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What is Forex Trader Basic Framework?

Christopher332
Dec 03 2020 at 07:58
23 posts
Because there are a number of trading strategies available, you can try out different ones to suit your needs.

GeorgeBischof
Dec 04 2020 at 15:13
318 posts
Every trader should make a trading plan to minimize their risks and ensure consistent profit from this market.

Tremblay
Mar 15 at 18:34
322 posts
Fundamental analysis is not that simple. To be good at fundamental you need to know about related counties economy very well. You can't just focus a few aspect of economy. You need full knowledge. For that you need to study a lot.

DanialWales
Mar 15 at 19:44
17 posts
GeorgeBischof posted:
Every trader should make a trading plan to minimize their risks and ensure consistent profit from this market.

Trading can be easy but making profit is difficult. Very few people can make consistent profit. Making profit is easy for those who have enough knowledge, skills and experience. You have to give lot of time in learning.

Anoxiare
Mar 19 at 08:00
22 posts
Tremblay posted:
Fundamental analysis is not that simple. To be good at fundamental you need to know about related counties economy very well. You can't just focus a few aspect of economy. You need full knowledge. For that you need to study a lot.

I totally agree to this. One needs to be fully equipped with all the information regarding fundamentals. It is one of the basic and the most important things.

marnuslabushane
Mar 19 at 10:53
40 posts
For fundamental analysis, it’s important to know about all the social, economical and political factors which tends to affect the exchange rates of currencies in forex.

Anoxiare
Mar 20 at 06:01
22 posts
marnuslabushane posted:
For fundamental analysis, it’s important to know about all the social, economical and political factors which tends to affect the exchange rates of currencies in forex.

Fundamental and Technical analysis are both good before trading. But if you are very much into day trades, you will require more of the technical bit. You need bar charts man. I'd suggest Turnkey forex for MT5 and XM for 5. And take one or two fundamental factors into account as well. will help you in the long run

Tremblay
20 hours ago
322 posts
Anoxiare posted:
Tremblay posted:
Fundamental analysis is not that simple. To be good at fundamental you need to know about related counties economy very well. You can't just focus a few aspect of economy. You need full knowledge. For that you need to study a lot.

I totally agree to this. One needs to be fully equipped with all the information regarding fundamentals. It is one of the basic and the most important things.

Thanx for agreeing with me.

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