Whichever broker you choose, be sure that you check them on spreads and withdrawals once. Here are some brokers that I think can provide you with a good trading experience.
Coinexx
FXChoice
Turnkeyforex
LMFX
Nobody can master this field easily mate. Focus on how the markets work, stay strong on the research part and most importantly, be a disciplined trader. Hope this helps.
Nothing can make you learn trading in a better way than practicing it on your own and that is exactly what demo lets you do. So yes, demo trading is quite essential if you ask me. All those little queries about the platform and the other basic issues can be dealt with a demo account.
Learn, Strategize and Execute! There’s a lot that needs to be done to become a good trader. Go back into your ‘school mode’ and learn the maximum about trading. Seek guidance and then start to trade. Don’t get over-excited, increase your pace gradually.
Traders tend to make a lot of mistakes. They may start trading without having a plan, just on the basis of hit and trial. They blindly follow the systems and anticipate a lot of profits, that takes them nowhere but to incur losses for themselves. Lack of a diversified portfolio and improper...
There is no fixed period as such. I would say do not try live trading till the time you get a strategy in demo account, only then you will be confident enough to tackle the pressure of trading with real money. There is no point of shifting from demo to live trading with losses in your hand.
Frustration is obvious when the market goes in a direction opposite to what you want and expect. But holding on to it can lead you to worse circumstances. Instead, try and anticipate the market alternatives, for it will help you to build a flexible trading plan. Also, never waver from your...
I would definitely suggest a beginner to start with demo trading first. It surely will make you learn a lot before you actually put your funds into the game. It will help you find a good risk and money management technique for yourself. Also, you will be able to handle emotions well if you have...
Trading is all about planning and strategizing. No profits will come your way unless you have a full proof plan ready with you. Before you start to trade, make sure that you carefully decide on what you actually want to trade and what do you want to achieve through that trading. Try and be firm...
forex and probabilities are highly linked. Every trader trades by choosing those securities that have the highest success probabilities according to us. We often make decisions based on our intuitions and guess work. We let our emotions play. So yes, this is what is Forex all about. Just...
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