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Forex is not like gambling
v
Obecné
Nov 03, 2022 at 09:33
Forex trading will never be a gambling game for a trader who has a good amount of fundamental and technical knowledge on how to take up and execute trades profitably. Logical calculations and effective strategies will be combined with trading psychology while trading rather than luck.
Free sources of professional Forex education
v
Obecné
Nov 02, 2022 at 10:31
As a trader, you simply can't undervalue the importance of education. On the internet, there are numerous resources available to help you expand and polish your knowledge. Make the most of them.
Does emotion harm?
v
Obecné
Nov 02, 2022 at 10:31
Yes, emotions are a trader's worst enemy. It sets traders up for failure in the market and financial loss. It is always better to control your emotions and keep them away from your trading.
Demo can not make you well experienced
v
Obecné
Nov 01, 2022 at 06:47
Do not believe this nonsense. Demo trading will undoubtedly assist you in honing your skills and knowledge. By consistently practising on a demo account, you can become an expert trader.
Is there really a profitable retail traders or lairs?
v
Noví obchodníci
Oct 31, 2022 at 08:10
Forex trading is undeniably a lucrative business. However, it will necessitate extensive subject knowledge and expertise. Forex trading is profitable. You can also learn it with or without the assistance of a mentor.
What do you learned while trading?
v
Obecné
Oct 28, 2022 at 07:36
There are a lot of lessons that I've learnt from forex trading, but these are the three that have had the biggest impact on my career.1. Patience is key.In the world of forex trading, patience is absolutely key. Making hasty decisions can often lead to big losses, so it's important to take your time and wait for the right opportunity to come along.2. Putting your money in one pair is not a good idea.Diversifying your portfolio is crucial in forex trading. Putting all your Money in one currency can often lead to troublesome, so it's important to spread your risk across a number of d...
Demo Trading Advantages
v
Obecné
Oct 28, 2022 at 07:34
Demo is my personal favourite thing about forex!A demo forex trading is something that is a must. With a demo account, you can build your trading strategy and hone your trading skills without risking any real money.The advantages of demo account in forex trading:1. You can learn how to trade without risking any real money.2. You can test out different strategies and see what works best for you.3. You can practice your trading skills and develop your own style.4. You can get to know the market and how it works.5. You can test out the software and platform before you commit to a real account.
Luck or Hard Work?
v
Noví obchodníci
Oct 21, 2022 at 09:51
It depends on how you perceive the market. The more you get to know about the market and its mechanism, the more you will believe in hard work. Luck is for those who don't know the market and how it functions.
How much do you earn on forex investments? (Investors only)
v
Noví obchodníci
Oct 20, 2022 at 07:35
The income from Forex can’t be static. It depends on many factors like how much you know the market, what are current market situations, etc. 10% returns are not easy to get.
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