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What works?

Cenaya
Oct 06 2021 at 19:55
posts 6
The only thing that works on the forex markets is common sense which is free from emotions. I am not going to touch upon trading strategies and perceptions of the markets because different people have different opinions on forex. However, the only thing which unites all of the successful traders is common sense which is not influenced by psychological distress.

billysnyder
Oct 07 2021 at 08:25
posts 69
While trading, the mindset of a trader is very important for making a profit or reducing the loss.

skihav
Oct 07 2021 at 13:43
posts 530
That's what, but emotions don't work in trading. Rather, on the contrary, they interfere with normal work.

marindateal
Oct 08 2021 at 10:35
posts 53
@Cenaya well said , It's all about how a trader evaluates the market conditions and plays his bets.

UweMoench
Nov 06 2021 at 12:09
posts 737
@marindateal Yes that's why we can't make profit just by following others strategy. It's because everyone thinks and perceives the market differently.

LukeRachel
Nov 08 2021 at 04:52
posts 459
Psychology needs to be managed. This issue of the trader will play a very important role. How I work depends on the psychiatrist. Discipline should be maintained.

GraceGilm
Nov 09 2021 at 14:28
posts 154
LukeRachel posted:
Psychology needs to be managed. This issue of the trader will play a very important role. How I work depends on the psychiatrist. Discipline should be maintained.

about discipline and psychology, I agree one hundred percent

pipham
Nov 16 2021 at 05:45
posts 42
Every trader is unique and so is their journey in the forex market. A trader might have their own different style of doing things but still there are few things which are common and work for all no matter how you do it.
It involves practicing, capital preservation, following a trading plan, maintaining a trading journal, keeping a positive mindset, being disciplined, using risk and money management techniques.

HeavenLeighGill (HeavLeighGill26)
Nov 16 2021 at 14:59
posts 150
Very true. Certain strategies can be more complex or time consuming while others are less. Some of us may excel with one particular strategy but be horrible when using another. If there was one proven way to trade that would work for everybody, we'd all be doing the same thing.

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