Recent content by Miguel!!

1. Have risk management strategies 2. Technical and fundamental analysis 3. Stay ahead of market trends 4. Keep emotions under control 5. Discipline, discipline, and more discipline

Hi Caroline, I belong to the EUR/USD club! Anyone else here?

For constant earnings, one must be willing to take chances and understand how much risk can be tolerated in order to balance profits and losses. Create a mechanical system and adhere to it religiously; that is the only way.

One of the biggest reasons traders lose money is a failure to appropriately manage risk. Setting stop-loss orders and adequately sizing positions are critical for controlling losses while trading equities.

If you are convinced that you will just be trading forex and CFDs and want to make things as simple as possible, MT4 is the preferable option. It is a simpler platform that is easy to grasp. Whether you trade equities or many asset classes, MT5 is unquestionably the platform for you.

Since the MT4 only supports trading in currencies, I prefer the MT5, which also supports trading in commodities.

The best pairs in my portfolio for the next four hours are the EURUSD and USDCHF.

Depending on the currency group you will trade, different times are appropriate for trading. For instance, if I use the majors in the Forex group as an example, it is usually advisable to trade USD at the NY opening hour.

The forex advertise runs on the typical trade hours of four diverse parts of the world and their particular time zones. The U.S./London markets cover (8 a.m. to twelve EST) has the heaviest volume of exchanging and is best for exchanging openings.

I mostly trade with currency pairs, but when I trade with gold I prefer to use the h4 and h1 time frames, since I only receive a few signals in a month, which is why I trade with currency pairs mostly.

In my opinion, the safest currency pair to trade is EURUSD, because its liquidity is higher and its volatility is lower, making it easier to predict than other currency pairs.

After all the issues with crypto crashing down, binary being unreliable, forex is the suitable choice because it is one of the biggest markets in the world and it can be predicated by analysing & learning about the forex market.

I trade using the range trading strategy since it takes advantage of the markets that fluctuate and it identifies a range at which traders can buy or sell in a short period of time.

Which currency pair is suitable for beginner traders to trade during live trading that has lower risk and losses?

I'm a newbie as well, looking for broker suggestions with a minimum opening balance of $100 and good customer service since I may have many questions during the initial stages.