Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Can’t say much. I know that the crypto market is volatile and we cannot expect it to remain stable forever. Simply waiting for the market to rise again.
RSI and MACD are the best indicators in my opinion. But it is totally subjective and depends on your strategy. You can use whatever indicator helps you the most. Even the Fibonnaci retracement tool gives good results when used with price action.
No matter how hard a trader tries; if he fails at accepting the market as it is and doesn’t adapt to the changes, losses are obvious. You may have a proven strategy but if you don’t update it well in time, it will stop working too. Read news and take ideas from what other traders are doing to...
If there were any mantras in reality, every trader would have become profitable. But as it requires a trader’s own hard work and analysis, there can’t be a single mantra that will work for everyone.
The answer lies in whether or not you can stomach the insane volatility crypto market offers. I have been investing in cryptocurrencies for more than three years now.
Also, would you mind sharing the costs of Divi wallet? I’ve been using capitalwallet at the moment and thinking of using one more...
Where the fake gurus are a reason why traders start their careers, they are also a reason why traders leave trading. On seeing someone having a great trading career, anyone would want to make money like them. But it takes a really smart mind to be able to stay on your ground and not fall for...
Everything you need to know to learn about forex is available on the internet. There are many free courses available that teach you all about forex trading. Some paid courses also provide video lecturing. There are also many books published by genuine traders and market experts to help people...
In my opinion these are the best forex pairs that beginners should start with.
EURUSD
GBPUSD
USDCHF
USDCAD
USDJPY
Since these are the major pairs, they are highly liquid and comparatively stable.
Forex trading is definitely about knowledge. As technology has developed, trading bots have come into existence. But no doubt the bots do not work on the same level as human intellect and instinct. It's much better to hold the reign of your forex trading charts, than let it be driven by bots.
If you’re just starting out, I think you should focus on one or two pairs only, it makes it easier to keep an eye and manage both efficiently. If you open too many too soon, it will increase stress and you won’t be able to handle it all, leading you to loss.