3 months is too long. Just do it for a week. Then move to micro account. It is much better for learning. Only when money is involved do you take trading seriously. That is how pros learn. They use a small account and then learn properly
There is anybody who has 0 pips trading spreads , as a scalper now I am looking for 0 pips trading spreads which is the key to success for scalping that brings profit in a short time than other trading strategies in Forex.
Imamul posted: There is anybody who has 0 pips trading spreads , as a scalper now I am looking for 0 pips trading spreads which is the key to success for scalping that brings profit in a short time than other trading strategies in Forex.
The best broker is a broker which for all time makes sure security of funds at any deposits with a wide range of trading technologies. And any best broker does not restrict any kinds of trading techniques with scalping and hedging.
My top tip would be to take it slow. Do not rush your education , demo trading or anything else. If it takes a year before you even start on demo then that is fine. This is all about the long term. Stick with it and you will get there
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
for beginners all currencies are good, just we have to experience with them by trading . We can trade all major currency in our demo account. Because we can see here the pairs performance how it works.
1. Prepare plan of trading 2. Focus and that plan, trade according to that. Keep focused on that ONE thing. Do not alter the plan or combine it with other techniques. 3. At any moment you have to KNOW what to do, keep trade open, close, do not trade... 4. If it works - voila keep it the way it is. If it does not work - update the plan or make new one and go to point #1
Following these simle steps always lead to point #4 People does not have the patience though to achieve it. Are you an exception?
generally we the traders select our trading target according to our knowledge and experience , i have seen our target fall when it not realistic, over target always make us greedy and emotional. so it is more appropriate to ensure practical trading target.
Imamul posted: generally we the traders select our trading target according to our knowledge and experience , i have seen our target fall when it not realistic, over target always make us greedy and emotional. so it is more appropriate to ensure practical trading target.
In my experience, the best practice to deal with emotions in trading is to use pending orders instead of market orders .
Placing market orders means emotions will definitely affect irrespective of how experienced a trader is and he is bound to make some mistakes by emotions. But pending orders at a fixed market price, stoploss and take profit don't have such problems of emotional trading.
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UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory.
Páka vytváří další rizika a ztráty. Než se rozhodnete obchodovat s devizami, důkladně zvažte své investiční cíle, úroveň zkušeností a toleranci vůči riziku.
Můžete přijít o část nebo všechny své počáteční investice. Neinvestujte peníze, které si nemůžete dovolit ztratit. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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