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Everything posted by Balhala
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Yes, the main trading is 5 days a week, but sometimes I leave transactions open for the weekend
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Forex quite abruptly changes the attitude to the situation and provides an opportunity to learn to control yourself.
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Without a strategy, of course, it will be very difficult to trade, so the faster you learn to develop it, the faster the desired income will be.
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Some of the traders recommend using the minimum possible stop loss, as this allows you to secure your existing deposit.
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Without special knowledge, forex can not be conquered. For myself, I concluded that I did the right thing when I was trained with the broker Amarkets
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A successful trader is disciplined and can minimize drawdowns of his trading account
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The ability to correctly analyze the price chart of a currency pair is one of the key skills for a trader
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I can pre-establish a safe loss level for us, based on the strategy and degree of aggressiveness of trade.
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Is it advisable to trade on all currency pair as a newbie?
Balhala replied to flybiz08's topic in Forex Newbies
Eurodollar currency pair the most popular pair at auction. She has a low spread indicator. Personally, I started trading at Amarkets with her. -
Not everyone remains to work in this area, as not everyone has the shutter speed.
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Earn the one who will develop the right strategy and calculate the maximum risks.
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It also seems to me that the concept of perseverance and hard work is more suitable for trading.
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Indeed, many are engaged in scalping in order not to make critical errors.
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Factors that are considered while choosing a broker
Balhala replied to Gee Dee's topic in Forex Newbies
I chose an offshore broker with a good reputation and a good payment system. -
Another plus of the Amarkets broker seems to me to be analytical forecasts and a personal manager.
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It seems to me that it’s not sure that it gives rise to errors and unjustified risks when trading.
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Forex now is one of the Online Business
Balhala replied to luke1's topic in Forex General Discussion
I completely agree with this opinion that Forex is an online business that is firmly conquering the market. -
Amarkets has good bonuses that you can really use. One of the last ones that I liked was Cashback from AMarkets returning funds from trading transactions.
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By and large, it is advisable not to deposit a large amount to beginners who are just starting to trade and are not yet completely confident in their abilities.