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New Forex Trader Here

Rachel (REB_FX)
Mar 17 2019 at 10:48
40 posts
walpants posted:
dylanjessop posted:
Risk to Reward ratio is vital in trading.


definitely, get that right and you don't have to win every trade.


Always use a minimum R:R 1:2 , add a 50% win rate and it is a winning approach.

Mohammadi
Mar 19 2019 at 10:26
886 posts
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.

Mcross
Mar 19 2019 at 11:21
10 posts
REB_FX posted:
walpants posted:
dylanjessop posted:
Risk to Reward ratio is vital in trading.


definitely, get that right and you don't have to win every trade.


Always use a minimum R:R 1:2 , add a 50% win rate and it is a winning approach.


Easier said than done. If it were that easy then everyone would be doing it. As soon as you increase the R:R the win rate will go down.

ScottyCarsonMVP
Mar 20 2019 at 07:02
54 posts
Mohammadi posted:
in Forex trading we the traders who are particularly newcomers make so many mistake in our trading life due to lacking proper trading experience. Taking wrong trade without proper analysis and risk management is one of the major from all of them.


Yes this is very true

ScottyCarsonMVP
Mar 20 2019 at 07:02
54 posts
dylanjessop posted:
Risk to Reward ratio is vital in trading.


Basic fundamental!

ScottyCarsonMVP
Mar 20 2019 at 07:02
54 posts
REB_FX posted:
walpants posted:
i keep hearing about this book i think i need to get hold of it.


have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.


Yes, highly recommended!

Mohammadi
Mar 20 2019 at 17:31
886 posts
The broker can affects the result of our trading with certainly , that’s why choosing a broker should be in cool mind, please don’t choose a broker in an emotional state, we the traders should choose the broker which is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

Rachel (REB_FX)
Mar 21 2019 at 07:00
40 posts
Mcross posted:
REB_FX posted:
walpants posted:
dylanjessop posted:
Risk to Reward ratio is vital in trading.


definitely, get that right and you don't have to win every trade.


Always use a minimum R:R 1:2 , add a 50% win rate and it is a winning approach.


Easier said than done. If it were that easy then everyone would be doing it. As soon as you increase the R:R the win rate will go down.


Why would you increase your R:R ??

SK (Lamyaii)
Mar 21 2019 at 07:16
8 posts
Regarding to the risk management normally arranged by most experienced traders, how many brokers they usually use ?

Take money when market tends to provide so !
Abderrahmane1992
Mar 21 2019 at 09:36
8 posts
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker

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