hi there,
welcome to the forex world. you can start with demo account first and practice your trading skills over there. well for brokers there are many good borkers from which you can choose one like FXCM, Hot forex, Oanda, Finpro Trading, Octa FX etc.
in my view, high leverage is very risky on one side if it can lead to doubled profits it can lead to doubled losses as well so i avoid using high leverages
JPY is benefiting just because of the risk off sentiments across the world, regarding its economy its clearly visible what is the status of inflation in their economy given this BOJ surprised move of adopting negative interest rates.
in my view different technical indicators works for different instruments, no particular indicator works for every instrument.. i personally use moving averages for assessing the trend
actually in this risk off mood people are using Euro as carry trade currency that is why it is getting benefited from worries over china as it is triggering risk off environment
well losses are also an integral part of your trading, they really play an important role in making you learn a lot of things. they can be managed by the proper analysis including proper fundamental and technical analysis
Hi All,
In my view before going on live environment, i think its important to have an experience with demo account first. Demo is for learning without facing any actual risk. even if you have losses your strategy does not work in any case, you can retry it, you dont face any risk see where you...
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