Dec 19 2019 at 20:11
If you are going to use high leverage focus on small moves otherwise you can get whipped
Small Leverage for big moves won't kill your account in a portfolio to balance it out over time.
Always be aware FX can test new lows.
Small Leverage for big moves won't kill your account in a portfolio to balance it out over time.
Always be aware FX can test new lows.
Strength and honor.
It can test new lows but the price will always average our at the mean value (by definition)
Dec 20 2019 at 12:58
Yes this is mostly true unless we have some new event which sets a new range, fx pairs have an upper and lower limit for the month mostly so banks can set rates.
Strength and honor.
Dec 20 2019 at 14:09
Roberto21 posted:
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
yes mastering the art of utilizing trading psychology int trading is not an easy task but absolutely vital nonetheless else losses will occur very easily. speaking from experience here.
for beginners success is a temporary issue , it can make everyone but who can make it consistently we can consider him as a professional guy.
Dec 29 2019 at 13:26
Imamul posted:
for beginners success is a temporary issue , it can make everyone but who can make it consistently we can consider him as a professional guy.
It’s a natural issue & new traders need to focus on their learning process instead of money making! Otherwise, the result would be so costly!
I think that beginners greed is inevitable and many beginners perceive trading as a way to become a millionaire in just a few months. Of course that's no so and beginners should just overcome if they want keep on trading and by successful.
Mikagul posted:
I think that beginners greed is inevitable and many beginners perceive trading as a way to become a millionaire in just a few months. Of course that's no so and beginners should just overcome if they want keep on trading and by successful.
Really, unrealistic target is one of the most common issues here. Newbie’s mainly focus on earning instead of learning.
To trade in forex knowledge is very important. Without the knowledge of forex a trader can lost all his investment. A trader can gather knowledge about forex from anywhere. To get proper knowledge about forex a trader can take help of demo account. A trader can trade like live account in a demo account without any risk.So, demo account can be an important source of knowledge about forex.
Most of the time beginners get greedy when they initially start getting profits in their trades. Daily profit earning makes a beginner to invest more which leads to more risk. Rather than investing a high amount of funds, a beginner must learn more about trading and how to make trading more profitable.
