Malokelv posted:That’s right, everything is unpredictable.
Nothing is guaranteed in our life so anything like that as well anyway. For whatever reason being done there totally and completely. In such way you should treat your forex as well, and no some other thing. Only like that and you will get some results soon.
SofieAndreasen
Miembro desde Jul 23, 2020
posts 759
Aug 19 2020 at 17:14
Forex trading is especially fast-paced and risky, so it is especially important to have a solid basic knowledge before trading with the money you earn. Understanding risk and FX risk management strategies, including Stop Loss, are also essential to long-term FX success.
There are many types of strategies in trading. Sentimental Analysis is the best analysis in the trading world. The way in which the market moves in 4 ways is what I usually call context. Those 4 ways of context are impulsive/corrective and volatile and non-volatile. If this context and support/resistance level can be combined, then a lot of money can be made from the Forex market.
Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
Adribaasmet
Miembro desde Aug 27, 2017
posts 994
Aug 20 2020 at 06:45
trading Forex with no knowledge i think the biggest mistake ever that beginners level always do. this mistake even i have passed when was a newcomer.
I have learned that do not share your opinion about market with others if you are a day trader.It makes you biased about about that day. If I stay away from others I do good in trading. I need to be influenced free to keep my mind relaxed.
CirillaCosta
Miembro desde Jul 19, 2020
posts 34
Aug 20 2020 at 17:34
You can learn the forex from many sources. But I prefer the Demo account most. Because I think the demo account is the most effective way to learn forex perfectly and properly.
Tradelist45
Miembro desde Jun 26, 2020
posts 301
Aug 22 2020 at 04:30
my best lesion always try to learn from own mistake ,
actually there is no best teacher without self , its my own experience.
actually there is no best teacher without self , its my own experience.
Adribaasmet
Miembro desde Aug 27, 2017
posts 994
Aug 22 2020 at 11:23
emotions only things that can make you loser in real life even trading life. generally we traders choose with our broker emotionally . and trade emotionally most of the time.
David Thompson
(FxDThompson)
Miembro desde Nov 04, 2019
posts 11
Aug 24 2020 at 10:25
Great. You have all made valid points.
One of the things i've also discovered is that it helps to have a support system. While it is key to do you own research, developing systems and strategies that work for you (also based on learning from mistakes). Having a mentor, someone who has been through the trenches and is willing to help you learn from their experience, avoiding some traps and mistakes you haven't encountered yet.
One of the things i've also discovered is that it helps to have a support system. While it is key to do you own research, developing systems and strategies that work for you (also based on learning from mistakes). Having a mentor, someone who has been through the trenches and is willing to help you learn from their experience, avoiding some traps and mistakes you haven't encountered yet.
"Let tomorrow envy that you did it today"
SofieAndreasen
Miembro desde Jul 23, 2020
posts 759
Sep 04 2020 at 17:59
Flong posted:Nice advises. Clear the mind. Don't stress or take out any kind of negative emotion which is affecting your trading decision.
Yes, you need to work here as if this is your last chance and you can earn the whole secret only today, only confidence and determination turns an ordinary trader with mediocre success into a real professional who always achieves his goals and runs his business in the market.
Adam Cantor
(AdamCantor)
Miembro desde Mar 18, 2019
posts 98
Sep 06 2020 at 09:38
FxDThompson posted:
What tough lesson/s have you learnt recently that is helping to improve your results?
Contrary to a quite popular belief, I have learnt that Fundamentals can bear great significance to your trading results.😄
Share your lesson and how it has helped you to reap better results!
youtube was my best teacher lol
traderroni
Miembro desde Oct 05, 2019
posts 37
Sep 07 2020 at 06:25
SofieAndreasen posted:Flong posted:Nice advises. Clear the mind. Don't stress or take out any kind of negative emotion which is affecting your trading decision.
Yes, you need to work here as if this is your last chance and you can earn the whole secret only today, only confidence and determination turns an ordinary trader with mediocre success into a real professional who always achieves his goals and runs his business in the market.
Well said! The best results cam be achieved if emotions can be set aside!
Tradelist45
Miembro desde Jun 26, 2020
posts 301
Sep 08 2020 at 06:42
i always try to develop my trading lesion by means of regular practice , actually in Forex trading there is no way to stop learning at all even after passing a long time. its a reality
Roberto21 posted:Yes our mistakes can be our great lesson if we are willing to learn from it. Every mistake is a good lesson. That's why we need keep track our mistake and analyze them to learn from it.
we can learn trading principle from various sources but the best way according to me by own trading mistake. our mistake can be our great Mentor , we should leave the habit doing same mistake again and again. if cant , no way to come out fro losses at all.
If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.
inspirenez
Miembro desde Jun 15, 2020
posts 59
Oct 09 2020 at 09:25
Be sure of your trading strategy before you start live trading. Demos are critical, and act as the best lessons you can have.
GeorgeBischof
Miembro desde Jul 19, 2020
posts 318
Oct 09 2020 at 10:23
If you are new in this market, you need to know all the basics of forex before investing your money. You can learn forex from a demo account. It will help you to know all the basics of forex perfectly.
Gracewilson1995
Miembro desde Jan 11, 2019
posts 147
Oct 09 2020 at 10:56
FxDThompson posted:
What tough lesson/s have you learnt recently that is helping to improve your results?
Contrary to a quite popular belief, I have learnt that Fundamentals can bear great significance to your trading results.😄
Share your lesson and how it has helped you to reap better results!
Don't be greedy. Keep calm and go slow. Forex is unpredictable