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AniLorak

Member Since Apr 18, 2017  885 posts AniLorak Dec 16 2018 at 11:20
Paquito posted:
And that is what you like about Forex? That are all the things that I hate about Forex!!! Each to their own I suppose


My point is: when you have a good trading skill, then nothing is unplayable actually.

Imamul

Member Since Aug 09, 2017  520 posts Imamul Dec 16 2018 at 11:26
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.

Adribaasmet

Member Since Aug 27, 2017  861 posts Adribaasmet Mar 28 2019 at 12:53
Imamul posted:
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.


No doubt leverage is a good feature but traders need to use this feature smartly! Nice to see, you are conscious of leverage; and I am hope you are calculating risk reward ratio so carefully.

Imamul

Member Since Aug 09, 2017  520 posts Imamul Apr 07 2019 at 10:25
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.

AmDiab

Member Since Apr 18, 2017  674 posts AmDiab Apr 30 2019 at 11:20
Imamul posted:
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.

Without learning; the path is too much sticky! Even, there is no way! Only good skilled Forex traders able to make regular money here.

Imamul

Member Since Aug 09, 2017  520 posts Imamul May 07 2019 at 08:24
We loss for many reasons , one of the most common reason is immature trading plan or target , this approach always make us emotional and greedy , as a result we trade here at random and become loser . we it is more appropriate to make trading plan according to practical situations.

Mohammadi

Member Since Aug 11, 2017  788 posts Mohammadi May 14 2019 at 10:57
As a newcomer I fall a great loss , sometimes has lost almost whole balance especially when tried to recover instant loss by revenge over trading.

AmDiab

Member Since Apr 18, 2017  674 posts AmDiab May 15 2019 at 10:23
Mohammadi posted:
As a newcomer I fall a great loss , sometimes has lost almost whole balance especially when tried to recover instant loss by revenge over trading.


I got your point; in this case; you need to take care of money management rules so honestly!

Imamul

Member Since Aug 09, 2017  520 posts Imamul Jan 15 at 17:05
only we can learn when making a loss ,
and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.

Jonny87

Member Since Aug 07, 2017  34 posts Jonny87 Jan 18 at 08:08
Loss is a common issue in forex market. There is no trader who can trade without any loss. We can not remove risks but we can minimize the loss by studying more and more about forex market. We can also select a good broker to get the guideline of minimizing the losses. I always trade with Tpglobalfx, a regulated broker. They help me to minimize the loss and help to make profit. They are like a complete guideline for me in this risky market.

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EURUSD 1.19173 GBPUSD 1.3387
USDJPY 104.405 USDCAD 1.29967

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.