@Jerome If my broker can let me receive my fund quicker or on time, then that would be a good thing because I want to make sure everything is in place. Having a quicker withdrawal is better than waiting for a long time.
For beginner, it is always best to start off with demo before going live with micro.
Imagine starting off and you have no idea where to start, so going live with micro with little to zero experience is a bad, bad idea.
Overall or with brokers? Either way, I spent 11 months on demo trading with Fxview (6 months) & Fxpro (5 months)
Knew that there wasn't any real money involved in demo trading, so for the most part, it is just me backtesting my strategies with them. Experience has been nice with them, tho
One of the horrible mindset when it comes to trading. Please if you are not happy or satisfied with trading, please do not ever consider revenge trading. Just take a break from trading and come back after that.
Demo account is very useful in helping you out in understanding how you can make a strategy for trading or backtesting your strategy so that you can find the way to fix or remove any unnecessary thing. Basically an trial and error situation
Actually right, most of the people go with the fact that the broker is offering 0 spreads but they don’t understand that it will only peak up the commissions. So it is always a wise idea to go with ECN brokers whose spreads and commissions are not zero but low. There are some good examples we...
I think these are some of the must for the newbie:
1. Proper knowledge in forex market
2. Money and Risk Management
3. Knowing how to control their emotions
I feel like choosing a broker can be done in two way. One is making sure to cross check to see if they are legit regulated one or not. And another one is testing out demo to see if the trading conditions are good or not. I have few listed that are quite my favorite broker to use:
1. Fxview
2...
It is quite important that you know the risk and choosing the right skill and knowledge while putting efforts into trading. And having a proper trading strategy can be good result in making a consistency in profit.
Fear is one of the most difficult emotions to be taken out. It comes from inside mentality while trading. One of the best way to overcome that is to be confident and have a good trading strategy set ready, it helps if you have been trading demo as much as you can to strengthen your strategy.