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FX Trading Tips
Mitglied seit Feb 20, 2021
51 Posts
Sep 02, 2021 at 07:51
Learning comes with time. The more you spend time trading, the better you get at it. Give yourself some time because you need to understand the market before you expect it to work in your favor. First, gain some experience on your demo account and then, go live but with an amount that you are comfortable losing. Take steps one by one and it will go smoothly.
Sep 03, 2021 at 06:30
Imamul posted:
how to keep emotions from this trading place its a good tips from all, this bad trading habit is very dangerous from all.
It needs time, patience and experience for a trader to finally learn how to keep his emotions away from trading. It’s very common to drift by negative emotions after a loss. I generally prefer to take a break if I feel that it's getting hard for me to control my emotions.
Mitglied seit Mar 17, 2021
494 Posts
Sep 03, 2021 at 08:11
Semrica posted:Imamul posted:
how to keep emotions from this trading place its a good tips from all, this bad trading habit is very dangerous from all.
It needs time, patience and experience for a trader to finally learn how to keep his emotions away from trading. It’s very common to drift by negative emotions after a loss. I generally prefer to take a break if I feel that it's getting hard for me to control my emotions.
Yes. Patience and experience are the most important thing you need to have to survive in this market.
Mitglied seit Jul 20, 2020
385 Posts
Sep 07, 2021 at 06:49
I would say its the most important with risk management. If you have both you are a lot of the way there imo
Mitglied seit Mar 17, 2021
494 Posts
Nov 13, 2021 at 17:41
Unellene posted:
here you also need to understand that everyone has their own most important aspect in work, and it's good that many share their opinions
Yes. you are right.
Dec 09, 2021 at 04:15
Basically, it’s an open platform, so anyone can start Forex trading according to their personal choice! But I think, new traders should start their trading as a part time trader! EUR/USD is the best trading pair for them and scalping is the best trading style for newbies!
Mitglied seit Aug 17, 2021
87 Posts
Dec 11, 2021 at 18:36
Thank you so much for providing this data. For the past year or so, I've been reading and learning about forex. This has helped me think more clearly about my trading abilities and what I need to improve.
Mitglied seit Nov 23, 2021
34 Posts
Dec 16, 2021 at 13:11
It’s okay to be emotional. You won’t understand the importance of not letting your emotions be a part of your decision-making until you don’t actually trade. So, gain experience with small amounts and increase your risk appetite eventually.
Mitglied seit Jun 26, 2020
323 Posts
Dec 17, 2021 at 04:54
actually all trading tips is really important , according to me trading tips can be useless if there is no regular level of practice. so we the traders should focus on there besides this.
forex_trader_2983986
Mitglied seit Aug 04, 2022
34 Posts
Aug 21, 2022 at 06:45
jisanjipu posted:
skill is important no way to avoid it but besides this need a regular level of practice. so we the traders should focus on practice session first of all.
Exactly. Even on Lives I also tweak my strategy daily, this allows for consistency, a lot of hard works but worth it to keep profits coming daily from the ever changing market. I spend almost 16 hours daily on trading hours on screens, one hour reserved for break and other things.
forex_trader_2983986
Mitglied seit Aug 04, 2022
34 Posts
Aug 21, 2022 at 10:22
Akasuki posted:
Success never comes so easily rather it comes through several ups and dfowns. You should try to cope up with the market condition so that you never get slipped out of trading.
Exactly. I don't give out profits i made Back to the Market each day. For each dollar i make, I will only risk few percentage of the profits in Next trade to gain more.
Mitglied seit Aug 17, 2022
38 Posts
Aug 31, 2022 at 06:42
Start with a demo account, use stop loss, determine lot position size carefully, trade wisely keeping aside greed and focus on growth instead of focusing on quickness of earning, focus on consistency of earnings.
