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What is a good business to get into?
v
Obecné
Aug 06, 2022 at 08:14
There are various businesses you can start, but you should always keep learning about the one you want to start working on. Having proper knowledge about the business is very important to make it a success.
Can forex trading make you rich ?
v
Obecné
Aug 04, 2022 at 07:30
Yes, forex trading can make you rich but you need to have proper knowledge about the trading strategies. Plus you should be consistent in your trading journey.
Is Forex risky?
v
Obecné
Aug 04, 2022 at 07:25
Although there is a risk involved because the markets could move against you and you could lose money, but with this there is also a chance for successful trades.
7 Benefits of using stoplosses
v
Obecné
Aug 03, 2022 at 06:45
Thanks for this info. Well said mate.
Why do you make money trading on demo but not in real market? [Trading Q&A]
v
Obecné
Aug 03, 2022 at 06:42
I completely agree with you on this as, demo trading is just to make you learn about the various strategies to trade in forex but going live is totally different.
Why are some traders successful?
v
Obecné
Aug 02, 2022 at 12:12
According to me consistency and learning can lead you towards the successful path in forex market
Psychology
v
Obecné
Aug 02, 2022 at 12:09
A trader needs to know how to deal with trading psychology in order to understand it. I think traders should spend a good amount of time improving their mental skills and participating in psychoanalysis while learning how to trade.
High Leverage
v
Obecné
Aug 01, 2022 at 07:02
No wonder high leverage is appealing to many traders as it offers high returns. But one needs to keep in mind that high leverage also means high loss. So it is very important that while choosing high leverage, proper risk management should be taken into consideration.
What do you learned while trading?
v
Obecné
Aug 01, 2022 at 06:54
While trading in forex, I think the most that I have learnt is to be patient in difficult situations and have developed a never giving up attitude.
Demo can not make you well experienced
v
Obecné
Jul 29, 2022 at 04:49
If you're a newbie, the demo account is a good place to start with. When I first started using it, I gained a lot of knowledge and experience. Of course, there is a difference between a demo and a live account. But it helped me a lot in learning trading skills and making me familiar with forex market.
To shine in forex
v
Obecné
Jul 29, 2022 at 04:40
Having thorough knowledge in trading and sticking to a strategy is very important in forex. Plus learning should never stop if you want to shine in forex market.
Trading for the long-term
v
Obecné
Jul 29, 2022 at 04:34
I would advise having solid and thorough knowledge of forex trading if you want to succeed as a long-term trader in the market. You should also improve your trading techniques as they are one of the most crucial factors in succeeding in the forex market. So start learning more about trading in order to have good experience.
What is the importance of knowledge?
v
Obecné
Jul 28, 2022 at 07:26
Knowledge and constant learning are major aspects for success in forex market. Learning should never stop , no matter how much experienced you are!
Money Management Tips
v
Obecné
Jul 28, 2022 at 07:20
There are a number of things you can do to improve your money management when trading. One is to put in a stop loss and another one is to work harder to find trades with a good risk/reward ratio and avoid any high-risk trades.
Mind or Machine? What’s Better For Forex Trading?
v
Obecné
Jul 28, 2022 at 07:19
Nothing can stop you from being a successful trader if you can use them in combination. Use your trading bot to balance your emotions and your market instinct to avoid trading when it is not necessary.
Small investment
v
Obecné
Jul 27, 2022 at 04:36
It is preferable to start trading with small funds if you are a newbie because the risk is lower and you may still make profit with a small amount if you have a proper understanding of the market.
What do you learned while trading?
v
Obecné
Jul 27, 2022 at 04:32
I completely agree with you on this, what I believe is that with efforts, consistency is also important while trading in forex for longer survival in the market.
Is trading hard?
v
Obecné
Jul 27, 2022 at 04:28
I won't claim that trading in forex is simple. You can survive in the market for a longer amount of time by regular practice and consistency. Trading won't be as difficult for you as you gain experience, but learning should never stop in forex to survive for a long time.
The fear of losing opportunity
v
Obecné
Jul 27, 2022 at 04:24
One should always understand the basics before starting to trade in the forex market, then practice on a demo account. Due to the volatility of the forex market, newbies won't be able to understand how it operates and will end up losing everything. So having proper forex knowledge is a must.
There is no short cut
v
Obecné
Jul 26, 2022 at 08:27
It takes time and a lot of hard work to succeed in trading. Expecting to succeed in forex trading overnight is impossible. You must make the time to learn your strategies in depth and practice frequently.
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