Threads
how do i spot volatility on charts without using indicators?
Replied 9 hours ago -
Sometimes you just need to look at the spread on the instrument you are trading, if you notice your broker has increased/widened the spread, it means they know something you dont; theres probably incoming volatiility.
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Best Time To Trade Forex in Nigeria
Replied 11 hours ago -
In Nigeria, trading early in the morning or late in the afternoon is best.
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EUR/USD Beginner Level trading
Replied 13 hours ago -
I got stopped out of these trades. I am done or the day, will try again tomorrow.
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Focus on the process of trading, rather than the outcome
Replied 16 hours ago -
Even the best strategies fail more than 50% of the time, so yea we should expect some losses but not get discouraged and lose confidence in the process.
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what are the odds of passing a prop firm challenge?
Replied 16 hours ago -
About 4% odds, not because you are not a good trader but because the prop firm trading rules are designed to make you trip and fall.
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Installing/using MT4 on android phone is not difficult
Replied 16 hours ago -
Its very straight forward, register with a broker that offers MT4, open an MT4 account and get the account details including server name. Insert the details into mt4 and login
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How To Trade Forex in Australia
1. Open an account with an ASIC regulated broker
This is fairly easy to do, on this website we have a section where we reviewed several ASIC regulated forex brokers, so simply register with any of them.
2. Experiment with a demo account
An all-crucial step, demo accounts contain fake cash that you can use to try out trading without risking your hard-earned money.
Practice for a few months till you get a hang of it, then proceed to the next step.
3. Trade with a live account
the demo account should have taught you how to place trades & mamage risk, so you can now trade with real money.
Remember to trade only 0.01 lot sizes and set a stop loss on every trade.