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If a trader trades after minimizing their risks and losses and uses his money management skills effectively then they can perform better trades and at the same time make sure that their losses are less which will eventually lead to more or higher profits .
Well 30 days for one open trade is really a very long time and also you won the trade which is very good but you must have earned many pips in that particular trade ? Do share the details here if possible .
Trading with proper money management is the best way to avoid margin call for a trader and it should be practiced in each and every trade and specially stop loss is a major tool for the same
---------- Post added at 01:22 PM ---------- Previous post was at 12:43 PM ----------
Depositing money with each trader is not the right choice for any trader and the best way to trade and avoid margin call is to trade with proper money management and place stop loss and take profits to all the trades .
Well losses does make a trader angry and depressed but then a trader should avoid and try to control their emotions and also do not set huge and unrealistic targets in the beginning and must aim for small and consistent profits .
Achi income ke liye achi trading karni bahut zaruri hai aur iske liye trader ko bahut mehnat karni padegi aur markets ko sahi tarah se study karna hoga aur analyze karna hoga aur tabhi woh munafa kama payenge aur achi income ho payegi
I agree with you completely as 100 $ is just the perfect capital for a newbie to invest and start trading with and trading with small lot size one can trade well and earn good profits as well in these markets and learn forex as well
Yeh sahi hai ki forex mein market conditions daily change hoti hai aur market mein movements bhi usi hisaab se hoti hai isiliye hume apni trades bhi usi hisaab se adjust karni padti hai aur humare trades vary karte hain .
A beginner needs to learn the basics of the market and this trade and then learn both technical and fundamental analysis which is most important and then form a trading plan and practice in demo account which is most important before they start trading in real account .
---------- Post added at 01:24 PM ---------- Previous post was at 01:11 PM ----------
Yes the best way to start forex is to learn forex and learn the basics of this trade and these markets and then form a trading plan and trade according to the same after practicing in demo account and aim for consistent profits first.
This is the best way to react after a trader suffers losses and this way a trader gets time to identify their mistakes and analyze the reasons of their losses and work on them to perform better trades later on .
Actually the trading style of every trader reflects how the trader is in general and in trading and the way they trade tells a lot about them. So one needs to make sure that they are disciplined in general life and that is when they will be able to practice the discipline while trading also .
---------- Post added at 12:37 PM ---------- Previous post was at 12:27 PM ----------
A trader should form a plan and always stick to it and follow it if he wants to do disciplined trading in these markets. Also a trader needs to make sure that he is patient and wait for the right opportunities to perform his trades in these markets .
---------- Post added at 01:26 PM ---------- Previous post was at 12:37 PM ----------
A disciplined trader is always a better trader than the one who is not disciplined. We need to follow trading discipline at all the times and then perform our trades to make sure that we make good profits in these markets and we should always trade with cool head .