the actual use of leverage does not matter even this will help the trader to be freer use of margin, but the trader must also be proficient in managing mm so that he does not get carried away and end up using a lot of emotion large
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the actual use of leverage does not matter even this will help the trader to be freer use of margin, but the trader must also be proficient in managing mm so that he does not get carried away and end up using a lot of emotion large
for me i prefer to start with a medium laverage 1:200 , it's verry safe and little risky , and you can trade using it with small amounts and levels and i advise you to work with laverage 1:1000
hope the price will return again anyway it doesn't matter, as long as we know what's good for the time when menhedging or cut losses, so no need to fully expect for the price will come back again because it could be months of new prices could return again.
Newbies are vulnerable and easily confused individuals in forex market. They have to lose many accounts first before they can acquire good experience and skill in trading. I think it's quite normal,all beginnings are difficult. But once you figure things out it will becomes easier to handle in the end.good luck.............
but in this much-needed self-control (good trading psychology) in order not to get caught up in the circle of greed. because we can think logically, that to achieve our profit takes a long time to collect them, but with the nature of the uncontrolled greed all profits generated will be destroyed in a matter of days or even hours.
I am agree............... it is very important to avoid loss in forex..............., they do not know how to trade, than most of the trader get loss from the forex market. .............. it is very important for the new traders to know how to use leverage and make more income in forex, we have to keep our mind positive in every trade that we are doing, as new traders we have to learn well
usually there are a lot of mistakes that new traders make in the market that cost then money but to mention few, avoid over trading, avoid rough chart setups, be confident, relax and take your time to plan your trades.
If you want to gain on in this Forex treading sytem than you should to try avoid the mistakes becasue we all know that it is a money making treading system so this it.
do not force us to make a profit because the forex takes concentration in the analysis, in order to better focus make our profit targets in a single day, if the target has been reached to stop forex trading and start again the next day, so we can control our revenue per day
we do have a worry of characteristics but as investors we must be able to management it to be able not to damage ourselves. If the worry of dealing, may be we will reduce the right time for the OP and will make an impression on think twice in the research