Recent content by solartimes

Start with demo, you can't go anything wrong with that.

Can vouch for fxview for low commission. Also, Tickmill is a good broker too, their commission is $2 RT just like fxview but you need to have minimum balance of 50 grand

Depends on how you are able to make a consistency in profit. If you are not yet, then keep practicing til you are able to make consistency in profit

EURUSD for new traders, who are venturing into trading.

It is indeed simple, but it can be inaccurate sometimes so best to have few more indicators to use.

Just wanna let you know that leverage shouldn’t be your main focus, do check their trading conditions; whether they are suitable to your trading needs or not. For me, both brokers are good especially if you are looking for solid trading conditions - good execution speeds, tight spreads and lower...

I knew what equilibrium means but interesting to know that it can be applied to forex as well, thanks to supply and demand.

Yeap, one of the perspective that newbie tends to think that they can get rich overnight and all of these became a false hope the moment they lose money when trading.

Demo, if you are still unsure to go live. Else micro

ECN brokers are best when it comes to scalping. For my recommendation, go for fxview as their commission is cheap ($1 per side) and low spreads on many forex pairs.

It is quite good to understand the process behind the losses, you get to know better on why you were making losses so that you can avoid them the next time, providing if you recorded them in journal which will make it easy to help you out in the next trading session.

Oh that is bound to happen. Hopefully this will be resolved soon.

Ideally, it is a good idea to try out exotic pairs to see how it works out for your trading. If it is too volatile, you would either try it out or step back.

Leverage for the beginner should be low so that they can practice and understanding the concept of the leverage, because of them think it means a good thing, when it is just both good and bad. Once you get hang of it, then you can increase the leverage.

Same here, getting low spreads with fxview most of the time and commission is quite cheap - $2/RT, so I am not worried about cost.