Trailing stop is very important in forex business.
It locks the profit.
For this reason traders feel less tension while trading.
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Trailing stop is very important in forex business.
It locks the profit.
For this reason traders feel less tension while trading.
Actually there is no difference between demo account and real account.
The main difference is you may feel stress in real account.
Stop loss is very important in forex business.
Without it no one can succeed in forex.
It protect your trading capital from being zero.
There are many benefit of this forum.
The benefits are earning free capital, learning education, sharing ideas etc.
Winners mentality is always good and flexible.
Because he gets profit continuously.
Though forex trading can be done at any time, so it may be taken as part time job.
You can also use your official time but should be careful about your boss.
Emotional trading can be cured by practicing demo account more and more.
You have to start forex with no deposit forex bonus or bonus for post.
According to me, the brokers who charge commission are best than spreads.
Because spreads are variable and it may be more than expected but commission are fixed.
For beginners it is very difficult to success in forex.
For this purposes he have to avoid all common mistakes such as using sl and tp, using wrong signal, following wrong trend etc.
The reasons are:
1) Ignorance about forex trading.
2) Trade with a wrong signal.
3) To greed and take high risk etc.
Yes, you can be a successful trader at all.
You should study and work hard for this purposes.
Also you have to study more about forex.
Experience in forex trading is very important.
But experience doesnt work all the time. Because market is changing every time.
I just stop trading and take relax.
I study more and more and start trading again with a refresh brain.
No, I am not satisfied yet in forex earning.
Because I am in loss yet.
Yes you are right. EA is risky also.
It can make your balance zero.
According to me retail traders make on an average 50 pips per day.
If the proper signal they can make 100 pips or higher daily.
In a busy day I only trade London and us session.
Otherwise use expert advisor for auto trading.
No, I dont suggest you to borrow money for trading.
Because it is risky.
Invest the money only which you are afford to loss.
Winners mentality is always good and glad.
Because they are successful trader.
Yes it is true. Trade size should be lower while balance is poor.
High volume of trade size cause the account great loss.
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