Recent content by fargone

for making bucks? yea, i'd say forex is a good place if you only knew how to trade, else do not expect anything. Forex is not an easy business, you need to spend hours and hours in understanding the concept and trading so that you can get there one day.

yeap, i think it is a good idea but I wonder if this change will have any effect or not, even tho i have never faced any issues using them :rolleyes:

Yea, regulation is a must if you are concerned about the safety of your funds. Although I would recommend in paying attention to their term & condition before you register with them, because some brokers come with restricted trading conditions which make it a bit difficult to trade if your...

Affiliate program that comes with broker is also a good way to start earning, if you aren't so particularly fond of trading.

I agree. Also i feel that you can first trade in demo account and once you get the confidence, you can open an account with a small amount to test the waters.

yeah, it's $2/RT, and spreads wise, it is low.

It has a potential to become an addiction, if you do not keep any pace in your trading, keeping in mind of your psychology and strategy used.

Been doing some trading in usousd for a few weeks now with fxview - getting solid spreads and low commission of 2 bucks rt.

Yeah, liquid currencies have a better stability and can ensure the return, but you cannot expect for the same, without putting an effort in researching and learning.

This is one of the example. You just need to keep researching and tuning the strategy, asking on internet how to have a success trading won't get the same result. It is just how the trading is.

Determination and discipline are two biggest challenge to be faced.

In case there are some people who are still looking for broker, this thread should be helpful - https://www.elitetrader.com/et/threads/list-of-best-regulated-brokers.362682/

Very true. You grow from your mistake, so if you ignore the losses, how will you be able to grow?

Usually I go with 30SMA or 50SMA

Just your price's movement in which it allows you to read the market.