Forex bison
Private, 1st Class
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You have to get the basics right. You need a plan and you need to stick to it. You need money management.
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You will surely realize that forex is a never ending learning curve you will surely learn about new things in day to day trading its a very vast topic i would like to suggest that you just learn the basics of forex first and the n move onto more complex topicsHi everyone,
I am new with all the trading, trying to be a part time trader and make a few 2 digits bucks a day and hopefully can became a full trader someday.
I've been demo account since Nov 2020 by using official MT4 demo account mostly trading XAU/USD. I think I should use the broker demo so I can see how everything really works and get use to it.
I'm looking for a broker that will accept US clients and I read online from stockbrokers.com and some other website IG,Etoro and Forex.com is the top and Forex is the only one that have MT4 planform so I opened 1 demo account with Forex.com like 2 weeks ago and Ive been testing it, so far its alright but didnt like how the leverage is 1:50 and for trading metal leverage is 1:1 but read in the US 1:50 is max I just have to get used to it and forget about trading Mental since its 1:1 and just focus on Forex market instead.
I read lots of reviews and scams that you could deposit but good luck with withdraw money, so I think I should stick with a well known company in the US cuz there is no point even I make 100K profit and cant withdraw. I think I will stick with Forex.com even tho I think its ok. I came here read some reviews see do I have other options and found out that Forex.com wasnt that great.
I start reading on the reviews looking for the highly good one but sadly they dont accept US clients like IC markets.com
So my question is here for the US trader what broker do you use? I prefer using MT4 and be able to trade metal but if I have to start using a new planform and no metal I will learn to get used to it.
Thanks and happy trading everyone!
Nobody can go to advance level until he is not aware of basics of any business. In forex to your journey to get success starts form learning and then practicing on t. After it too you can not say now you are a person with whole knowledge. This market will teach you new things as you will work here we can say your learning will never end because you will go upper level at the base of your skill and will be eager to know moreYou will surely realize that forex is a never ending learning curve you will surely learn about new things in day to day trading its a very vast topic i would like to suggest that you just learn the basics of forex first and the n move onto more complex topics
rightly said, just concentrate on the basics and rest will follow upNobody can go to advance level until he is not aware of basics of any business. In forex to your journey to get success starts form learning and then practicing on t. After it too you can not say now you are a person with whole knowledge. This market will teach you new things as you will work here we can say your learning will never end because you will go upper level at the base of your skill and will be eager to know more
Это абсолютно верно. Вы узнаете что-то только на собственном опыте. Без ошибок не обойтись.Чтобы стать трейдером, вы должны проводить много времени в торговле, чтобы набраться опыта. К сожалению, мы не можем получить от книг, это ужасная правда.
Agreed, practice and experience are two things that kind of polishes a trader. One should give it his 100% as far as hard work and practice are concerned, take this field seriously and not just a hobby, only then consistent returns can be expected.Nobody can go to advance level until he is not aware of basics of any business. In forex to your journey to get success starts form learning and then practicing on t. After it too you can not say now you are a person with whole knowledge. This market will teach you new things as you will work here we can say your learning will never end because you will go upper level at the base of your skill and will be eager to know more
I think experience is the most valuable lesson instead books, but reading will giving more insight to make the experience more valuable, trader profession is a simple job but not simplerTo be a trader you have to spend a lot of time in trading to gain experience. Unfortunately we can't get from books, it is ugly truth.
Agree with this.This is a great attitude to have, both that you have been reading a lot and that you plan on using demo for a while.
I don't know too much about US brokers either, but you're right in that every broker is a little different. Trying several demo accounts is a good way to find a broker you actually like.