forex is reliable and a good source of income . However it is going to take a lot of time and work for you to make it work that way. in the Forex market , we lose as well as gain . one of the factors to consider is your Forex broker. if you haven’t chosen a broker, then you should research the Fx broker that you are interested in before signing up under them. A bad broker might cheat you.
Aug 09 2019 at 07:19
Nobody can predict the future, the element of uncertainty always remain here. When you trade Forex, you put your money at risk in an investment strategy. But the risk can be managed with sound trading plan and one should be familiar with risk management.
the man who can make real money from here of course has most powerful analyzing trading knowledge including a reliable support from a credible trading broker.
no one has the capability to predict the real faction of this market with certainly . for that reason we the traders have to depend on our trading strategies that we select according to our trading experience , from all trading strategies scalping is most demand able that brings profit rapidly. but this cannot use in a regulated trading broker due to many restrictions. that’s why we the scalpers have to choose the broker which allows trading concept such as this.
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
only randomly trading not means casino , to bring profit from casino is also a great skill but we don't support this skill , because its not legal , trading and casino there is no different if we greedy and emotional. so, we have to controlled our bad trading habits by discipline.
Mohammadi posted:
forex is reliable and a good source of income . However it is going to take a lot of time and work for you to make it work that way. in the Forex market , we lose as well as gain . one of the factors to consider is your Forex broker. if you haven’t chosen a broker, then you should research the Fx broker that you are interested in before signing up under them. A bad broker might cheat you.
it is good to gain not only the broker to choose, trust to be at us to trade with a Autotrader or expert adviser which will may make you successful
In this market place, each the trader has a choice of the broker to be used, should the trader can choose a broker that is more appropriate to the concept of trading that will be used, if you love scalping should choose the broker that allows trading concept such as this.
risk and mistake of course will happen , no way to avoid it. but if we do same mistake again and again there is no way to come out loss project , second mistake always our own choice.
Risk management is very important, I use this tool https://www.myfxbook.com/reviews/expert-advisors/risk-reward-ratio/1756629,1
success is a temporary issue , it can make everyone but who can make it consistently we can consider him as a professional guy.
which risk amount is more appropriate for new Forex trader , it depends on how much basic knowledge he acquired including practicing, if any newcomer go thorough all basic level of trading with live experience for 6 month , i think he has the capability to reduce unfortunate losses and risk.
Mohammadi posted:
which risk amount is more appropriate for new Forex trader , it depends on how much basic knowledge he acquired including practicing, if any newcomer go thorough all basic level of trading with live experience for 6 month , i think he has the capability to reduce unfortunate losses and risk.
2:1 risk to reward
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
There is a risk in the forex market as you can lose money if the markets go against you, but also because of this thing you can make profitable trades.
Oct 28 2019 at 22:04
willtradr posted:
There is a risk in the forex market as you can lose money if the markets go against you, but also because of this thing you can make profitable trades.
This is true in all investments.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
If the market is risky it is profitable as well.
Sven98 posted:
If the market is risky it is profitable as well.
Of course, it is! That’s the real challenge; volatile market always offers opportunities!
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Nov 13 2019 at 22:57
Risk management is key to trading.
Winning...
