Results 1 to 8 of 8

Thread: Capital isn’t a big issue in forex trading

  1. Top | #1

    Join Date
    Jul 2020
    Membership Number
    2243
    As the User
    Forum Master
    Posts
    1,060
    Posts Per Day
    0.79

    Default Capital isn’t a big issue in forex trading

    Traders should continue to be better traders, even if they gain enough confidence. It is easy to start. Capital isn’t a big issue in forex trading. Traders can start trading with as little money like $ 100. But I started trading on Eurotrader for only $50. It also takes no commission, no hidden charge, no requotes, and many more.

  2. Top | #2

    Join Date
    Jan 2020
    Membership Number
    2201
    As the User
    Forum Master
    Posts
    373
    Posts Per Day
    0.24

    Default

    Knowledge is the main strength in forex market. There is no use of capital if you don't have any knowledge. A trader need to get all kind of knowledge about forex before entering into the market. So, it is very important to gather knowledge. A demo account can be the best option to get knowledge about forex. I also used a demo account of Tpglobalfx when i started my trading career. That account helped me to get all kind of knowledge about forex and helped me to make what i am today.

  3. Top | #3

    Join Date
    Aug 2017
    Membership Number
    224
    As the User
    Forum Master
    Posts
    1,556
    Posts Per Day
    0.64

    Default

    Professionals traders do not gamble in trading. Before start trading, pro trader always does their analysis and try to choose the currency pair with the most specific conditions. As for me I prefer major currency pair. I am trading with Forex4you which is a regulated broker. They give me low and tight spreads in major pair. That’s why I love trade in major pair.

  4. Top | #4

    Join Date
    Nov 2018
    Membership Number
    364
    As the User
    Forum Master
    Posts
    480
    Posts Per Day
    0.25

    Default

    No, you are not right as capital is really needed in trading Forex but yes if your broker gives a good amount of bonuses then a small amount is okay and in this case, FreshForex will be a good place they are giving up to a 300% deposit bonuses for their investors.


  5. Top | #5

    Join Date
    Jun 2020
    Membership Number
    2234
    As the User
    Active Member
    Posts
    334
    Posts Per Day
    0.24

    Default

    Lot represents the size of trades in the Forex market. It is the number of currency units you will or want to trade. Brokers often reduced this amount so much that traders can start trading with low capital or money. My broker Forex4you offer a minimum of 0.01 lot to maximum 1000 lot for all kind of traders in the market. Choose a lot size according to your risk management strategy.

  6. Top | #6

    Join Date
    Nov 2017
    Membership Number
    238
    As the User
    Forum Master
    Posts
    710
    Posts Per Day
    0.31

    Default

    In forex trading, an expert advisor (EA) is software that executes your trade on half your instruction. It is an automatic trading software which is used to avoid the psychological problem. Traders also need a VPS server to run this 24/7. Traders need to pay for VPS services. I recommend new traders should not use EA and choose the broker like TP Global FX which support all kind of EA in their platforms.

  7. Top | #7

    Join Date
    Aug 2020
    Membership Number
    2246
    As the User
    Forum Master
    Posts
    888
    Posts Per Day
    0.67

    Default

    With basic knowledge, traders can make money from the forex market. Without it, traders will lose a lot of money in the market. For this reason, many Forex traders frequently use stop-loss orders to minimize the risk of trading. I am also a Forex trader and started trading on Eurotrader. It also gives lots of deposit/withdrawal options including BTC and much more.

  8. Top | #8

    Join Date
    Jul 2020
    Membership Number
    2242
    As the User
    Forum Master
    Posts
    981
    Posts Per Day
    0.73

    Default

    It falls in the category of risk management and traders should not use more than 2% risk provided that their capital is small. All the facilities of FXOpulence broker are risk management-friendly.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
MetroVB Theme By XiTCLUB