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How much do I need to Start Forex Trading in South Africa?
Replied 5 months ago -
thats amazing kyle, same experience here lost over $500 while learning to trade but i take it is the school fees I paid to the market.
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I always pay attention to candestick wicks, heres why
Replied 5 months ago -
I spotted another wick at 1.1658 and if you follow the trace of the blue arrow line, you will notice a bullish engulfing pattern formed at the 1.1658 level resulting in an upward rally
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why does price move back & forth within a range?
Replied 5 months ago -
The dominant trend is a bullish engulfing signalling a buy. Price has not been able to close below the bullish engulfing pattern hence the support linne i drew.
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Is Infinox Broker Legit or Scam?
Replied 5 months ago -
oh really @kyle maybe I will open an account with infinox then because they contacted me once on linkedin
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ISA Act 2025: what does it say about retail online forex trading in Nigeria?
Replied 5 months ago -
Interesting, our government in South Africa is already regulating forex brokers
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What is the best leverage to use in forex for a $10 account balance?
Replied 5 months ago -
$10 is barely enough to open a reasonable lot size so you will ne needing high leverage like 1:2000 if you want to trade 0.02 lot size of a major fx pair
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what is the difference between ftmo and ftmo swing?
Replied 5 months ago -
FTMO swing is designed for swing traders such that there is no overnight fee
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what's us30 ticker symbol on ifx brokers?
Replied 5 months ago -
US30 index is also know as Wallstreet 30 or WS30 as ifx brokers displays it
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How did you overcome overtrading?
Replied 5 months ago -
How can we build such an interface @patrader?
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been making profit on demo account, am i ready for live trading?
Replied 5 months ago -
Yes, that makes sense
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what's the best music to listen to while trading forex?
Replied 6 months ago -
I like listening to songs that encourage me to be careful and not take silly risks. "Another Day in Paradise" by Phil Collins is one of my favorites.
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what is the best simple moving average setting?
Replied 6 months ago -
For length, I use 14 days because I am mostly a day trader. Some people who are swing traders use as high as 200 days.
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Why do people think forex is a scam?
Replied 6 months ago -
Because many governments around the world refuse to regulate it, giving room for scams to thrive unchecked
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