Digital Rahul Posted November 29, 2022 Share Posted November 29, 2022 Forex trading is the process of buying and selling currencies on the foreign exchange market. The aim of forex trading is to make a profit by exchanging one currency for another. The foreign exchange market is a global, decentralized market where the world's currencies trade. The main players in the forex market are large commercial banks, central banks, governments, hedge funds, and investment management firms. The foreign exchange market is open 24 hours a day, five days a week. Currencies are traded on major exchanges around the world including London, New York, Tokyo, Frankfurt, Zurich, and Hong Kong. In order to start online forex trading, you will need to open an account with a broker that offers forex trading services. You can do this online or by phone. Once you have opened an account, you will need to deposit money into it which you can do through a bank transfer or credit card. Once your account is funded, you will be able to start buying and selling currencies. Most brokers offer online platforms which allow you to trade directly from your computer or mobile device. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted November 30, 2022 Share Posted November 30, 2022 Hedging is a technique of trading but it keeps a trader in a dilemma. Personally, I don’t like hedging indeed. For your day trading, Eurotrader can be an ideal broker as it allows traders with a bunch of trading facilities. It is an ideal broker for scalpers and day traders. 1 Link to comment Share on other sites More sharing options...
maspluto Posted December 1, 2022 Share Posted December 1, 2022 The broker is a bridge so that traders can run trades. So that's why traders must be really right in choosing a broker, so that later they can be assisted in carrying out trading comfortably and safely. This is also what I have got since joining the Tickmill broker. 1 Link to comment Share on other sites More sharing options...
Hanan Öberg Posted December 2, 2022 Share Posted December 2, 2022 Forex is a great opportunity for females. If you have internet connection, you can trade forex. Besides so, you have to select such a reliable trading broker that allows you to quickly withdraw trading profit like what Eurotrader does. The broker uses smart bridge technology to ensures traders’ smooth performance. 1 Link to comment Share on other sites More sharing options...
David Meyers Posted December 3, 2022 Share Posted December 3, 2022 Experience works as a shield against huge losses and traders have to successfully earn it at any cost. Always try to use TP and SL in your trading because it will save you from sudden losses. Start trading with Eurotrader broker because the broker is allowing traders with a 111% deposit bonus. 1 Link to comment Share on other sites More sharing options...
pradegxs Posted December 3, 2022 Share Posted December 3, 2022 There are many platforms and brokers so I guess it should not be a problem if you need market access to place occasional trades. If you need something professional I would suggest to look at Hotforex. 1 Link to comment Share on other sites More sharing options...
Digital Rahul Posted December 22, 2022 Share Posted December 22, 2022 When it comes to starting a forex trading journey, there are a few things that you need to keep in mind. First and foremost, you need to make sure that you have a clear understanding of what trading is and how it works. This means doing your research and learning as much as you can about the subject. Once you have a good understanding of the basics, you can then start to look into more specific areas such as risk management and technical analysis. Another important thing to consider when starting out is what kind of time frame you want to trade on. Are you looking to day trade or swing trade? Each one has its own unique set of risks and rewards, so it's important to choose the one that best suits your needs. Finally, it's also important to have realistic expectations when starting out in trading. Don't expect to become a millionaire overnight - success takes time, patience and hard work. Remember that losses are part of the game, so don't let them discourage you. If you keep these things in mind, then you'll be well on your way to a successful trading career. Link to comment Share on other sites More sharing options...
uncle gober Posted December 28, 2022 Share Posted December 28, 2022 Brokers are a very influential factor in my opinion, because we as traders really have to choose the right and appropriate broker first, so that later we can carry out trading activities comfortably and safely, this is also what I have gotten since joining the Tickmill broker. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 8, 2023 Share Posted January 8, 2023 Try to be innovative for forex trading. Staying with the market for a long time will help you catch the actual market environment. Eurotrader provides traders with a 111% deposit bonus, narrow trading spread and high leverage. They make sure instant support whenever traders need. Link to comment Share on other sites More sharing options...
uncle gober Posted January 9, 2023 Share Posted January 9, 2023 The most important thing in the forex trading business is to increase learning and training. Because with a lot of learning and practice it will make traders more understanding and understanding of how forex works, and also make it easier later when trading on a real account with the Tickmill broker. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 21, 2023 Share Posted January 21, 2023 Start Forex with learning. Some examples of risk-minimizing approaches are using small lot size in trading and trading in low spread-consuming trading pairs. Eurotrader provides narrow trading spread and flexible leverage so traders remain risk-free. Link to comment Share on other sites More sharing options...
pradegxs Posted January 23, 2023 Share Posted January 23, 2023 It's very easy to start but extremely difficult to survive. Major brokers state that percent of losers exceed 70%, glad that I adhere to ultra-conservative investment style with Hotforex which basically helps me to earn passive income with very little risk. Link to comment Share on other sites More sharing options...
uncle gober Posted January 24, 2023 Share Posted January 24, 2023 The most important thing in forex trading is to learn and understand how it works. Because by frequently and regularly studying everything about forex, gradually traders will understand and will be ready to do forex trading well with Tickmill broker. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 28, 2023 Share Posted January 28, 2023 To start trading, first you have to select a broker. However, finding a reliable broker nowadays is really tough. Eurotrader is a reliable trading broker allowing investors with a 111% deposit bonus. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 29, 2023 Share Posted January 29, 2023 Start your trading with a regulated trading broker and keep earning knowledge. You can ask successful traders how long they stayed in Forex and ran their attempts for success and you will get your answer. Eurotrader makes sure all necessary supports to traders whenever they need it. Link to comment Share on other sites More sharing options...
uncle gober Posted January 30, 2023 Share Posted January 30, 2023 Choosing a broker must be carefully considered because the broker is the bridge for us to be able to do forex trading. That is why I joined Tickmill, so I can do trading comfortably and safely here. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted January 29 Share Posted January 29 Initially, you need much time to understand price action trading. But don’t be so panicked. Some traders believe price action trading turns a trader rich quickly but I don’t appreciate such belief. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. FXOpulence allows traders with a minimum investment of $100 and they charge narrow trading spread to traders. Link to comment Share on other sites More sharing options...
maspluto Posted February 5 Share Posted February 5 I am still comfortable trading with a long-term approach with Tickmill as my broker. For me, the long-term strategy allows me to prepare everything thoroughly, making trading more enjoyable and maximizing results on my real account. Link to comment Share on other sites More sharing options...
Fin_Trader Posted March 22 Share Posted March 22 First you need to study the theory and then test it in practice. To do this, it is better to first open a demo account. There you will see how some trading strategy works and what needs to be improved in it to make it profitable. It is also important to choose a broker with comfortable trading conditions and low spreads. The withdrawal of profits should be quick. This broker for me is fxopen. It is comfortable for traders with experience to trade here. Link to comment Share on other sites More sharing options...
tradesprint Posted March 23 Share Posted March 23 Demo account can be good option for practicing whatever learned in the theory. These demo accounts can also be helpful in learning from mistakes without risking your own money. Link to comment Share on other sites More sharing options...
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