Recent content by shine

The problem is that when copy trading you don't learn anything as a trader, you'll just be repeating someone else's actions. If that suits you, you can try it.

I think this happens because many do not analyze their mistakes and do not find their causes in order to adjust and improve their trading strategy and not make the same type of mistakes next time. They just continue trading with the same poor strategy and step on the same rake again.

The advantage of forex is that we can choose the time and method of trading ourselves and, accordingly, we can build our own work schedule. I also like the availability of forex 24/5 and the ability to trade anywhere in the world. The main thing is that you have good knowledge and experience for...

But we can test different and unknown trading strategies and indicators on such an account for free and without risk and see the quality of their work before risking our real money. So, I think such accounts are useful for beginners.

I think that everyone has the right to choose their own way of earning money. But you need to understand that with copy trading, you as a trader do not learn anything and you will not have any knowledge. All you can do is trust this service and its quality and hope that it will not let you down...

Often, stock trading is more long-term. Shareholders often buy shares for long-term investment, allowing them to grow in price, and also earn on dividends, which can generally be paid from once a quarter to once a year. Therefore, it makes no sense for shareholders to buy and quickly sell their...

I think that for high-quality trading, a trader should not be distracted by anything. He should be focused only on the trading process in order not to make mistakes and not to receive losses. Therefore, if on certain days he is in a depressed state, there are some problems or depression, then it...

To begin with, it would not hurt a beginner to study support/resistance levels, the work of trend lines, technical analysis figures and candlestick patterns.

This pair has quite long trends on higher timeframes, so it is better not to look for quick reversals, which may be just pullbacks.

It is also a legal tender and in each country, their emission is regulated by central banks.

Basically, only technical analysis is used in scalping or short-term trading. Fundamental analysis is used in long-term trading, but here too, when looking for market entries, you also need to know the technique.

If we ignore our losses, we will never reduce them and will not earn on forex. Therefore, each of our mistakes requires analysis and finding ways to eliminate it. In this way, we gradually adjust and improve our trading strategy and it gradually turns into a profitable one.

I have never seen anything like this when trading with my broker fxopen. Yes, on some days I may have unprofitable trades, but at the end of the month I make a profit and withdraw it without any problems.

Unfortunately, those traders who intentionally set high leverage do so precisely for the purpose of more aggressive trading without risk control, in order to be able to quickly increase their deposit to large sizes. But very often the results of such dangerous trading are negative.

Only your trading strategy will help you make a profit. Another thing is that the quality of strategies varies among different traders, so some make money on Forex, and some don't.