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bigxy

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Everything posted by bigxy

  1. Yes i guess bitcoin moves really that fast however be careful with your trades and good luck!
  2. USd in my opinion is a safe asset class where every investor try to get in during high risks period, however i use to trade EUR and GBP with USD to earn some pips daily.
  3. Why not checking with their support, by the way are you talking about the copy / social trading services..? I haven't tried these terms so far.
  4. Forex is a very professional market which does not spare any traders mistake so they loose at their own while try blaming others like brokers for their own faults. It would be much better if we should start learning about what we like the most to be done, for forex trading if we are interested in it then at least we should learn about how the money can be traded in order to make more money. A demo account can be helpful in this regard which can be used to trade real markets without depositing any real money as they comes up with virtual funds.
  5. Every new trader should start with small amount with any broker just to test their further processes like withdrawal etc which cannot be checked through demo account.
  6. I have seen this and can witness that brokers like hotforex etc offer free webinars to anyone keen of learning forex trading however on the contrary the new traders usually hassles and jump into trading without any prior knowledge which resulted in loosing money.
  7. I see these are some good hand picked ideas however every idea requires to be properly planned with a road map and this plan should be followed thoroughly with proper dedication and passion in order to succeed.
  8. Leverage should be kept low in start because the new traders being unaware of the market conditions may end up blowing their balances as high leverage means high risks as well.
  9. That is a good pick, why not check their support by just giving them a try and getting experience right on one click..
  10. Yeah better to ask their support to save your time rather than assuming self created answers which may not make sense.
  11. I believe that all of the accounts are automatically covered under the FCA regulations IMO..!
  12. According to warren buffet's money management rules are very simple, the first one states.. never loose your money and second never forget rule number one.
  13. Better following the trends rather than going against them, all this comes up with experience however..
  14. USD is one of the reserve currency of the entire globe in my opinion, and every currency becomes popular when it is combined with the USD.
  15. And exactly how can we do that..? Can you please enlighten us more with your wisdom!
  16. I see a lot of brokers recommendations over here however the best suggestion to make notes is that do your own research before choosing any broker.
  17. What i believe is that the leverage can be adjusted through any good platform offered by brokers. New traders should keep the leverage low in start because high leverages can also claim higher damages too..
  18. Indeed, experience comes up with each day which help traders to build up their skills and confidence day by day.
  19. Robots might be good however they cannot beat the manual trading moreover they are usually coded to follow technical analysis so they may require some due monitoring while the highly unpredictable markets.
  20. One single bad trade can kill up to the entire account so it is necessary to cut off losses earlier and taking risks to that extent which we can afford to loose.
  21. Demo accounts are offered by almost every broker with free virtual money to test the broker processes without investing any money with them. Live accounts are where you deposit funds in order to initiate trading.
  22. Brokers have made it easier for every trader these days by providing the required technology needed to initiate trading. MT4 and MT5 are good software which can be accessed through mobile phone or any computer, laptop to trade anywhere accross the globe.
  23. It is good to take one pair and specialise in it rather than goining into too many pairs and getting lost in them..
  24. Actually you are right, there are a few traders which luckily makes some profits by scalping however it is not that easier for everyone i guess.
  25. Yeah that is a sad reality because money make money and we have to invest and take risk in order to get rewards.
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