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GOLDEN RULES for NEWBIES/NOOBS "IF YOU ARE NEW READ THIS FIRST!"
Rules to follow starting out so you don't get scammed - These are important as this is where most fail with signing up to a new broker. Rule #1 - Never invest money you can't afford to lose. Rule #2 - A broker makes money when you loose, just like a sports book. Rule #3 - Never allow a broker to trade for you. Remember…
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Forex Trading – Learn How to Trade Currencies Like a Pro
Want to start Forex trading but don’t know where to begin? This guide covers everything—how the market works, key strategies, and tips to avoid common mistakes. Whether you're a beginner or looking to improve, learn how to trade currencies the smart way.
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very new to all this
I am very new with no experience in trading at all and want to know if there is it possible to make an adequate living out of doing binary trading as you're "job"? I understand its not easy and you have to work at it and study etc but I was wanting to know if it is possible for someone totally new into it who is eager to…
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Help!!
Hi all I am absolutely new to trading but I am very interested in finding out more. There's seems to be a lot of scams/fakes around so if anyone has some good places I can do research and check out authorised responsible websites that would be great. .....go easy on me.... Total n00b!!!
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New to trading
Hiya guys. I've had an offer off someone to join a group who use the 24option platform and sends you signals on WhatsApp. The minimum deposit is £340 and the signals are free for 14 days. £70 per month after. As you can tell I'm pretty new to this, but have a keen interest in making a decent 2nd income. I'm a bit unsure…
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Some Questions For beginners !
Hi I am a beginner and was thinking of opening an account with iq option. Is this platform safe because there are alot of scammers out there. Also i did my research and found out that if i want to make profits i need a good strategy but did not find anything that would help me in that area. As i am thinking of trading in…
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Is copy trading risky?
Yes, copy trading carries inherent risks, and it's important for investors to be aware of these risks before engaging in such activities. Here are some key risks associated with copy trading: Market Risk: Copy trading does not eliminate exposure to market risk. If the overall market experiences volatility or unfavorable…
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Is copy trading worth it?
Whether copy trading is worth it depends on individual circumstances, goals, risk tolerance, and the approach taken by the trader. Here are some points to consider when evaluating the worth of copy trading: Advantages: Accessibility: Copy trading can provide easy access to financial markets for beginners or those with…
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What is trading? How do you read trading candles?
Trading involves the buying and selling of financial instruments such as stocks, bonds, currencies, commodities, or derivatives with the aim of making a profit. Traders use various strategies, analyses, and tools to predict future price movements and capitalize on them by entering and exiting positions in the market.…
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Forex vs Stocks: Which is Best for Beginners?
Forex is the largest and most liquid financial market in the world with an endless range of major, minor and exotic currency pairs. Traders are attracted to the forex market because of its unique characteristics like high liquidity, around-the-clock trading, and higher leverage it offers. Forex traders use pip values to…
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How should I make my own trading strategy?
I started binary trading a couple months ago and I really haven’t made much progression, I’ve watched tons of videos on the best strategies and none worked. I’ve tried to make my own strategy but it only works like a couple times then it’s all loses after that. Anyone know how I can make my own strategy and perfect it?
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How do I become a successful forex trader?
Becoming a successful forex trader requires a combination of knowledge, skills, discipline, and a well-defined trading strategy. Here are some steps you can take to increase your chances of success in forex trading: Education and Learning: Start by learning the basics of forex trading, including terminology, market…
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What is the MACD indicator, and how is it used in Forex trading?
The MACD (Moving Average Convergence Divergence) indicator is a popular technical analysis tool used in Forex trading to identify potential buy and sell signals. It consists of three components: MACD Line: The difference between a 12-period and 26-period exponential moving average (EMA). Signal Line: A 9-period EMA of the…
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Where can I find a binary options telegram group to learn and grow under? (not a signals group)
Hey, I've been learning a lot about binary options trading for a little over 2 years. But all this time I haven't been very committed, off and on. I currently I'm looking for a place to grow under...where fellow traders can share ideas, difficulties in a free seamless environment and not some bloke trying to share signals.…
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Question about Rule #2 - A broker makes money when you loose, just like a sports book.
If they make money when we lose, can they simply delete or block my account if I win too much? If that is true, how much is safe to make in order to keep me flying under the radar at www.binary.com ? I'm testing with the demo account on their website which appears to be legit, however I haven't been studying it for long…
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What are the benefits of copy trading?
Accessibility: Copy trading provides access to financial markets for individuals with limited time or expertise, allowing them to participate in trading activities without in-depth market knowledge. Diversification: Investors can diversify their portfolios by copying multiple traders with different strategies, reducing…
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What is a high spread in Forex?
In forex trading, the term "spread" refers to the difference between the bid price (the price at which you can sell a currency pair) and the ask price (the price at which you can buy a currency pair). It's essentially the cost of entering a trade and represents the broker's profit. A "high spread" in forex trading refers…
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What is copy trading?
Copy trading is a financial practice where less experienced investors or traders replicate the trades or investment strategies of more experienced or successful traders, often referred to as "Providers." It involves mimicking these expert traders' actions, either manually or automatically, in one's own trading account.…
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Which is the best trading platform in South Africa?
MetaTrader 4 (MT4): MT4 is a widely used and well-known trading platform in South Africa and around the world. It offers advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). MetaTrader 5 (MT5): MT5 is the successor to MT4 and offers additional features, such as…
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What is earnings per share (EPS)?
Earnings per share (EPS) is a financial metric that represents the portion of a company's profit allocated to each outstanding share of its common stock. It's calculated by dividing the company's net income (after deducting preferred dividends and any adjustments) by the total number of outstanding shares. The EPS figure…
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What is the definition of a bear market?
A bear market refers to a financial market characterized by a prolonged period of declining prices for securities such as stocks, bonds, or commodities. It's marked by pessimism, investor uncertainty, and an overall downward trend in asset prices. In a bear market, there's a prevailing belief that the economy is weakening…
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What is a MACD bearish crossover?
A MACD (Moving Average Convergence Divergence) bearish crossover occurs when the MACD line (the shorter-term moving average) crosses below the signal line (the longer-term moving average). This event signals a potential shift in momentum towards a bearish or downward trend in the asset is price. Traders often use this…
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What is the three black crows pattern?
The "Three Black Crows" is a bearish candlestick pattern in technical analysis that is used to identify potential reversals in a financial market. This pattern is typically observed in stock, forex, or commodity charts and is characterized by a series of three long and bearish (downward) candlesticks. Here's how the…
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What is PAMM?
In forex trading, a PAMM (Percentage Allocation Management Module) account is a mechanism that allows investors to allocate their funds to be managed by a skilled trader or money manager. This system is commonly used in the foreign exchange market and is designed to provide a way for individuals to invest in forex without…
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What is the best Forex pair for intraday trading?
EUR/USD (Euro/US Dollar): This is the most traded currency pair in the world, known for its liquidity and relatively tight spreads. It's favored by many intraday traders due to its price movements and liquidity during the European and U.S. trading sessions. USD/JPY (US Dollar/Japanese Yen): This pair is popular among…
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What's the one thing that scares you most about investing in the stock market
Need to know more information about What's the one thing that scares you most about investing in the stock market.
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Is there a chat group here that has knowledge of unconventional business funding options available
I would like to get in a chat group or have a discussion regarding unconventional funding options or a chat group that is seeking investment opprtunitunity without the wasted time involved with the typical funding process.
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Do you trade on different markets?
Hi, I was wandering if it is worth the try to trade on few different markets or should I stick with just one for starters? For example if I want to trade currency pairs and crypto?
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How much time should I spend while researching stock?
share your valuable answers
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Is it really that easy to make money?
Hi I have been using various demo accounts for 2 years now and have consistently made money both with forex and binary options will that all change if I start playing with real money?
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General stock market questions
Is it safe to invest in Unlisted stocks as a beginner? Please give your valuable answers