can any like to tell me that what are the survival skill in the trading at Forex please share with me
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can any like to tell me that what are the survival skill in the trading at Forex please share with me
well some basic survival skill's that i can tell you are like money management, lots of knowledge, making a perfect system or strategy which can be consistent, control on ur emotion's, readiness to learn from failure, no greed, analytical view, getting doubts solves with proper guidance and keeping information of market movement's
i think survial skill wo hote hain jis hum market mein kafi deer tek post ker sekte hain, i also think money management is the best thing, but still we need more tools and more resources and those tips and tricks which are necessary for the survival of the trader more then that good apprach to the market
skills that you gain from practice(demo account), using good MM, and not greedy when trade. if you feel any greedy when you trade. i suggest you to close your terminal and go to sleep
the most important survival skill is money management. Using a good money management system, you won't get margin call although you have loss 100 times in a row. Isn't that great ? Fundamental, technical and sentiment analysis is only used for max profit or min profit.
1 Open a small real account and just trade with 0.1 lot size
2 dont open more than two positions
3 Attach tp and sl targets to each positions.
And continue to learn following the rule, you will stay long in the business. And when you feel that you have gain enough knowledge and experience you can invest a good capital.
the only survival skill i say is trade without greed and dont misuse high leverage.if you do so you will get MC.
MC is the worst case,as our entire balance will be blown and need to go for capital again.So survive from MC first and then losses.
should correct for the beginner to remain disciplined trading plan and MM good, stayed we practice patience, mental and psychological our trading..
dont greedy .. :peace:
skilled trader hass all skills..including survival skills..if u r quite new to trading then u should learn proper money management,,and also some strategies that helps to make us to be an extraordinary trader..and learning is important at all level of trading
sabse achi survival skill hai ki apni deals ko block karke rakho
block karke rakhne ke matlab ki tp aur sl ki range set karke rakho..aisak aren se apke profit ke sath sath aapka loss bhi fox ho jayega jisse ki aap apna money management pe dhyaan de sakte hai
forex market me experiance ke sath hi aapki trading skills achi hoti hai..isliye is market ko jitna zada time doge aapke liye utna acha hai