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I also do think that will smart is often a component which influence of course anyone industry positively besides know-how in addition, and so smart as well as clever broker of course help to make profit as well as achieve their particular perform more than other folks.
One of the key measurements of market sentiment is support and resistance. If resistance breaks, there are more bulls in the market at that time than bears. If it bounces, we know the bears have overpowered the bulls. Likewise, if a support level holds, we know that any drops in price were most likely caused by routine profit-taking. If it breaks, on the other hand, we know we have short sellers entering the market along with longs starting to close their positions.
You are right, practice really make us good in our trading but it is the experience that is most important for any trader to do good trading. You can rely on practice but after practice you need to improve your experience and then trade on the basis of your experience. When you get some success in your trading, then you confidence will boost up and that will help you greatly in your trading.
not necessarily that smart people who must run the trading business, it takes only a passion for trying to understand and comprehend trading, just that, it's easy, just need curiosity with trading knowledge so that people can run this business.
misfortune of their neighbors; and thereby pave the way for their own ruin. The hunter marks their course and the next day looks them up. On this occasion the day was hot and the honey very fragrant
I recommend that every forex trader that is just beginning in the forex business, must use a forex demo account for his trade. A trader must ensure that he acquire a lot of skills and experience by demo trading before he should choose to open a live account. However, there are other ways to it. If you choose to start practicing with a live account you must start by opening a micro account so that you would trade with cents and hence the risk level that is imposed in your account would be minimized while you are learning you would be earning as well although a few cents.
I think that initially a trader needs some guidance, and a newbie also needs, so when I needed guidance, I looked for the help of demo account and should read e-books and forums.
han g janab ap ko forex trading ka andar sucess lani ha na to ap ko such ma smart hona para ga for a good trader or wasa bhi es business ma pal pal ki news rakhni parti ha
we must practice everyday . But how about my question. Is you must become the high intelligence people to trade in forex. Since many trader fail to get money in their trading portofolio. Is it because we not smart so we always fail to trade and gain money , or there is another reason.
hnn ap ki baat sahi ha main ne khud bhi yahi fell kiya ha k ham ko forex trading mutaliq sab knowledge hona chiye kioun k es taran ham forex trading main profit kama saktey hane forex trading main smart hona yeni knowledge hasil karna lazmi ha