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Keeping a checklist
في
عام
Feb 03, 2021 at 11:43
True. What does your checklist comprise of? Can you share some points?
We should not think
في
عام
Feb 03, 2021 at 11:42
I know, unrealistic and illogical goals only serve as negative motivation to be honest since they are never met. Therefore, we should focus on making achievable ones.
Short term traders follow
في
عام
Feb 03, 2021 at 11:40
I Agree, since you scalp within seconds/minutes, small time frames work more.
Fxview
في
وسطاء
Feb 03, 2021 at 11:38
Completed a few months of trading with this broker, and here’s how i would rate the broker :Spreads – 4/5Commission – 4.5/5Platforms – 5/5Withdrawals – 4/5Support – 5/5Altogether, one of the finest ones I’ve used by far.
must have
في
التجار ذوي الخبرة
Feb 03, 2021 at 11:35
The best ones I have read are - 1. The Investor Intelligence2. Trading in the Zone 3. Trade your way to Financial Freedom
Getting so much confused with the terms. Please, help.
في
المتداولون الجدد
Jan 07, 2021 at 06:15
Indeed, I started with that too. very helpful.
Greed is when your expectation
في
عام
Jan 07, 2021 at 06:12
Emotions are definitely a game spoiler for any trader. Sooner or later we must learn to try to keep them controlled.
Should anyone give up?
في
عام
Jan 07, 2021 at 06:10
I agree. One shouldn't quit until they've given in their best. With forex trading, one needs to stay really positive and not lose hope even when losses occur. Its all about holding on and improving on your mistakes and over time you'll be good.
Importance of demo trading
في
المتداولون الجدد
Jan 02, 2021 at 05:27
Indeed demo is the best way to start one's journey as a forex trader. Some people don't believe too much in it, but believe me when i say no one should risk their real funds before practicing for sometime on demo account.
Risky business
في
عام
Jan 02, 2021 at 05:24
Very true, Many people start off forex trading but quit too soon, because they have unrealistic expectations from it when in reality no success comes without devotion and effort.
Part time trading
في
عام
Jan 02, 2021 at 05:23
I think whether part time or full time depends on the needs and preferences of every individual. Yet both kinds need time and effort. Even if we do it as part time,we gotta devote good time and effort to it.
Steps to Mental Success in Trading
في
المتداولون الجدد
Dec 30, 2020 at 08:08
For mental success I believe its important to work on your trading psychology. Because apart from the strategies and analysis its all about how well a trader manages his thoughts and psychology while trading. The strong the mindset the better would be the trading results.
Discipline is the most basic thing
في
عام
Dec 30, 2020 at 08:06
Well said. Consistency is the key. Following rules for a short period serves no purpose. We must try to follow rules as per our needs consistently.
Forex Amount
في
عام
Dec 30, 2020 at 08:04
I think we should start with that much amount which we can afford to lose. So its more of a subjective thing rather than defining a range or something. For example, for me starting with $100 sounds reasonable.
Learning is a nonstop procedure
في
عام
Dec 21, 2020 at 07:43
Correct. No doubt there exists this difference between demo and live account. Yet a beginner should in no way skip practicing on a demo account before going live. Its there's for a reason. Better practice first before flying.
In trading everyone should have some rules
في
عام
Dec 21, 2020 at 07:41
Well said, formulating rules aids a trader to achieve his targets with much more ease. Otherwise, its hard to achieve the results keeping in mind the effect of psychology.
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