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To shine in forex
May 10, 2021 at 10:32
Miembro desde Aug 11, 2017
posts 886
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to Babypips School which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
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May 31, 2021 at 06:43
Miembro desde May 31, 2021
posts 13
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Miembro desde May 31, 2021
posts 35
May 31, 2021 at 07:20
Miembro desde May 31, 2021
posts 35
eddieteddie posted:Agreed to your all points, these will definitely help each and every trader here.
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Miembro desde May 31, 2021
posts 48
May 31, 2021 at 16:18
Miembro desde Jul 19, 2020
posts 788
winning_trades posted:Yes, you are right. It is never possible to trade without a positive mentality. I as a trader think that a trading mindset should be created by controlling emotions with patience.
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
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