Which trading platform is best to use for work - mobile, desktop or web?
Just a few decades ago, a trader had to use a landline phone to open trades, and any programs were out of the question.
Currently, there are several trading platforms available for trading on the exchange, and beginning investors sometimes have difficulty choosing the best option.
Currently, you can open trades and perform technical analysis on a smartphone or tablet, through a browser on a web platform, and on a trading platform installed on a computer (laptop).
Which one is better to use and which one is right for you?
Metatrader on a mobile phone
Why don't great financiers like to trade Forex?
More than once, when reading traders' stories, you come across the fact that almost none of them trade on the Forex currency exchange.
Yes, every financier deals with currency, but the main focus is always on other markets.
Why is it that huge fortunes are mostly made on the stock or commodity exchanges, and it is almost impossible to find a billionaire who made his fortune on Forex?
It may be true that the foreign exchange market is only intended for transactions with currencies necessary for the operation of a company and is not entirely suitable for speculation.
How much money do you need to trade with Forex advisors?
Automated Forex trading is one of the most popular trading approaches among investors.
Almost every trader has tried or regularly uses advisors in their work.
But the more popular a trading method becomes, the more questions newcomers have about the nuances that arise during the process.
One of the most frequently asked questions is: How much money do you need to work with a stock advisor?
This question is quite important, as if there is insufficient funds in the account, the robot will not open new trades, and in the worst case, it may even drain the deposit.
Using cryptocurrencies as a trader's account currency
Every day, stock brokers increasingly push the use of cryptocurrency for deposits and withdrawals.
Some companies already offer more than a dozen cryptocurrency options for financial transactions.
Perhaps it's better to avoid being stubborn and instead accept the proposed payment method as the primary one. How profitable is the use of virtual currencies for a trader?
First of all, this is beneficial for the brokerage company, since these calculations do not appear anywhere in the financial statements and can be completely excluded from taxation.
Which is better for Forex trading: your own advisor or a market one?
Typically, advisors, or trading robots as they are also called, have two goals: freeing the trader from sitting in front of a monitor and eliminating the human factor when concluding trades.
Nowadays, almost no one will argue about the usefulness of scripts for automated trading; their effectiveness has been proven by many investment funds.
There's only one question left to answer: should I create my own advisor or use ready-made options from the MetaTrader Market?.
There are currently thousands of such scripts available on the trading platform, ranging from completely free ones to robots costing tens of thousands of dollars.
Which university teaches forex and stock market trading?
Everyone knows that most traders trading on Forex or other exchanges lack specialized education.
After all, you can learn trading on your own without a university degree.
There are also numerous free and paid courses that quickly explain all the essential aspects of stock trading.
But why do universities teach stock trading? After all, practical skills are becoming increasingly important in any endeavor, while diplomas are losing their significance.
Indeed, if you want to work independently or as a PAMM manager , a classical education is absolutely irrelevant.
Buy or sell Facebook shares in 2021
If your goal isn't long-term investing, but rather quick profits in a relatively short period of time, it's best to use the most liquid assets.
Brokers offer attractive commissions and spreads for these instruments.
Facebook Inc. shares are one such asset; furthermore, this security remains relatively inexpensive, allowing trades with a small capital base.
Another important argument in favor of Facebook Inc. is that you can find this asset with virtually any broker and on most trading platforms.
Therefore, all you have to do is choose the direction of your upcoming trade—buy or sell, depending on the market situation.
Is it possible to learn trading on your own by reading books, articles, or watching videos?
As with any other endeavor, learning to trade on the stock exchange requires training.
Some graduate from university, others are taught by a fellow trader, and most have to navigate the process on their own. This
site receives numerous emails from visitors asking how realistic it is to learn trading on your own.
Since I also had to master this profession from scratch, I'm happy to share my experience with readers.
Ten years ago, when I started trading on the stock exchange, there weren't so many training courses available, and most information had to be acquired through trial and error.
Open a demo account on the stock market, the widest selection of exchanges and stocks
Currencies and cryptocurrencies are currently the most popular assets among traders, so most brokers offer services in this market segment.
At the same time, many want to open a demo account on the stock market to try their hand at trading stocks or other securities.
The most common option brokers currently offer is opening an account in MetaTrader 5, as this trading platform also allows for trading securities.
This trading platform is available at almost every broker, but if you want a more professional approach, it's better to choose a different trading terminal.
The R Trader platform can be an interesting solution for opening a demo account on the stock market, and subsequently a live one.
A Forex tutorial that will help you learn the basics of trading on the foreign exchange market
There are some people who prefer to learn everything from textbooks, despite the abundance of articles on trading, including on our website - https://time-forex.com/azbuka
However, almost every day, we receive emails asking for recommendations for a Forex textbook that will explain the basics of stock trading in an accessible format.
Everyone processes information differently, and some find it easier to learn from books.
Why not, especially since our website also features several interesting books on trading.
All of them were written more recently than works on technical analysis or stock market trading, so they contain very relevant information.
Which VPS server should I choose for trading? Paid or free?
The popularity of VPS servers running Windows is growing daily.
It's hard to imagine a trader using expert advisors without a VPS. These servers are also used for other purposes,
such as remote access to their trading platform or frequent trailing stop orders.
A virtual server is quite useful, especially when it's provided completely free of charge.
To qualify, you need to deposit at least $300 into your account; the minimum deposit varies by broker.
All about free Forex and how to get the most out of it without spending a fortune
In the post-Soviet space, we've become accustomed to the idea that we all want to learn absolutely free—books, movies, music, training, and other things that are usually paid for in other countries.
Stock trading is no exception; many website visitors want "free Forex," meaning they want to pay as little as possible for the services provided.
Surprisingly, even in this segment of activity, it's entirely possible to get most of the things you need for work without spending money.
The main thing is to know where to get them and what to do to ensure you don't have to pay for them.
What can we get for free on Forex?
Is it worth buying Tesla shares and when is the best time to do so?
One of the main rules for large investors is to buy shares of companies whose products you'll sell and that you're comfortable with.
So, if you believe weapons production is unethical, then investing in military-industrial complex stocks is definitely not a good idea.
Tesla is one company I'd consider owning, thanks to its commitment to environmental protection and the use of cutting-edge technology.
Furthermore, financial considerations are also important.
The last few months have seen fairly rapid profit growth, and forecasts for the near future are more than optimistic.
The fastest and most profitable withdrawal of money from Forex
It has been written more than once about how to top up a trader’s account for trading on the Forex currency exchange or opening transactions on the stock market.
But surprisingly, replenishing your account and withdrawing money from Forex are not completely different processes and their differences lie not only in the fact that in the first case you give money, and in the second you receive it.
In fact, everything is different - the speed of transferring money, the amount of commissions charged and the sheer number of options that can be used to transfer funds.
In addition, you may encounter additional conditions for withdrawal - limiting the frequency, for example, once a month, or limiting the transfer amount at a time to a certain payment system.
Trading strategy during the coronavirus, what has changed?
There are numerous trading strategies that have been used for decades in the Forex or stock markets.
But there comes a time when many classic strategies stop working, especially during periods when the global economy is affected by unusual factors.
One such factor, currently, is the COVID-19 coronavirus, whose impact on the global economy is enormous.
This has led to some well-known stock trading strategies ceasing to work, while previously profitable advisors are now trading at a loss.
So, how can we determine which strategies will work and which ones can be abandoned for a while until the situation stabilizes?
Technical differences between a demo account and a real one
One of the most significant inventions in stock trading is the demo account; it's hard to imagine modern trading without it.
This opportunity makes it entirely possible to learn trading, explore the trading platform, and test strategies and trading robots without risking real money.
Brokers claim that this type of account is absolutely no different from a real one, except that you trade with virtual money.
However, some traders claim that trading on demo accounts is harmful, as there are many differences from working on a real account.
Is this true? And is it worth using virtual accounts for training and testing strategies?
How to switch to another broker without closing positions?
Whatever one may say, one of the decisive factors influencing trading efficiency is the brokerage company through which it is conducted.
If you're unlucky and choose the wrong broker, or if the quality of services provided has simply deteriorated over time, you'll have to switch to another broker.
But what should you do with open trades? After all, some positions are maintained for months, and it would be a shame to close an order before the price has yet reached the settlement level.
For this purpose, transferring positions between different brokerages while maintaining the volume and direction of open trades was devised.
This procedure helps avoid losses from prematurely closing orders when switching to a company with more favorable trading conditions.
Indicator for intraday trading
Most Forex traders prefer short-term trades limited to a single day.
Intraday trading is popular among those who use currency pairs as their primary asset on their trading platform.
This fact prompts the search for a specific tool for trend analysis, namely, an intraday trading indicator.
Both specialized tools and some universal scripts, equally effective on any timeframe, are suitable for intraday market analysis.
Which of the currently available indicators will solve this problem and effectively forecast trends over short timeframes?
Should I choose a trading advisor or invest in a PAMM account?
Today, there are a vast number of options for making money through stock trading.
The most basic, of course, is classic trading on the forex or stock exchange, which requires not only skill but also experience.
Besides independent trading, there are also options such as expert advisors or simply investing in PAMM accounts.
Both options carry equally high risk and often similar returns, making choosing between them a challenging task for a beginner.
To truly make the right choice, you need to weigh the pros and cons, which we'll do, and also assess your level of preparation, which you'll have to do yourself.
How to start trading on the stock exchange for a beginner
After years of trading on the stock exchange, you forget how complicated and confusing everything was in the beginning, and how simple things raised countless questions.
But the numerous questions that frequently arrive via email on the site help you remember all this, the most popular of which is: How do I start trading on the stock exchange as a beginner?
It's understandable that someone has a desire to get involved in stock trading, but they simply don't know where to begin.
This is especially true if the novice trader is completely unfamiliar with economics and finance, and only knows about trading from a few movies they've watched.
The key to this process is getting started; afterward, all the confusing aspects will naturally fall away.
Do Forex strategies work for stock market trading?
It so happened that brokerage companies began offering their services in the post-Soviet space with forex trading.
This may be because our citizens were already familiar with the foreign exchange market at the time, but stock trading seemed far from reality.
The first assets available for trading on trading platforms were currency pairs; only a few years later did company stocks appear.
For this reason, most strategies currently available for free access are designed specifically for forex trading; finding something specifically for the stock market requires a great deal of effort.
Therefore, many users wonder: How universal are the described forex trading methods, and will they work as strategies for stock trading?
Is it possible to provide false information when registering with a broker?
Every day, the blog receives numerous emails with questions, not only about trading but also about organizational aspects.
We'll try to answer the most frequently asked questions on the site.
Recently, visitors have been asking: Is it possible to provide false information when registering with a broker?
It's difficult to understand why they would want to do this; perhaps some newcomers are concerned about their privacy or don't want to be called with unnecessary questions.
Rather than delve into the reasons behind this, we'll try to answer this question.
Trader or analyst?
All newcomers to the exchange initially believe that the trader is the main player.
After all, it's the trader who makes profitable trades; their work is visible to everyone, and they're the ones interviewed by financial publications.
In reality, very few traders make independent decisions about new trades. More precisely, they make decisions about opening positions independently, but based on data provided by an analyst.
What's the difference between these two professions, and who is truly more important in exchange trading?
A trader , as defined by Wikipedia , is a person who trades on their own initiative and seeks to profit from speculative transactions.
How to disable leverage
Forex trading has gained its popularity precisely because of leverage, which allows the use of brokerage funds when opening trades.
However, margin trading has both pros and cons: increasing the size of a position leads to a proportional increase in profits on successful trades or losses on unsuccessful ones.
High leverage is the main cause of large drawdowns or even the loss of deposits.
Therefore, many newbies ask this interesting question: "How can I disable leverage" and thereby reduce the risk of potential losses?
In other words, these investors want to trade exclusively with their own money, where the financial result is proportional to the deposit and is not increased by leverage.
Is a stop loss always necessary?
It so happens that some Forex traders are reluctant to place a stop-loss order.
There are many reasons for this, but the main one is the awareness that the trade could close at a loss, and the price could move back in the direction of the closed order.
In other words, the price forecast was correct; the correction simply turned out to be slightly larger than the stop-loss value .
Furthermore, calculating the stop-loss value and finding the right placement point is also difficult, as numerous parameters must be taken into account.
Therefore, many traders ask: Is a stop-loss always necessary when trading Forex?
Where can I find out the exact spread size?
The spread size is important if you trade using strategies that require opening a large number of orders.
Or if you use high leverage in your trading, as it increases not only the volume of trades but also the broker's commission.
There are also assets for which spreads can vary significantly between brokers, such as cryptocurrencies or precious metals.
Therefore, it's always a good idea to know in advance what spread you'll have to pay when opening a trade on a given asset.
Traders have several options for determining this value and then taking it into account when opening trades.
Interest rates and forex.
In any country there is a concept called interest rate, it is used in relation to the national currency and plays a rather important role
in the economy and finance.
The interest rate is the percentage of funds a borrower must pay for the use of credit.
The most important is the discount rate, which is set by national banks that oversee the financial system and ensure the stability of national currencies.
The discount rate is particularly important in trading, as it affects two areas:
All about Forex orders - basic types, sizes, and triggering features
Forex orders are the main instrument used to conduct transactions on the foreign exchange market. There are several types of orders, all of which are grouped by execution time and type.
Each one performs its own functions and is triggered only when certain rules are met.
The main task of a trader is to correctly determine the time to use a particular order and set the initial parameters.
In addition, there is a certain category of orders that do not open trades on their own, but serve only as an addition to already open positions.
Proper use of all available options can significantly improve the efficiency of Forex trading.
Why Forex Forecasts Don't Always Come True
Nowadays, there are numerous websites that provide detailed forecasts for exchange rate movements, precious metals, energy prices, and so on.
It would seem that trading on the exchange couldn't be simpler: simply read the current forecast for the selected asset and open a trade in the desired direction.
Then, wait for the analyst to announce an imminent price reversal and close the trade with a profit.
But in practice, things turn out to be far less rosy: over 30% of forecasts are either forgotten or come true to a lesser extent than expected.
As a result, instead of the promised profit, traders suffer losses and accuse analysts and research firms of some kind of conspiracy against ordinary market players.
What is the difference between technical analysis and fundamental analysis?
Anyone entering the forex market faces the challenge of choosing between technical and fundamental analysis.
Most analysts recommend combining the two, but in reality, traders prefer to choose one or the other.
The question isn't really about which is better or worse; it's simply about knowing the differences between the various analysis methods. This will help you make the right choice. Therefore,
we'll explore the key differences between technical and fundamental analysis and the specifics of their application.
But first, it's important to understand the specifics of each method.
Differences between MetaTrader 4 and 5.
Currently, the most popular trading platform is the MetaTrader terminal, but some traders are confused by the fact that
there are two versions of this program, 4 and 5. Which one should they choose?
What's the difference between these two options, and are there any advantages to the newer version?
To be objective, it should first be noted that MetaTrader 5 hasn't gained the same popularity as version 4, and brokers rarely offer it for download.
Furthermore, the number of auxiliary scripts for working with MT5 is much smaller. Let's review the main differences:
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