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the very first few purpose is incredibly smart and it also may be a should for any trader which can succeed in forex trading. several traders open and shut trades randomly while not any trading intend to back them up. that will be possibly the most serious problem in forex trading.
i am also a new trader of forex and this is my first month on forex i think that if avoid these steps then in future i will also a good and successful trader of forex and earn a good income from it
money management is a very important and crucial factor that we have to use it properly.If your money management is good then you can definately become a successful trader but for that you must need skills...
Finding best forums for this business is not a difficult task. However, there are some features that should be available in a forum to be regarded as a good forum. First feature is its vastness and the risk involved. The forum should not be huge and it should have less risk chances involved in the business because if you will bear a loss then it will be huge. Less risk chances will surely bring the profit down but will also ensure the safety of your payment.
there is few major reason for our loss .actually we are taking maximum risk and sometimes we never use any technique or analysis for our trade and as a result of certain movement against our positing blown up our account
Forex trading me planning ki bahut zarurat hoti hai..
Planning means aapko proper tiem aur money management seekhna padega..
Iske alawa aapko analysis ke liye poora time dena padega taki aapki deals aapko zadatar profit de sake..
yeah it is right, proper money management and proper time management is must for every trader..
If you are able to spend your money in good deals in good time, you will get result which will be very fruitful for you..so its always advisable to manage your money and time properly.forex is a good job...................
i am also a new trader and i think these are mistakes which usually a trader do on forex and i think that if avoid these mistakes on forex then in future i will be successful in forex and earn a good income
Your point is very good I think if anybody following these rules then they can easily success in the forex trading if they are expert. The most important things are learning, patients and money management.
in my opinion Forex isn't an easy business and a beginner is probably going to commit mistakes therefore the a lot of necessary is to simply notice your own mistakes and take a look at to get rid of them. The merchant who doesn't learn from his mistakes and doesn't correct his mistakes will never become winning.