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- Deepak.Dubey replied Jun 7, 2020
Hi! How much do they charge? $10 each month after 2 years?
Do brokers refund after a trader dies?
- Deepak.Dubey replied Jun 6, 2020
A pullback is a move in the opposite direction to the trend that may present an opportunity to trade to make a profit.
What is a pull back
- Deepak.Dubey replied Jun 6, 2020
Do you mean like social trading? On a social trading platform you can find experienced traders, you just need to follow them, they will trade for you. But the most challenging part is to find out a good trader to follow. I wouldn't recommend it ...
Trading by yourself vs Letting someone trade for you
- Deepak.Dubey replied Jun 6, 2020
Different opinions based on who you ask. Ask someone has suffered a loss they'd primarily focus on how risky the whole business is. Ask someone who has made a consistent profit and they'd tell how it's a wonderful way to earn.
95% traders go broke, only 5% survive
- Deepak.Dubey replied Jun 6, 2020
As kuzmichenko said...it all depends on the regulations of the country to which you belong.
Looking for a better broker
- Deepak.Dubey replied Jun 6, 2020
AUD/CHF, AUD/NZD, GBP/CHF..they are all difficult and risky to trade. Also, the wider the spread the less the popularity.
Which pairs do you dislike to trade most?
- Deepak.Dubey replied Jun 5, 2020
I suppose the funds may be transferred to legal heirs of the deceased as determined by the order of a competent court.
Do brokers refund after a trader dies?
- Deepak.Dubey replied Jun 5, 2020
It's not easy to give away something that you have worked for years and years to learn and create. It's your brainchild after all.
If you had the holy grail to pip making would you share here?
- Deepak.Dubey replied Jun 4, 2020
Someone who does not hang on to losses and let them affect subsequent trades. Similarly, they don't get overexcited over a profit and break their rules of risk management.
Rules of Successful trader
- Deepak.Dubey replied Jun 4, 2020
How will you manage to get leverage without a broker? If you are going to trade without leverage you will have to use considerably large sum to make any profits.
Is it possible to trade the forex market without a broker?
- Deepak.Dubey replied Jun 4, 2020
I agree and also making the wrong choice while selecting a broker and over-leveraging.
Why you still lose
- Deepak.Dubey replied Jun 4, 2020
I think boredom also contributes to negative emotions that affect trading. If you are bored, you are likely to make a stupid trade. So you should keep yourself curious about something happening in the market.
Trading Emotions
- Deepak.Dubey replied Jun 4, 2020
Never heard of them. Are they regulated? Did someone finally call?
Broker won't complete withdrawal request
- Deepak.Dubey replied Jun 4, 2020
I, too, have heard bad reviews about the kind of customer service they offer. They usually ask to figure out things from their website with no support. Sometimes the sell orders don't get through and often unwanted positions are left on hold.
Is Interactive Brokers really #1?
- Deepak.Dubey replied Jun 4, 2020
I agree. Forex brokers do not hunt stop losses. The make profit through spread and commissions.
forex tip - Don't use a fixed stoploss brokers can target
- Deepak.Dubey replied Jun 4, 2020
Trading knowledge involves understanding the market and practicing. If you choose to trade without these two, you are depending entirely on luck.
Is it possible to start Forex trading without knowledge?
- Deepak.Dubey replied Jun 4, 2020
Well, they said that this was implemented so that traders do not keep a position open for eternity. That way, the market remains active.
Why is FIFO used by some brokers?
- Deepak.Dubey replied Jun 4, 2020
As far as trading is concerned, I think a more realistic approach should be profit through practice and not perfection through practice.
Practice
- Deepak.Dubey replied Jun 4, 2020
Demo may not be perfect but it's the closest thing we have to trading on a live account and using demo is an essential aspect of trading that must not be skipped.
Demo vs Live Account
- Deepak.Dubey replied Jun 4, 2020
Yeah, anywhere between 1:10 to 1:50 is fine for beginners.
Is it good use high or low leverage as a beginner?