Recent content by Ricter

To avoid issues such as manipulated pricing, use a regulated broker. To know more about regulated brokers and bodies that regulate them, check this thread out - https://www.forexforum.co/threads/most-important-forex-regulatory-bodies.25813/#post-179868. Hope it helps!

Choose a broker that is reputed and reliable. Make sure to conduct a background check and read online reviews on various platforms.

Some brokers make it really difficult to withdraw your funds saying that you don’t fill the criteria for the withdrawal. You must check all the terms and conditions so that you are prepared for such issues that may come up.

Over the years, I have started believing more in offshore brokers because they have better trading conditions and put no restrictions on your trades.

You may have already created a list of the features you want from your broker. But just make sure that they are regulated because it’s such an issue to withdraw your money from unreliable, unregulated brokers.

I have also heard of such brokers. This is why I trade with true ECN brokers only. Their pricing policy is transparent and the spreads are the lowest as well.

Trading is a difficult activity and you do well at it only when you know what it is. So, when you are learning, make sure that you keep notes of whatever you are learning. This will help you when you are revising on your demo account.

I don’t believe in what others say and that’s what I would recommend to you too. If you feel the need to use an EA, you must use it. But yes, keep your risks low in the beginning until you are sure about using the EA.

Forex trading involves taking risks. When you trade forex, you are always putting your money at risk. Because there is no guarantee that you will receive your money back, it is a skilled profession. Before you trade, learn first, practice before you take risks, mentally prepare yourself before...

To be a great trader, you must have a lot of expertise, know how to handle your money, have strong analytical skills, and be able to recognize market patterns. Never give up and constantly learn from your failures to be successful in the long run.

Hello there, first of all, welcome and second of all, decide the pair you want to trade and your timezone and then you can find the best time. It also depends on your trading style and goals.

Well, it's fairly simple to comprehend. It's essentially the management of your finances and strategies to ensure that you aren’t at the losing end when it comes to your profit, and rather, are gaining money. My personal risk management strategy is to not risk more than 2-3% at a time.

Well, here are some: Trading in zone Japanese candlestick charting techniques The ultimate price action trading guide Hope it helps.

Money management not only minimises the risks but also allows traders to use their funds judicially.

Beginners should prefer trading the major currency pairs as they are more stable than minor and exotic currency pairs. They are more predictable and hence are profitable.