Comment on FXCC
★★★★★1 / 5Initial 1-star scoreReference #244
<p>It’s hard for me now to understand the fact that I trade Forex. Seriously. I didn’t understand anything before, and now I’m not a professional either. I am trading with FXCC broker and am not making a lot of money yet. I know it takes time, but I have a fear that I will lose my deposit if I make a mistake. Therefore, I advise everyone to constantly learn and analyze the market well. Technical analysis is a good tool. This must be applied constantly. There are analysis indicators for this. They are available in the MT4 trading platform. To be honest, at first I did not understand these indicators at all. I even thought to stop trading. Despite this, I still trade here and believe in success!</p>
Replies 1
<p>Yes, indeed, technical analysis is very important in trading, it is often the only means to measure the “”irrational”” (emotional) component needed to adequately assess market conditions. Random-event theory says that today’s market prices have no effect on the market prices of the following days. But this approach does not take into account an important component of the market: people. People remember previous days’ prices and act accordingly. Thereby people’s actions affect the price, but the opposite is also true: the price itself affects these actions. So the price itself is an important component of market analysis.<br> I agree that FXCC broker provides a lot of indicators for successful technical analysis.</p>
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