Forex Tips
Member Since Aug 05, 2021
401 posts
Sep 13, 2021 at 14:25
I think it’s easy to get the idea that trading is easy or that you can make money quickly with little effort. We can thank trading gurus and influencers for giving it that imagine. However, many beginners learn quickly that this isn’t the case and I believe that accounts for the large percentage of failed traders out there. Those that do their research and whom don’t think of it as gambling have a higher chance of becoming successful.
Member Since May 31, 2021
35 posts
Sep 16, 2021 at 08:30
While trading in forex, it would be better if you do sufficient practice on demo accounts so that the mistakes can be avoided while making live trades.
Member Since Mar 17, 2021
536 posts
Sep 16, 2021 at 18:51
LyudmilLukanov posted:A demo is the best place to learn all the basics of forex.
Start with a demo and practice until you satisfy.
Member Since Jun 09, 2021
44 posts
Sep 23, 2021 at 06:20
SteveHanks posted:Absolutely, and I would like to add one more point to it , avoid revenge trading at all costs, instead adopt sound strategies and trading plans.LyudmilLukanov posted:A demo is the best place to learn all the basics of forex.
Start with a demo and practice until you satisfy.
Sep 28, 2021 at 10:36
@marcusobrien Yes you are right. Revenge trading is a killer. We can't take trading decision out of emotions. Loss is a part of trading. If you lose a trade, wait for the right opportunity to open next trading.
Member Since Aug 10, 2021
176 posts
Sep 30, 2021 at 01:15
It's really crucial in currency exchange to use a continuous program or simply follow the protocols set up for this program to get the maximum profit. Let's assume that goes on to get the maximum profit available and all at once encourage their results.
Sep 30, 2021 at 08:49
skihav posted:Traders fail not because of lack of tips but because they can't follow them due to Indiscipline, greed and fear
There are so many different tips now that there shouldn't be any reasons for a trader to make mistakes.
Proverbs 22 vs 29
Member Since Mar 17, 2021
536 posts
Oct 03, 2021 at 05:36
skihav posted:Making mistakes in this market is a common thing. Every trader has to make their mistakes as their learning things to become successful in this market.
There are so many different tips now that there shouldn't be any reasons for a trader to make mistakes.
Nov 25, 2021 at 10:17
There are plenty of forex tups, Actually, every trader points tips by himself according to his trading style and strategy. Some strategies can imply rushing and it's okay, however i's not preferable for novices of course. Beginners should comply with several major and important tips, such as never open a position against the trend, always try to determine the price movement direction, never rush and never play with revenge trading. All of these tips in my opinion are pretty significant and can help new traders to save their money on their initial stages in trading activity.
Member Since Mar 17, 2021
536 posts
Nov 26, 2021 at 18:30
GraceGilm posted:Besides knowledge and skills, you need a regulated broker to make money from this market.
the main thing is to work according to a normal strategy and with a reliable broker, then everything will depend only on your skills and knowledge
Jul 15, 2022 at 04:02
AhmadAli89 posted:have you tried copy trading?Gracewilson1995 posted:So true, it takes such a long time to learn Forex business! There is no shortcut way in there, in addition which traders try to make quick money here without learning, end of the day they are the losers!
yes, there is no shortcut to be successful. One has to gain knowledge and practice
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