WaltonCharles
Member Since Mar 21, 2021
144 posts
Apr 10 2021 at 17:14
Roberto21 posted:
Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.
I completely agree with you.
magalihatch
Member Since Apr 03, 2021
8 posts
Apr 16 2021 at 05:06
I think risk management is very important for every trader and they should work according to it if they want to succeed.
instead of demo i right now i am busy with micro account which really supportive to ensure real trading experience. its my own experience
Adribaasmet
Member Since Aug 27, 2017
994 posts
Apr 17 2021 at 09:37
micro account is good but sometimes any kind of live account can make beginners emotional and greedy.
SofieAndreasen
Member Since Jul 23, 2020
759 posts
May 10 2021 at 00:38
Adribaasmet posted:
micro account is good but sometimes any kind of live account can make beginners emotional and greedy.
I also agree. After demo practice trades should use this type of account with low capital.
Adribaasmet
Member Since Aug 27, 2017
994 posts
May 10 2021 at 16:15
emotions only things that can make you loser in real life even trading life. generally we traders choose with our broker emotionally . and trade emotionally most of the time.
the most important trading tips is keep going even though so many losses happens when trading , because success in forex is a continuous process
as a beginner if we cant take losses as a regular part it will be a great problem , because loss is a thing that we the traders of course have to face because its a very common thing .
Sio Chauland
(siochauland)
Member Since May 27, 2021
8 posts
Jul 05 2021 at 11:13
Risk management is really helpful if you pay close attention to it in the beginning. Pairing it with money management is a very good strategy for every trader.
LyudmilLukanov
Member Since Jul 23, 2020
793 posts
Aug 07 2021 at 15:13
A new trader should not rush to real trading. Instead spend more time in the demo.
you can start with learning first above all from psychology of school. go through this educational site minimum for 2 times . it will bring awesome knowledge with live experience.
no one can avoid the risk ratio but honestly speaking by using most powerful analyzing risk management the percentage of risk can be reduced of course.
Honestly, I have a lot of different tips that I would like to give traders. But I hope that the majority at least read them and try to improve their performance at least minimally.
HeavenLeighGill
(HeavLeighGill26)
Member Since Aug 05, 2021
219 posts
Aug 18 2021 at 15:38
Good tips! I think you mentioned some of the most important factors for each category.
at the expense of psychology, you really need to take this aspect into account in your work, all the same, it can greatly affect the decisions you make, and as an outcome on the results of trades
Great tips. They will be helful to every newbie to avoid losing lots of money and blowing their budgets. Especially, trading journals are of great importance. I believe that it is the only way to track dow your mistakes and correct them in order to make your decision-making process more accurate and precise.
jonathandaniel
Member Since Feb 20, 2021
53 posts
Sep 02 2021 at 07:51
Learning comes with time. The more you spend time trading, the better you get at it. Give yourself some time because you need to understand the market before you expect it to work in your favor. First, gain some experience on your demo account and then, go live but with an amount that you are comfortable losing. Take steps one by one and it will go smoothly.
how to keep emotions from this trading place its a good tips from all, this bad trading habit is very dangerous from all.