Important tips

[John Vaughan]

Important tips can be given by anybody however it is fundamental not to take it from everybody as that will never lead into great outcomes. We ought to be hoping to have tips from ones who have encounter not one who tries to be over keen as that will likewise influence us to fate and that will be bad for our capital. I will give one tip and it's extremely straightforward which is to simply to work with a quality Brokerage organization like XeroMarkets, it is regulated that has additionally won various honors to appear for their accomplishments and their client benefit is good to the point that it generally keep us helping in any circumstance we battle.

[Jo Eshuijs]

Spread is the best trading element in Forex trading that always help to make profit easily. Especially the scalper always depends on the lower trading spread. Because with certainly only the lower spread supports the traders to make good money. I choose Forex4you as my trading broker and they give me the tightest trading spread and also very low spread from 0 pips, so that I am able to earn good money in a short time.

[pradegxs]

On 4/20/2020 at 4:06 PM, John Vaughan said:

Important tips can be given by anybody however it is fundamental not to take it from everybody as that will never lead into great outcomes. We ought to be hoping to have tips from ones who have encounter not one who tries to be over keen as that will likewise influence us to fate and that will be bad for our capital. I will give one tip and it's extremely straightforward which is to simply to work with a quality Brokerage organization like XeroMarkets, it is regulated that has additionally won various honors to appear for their accomplishments and their client benefit is good to the point that it generally keep us helping in any circumstance we battle.

Thanks for your help and words they were useful? By the way which broker can you recommend for a newbie? Is Hotforex a good choice for trading small lots and high leverage? 

[uncle gober]

Tickmill provides a demo account and educational programs available to help traders to become better at improving existing skills and experience well. There is also a rebate promo to increase profits well.

[Ross Edwards]

To trade in forex knowledge is very important. Without the knowledge of forex a trader can lost all his investment. A trader can gather knowledge about forex from anywhere. To get proper knowledge about forex a trader can take help of demo account. A trader can trade like live account in a demo account without any risk. I got knowledge about forex by trading with a demo account of TP Global FX. It helped me to get all kind of techniques and knowledge about forex. So, demo account can be an important source of knowledge about forex.

[maspluto]

demo accounts and education programs that exist must be able to be considered properly, this is needed and needed so that traders can become better and can get more leverage in generating profits in accordance with expectations with Tickmill.

[Brendan Hill]

A pro trader always records every trade. When you make a winning trade, you want to know exactly how and why. More importantly, you want to know the details of your losing trade to avoid unnecessary repeats. Make a note of the entry and exit conditions for each trade, target values, resistance and support level, daily open range, etc. Record why you made the trade and what you learned by making the trade.

[mlawson71]

That is very useful advice and I fully concur! Being able to go back and see what you did right and what you did right can really inform future trades.

[Brendan Hill]

Time and Investing works hand in hand to place the trading strategy. Understanding each strategy leads to measuring the estimated timeframe used for each trade, as each trade approach adjusts itself to different timelines. For example, scalpers target short timeframes, and position traders prefer long timeframes. The trader should have good knowledge of timeframe in forex trading.

[maspluto]

trading plan will indeed be needed and needed by traders, this is done so that traders can become better and can get more leverage in producing profits in accordance with expectations and can become a trader of the month Tickmill.

[Hanan Öberg]

95% traders are failure because they all belong to same psychology and wrong strategy. Improvement may take time but it remains for a long time. They don’t have patience and discipline in trading. FXOpulence uses advanced technology so their traders can run smooth trading.

[uncle gober]

That's why it's crucial to manage our own psychology as best as possible, and don't forget to enforce discipline. This is done so that traders can eventually experience comfort and security in their trading endeavors. This is also something I have applied at Tickmill.