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Post Info TOPIC: What about forex?
susannarylmann


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What about forex?
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I am going to start forex trading and looking for some useful advises and tips.



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sergiotorchelini


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I think you should understand first of all is Forex.com legit. That is the base that will make you feel free to do the next steps. Good luck!



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azamatix


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I started when I was 18 years old. Without any knowledge I made 20k from 5k USD.. But guess what I lost all when started increasing position when price goes against me. So huge trend killed my deposit. Then I started to learn technical and fundamental analysis. I have all this education but I keep losing even more.. I always asking myself same question: “What the hell is happening…How I can lose again and again If I already got this skills…” I was searching every day for profitable strategy, readying forums… All this strategies where working on period of time. And I was losing again and again.



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Hubert


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Trading forex profitably requires analyzing charts to spot trading opportunities. With MetaTrader 5 from https://ptfbs.com/analytics/calendar I can open multiple chart windows and draw endless technical studies. This gives me a bird's eye view of the market so I never miss a profitable trade setup. The advanced analytics have taken my trading to the next level.



-- Edited by Hubert on Tuesday 8th of August 2023 08:21:16 AM

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josaphsamuel


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Risk management is a must; always make sure you're not biting off more than you can chew.

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RolanDavisonn


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I know the thread is a year old, but I still wanted to weigh in. I assume you've gathered some experience by now, but tips are always good, right? Forex is an interesting market, and it has its own set of rules and dynamics that differ from equities or cryptos. Key things to focus on would be leveraging, margins, and of course, understanding currency pairs.

Speaking of currencies and financial markets, if you're also into the crypto scene or looking to diversify, you might want to check out presale.world. They showcase new and upcoming crypto presales, giving you a chance to get in early on some potentially profitable projects. It's like being a Forex trader but in the crypto universe!



-- Edited by RolanDavisonn on Monday 2nd of October 2023 11:57:41 AM

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