Hello Forum Members as I am new trader still i am learning Forex but all that time when i make some big profit i am loss so i am requesting to Experienced trader please share some advice to newbies how to prevent our account to big losses?
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Hello Forum Members as I am new trader still i am learning Forex but all that time when i make some big profit i am loss so i am requesting to Experienced trader please share some advice to newbies how to prevent our account to big losses?
my advise as a trader is the discipline and emotional control.l have tried so many good strategies but l fail most of the time the main reason was that l never follow them fully .so it was wasting of months and years.one thing you must not forget is if you will not control your emotions then time and experiences will never help you for improving your trading skills.
I am also waiting for the advises from expert in this thread. So expert traders please put your valuable active advises here so that newbie can earn from forex.
Dear, Forex market mai demo practice tu bhot zarori hain aur us ke sath forex Study bhi honi chaiye liken kuch person 1 hafte ya is sy zayad trading mah waqt de kar Experience earn kar lyte hain DEAR 3 year Experienve depend on new trader Person
actually i do not have lot of experience about the forex market but one thing i notice that if the market move up 100 points then it come back at least 40 points so if you want to earn some money then you need to wait for the market trend
make big profit just for once is easy but make it for longer time or make profit with consistent is the hardest side, do you think that you get big profit for one trade is your analysis ?
or you just put the order at the right track and time but you do not realize it ?
i have been trading for more than 4 years, and when i make analysis about this anomali, i get big profit when i put the order at breakout position, but we have to know about it with correctly because sometimes the trend still continue this position, and so for it we need to know the higher time frame to see the real trend
The most important thing in trading is a good money management, a reliable strategy, and less risk. you can use 5% of equity, trust me on the trading system that has given you 70% or more, and do not Overtrading.
i have got a few tips to beginners
1 - Stick to your plan
2 - Stick to your Plan
3 - Stick to your Plan
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999 - Stick to your Plan.
only when you mastered in planning.. otherwise do the DEMO first...