Search results

  1. Y

    What platforms would you recommend based on your trading style?

    Why don’t you access the web trader version of the platforms?
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    Copy trading platforms

    How do spreads work in copy trading? Will those be the same as that of the trader I’m copying trades from or will there be a difference in spreads?
  3. Y

    Jokes 2

    A good laugh can cure everything, even a bad trading day. Thank you guys :)
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    Challenges as a Forex Trader

    From creating a good plan & strategy, controlling emotions, to finding a good broker, a trader has to go through multiple challenges in his/her trading life. But the biggest of all is to cope with them and be consistent with your trading process.
  5. Y

    Should we ignore loss in Forex Trading?

    I track my losses. Sometimes, it happens because of psychological issues, while other times they are because of my strategies. Find out why you are making losses before making any action.
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    90% failing rate , its true ?

    This is true! A high number of traders fail in the market. Out of the remaining, only a few are able to make consistent money.
  7. Y

    Demo vs Live dispute

    I practised on a demo account before trading on a live account. Directly opening a micro account is of no use if you don’t have a tested trading system.
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    Traders Common Mistake

    Many traders fail to complete their education because they are very eager to make money and enter the market with incomplete knowledge, which leads to failure.
  9. Y

    Track your trading performance

    Tracking your trading performance also makes you a disciplined trader. You know where you lack and with practice, you can improve those areas.
  10. Y

    Is it better to avoid Exotic currency pairs? Why?

    True! Real trading is completely a new spectrum. There are so many aspects that come into the picture, and it can be so overwhelming..
  11. Y

    what is your trading pair ?

    Generally, I stick with major pairs - EUR/USD & USD/JPY. I also trade with cross at times. Tried exotic but it didn’t work out well for me.
  12. Y

    Demo account or Micro ?

    I always backtest my strategies before applying them on a live account. But sometimes, I am not able to apply them because I get anxious and scared of losing. I guess both trading accounts are beneficial in their own ways.
  13. Y

    Pros and cons of forex market?

    Because of the market’s flexibility, I can trade part-time and earn extra cash.
  14. Y

    Currency pair recommendations

    EUR/USD and USD/JPY are the best pairs to start trading, as my experience.
  15. Y

    How long did it take to become consistently profitable ?

    It’s going on! At times, I feel like I have cracked the code, but no. Anybody feel me?
  16. Y

    What do you guys do on the Weekends ? :p

    I call them self-care days. I cook for myself and my family. Go out hiking and spend as much time as I can with my friends and family members.
  17. Y

    Forex , its addiction ?

    Of course, it can. I have seen traders who keep on making the same mistakes and still trade. They don’t focus on skills, rather only on making money. Hence, many even blow multiple trading accounts.
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