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Sarjohn
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Posts by
Sarjohn
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Leverage
in
New Traders
Jun 15, 2021 at 07:48
Due to regulations most of the brokers have restricted leverage to 30x. In order to make money instantly, traders use high leverage and do not understand the risk behind it. So to bound the losses of new traders, brokers have restricted them to 30x leverage.
Beginner in forex
in
New Traders
Jun 15, 2021 at 07:48
That person did a good job, as you know nothing about the forex so from here you can learn about forex from basic to advanced level, and if you have any question you can post your question and ask from other traders. You can share your own experience, learn from other experiences.
To Demo or not to Demo
in
New Traders
Jun 11, 2021 at 05:55
Yes you can definitely not connect your emotions with a demo but demo is the best thing to learn forex, trading platforms and helps to build your strategy.
myfxbook is doing a great job
in
General
Jun 10, 2021 at 05:52
Yes, myfxbook is doing a great job. We can find any information on forums, can share our experience and ask any question on the forum. Also we can get EAs from here.
lost
in
New Traders
Jun 09, 2021 at 07:11
Initially you will lose but continue practice on demo and you will start understanding trading gradually. Do not think about losses. Even experienced traders make mistakes and lose. There is no way to escape loss, so accept it and continue trading and try not to repeat the same mistake again.
Expert Advisors for newbie.
in
New Traders
Jun 08, 2021 at 07:17
Being a newbie I do not know about the EAs so much, I am trading manually although I have heard a lot about EAs and will study about all of them soon.
News trading is very tempting
in
General
Jun 07, 2021 at 05:50
Yes, indeed it is the best way to trade forex.
Fundamental stuff
in
General
Jun 01, 2021 at 06:44
Yes, fundamental analysis is also important for trading. You can not make sure that only with technical analysis you will make profit, as if there is any event release the market becomes much volatile and your technical analysis won’t work at that time.
Two important book about trading psychology
in
General
May 31, 2021 at 13:25
If you are a new trader do not only focus on gaining knowledge and learning skills in fact also focus on trading psychology, this will help you to remain calm, positive and help to control your emotions. Of course these books will help you a lot so read these books also.
News trading is very tempting
in
General
May 27, 2021 at 08:14
Yes market news brings good opportunities but before placing any order make a perfect trading plan.
There is no way to take revenge
in
General
May 24, 2021 at 07:53
Yes, we can not work with a negative mindset, and revenge trading always brings a negative mindset. Focus on knowledge and learning rather than on revenge trading.
There is no way to take revenge
in
General
May 21, 2021 at 08:46
Exactly the market is not your relative or friend to whom you can take revenge, it will end losing your money only.
Emotional Trading
in
General
May 20, 2021 at 08:21
Yes if you do emotional trading you will definitely lose, it’s always better to have a good trading strategy.
I think every successful trader
in
General
May 20, 2021 at 01:59
Yes you can not copy others trading strategy plan and win, make your own trading plan and then trade.
Money and skills
in
General
May 18, 2021 at 11:42
Yes, without money and skills forex trading is a waste of time.
Choosing a new broker
in
General
May 14, 2021 at 10:40
Lowest commission, ultra tight spreads, hassle free deposit and withdrawals and some bonus also.
What do you wish to achieve through forex?
in
New Traders
May 13, 2021 at 09:43
To become an experienced trader, and earn a lot of money for the long term.😀😀
In trading everyone should have some rules
in
General
May 12, 2021 at 08:31
Totally agree, to become a profitable trader you would need to follow basic rules and create your well defined strategy.
Two important book about trading psychology
in
General
May 11, 2021 at 08:26
Agreed, any theoretical knowledge is waste until and unless the knowledge is practiced regularly. When we practice regularly we get to know about the actual difficulties we face while trading.
Making money is a habit
in
General
May 10, 2021 at 08:22
Agreed, yes money making is a secondary thing, primary thing in forex is to learn.
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