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Forex and its earning
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Mohammadi

Member Since Aug 11, 2017  758 posts Mohammadi Mar 04 2018 at 06:14
The success is depend on trading knowledge, so we the traders have to make sure the best source to acquire real trading knowledge, on the other hand, despite of good trading knowledge that’s not possible at all to achieve success without having a reliable support from a credible trading broker, because the broker can affects the result of our trading with certainly.

Imamul

Member Since Aug 09, 2017  490 posts Imamul Mar 04 2018 at 06:16
Every faction in this trading place contains always huge risk , so no way to avoid it in spite of having most powerful trading knowledge. But if we more disciplined and have a conscious about risk management of course we can be profitable from this risky volatile platform.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Mar 04 2018 at 14:47
Imamul posted:
Every faction in this trading place contains always huge risk , so no way to avoid it in spite of having most powerful trading knowledge. But if we more disciplined and have a conscious about risk management of course we can be profitable from this risky volatile platform.


Do you have any concrete advice?

RedPips

Member Since Feb 15, 2018  14 posts RedPips Mar 06 2018 at 14:40
Only risk what you are prepared to lose!

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Mar 06 2018 at 16:32
RedPips posted:
Only risk what you are prepared to lose!


True. And never risk money that aren't yours.

BlueDino20

Member Since Mar 07, 2018  13 posts BlueDino20 Mar 07 2018 at 12:05
Now that people know I do Forex trading, loads of friends want me to tradew with their money. It's nuts. It is hard telling them no everytime

Yazzitsu

Member Since Jan 12, 2017  4 posts Dr (Yazzitsu) Mar 08 2018 at 06:27
Patience. Small risk then patience and patience. I can do as little as like 1% per month and with a good R:R ratio and I am happy about it.

Imamul

Member Since Aug 09, 2017  490 posts Imamul Mar 08 2018 at 11:51
Every faction in this trading place contains always huge risk , so no way to avoid it in spite of having most powerful trading knowledge. But if we more disciplined and have a conscious about risk management of course we can be profitable from this risky volatile platform.

Mohammadi

Member Since Aug 11, 2017  758 posts Mohammadi Mar 11 2018 at 06:57
There is no certainty in business including Forex, even this is the most challenging profession where we traders can lose all of our trading capital just within a minute, that’s the importance of money management policies! By the way, I have already reduced my risk reward ratio so smartly according to my long-term trading knowledge and experience!

Gold101

Member Since Feb 26, 2018  13 posts Gold101 Mar 12 2018 at 11:59
MM is very important, especially for a newbie. Best to start on demo i think

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EURUSD 1.1629 GBPUSD 1.27426
USDJPY 105.552 USDCAD 1.33866

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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.