Konten Terbaru oleh Lee Belisar

There are several factors to consider in selecting a good Forex broker. These include low minimum account opening, tightest spreads, state of the art trading server, customer support and attractive bonuses. The legality and good background and reputation are also crucial. I am lucky to find...

You are right. This is a good way to have a general grasp of the trading process too.

I think it would depend on the account. Per account has a pre-determined leverage as the way I see it on the Web site. But maybe we can adjust it. Should be check with GDMFX.

Well said. Sufficient knowledge is indeed necessary if you want to take Forex trading as your major job. Also, you should have sufficient trading funds.

If I'm right, I think GDMFX also provides a maximum leverage of 1:500 in the classic account.

You are right. Forex trading needs a lot of knowledge and good trading skills. And I think you can get this through hard work and study. Having a side job would be better. At least when you failed in Forex trading you have a second option.

Forex trading as a main job is best suited for long and experienced traders, I think. For newbies, its the other way around. Why? Because they'll have to undergo series of activities and self-learning methods to learn more about this matter. They can't be successful traders without learning the...

First week to a month of live trading is a good start for newbie traders to feel the Forex market and create a working trading strategy. Always remember to begin trading at the lowest amount so you won't lose much and the risk is not that big. The point here is to just study as to how the market...

When you are a fresh starter and just begin to trade live, the secret, per other experienced traders, is to trade beginning with the smallest amount. In this way, even if you lose, the amount is not that big and therefore not a big issue. This is just to test your trading skills in the live...

How is your live trading so far? I've heard GDMFX is providing free market analysis. But not sure if its by week or what.

I did have a classic accout with GDMFX too. But I do not trade live yet. Still I'm taking advantage of the features offered by this broker like the free demo account and the Hermes Academy.

The features of a broker should be utilized as much as possible to take advantage of it. In my case, being a new trader, I did not fail to try the demo account provided by GDMFX for free. Similarly, I did not miss to use the Hermes Academy. This is to make sure that I have the necessary Forex...

I have a classic account with this broker. Until now, I'm using gdmfx demo account. But I'm thinking of trading live maybe next week.

Yeah, fast execution as they have a state of the art trading server.

I've got to talk to one of the experienced traders and he said that using a demo account for longer time could result to developing a bad habit. For example, a trader might end up taking too much risk, he said.