Recent content by antwanmcdonough

Build a strong basic foundation so when you do find yourself in a tense situation, you take time to understand how to approach it with a solution. There are many books available online that can help you gain a deeper understanding of market sentiment. Learn and make notes. Keep an open mind.

With forex trading being a serious business, I believe losses are normal and natural. As you cannot move ahead without a loss, you better find ways to keep trading if you lose your money. It’s important to be sure about what you want to do and how you want to do it.

You cannot be sure about a trading strategy just by reading about it. You will have to use it on a demo account and then on a live account to be sure about it. Beginners; don’t just read about strategies but also use them to find out how you wish to proceed further with the help of a certain...

The Internet is the best place to learn about any topic, including foreign exchange trading. There is a wealth of information out there that can help you become an expert in foreign exchange trading. Pick a few good references from that list, and put some of your time and energy into expanding...

Forex trading is not an easy way to make money. However, if done correctly, It can assist you in making a lot of money based on your knowledge and experiences. It is preferable to prioritise learning over earning money.

You can check out coinexx and eaglefx, trading begins at $10, and they both offer low spreads and commission of $2/rt and $6/rt respectively.

Price action is the best indicator you can bet on. Always learn different indicators if you want to get success in this market.

Please don't rely 100% on the forex signal. Conduct your own analysis and derive your own trading signals.

You must learn from and apply the knowledge, skills, and ideas of others if you want to develop your own abilities. Once experience is gained, you can then put your knowledge and creative ideas to use.

It looks very interesting. I am going to try it on my demo account. Thanks for sharing.

You must learn the technical indicators and get a good hold on your trading strategies practising on the demo before trading live.

For me, scalping works best. I use EMA and Bollinger bands followed with a proper trading plan and strict risk management.

Coinexx. I've been with them for so long and the trading conditions are unmatched especially spreads and trade execution.

I agree, practising is one of the most important steps in the process. Take your time to figure out a working strategy and calculate a strong risk ratio so you can make decent rewards as the process continues. Stick to the plan you started with and maintain discipline. Control greed and fear and...

First, invest time reading up on trading and the FX market. Online or offline learning is an option. Then start practising on a demo account prior to creating a real trading account. Create, test and backtest the trading strategy properly before applying it on the real market.