Recent content by FXGold

One major bad habit of beginner traders is investing more than they can afford. It's crucial to trade within your limits and manage your risk carefully to avoid big losses.

Absolutely true! I used to struggle with overtrading, which often led to unnecessary losses.

Hope keeps us going, sure, but don’t let it cloud your judgment. It's better to stick to your trading plan and manage those risks well; that's the real key to success in trading ;)

Hello and welcome to the forum. It's great to have you among us :)

Oh, that's an interesting perspective. I wasn't aware of it. However, some brokers offer commission-free trading, which might change the way this is perceived since they don't benefit from buying and selling commissions in those cases.

"Mindset and discipline" separate the winners from the rest. ;)

"Flying" by Anathema. The more I listen to it, the more I love it :)

It really has a way of fitting our moods ;)

Thank you. Love this:) Absolutely mesmerizing!

Whoa, scalping gold with no SL or TP? Lucky it paid off for your travels :D:eek:

Definitely, especially for running trading bots or strategies that need to be active 24/7. Plus, some brokers offer free VPS services if you maintain a certain account balance.

These orders often show up in Level 2 market data. Check if your trading platform offers this feature to see these orders in action.

A limit order by an individual trader typically doesn't move the market. However, large limit orders from institutional traders or significant numbers of limit orders at the same price level can influence market prices, particularly if these orders are visible to other traders.

Spot Forex is directly trading actual currencies. On the other hand, trading with a retail forex CFD issuer involves contracts where you speculate on currency prices, but you don't actually exchange any currency.

Ah, been there! Set strict rules for entry, exit, and especially stop-losses, and stick to them no matter what. It helps keep the emotions in check.