TurnkeyForex works well for me. I’ve been trading with them for a significant time now and have never faced any issues during withdrawals. Spreads are also low.
Scalping works great for me. I have been a forex scalper for the last few months and no other strategy could get the range of profits that scalping has got.
So far, the biggest profit that I made was 45% on my $500 trading account. I am sure that the market has a lot of better opportunities in store for me.
I have recently moved to forex trading after trading cryptos for around a year. So, I guess I would use the extra $500 to trade forex with the hope of making more money with it.
As far as it is about using an indicator, I prefer using two at a time because one can be used for determining the entry points and the other one can be used to confirm those. Talking about an EA, they don’t work in most cases. If you are still considering using one, build it on your own as per...
You can never get enough trading knowledge because the market is too unpredictable and every trade will be different. Trade big only when you are sure about the market trend! Otherwise, use just a small amount to trade and see what is going on in the market.
Yes, that’s true. Demo accounts work great when you want to gain some trading experience but can’t afford to lose your money. It’s not just for beginners but also for experienced traders who wish to test new strategies before using them in the live market.
I have tried a few readymade indicators in the past but none of them worked that great. I find it better to build your own EA as per your trading requirements. You will get better results.
To learn to make profitable trades, you will have to trade in the live market. If you don’t wish to take any big risks, you can simply open a micro account where you can trade with a low amount. This will help you gain live market experience and improve as a trader.
For beginners, major currency pairs like EUR/USD are the best ones to trade as they are mostly stable and you can easily understand them to make your trading decisions.
There is nothing like the perfect trading strategy. You have to find the one that works perfectly for you. Just try a few of them on your demo account to see if it is what you are looking for or not.
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