To be a successful trader, we still need to have a confident attitude in forex,which we may also control our emtions properly,no matter we are winning or losing.Together with Money mangement and...
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To be a successful trader, we still need to have a confident attitude in forex,which we may also control our emtions properly,no matter we are winning or losing.Together with Money mangement and...
It's hard to learn and you can have just loses. Every job , when you start you have some basic salary , but in Forex you can have loses, and after long period if you persistent you can earn.
The most important thing is experience. Not enough just to have enough knowledge in this field, we must practice, practice then we have the experience, with experience we have the mentality that is...
I think that the beginning of the road is learning patience and understanding and the search for any new information and learning from the mistakes of others, and this is the way to becoming a...
high leverage also give benefit for traders who already can make profit consistently. his account will be grow fastly.
but however the most important is money management and discipline doing it....
Studying and constant practice is all it takes to be profitable in forex currency trading. As a newbie, i advice you to visit ********.com and start learning. You must also note that you must be...
To be a successful trader is a hard work and it's a very long way to be achieved. Studying and practice will help you to achieve that will take a longer time! start with one position if your going to...
however, the term risk is closely related to the amount of pip you are willing to lose (in the form of SL or hard SL).
if you risk 5% but the SL is 150 pips it is not as risky as risking 1% with 10...
Leverage its great, when you can trade like 100x more than its possible to you, but your profit and loss is calculated from the amount of 100x bigger than your deposit. Brokers always tell, that...
I think u just trading in demo account, so not more emotions coming in demo. When you will trade on real, you will get the real meaning of emotions. Its very hard to control emotions, and if u got...
be a successful trader needs the right way trading, discipline, willingness to learn and keep learning and good psychological
learning to trade forex is not an easy tasks as it requires full dedication and constant practises. the very best person you can rely on is yourself and always believe that you can make it.
becoming a successful trader depends upon upon the practice u do in demo using the technical and fundamental analysis. if u make profit consistently and cut losses in practice then u become...
discipline in money management is key to the answer of every problem traders during this time because discipline is the key to everything
Money management and risk management are the key aspects of lasting in the forex market. If you have a good plan for both aspects you probably wont get a margin call anytime soon.
to make a consistent profit it is important that you are knowledgable, knowledge is power after all. be sure to read the ebook forex strategy trading to get forex knowledge
Some are worrying about the loses that has not happen yet.... I really have to smile on this one. Because this is the reason why some traders will not trade with a strong signal afraid to experience...
I think the most important thing for us to avoid losing in forex trading is neglecting our emotions and using stop lose is a must , or we'll see margin call several times
This is really true, this should be read by newbie traders, successful trading is much easier when you know what you are trading. You will get use to it. Master traders just look at the chart and...
experience is the best teacher, thanks to our veteran trader for the careful analysis given so far on this subject. as a matter of fact, i saved it to my hard disk for reference.
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