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what does going long & going short mean in trading?
Replied 2 months ago -
Going short means, you want to enter the market by clicking on the "buy" button (it is ideal to buy when price is rising) while going short means you want to enter the market by clicking on the "sell" button (it is ideal to sell when price is falling).
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How do prop firms make money, is it from selling challenges?
Replied 2 months ago -
i am also not buying that profit split lie that prop firms tell. I bet you prop firms hope you fail so you can buy another challenge while they smile to the bank.
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what do you check for before you open a buy/sell trade?
Replied 2 months ago -
@Paul this almost happened to me today. I was on GBP/USD chart instead of EUR/USD and I almost placed a trade on it but i cross checked and found out i was on the wrong chart.
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which broker gives free bonus without deposit
Replied 2 months ago -
Most of the brokers that give free bonus without requiring you to make a deposit are usually poorly regulated brokers who are high risk. That being said, there are some reputable brokers like Tickmill that give a $30 no-deposit bonus.
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what is sierra chart platform, is it free to use?
Replied 2 months ago -
Sierra chart price is $26 per month for the base package. The advanced packages cost $36, $46 and $56 per month depending on the contents of the package.
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what is considered a whale in crypto?
Replied 2 months ago -
In crypto, a whale is an individual or entity that holds a large amount of a specific cryptocurrency, enough to significantly influence the market through their trades. I recently began trading
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Why do brokers reduce your leverage when your account balance is high?
Replied 2 months ago -
I have pondered about this too, initially i thought the brokers were lowering the leverage to prevent high losses but on second thought i realized the brokers were doing it to protect themselves. The higher your account balance, the wider the stop loss you can set thus making you almost immune to losses, so you have an edge. I don't think the brokers like that, so they lower your leverage so that even if you win, they don't have to pay you so much profit.
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which broker trades on weekends?
Replied 2 months ago -
Deriv; you can trade synthetic indices with them on weekends
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which economic news has the most impact on forex?
Replied 2 months ago -
It could depend on the forex pair you are trading. For EUR/USD I guess Nonfarm Payroll has the capacity to rock the boat when it is released
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How Does One Learn Forex Trading For Free Without Having To Buy Online Forex Courses & Pay for Mentorships?
Replied 2 months ago -
Learn forex quickly by joining a free trading community online or offline. I emphasize the word "free" because any community asking you to subscribe is probably a scam and are not interested in your self-development.
In genuine free trading communities, you benefit from the wisdom of the crowd as the members share their charts and daily market experiences with each other.
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should i learn to trade forex with a demo or real account?
Replied 2 months ago -
If I were you, I would start with a demo account for a few months then upgrade to a live account. The live account will help you develop control over emotions like fear, greed, hope etc.
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At the end of the day is forex trading really a profitable venture? I mean you can make profits here and there but it seems like the losses will always outweigh the profits
Replied 2 months ago -
When you are wrong how much do you lose and when you are right how much do you profit? You need to ride your winners for a bit longer to be able to remain profitable.
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anyone have a comprehensive list of tradingview brokers?
Replied 2 months ago -
GO Markets is one of the tradingview brokers
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should i exercise my stock options?
Replied 2 months ago -
Call options rarely get exercised because the extrinsic value (the premium others are willing to pay to buy the call from you) may be higher than the intrinsic value you get from exercising the call. So, it makes business sense not to exercise the call and instead sell the call and make more money.
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