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well, yes absolutely my dear, generally I also do consider that i have learn so many things from this business. First, i learn that all of us have chance to get success and get rich, not matter if we do not have much money as our capital to start our business. Second, to earn so much money everyday does not means that we must work all the times, with forex we can trade for a few minutes only, but we still can earn much money
well, absolutely I think it’s truth and I personally believe that two most important things that I learnt from forex trading are Money management and importance of the trend , you have to manage your money really well and after that you have to follow the trend only the trend can give you success in forex trading
As far as my views are concerned, i will say i have learnt so many thing from Forex trading and these as; i learnt knowledge and information about Forex trading. I learnt skills, tactics, different strategies for different situations and conditions, learnt experience, money and risk management and most importantly i learned to understand trend.
i learnt a lot in forex market especially risk management, because im the type that want to get all the money once but is not like that it takes risk management to remain in forex market. also greedy is not good at all you most control your greedy appetite,and don't be afraid to trade forex as long as you have passion on it. fear is another problems a lot of traders face to day,fear of loosing there money. don't be afraid but work out wonderful strategy that will help you earn forex market
An easy way to learn forex trading is as follows: first you have to prepare first what system you will use. whether the system was tested properly or not. By using the accuracy of the system then we will be able to determine when and how we will analyze market movements.
Second, use the lot as possible in accordance with the management of money you use, For suggestions I use less than 5% risk for each transaction there.
yes dear friend ap ny bohat ashi bat ki hai aksir trader in 2 chozon ki waja sy loss krty hin k on money management thek nhi hota or lalch bhi krty hin zuada profit krny ka is luy on kp loss bhi hota hai kosh to ap na account he wash kr daty hinQuote:
Originally Posted by ali1011
Yes,these points are very very important for the Forex traders ,the money management and the risk management are also required for survive on the business properly,and if we also controlled our emotion then we can be doing the properly and be gaining the trade easily.So these points are also useful for the perfect trading.
I am start this work with lack of knowledge. I can not success. But iu am learn the mistake. I am suggest you the two things. If you are follow it than you can earn the daily base 25 pips.
1 Use the indicators and draw the support and resistance line
2 Always ffollow the majior trend.
You are follow it and you are successful trader.
Yes that 2 things for learning is best for every trader ager koi trade sirf risk management ko deeply study kar ka us per trading per work kariy to bhi trade short time main big success hasil kar sakta hai or ager ya tool wo continue rakhta hai to profit bhi milta rahy ga.
Forex is a reliable source to make good amount of money online and which also teaches us how to be discipline in a business, this are the two important things that I have learn from the forex market so far and they are very helpful.