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The only rules you need to start being a profitable trader
in
Neue Trader
Sep 17, 2022 at 09:08
Start with a demo as you learn how to trade and then when you develop a strategy that will give you an edge in the market, you can go liive
How long does it take one to be consistently profitable with forex trading
in
Neue Trader
Jul 01, 2022 at 12:06
To become consistent, one must master 3 things ; Risk management , good trading Strategy and proper trading psychology . You can be in the market for 10 years, if you are not discipline and not respecting your trading plan , you will be inconsistent so being consistent shouldnt be measured by years but rather how well you work on yourself day by day.
GBPUSD
in
Erfahrene Trader
Jul 01, 2022 at 10:15
GBPUSD is likely to keep on dropping to test its key support level near 1.2000 round psychological level, which could provide an opportunity to go long if the market provides any reversal signals such as double bottom , inverse head and shoulder, falling wedge or any reversal pattern. We will also consider candlestick patterns such as morning star , doji , bullish engulfing etc.
GBPUSD
in
Erfahrene Trader
Jul 01, 2022 at 10:15
GBPUSD is likely to keep on dropping to test its key support level near 1.2000 round psychological level, which could provide an opportunity to go long if the market provides any reversal signals such as double bottom , inverse head and shoulder, falling wedge or any reversal pattern. We will also consider candlestick patterns such as morning star , doji , bullish engulfing etc.
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