Recent content by tomhiggs

Margin call is a reminder by broker that your trades are not going in expected direction and the amount in the account can wipe out. Every broker has different margin levels from 90% to 70% depends upon the amount of risk associated on the account.

To keep the Balance of Payments in equilibrium, country's central banks hold the forex reserves. There are few reasons to this such as; To keep domestic currency at fixed rate. To keep the liquidity in stable levels. To keep the nation free from financial obligation wrt to foreign currency.

I keep my focus on the volatility - AUDJPY, AUDUSD, GBPAUD and GBPJPY are the good picks for me.

I can never think of this as here money is involved!

Only the sufferer understands.

There are no specific bro. I type the sepcfic topic in search field and watch 2 or 3 videos to get better insights.

Correct trading is not science but it is more than a science its a human psychology!

I have used babypips to get started and afterwards good trader videos by watching their live trades in youtube help me to learn and progress.

Bullish means traders are willing to pay for the price they are getting and this series of activity take the trend to up eventually making up the bullish trend. Bearish means traders do not want to hold their positions in the anticipation of price will go down and start selling the position to...

Take a break and think what went wrong. Try to find the valid entry and exit point, this is the key! Practice on charts and improvise on your technicals.

Welcome Adrian! Make most out of here and good luck for your trading journey.

You can get one second time frame chart on trading view but not with any broker I think. But there is a tick chart that you can consider. I never used this though.

It is recommend that risking anywhere from 1% to 5% of the total value of your account on any given opportunity. But according to me, one should decide how much you want to risk based on what makes you comfortable. I count my libilities too and then structure my risk.

Same case with me when I started trading back in 2018. Demo taught me many things like how to make right use of basic indicators and not to forget stop losses, though on demo it does not matter but that was time and now I never skip adding that on trades.

There are many sources for a broker to earn money, spreads and commissions are the basics for them apart from it brokers can charge for the trading style, for which you have to pay. Many other advcanced tools like vps, social trading platforms are major popular services for which any broker can...