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Before starting a tread we should think about some key issues very cautiously such as we have to think about both money management and risk management if we do not think about both of this issues we will be a loser at the end of trading if the trade wrongly placed in the meta trader.
I think that it issue be discussed and fascinating, Forex is business which need lots of freshness of thoughts and physique. You factors are extremely informative and necessary. I will be able to see these factors properly prior to begin trading as a result of I don’t wish to lose my money I wish to earn profit inside my each trade even terribly tiny. .... best of luck
it is true, we are responsible for our trading account. so that every decision we make has risks that we must bear. Before you start trading, you should learn first. because in my opinion, the more our knowledge of the forex market, the easier we make a profit. or at least we can survive in the forex marketQuote:
Originally Posted by saifullah1
the traders should choose the right pair of the currencies that they expect that they can achieve pips through it easily , and then they should choose the right point on the entrance to be an easy order to close it with some profits
and for that should got to trade in demo to obtain fundamental understanding and acquire expertise and when patiencely we trade in demo then little question it offer us fruitful result. anyway i think there isn't any spot where fortune however its entirely results of great comprehending.
Before trading, you must learn pebgetahuan trading in fact i think we have to know risk of forex trading and know how to win our transaction with Trading using leverage is trading on credit, by depositing a small amount of cash, and then borrowing a larger amount of cash. Traders have to Know all small things related to Forex trading before they start Forex trading. As a result, professional traders trade using leverage for ev.
the selection of pairs when trading is also very influential with our trading performance. I think we have to be flexible, we do not need to wait for the signal to one entry only in pairs, we can use multiple pairs so that we can get a trading signal more quickly. This allows us to get more profit than using only 1 pairs when trading. because in my opinion, each of the pairs have the same movement, they are based on the support and resistent to perform the next movementQuote:
Originally Posted by ashraf500
We must prepare money management, trading strategy till It can be from demo, but i mostly don't just rely on demo knowledge. then I thought well why so many beginner traders met defeat in a row that this might be the cause therefore we got the news one trader can make 100% winning then before trading begins the first time we had done praying. leverage is what it is, I am still a beginner still confused with what is leverege, can you explain it to me.
before the start of trading, I prepare mentally, and I have been planning and strategy that is considered good, it is very important that we do not get confused, if you get a loss, and can trade with ease
Leverage is vital for trader since it is depend upon invest. If you would like a lot of profit then you need to collect a lot of info concerning development country. Money management depend upon loss who currently be realistic. Thus invest once more to save lots of money.