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Hello Alexa, Its good to hear that you have saved decent amount of money and you are planning to invest it in the stock market. But before putting your money into these markets, have a better understanding of how market functions and reacts to the global and domestic events. To invest your...

Hello Alex, I dont consider myself experienced to be an experienced one, but I hope it might help you out. Technical analysis is sure a good way to trade where you take confirmation from the technical indicators regarding the current trend. When I do technical analysis, trend lines and some...

This post attracted me at a first glance :P DEMO account means a dummy environment where the money with which we trade is fake and virtual. Think of this, in demo account our broker provides free funds of around $1000 or $10000 or $100000, will they let us withdraw this amount? Will they let us...

Yes, I agree with you that if high leverage is used sensibly it can help the trader make significant gains. But on the other side, our rashness can lead towards our doom. :(

Generally investors think that trading on high leverage will amplify their trading gains. But what about the other side of the coin. Losses magnify as well with the increased leverage since markets can never be 100% rightly predicted. So in my experience leverage should not be much high.

Hey Damiri, Yes I agree Deposit Bonus can be a trap for traders. Most of the traders allow the traders to trade upon the bonus offered and withdraw it when the former complete their volume requirements. But since I and my friends have also asked for bonus from my broker: FinPro Trading, we...

Yes, demo account is actually needed to back-test your strategies. But what I think is certain brokers give different spreads on live and demo, which might affect our trading strategy.

Hey, Yes there are numerous brokers which are market makers and there must be many traders who are happy with their services. But what the brokers are doing these days that being a market maker, they term themselves as "no dealing desk" or ECN brokers. People must be afraid of the MMs because...

Hey, As we all know here forex market is the largest market in the world infront of which even years of experience of the ace traders stand void. But don't be afraid my friend, everything that we start looks tough initially, and as we develop interest in it, we get better at those things...

Even I find MACD reliable enough. The cross over of signal line and MACD line has really great significance when used with other indicators. But my confusion lies as to look into which time frame as it behaves differently on different time frames.

Nothing is enough for learning. Forex market is a big ocean in which as we learn more the things get more deep. Demo account is definitely one of the good ways to learn forex, but actually untill and unless one start trading in the live environment the reality can never be faced.

It is hard to say which specific indicator I use because relying only on one indicator will never solve the purpose. Personally for my daily analysis I make use of Exponential Moving Averages of different time periods which helps me knowing not only about the trend but also about the resistance...

According to me there are number of mistakes we do in trading which goes unnoticed most of the times. Some of them which I remember are: 1. Relying upon a Scam Broker, which means if you have not done full search before selecting a broker, your trades might be in the wrong hands. Yes every...

Ofcourse a Demo Account is useful if you are a Newbie in this Forex world. This will help you get in touch with the live trading conditions and thus, your learning potential will increase. Dive into the Live trading world once you understand the markets pretty well. So for me Demo environment...

Yea Mr. Ravi, I like your approach. Indeed we need to keep these things in mind instead of wondering without any aim or direction. Along with this, I will also say that selling in PANIC is a wrong way to trade. If you trade using technicals or fundamentals, follow them instead of following the...

Yes Johan.21, I pretty much agree with you. This global supply glut and worries caused by China is likely to impact crude oil brutally. :(

Hello, The OPEC, which controls a vast majority of the available oil has not been able to control the production or cut the production.However, with greater domestic production, these three countries are importing less oil and are in fact exporting more oil. Saudi Arabia, the major producer...

According to me, it is hard to find whether our broker is providing us with Fair Trading Rights. And I doubt it majorly when I do news trading. I have heard many of the traders saying that their positions were being closed by the broker during news time. As I trade less frequently during news...

Hey guys, found this thread on Crude Oil so thought of asking about your views on the future of price movements in WTI. In this prevailing supply glut and slow pace of growth in demand of crude oil, what do you expect: will it move below $30?

Hello members, I am Sumita Singh. Trade generally in major currencies, gold and oil. Hope that I would come across number of ace traders, strategies experts and fundamentalists through this forum and thus I am open to any discussion about forex and the related concepts.