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aimhi
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Everything posted by aimhi
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In my opinion online webinars can be a good option over other resources, i like hotforex webinars dubbed in my local language which is easy to learn.
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They also then back test those strategies on a demo account before implementing them to their live accounts.
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I guess we can check trader's insight for any broker on review sites like forex peace army etc.
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Yes many lose money in forex trading and leave markets however some loses more while chasing their lost money. Those who let go off their loses and learn how to trade eventually become successful in future.
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Why are all major stock market indexes so correlated?
aimhi replied to nameeta26's topic in General Trading
There are several other factors which can correlate with the trading like interest rates, major news release etc and they can not be ignored if we wish to become a successful trader. -
Real estate can also have bubbles so better agreed with diversifying the portfolio and much more important is to learn about these avenues where we wanted to diversify our hard earned income.
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I guess the season 2 has ended and season 3 started now with first episode i watched on youtube last sunday or so and still you are awaiting the answer.
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The amount once gone from your crypto wallet is gone forever with no claims of getting it back in my opinion.
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I guess you might then have a proper trade management plan too as in case the professional traders have and to which they strictly stick with..
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Seems like they are making some necessary improvements to give more value and ease of trading to the traders.
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Its a good news in my opinion which means more instruments will be available for trading other than the existing EUR, GBP etc.
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Still the bitcoin is having hard time making 29k last night let see what it is up to noow..
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The professional traders are the one who actually turned out their losing trades into profitable in my opinion.
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A professional trader is actually managing the risks associated with their invested capital so those who does not learn and invest into the market which they does not knew anything about eventually ends up blowing entire account.
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Almost every new trader lose money in forex market so those who let go off these losses and move forward eventually become successful forex trader in future.
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Stop loss feature can help cut off loses earlier than they become too big to afford. Bad days can occur to professional traders as well however they are skilled money managers and use tight stop losses to eject from a bad trade as soon as possible.
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In forex trading we are already risking our hard earned money to make more money and that's why we also have to make strict money management rules and then stick to them.
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Bitcoin has made almost 70K per unit however the trading is still in its in fancy meaning that it may take sometime to mature so i am sticking with the forex currency pairs which in my opinion are the evergreen trading option.
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Also we need to practice a demo account beside learning all those necessary stuff to make sure we are able to apply our skills on real market conditions. Remember forex trading is a very professional market which does not spare any trader's mistake.
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Yet they forgot to acquire knowledge about investing and lose money eventually that's why it is always recomended to take a know how about the trading market or the avenues where you are investing your hard earned money.
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Usually investors hold shares when they buy them from IPOs in my opinion.
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Im new and need some advice to get me started.
aimhi replied to Georgebro8's topic in Beginners Forum
First only trade demo for a minimum of six months and nothing like trading a live account while you are learning in my opinion. -
For practice, a demo account worth weighted in gold because it comes with free virtual funds and the broker does not require any deposit for demo trading so when you trade these demo account and lose money you actually lose nothing but learn experience from your mistake.
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The Impact of Rumors on Financial Markets
aimhi replied to YuliiaStoliarova's topic in Beginners Forum
Buy the news and selling the rumors is the best known slang in the trading industry. -
I guess more than 90% are losers in forex market who end up blowing their account in the start and go home. Then comes some temporary winners who are actually winning for being stupid and they does not know what is going on and what they are actually doing so they are knocked out after some time and then remains the actuals which are not more than 1-2% i guess.