Search results

Margin call are pretty scary and everyone should stay away from hitting zero balance on their accounts.

The problem is that people still believe things that are too good to be true, because they are not aware about the regulations and stuff, due to lack of learning. So my advice is to always keep on learning about the markets.

I used to trade in spreads and it was not beneficial for me because I don’t know what is the meaning or essence of the spreads. The simplest strategy in the market is to open two different positions in similar industries. As the gist of the strategy is simple there are many fine intricacies...

Trading style is different for everyone, maybe someone has found the holy grail of spread trading. So it is different for everyone; one cannot just straight away say that spread trading is bad because you never know maybe they haven’t figured it out yet while trading

These are some brokers that I looked into: ICMarkets, Pepperstone, FXTM, Fxview, Fxpro, Axitrader, Cityindex; And here’s how they are all the same: All offering lower spreads on major pairs. All are regulated by different financial authorities (idk how meaningful or not that is). All have a...

All brokers seem the same to me, and that’s a part of the trouble in finding a new broker.

Wouldn't getting in touch with the broker help?

While trading there’s always the risk of money being lost. As long as 1 uses multiple brokers and only regulated ones, it’s all good.

good luck trading!

GoMarkets is regulated by Cysec right? So are Octafx and Fxview, so how is one more credible than the other? I want to know as I am on the brink of finalising a broker after demo trading for 5 months.

Thanks for the explanation. I am a small fry :) not playing big for long, and that too dependent on if my small money pays off something, just exploring options.

What I implied was the risk involved in trading as such.

Then on most days when forex moves a snail's pace it shouldn't be very risky to trade. If one just avoids news trading or when important things are happening in the world, it should be all right.

How much risk with indices? Yet to start with it. Wanted to know any important bits before starting. Thanks a lot.

Yes, I heard. Doesn’t seem that good to me.

Shouldn’t we be used to such things by now?

Yes, criticism is very important as long as it is healthy. And I agree how volatile bitcoin can be, but it is also valuable.

It cannot stay that way for very long. What goes up must come down. And with the uncertainty of the market, let’s just hope that it’s not a nosedive when it happens.

I also agree with it. It uses powerful computers to transact a large number of orders at extremely high speeds.

Being a trader, I have not done any exhaustive study on 5M charts. But, I can say that the 5M chart is quite popular time frames any trader can use. It provides you with the right mix of monitoring the progress details without scalping that further allows you to avoid waiting for more time to...