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You don't need to be
Mitglied seit Mar 16, 2021
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Jun 27, 2021 at 21:34
Mitglied seit Apr 03, 2021
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Yes very difficult to always correct all the time, sometimes we get fail and lose, even more, if get successive loss manual trading can lead emotion arises, now I am trying to use forex robot in my trading on pair EURUSD in my account FXOpen STP, trying to survive account
Jun 28, 2021 at 09:58
Mitglied seit May 13, 2020
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50% is the average that you have taken as the minimum. Now imagine that there can be 15% of winning trades for a month and then 95% for a month in a row. Their average value will be 55%. This is exactly what happens
The success is mine
Mitglied seit Mar 16, 2021
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Jun 28, 2021 at 10:33
Mitglied seit Mar 16, 2021
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Master_Z posted:Good calculation. I do a lot of calculations when I make a consistent profit.
50% is the average that you have taken as the minimum. Now imagine that there can be 15% of winning trades for a month and then 95% for a month in a row. Their average value will be 55%. This is exactly what happens
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Jul 06, 2021 at 13:52
Mitglied seit Mar 28, 2021
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@LukeRachel Yes it's the managing the risk that makes a difference between good trader and bad trader. Bad traders are over confident and don't follow any risk management policy. Good traders are the opposite.
Jul 06, 2021 at 14:27
Mitglied seit Jul 19, 2020
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Akasuki posted:The right thinking. There are many conditions to be a successful trader.
@LukeRachel Yes it's the managing the risk that makes a difference between good trader and bad trader. Bad traders are over confident and don't follow any risk management policy. Good traders are the opposite.
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Jul 14, 2021 at 16:56
Mitglied seit Mar 16, 2021
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AliaDare posted:Thank you, I hope you will help in the future with better information.Akasuki posted:The right thinking. There are many conditions to be a successful trader.
@LukeRachel Yes it's the managing the risk that makes a difference between good trader and bad trader. Bad traders are over confident and don't follow any risk management policy. Good traders are the opposite.
Jul 23, 2021 at 07:21
Mitglied seit Dec 05, 2019
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You don't need to be genius to make money on forex. There are two groups of forex stereotypes: 1. It's a scam (the most popular), 2. A trader should be super smart in order to make at least some money. Surely, a trader should possess some knowledge and skills but they are much easier to acquire than the knowledge about nuclear physics and Higgs boson. The key thing in trading, from my perspective, is discipline. Even if you don't really understand some economic concepts, but you have a good trading strategy that you can follow, you still have good chances to make decent profits.

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