Recent content by Maria LMFX

Hello lucie_fxtrader, I would suggest the same as the comments above. Make sure to check forums and I'm pretty sure you will find a lot of useful information there. It is usually the most accurate because most of the time it's a feedback from existing clients. And also start with a Demo...

Hey Robert E, You received some very good advice and I suggest you to follow it. Try Demo yourself for a couple of months and if you are not into it, you can always find a decent Broker offering PAMM services. Now to your question where to find a demo account. It's simple. You can find it with...

You should start with some tutorials. There are so many online so find the one that suits you best. Once you are familiar with the Forex basics, you can start reading about different strategies, etc. Make sure to open a Demo account and test everything before going live. And be patient -...

Hello tradejoker, First of all, welcome to the Forex world. My very first advice would be to test your strategy on a Demo account and to make sure that you gained enough knowledge and experience. Now to your questions: 1. The currency pairs and the indices mentioned are quite popular in the...

I believe it's a combination of all of the above mentioned. Confidence is key but it comes with experience and knowledge. If you don't have experience and knowledge but you are still confident about placing trades then it's better to call it gambling. Patience and consistency are also part of...

Hey MartinBasilik, Welcome to you too! Wish you profitable trading!

Hey Carl, Welcome to the Forex world. Make sure to check out some tutorials and to practice on a Demo account before going live. Wish you profitable trading and good luck!

Trading is subjective. You can't expect to find a universal strategy that works for anyone. So focus on your Education and practice on a Demo account. If Technical analysis works for you - then great. If not, practice makes perfect. Either keep on learning and try to improve it or simply find...

To be a successful trader you need a lot from both. Start with education, learn the basics and then start on a demo account. Education and experience are the keys to confidence and confidence in trading is important. Wish you all profitable trading!

Demo account is definitely a great option when it comes to learning. It gives you the opportunity to start with the basics and practice. There are several disadvantages though: First of all you don't actually lose money which eliminates the pressure you will experience on a live account...

Congrats on your successful trading for some many years! It's really impressive! You received some great advice and I suggest you follow them. As mentioned, best would be to create a robot yourself since you already have a stable strategy that works for you. And of course keep it simple. Use...

I think that's a great resume of pros and cons of Demo accounts. I would add one more thing. I can't decide if it's an advantage or a disadvantage: The lack of stress while trading with real money. It's hard to avoid rash and emotional decisions while losing your investment. This is something...

Hey Andyroo, You should avoid such offers or people that make such promises. It's not gonna be profitable for you. It's probably better if you try trading on your own. Learn the basics, try Demo for a couple of months and start small. Wish you all profitable trading!

Choosing a decent Broker is the most important thing you need to do as a trader. Make sure that you investigated everything about the Broker you are about to invest in. You can start with their conditions such as spreads, leverage, minimum deposit, etc. Most probably they have a Legal...

Hey fnewbiex, I'm glad that you found what you needed. Yes, most probably what you see is points (pipettes), not pips. Most currency pairs in MT4 have 5 digits after the decimal and the 5th number is the pipette. In your case you have CADJPY where the 2nd number after the decimal is the pip and...