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Posted

The fundamental factors are board in aspect, for this reason a trader specially a new baby may fiind it difficult to successfully conduct fundamental analysis in the initial level. Though fundamental analysis is a better analytical tool for the foreign currency exchange trader, technical analysis may well be applicable if a trader is beginner and he wants to enjoy triumphant trading. Nevertheless, there are diverse opinions in the midst of the traders. 

  • 3 weeks later...
Posted

Fundamental analysis is not everyone's piece of cake. People may have some basic understand of fundamentals but it requires knowledge to understand the broader aspect of fundamental analysis. So for most technical analysis is more suited.

  • Like 1
Posted

To become a forex trader you you have to learn it at first. It is not very hard to learn forex. There are enough free information over the internet. You just need to spend a few months to learn everything.

  • Like 1
  • 2 months later...
  • 2 years later...
Posted

Every broker has own conditions, strategy and benefits for a trader. I think that before starting work with a broker, you need to study all available information. It was hard to choose the right broker. I searched a lot of sites in order to find smth good. I also spent a lot of time looking for a broker and accidentally found this site Finarm com, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.

  • 4 weeks later...
Posted
  On 9/3/2021 at 10:35 AM, Michael Butcher said:

Every broker has own conditions, strategy and benefits for a trader. I think that before starting work with a broker, you need to study all available information. It was hard to choose the right broker. I searched a lot of sites in order to find smth good. I also spent a lot of time looking for a broker and accidentally found this site Finarm com, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.

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I am doing my Forex Trading with the International Broker FXopen :)
They have Low Spreads in Gold and Forex Pairs with USD.

image-2021-05-03-T10-20-15-460-Z.png

  • 2 weeks later...
Posted

I don't think any of these analysis types is better than the other. Fundamental and technical analysis are best when used together, because they simply have a different purpose. Even though it is possible to only use one of them, if you use both, you can get really good at spotting trends and building a good strategy.

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