Recent content by scarlet jones

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    What trading books would you recommend?

    "50 Pips a Day Forex Strategy" by Laurentiu Damir is a good read.
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    Best broker for beginners

    FinproTrading is good but go with a small amount initially and be careful with the leverage.
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    "The blackest day in my career as a trader."

    At the end, coming back is what matters the most. Happy for you!
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    The most important thing in trading

    For me, the most important things in trading are patience and discipline. Forget the strategy, indicators and everything else, if you cannot wait for the right time to make your move.
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    FAQ Which Books should a Beginner Read?

    I have read both... they are really good.
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    Why to invest?

    I agree. We shouldn’t put all our eggs in one basket. Diversification is a must. That’s how you can double your investments.
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    Trading forex or Bitcoin, crypto market?

    Well i trade both forex and crypto. While yeah forex is less risky than crypto but I feel with more risk you can get better reward. So, yeah as per the markets I keep switching between these two.
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    Offshore brokers

    Not yet but I do believe in progress. Have been testing it for 3-4 months and interacted with support, after that I deposited 1.5k and made 4-5 timely withdrawal of few hundred dollars so far, current bal is 2k 5k is too much for starting phase but I do recommending their good services so far...
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    Offshore brokers

    I think it is safe to add fxbrew now to the recommending list. Have been trading with them for like 7-8 months now and no funny business came to my attention. Spreads are tight as mentioned and genuinely offering good service when it comes to customer support. Good broker
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    Most important thing in a broker that you look for

    For me , important things while looking for a broker are : Commissions Spreads Leverage Speed of withdrawals
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    forex

    Ofcorse, that's a must for forex traders. Forex is a great place to make money. It seems very easy to do so but one has to be on his toes always to keep an eye on factors that may affect currency prices and their trades.
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    Why do you trade?

    It supports my primary income. Plus trading is exciting. These days one can’t just depend on one source of income. Hence i trade to make more money through it. Though i always take a moderate risk as more risk could mean losses as well which i can’t afford to make.
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    Looking for new broker

    You can check out fxbrew. I have been trading with them for a while now, on being recommended by a friend. Their spreads are tight and commissions are also low on the pocket only $2/100k.
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    What do you call your money?

    For me money is a hard earned thing. Hence I'm very cautious of parking funds in trading. I allocate money to trading only after a good analysis of my current financial position and future obligations.
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    Game changing habits.

    Well you can meditate in between . It works for me. Try to bring patience in your life to bring patience in trading. In fact formulating a trading plan can also help as you will specify your entry and exit points in it. So you will know how much to trade, when to trade and when not to. It will...
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