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Fx and survive
Jul 23, 2020 at 04:53
Member Since Aug 11, 2017
870 posts
The main issue in Forex is to keep survive continue. And for surviving in a proper way we the traders first of all have to make sure real exclusive educational facilities that are very supportive to be a knowledgeable trader rapidly. we can choose the broker which always ensures best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities.
Jul 23, 2020 at 11:39
Member Since Aug 11, 2017
870 posts
in Fx generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely, we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful
Jul 25, 2020 at 07:24
Member Since Aug 11, 2017
870 posts
we have take Fx as a Full time , because in this lockdown is a chance to learn trading in a proper way, you can start with baby pips school which is the mainly source to bring all basic knowledge and experience , besides this trade in a demo.
Member Since Jun 24, 2020
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Aug 10, 2020 at 05:47
Member Since Jul 27, 2020
99 posts
LyudmilLukanov posted:
Survive is the main aspect in forex trading. 90-95% trader fail in forex trading and quit the market. Most of the new trader blow their account in first month.
I would add that the ability to adapt and accepting the losses can be a good indicator that you are trying your best to survive in the market.
Aug 10, 2020 at 10:16
Member Since Apr 01, 2020
227 posts
Surviving in the Forex field is very difficult and most of the traders fail in their trade very begining of their trading period. If you want to be a successful trader than you need to have god knowledge, skills and money managment. If you lack one of them you can fail in Forex quickly.
Member Since Jun 22, 2020
38 posts
Aug 10, 2020 at 13:22
Member Since Jul 19, 2020
310 posts
The proverb " Survival for the fittest" is the most appropriate in forex trading. Here only the fittest traders survive. To be fittest knowledge and skills is important. Knowledge is beneficial only when you can apply it properly. Knowledge without proper application has no value.
Aug 10, 2020 at 16:29
Member Since Jul 19, 2020
749 posts
Yeah a trader's first target is to learn how to survive in the market. For that one must learn risk management and psychological aspects of trading. Even a trader with good technical knowledge lose money because of over trading, greed, revenge trade and fear. So one must achieve this psychological skills.
Member Since Jul 23, 2020
696 posts
Oct 21, 2020 at 16:04
Member Since Jul 23, 2020
696 posts
Michihito posted:
The proverb " Survival for the fittest" is the most appropriate in forex trading. Here only the fittest traders survive. To be fittest knowledge and skills is important. Knowledge is beneficial only when you can apply it properly. Knowledge without proper application has no value.
Many traders focus on how to make more money. But in reality, they end up quitting the market. Survival is the key. If you can get enough experience in the market you can be successful.
Member Since Jul 19, 2020
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