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Money Management Tips
अंदर
सामान्य
Jun 27, 2022 at 04:29
Money management is very important in trading or else you’ll lose all your capital in one single trade.
Can forex trading make you rich ?
अंदर
सामान्य
May 24, 2022 at 06:47
The answer to this question will vary from trader to trader. Not every trader understands the market correctly and is capable of making money. This is because not every trader is ready to learn and keep patience to see their strategies work.
Newcomers and demo trading
अंदर
सामान्य
May 24, 2022 at 06:46
As a newbie, it’s okay to not be well-versed with the exact situation of the market. But it’s wrong to overlook important steps like demo trading that are meant to make you familiar with the market situation. Reading books and watching videos is okay, but don’t overlook demo trading if you don’t want to end your career before you start it.
Forex Trading Psychology: Levels of FEAR
अंदर
अनुभवी ट्रेडर्स
May 23, 2022 at 09:18
Being fearful is natural, normal, and unavoidable. But you can definitely work on making yourself mentally so strong that it doesn’t keep you from making profitable decisions.
GOLDEN Rules of Profitable Trader's
अंदर
अनुभवी ट्रेडर्स
May 20, 2022 at 04:30
Only you are responsible for which way your trading career goes in. You have to set the rules for yourself and make sure that you don’t distract from them at any cost. I don’t think there are any specific rules that work equally well for all traders. So, better analyse the market and build a trading plan and stick to it.
Learning Forex Trading
अंदर
नए ट्रेडरों
May 20, 2022 at 04:28
You will have to work hard to reach where you want to. The market doesn’t give many chances to make money. You have to learn to find your chance of making a profit and build your trading plan as per that.
How much should you invest in trading
अंदर
सामान्य
May 18, 2022 at 10:06
I would suggest that one should trade with an amount that they are comfortable risking. Many brokers have very low minimum deposit requirements these days.
Forex Courses
अंदर
नए ट्रेडरों
May 03, 2022 at 06:34
It’s a waste to spend your money on forex courses. Everything is available for free on the internet. Craft a blueprint of what you would need to learn and you will find all that for free.
hi. I'm new to forex trading.
अंदर
नए ट्रेडरों
Apr 12, 2022 at 06:59
It’s really important for new traders to understand the seriousness of risking their money. They must not be in a hurry to take risks and make money. Rather calm and composed to learn and understand what it’s like to trade in the forex market so that they can make good trades.
Is a demo account really neccassary?
अंदर
नए ट्रेडरों
Apr 12, 2022 at 06:52
I would say YES. Demo accounts are quite necessary for beginners who are yet to understand the functioning of the forex market. Along with that, they fill new traders with the confidence to execute trades in the live market.
Greed is poison
अंदर
नए ट्रेडरों
Apr 12, 2022 at 06:40
It’s all about controlling your greed so that it doesn’t become a part of your trading decisions. Just know when to trade, how much to put at risk, and when to exit the market. Don’t make any decisions out of greed as they may prove harmful for your growing trading account.
Best currency pair for trading
अंदर
नए ट्रेडरों
Apr 11, 2022 at 07:41
Pick any of the major currency pairs to start with. With time, you can move to minors and exotics. The difficulty level would increase but so will be your chances of making huge profits.
Books or Videos - Which one is better for learning?
अंदर
नए ट्रेडरों
Apr 08, 2022 at 08:18
Every individual has a different approach to learning and grasping new information. Choose what works effectively for you, and you’ll learn faster. It could be either. It is your personal choice.
Trading success
अंदर
सामान्य
Apr 08, 2022 at 08:17
It takes a lot of time to master your skills as you need to stay in control of your capital, manage risk and determine profit and loss and find ways to recover. Review your trading journal and rectify past errors. Success happens in a valid time. Focus on your goal.
Patience is best tool to get success
अंदर
नए ट्रेडरों
Apr 07, 2022 at 05:30
To a great extent, patience is truly an important tool you have. It takes a big heart to see your money going away from you. It’s not easy to accept that the strategy that you spent days on while developing doesn’t work as anticipated. With patience, you get the strength to keep trading even when the market doesn’t seem to be understandable.
money manage and leverage
अंदर
नए ट्रेडरों
Apr 07, 2022 at 05:22
Your trading career depends on the choices you make. From deciding when to open a trading position to determining how much leverage you wish to use, you have to make all the important trading decisions on your own. But one thing has to be common for all the choices, it must never go beyond your risk appetite. A risk management strategy can work great here.
Whats your opinion on the most important aspects of a trading system
अंदर
अनुभवी ट्रेडर्स
Apr 07, 2022 at 05:18
It’s not worth trading if you don’t have a money management strategy. The market is so alluring that you may want to put all your money into it. But it would be done efficiently only if you have a well-built money management strategy.
Have a plan and stick to it
अंदर
नए ट्रेडरों
Apr 05, 2022 at 06:19
Trading plan provides the ability to the traders to monitor the performance and refine the approach.
Don’t Let Your Emotions Dictate Your Forex Trading
अंदर
नए ट्रेडरों
Apr 05, 2022 at 06:12
Emotions prevent traders from thinking rationally which affects the trading decisions. Traders should not trade under the influence of emotions.
Anyone Trading For A Living?
अंदर
अनुभवी ट्रेडर्स
Apr 04, 2022 at 06:12
I don’t think there would be a lot of people who are making enough with trading that they don’t have to do anything else. Trading is risky and I don’t think it can ever take the place of a regularly paying job.
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