Good money management can give you a good result. Money management is more important for Forex because you have to sustain your account through good money management. Here, you should take low risk.
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Good money management can give you a good result. Money management is more important for Forex because you have to sustain your account through good money management. Here, you should take low risk.
You are some what right here in the Forex. But I think in the forex market, you should have much confidence and patience.
Be confident and get profit.
Scalping means short time trading in the Forex. Scalping is well in the part time Forex trader.
I am a part time Forex trader and I use it mostly to gain profit at a time.
I support your opinion...You posted the main reason of eating a goal in the Forex.
I also added some reasons:
1. Low confidence
2. Emotional
3. Low knowledge
As you are a real and new trader, you should use only one or two pair such as EURO/USD, USD/GBP.
I use only two pair and more profit per month.
Hmmm...it is a simple task in the Forex to earn $50 in a day. You remind that many trader earn $100-$1000 per month. So in this case its simple.
But you have strong confidence about this.
I realize you are a beginner in the Forex trading. You have to obtain more knowledge about Forex if you trade and earn more.
3 things must needed to earn more:
1. Proper money management
2....
You are a new Forex trader and you have no enough knowledge about Forex trading. For while, you learn Forex first with the help of ******** and start demo trading downloading platform from insta...
When You direct your trade, you should think the strategy of your own. You should take advice only from expert in the trading. But you should not take decision what he says. You should observe what...
SMA is effective indicator to gain profit in the Forex. I use in my trading time to gain profit. You also share strategy that really helps me.
Best regards.
Forex market is a world wide market. Here, profit is more and at a time risk is also more.
I also trade in the Forex market and I also take risk more and many time eat loss.
yap.. right your opinion. As a news trader, he can follow MA, MACD and RSI in his trading plan here.
As a result, he can gain experience.
Your post is very important for new trader that who trade only following news. I follow Forex factory economic news for forex trading.
Also follow bloom berg for scalping.
I trade for a four months long. I use leverage 1:10 here. I believe high leverage ruin my balance in the trading. So I think that high leverage is no well for all trader.
I use stop loss in my daily trade and gain profit per day.
To sustain account you should use stop loss in daily trade.
I am a part time forex trader..I often do scalping. For scalping, I follow daily news from forex factory and use bollinger bands indicator.
I started my Forex journey from march 2012. During that time I can not earn so much. But last month I earn $200 and it is the highest earning...
There is no institution in the world who gives you a complete course to learn trading.
Therefore some online expert who gives clear idea in forex and help new trader.
You can follow ******** for...
Its a good idea that "simple trade means simple profit".
I really like it because I have not needed more money now. I learn forex first.
Scalping means to open trade for a small time and get profit from short timing trade here.
Scalping is good for that trader who works as a part time trader in Forex.
Select good scalping.
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