I would pause trading for NFP. It's a difficult one to predict. Sometimes there's very little fluctuation but on the odd occasion it can be very sporadic. Not worth losing your hard work.
Well done on a successful trade. There are lots of great websites which can help you to learn more about trading and understand how to analyse the charts. My best tip for you is to observe good risk management and only ever risk 1-2% of your account at any point.
That is an insane amount of posts. No doubt you have helped many people on this forum along your way. Obviously very knowledgeable and dedicated to FPA. Well done to you.
I would recommend starting with $1000. The main thing to consider is your risk management. I risk 1-2% of my account on each trade. You need to stay disciplined, even more so with a smaller account. Keep to your strategy and don't risk over 5% of your account.
I think I would ask for zero commission or like you say a reduction in spreads. I am like you, I don't find the bonuses enticing. Often they are only available to new customers or you have to deposit a certain amount.
Never trade without a stop loss. You should always have good risk management and only risk between 1-3% of your account in any trade. It takes discipline but once you get used to it you will do well.
In recent month's I think Covid news has played a big part in the markets. Also, Musk/Tesla seems to be the big indicator for crypto. I don't trade around NFP atm, I find it a little unpredictable and can make the markets irratic.
Welcome, are you new to trading? Hope it is going well for you. There's lots of info here so just take a look around and ask questions. There's so much knowledge in this group.
So many options to work from home nowadays, since covid companies have become far more flexible with working hours and where you work. There are lots of opportunities out there. It all depends what you're looking for whether it's flexibility or a big salary.
So true, you have to have losses in order to be able to learn. Also, if the market was perfect to read then everyone would be doing it. There's only so much analysis you can do, you will always have some losses. The important thing is to work with a stop loss and keep a tight risk management...
Hello, welcome to the group. I have been trading for nearly 2 years now, I tend to be a day trader. I like to work off a 4 hour timeframe and use technical analysis. How about you?
Sounds a bit nerve wracking to me. There is a section on here where all known scams/dodgy companies have been listed. Might be worth searching there. I have my fingers crossed for you that you don't lose your money. good luck.
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