Recent content by kingsman

I am not going to leave forex. I will tend to learn about options but not rely on it totally. If someone says options is best than of Forex I will not agree to admit it. There is a reason that people not having proper knowledge of it nor companies train traders properly.

We just see the no of % not know how this percentage will act in trading. In general 5% seems a low percentage but in actual this is much risk that can be difficult to handle in real trading. It means you can loose tis amount in just one trade if you are not able to get profit out of it. I will...

Trading is as same as I was doing before Us elections . They did not effect a lot on my trading decisions nor on selection of trading pairs. My trading is going on as routine. I am doing analysis and and see news before open any position. I see which pair is good incurrent situation. The trading...

Risk reward calculation is really important , if a trader is able to understand this mystery he can manage trading very well. I will advise to have a risk less than 1% in trading . It is a risk and you can loose your trade either win so be careful and calculate your risk if it occurs before...

Scalping is a quick way of trading in which trader opens positions and close them in less than a minute. It need certain skill to apply if you open and close trades frequently, you will loose some pips. Only expert traders can do this because they have mastered this skill. New traders should...

It varies from trader to trader when he feels the need to switch to the live account after doing demo practice. It is not just a matter of investment it is also a decision either you have learnt something from demo trading or not. When you are quite confident that now you can face live market...

Risk management looks good on paper but when your emotions get over you, all that risk management plan goes out of the way and you start taking wrong decision and end up blowing your plan.

It's good to provide education to traders free of cost. because many people cannot pay for even basic learning. However these days there is a lot of knowledge on the internet to get knowledge all about forex. they can get benefit from paid or free courses, videos, and many other sources. With...

You need a bit of practice on demo to get yourself familiar with different trading tools. Goinb to live account is ewsy but maintaining your reaults is not easy. So I suggest when you get a strategy, test it in demo for 1 months or 2 and log all reaults and mistakes. Then evaluate your results...

Your mindset works when you come to forex business with interest, In my view more important thing is your skill as you work in forex market your mindset also changes and with the increasing level of skill you will feel you had different mindset from the day first you join forex. I give...

There is no difference between Elfriede Sixt and the other recovery rooms EXCEPT she runs a fake "news" site that gets information from public corporate directories and has a much more organized site than the recovery room scams. Besides that, she has an equally abysmal success rate of...

I just use the demo when I am testing a new broker or testing new strategy. Nowadays we can just use tradingview simulator for testing new strategies so demo accounts are not much needed to be honest. you cannot check broker trade execution on demo accounts as the real environment is way...

First of all, traders should remove all his confusion, especially all about forex trading he should know the basic terms and their usage. Then he has to understand what a broker offers and how to treat the trades. He can work with different brokers to distribute his investment so that he can...

There can be many starting points in forex journey but the important thing is to know where you want to reach. The idea and aim should be to reach the ultimate path of consistency and make profits in disciplined way.

It is true we had different mindsets and psychology with demo and live trading. Traders can take high risk to do experiments on a demo account but this risk is not possible in live trading because any mistake will lose your actual amount.