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Basic mistake we make
v
Obecné
Apr 13, 2022 at 05:08
The first mistake that traders frequently do is they enhance their lot size without any reason just to gain much profit. Secondly, they don’t give time to identify the right trend as a result they make wrong entry most of the times. Thirdly they love to trade again and again which is not fair indeed.
Most people become unrealistic
v
Obecné
Apr 08, 2022 at 05:24
If you follow a wrong person in trading, so it’s quite natural that you will be mistaken. So, traders should develop themselves step by step in a legal and legit way. Forex wants discipline and traders should bear it in mind. Traders should note their lacking and work on it to recover those lacking.
Basic mistake we make
v
Obecné
Apr 08, 2022 at 05:16
Traders are accustomed to some basic mistakes and traders can’t see their success as long as they can’t get out of those mistakes. Traders should try hard and soul to get themselves out of those mistakes. These basic mistakes work as a barrier to their profit-making. So, to become consistent in profit making, a trader should focus on recovering their mistakes.
Newcomers and demo trading
v
Obecné
Apr 07, 2022 at 06:22
There is no need to describe the importance of demo trading again. You know new traders don’t have sufficient trading knowledge and demo trading is the only way a trader can develop themselves. Traders can recover their mistakes through demo trading and also generate new ideas by demo trading.
Basic mistake we make
v
Obecné
Apr 07, 2022 at 06:08
The cardinal step a trader should follow is to get rid of all the basic mistakes. Over and over mistakes work as an impediment to trading. But traders are less willing to solve this issue rather they prefer trading with high leverage in the expectation to gaining more and more.
Newcomers and demo trading
v
Obecné
Mar 30, 2022 at 10:53
New comers avoid demo trading but it is not supposed to be. New traders need experience but they avoid trading in demo account which can benefit them in many ways. Demo trading helps traders ignite their trading knowledge.
Making consistent money
v
Obecné
Mar 29, 2022 at 06:03
Making constant money on average is possible when a trader well understands the market flow and catch the right trend. If you don’t know whether it is uptrend or downtrend, how will you forecast the market flow? So, it’s essential for constant money making.
Is trading hard?
v
Obecné
Mar 29, 2022 at 05:49
Whether trading is hard or not depends on the market condition. Traders should avoid trading in critical conditions because such untoward situation can carry loss for a trader. Traders don’t understand the actual market trend that cause problem in trading.
What do you learned while trading?
v
Obecné
Mar 26, 2022 at 06:38
Forex is market where you have to keep learning till the end of your trading career. No profit without any knowledge. But we see our youngsters love to trade Forex roughly without trading knowledge. They prefer retaliation but hate strategy-based trading. They cannot differentiate good from the evil.
What do you learned while trading?
v
Obecné
Mar 23, 2022 at 07:06
Better Forex trading depends on better education and learning. There are limitless things to learn about Forex trading without which success remains untouchable. But greed is the only thing that takes away traders’ focus from acquiring knowledge.
Basic mistake we make
v
Obecné
Mar 23, 2022 at 06:52
Over trading, revenge trading, taking high leverage in trading are some common mistakes that a trader frequently make. Success remains untouchable as long as traders can’t come out of those mistakes. Strategy-based trading should be the first choice of a trader. A trader should avoid trading when the market condition is unstable.
Greed, the destruction
v
Obecné
Mar 22, 2022 at 14:37
You are absolutely right, money management is such an important parameter here; no way to ignore this rule! I see, almost all of the pro traders follow the MM rule so tightly! That’s why they don’t face such a big crash in their live trading!
To shine in forex
v
Obecné
Mar 19, 2022 at 06:18
There are millions of traders struggling to shine in Forex because Forex is such a market that can make you a millionaire overnight and the reverse also it can make. However, fiest of all, get out of your fear and conquer the best strategy of trading.
Is trading hard?
v
Obecné
Mar 19, 2022 at 06:16
When you are new at Forex trading, it should seem hard to you. But you have to recover from the fear overtime. Otherwise it will create hurdle in the way of your trading. Make your own trading strategy and keep developing it on a daily basis.
How much money can I expect to make from trading?
v
Obecné
Mar 06, 2022 at 05:55
This expectation varies from trader to trader. The earning is different according to investment amount. Another thing is that some are becoming failure to earn more even with their big capitals whereas some others are making profit with only a handful amount of capital.
Does forex strategies usually work>
v
Obecné
Mar 05, 2022 at 07:18
Not all Forex strategies work well because maximum Forex strategies are technical tool based. When market shows its back side, all the strategies fall except some. So, without solely relying in a particular strategy, one should run fundamental analysis too to check whether the signal the strategy is giving is right or wrong.
Does forex strategies usually work>
v
Obecné
Mar 04, 2022 at 08:31
If your strategies are all technical tools, I can’t assure you of that because market never follows technical trends rather it follows fundamental trend. That’s why I suggest users to run fundamental analysis. The reason is it actually helps catch the actual market trend. The technical analysis should be accompanied by the fundamental analysis.
Risky business
v
Obecné
Mar 03, 2022 at 04:15
Every business is risky so Forex is not the sole one to be risky. A business cannot be counted as a business until there is risk. But, you have to know how to minimize the risk in a proper way. Increase your knowledge and reduce dependence on EA trading. Personally, EA trading cannot be a work of a professional trader.
High Leverage
v
Obecné
Mar 02, 2022 at 10:56
Leverage is a facility that is provided by a broker but not all brokers allow traders with the facility. But, a trader should know how to use leverage to lower their risk level. Haphazard use of leverage can lead to balance crash in the end of the day. So be very careful about using leverage.
What is your Hobby ?
v
Noví obchodníci
Mar 02, 2022 at 05:50
Watching movie! Actually when I have a free time I would like to spend those sessions according to my own choice; watching new movies is my number on choice when I am free.
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