Nov 11 2019 at 07:29
according to me, newcomers shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.
Nov 15 2019 at 06:53
newcomers always try to learn foor trading book, the bookish knowledge we acquire from reading a book , practically not works when trading in live. we should practice more and more.
Nov 17 2019 at 01:54
Roberto21 posted:
newcomers always try to learn foor trading book, the bookish knowledge we acquire from reading a book , practically not works when trading in live. we should practice more and more.
Focusing on Risk Management would greatly reduce the level of losses, unfortunately, most new traders only focus on unrealistic profits, and ignore risk management.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 17 2019 at 01:56
Mohammadi posted:
according to me, newcomers shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.
EXACTLY! Risk Management is the #1 priority.
It's so simple and yet greater than 90% of traders lose in the markets because they focus on the strategy and profits above all else and ignore the #1 rule. :)
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 17 2019 at 02:02
kamikazebogeyman posted:
You can also overcome them by using a Forex robot or trade copier. Getting someone else trade trade for you could be bset solution
NO.
The BEST advice is to learn proper RISK MANAGEMENT.
Risk Management is the #1 priority.
By paying for a signal or buying a robot off the net is absurd.
Think about it.
Having someone else trade your account, just means you are allowing someone else to possibly lose all your investment capital.
As for robots.... NEVER PAY FOR A ROBOT YOU SEE ADVERTISED ON THE INTERNET.
We see them everyday. '$99.95 Elilte Packages', '$500.00 Secrets to trading' and other scams.
Think about it reasonably for one moment.
If the bot works, why are they bothering to sell it? They'd be INFINITELY WEALTHY, they wouldn't sell it.
Here is the true 'elite secret' to being profitable.
'RISK MANAGEMENT'
If you PROPERLY manage your risks, you will increase your overall profits and greatly reduce your losses.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 18 2019 at 09:46
there are almost thousands broker in online retail Fx market and most of them are found to be scams. Regulated trading broker can be a great choice which for all time makes sure security of funds at any deposits with a wide range of trading technologies.
Nov 18 2019 at 12:08
Professional4X posted:kamikazebogeyman posted:
You can also overcome them by using a Forex robot or trade copier. Getting someone else trade trade for you could be bset solution
NO.
The BEST advice is to learn proper RISK MANAGEMENT.
Risk Management is the #1 priority.
By paying for a signal or buying a robot off the net is absurd.
Think about it.
Having someone else trade your account, just means you are allowing someone else to possibly lose all your investment capital.
As for robots.... NEVER PAY FOR A ROBOT YOU SEE ADVERTISED ON THE INTERNET.
We see them everyday. '$99.95 Elilte Packages', '$500.00 Secrets to trading' and other scams.
Think about it reasonably for one moment.
If the bot works, why are they bothering to sell it? They'd be INFINITELY WEALTHY, they wouldn't sell it.
Here is the true 'elite secret' to being profitable.
'RISK MANAGEMENT'
If you PROPERLY manage your risks, you will increase your overall profits and greatly reduce your losses.
I read a lot of people saying this about risk management but my worry is that even with the best risk management in the world you will not be able to make a profit if you do not have a trading strategy that works
Nov 20 2019 at 02:59
for newcomers In Forex trading lowest spreads is a big deal when choosing a broker. From all trading elements in this market place spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. Lowest trading spreads is very much supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Nov 20 2019 at 05:45
HertzTrader posted:
I read a lot of people saying this about risk management but my worry is that even with the best risk management in the world you will not be able to make a profit if you do not have a trading strategy that works
It doesn't matter which specific strategy an investor has decided to trade with, as long as the strategy presents little to no risk, and can generate a reasonable and consistent profit level. The strategy is secondary to Risk Management and effective money management.
The difference between a truly profitable investor and someone who consistently loses in the markets is effective Risk Management.
Effective risk management includes:
Profitable low risk investment strategy
Use of reasonable and realistic stoploss targets.
Use of reasonable and realistic takeprofit targets
Small lot sizes
Careful attention to the news events that could impact your currency pairs. (Fundamental analysis)
Trade without emotion
Automate where reasonable and realistic
There are other things such as technical analysis but the point is that Risk Management is the #1 priority in profitable investing.
Everything else is a secondary concern, including the profits.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 25 2019 at 07:44
It would be better , if we get real trading facilities from our brokers as like superior execution , security of funds at any kinds of investments , low transaction cost , easy withdrawal system without long time process, free demo trading , active customer services , exclusive educational facilities , lowest trading spreads , usable bonus offer and much more that are very supportive to lead a comfortable trading life with certainly.
