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BBBLack
Aug 07 2019 at 10:22
12 posts
steve_25 posted:
Forex trading can be a rocky highway to enormous losses for a new trader. What you need to do is spend real good time on research regarding various trading terms understanding all how’s and why’s . Forex trading can make your rich but its not a get rich quick scheme. Profits come to those only who put in a lot of time and effort in studying the markets,trends and price movements efficiently. It can also do exactly the opposite that is you may run into huge losses. So, what you get from trading in forex depends on your strategy, knowledge , experience and observation skills. You can start by reading out books , magazines or newspapers. Then maybe try out demo trading to get a better view of how to place trades and monitor your techniques and strategies.



Really good advice. I wish that I have that when I first started trading

Mohammadi
Aug 07 2019 at 18:25
825 posts
i think any approach can be useless if there is no real passion , we need to take Fx as a passion.

jakes90
Aug 08 2019 at 09:27
19 posts
Forex is constantly changing so you can’t have a fixed pattern of how to start with trading in forex. Just learn, strategize and know your limits!

vontogr (togr)
Aug 08 2019 at 12:17
4862 posts
jakes90 posted:
Forex is constantly changing so you can’t have a fixed pattern of how to start with trading in forex. Just learn, strategize and know your limits!


Not exactlly. Forex is always up or down :)
I have trading strategy running with the same setting since 2013. Profitable of course:)

Mohammadi
Aug 08 2019 at 17:41
825 posts
Forex trading
 is a place where we actually come to make money more
 but become loser ultimately , because of just emotions.

AmDiab
Aug 29 2019 at 16:17
709 posts
Mohammadi posted:
Forex trading
 is a place where we actually come to make money more
 but become loser ultimately , because of just emotions.


Basically; traders need to set the SL & TP based on the market demand; not based on their own emotions!

Marraby
Sep 02 2019 at 16:46
40 posts
What do you mean by investing in Forex ? Sorry, I haven't read the whole thread ? You mean something like for example... mmmm... that big initial deposit or what lately ? Please clarify all that matters really. To play good anyway you still need some money and then some.

Professional4X
Sep 03 2019 at 20:31
1189 posts
Mohammadi posted:
i think any approach can be useless if there is no real passion , we need to take Fx as a passion.


Trading with passion is trading with emotions.

Trading with emotions is a risk that typically will yield negative results.

Emotions should never be a consideration when opening a trade.




If it looks too good to be true, it's probably a scam! Let the buyer beware.
Marcus (HyperAI)
Sep 05 2019 at 09:18
16 posts
Never trade with passion. Neither investing nor trading fx market is incompatible with emotions. The only thing you can do with passion is spend a million dollars earned.

The AI is the future.
pullpotential
Sep 06 2019 at 11:36
11 posts
It is impossible to avoid emotions we are all human. you need to put structures and strategy in place so that emotion can be controlled controlled

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