Recent content by PeterNguyen

You can check out the Aximtrade review. They have min deposit of just $1 so you don't have to commit a lot of money to test them out.

Cent account (micro account) is definitely better since having low risk with small investments will teach traders to be more cautious than a risk-free demo account that can create some pretty bad habits for when they switch to live account.

The price movement of currency pairs are very small for any meaningful profit without a huge capital as said above. So imo trading using small leverage is still better as zero leverage isnt that great at all unless you have massive investment going on to see any decent profit.

Price action trading is a strategy employed in financial markets, particularly in forex trading, that centers on examining the price movements on a chart without utilizing any technical indicators or other tools. Traders who utilize this strategy depend on their ability to interpret and analyze...

You can try out aximtrade copy trading, they have an easy and quick copy trading process with clear info on the manager strategy but i definitely would suggest you check and think carefully before committing to any copy-trade.

Copy Trading is better for learning about trading strategy and trying to understand why their strategy works. I wouldnt suggest you to completely rely on them. Also it's ideal to check carefully if their trading strategy works in long-term or you might run into a big lost.

Aximtrade allows you to trade CFDs on metal like gold so check them out

Copy trading can be pretty good for new traders but it can be a double edge sword. You need to carefully check if the person you want to copy trade has a consistency strategy with stable profit.

Attending an online forex course to learn about forex trading should be the first thing you do before choosing a broker and open a demo account with them to practise, from then just keep practising until you ready to move to live trading.

Emotion management comes with practise and experience. Beginner traders often will fail this as they have never trade with real money before.

trading without leverage on forex will be tough to make a decent profit unless you have alot of capital cause the movement isnt big enough for small position to make a good profit.

ECN account is great for scalping as it's offer low to zero spreads for scalpers.

Copy Trading is fine for beginner so they can learn from it but definitely need to check out if there are any suspicious about the copy trade they are copying from.

Check if broker offer cent account as it's better for beginner cause you can start small and learn as you go cause beginner are more likely to make mistakes and loose.

trading on cent account is much safer for beginner traders as it's low risk and less investment so even if they make mistakes they arent gonna loose alot of money.