This thread is about everything related to: / Forex / Commondities / Indicies / Stocks
Your thoughts & charts and ideas are appreciated!- Just post your chart/ideas or interesting news you found
- Also any questions you might have
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Completely new traders are very Welcome (What are you interested in? Daytrading? Swing Trading? Long term investing (especially stocks, indices & commodities) What broker to take?___________________________________
I am new. Where do I start learning about trading the globule markets? Charting? Signals? Support/resistance?
check out ->
https://www.babypips.com/ <-
Also a good introduction Playlist on youtube for new traders:
check out ->
YouTube Forex/trading introduction playlist <-
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You already have experience in trading? Have a look over at the DailyFX Youtube channel. Professional analyses by a currency specialists regularly.
check out ->
DailyFX YouTube Channel <-
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Brokers to suggest which accept Bitcoin:
SimpleFX:
https://simplefx.com/
Positive:
+ Very many pairs overall. Also all major crypto pairs (LTC, ETH, Bitcoin Cash)
+ Several deposit/withdraw options for both crypto and FIAT. (FIAT requires verification)
+ Supports MetaTrader 4 (gives the option to copy trades from professional traders across many brokers which I do not recommended)
MT4 is especially interesting for active day traders.
+ responsive and professional customer support
+ accurate overnight swaps (which can be positive,therefore you get paid to hold some positions)
+ up to 500x Leverage on your account margins. (not for your single trades)
Negative:
- spreads are moderate (unless you are a scalper you shouldn't care about this too much anyway)
- crypto pairs are a bit high (besides BTC/USD which is good)
- LOT system for position size
- dynamic spreads can create giant spreads during high impact news(Keep an eye on the Ecconomic-Calender!)
1Broker:https://1broker.com/
Positive:
+ Very basic and simple interface. Good for completely new traders.
+ Low spreads overall.
+ fixed spreads (high impact news are less violent then on simplefx)
+ The very first and therefor oldest and most reliable crypto Broker for the globle markets.
+ 200x max leverage (can be adjusted for every trade itself)
+ directly copy traders from the 1broker platform (Which I again do not recommend)
Negative:
- High over night swap fees(unlike simplefx you wont get paid)- No
MetaTrader 4 support (very bad usability on mobile devices)
- currently no other deposit options besides BTC
- no crypto pairs to trade currently (but coming soon with
https://1fox.com/)
- much less pairs to trader overall (compared to simplefx)
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How do I share my Charts/Ideas?
--> https://www.tradingview.com/ <--
Quick Start for TradingView:
1.) Click on "Chart" or Type in what you are looking for.
2.) In this case the S&P500 = "SPX500". It can be tricky to find what you are looking for but you will get used to it
1.) Open main chart 6.) Your personal watch list
2.) Time Interval (between 1 minute and 1 month) 7.) Instant snapshot of your chart
3.) Drawing tools 8.) Publish your Idea. It will create a chart which can be
4.) Indicators (more information about their function soon) "played" from when you created it.
-Example here-5.) Set an alert! 9.) Economic-Calendar: All important number releases (GDP,
Inflation reports, Retail sales).
-Alternative Also look here-____________________________________________
Keep Doing it if you Enjoy doing it!
