Develop an understanding before you expect to develop your account. The ever-moving market is full of challenges that can barren your trading account if not taken care of properly. You will be able to make profitable moves with the market knowledge you obtain over time.
Sep 09 2022 at 07:41
Trading should not be seen as an easy way of making money when there have already been a lot of stories about the losses in the market. Your ultimate goal is obviously making money but you won’t be able to do that from the very beginning. So, keep patience and keep polishing your skills.
Trading is not an easy task. You need to study and understand the market daily, due to the fluctuation. For trading, you need experience and that comes with time and practice. So, the more often you practice the more you are able to understand the market well.
It takes a lot of skill and knowledge to be successful in this business. There are a lot of risks involved in forex trading, and it is very important to have a good understanding of the market before you start trading.
Oct 22 2022 at 07:50
i think there is no business we have in online which is risk free completely , you must have complete take a risk to take any kind of business.
Oct 22 2022 at 10:47
There are different forms of trading and I prefer scalping the most. Personally, I prefer scalping the most and the broker ensures all scalping-genial trading facilities.
Oct 26 2022 at 06:41
Due to the high volatility, forex trading is tough. It will be better if you educate yourself before trading with real money in the market. Avoid approaching the market with the intention of only gaining money. First and foremost, concentrate on your performance and fully comprehend everything. To become a successful trader, slowly expand your account and stick to your trading strategy.
I don't find forex to be a tough business. For me, it is interesting and exciting
Actually, the problem is- most of the new comers start their trading career with a wrong trading mindset!
You can understand everything in Forex once you put your mind and skills into it with the right approach and psychology. Only the areas where we do not put our efforts seem difficult, rest everything is achievable with predefined goals and correct strategy. One should learn tools and techniques in forex in order to predict the market price movement and perform according to it for positioning trades.
Trading is difficult! But on can stay ahead of the competition by acquiring knowledge and making improvements, and continually come up with creative strategies for profiting from the forex.
Although it is quite engaging, forex trading is actually fairly challenging. Trading currencies are extremely unstable, as the forex market is the biggest and most liquid market in the world.
Most traders do not focus enough on risk management, trading psychology, and knowledge. Many traders, due to their attitude, feel that trading is quite tough, but if they maintain the right attitude and persist despite the odds against them, they will succeed.
Nov 03 2022 at 11:02
practice is important and for that demo is a good choice , but i don't like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.
Since the forex market is dynamic and constantly changing, a trader must learn to keep up with these changes and be able to respond to any unexpected circumstances.
Nov 04 2022 at 13:51
Leverage is a loan offered by brokers. Traders should not take high trading lot in their trading because it drives their traders away from Forex.
Because of its highly volatile nature, forex trading is a difficult business. This is unpredictable, and it is this uncertainty that makes forex trading so difficult. Without sufficient knowledge, it is nearly impossible to win in the market and have a successful trading career.
If you want to make it big and for a long time, you need to keep trying when you lose. You cannot give up easily. Forex trading is not for the faint hearted. You need to have a good grasp on analysing the market effectively. While it may be tough, it is also not impossible to make profit. If you follow a plan and maintain focus, you will win.
Nov 28 2022 at 14:32
Zemirah posted:
If you want to make it big and for a long time, you need to keep trying when you lose. You cannot give up easily. Forex trading is not for the faint hearted. You need to have a good grasp on analysing the market effectively. While it may be tough, it is also not impossible to make profit. If you follow a plan and maintain focus, you will win.
I wish that were true. I have a plan and maintain focus but my own trades always lose :(
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