Threads
Casual FX discussion.
Replied 15 hours ago -
Been hearing of backtesting but I have no idea how its done.
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TADING WEEK/MONTH EXPERIENCE.
Replied 1 day ago -
A pretty active week for EUR/USD with Monday setting the high
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How does a raw spread account work in trading?
Replied 2 days ago -
Raw spread accounts are onlyy good for scalping if the commission per side is low. Most brokers charge high commissions form $3 per side or more and it erodes part of your profit. You may be better off with a standard account as a scalper if you dont find a raw account with low commission
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best time to trade us30 in south africa
Replied 2 days ago -
Here is another example. This is the US30 chart for today, and you can appreciate the burst of activity when US stock exchanges open
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a good trader knows not a 1000 moves but 1000 iterations of 1 move
Replied 2 days ago -
Course farmers stay unprofitable because they never choose a path long enough to become an expert.
A beginner thinks the goal is:
“Learn every strategy.”
A profitable trader knows the goal is:
Learn one setup so deeply that it becomes second nature.
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Which brokers support ussd code deposit method?
Replied 2 days ago -
Deriv do not support Ussd but they support bank transfers and debit card.
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Brokers
University
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Market Closed Today
The Forex Market is closed on weekends, opens back on Monday.
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.