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However, emotions can definitely be managed with proper training and accrued experience. Personally it took me more than 2 years in trading to become consistently profitable and to become emotionally conditioned to handle the market. Importantly, I have learnt how to eliminate emotions from my trade and be very disciplined in execution of a trading plan. Losses are inevitable but looking out for high probability trades is key to a consistent winning formula.
Aspiring and existing traders can share your views here. Cheers, DieStern. Diestern wrote: Yes I agreed. I started forex trading with a bunch of friends. But all drop out along the way due to various reasons. Two main reasons: 1 low risk tolerance. I think the way market moves freaked risk adverse individuals out. Ironically, money should be made in the midst of volatility. At the beginning, I used to spend hours a day analyzing charts and patterns.
But with time and experience, this has now shortened to less than an hour everyday. ValueInvestor wrote: i have seen many ppl going into full time trading none, zero, kosong Last edited by Perisher; at AM.. LOL , they even let us test trail how to received call from clients and order etc and show us around think back is want us to become agents , broker for forex I still remember that fellow say forex is safer than playing stocks.
Now think back , I feel is Stocks at least more stable than Forex leh Forex is quite danger if you don't know how to control FX can hold positions over night or not? Yes, u can hold for months day and night no problem, depending on your trading setup. Depending on your brokerage, interest will be charged accordingly.
Red is not a problem as long as you are not stopped out of your trade. Important thing is maintain discipline and focus on your final objectives e. In fact if you want to earn fast and a lot.. Geeezz wrote: tried b4 with 2. Diestern wrote: Small return is a good start. If you want to have greater consistency, can pm me. We can have a more in-depth discussion regarding trading setups and strategies. Banks generally give poorer rates.
Stick with dedicated money changers. There is at least one in every mall. Also in the airport. Most dont have online rates. Mustafa do have online rates but or not always the cheapest. You can benchmark with www. Unless you're changing vast sums of money the rates vary little in Singapore. Mustafa's in Little India is recognised as one of the ''best'' places to change, but as I said, unless you're changing a small fortune the differences are minimal.
Stick a card in any of the ATMs at the airport, or cash US Dollars at any of the ''moneychangers'' and you'll be fine. This topic has been closed to new posts due to inactivity. We hope you'll join the conversation by posting to an open topic or starting a new one. We remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason. Skip to main content. Log in to get trip updates and message other travelers.
Watch this Topic. Browse forums All Browse by destination. Singapore forums. All forums. Level Contributor. Report inappropriate content. Related: What are the most popular tours in Singapore? See all. Experience Singapore: Cultural Cooking Class. Destination Expert for Singapore, Singapore.
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|Forex sg forum||Can we see your expertise? Cheers, DieStern. Refbacks are On. From what I know, there are no taxes applied to capital gain in Singapore. Trading Room Blog Forex Forum. I myself and a business owner and doing the Forex trading also.|
|Cash equivalents are investments that are readily converted garages||Experience Singapore: Cultural Cooking Class. Hang in there. Click here to check out the most popular forex channel on YouTube. Last edited by Perisher; at AM. Learn more.|
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|Stream sports online nba betting||Trading live with modest sum for around 1year. However, emotions can definitely be managed with proper training and accrued experience. Mankster 15, forum posts. Depending on your brokerage, interest will be charged accordingly. View all hotels.|
|Good stocks to invest in in 2021||Depending on your brokerage, interest will be charged accordingly. Ask a topic or post a question, speak. Last edited by Perisher; at AM. Important thing is maintain discipline and focus on your final objectives e. Ironically, money should be made in the midst of volatility.|
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Although many traders are using social media to interact with each other now, the specificity and ready-made community aspect of forums means that they are still the go-to place for forex traders to glean information and wisdom from one another.
Here, we have collected the ten most popular forex forums online so that you can have a look for yourself — starting with the ubiquitous Forex Factory. For a long time now, Forex Factory has been the leading online Forex forum for forex traders, with a huge user base and an established reputation. As well as displaying these on the home page, there is also a highlights section showing all the most recent posts, one of the best trading calendars on the web, market updates, and news from a variety of online sources.
In addition to the very well populated English language forum, there are also sub-forums in eight other languages, including Japanese, Spanish, and Swedish. As the name suggests, this is the official forum for users of the popular Metatrader trading platform, offering users the chance to dip into the combined expertise of the community that centres around this platform.
Despite ostensibly being a forum for MT5 users, there is just as much if not more content surrounding the more popular Metatrader 4, and quite a lot of general forex trading discussion for users of all platforms, particularly in the Trading Discussion area of the forum. As one of the foremost Forex trading educational websites, it is natural that this discussion board focuses on the needs of beginner traders, although some of the conversations might be of interest to more experienced traders too, especially the Analyst Arena sub-forum.
There are dedicated sections for different disciplines, such as fundamental analysis and technical analysis, day and swing trading strategies, and automated trading. A great place to further your knowledge and find answers to your specific questions. While the MT5 forum seems to have hoovered up quite a substantial chunk of the Metatrader user community, this forum, which is dedicated to MT4 and its programming language MQL4.
It contains 20 different forums related to different aspects of forex trading, including Technical and Fundamental Analysis, Trading Systems and Strategies, Forex Brokers, and Forex Education, a section dedicated to Metatrader, and sub-forums in non-English languages such as Russian, Chinese, and Spanish. This makes it a little trickier to find the topics that you are looking for, but only a little, and it has the knock-on effect of making the forum more inclusive.
This means that, whenever you post something new, it will be seen by the whole community, and you will be more likely to get a quick response. Create demo account. Create live account. Log in. CFD product details. MT4 product details. What is forex trading? Why forex? How do I trade CFDs on forex? Learn more about CFDs on forex trading. Learn more.
Learn more and see an example. Open an account now. Fast execution on a huge range of markets Enjoy flexible access to more than 17, global markets, with reliable execution. Deal seamlessly, wherever you are Trade on the move with our natively designed, award-winning trading app. Margins When you trade CFDs you do so with leverage - meaning you can win, or lose, a significant amount more than your initial deposit - called your margin.
Build forex trading algorithms to execute automatically, even if your machine is off. Trade forex on the move, so you need never miss an opportunity. Award-winning forex and service provider. Get the latest forex news. Palladium price looks primed for further gains as long-term trend plays out.
The best beginners' guide to buying and selling forex. What a higher Australian dollar could mean for the ASX in Try these next. Trade CFDs on bitcoin without needing to own the cryptocurrency or open an exchange account. See how we've been changing the face of trading for more than 40 years. Markets Forex Indices Shares Other markets. Follow us online:. Disclaimer: All forms of investments carry risks.