Search results

  1. A

    best pair for scalping

    I guess EURUSD is the most tradable trading pair; maybe this popular trading pair would be a great choice; Personally I have no experience on scalping; that’s why I am using the word “Maybe”!
  2. A

    Should we ignore loss in Forex Trading?

    Basically which traders follow the money management & risk management rules so keenly, only they are able to avoid their SL’s! Since, MM reduces the loss percentages!
  3. A

    Currency pair recommendations

    Well, if you have a good trading skill then you don’t need to use tons of trading pairs! Personally, I don’t like to use so many trading pairs on my trading chart! I use only the Major 6 pairs! Exotic trading pairs are not my recommendations!
  4. A

    Should we ignore loss in Forex Trading?

    It depends on your trading result, if you are getting a minimum standard trading result, then surely you can avoid the 2-3 SL’s! But if you face SL’s consistently, then you need to go back demo & restart your learning process! On the other hand, money management is such an important parameter...
  5. A

    Demo account or Micro ?

    Such a cool idea, actually I think there nothing like alternative as like demo practice! Demo trading accounts are free, that’s why most of the new traders take this free opportunity as lightly! But, which traders use the demo so seriously in their initial stage of trading, they all are now...
  6. A

    90% failing rate , its true ?

    Basically which newcomers try to make quick money here; they are the gamblers! They are not the trader actually! But , it’s true more than 90% participants are unable to make money here! They all are with low trading skill!
  7. A

    Money Management in Forex

    Money management isn’t that much complicated; just try to use low trading risk reward ratios in your trading! You may see, a numbers of new traders try to grab the quick money here! Don’t follow their path! If you wanna sustain here with for a long period of time, don’t rush, follow the money...
  8. A

    Best Forex Strategy

    Same here, I also use the Price Action trading in my live trading account! On the other hand, I also count the support/resistant levels to indentify the market trend! According to my own experience, indicator based trading strategies are meaningless, besides chart reading skill is such an...
  9. A

    What's your favorite Forex news site?

    True, I started my live trading during 2012-13 sessions and then the scenario was different! FF was one of the most popular news sites in those sessions! Actually, nowadays there have so options, but in my early stage we found only 2-3 options! Nowadays, I use 3-4 free sites but till now use the...
  10. A

    Best Forex Strategy

    Well, it depends on traders trading experience & skill; such as I mainly use the Price Action trading, I personally don’t like the technical tool that much! But I see, a number of traders try to make money by depending on trading tools & signals! There is nothing like fixed syllabus on Forex...
  11. A

    Money Management in Forex

    Money Management is so crucial; there is no sustainable way in Forex unless the money management rules! In my trading, I don’t take more than 1% risk, whatever the purity of entry point is! This I’m diversifying my risk reward ratios in my Forex trading!
  12. A

    90% failing rate , its true ?

    Basically, high trading leverage is always risky! According to my own trading experience, I see most of gamblers would like to use high trading leverage since, their intention is making a huge money by using their tiny trading capital! But the intention of genuine traders is always different...
  13. A

    Scalping is Risky?

    Absolutely, scalping is risky but that doesn’t mean long term trading is out of the risk! In fact, Forex trading is one of the most challenging professions in the world! So, don’t expect easy money here! Try to use your demo 1st, before the live trading! Without having a good trading skill...
  14. A

    Demo account or Micro ?

    In my initial stage of trading I didn’t use any micro type trading account; I started my trading career by demo as like others newbie! I basically used my practice account for a long period of time to learn the facts of technical & fundamental trading! I think, demo is enough if you are serious...
  15. A

    Do you prefer trading only Forex or indices and other instruments too ?

    Personally, I don’t use exotic trading pairs on my live trading! Besides, I have no interest on Indices and others trading pairs! Because, my strategy is only based on the major Forex currency pairs, & I’m completely okay with this!
  16. A

    Is it better to avoid Exotic currency pairs? Why?

    I know a trader who is mainly using EUR/TRY trading pair mainly; but personally I didn’t use this exotic trading pair! As I see, major Forex pairs are relatively cost efficient than the exotic trading pairs! On the other hand, exotic pairs are full of unusual movements, my technical analysis...
  17. A

    tips for become a good trader?

    Absolutely, trading without Stop Loss means we are taking 100% risk ratio in our individual trade position! On the other hand, SL is an important parameter of money management rule!
  18. A

    tips for become a good trader?

    From my side; always use Stop loss and Take profit in your trading! It’s not easy to control your emotions! So, be sincere on your trading plan! There is no way to make 100$ money in your all individual trade position! Be realistic!
  19. A

    Can Tik Tok mess up Forex?

    I got your concern, but you may know Tiktok is a funny social media; it’s not the perfect place to take investment advice; I have no worry on Tiktok, Youtube or any other social media! Making consistent money in Forex is so much challenging, it’s not easy as like uploading video on Tiktok!
  20. A

    Money Management in Forex

    Basically there is nothing like 100% in Forex market; so no one can make here 100% success! Suppose, You got 5 TP’s consistently by taking 1% risk, so now you have almost 5% gain from your last 5 trade positions! And afterwards, you increased the risk ratio around 5% in a single trade, and you...
Back
Top