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bigxy

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Everything posted by bigxy

  1. bigxy
    It is always better to search for the right broker before putting up you hard earned money with them. Sadly many traders fell victim to scams every year but they never tried researching before investing.
  2. bigxy
    There is a huge list of brokers out there like hotforex, xm, octa, exness, lmfx etc which offers demo account to trade for free in order to test their services before depositing any money with them.
  3. bigxy
    We can learn trading without investing money so if we lose we didnt lose any money yet we can learn from those mistakes and improve our trading skills with a demo account.
  4. bigxy
    Almost all of the reputed brokers like hotforex, exness, xm, octa, lmfx etc offers free demo account for practice as these free accounts can be used for testing the brokers processes without depositing money with them.
  5. bigxy
    Crypto is now also becoming a payment method in my opinion.
  6. bigxy
    Ultimately brokers and traders both are in the market to make money and if we earn 200 we will not care of paying 20 for the services in my opinion.
  7. bigxy
    Hard work with a lot of patient and dedication towards what we are doing. Success does not come right over the night but it takes time.
  8. bigxy
    Consider shortlisting a few reputed brokers like hotforex, octa, xm, exness, fxcm, lmfx etc and then checking reviews on sites like fpa and trading their demo account to further shortlist which one suits our need. Once a broker is finalized always start with small amounts to further test them and their processes like withdrawal etc which we can't usually test through their demo accounts.
  9. bigxy
    It usually take time and experience to come to a consistently profitable trading strategy in my opinion.
  10. bigxy
    So far they are only accepting crypto as payment deposit and withdrawal method which is quite efficient, easier and quicker like skrill etc.
  11. bigxy
    Demo accounts are always helpful in learning forex and broker processes without depositing any money with the broker in my opinion.
  12. bigxy
    I guess starting with a trade management plan and reviewing our trading journal regularly for improvements.
  13. bigxy
    Those who trade against the trend should know that when the market leaves the specific point it will never come back to that level if you went wrong so do some of your own research.
  14. bigxy
    Stop loss feature helps cut off our losses earlier before it wipe out all of your entire account.
  15. bigxy
    When the markets are in deep blood bath i guess better to stay on the side ways and watch till you find any confirmation of market changing from being bearish to bullish.
  16. bigxy
    Back testing actually allows more confident however keep in mind that the past trading results does not guarantee any future performance.
  17. bigxy
    Twelve years is a good amount of time invested by this broker and it is a good news indeed, kudos guys!
  18. bigxy
    Attracting customers through bonus might also be a valid tactic used by the brokers however it can also help traders who know how to use it and maximize their profits/ Those who on the other hand does not knew what to do eventually lose their own capital as well in the trading.
  19. bigxy
    We almost learn everyday which adds to our experience so prepare to learn new things with each passing day.
  20. bigxy
    Bonuses are always associated with certain terms and conditions so they are really hard to reach at certain threshold in my opinion. Those who does not want to avail bonuses can still have option to go to account opening without availing bonus while those who want to avail any bonuses should read the terms and conditions thoroughly before availing them.
  21. bigxy
    Exactly i do have the same preferences and i do like working manually with entering the market on right trading opportunity.
  22. bigxy
    And why not shortlisting some other reputed brokers like hotforex, octa, xm, exness, lmfx etc as they have good market repute in my opinion.
  23. bigxy
    Pretty straight forward yet precise answer however what if the trader should start developing necessary skills and self confidence to rely rather than trusting those signals services which might double the trouble as they are hard to guess.
  24. bigxy
    I think you can use crypto for funding your account and withdrawing too .. !
  25. bigxy
    Initially we can use one or two indicators but should not rely on them totally because they are lagging indicators showing the past performance.
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