Hi,
There are lot of websites available to learn Forex trading. You can practice in demo account of what you have learn. EarnForex also provides a good source for learning Forex trading. Recently I came up with Forex learning app called "TraderSir". It is especially for beginners and it is easy...
Hi,
Patience is more important in any kind of trading. You have to wait for the candle reaches the right prices. If the market did not meet your strategy, you would leave the market and spend some time in outdoors. You would expect that the market moves in favor of you before the candle reaches...
Hi,
Most of the traders used 1% or 2% risk from account for each trade. Someone used certain amount of money to risk from account for each trade. It is better to trade with risk from the second method which is mentioned.
Hi,
As a new trader, you need to learn all the basics of trading. You can implement your strategies in your demo account. It takes so much time to learn the strategy that will work for you. It is also good to learn from the professional traders. But you have to find the right person to learn...
Hi,
It is difficult to earn more money from $10. You can start your Live account from this amount. You have to use small lot size when trading this amount. Based on your capital, lot size and strategy your profit will be decided. Capital also plays a important role in success. First, you need to...
Hi,
There is a risk for every business and trade. Anyone can start trading easily in Forex. But achieving success in Forex is not such easy. You need to be patience to achieve the goal of success in it. There are certain rules to be followed to meet the risk in trading. If you are stick with the...
Forex market means Foreign Exchange market. Buying and Selling of any two country's currency can be seen in Forex market. Suppose if you are from America, you want to travel to Europe or purchase anything from Europe. You need Euro to do that. So you have to Sell your dollar and Buy Euro. Then...
For every trading whether it is a day trading or long-term trading you have to apply technique. So technical analysis is everywhere. Every technical and fundamental analysis are correlated with each other. But it is difficult to view in short-term trading. You can feel it in long-term trading.
Hi,
When a person comes to know about Forex, they think that it is easy to earn money in Forex. Most of the people wanted to trading in Forex as a part-time. They thought that they would earn extra money by simply sit in front of the trading station and enter into trading. For every business or...
Hi,
Based on your capital and its risk, you have to choose Stop Loss. It is difficult to predict the forex market. So when there is a news release and Geo-Political issues and war there is a chance for breakdown and then trade may reversed. So it is better to trade with Stop Loss.
Hi,
Some basic techniques that can be used to become rich in forex trading.
1)Wait for the right trade. Avoid trading when it does not have the right strategy.
2)Avoid over-trading.
3)Risk and Money management.
4)Trading Multiple time frames.
Hi,
You can start trading account from 100$. It is good to start trading for beginners. But you have to use small lot sizes for this capital. Based on your needs whether you are a short-term or long-term trader, you can choose your capital. If you have large capital, your profit will also be...
Hi,
You can learn how trading can perform in trading platform in demo account. Nobody can start live trading without getting experience in demo account. We can understand that how to enter and exit trade. We can learn the basic terms and its features in Forex trading demo account. But the...
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Here we can expect uptrend in GBP/JPY pair. There is a formation of same chart pattern found in daily chart also there is a chance for retracement in GBP/JPY pair.
Hi,
I came across lot of Forums. But I like EarnForex very much. The way they presented their forum very well. In every forums, there are lot of discussions we can see. I like to post and read in EarnForex because their overall look is better than other forums. They also guide provide course...
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