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There is no short cut
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Dec 15, 2022 at 06:10
make a valid point. Not everyone can be extremely sure despite their experience. It is always better to seek advice from an expert or mentor. At the end of it, you know your plan best.
Can forex trading make you rich ?
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Dec 15, 2022 at 06:05
Beginner traders should give themselves some more time to learn and get familiar with the nature of the market. Smart traders are made, not born.
Consistency is the brick
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Dec 15, 2022 at 05:58
It is true that consistency should be the key goal. It is very important for traders to stay alert and watch market movement in order to make the right choices to earn the success they desire.
What are the popular Techniques for Forex trading?
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Jun 29, 2022 at 03:58
I prefer day trading as it suits me the best among other techniques. However different traders have interests & personality and they choose their technique according to that.
Most people fail because
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Jun 29, 2022 at 03:56
Most of the traders fail in the forex market because they lack adequate knowledge. Often traders start trading without learning anything and then suffer losses. Traders also skip trading in a demo account and trade in a live account, which is disadvantageous for them. Also, most of the traders get emotional and ruin their trading career.
0 spread low commission broker.
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經驗豐富的交易員
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Jun 27, 2022 at 09:44
Zero spreads are not possible at all times, there are certain market conditions when spreads reach 0. I’m fine with the spreads offered by aaafx and avatrade. Commission is also on the lower side.
To shine in forex
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Jun 27, 2022 at 04:02
To shine in the forex trading market you need to learn as much as you can. You’ll have to be confident in your strategies and also you need to mentally prepare yourself for the losses. As you know forex trading doesn’t reward you with profits overnight, you’ll have to be patient and focused to the core. You must know there is no place for emotions here and greed will ruin your entire trading career. So you must gain knowledge, experience, and be patient to be a successful forex trader.
How to start forex trading? Read These Best Tips!
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Jun 10, 2022 at 06:27
Demo trading is the best way to learn how to trade forex. Since the first investment is constantly at risk, it should be very little. It'll be harder to discover a forex trader who made a profit on his first investment.
Newcomers and demo trading
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Apr 21, 2022 at 07:36
Every trader who is new to Forex can benefit from demo trading. He can gain more experience by practising demo trading, and will be able to make a good profit in the live market later on.
How does experience come?
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經驗豐富的交易員
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Apr 19, 2022 at 10:07
As long as you put in effort and hard work, the path to achieving success doesn’t seem that far fetched, don’t you think? Time does play a huge role when it comes to gaining experience, but I believe that while time can be a teacher, it is upon you, if you really want to learn from past mistakes or continue to be stagnant.
Whats your opinion on the most important aspects of a trading system
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經驗豐富的交易員
中
Apr 19, 2022 at 10:06
According to me, it has to be staying consistent in profit making strategies. It is every trader’s end goal and the reason people invest. A strong risk management plan is necessary to make it for a longer period in the tricky market conditions.
Demo can not make you well experienced
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Apr 15, 2022 at 09:18
A demo account is used for practice. It doesn’t make you an experienced trader. It only helps you with trial and error and you test your strategy to see if it works or not. When you trade with real money, only then you’ll be considered experienced after a period of time, when you pick up tricks of the trade.
Can you borrow money from the bank to trade forex?
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Apr 14, 2022 at 05:42
I can assure you it will not end well, do not make this mistake. Wait for a while, once you think you have enough capital to match your goal, that is when you should consider trading. Make life easier, not tougher.
Money Management Tips
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Apr 14, 2022 at 05:37
If you’re getting into trading, you need to lay out your budget, and work around it creating a plan where you choose to spend only a certain amount in a specific trade. This way, you do enough research, you know your goal, and when you figure out the risk ratio, you start saving and receiving more profit than you imagined.
Broker
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Apr 13, 2022 at 06:53
Imo a broker that is regulated and offers transparent pricing is good for traders, especially newbies. Here are some good options in regulated brokers:AaafxIC MarketsHotforexFxtm
You need sound mind
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Apr 05, 2022 at 05:19
Greed is the emotion that makes traders unsatisfied. If the trading is done out of greed it pushes you to overtrade which often leads to heavy losses.
Be productive
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Apr 05, 2022 at 05:17
Make sure you have the right mindset. Your attitude and risk management skills could make or break you. To boost productivity, you must outline a strategic plan and ignore distractors. Build your knowledge as you grow.
Making consistent money
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Apr 04, 2022 at 09:52
Making consistent money doesn’t mean that a trader needs to trade full time. Making consistent money is referred to as making winning trades in a series which a part-time trader can also make.
There is no short cut
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Apr 04, 2022 at 09:43
The only way you can trade successfully is if you are willing to learn through experience, over time. There is no shortcut. It's a tough market and you need to develop patience to stay.
Fear is the greatest reason
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Apr 04, 2022 at 09:42
I agree! Fear also causes us to set aside common sense and self-control. It hinders the ability to make rational decisions. So it is important to have a practical approach and make judgement based on facts and figures.
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