The person who has proper knowledge and skills of trading would be gainer. You need good psychology, good money management system and good trading strategy. For all these you need to study a lot. You have to study both different resources and the market itself.
Forex is the most popular online earning business in he world. many people earn a lot of money from this risky market. But to make money from this market, you need to have proper knowledge and experience.
Greed is the cause of destruction. It leads to over trading and unnecessary trading. Profit target should be logical and also should match with skills. If I have ability to get 50 pips, my expectations should not more than that.
Good psychology is a very indicator of understanding and calming your mind before trading. But that is not it, you will need to have a very good management when it comes to risk and money so that you can minimize the losses and maximizing the profit. Also, a good strategy can sometimes fails due to volatility of the markets, but if you have been able to put in good use of money management, then it should be fine.
reggae posted: Good psychology is a very indicator of understanding and calming your mind before trading. But that is not it, you will need to have a very good management when it comes to risk and money so that you can minimize the losses and maximizing the profit. Also, a good strategy can sometimes fails due to volatility of the markets, but if you have been able to put in good use of money management, then it should be fine.
To be a gainer here, one must be a great learner and be able to apply his/her knowledge is doing the best in the market. The market conditions change for all, volatility affects all, but who win are the ones who are able to manage the market conditions well, as per their plans, skills and knowledge.
Yes attaining knowledge and getting proficiency isn't simple. Actually it requires a very long time to get skills and many individuals aren't eager to provide time for gaining knowledge. Unfortunately they could squander time to get nothing.
Adribaasmet posted: According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.
Yes, you are right. Price Action Best Trading Idea. This strategy has a high percentage of profit.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.