June 26, 6: 09 PM UTC in Psychology. Not everybody who knows the trading techniques theoretically can be a good forex trader. Babypips is a really good place if you are completely clueless about forex.You must be willing to explain your analysis and reasoning for the trade. Good forex or not. Good forex or not. But there are enough opinions on the Internet that you can judge whether this broker is a scam or not.
I would strongly suggest you read and try to understand all of it. In fact, it’ s possible to have good LOSING trades as well as bad WINNING trades. Users posting empty trades will find them removed.
Please do not ask for trading advice. It is structured progressively and the contents are easy to understand. Is forex a good option for me as a student that can' t work? What Makes a Forex Trade Good or Bad?
It is not a good option if you are trading , you will be emotionally affected, you are afraid of losing money that you can’ t afford to lose, because you need money to invest you. The Question of If Forex Trading is Good Or Not Is A Million Dollar Question. To me it’ s a bad idea if you don’ t make money out of it although one must have trading technical know- how , it is Good IF you make money from it experience else one will keep loosing money. There are a plethora of subs devoted to the various crypto topics. Due to NFA' s rule 2- 43( b) implemented last year which deals with hedging FIFO restrictions, it' s not possible to attach stop limit orders to individual positions/ orders. Overall there are a lot of good experiences and only a few negative experiences.
You have to have three things to become a good and successful Forex trader. Do your own analysis.
A good way to trade a volatile instrument like forex is based on technical charts. Still a bit confused? Also - be aware that r/ forex is not your trading journal.Additionally to become a good driver you need to have a healthy body , mind, otherwise you will make problems for the others yourself. Whether not the trade was profitable doesn’ t determine if it was a good bad forex trade. Liteforex is a relatively unknown Forex broker Oanda , AvaFX, not as popular as eToro others.
This sub deals with fiat. May 08, · CMS Forex is regulated by the NFA. It is the same with Forex trading. But surely a knowledge of macro- variables makes the chart reading an easier task or rather adds some perspective when a trader is going to interpret the chart. I' m 19 been trading in forex for a while with a demo account it hasn' t been bad. Not really relevant but if you think babypips is way too much, you' ll have a hard time picking up forex.
May 01, · Is FOREX trading a good idea? I am a 3rd year college student ( entrepreneur) and I love business. I have been wanting to get myself into some trading with stocks and learn to build up from there.