Recent content by tradenet

Beginners should focus on the positive and not loose confidence because of the panic and stress. Forex might seem confusing in the start but gradually if correct knowledge is gained, it is a great way to earn.

Have you checked fxview?

Tried this one. The taste was just awesome man. Thank you for sharing.

Rightly said. At the end its all about dealing with the various challenges that all of us face as traders. We have to have an optimistic approach and work on them. Its all about survival actually, all of us face challenges.

I'll only talk of forex since I dont trade cryptos or futures. So for forex, you can look for any broker that offers MT4 or MT5 and is regulated at the same time. Fxview and Xm are what i'm using atm, both are solid ones and offer mt4 and 5. Also the good thing is that with these brokers the...

Absolutely agree here. Instead of trading a number of pairs better trade 2-4 pairs for the start for a better understanding. Just remember success doesn't occur overnight in forex, so focus on learning as of now, clarify your doubts and work on your skills. All the best!

Yes totally agree.

Totally agree.

Still to be on the safer side, beginners should not make much use of leverage until they gain some experience. So if you want to use, you can start with something like 10-20x and slowly increase it once you get better at trading.

Imo its always better to be with regulated brokers because regulation ensures safety to your capital/funds. If a broker is unregulated, then one can't be sure about the security aspect since its not backed up by any regulatory organization. Therefore, I would advice you to choose some regulated...

Correct. After all, a demo account is what makes a beginner familiar to the trading world. However many people don't spend adequate time demo trading and are in the hurry to go live.

Currently obsessing over Fxview for their amazing spreads.

Correct. I never take a cup of coffee when I am trading.

That's really useful. Risk management is one of the most important things for profitable trading.

Yup. Agreed, one of the best trading platforms of all time.