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Yes of course, in the business forex it we must know that market condition before we opening position and we must know that market condition too when we wish to closed position. And about investment that we would getting in each condition, that would depends on your decision.
in forex business your first investment is always your learning investment and you should try to earn but try to learn more and more from your real trading,that's why you should first invest small capital in forex business..
Having high emotions is bad in trading but we can't vanish the emotions because we are human being. All we can do reduce the emotions and prevent this enemy attack our account, so the account would be safer. We can achieve the level where we are able to control our emotion and keep our mind in calm state. But to do that is not easy and need learning, practice, and train every dayQuote:
Originally Posted by alamayreh
emotions is a really big enemies for trader because it can be so wild. moreover if we are in a depressing situation, sometimes emotion make us open a position just based on what the emotion want, not based on the strategy. so danger. its true emotions will help you be a good trader and you should make sure that you are trading the makret with care otherwise you will be trading with bad habits that will make you loose allotQuote:
Originally Posted by alamayreh
turn micro is the key . if i told you i non effervescent change an a/c that i started with 5$ and now has over 500% you'll say am deception but its adjust i cogitate when you feigning yourself that you can manage the minute money and transaction with it wellspring you faculty be solon reassured to drop big bucks
As a mastermind it is punter to sign trading in small lot sizes and undergo little risks and I reckon for this resolve cents story is more turn. I cogitate one can signaling trading with 20 $ - 50 $ as a originator.
forex mai investment kam se kam 50 $ to honi hi chahia chahe wo begginer hi kyo na ho. lekin forex me ap jitni zada investment karo ge utna hi zada profit ke chances bhi honge kyonki ussi hisab se aap forex market mai zada se zada time spent kar sakte ho jis se zada profit hone ke chances hote hai. aur investment choti hoti hai to profit bhi chota hi hota hai, lekin aisa karen se aap ko bahut ache se seekhne ko mil sakta hai. money management ko ache se seekhne ke liye humari investment kam hi honi chahaiye. jab aap komoney management ki full knowledge ho jai gi tab aap zada investment se trading shuru kare jisse zada se zada profit ho sakta hai
my dear friend mary khayal k mutabik yah ap depend karta hyk ap forex main trading k lye kitni invest karti hin yah ap ki apni personal marzi hoti hy agar ap k pass free balance zyada hy to ko zyada invest karna chae agar kaam hy to kam invest karna chaeyQuote:
Originally Posted by alamayreh
It's totally depends upon trader, how much he can afford to invest in forex. If a person have done good practice on demo account and wants to enter in real market then he should open his account with 500 dollars and trade on 0.1 lot size.
The person who have gretter money and gretter skills of trading can invest 100$ or as many as can but a beginner who does not have enough knowledge will have to invest maximum 100$.