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Successful trading
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Imamul

Miembro desde Aug 09, 2017  522 mensajes Imamul Mar 01 2019 at 13:34
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.

Teejy88

Miembro desde Jun 10, 2017  35 mensajes Teejy88 Mar 03 2019 at 07:14
The main way to be profitable is proper risk management. No other way around it.

MotoGP

Miembro desde Mar 04, 2019  10 mensajes MotoGP Mar 04 2019 at 15:22
Teejy88 posted:
The main way to be profitable is proper risk management. No other way around it.


MM will mean that you should not have huge fast losses but not amount of MM will make you have profit. For profit you need an edge in the market , a special strategy or insight that will create a positive expectancy. MM just tell you how much to trade but not good if use junk strategy

Mohammadi

Miembro desde Aug 11, 2017  791 mensajes Mohammadi Apr 12 2019 at 09:57
Teejy88 posted:
The main way to be profitable is proper risk management. No other way around it.


what you think there is any different between money and risk management ?

Teejy88

Miembro desde Jun 10, 2017  35 mensajes Teejy88 Apr 14 2019 at 05:38
Mohammadi posted:
Teejy88 posted:
The main way to be profitable is proper risk management. No other way around it.


what you think there is any different between money and risk management ?


Of course there is

Alpscalp

Miembro desde Sep 20, 2012  113 mensajes Pacific Scalp (Alpscalp) Jun 11 2019 at 07:18
Money Management is a part of risk management

Professional4X

Miembro desde Jan 05, 2016  1189 mensajes Professional4X Jun 11 2019 at 07:48 (editado a las Jun 11 2019 at 07:50 )
Select a broker that has strong regulations and a guarantee of asset protection.
Use strong money management to protect your investment capital.
It is better to have small profits over time, than to have massive losses at any time.
Trade smaller lot and unit sizes, you can always step additional tickets into your trade basket as the previous ones become profitable.

Lock in your profits using a break even SL.

Use REASONABLE stop loss levels.

Use REASONABLE take profit targets.

Do not allow your emotions to guide your trading.

Do not trade when sick, tired, intoxicated, or other wise not up to 100% performance.

Avoid taking deposit bonuses, there are generally stipulations to the acceptance of the bonus which could negatively impact your account.

These are just a few suggestions from my own rules.
Just my opinion of course.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Enyinnaya

Miembro desde Jun 11, 2019  9 mensajes Enyinnaya Jun 11 2019 at 10:57
Understanding risk management and how to calculate proper Lot size is very important as well. That has saved me from some big losses

fxsc1lper

Miembro desde Nov 17, 2012  348 mensajes Fx Scalper (fxsc1lper) Jun 14 2019 at 06:15
i believe on profitable strategy ..

if ur strategy hit 8 TP among 10 trades , then u dont need money managemment or risk M.. or any other thing . u must should know what to do

skype id millennium.analyst
Professional4X

Miembro desde Jan 05, 2016  1189 mensajes Professional4X Jun 14 2019 at 07:21
fxsc1lper posted:
i believe on profitable strategy ..

if ur strategy hit 8 TP among 10 trades , then u dont need money managemment or risk M.. or any other thing . u must should know what to do


Anyone who advises people to ignore money management or risk management, clearly should be promptly ignored because they no real understanding of the markets.


No SL? Oh sure that's a really smart idea....

Enjoy those 3000 PIP flash spikes...

We've had more than one massive flash spikes in price movements in recent times.

And booom. Account blown...

If it looks too good to be true, it's probably a scam! Let the buyer beware.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.