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Everything posted by Cordawield
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Each decision must be clear, balanced and do not give in to emotions, but take it too.
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Some beginners are intimidated by how much information they have to learn and understand how to apply it.
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You need to start work when you are really sure of it, and when you understand that you are ready for it
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Are there brokers who purposefully work in a specific area and therefore you should always carefully study the proposed conditions
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How to protect and secure your Forex trading business.
Cordawield replied to Lin5878's topic in Forex General Discussion
Choosing the right broker gives you very good opportunities to protect yourself, which is why it is profitable and safe to work with an Amarkets broker, and most importantly, you have funds that work 24/5. -
Even if there is no way to circumvent risks, there is always an opportunity to make them minimal, and for this you need to be able to manage risks
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Both leverage and spread are the components that show the broker's capabilities.
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I agree with those who really talk about writing out the terminology for myself, until I learn it thoroughly, they should be at hand.
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How forex launch can make you a profit forex trading
Cordawield replied to Alick Bannerman's topic in Forex Newbies
In order to make money, you need to choose a suitable broker for yourself and whose conditions will meet your requirements, which is why I consider the Amarkets broker to be quite functional and convenient for many areas and for many traders. -
In order to understand which conditions are the best, you generally need to study what scalping is.
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By practicing on a demo account, you can understand where your weaknesses are and what needs to be done in order to prepare well.
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Of course, a trader must understand what the market is and what features they have, because you need to know how it moves on, why it happens, how to react to it, and much more
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In fact, choose the right broker for those parameters that are right for you and for your understanding of trading.
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This is definitely not always, this is the broker's indicator, it is best to look at the conditions that he has.
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I had experience with a broker who had a fixed spread, as for me, was quite overstated, and indeed this was reflected in trading, as a result, I switched to Amarkets, where the spread is from 0.2 pips and I am quite satisfied with this, because there is no is displayed.
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You don't need to perceive the loss as something catastrophic, you need to treat it as a specific experience.
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No deposit bonus from brokers. Any suggestions?
Cordawield replied to boltushkin's topic in Forex Newbies
And there are brokers that offer good bonuses, but it is impossible to take advantage of them as a result. -
Everyone for himself should throw out those conditions that will be suitable for him. Personally, the conditions offered by the Amarkets broker suit me: a spread of 0.2 pips and a leverage of 1: 1000.
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I agree that the best thing is to rely only on yourself and your strength.
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Your every expectation must be justified so we achieve a good result.
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Each pair that you take to trade should be studied and understood.
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Each loss is a lesson that we must learn in order to have a positive result in the future.
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No deposit bonus from brokers. Any suggestions?
Cordawield replied to boltushkin's topic in Forex Newbies
Most brokers give you the opportunity to take advantage of different bonus options. -
The size of yours will greatly depend on your knowledge and your desire to avoid them.
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Personally, I believe that the leverage gives us very good and opportunities, which is why I am quite satisfied with the option from the broker Amarkets in the amount of 1: 1000.