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trading basic
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Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi Oct 16 at 05:26
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.

Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi Oct 17 at 04:44
A successful trader is a trader who is able to predict the market with certainly, and he never trade at all with his emotions. Every successful trader obviously has a long term experience in this market and he never give up at all after unfortunately loss.

AniLorak

Member Since Apr 18, 2017  813 posts AniLorak Oct 31 at 06:56
Mohammadi posted:
A successful trader is a trader who is able to predict the market with certainly, and he never trade at all with his emotions. Every successful trader obviously has a long term experience in this market and he never give up at all after unfortunately loss.


I think consistency is the point; only successful traders are consistent here. Of course, they are not making 100% success ratio; but trading with a decent return!

jonny99

Member Since Oct 21, 2019  10 posts jonny99 Nov 12 at 10:22
I agree with you. Keeping them at bay is one of the major challenges i face as a trader.

ForexViking69

Member Since Nov 06, 2019  20 posts ForexViking69 (ForexViking69) Nov 13 at 22:59
Tons of resources out there for tech analysis. Probably a lot on this forum to get you started :)

Winning...
VirgoG

Member Since Jul 22, 2019  13 posts VirgoG Nov 25 at 03:32
AniLorak posted:
I think consistency is the point; only successful traders are consistent here. Of course, they are not making 100% success ratio; but trading with a decent return!

i agree, consistency is what beginners should focus on while starting,it is that'll help them in the long run.

downtown

Member Since Nov 08, 2019  13 posts downtown Nov 26 at 12:34
VirgoG posted:
i agree, consistency is what beginners should focus on while starting,it is that'll help them in the long run.


Not only the consistency, but also the discipline and the mentality level as well. Without those, you cannot make a good decision and letting the emotion getting in the way and as a result, there is no consistency level in trading.

Mikagul

Member Since Jul 12, 2019  3 posts Mikagul Dec 02 at 19:00
The main thing is to evaluate yourself objectively. You should know your strengths and weaknesses and only then will you be a trader who can succeed. All other things stem from this basic principle.

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