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  • #21
  • Apr 26, 2022 5:18am Apr 26, 2022 5:18am
Quoting HajiMohsin
the Newcomers should focus on first of all psychology of school which contains all basic knowledge and experience , besides this its more appropriate to trade in a practice account by demo or micro. this is perfect combination for acquiring real basic about trading
Indeed! Although demo accounts are not mandatory, all traders should spend a few months there and practise. Your first job is to develop technical trading skills and demo accounts are perfect to build them.
  • #22
  • Apr 26, 2022 5:24am Apr 26, 2022 5:24am
Crypto is more volatile. It is still a new market and growing, which can make it highly unpredictable. If you’re looking for a less riskier option, then you can go with forex. Though it has a high volatility, it is a well-established market with decent earning opportunities.
  • #23
  • Apr 27, 2022 2:32am Apr 27, 2022 2:32am
Quoting AwrongoJeb
i am very new in this forum , just join. i hope you guys very co operative for beginners level. Thanks in Advance
Hi, welcome to the trading platform. Please feel free to ask anything. You can explore educational related threads. You will get plenty to learn from there.
  • #24
  • Apr 27, 2022 2:39am Apr 27, 2022 2:39am
The Martingale Strategy is commonly used where there is equal chance of winning or losing. It is potentially profitable. However, the risk-to-reward ratio of the Martingale Strategy is not realistic. When using the strategy, larger amounts are spent for each loss until a win is accomplished, but the profit is only equal to the initial volume.
  • #25
  • Apr 27, 2022 2:41am Apr 27, 2022 2:41am
That’s interesting! I had no clue about it.
  • #26
  • Apr 27, 2022 2:44am Apr 27, 2022 2:44am
RSI is the best. But CCI is not bad either.
  • #27
  • Apr 28, 2022 5:08am Apr 28, 2022 5:08am
Quoting KeenPips
Just Musing Must you grow your Forex demo trading account before you open a live account? This is what is generally advised. But must you? Should growing your demo account be the main focus? What should be the main focus? KP
Imo, demo accounts for practice purposes. But if you want to learn and make money, you have to trade in the live market. You can go back to demo trading whenever you want. But you learn when you take risks.
  • #28
  • Last Post: Apr 28, 2022 5:28am Apr 28, 2022 5:28am
Quoting LucifarFx
During COVID-19 so many people join this Forex market place and i am one of them. i started Forex as a part time trader and still now surviving . now focusing on learning approach and maximum time passing with Forex communities to increase knowledge.
COVID -19 introduced people to different ways of making money online, and forex trading is one of the excellent ways. From my experience, I would say only those people survive here who study regularly and update themselves to the market’s needs.
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