should I do at first?
radex78 replied to Katie_90's topic in Forex General Discussion
Demo account remain useful for beginners, even for experienced traders demo account still gives benefit to backtesting, some traders likes to use automatic trading software to replace their hands making transaction in the forex market, however before uses in real trading account, if possible to test first using demo account. -
Demo account only uses virtual money provided by the broker, resgister demo account also possible through MT4 terminal platform by choose File then cllick open an account, we can check demo account to next step and fulfill form provided, trader can set amount capital based on the own preference.
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Need a good broker with a little spread...
radex78 replied to LIAPLEBARSEDA's topic in Forex General Discussion
Trading with low spreads broker gives more benefit especially when we are using short term trading strategy scalping, or when trader using high frequency trading, lower spread more cheap transaction cost, In FXOpen terminal I use MT4 and TickTrader platform, the spread start from 0.0 pips, even in TickTrader terminal possible get negative spread.