fxoops

I'd say it's quite the opposite, the risk are higher with short term trading

As the saying goes: "practice makes it perfect". You can't underestimate the value of experience.

Everybody is looking for that Holy Grail of forex trading but in the end, there's none. It's all about practicing and mastering existing strategies.

Of course, forex trading is hard. Why do you think over 80% of traders lose?

There are plenty of good websites where you can learn forex for free https://goodmoneyguide.com/how-to-trade-forex/ https://www.tradinggator.com/forex-trading-for-beginners/ https://www.independentinvestor.com/forex/forex-for-beginners/ https://www.chartattack.com/forex-trading-for-beginners/ https://www.babypips.com/learn/forex/tips-for-beginners-forex Hope, it helps and good luck with your forex journey.

There is no such thing as a free lunch. If you want to be a successful forex trader then you need to learn about and work hard.

Sorry to disappoint you but the FCA banned all bonuses - https://www.fca.org.uk/news/press-releases/fca-confirms-permanent-restrictions-sale-cfds-and-cfd-options-retail-consumers That's why only bucket shops offer them.

It's not about the leverage, it's about how you use it. Learn to respect leverage and risks associated with it, here's more.

Here are a few common reasons why so many CFD traders lose: 1. Lack of knowledge 2. Lack of discipline, ignoring their own plans and strategies 3. Impatience... "I need to trade right now" attitude 4. Over-leveraging

Do you find forex trading hard? Did it take you long to become successful?

"The Intelligent Investor" by Benjamin Graham

oh yeah, I've seen people using so many indicators so you can't even see the chart anymore. Use the indicators you understand and comfortable with. No need for 1 million indicators as they will all contradict each other.

S&R strategy is probably one of the easiest and that's why I actually like it. No need for those super duper complicated strategies.

penny stocks are very risky and should be avoided by retail traders

Forex trading is easy? I doubt it... no wonder over 80% of traders actually lose money.