How to trade effectively in forex?
Member Since Oct 15, 2020
59 posts
Dec 07, 2020 at 07:31
GeorgeBischof posted:I even feel that trading courses are a must, can give a good perspective on every related aspect.
Trading is the forex market is not so easy. If you have proper knowledge and basic skills, you can make profit from this market. So, gather knowledge and skills as much as you can.
Member Since Jul 20, 2020
298 posts
Dec 07, 2020 at 20:03
Yes, you are right, emotion and greed are the same. It is not possible to make a profit in trading if there is emotion. Similarly, greed completes similar activities.
Member Since Feb 07, 2020
2 posts
Dec 08, 2020 at 09:55
I, too, are on a similar path like all newcomers to trading. But I've already spent a lot of time to figure out what's what. Everything is both simple and complex at the same time. I realized that I need to study a lot and if I want to earn decent money, I need to become an experienced trader.
Member Since Oct 15, 2020
59 posts
Dec 09, 2020 at 09:19
samir45566 posted:
I, too, are on a similar path like all newcomers to trading. But I've already spent a lot of time to figure out what's what. Everything is both simple and complex at the same time. I realized that I need to study a lot and if I want to earn decent money, I need to become an experienced trader.
There's no doubt that experience in trading brings its own rewards. Initial part of trading journey is mostly composed of losses.
Dec 10, 2020 at 06:11
LeviSievwright5 posted:Agreed, both emotions and greed can pull back a trader equally. Working on these is too important in forex.
Yes, you are right, emotion and greed are the same. It is not possible to make a profit in trading if there is emotion. Similarly, greed completes similar activities.
Member Since Nov 16, 2020
29 posts
Dec 10, 2020 at 10:09
Just stay determined and keep learning each day and you will get there. Work on your risk management, strategy, money management, skills and techniques for trading better.
Member Since Jul 20, 2020
232 posts
Dec 17, 2020 at 14:05
If you can take risks in the forex market, you can easily make money from this market.
Member Since Jul 20, 2020
341 posts
Dec 21, 2020 at 20:56
You need proper knowledge if you want to become successful in the forex market.
Member Since Oct 26, 2020
33 posts
Jan 18, 2021 at 09:58
If you want to be a trader, I suggest you begin with the basics and learn how the market works. Try to look at different strategies as well.
Member Since Jul 23, 2020
759 posts
Jan 04, 2022 at 07:23
Forex trading is one of the most exciting opportunities you could ever experience. The risk/reward ratio is high and the potential for making loads of money is quite possible.
Member Since Apr 09, 2019
538 posts
Jan 04, 2022 at 12:45
Perhaps look into other income streams online to help with your goals. Stop trying to avoid taking losses, they will always happen. Your risk management plan however is paramount to survive long term.
If you can't spot the liquidity then you are the liquidity.
Member Since Jun 21, 2021
33 posts
Jan 05, 2022 at 06:30
SofieAndreasen posted:Agreed, provided you work for it in terms of strategy building, risk management and emotional management.
Forex trading is one of the most exciting opportunities you could ever experience. The risk/reward ratio is high and the potential for making loads of money is quite possible.
Member Since Jul 23, 2020
869 posts
Jan 06, 2022 at 04:23
There isn’t a shortcut in forex trading, it takes a lot of time and effort to develop winning strategies in the long term.
