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Lethab_Mpho
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Posts by
Lethab_Mpho
Most people become unrealistic
in
General
Feb 09, 2022 at 08:07
There is no advantage of expressing yourself what you are not in actual. This will slowly train your mind with dual personality which eventually leads to the stressed life.
How to start forex trading? Read These Best Tips!
in
General
Feb 09, 2022 at 08:05
Demo trading is the crucial step, never skip that for a small chunk of profit.
Is trading hard?
in
General
Feb 09, 2022 at 08:03
Yeah can say it is hard because trading demands hello lot of knowledge of charts and major events that an affect the price movements of the pairs.
Does forex strategies usually work>
in
General
Jan 21, 2022 at 08:39
True with right set of skills and consistent practice anyone can make a way here.
Be productive
in
General
Jan 20, 2022 at 11:51
For a trader, words don't matter, action will speak.
Luck is important
in
General
Jan 20, 2022 at 11:49
Relatable! Luck is dependent on the efforts we are making for the trading.
Good broker is needed
in
General
Jan 20, 2022 at 11:48
true in each sense! if you know how to trade and time the market you can see good returns no matter which the broker is. Its just the early phase of trading when choosing brokers really matters later on you know well how to compensate the flaws as no one is perfect in this world.
Is trading for living possible?
in
General
Jan 11, 2022 at 06:35
Possible when you have no financial liabilities like debts and making bucks like a pro on trading.
5 Things I have learned in 5 years of trading!
in
General
Jan 11, 2022 at 06:34
1. Research2. Strong technical analysis3. Backtest strategies4. Use stop loss and take profits5. Do not over trade
There is no short cut
in
General
Jan 11, 2022 at 06:32
Shortcut is always for failures and not for success!
Defination of a Good Trader?
in
General
Dec 20, 2021 at 10:11
Good trader trades silently learning from the mistakes and involve in healthy discussions.
Basic mistake we make
in
General
Dec 20, 2021 at 10:10
Right, this is the only biggest mistake a trader can make in hurry. Sit and apply stop loss by calculating the risk and reward for yourself.
Demo can not make you well experienced
in
General
Dec 20, 2021 at 10:07
Demo is only helpful till the time you understand forex terms, beyond that if someone is getting profits on demo then there is no harm in switching to micro lot accounts for live trading. This thing will tell you how to manage your real money along with the management of stress and emotions.
Basics knowledge is not enough
in
General
Dec 06, 2021 at 07:14
Haha, true, only results will tell the amount of knowledge someone has.
Are you afraid to lose your trade?
in
General
Nov 20, 2021 at 08:11
Yeah, until you're not on demo :D
Fxview
in
Brokers
Nov 20, 2021 at 08:08
Found them legit economical. Till now the charges were killing me being a noob. Glad to have found them. Recommended!
Why demo is easy?
in
General
Nov 20, 2021 at 08:06
Exactly but it teaches a lot about the real market. Though real money not involved but demo helps in better chart analysis, and habit of apply stop loss.
When to stop.
in
General
Nov 20, 2021 at 08:00
Stop loss must not too wide, I have seen many keeping 5% but I prefer to keep it to 2%. Risk differs from profile to profile.
Basics knowledge is not enough
in
General
Nov 20, 2021 at 07:57
Hey, I am new to this forum, but a bit oldy in forex. Agreed! forex needs extensive knowledge I spent a year on demo before going live.
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